FUNDS
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Globalworth Gets EUR340M From Share Issue; To Use Funds For Real Estate Projects In Romania, Poland
Real estate developer Globalworth has completed the issue of ordinary shares worth EUR330 million launched on November 14 and the revenue obtained will be used for investment projects in Pol...
Romania Gets Over EUR201M To Complete Sighisoara-Coslariu Railway Section Upgrade
Over EUR201 million from the EU's cohesion fund will be invested in completing railway upgrade works between Sighisoara and Coslariu, central Romania, the European Commission said in a press...
Over 3,700 SMEs To Access Loans From EUR400M Funds Allotted To Local Banks By EIB And EIF
Some 3,700 small and medium-sized companies (SMEs) will be able to access loans for new investments and working capital from funds worth EUR400 million allocated to banks in Romania by the E...
Government Grants Non-Refundable Financing To SMEs For Internationalization
Romanian government on Wednesday approved an emergency ordinance regarding the program for the support of SMEs’ internationalization, financed from the state budget and dedicated to the indi...
TypingDNA Secures Seed Funding From Gecad Ventures, Angel Investors
Romanian company TypingDNA, a behavioral biometrics cyber security startup based on artificial intelligence, has closed a seed round from investment fund Gecad Ventures and a group of local...
First Home Program Funds For 2016 Assigned To Banks
The EUR1.69 billion funds for the government-guaranteed mortgage lending First Home program in 2016 have been entirely assigned to the banks registered in the program, Finance Ministry annou...
CFR SA Draws EUR700M Funds From EC For Infrastructure Upgrades
Romania's state-owned railway operator CFR SA signed four financing contracts totaling EUR689 million with the European Commission for the modernization of railway infrastructure, targeting...
Agriculture, Regional Development, EU Funds, Finance Ministries To Get Most Funds At Budget Revision
The ministries of Agriculture, Regional Development, EU Funds and Finance will receive the bulk of funds at this year’s second budget revision to be operated Friday, in government’s special...
Government Hikes Lending Threshold For EU Funds By RON1B
The Romanian Government increased the threshold for net lending to cover the payment requests within the European Union financed projects by 1 billion lei, to a total RON5 billion.