07.04.2024

In 2021, European Union member states lost around EUR61 billion in uncollected VAT, of which over EUR8 billion in Romania alone, placing the country third among European states in terms of more

07.02.2024

State-run Nuclearelectrica (SNN.RO), the operator of the Cernavoda nuclear power plant, has announced in a stock market report on July 2 the adoption of the European Commission’s positive opinion more

06.18.2024

The European Investment Fund (EIF) is launching the Gender Smart Equity Investment Program, collaborating with national promotional institutions and regional partners to promote gender diversity in more

06.06.2024

Investment in production machinery and military equipment in Romania surged by 80% in 2023 compared to the pre-pandemic period, well above the EU average of 30%, totaling EUR30 billion, or nearly 9% more

06.06.2024

Romanian companies that intend to list on the Bucharest Stock Exchange, on the Main or AeRO markets, can access, from June 7, 2024, non-refundable funds that cover the costs related to running a more

05.20.2024

In 2023, European Union Member States imported 163,700 tons of natural honey worth a total of EUR359.3 million, from countries located outside the EU bloc, as per data released by the European more

04.29.2024

The European Commission has approved, under EU State aid rules, Romania's plans to grant its state-owned flag carrier TAROM restructuring aid of up to EUR95.3 million (RON473.69 million). The measure more

04.15.2024

The largest oil producers in the European Union in 2022 were Italy (4.5 million tons), Denmark (3.2 million tons) and Romania (3 million tons), data from Eurostat, the statistical office of the more

04.09.2024

The European Commission has approved the reintroduction of Romania’s EUR2.5 billion state aid scheme meant to support enterprises in the context of Russia’s war against Ukraine. more

03.08.2024

Romania was among the top beneficiaries of the European Investment Bank (EIB) Group's support in 2023 relative to the size of its economy, considering that new financing committed in 2023 reached a more

03.07.2024

The European Commission has approved a €3 billion (RON 15.22 billion) Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic to foster the transition more

02.16.2024

The European Commission, in its Winter Forecast on February 15, revised downwards its forecast for Romania’s economic growth to 2.9% for 2024 and 3.2% for 2025, lower by 0.2 percentage points (pp) more

02.12.2024

For the second consecutive year, the EY and Institute of International Finance (IIF) Bank Risk Management Survey finds that cybersecurity is the top concern for European banking Chief Risk Officers more

02.09.2024

The European Commission approved on Friday (Feb 9) an aid scheme worth EUR241 million (RON1.2 billion) notified by Romania to support agricultural producers, in the context of the war waged by Russia more

02.07.2024

The Board of Directors of the European Investment Bank (EIB) has approved EUR3.2 billion of new financing to support clean energy, transport, corporate research and development, and business more

02.06.2024

The rules on credit agreements for consumers were revised at the end of 2023, when new responsibilities for creditors were introduced to protect consumer rights, shows an analysis by the law firm more

01.25.2024

Appointments of female board directors to Europe’s largest financial services firms declined seven percentage points year-on-year, as per the latest EY European Financial Services Boardroom Monitor, more

01.25.2024

In 2023, the European Investment Bank Group signed new financing contracts for close to EUR88 billion for high-impact projects in EU policy priorities, including climate action, sustainable more

01.11.2024

The European Commission has approved a EUR126 million Romanian scheme to support investments in ports facing increased trade flows after Russia’s war against Ukraine. more

12.04.2023

The European Commission has approved EUR33.9 million from the European Union Solidarity Fund (EUSF) to support Romania in addressing the extensive damages caused by droughts and wildfires in 2022. more

11.23.2023

The European Commission has given a positive assessment of Romania’s modified recovery and resilience plan, which includes a REPowerEU chapter. more

11.16.2023

The European Commission forecasts, in its autumn economic report for Romania, that the real GDP growth is expected to slow to 2.2% in 2023 due to high inflation limiting disposable income, restrictive more

10.26.2023

The European Investment Fund (EIF) is granting Raiffeisen Bank Romania two guarantee schemes worth EUR400 million to fund the investments carried out by small and medium-sized enterprises (SMEs) on more

09.18.2023

Uni Systems, a strategic partner in the field of information technology and communications for financial institutions, public institutions and telecom operators in the European region, which offers more

08.10.2023

The European Commission has approved a Romanian state aid scheme worth RON200 million (RON998 million lei) intended to compensate forest owners for the wood they did not cut, as a result of some more