Finance - Business Review

Finance

Government signs financing contracts of over RON 1 billion, backed by EU funds, for new jobs

Finance September 22, 2017 16:11 0 comments

The minister delegated for European funds, Rovana Plumb, signed financing contracts of RON 1 billion, that will be implemented in the current scheduled period, through the Operational Program of Human Capital (POCU) 2014-2020. The over…more »

Fribourg Digital makes EUR 80,000 seed investment in Baro.io start-up

Finance September 20, 2017 12:37 0 comments

Friboug Digital, part of investment fund Fribourg Capital, has announced its first investment in digital marketing start-up Baro.io. The fund has provided EUR 80,000 in seed capital for the start-up, specialized in the automation of…more »

Minister Misa: Romania will keep the budget deficit under 3 pct in 2017

Finance September 18, 2017 10:42 0 comments

Romania will keep the budget deficit under 3 percent, as planned through the Stability and Growth Pact, while the economic growth of 5.6 percent estimated for 2017 is based both on consumption and the increase…more »

British trade secretary Greg Hands arrives in Bucharest, to double financial aid for Romania

Finance September 15, 2017 16:15 0 comments

The British state secretary minister for trade Greg Hands has arrived in Bucharest and announces that the UK government will double the financial aid for Romania to increase the bilateral trade relations. The UK Export…more »

Romania’s economic growth

Romania’s economic growth estimate upgraded to 5.6 pct for 2017 by official commission

Finance September 15, 2017 16:06 0 comments

The National Commission of Forecast revises Romania's economic growth estimations upwards to 5.6 percent for 2017, from the previous forecast of 5.2 percent. According to the preliminary forecast of autumn, the GDP will be RON…more »

inflation

Romania’s inflation rate drops to 1.2 pct in August

Finance September 12, 2017 09:56 0 comments

Romania’s annual inflation stood at 1.2 percent in August, down 0.22 percentage points compared to the previous month, according to the National Institute of Statistics (INS). “The consumption prices in August 2017 rose by 1.2…more »

Major change. Romania’s second pension pillar could have optional contributions

Finance September 08, 2017 09:30 0 comments

PM Mihai Tudose said that the government will decide whether the contributions of Romanian employees in the second pension pillar could become optional, following an analysis that is being carried out at this moment. Under…more »

Romania’s sovereign fund to be launched in 2018, says economy minister

Finance September 07, 2017 12:49 0 comments

The minister of economy, Mihai Fifor, says that Romania’s first sovereign fund for development and investments (FSDI) will become active on January 1 2018 and it will be used to finance the developments of infrastructure…more »

Minister Plumb signs 19 financing contracts worth RON 18 mln for SMEs

Finance September 06, 2017 17:08 0 comments

The minister for European funds Rovana Plumb signed 19 financing contracts worth RON 18 million for SMEs, through the Regional Operational Program 2014-2020. The projects were selected for finance within the projects call no. POR…more »

Road connecting Iasi to Suceava to be repaired with EUR 73 mln in EU funding

Finance September 04, 2017 16:13 0 comments

The minister of the European Funds, Rovana Plumb, signed this Monday, at Iasi the finance contract for the repair of 170 km of roads in Suceava and Iasi counties, following an investment of EUR 73…more »