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.
The Environmental Guard issued RON 2.46 million (some EUR 483,000) in fines in 2025 as part of an intensified campaign to reduce air pollution in Bucharest and the surrounding Ilfov county, the institution announced. The measures followed repeated exceedances of legal particulate-matter limits and ongoing delays by local authorities in adopting mandatory air-quality strategies. According […]
The opposition filed a no-confidence motion on Friday, December 5, against prime minister Ilie Bolojan’s government, accusing it of failing to manage key sectors and calling for its immediate resignation, Agerpres reported. The motion, titled “Romania Is Not for Sale – No Progressives in Government,” was...
Bucharest City Hall announced on Thursday, December 4, that it has obtained nearly RON 2 billion (some EUR 400 million) in non-refundable EU funding for much-needed investments in transport infrastructure. The funds will be used to purchase 100 modern, non-polluting trolleys, 63 new trams, modernize approximately 50 km of tram lines, and modernize the Titan […]
Romania’s Chamber of Deputies adopted an emergency ordinance on Wednesday, December 3, regulating the right to drive motor vehicles on public roads for persons who hold a driving license issued by a state that is not a member of the European Union. The normative act creates the legal premises for granting the right to drive […]
Romania’s modern retail market has surpassed 5 million square metres of leasable space for the first time, following the delivery of roughly 190,000 sqm in 2025, according to new data released by Colliers. Despite the milestone, consultants noted that Romania still trails regional peers in retail space per capita, signalling strong potential for further development. […]
Environment minister Diana Buzoianu said during an interview on Thursday, December 4, that she will not resign following the interruption of the drinking water supply in several localities in Prahova and Dâmboviţa counties, which has been affecting over 100,000 people, as well as hospitals and schools. She argued that the ministry she heads bears no […]
