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Energy

Companies May Access RON240M For Energy Efficiency Projects

Romanian companies operating in the extractive and processing industries will be able to access structural and state budget funds amounting to 240 million lei (EUR53.7 million) for energy ef...

Ioana Tudor · 11.06.2012 · 12:25 · 1 min
Banks-Insurance

IFC To Finance Agriculture, Infrastructure Projects In Romania In Next FY

The International Finance Corporation (IFC), the private lending arm of the World Bank, plans to finance agriculture and infrastructure projects in Romania worth over $30 million each in the...

Florentina Dragu · 25.04.2012 · 16:46 · 1 min
Alpine Changes Focus From Private To Public Projects
Real Estate

Alpine Changes Focus From Private To Public Projects

Alpine Romania, the local subsidiary of Austrian construction group Alpine, which built one of the most expensive office projects in Romania, Petrom City, has in the past year changed its fo...

Andreea Neferu · 24.04.2012 · 00:00 · 2 min
Social/Politics

EU-Funded Projects That Can't Be Finished By 2015 Will Lose Financing – Minister

Romania's European Affairs Minister, Leonard Orban, said Thursday that authorities will evaluate the implementation of every project receiving European funds, and financing will be withdrawn...

Radu Bostan · 05.04.2012 · 17:03 · 1 min
FirstFarms Seeks Growth Through Mergers With Other Danish Agricultural Projects In Romaina And Slovakia
Social/Politics

FirstFarms Seeks Growth Through Mergers With Other Danish Agricultural Projects In Romaina And Slovakia

FirstFarms, a company held by Danish investors, which operates a 7,500- hectare farm near Buzau (SE Romania), wants to merge with other Danish companies operating in the field of agriculture...

Ecaterina Craciun · 02.04.2012 · 00:00 · 1 min
Banks-Insurance

EU To Fund EUR30.1M Projects Via Romania- Serbia IPA Cross-border Cooperation Program

The committee monitoring the Romania – Republic of Serbia Cross-border Cooperation program has approved 45 projects worth EUR30.1 million, which will be financed from European Union funds un...

Ecaterina Craciun · 28.03.2012 · 13:17 · 1 min
Social/Politics

Antifraud Department In 2011 Found Problems With EU-Funded Projects Worth EUR30M

Romania's Antifraud Department (DLAF) in 2011 found problems and cases of fraud in EU-funded projects worth almost EUR30 million, ten times more than the amount requested back from beneficia...

Radu Bostan · 26.03.2012 · 16:13 · 1 min
Romania Grants EUR15M To Moldova For Environmental Projects
Social/Politics

Romania Grants EUR15M To Moldova For Environmental Projects

Romania will grant financial aid of EUR15 million to the Republic of Moldova for projects targeting environment protection and climate changes, and the money will come from the EUR100 millio...

Ecaterina Craciun · 03.03.2012 · 18:03 · 1 min
Most Active Real Estate Investor Bet EUR250M On Romania During Crisis
Real Estate

Most Active Real Estate Investor Bet EUR250M On Romania During Crisis

The most active real estate investor in the last three years, South-African investment fund NEPI (New Europe Property Investments), bet EUR250 million on Romania at a time when many foreign...

Oana Gavrila · 30.01.2012 · 00:00 · 3 min