FINANCING
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Finance Ministry Has Three Payment Peaks Left In 2018
The year 2018 is another volatile year in terms of the government’s financial needs, with an uneven distribution thereof, payment peaks of 7 to 8 billion lei (EUR1.5 billion to EUR1.7 billio...
Transelectrica To Receive EUR27M From EC To Develop Cernavoda-Stalpu Energy Project
Romanian state-run power grid operator Transelectrica on Friday said it would receive non-reimbursable financing of EUR27 million from the European Commission in order to build the 400 kV Ce...
New Investment Fund, Focused On Technology Start-ups, Taps Romanian Market
Venture capital fund GapMinder, which targets innovative start-ups and is mostly financed through the Competitiveness Operational Programme (COP) 2014 - 2020, with co-financing through the E...
Start Up Nation Program Gets EUR93.7M Financing
The Start Up Nation program will get EUR93.7 million after the Managing Authority for the Human Capital Operational Program, within the Ministry of Regional Development, Public Administratio...
EBRD Finances New Buses for Romanian City Brasov
The European Bank for Reconstruction and Development (EBRD) is providing up to RON114 million (EUR25 million equivalent) to finance the acquisition of 105 new buses by the Romanian city of B...
Energy Ministry To Grant RON227-320M Financing For Investments At Iernut Power Plant
Romania’s Energy Ministry, the majority shareholder of state-owned natural gas producer Romgaz, will grant the company non-reimbursable financing of RON227-320 million for investments in gas...
EBRD And BCR Grant $38.7M Financing For Construction Of Mineral Oil Recycling Factory
The European Bank for Reconstruction and Development (EBRD) and BCR grant financing of $38.7 million for the construction of a recycling factory for used mineral oil in Oltenita (Calarasi Co...
EIB Granted EUR13B Worth Of Financing To Romania In Last 25 Years
The European Investment Bank (EIB) has approved more than EUR13 billion worth of financing and advisory services for Romania since it started its operations in the country 25 years ago.
EU Approves Financing for Bucharest Subway Line Extension
The European Commission on Tuesday approved the investment of EUR251.8 million from the EU's Cohesion Fund into extending Bucharest's fifth subway mainline that connects the western part of...