The Ministry of Finance has planned for October 2023 loans from commercial banks in the amount of 5.8 billion RON, to which the sum of 795 million RON can be added through additional sessions of non-competitive offers, related to bond tenders.The total amount, of 6.595 billion RON, is 260 million RON lower than the one that was scheduled in September, of 6.855 billion RON, and will be intended for refinancing the public debt and financing the state budget deficit.According to the prospectus published in the Official Gazette, on October 16, a tender will be organized for an issue of treasury certificates with a discount, in the amount of 500 million RON, with maturity on April 29, 2024.Also, during the month of October, nine issues of benchmark bonds will be launched, with a total value of 5.3 billion RON, followed the next day by an additional session of non-competitive bids, with a value of 15% of the value initial bond issue (795 million RON in total).Thus, tenders were scheduled for a bond issue of 400 million RON, on October 30, one of 500 million RON, on October 19, two issues of 700 million RON, on October 26 and for five issues of 600 million RON on October 2, 5, 9, 12 and 23.
Romania recently sent aid to the Gaza Strip through the maritime corridor from Cyprus and the new jetty constructed by the US in the northern part of the Palestinian enclave. The country is also set to receive and treat Palestinian children. Romania’s aid, which includes over 88,000 canned food items, is part of the effort […]
Bucharest mayor Nicușor Dan received donations amounting to EUR 400,000 in the pre-electoral campaign, out of which EUR 100,000 from the Save Romania Union (USR), he explained at a press conference where he evaluated his mandate. Dan is running as an independent for a second mandate, backed by the United Right Alliance (ADU), made up of the […]
Romania’s Financial Supervisory Authority (ASF) has withdrawn the operating license of FAST Brokers after the company's head was arrested. Last year, the brokerage company won a three-year bid with the Romanian Army. Additionally, FAST Brokers won, as the sole bidder, the life insurance policies for Navy soldiers, valid until October 27, 2025. To motivate its decision, […]
The airport serving Oradea, in northwest Romania, inaugurated a new terminal on Saturday, May 18. Covering an extended area of 12,500 sqm, it doubled the airport’s capacity to 800 passengers per hour. Under the same project, digitized systems were introduced to facilitate passenger and baggage processing, a smart building management system was implemented, and the […]
A ship navigating under the Tanzanian flag sank on Saturday morning, May 18, in the Black Sea, after colliding with another 26 nautical miles from the Romanian coast. Eight crew members were rescued, but three were reported missing. At the time this news was published, the searches were suspended. The representatives of the Constanţa Court […]
Bozankaya, the rolling stock manufacturer, delivered 18th May, the first tram in yellow colour to the municipality of Timisoara from the batch of 17 signed at the beginning of the year. The value of the project amounts to approximately 33 million euros, around 1.9 million euros per tram. All trams will be delivered to Timisoara […]
