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EXCLUSIVE: Romania To Spend Over RON63B On 115 Investment Projects In Upcoming Years
Social/Politics

EXCLUSIVE: Romania To Spend Over RON63B On 115 Investment Projects In Upcoming Years

The Romanian Government has drawn up a list of 115 public investment projects which are a priority for the 2015 state budget and entail total funds of over RON63 billion in upcoming years.

Ecaterina Craciun · 27.11.2014 · 15:30 · 1 min
Guarantee Fund May Grant Guarantees Financed From EU Funds
Banks-Insurance

Guarantee Fund May Grant Guarantees Financed From EU Funds

Romania's national guarantee fund for small and medium-sized businesses (FNGCIMM) may guarantee projects with EU financing for the 2014-2020 period.

Ecaterina Craciun · 26.11.2014 · 17:56 · 1 min
EC Allows Romania To Keep Gas Prices For Heat Suppliers Unchanged - Minister
Energy

EC Allows Romania To Keep Gas Prices For Heat Suppliers Unchanged - Minister

The Romanian government has the written consent of the European Commission regarding gas prices for thermal power plants that supply heat to household consumers and will adopt an emergency d...

Oana Gavrila · 26.11.2014 · 13:09 · 1 min
Romania No Longer Sells Majority Stake In Defense Companies
Social/Politics

Romania No Longer Sells Majority Stake In Defense Companies

The Romanian government will no longer sell its majority stakes in companies operating in the defense industry, keeping minimum 50% at their privatization, and will focus on strategic invest...

Gabriela Stan · 21.11.2014 · 13:10 · 1 min
Ministers, Central Bank Officials Meet Soon To Discuss Romania’s Future Development Bank
Banks-Insurance

Ministers, Central Bank Officials Meet Soon To Discuss Romania’s Future Development Bank

Romania’s Finance Minister Ioana Petrescu, the minister for small and medium-sized enterprises (SMEs), Florin Jianu, EU Fund Minister Eugen Teodorovici and central bank representatives will...

Ecaterina Craciun · 20.11.2014 · 13:15 · 1 min
Government Approves Norms For Subsidized Car Loan Program
Automotive

Government Approves Norms For Subsidized Car Loan Program

Romania's government on Tuesday approved the regulations for the car loan program "First Car", allowing buyers to get state-guaranteed loans.

Oana Gavrila · 18.11.2014 · 14:58 · 1 min
Government Extends Aid To Energy Holding CE Hunedoara Two More Years
Energy

Government Extends Aid To Energy Holding CE Hunedoara Two More Years

The government will extend by two and a half years, until the end of 2017, the period during which it will help thermal power plant Mintia, owned by state energy holding CE Hunedoara, sell e...

Oana Gavrila · 28.10.2014 · 16:55 · 1 min
Government Approves CE Hunedoara - CNH Debt Takeover
Energy

Government Approves CE Hunedoara - CNH Debt Takeover

The Romanian government approved Tuesday an emergency decree whereby energy holding CE Hunedoara will take over the debt the coal mining company CNH owes the tax authority ANAF.

Oana Gavrila · 21.10.2014 · 16:07 · 1 min
EC Approves Romania's Support Scheme For Large Electricity Consumers, Minister Says
Energy

EC Approves Romania's Support Scheme For Large Electricity Consumers, Minister Says

Romania’s Economy Minister Constantin Nita said the European Commission on Wednesday approved the state aid scheme aimed at supporting large energy consumers.

Ecaterina Craciun · 15.10.2014 · 14:20 · 1 min