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Dacia Mulls Developing Duster Army Program
Automotive

Dacia Mulls Developing Duster Army Program

Romanian carmaker Dacia plans to develop Duster Army program, producing a model in line with the operating demands of the potential beneficiaries in the National Security System and the defe...

Gabriela Stan · 02.11.2015 · 18:19 · 1 min
Over 15,600 Guarantees Granted Under First Home Program In 1H 2015
Real Estate

Over 15,600 Guarantees Granted Under First Home Program In 1H 2015

Romania's national guarantee fund for SMEs (FNGCIMM) has granted over 15,600 guarantees under the government-backed mortgage lending First Home program in the first half of the year, up 40%...

Gabriela Stan · 17.07.2015 · 15:32 · 1 min
Firms Hiring Youths Aged Up To 24 To Get EUR200 And RON500/Month/Employee For 1 Year
Companies

Firms Hiring Youths Aged Up To 24 To Get EUR200 And RON500/Month/Employee For 1 Year

Companies in Romania that hire youths aged up to 24 will receive EUR200 and RON500 monthly for each employee, for a one-year period, provided they keep them employed for at least 18 months,...

Ecaterina Craciun · 08.04.2015 · 13:53 · 1 min
Romania Raises Foreign Debt Issuance Ceiling To EUR18B
Banks-Insurance

Romania Raises Foreign Debt Issuance Ceiling To EUR18B

Romania’s government increased the cap of foreign bond issuance from 15 billion euros to EUR18 billion to cover its gross financing needs for 2015 and 2016.

Bogdan Neagu · 18.03.2015 · 15:13 · 1 min
Banks-Insurance

Three Quarters Of SMEs Advised By EBRD Saw Turnover Increase Within One Year

The advisory services of the European Bank for Reconstruction and Development (EBRD) have supported more than 550 small and medium-sized enterprises (SMEs) in Romania so far, of which 3/4 in...

Gabriela Stan · 12.03.2015 · 13:54 · 1 min
KMG International Wants To Save $130M By 2018
Energy

KMG International Wants To Save $130M By 2018

KMG International, formerly Rompetrol Grup, targets to render its operations more efficient and lower expenses by approximately $130 million by 2018 , estimating to save $30 million this yea...

Oana Gavrila · 05.02.2015 · 15:58 · 1 min
Automotive

Clunkers Program To Continue In 2015 - Minister

Romania's clunkers program has proved very popular, with the most scrapped cars in Bucharest and counties Prahova and Arges, and will continue in 2015, Environment Minister Gratiela Gavriles...

Oana Gavrila · 21.01.2015 · 17:27 · 1 min
Companies

SMEs In Manufacturing Could Get EUR100,000 State Aid As Of 2015

Small and medium-sized manufacturing businesses could benefit from a state aid scheme wherein they could receive as much as EUR100,000, under a EUR250 million program the Ministry for SMEs s...

Oana Gavrila · 08.12.2014 · 19:17 · 1 min
Romanian Government Launches Car Loan Program In November
Social/Politics

Romanian Government Launches Car Loan Program In November

Romania's government wants to launch the "First Car" program in November, a state-guaranteed lending program for he purchase of new cars.

Oana Gavrila · 06.10.2014 · 18:29 · 1 min