The ministry of finances (MF) has planned, in June 2024 loans from banks worth 6.2 billion lei, plus the sum of 750 million lei through supplementary sessions of non-competitive offers, related to bond actions.The total sum of 6.95 billion lei is 1.06 billion lei higher than the one programmed in May 2024, of 5.89 billion lei and it will be destined to the refinancing of the public debt and financing of the state budget deficit.According to the prospectus published in the Official Gazette, an auction will be held on 6 June for an issue of discounted treasury certificates in the amount of 600 million lei, maturing on 31 March 2025, and on 13 June an auction will be held for a similar issue of 600 million lei, maturing on 28 May 2025.According to the prospectus published by the Official Gazette, on 6th June is organized an auction will be held on 6 June for an issue of discounted treasury certificates in the amount of 600 million lei, maturing on 31 March 2025, and on 13 June an auction will be held for a similar issue of 600 million lei, maturing on 28 May 2025.Similarly, during the month of June 2024, eleven issues of bonds benchmark type worth 5 billion lei, followed the next day by a supplementary session of non-competitive offers, worth 15% of the initial value of the bond issue (750 million lei as a total).Thus, auctions were programmed for a bond issue of 200 million lei, on 10 June, a session of 300 million lei, on 17 June and nine sessions of 500 million lei on 3 June (two), 6 June, 10 June, 13 June, 17 June, 20 June and 27 June (two).
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
