03.05.2013

The European Union is providing funds worth 14.2 million lei (EUR3.2 million) for a project meant to boost the Romanian Transport Ministry’s capacity to elaborate a general strategy in the sector of more

02.20.2013

Volksbank, which has been through a tough restructuring in the past few years, now wants to increase its number of clients and attract more deposits, and is preparing to open new branches. more

02.12.2013

Garanti Leasing, part of Garanti Romania, is launching its first financing line in lei for vehicles, equipment and real estate, and estimates to give loans of 10 million lei (EUR2.27 million) this more

02.08.2013

Romania’s Transport Ministry on Friday signed a financing contract of 4.98 billion lei (EUR1.1 billion) with state-owned railway company CFR for upgrades on rail section Sighisoara-Coslariu (Alba more

01.16.2013

Only 20% of Romanians can afford to use private medical services and the chances of people on low income to receive quality public healthcare will diminish if money from the National Health Insurance more

01.15.2013

Shopping center developer AFI Europe said Tuesday it obtained financing of over EUR30 million from Raiffeisen Bank International Group to complete a shopping center project in Ploiesti, southern more

01.14.2013

Romania’s gross borrowing requirement is estimated at EUR14.9 billion in 2013, equal to 10.1% of the gross domestic product, a report from Fitch Ratings showed Monday. more

12.31.2012

The lack of financing will remain the main challenge on the real estate market in 2013 and the bulk of realty projects worth over EUR300 million will be developed exclusively from investors’ own more

12.05.2012

Romania’s long-delayed nuclear power project in Cernavoda will most likely be completed with financial assistance from Chinese investors, deputy economy minister Rodin Traicu said Wednesday. more

12.04.2012

Romania’s Government on Tuesday lowered the cap on annual reimbursable financing local authorities may contract between 2013 and 2015 to stay within the consolidated budget deficit target. more

11.28.2012

Romania’s financing needs for 2013 are estimated to stagnate at around 70 billion lei (EUR15.5 billion), equal to 11% of the gross domestic product, Austrian Erste Group Bank AG said in a report more

11.26.2012

Romania’s Health Ministry has identified several strategic hospitals and will focus on developing them in the next few years, Health Minister Raed Arafat said Monday. more

11.22.2012

The International Finance Corporation, the private lending arm of the World Bank, has increased its exposure to Romania to $300 million at the end of last year, from $50 million before the financial more

10.29.2012

Romania’s Development Ministry wants to launch a double-scheme financing program meant to help local authorities develop public utility infrastructure, and to provide financing to investors in more

10.26.2012

Eric Stab, president and general manager of GDF Suez Energy Romania, the largest gas distributor on the local market, explained that the financing model used by parent group GDF Suez counted a lot in more

10.19.2012

The European Bank for Reconstruction and Development EBRD will co-finance with EUR13.85 million an upgrade and expansion project of the water and sewerage network in the southern Romanian county of more

10.19.2012

The bond issue launched by natural gas distributor GDF Suez Energy Romania provides the first official indications as to the costs of leu-denominated financing for companies. more

10.16.2012

The market of financial leasing returned to a decline in the first six months of this year because of lower financing for equipment and real estate transactions. more

10.15.2012

Intesa Sanpaolo Bank and its leasing division will borrow EUR20 million from the European Investment Bank (EIB) to finance small and medium sized enterprises (SMEs), midcap companies and projects more

10.05.2012

Romania’s Finance Ministry will likely tap international debt markets for a third time this year ahead of the November election campaign to increase its liquidity buffer, according to a report from more

09.26.2012

Romania has huge financing needs and it should seize any opportunity to attract additional funds, the head of the Bucharest Stock Exchange said Wednesday. more

09.24.2012

Romanian cable maker Romcab (MCAB.RO) opened a new plant last week in Mures county, and the investment received financing from state-run lender EximBank. more

09.21.2012

The quantitative easing measures announced by the major central banks in the world had positive effects on the financial markets in September, Romania included. more

09.18.2012

The European Commission on Tuesday approved a financial contribution of EUR180 million from structural funds for the construction of the world’s most powerful laser in Romania, in southern town of more

09.12.2012

Romania industrial engineering company Adrem Invest Bucuresti will sign a financing contract with Austrian bank Raiffeissen for the construction of the new thermal plant in the northeastern town of more