FINANCING
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Glassware Maker Stirom Plans To Raise EUR10M On Stock Exchange
Romanian glass container producer Stirom Bucharest (STIB.RO) hopes to raise around EUR10 million via capital increases and a secondary public offering of stock on the Bucharest Stock Exchang...
Romania's Spending On Healthcare Is Lowest In EU, Study Finds
Romania spends less on healthcare as a share of the GDP than any other EU state – 5.6% in 2009, compared with the EU average of 9.9%, and 3.7% in 2011, which is only two thirds of the necess...
Real Estate Financing: Harder To Get, More Risks To Take
Banks are still reluctant to lend to real estate investors, so developers have to take more risks if they want to continue their projects and remain on the market, according to information p...
ING Corporate: We Are Not Complaining About The Lack Of Financing Requests, But They Are Still Few
The corporate sector comes with requests for financing to the bank, most of them eligible, but they tend to focus on cost streamlining and on improving productivity rather than on boosting c...
Ponta: Government Stopped Financing Infrastructure Development Program
The Romanian Government decided to terminate the National Infrastructure Development Program (PNDI) and stop financing works carried out through the program, Prime Minister Victor Ponta told...
Housing Agency To Build Homes For Rent With Private Capital
Private investors may finance the construction by Romania's National Housing Agency (ANL) of homes for rent, after the Government approved a program for housing using private capital.
EU-Funded Projects That Can't Be Finished By 2015 Will Lose Financing – Minister
Romania's European Affairs Minister, Leonard Orban, said Thursday that authorities will evaluate the implementation of every project receiving European funds, and financing will be withdrawn...
Government Allots RON650M To Local Authorities To Co-Finance Projects, Pay Arrears
The Romanian Government has allotted about 650 million lei (EUR148.5 million) to local authorities to finance ongoing projects and pay off debts, people close to the matter told MEDIAFAX Tue...
Six Counties To Buy Fire Engines, Ambulances Through RON20M Project
Six Romanian counties, organized in an intercommunity development association, have signed a 20 million lei (EUR4.57 million) financing contract with the Development Ministry for the purchas...