FUNDS
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Agriculture Ministry To Draw EUR2.9B EU Funds In 2014
Romanian Agriculture Minister Daniel Constantin stated Monday that the ministry will draw EU funds worth EUR2.9 billion in 2014, adding that agriculture flourished and has great potential in...
Romania Draws EUR830 Million In EU Structural, Cohesion Funds
Romania cashed Thursday over EUR830 million in European structural and cohesion funds, most of the sums going to the Sectoral Operational Program – Transport, the European Funds Ministry sai...
Private Pension Funds May Invest Up EUR500M In Public Offerings And Bonds
Private pension funds in Romania will have around EUR500 million in the next two years to invest in public offerings and corporate bonds, Raluca Tintoiu, general manager of ING Pensii, said...
EximBank Funds Alro's Operations With EUR50M
Romanian state-run lender EximBank said Monday it has signed financial agreements worth about EUR50 million with local company Alro Slatina (ALR.RO) to finance current operations and issue b...
Government-Backed “First Home” Program Gets RON2B In 2014
The Romanian Government alloted 2 billion lei (EUR444 million) for the “First Home” mortgage lending program this year, out of which RON740 million are funds unused in 2013, according to the...
Net Subscriptions Of Romanian Open-End Funds Hit Record High Of EUR175M In November
The net subscriptions of Romanian open-end investment funds hit a record high of 777.8 million lei (EUR174.9 million) in November, and local bond funds attracted 72% of the entire sum.
Romanian Open-End Fund Assets Up 3% To RON11.45B In October
The combined net assets of Romanian open-end investment funds climbed 3% on the month to 11.45 billion lei (EUR2.57 billion) in October, the local Association of Asset Managers, or AAF, said...
Which Companies Got The Most Money Last Year From Contracts Financed With Public Money
Contracting authorities last year awarded contracts worth a total of EUR15 billion through the electronic public procurement system (SEAP) - 103,911 contracts granted to a total of 9,268 com...
3TS Capital Attracts EUR100M For Investments In TMT Sector, Including Romania's
Private equity firm 3TS Capital Partners has so far attracted EUR103 million for its fourth fund, which targets investments of EUR2-10 million per company in the media and IT&C sector, inclu...