The Executive will have the possibility to diversify the financing instruments made available by governments and governmental entities for projects of national strategic interest, including national defense and security, such as accessing funds, under advantageous financial conditions, through the Foreign Military Financing (FMF) mechanism offered by the US administration to the governments of other states."Under the FMF mechanism, funds of up to USD 4 billion are approved for direct loans, with the possibility of repayment in 12 years, after a one year grace period, at an advantageous interest rate (close to the US financing cost, to which a margin is added), as well as funds of up to USD 8 billion, attracted by taking out loans from the financial markets, guaranteed by the US government. In addition to the contracts for the acquisition of military technique/equipment of the Ministry of National Defense, other contracts carried out by state-owned companies that are part of the National Defense Strategy and that could be eligible for financing under this mechanism have been identified," the government informs in a press release on Wednesday.The piece of legislation approved by the government in Wednesday's meeting introduces new regulations to allow the online purchase of Treasury bonds, in the context in which the Ministry of Finance is preparing the implementation of new technical solutions that allow the purchase of Treasury bonds including online, which will allow a more comprehensive distribution of these securities, with new ways of subscription and payment at maturity, the release explains."The Ministry of Finance thus responds to requests to facilitate access to the purchase of Treasury bonds including to persons with Romanian citizenship in the diaspora and expands the investor base of individuals, contributing to the development of the domestic market of government bonds and supporting the financing process of the Romanian state on the domestic market through these instruments," the government also says.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
