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EU Pumped EUR10B Into Romanian Agriculture In Seven Years, But To No Avail
Companies

EU Pumped EUR10B Into Romanian Agriculture In Seven Years, But To No Avail

Romania’s trade balance on agrifood products is still running a deficit despite the fact that the country’s agriculture sector was allotted funds of EUR10 billion from the European Union ove...

Ecaterina Craciun · 11.09.2013 · 07:38 · 2 min
Popa: APDRP To Grant EUR70,000 To Youths Starting Up Businesses In Rural Areas
Companies

Popa: APDRP To Grant EUR70,000 To Youths Starting Up Businesses In Rural Areas

Romania's Payment Agency for Rural Development and Fisheries, or APDRP, will grant EUR70,000 to youngsters willing to start up businesses in rural areas, Nicolae Popa, deputy general manager...

Ecaterina Craciun · 10.09.2013 · 11:50 · 1 min
Government Raises Funds For 2013 First Home Program By RON1B
Real Estate

Government Raises Funds For 2013 First Home Program By RON1B

Romania will increase funding for the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will be available for the acquisition of...

Ioana Tudor · 30.07.2013 · 21:15 · 1 min
Papalekas's Real Estate Fund Raises EUR53.6M On London Market For Romania Investments
Real Estate

Papalekas's Real Estate Fund Raises EUR53.6M On London Market For Romania Investments

Globalworth Real Estate Investments, owned by Greek businessman Ioannis Papalekas, one of the most active realty investors in Romania, raised EUR53.6 million by listing its ordinary shares o...

Ioana Tudor · 25.07.2013 · 13:35 · 1 min
Transport Ministry Seeks Advisers For EU-Funded Transport Program 2014-2020
Automotive

Transport Ministry Seeks Advisers For EU-Funded Transport Program 2014-2020

Romania’s Transport Ministry wants to contract technical assistance services to prepare the EU-funded operational program for Transport 2014-2020.

Ioana Tudor · 25.07.2013 · 12:05 · 1 min
Fenechiu: Romania Cashes EUR367M Via Transport Program After EC Resumed Payments
Automotive

Fenechiu: Romania Cashes EUR367M Via Transport Program After EC Resumed Payments

Romania’s Transport Minister Relu Fenechiu on Wednesday said the European Commission has approved refunds of EUR315 million to Romania through the EU-funded operational program for transport...

Ecaterina Craciun · 03.07.2013 · 18:02 · 1 min
Government Considers Raising Funds For First Home Mortgage Lending Program
Social/Politics

Government Considers Raising Funds For First Home Mortgage Lending Program

Romanian authorities are looking to increase funding for the state-guaranteed First Home mortgage lending program, as current financing is estimated to be depleted in September-October, and...

Oana Gavrila · 25.06.2013 · 14:14 · 1 min
Financing For 2013 First Home Program To Be Depleted In Three Months
Banks-Insurance

Financing For 2013 First Home Program To Be Depleted In Three Months

Financing through this year’s state-guaranteed First Home mortgage lending program has reached EUR490 million and 13,000 beneficiaries, and the remaining EUR300 million will be depleted in t...

Oana Gavrila · 18.06.2013 · 12:35 · 1 min
Romanian Open-End Fund Assets Rise To About RON10B In March
Capital Market

Romanian Open-End Fund Assets Rise To About RON10B In March

The combined net assets of Romanian open-end investment funds rose 4.5% to 9.745 billion lei (EUR2.207 billion) on the month in March, the Romanian Association of Asset Managers said Tuesday...

Ecaterina Craciun · 09.04.2013 · 15:53 · 1 min