Companies
Government To Approve This Year's Second Budget Revision Saturday
Romania’s Government will meet Saturday to approve this year’s second budget revision.
EC Officials To Soon Visit Romania For Talks On Pre-Suspended EU-Funded Programs
European Commission representatives will visit Romania in November for talks on pre-suspended EU-funded programs and to analyze the way the Government applied the measures recommended by EU...
Agriculture Ministry Wants EUR1B In EU Funds For Irrigation Project
Romania’s Agriculture Ministry wants to access about EUR1 billion in EU funds to rehabilitate the country’s irrigation system, as the investment may not be covered with state budget funds, A...
EC Pre-suspends Payments For Three Romanian EU-Funded Programs Worth EUR10.5B
The European Commission on Thursday informed Romanian authorities about its decision to pre-suspend payment for three Romanian EU-funded programs, for transport, regional development and eco...
Bucharest Bourse Expects More Corporate Bonds In Next Year
The Bucharest Stock Exchange estimates more companies will list corporate bonds on its platform in the next 12 months, following the success of a five-year bond issued by GDF Suez Energy Rom...
Prosecutors Investigate Some 200 Passenger Rail Staff Suspected Of Corruption
Prosecutors are investigating around 200 employees of passenger railway company CFR Calatori, including managers and ticket controllers, suspected of corruption and abuse of office, company...
Agricola Bacau January-September Sales Rise 8% To RON423M
Romanian agri-food group Agricola Bacau Thursday said its sales rose 8% in the first nine months of the year, to 423.3 million lei (EUR92.5 million), from RON392 million in the same period l...
IMF: Government Should Decide Which Companies To Keep And Sell Or Close The Rest
The Government must decide which companies it keeps and privatize or liquidate the remaining ones because the Romanian sector of state-run enterprises is still oversized even when considered...
Most Romanian Two-Star Hotels To Disappear From Market In Next Years – Tour Operators
Most of Romania’s two-star hotels will disappear from the market in the next years because of low demand, and will either be modernized and reclassifies or demolished, according to tour oper...