01.22.2014

A total of 2.8 billion euros drew Romania last year from the European Union in non-reimbursable funds, just half the yearly target, but enough to keep the leu in check and repay some of the foreign more

01.20.2014

Romanian state-run lender EximBank said Monday it has signed financial agreements worth about EUR50 million with local company Alro Slatina (ALR.RO) to finance current operations and issue bank more

01.15.2014

Six managers made the rules on the mutual fund market in 2013, raising 3.5 billion lei (EUR775 million) from investors. In 2014, the declining interests may bring another RON4 billion in net more

01.14.2014

The combined net assets of the 64 Romanian open-end investment funds rose in 2013 by 47.4%, to an all-time high of around 13 billion lei (EUR2.9 billion), compared with RON8.81 billion a year earlier, more

01.09.2014

The Romanian Government alloted 2 billion lei (EUR444 million) for the “First Home” mortgage lending program this year, out of which RON740 million are funds unused in 2013, according to the more

01.08.2014

The average yield of Romania’s voluntary private pension funds (Pillar III) reached a three-year high of 11.33% in 2013, and their total net assets stood at 811 million lei (EUR184 million) in more

12.20.2013

The year 2013 was the year of major changes on Romania’s capital market. State-owned energy companies Nuclearelectrica and Romgaz conducted initial public offerings and raised half a billion euros more

12.19.2013

Mutual funds attracted 3 billion lei from investors in the first 11 months of this year, a record-high amount which is double the inflow recorded in 2012.This comes as people sought more profitable more

12.12.2013

Mutual funds in Romania ended November with record-high net inflows of 777.8 million lei (EUR174 million), the largest monthly amount ever attracted on this market. more

12.11.2013

The net subscriptions of Romanian open-end investment funds hit a record high of 777.8 million lei (EUR174.9 million) in November, and local bond funds attracted 72% of the entire sum. more

12.09.2013

Romania’s European fund absorption rate reached 25.96% at the end of November, up 1.4 percentage points on the month, according to the Ministry for European Funds. more

11.12.2013

Romania’s absorption rate on EU structural and cohesion funds reached 24.56% in October, up 3.39 percentage points from 21.17% in September, according to the Ministry of European Funds. more

11.12.2013

The combined net assets of Romanian open-end investment funds climbed 3% on the month to 11.45 billion lei (EUR2.57 billion) in October, the local Association of Asset Managers, or AAF, said Tuesday. more

10.29.2013

Contracting authorities last year awarded contracts worth a total of EUR15 billion through the electronic public procurement system (SEAP) - 103,911 contracts granted to a total of 9,268 companies, more

10.28.2013

The net profit of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pension funds reached 462.8 million lei (EUR104.2 million) in the first half of 2013, up 41% on the year, according more

10.24.2013

Romania has attracted some EUR2.4 billion by October 22 in European structural and cohesion funds, the European Funds Ministry said in a press release Thursday. more

10.23.2013

Romania’s Transport Ministry has been allotted EUR1.3 billion in European funds to upgrade the railway linking Craiova to Calafat, a EUR400 million investment, and modernize 16 ports. more

10.18.2013

Mutual funds financed Romania’s budget deficit by purchasing treasury bonds worth more than 6 billion lei (EUR1.35 billion), which translates into almost half of RON12.5 billion worth of assets they more

10.14.2013

Lack of technical skills and decision-making ability are the main obstacles Romania and Bulgaria encounter in preparing projects eligible for European financing, according to a report by international more

10.03.2013

Romania’s absorption rate for EU structural and cohesion funds reached 23.77% in September, from 21.89% in August, translating into a 1.88% month-to-month growth, the European Funds Ministry said more

09.12.2013

Private equity firm 3TS Capital Partners has so far attracted EUR103 million for its fourth fund, which targets investments of EUR2-10 million per company in the media and IT&C sector, including the more

09.11.2013

Romania’s trade balance on agrifood products is still running a deficit despite the fact that the country’s agriculture sector was allotted funds of EUR10 billion from the European Union over the more

09.10.2013

Romania's Payment Agency for Rural Development and Fisheries, or APDRP, will grant EUR70,000 to youngsters willing to start up businesses in rural areas, Nicolae Popa, deputy general manager of the more

09.09.2013

The lack of transparency, efficiency and responsibility of the public local administrations can be a major risk for Romania’s economy and more transparency could be the way to avoid potential more

08.19.2013

Romanian EU Funds Minister Eugen Teodorovici said the European Commission reimbursed Romania for EUR1.47 billion since the beginning of the year and the country’s EU fund absorption rate is more