PROJECTS
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Borbely: Overdue EU-Funded Projects Might Lose Pre-Financing Staring September 1
Romania’s Environment Minister Laszlo Borbely said Wednesday European projects contracted by local authorities, which exceed a six-month implementation deadline, will lose two thirds of the...
Chinese Investors Vow To Bid For Romanian Projects
Chinese investors have assured the Romanian Government they will bid for major investment projects in Romania and will offer low prices for works and also inquired about state aid options.
Energobit: From A Fax And $50 To EUR100M
Over 20 years, Cluj-based EnergoBit built a group with turnover of over EUR100 million, which has ended up competing on an equal footing with all major international companies on the energy...
Romania To Fund EU Projects, Recover EU Money After Check-Ups - PM
Romania will finance EU projects from the state budget and the Government will send the bills to the European Commission to recover the EU funds only after double-checking all the documents,...
Government Halts Sending Reimbursement Bills To Brussels
President Traian Basescu has requested that the government stop sending the bills for the reimbursement of eligible expenses for European Union-funded projects to Brussels. This means that t...
Udrea: Mayors Must Start EU-Funded Project Within Six Months Or Will Lose Money
Romanian local authorities that fail to start projects financed through the Regional Operational Program within six months from signing contracts with the Regional Development Ministry will...
Vreme Signs 24 EU Financing Contracts For Internet Connection Projects
Romanian Communications Minister Valerian Vreme on Friday signed 24 contracts for financing from structural funds, worth a combined EUR400,000, for projects supporting access to the Internet...
EGI Romania To Provide EUR120M Financing For Realty Projects In 2011
Erste Group Immorent (EGI) Romania, unit of Austria’s group Erste, is negotiating total financing of EUR120 million for real estate projects this year, well above the EUR22 million financing...
Water Management Authority To Spend EUR40M On New Flood Hazard Maps
Romania's National Water Administration (ANAR) has accessed more than EUR40 million through 10 financing contracts for projects run on ten basins, as part of the "Plan for flood prevention,...