financing

Romania Unwilling to Access Conditional International Loans

14:31, 05 Mai 2020
Romania's finance ministry is looking at all financing options from international lenders – IMF, EBRD, World Bank – but will not access any loan with conditions attached, finance minister Florin Citu said Tuesday.

CTP Gets EUR75.8M Financing From EBRD And BCR For Two New Warehouses

14:27, 10 Iul. 2017
CTP Romania, one of the biggest developers of logistics and industrial space on the local market, will get EUR75.8 million financing from the European Bank for Reconstruction and Development (EBRD) and Banca Comerciala Romana (BCR) to expand logistics park CTPark Bucharest West by two new warehouses

Romanian Govt Pledges To Cut National Co-Financing Rate For EU-Funded Projects By 10 Pct

14:07, 11 Dec. 2011
The Romanian Government wants to temporarily reduce the national co-financing rate for EU-funded projects by 10 percentage points, based on a new EU regulation which increased the European contribution rate.

Romanian Transelectrica Has Tough Time Getting Funds – Director

12:30, 28 Oct. 2010
Romanian state-owned power grid operator Transelectrica (TEL.RO) is having a tough time securing financing, thus it can only cover a minimum level of investment, company official Dan Preotescu said Thursday.

Nabucco Consortium To Lobby EU For Additional Funding

12:22, 25 Oct. 2010
The Nabucco consortium will lobby the European Union for additional financing, aside from the EUR200 million already allotted by the EU, consortium spokesman Christian Dolezal told a news conference in Bucharest Monday.

Romanian Banks, SMEs Need Dialogue To Revive Lending

14:01, 18 Mai 2010
Lending in Romania won't resume as long as banks and the small and medium-sized enterprises keep treating risk as a hot potato, refusing to split it, according to Aurel Saramet, president of Romanian SMEs guarantee fund FNGCIMM.

EIB May Provide EUR60M For Bucharest Municipality Project To Build 60 Kindergartens

18:37, 16 Apr. 2010
The European Investment Bank (EIB) may provide financing of up to EUR60 million for a Bucharest Municipality project to build 60 kindergartens, according to an announcement of intention posted on the bank’s website.

Romania To Face Difficulties In Funding Energy Projects – Official

13:04, 30 Oct. 2009
Romania will have significant difficulties in financing its energy projects as companies can no longer rely on government support, which is seen as state aid by the European Commission, Economy Ministry state secretary Tudor Serban said Friday.

Romanian SMEs Can Apply For EU Funds For Prod Investments As Of May

16:43, 13 Apr. 2009
Romania’s Ministry for Small and Medium Sized Enterprises launched for debate the applicant’s guides for European Union funds targeting investments in production, based on a budget of EUR180 million, allowing small and medium firms to apply for funds as of May.

Canada’s Sterling Gets $5M Financing For Ops In Romania, North Sea

17:44, 24 Mart. 2009
Canadian international oil and gas company Sterling Resources inked a $5 million financing agreement with Canaccord Capital Corporation, for starting drilling programs in the North Sea and Romania.

Romanian Culture Min To Launch Seven Financing Programs In ’09

20:45, 12 Ian. 2009
The Romanian Ministry of Culture, Cults and National Patrimony will launch in 2009 seven cultural programs of non-reimbursable financing - Promocult, Dialog Intercultural, Creativitas, Latinitas, Proetnicultura, Rromi împreună pentru Europa and Glissando, according to the institution’s website.

Banks In Romania Either Revive Lending Or Shut Dn – Fincl Analyst

16:32, 13 Nov. 2008
Banks in Romania will have to revive their lending activity in the next period, otherwise they will be forced to sack part of personnel or even shut down, former banker Dragos Cabat, currently a financial adviser in Financial View company, said Thursday.

Romanian President Urges Local Communities To Strive For Financing

13:51, 02 Aug. 2008
The representatives of the local communities must strive to obtain funds and ensure incomes for both the local budget and the quality of education, Romanian president Traian Basescu said Saturday, in a meeting of the communal associations in Neptun, southeastern Romania.

Romanian Anticorruption Prosecutors Hear Former PM In Corruption File

12:15, 08 Iul. 2008
Romanian anticorruption prosecutors Tuesday heard former Prime Minister Adrian Nastase in the file in which he is probed in connection with the funding of his election campaign in 2004, when he ran for president.