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EUROPEAN FUNDS

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EY Romania Survey: Over Half Of Romanian Companies Accessed European Funds And State Aid Schemes
Companies

EY Romania Survey: Over Half Of Romanian Companies Accessed European Funds And State Aid Schemes

Just over half of Romanian companies (51%) have attracted financing through European programs and state aid schemes, with the sector of firms with annual revenues of over EUR10 million being the most dynamic, as per a survey conducted by EY Romania.

Ecaterina Craciun · 21.01.2025 · 14:11 · 4 min
Romanian Startup Octavic Got Over EUR770,000 In European Grants In The Past Year
Companies

Romanian Startup Octavic Got Over EUR770,000 In European Grants In The Past Year

Octavic, a provider of digital solutions for the manufacturing industry, has been awarded four international European projects over the last year, providing the company with financing of ove...

Ecaterina Craciun · 09.06.2022 · 18:02 · 3 min
European Funds Ministry Seals EUR47.6M Contract For Modernizing Emergency Number System
Social/Politics

European Funds Ministry Seals EUR47.6M Contract For Modernizing Emergency Number System

Romania’s European Funds Ministry and the country’s Special Telecommunications Service (STS) signed on Tuesday an investment contract worth EUR47.6 million to modernize the country’s emergen...

Ecaterina Craciun · 28.08.2018 · 18:02 · 1 min
UniCredit Tiriac Bank Expects Romania Will Absorb EUR6B In EU Funds This Year
Macroeconomics

UniCredit Tiriac Bank Expects Romania Will Absorb EUR6B In EU Funds This Year

Romania could absorb this year more Eu funds than in all previous years combined, of EUR6 billion, and reach and absorption rate of around 60% in 2014 and 80% in 2015, said Marius Radu, EU f...

Oana Gavrila · 21.03.2014 · 12:41 · 1 min
Romania Got EUR10.9B More Than It Contributed From The EU In 2007-2013
Macroeconomics

Romania Got EUR10.9B More Than It Contributed From The EU In 2007-2013

Romania received EU funding of EUR21.3 billion in 2007-2013 and paid EUR10.6 billion to the EU, resulting in a positive balance of EUR10.9 billion, Adrian Vasilescu, adviser to the central b...

Oana Gavrila · 21.03.2014 · 11:46 · 1 min
EU Partially Resumes Payments Through Romanian Regional Operational Program
Social/Politics

EU Partially Resumes Payments Through Romanian Regional Operational Program

The European Commission decided to resume payments for four axes of the Romanian pre-suspended regional operational program POR, the Romanian Ministry for European Funds said Tuesday.

Ioana Tudor · 23.04.2013 · 12:31 · 1 min
Romania Sent Refund Requests Worth EUR388M To EC In March
Social/Politics

Romania Sent Refund Requests Worth EUR388M To EC In March

Romania sent refund requests worth over EUR388 million to the European Commission in March, the European Fund Ministry said Wednesday.

Ioana Tudor · 03.04.2013 · 16:50 · 1 min
Romania’s EU Fund Absorption Rate Remains Unchanged In November
Banks-Insurance

Romania’s EU Fund Absorption Rate Remains Unchanged In November

Romania’s cohesion and structural fund absorption rate remained unchanged in November, at 9.72% (EUR1.867 billion), as payments from the European Commission were zero.

Ioana Tudor · 05.12.2012 · 16:25 · 1 min
Banks-Insurance

Romania May Lose EUR1.26B EU's Funds For Economic Competitiveness In 2013

Romania may lose European funds of EUR1.26 billion in 2012, through Sectorial Operational Program Increase of Economic Competitiveness (POS CCE), unless attracting eligible projects co-finan...

Manuela Panescu · 09.11.2012 · 16:25 · 1 min