EximBank and the Agency for Rural Investment Financing (AFIR) signed a collaboration accord to support – by financing eligible companies- the acceleration of the absorption of European funds allocated through the Rural Development National Program (PNDR) over 2021-2022. “We are offering an extensive range of products adapted to the specific and demands of PNDR program, so that eligible end users can access: grant pre - financing credits, credits for co-financing contributions to eligible and not eligible expenses or bank warranty letters to return down payment, “said Traian Halalai, executive president of EximBank, in a press release. In his turn, Mihai Moraru, the general director of AFIR, says this collaboration accord will concretely support PNDR beneficiaries to obtain advantageous credits. EximBank is a specialized institution which is actively involved in supporting and promoting the Romanian business environment. Its financial instruments are devoted exclusively to the corporate segment and can be accessed in advantageous conditions by any type of commercial company, either IMM or a large company, carried out international transactions, or addresses, or addresses the domestic market. AFIR is meant to technically implement the technical and financial PNDR 2020. Until the present, 67828 farms,processors, entrepreneurs and public authorities that concluded financing contracts with AFIR to receive European grants through PNDR 2020. The value of payments made by AFIR, until the present day, to beneficiaries of the program amounts to 7.65 billion euros, which represents a degree of effective absorption of allocated funds of 81.24%. For the transition period of 2021-2022, AFIR has at its disposal funds for agriculture and rural development of 3.28 billion euros.
Romanian tennis player and women’s former world no. 1 Simona Halep said that she decided to withdraw from the Australian Open due to knee and shoulder pain felt after playing in Abu Dhabi. She had received a wild card for the qualifiers of the Australian Open, the first Grand Slam tournament of 2025. “After discussing […]
Over 1.3 million visitors, including Bucharest residents and tourists from around the world, rediscovered the magic of Christmas at the Romanian capital’s main holiday event, held from November 29 to December 26 in Constituției Square. Organized by the City Hall of Bucharest through CREART – the Center for Creation, Art, and Tradition, the event was […]
Romania is set to close more than 30 border crossing points starting January 1, 2025, following its full accession to the Schengen Area, which entails the removal of internal border checks. The decision was announced in a government decision project published by the Ministry of Internal Affairs and quoted by Libertatea.ro. ...
Metrorex, the operator of the subway network in Bucharest, has proposed a fare increase starting January 1, 2025. Under the new plan, the cost of a single trip would rise from the current RON 3 to RON 5, while the monthly subscription would increase from RON 80 to RON 100, according to a draft order […]
More than 500,000 Romanians are celebrating their name day on Friday, December 27, coinciding with the feast of Saint Stephen, according to data from the Directorate for Personal Records quoted by News.ro. Among them, 364,444 men and 155,791 women...
On Monday, December 23, Romanian police brought Nica Robert Florin back to the country. The man convicted of possession of high-risk drugs, bodily harm, and driving under the influence of alcohol, is listed among Romania’s Most Wanted category and was also wanted internationally. Romanian authorities revealed at the beginning of October that they had indications […]
