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Christina Verchere, OMV Petrom CEO: We Need Solid Guarantees to Start Black Sea Gas Drilling
Energy

Christina Verchere, OMV Petrom CEO: We Need Solid Guarantees to Start Black Sea Gas Drilling

The natural gas project in the Black Sea is extremely valuable, but solid guarantees, predictability and fiscal and legislative stability are needed for it, says Christina Verchere, CEO of OMV Petrom.

Loredana Frățilă-Cristescu · 05.06.2019 · 09:00 · 1 min
Bancpost, Eximbank Sign SME Funding Agreement With RON20M Guarantee Cap
Banks-Insurance

Bancpost, Eximbank Sign SME Funding Agreement With RON20M Guarantee Cap

Small and medium-sized companies with insufficient assets to cover guarantees may get loans from Bancpost, under a guarantee cap of RON20 million, following an agreement between the lender a...

Oana Gavrila · 04.07.2017 · 11:37 · 1 min
First Home Program Gets Additional Funding Of RON200M
Banks-Insurance

First Home Program Gets Additional Funding Of RON200M

The guarantee budget for the government-backed mortgage lending First Home program has been raised by an additional RON200 million, Government spokesperson Dan Suciu said Wednesday.

Ecaterina Craciun · 09.12.2015 · 17:55 · 1 min
Biomass And Biogas Power Plant Investors Want Revenue Guarantee
Energy

Biomass And Biogas Power Plant Investors Want Revenue Guarantee

Biomass or biogas-fired power plants, which use vegetal or animal waste to generate electricity might turn from Cinderella into the queen of the renewable energy ball, people in the industry...

Loredana Frățilă-Cristescu · 19.06.2014 · 00:00 · 4 min
Retail Investors Guaranteed Minimum Number Of Shares In Electrica IPO
Capital Market

Retail Investors Guaranteed Minimum Number Of Shares In Electrica IPO

Retail investors subscribing to the initial public offering in which the government intends to sell 51% in the Electrica group in early June will have a guaranteed minimum allotment of share...

Loredana Frățilă-Cristescu · 30.04.2014 · 00:00 · 2 min
Banks-Insurance

SMEs Fully Subscribe RON2 Billion State-Guarantee

Romanian small and medium-sized enterprises fully subscribed the state guarantee worth 2 billion lei (EUR441 million) granted within the program guaranteeing SME loans in the first week from...

Gabriela Stan · 24.01.2014 · 12:28 · 1 min
IMF Chief: Romania Must Become More Active In Guaranteeing Loans For SMEs
Banks-Insurance

IMF Chief: Romania Must Become More Active In Guaranteeing Loans For SMEs

The Romanian government should become more involved in guaranteeing loans for small and medium-sized enterprises and for firms in sectors where risk is not as low as banks would like, Intern...

Ioana Tudor · 16.07.2013 · 15:19 · 1 min
Romania Increases Guarantee Fund For First Home Program By EUR200M In 2012
Banks-Insurance

Romania Increases Guarantee Fund For First Home Program By EUR200M In 2012

Romania’s Government on Wednesday decided to increase by EUR200 million the guarantee ceiling for the state supported “First Home” program this year, and the money will be accessed only by t...

Ioana Tudor · 06.06.2012 · 15:04 · 1 min
Banks-Insurance

SMEs Facing Enforced Execution May Access Loans Guaranteed By State As Of July 1

Romanian small and medium companies facing enforced debt payment proceedings will have access, as of July 1, to loans with government guarantees and counter-guarantees, as long as their dest...

Radu Bostan · 27.04.2012 · 15:28 · 1 min