01.03.2012

Romania's Ministry of European Affairs wants to buy communication and consultancy services, to increase public knowledge about the use of structural funds, through three projects worth over 20 million more

12.12.2011

Nicolae Crisan, former president of insurance watchdog CSA, was appointed general manager of the Guarantee Fund, a CSA department that protects insurance beneficiaries in case of insurer bankurptcy. more

12.08.2011

Romanian Finance Ministry has a liquidity buffer of over EUR3 billion which can be accessed if the country’s borrowing costs climb too much, people familiar with the matter said Thursday. more

12.03.2011

The private resources of the FGDB, a fund guaranteeing bank deposits, will be used to finance the bridge-bank, while public funds will only be used in the form of a loan granted by the Finance more

12.01.2011

Who are the 12 people who handle EUR7.78 billion worth of assets? more

11.25.2011

Romania’s private pension system regulator CSSPP has appointed former labor minister Mihai Seitan to head the private pension guarantee fund for the next four years. more

11.24.2011

Mandatory private pension funds have narrowly escaped the severe corrections recorded on the stock exchanges under the impact of the sovereign debt crisis and posted yields of up to 5.7% over the past more

11.23.2011

Romania’s securities commission CNVM is not very keen on the idea that investment fund Fondul Proprietatea (FP.RO) might be listed on a foreign stock exchange, because it fears the move would more

11.11.2011

The capital of Romania's National SME Loan Guarantee Fund will be raised by 250 million lei (EUR57.5 million) in 2012, according to Prime Minister Emil Boc. more

11.10.2011

The initial contribution to the Romanian private pension guarantee fund will amount to about EUR500,000 and will be paid by private pension fund administrators and pension providers by May 1, 2012, more

11.07.2011

Romania’s central bank has prepared the legislation enabling Romania to have a bank restructuring fund, whose resources will be possible to use to finance the measures taken to stabilize a troubled more

11.01.2011

The Romanian private pension guarantee fund will operate starting the first half of 2012, private pension system regulator CSSPP said in a press release Tuesday. more

10.27.2011

The market has plenty to chew on now that the EU leaders have announced a new set of measures to tackle the lingering sovereign debt crisis, but there might be some concern over the efficiency of the more

10.21.2011

Mandatory private pension funds have sheltered from the sovereign debt crisis by investing preponderantly in government bonds, seeking to offset the significant losses recorded by shares, as well as more

10.19.2011

Private equity fund Polish Enterprise Fund (PEF) VI on Wednesday said it will add EUR10 million to the share capital of Romanian company Profi Rom Food, for investment in the expansion of the Profi more

10.13.2011

Leonard Orban, Minister of European Affairs, said Thursday that Romania's EU fund absorption rate has not improved in the last few months by more than 0.2%, because of the decision to stop sending the more

10.13.2011

Romanian Minister for European Affairs Leonard Orban said Thursday he wants Romania to reach a European fund absorption rate of at least 20% by the end of 2012. more

10.10.2011

An investment fund controlled by American hedge fund Elliott Associates, has recently been reported as the largest institutional shareholder of investment fund Fondul Proprietatea, with 6.61% of the more

10.03.2011

Betting on stock in the first three months of the year, when the Bucharest bourse climbed 15%, and a shift to bonds starting April, close to the debt crisis onset, was the strategy that brought OTP more

09.28.2011

Diversified fund Audas Piscator, one of the smallest on the market, is the top performer among mutual funds with a 14% return in euros over the past month. The strategy behind the solid performance more

09.27.2011

The Romanian Chamber of Deputies on Tuesday adopted a bill which sets up the private pension guarantee fund, which will operate starting the first half of 2012, the Association for Private Pensions in more

09.20.2011

Romania’s Parliament has assembled in plenary Tuesday to take a vote on the Government’s proposition to create a Ministry of European Affairs run by former EU commissioner Leonard Orban. more

09.13.2011

Romanian Prime Minister Emil Boc said Tuesday he will send the Parliament Wednesday the proposition for presidential adviser Leonard Orban to be appointed minister of European Funds. more

09.12.2011

The assets of Romanian investment funds reached EUR1.98 billion at the end of August, considering the money raised by the funds available through local managers, which are registered abroad, more

09.09.2011

Romania will set up a Ministry for European Funds in October and the minister will most likely be former EU commissioner Leonard Orban, Development and Tourism Minister Elena Udrea said Friday. more