Finance - Business Review



IFC lends RON 70 mln to Agricover Credit to finance agribusiness sector

Finance May 25, 2017 16:16 0 comments

IFC, a member of the World Bank Group, is providing a RON 70 million loan to Agricover Credit IFN to increase access to finance for farmers in Romania and support the country’s agribusiness sector. Agricover…more »

Okan Yurtsever

IFC and Garanti Leasing support women entrepreneurs in Romania

Banking May 24, 2017 17:10 0 comments

IFC, member of the World Bank Group, has provided an EUR 5 million loan to Garanti Leasing, part of Garanti Romania, one of the most dynamic financial groups on the local market, for financing small…more »

romanian money

Finance Ministry sells bonds worth RON 75 mln through additional tender

Finance May 23, 2017 16:34 0 comments

The Finance Ministry sold bonds worth RON 75 million with a maturity in February 25 2019, through a supplementary tender organized this Monday. At the start of the week, the state had borrowed another RON…more »

Ionut Dumitru economic growth

Fiscal Council head: Romania’s strong economic growth is not reflected in the budget revenues

Finance May 23, 2017 14:15 0 comments

Romania might miss the budget deficit target of 3 percent due to the strong economic growth in the first quarter of the year that is not reflected in the budget revenues, said on Monday the…more »

icap romania

ICAP Group CEO: Only 4 pct of companies in Romania have a turnover above EUR 1 mln

Finance May 23, 2017 13:42 0 comments

Romania has 1.19 million entities, out of which 809,000 (68 percent) are commercial entities and 383,000 (32 percent) are authorized sole proprietorships, said Nikitas Konstantellos, CEO of ICAP Group, during the 8th Annual Credit Risk…more »


National Agency of Fiscal Administration (ANAF) fines fruit and vegetables merchandisers with RON 2.47 mln

Finance May 22, 2017 16:48 0 comments

The National Agency of Fiscal Administration (ANAF) fines the fruit and vegetables merchandisers with RON 2.47 million in 2 days as part of an operation for the verification and monitorization of commercial centers or other…more »

european funds

CNAIR head: Romania will have another 90 km of highways this year

Finance May 22, 2017 13:50 0 comments

Romania will have until the end the end of 2017 some 90 km of fresh highways, in addition to 45 km of  bypass roads, while for 250 km of roads there will be upgrade works,…more »

Romania’s economic growth

Romania champions EU economic growth in Q1

Finance May 16, 2017 15:25 0 comments

Romania registered the highest economic growth in the European Union in the first quarter of the year, with a GDP growth of 5.6 percent compared with the same period of 2016, according to flash estimates…more »

Connecting for Good 2017_Ravinder Takkar

Vodafone Romania Foundation to finance seven projects with EUR 600,000 within 2017 Connecting for Good program

Finance May 15, 2017 14:24 0 comments

Vodafone Romania Foundation announced the seven winning projects of 2017 Connecting for Good financing round, which will receive total funds of EUR 600,000. The projects that secured financing are "Connecting for Children with Autism" -…more »

aiib romania

MFP: Romania is ready to join the Asian Infrastructure Investment Bank

Banking May 15, 2017 14:08 0 comments

The Ministry of Finance (MFP) says that Romania has to pass legislation in order to assume its role as a member of the Asian Infrastructure Investment Bank (AIIB), which is led by China. The AIIB…more »