09.24.2013

The Swiss Government will grant financing of up to CHF8.5 million for drawing up pre-feasibility and feasibility studies for the construction of Bucharest’s fourth subway mainline linking Lac more

09.24.2013

Romanian lender UniCredit Tiriac Bank granted loans of RON320 million in January-August to small and medium-sized businesses with turnovers of below EUR3 million, up 9% on the year, said the bank’s more

09.16.2013

Leasing companies affiliated to banks have relied either on funding for vehicle or equipment purchases to keep their business going, as the first half rankings show. more

09.06.2013

The top-three leasing companies affiliated to banks in the first half of the year were, in this order, UniCredit Leasing, VB Leasing and Raiffeisen Leasing, according to market sources. more

07.29.2013

South-African investment fund New Europe Property Investment (NEP.RO), one of the most active real estate investors in Romania, raised EUR100 million on the stock exchange, which will finance more

07.18.2013

Nearly 60% small and medium-sized firms (SMEs) in Romania have managed to report constant financial results between 2009 and 2013, over a quarter reported decreases and over 90% use self-financing to more

06.18.2013

Romania’s real estate market continues to be highly dependent on bank loans because of a poor capital market development, according to an analysis by real estate consulting company DTZ Echinox. more

06.11.2013

Economy Minister Varujan Vosganian said on Monday at ZF Live, the business show broadcast daily on zf.ro from 10:00 to 11:00 every morning that bank financing has become a problem for more

06.07.2013

Women who are taking their first steps in business will receive non-reimbursable financing of up to EUR10,000 from the state based on their business plan through a state-supported program carried out more

05.17.2013

European Bank for Reconstruction and Development (EBRD) has cancelled plans to provide EUR207 million funding for a EUR276 million power plant the Russian owner of aluminum smelter Alro (ALR.RO), more

05.14.2013

The Finance Ministry is considering issuing government bonds dedicated to the population for the first time in almost ten years in order to expand the investor base and to encourage long-term savings, more

05.13.2013

The business volume of the European Bank for Reconstruction and Development (EBRD), a multilateral financial institution which includes Romania among its shareholders, stood at EUR612 million last more

04.28.2013

The World Bank has approved a EUR70 million modernization project for Romania’s tax authority ANAF, the institution said in a statement. more

04.23.2013

Romania’s Agriculture Ministry wants to allot EUR1 billion, of a total EUR21 billion in European Union structural funds allocated for 2014-2020, to its basic infrastructure for irrigations, more

04.11.2013

Romanian small and medium-sized enterprises (SMEs) will be able to submit financing requests starting Monday, April 15, through state-supported program Mihail Kogalniceanu. more

04.05.2013

Romanian Transport Minister Relu Fenechiu on Friday said the European Commission would finance works for the extension of Bucharest's fourth subway mainline linking Parc Bazilescu to Straulesti and more

04.04.2013

Romania’s Ministry of Agriculture is looking at ways to cover the exchange rate difference for farmers who acquire equipment and machinery in euros under the country’s government program for more

03.27.2013

Romania’s UniCredit Leasing Corporation said Wednesday it granted new financing worth EUR274.7 million in 2012, up 6% on the year. more

03.27.2013

Financing granted through the state-supported “First Home” program has reached EUR3.18 billion and the default rate is currently 0.1%, according to the National Fund Guaranteeing Loans for Small more

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