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Investments

Euro-Zahnrad

How will Romania’s EUR 10 bln planned sovereign wealth fund actually work?

News February 17, 2017 10:26 0 comments

As the center-left government led by Sorin Grindeanu has initiated the legal procedures for the creation of Romania's first sovereign fund, the head the Social Democratic Party, Liviu Dragnea, suggested that the country might copy…more »

Romania Oil & Gas Summit

Black Sea Oil and Gas could start offshore gas production in Romania in 2019

News February 16, 2017 15:50 0 comments

Black Sea Oil & Gas (BSOG), owned by Carlyle International Energy Partners, could start the gas production from one of its concessions in the Black Sea in 2019, but this target depends on the approval…more »

fdi_image_rep

FDI to Romania climbs to 8-year high of EUR 4 bln in 2016

Country Investment Reviews February 13, 2017 14:43 0 comments

The amount of foreign direct investments in Romania reached close to EUR 4.1 billion in 2016, which was an increase of 18 percent year-on-year, according to data by the National Bank of Romania (BNR). Last…more »

Coalition for Romania's Development

BNR’s Isarescu: Multinationals have to follow Romanian legislation, tax rules

Country Investment Reviews February 09, 2017 17:23 0 comments

The governor of the National Bank of Romania (BNR), Mugur Isarescu, has talked about the taxation regime of multinational firms in the country. Isarescu claims that “foreign firms should follow the Romanian legislation, to respect…more »

food union

Food Union, present in Romania, gets EUR 214 mln investment from PAG and Meridian Capital

Featured February 08, 2017 10:51 0 comments

Food Union, a group with international operations in dairy production and ice cream that controls Alpin57Lux in Romania, got an investment of EUR 214 million from PAG, an investment fund from Asia, and Meridian Capital,…more »

racc

Romanian American Chamber of Commerce: We hope the government will reverse this unhelpful course

Country Investment Reviews February 03, 2017 10:10 0 comments

The Romanian American Chamber of Commerce (RACC), the association that promotes trade and investment between the United States and Romania, said in a statement that investors need an environment of predictability, transparency, and trust fostered…more »

bucharest subway

Romanian authorities to start land expropriations for Subway 6 to Otopeni

News February 01, 2017 11:37 0 comments

The Subway Line 6, section 1 Mai-Otopeni, is a priority for the current government and the land required for the development will be expropriated after the adoption of a Government decision, says the Transports Ministry.…more »

andrew prelea

Vast Resources secures USD 8 mln in fresh funding – to focus investments on Romaia

News January 31, 2017 16:16 0 comments

The British mining company Vast Resources has attracted USD 8 million in fresh funds, most of which will be directed to the mines it owns and manages in Romania. The company listed at the London…more »

corina-cretu2

Fresh EU funding of EUR 800 mln for Romanian infrastructure

Constructions January 27, 2017 12:42 0 comments

The European Commissioner for regional policy, Corina Cretu, approved the continuation of 10 projects of high importance in Romania, with European funds of approximately EUR 800 million. The investments comprise infrastructure works started in 2007…more »

Mandatory Credit: Photo by John Edward Linden / Arcaid / Rex Features ( 633612a )
EUROPEAN COURT OF HUMAN RIGHTS, STRASBOURG, 1989 - 1995. STRASBURG, FRANCE
ARCHITECTURE STOCK

ECHR: More Romanians complained about jail conditions in 2016

News January 27, 2017 07:30 0 comments

Complaints on detention conditions in Romania, Hungary and Turkey caused a surge in the volume of incoming cases to the European Court of Human Rights (ECHR) in 2016, the court's president Guido Raimondi announced today…more »