FINANCING
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Economy Minister: Enterprise Financing In Romania 4 Times More Expensive Than In Germany
Economy Minister Varujan Vosganian said on Monday at ZF Live, the business show broadcast daily on zf.ro from 10:00 to 11:00 every morning that bank financing has become a problem for Romani...
Romania To Support Women Seeking To Start Their First Business
Women who are taking their first steps in business will receive non-reimbursable financing of up to EUR10,000 from the state based on their business plan through a state-supported program ca...
EBRD No Longer Funding EUR276M Power Plant Project Of Alro’s Owner
European Bank for Reconstruction and Development (EBRD) has cancelled plans to provide EUR207 million funding for a EUR276 million power plant the Russian owner of aluminum smelter Alro (ALR...
Finance Ministry Mulls Selling Bonds To Household Clients
The Finance Ministry is considering issuing government bonds dedicated to the population for the first time in almost ten years in order to expand the investor base and to encourage long-ter...
EBRD Financing To Romania Higher Than EUR600M In 2012
The business volume of the European Bank for Reconstruction and Development (EBRD), a multilateral financial institution which includes Romania among its shareholders, stood at EUR612 millio...
World Bank Approves EUR70M Project For Romania’s Tax Authority Modernization
The World Bank has approved a EUR70 million modernization project for Romania’s tax authority ANAF, the institution said in a statement.
Romania Wants To Earmark EUR1B Of EU Structural Funds For Irrigation Infrastructure
Romania’s Agriculture Ministry wants to allot EUR1 billion, of a total EUR21 billion in European Union structural funds allocated for 2014-2020, to its basic infrastructure for irrigations,...
Romania Allots RON16M For SME Support Program In 2013
Romanian small and medium-sized enterprises (SMEs) will be able to submit financing requests starting Monday, April 15, through state-supported program Mihail Kogalniceanu.
Minister: EU To Fund Works On Bucharest’s Fourth And Fifth Subway Mainlines
Romanian Transport Minister Relu Fenechiu on Friday said the European Commission would finance works for the extension of Bucharest's fourth subway mainline linking Parc Bazilescu to Straule...