01.25.2017

The number of investments in local startups is still low, even though the pace of funding and the amount thereof has been rising in the past two or three years, as Romanian and foreign investors more

11.25.2016

The Finance Ministry said it proposed raising the guarantee budget for the government-backed mortgage lending First Home program by an additional RON250 million, following requests from the banks more

05.27.2016

The Romanian Government on Friday approved funds worth over EUR300 million for aid payments in the local animal husbandry sector. more

01.19.2016

The European Union has assigned EUR179.3 million for the development of the Romanian section of a natural gas pipeline connecting Bulgaria to Austria, while transiting Romania and Hungary. more

12.09.2015

The guarantee budget for the government-backed mortgage lending First Home program has been raised by an additional RON200 million, Government spokesperson Dan Suciu said Wednesday. more

11.09.2015

Craiova-based electric locomotive and multiple unit manufacturer Softronic held by Romanian entrepreneurs is seeking funding for the construction of the third high-speed electric train Hyperion, which more

08.27.2015

Romania’s natural gas grid operator Transgaz (TGN.RO) plans to invest EUR200 million next year but the decision to begin work on its projects depends on it securing the co-financing from the EU for more

06.08.2015

The capital market can partly cover the funding gap, but there are several factors to be considered, Mircea Ursache, vice-president of Romania’s Financial Supervisory Authority (ASF), told ZF more

04.17.2015

International Finance Corporation, the World Bank’s private investment arm, will announce the granting of funding worth as much as EUR100 million in the next ten days, with the institution also more

04.09.2015

Romanian cable maker Romcab got EUR25 million funding from the International Investment Bank, with the operation being handled by BAC Investment. more

04.07.2015

BCR Leasing, a top ten player on Romania’s leasing market, forecasts a 50% increase in the volume of granted financing this year, from almost EUR71 million (RON315 million) in 2014, according to a more

01.15.2015

Romanian IT&C entrepreneur Antonio Eram raised a $2 million in capital from a group of investors of Mexico and the US for Mobilender, a mobile application developed by his company, Netopia, that more

01.13.2015

Several real estate developers in Romania will seek to attract financing of around EUR300 million this year to take their mall or office projects further, with the biggest funds being needed for the more

11.18.2014

Asset manager Certinvest, the largest independent investment fund manager in Romania, plans to raise EUR5 million via an investment firm listed on the stock market and use the money to finance small more

11.13.2014

Fertilizer, pesticide and seed wholesaler Biochem, held by Chimisliu family of Constanta, registered Biochem Creditare IFN, an entity that will turn into the company’s lending unit and release EUR50 more

09.22.2014

Romania's government has reassigned funding left unused from the RON500 million guarantee budget for housing built by the National Housing Agency (ANL) under the "First Home" mortgage lending program more

09.17.2014

The leasing market grew by more than 20% in the first half driven by funding for vehicle purchases, while the equipment segment has yet to make a visible impact. more

08.20.2014

Leasing companies in Romania granted new funding worth EUR664 million in the first six months of the year, up 22% from the same period of last year, according to data provided by ALB Romania, the more

07.23.2014

The World Bank/IFC, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) extended loans of around EUR400 million in the first year-half to Romania’s more

04.02.2014

Romanian aluminum processor Alumil Rom Industry (ALU.RO) signed a RON10.2 million contract, of which nearly RON9.7 million will be non-reimbursable EU funding through the human resources development more

03.24.2014

The market is flush with cash and its price has never been so low. Thus, the Romanian market is not having a cash issue now, but it’s coping with a loan demand shortage. On the other hand, bonds more

12.12.2013

The European Commission announced Thursday it has approved a EUR82.7 million investment for the construction of an 18.5-kilometer ring-road in Brasov, central Romania. more

10.01.2013

The foreign funding of banks in Romania dropped to nearly EUR19 billion in August, which translates into a EUR2.6 billion decline in the past year and a EUR4.6 billion decline in the past two years, more

09.25.2013

Private healthcare providers are complaining that the government is distributing healthcare money at its discretion and there is no predictability in dealing with the authorities. more

08.02.2013

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