08.03.2015

Romanian Businessmen Association AOAR says that the new public procurement legislation is unclear, and calls for a public consultations period until September 30. more

07.30.2015

American Chamber of Commerce in Romania (AmCham) calls for a public consultations period of at least 30 days on the new public procurement legislation, from the ten days announced by the Finance more

02.17.2015

The debts of state-run companies account for almost half of their revenue and most of the money is owed to the state budget. more

01.15.2015

Public Domain Administration (ADP) plans to contract street repair works worth 402.9 million lei (EUR89.7 million), VAT included, for capital Bucharest’s district 1, in a 44-month contract. more

01.13.2015

The local construction market, one of the hardest hit during the crisis, further declined last year, by 10-15%, to 8.2-8.6 billion euros, according to data provided by the Romanian Association of more

12.11.2014

Public sector wages will be frozen in 2015 at this year's level, except for teaching staff, whose wages will be raised by up to 10% in two steps, and healthcare staff under certain conditions. more

11.06.2014

The lowering of public investments might represent a means of control over the spending of public funds as a result of the anticorruption actions taken lately, Romanian central bank governor Mugur more

11.04.2014

The lowering of public investments may be beneficial on long term, if it is based on financial discipline, by removing unrealistic projects and corruption, although it impacts the short-term economic more

10.31.2014

Shareholders of Romanian investment fund Fondul Proprietatea (FP.RO) will place sale orders for around 85% of the total number of shares available in the public tender offer developed by the company, more

09.29.2014

Romania is not, by far, among the top countries in the European Union that back innovation and authorities ought to increase public investments in this sector, Gabor Sztaniszlav, general manager of more

09.08.2014

Romania should spend over $3 billion on public investments by the end of the year, but the funds, covered from the state budget, are difficult to spend due to procedural bureaucracy, Prime Minister more

08.21.2014

Romanian pharmaceutical producer Biofarm (BIO.RO) will buy back up to 10% of its own shares by public offering, at a price of RON0.305/share, thus, the value of the offering might reach RON33.3 more

07.07.2014

Romania's national integrity agency has awarded a RON30.41 million (EUR6.9 million) contract to a consortium consisting of Siveco, UTI Grup, SAP and Computer Sharing for software that wou more

06.06.2014

Romanian deputy prime minister Liviu Dragnea Friday said that the legislation on public acquisitions should be clarified and simplified as investments are currently delayed, adding that they should more

03.18.2014

Romania pursues a strategy of issuing liquid benchmark bonds and refinancing treasury bills via euro-denominated bonds to improve its public debt management, Budget Minister Liviu Voinea said Tuesday. more

03.06.2014

The main 20 public investment projects in 2013 totaled 6 billion lei (EUR1.33 billion), namely half of the total sum assigned from state budget, of nearly RON12 billion, with the first three projects more

11.12.2013

Romani could list energy companies Hidroelectrica and Electrica both in Bucharest and London next year, following a similar public offering for Romgaz’s shares, Prime Minister Victor Ponta said more

11.11.2013

Romania’s government will keep gross wages in the public sector unchanged in 2014 and only novice teachers will get a raise of up to 10%. more

11.08.2013

No new public hospital has been built in Romania’s capital city Bucharest after the fall of communism in December 1989, but this year works have started on a new Foisor hospital and are ongoing on 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

10.11.2013

Employees of Bucharest subway operator Metrorex and public transport company RATB will go on strike Monday and Tuesday between 4 a.m. and 4 p.m. if negotiations with Transport Ministry more

10.03.2013

Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the more

10.01.2013

Public offerings conducted by state-run companies on the stock exchange have created a favorable environment for privately-held companies looking for capital, says Matei Filipidescu, head of the more

09.27.2013

Romania’s Government will approve a list of priority projects in the next three or four weeks, including several multiannual infrastructure projects, minister-delegate for the state budget Liviu more

09.26.2013

Unionists with Bucharest public transport companies Metrorex and RATB have postponed until October 14 a full-blown strike planned for September 30, union leader Ion Radoi said Thursday. more