Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania has received over EUR 100 billion worth...

Romania has received over EUR 100 billion worth of transformative European funds

April 3, 2025

    Romania has received over EUR 100 billion of European funds since its accession, the Minister of European Investment and Projects Marcel Bolos wrote on Wednesday in a social media post."At a time when extremist voices are trying to minimise the benefits of our European Union membership, let us not forget that development is not a matter of naive pride, but of pragmatism. Romania did not grow from nothing, it did not transform overnight and, certainly, it did not develop by denying opportunities. Since accession, Romania has received over EUR 100 billion worth of European funds, gross value. It is the engine that has fundamentally changed the structure of our economy," the minister said.According to him, Romania is no longer an economic periphery, but a country that is rapidly catching up and has surpassed Poland, Hungary, Croatia and Greece in per capita GDP , an essential indicator of living standards."Figures speak volumes, as the value of the investments made is approximately equal to the value of the GDP at the time of accession. If we are unconscious, we blame the European bloc, but the fact that we are in the best moment of our country's development is something that is due to our membership in the European community and NATO."Bolos said that the European funds received by Romania are found in infrastructure, where almost 900 km of motorways and expressways were built in the last two decades."Over two million Romanians have been connected to the sewerage network. Over 100,000 companies have received development grants. Thousands of schools and hospitals have been renovated, equipped, or expanded. Stable jobs were created and new investments were attracted. These are all facts, not opinions. Investments have driven the economy, and the annual pace of private business investment tripled in 2024 as against the moment of accession, from about RON 100 billion to over RON 350 billion."He added that without European money, Romania would have been stuck in an endless cycle of underdevelopment, remaining dependent only on an insufficient national budget for strategic investment."Let's look at the neighbours who did not have access to these funds - and significantly lag behind. The reality is only one: the EU was and remains our partner in development. By belonging to the European bloc, Romania has chosen progress," Bolos concluded.

Read in full - click here
Communication agency Graffiti Plus signs funding contract for listing on Bucharest Stock Exchange's AeRO market

Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]

US Embassy in Romania funds restoration of wooden church in Maramureș

The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]

Bucharest Stock Exchange introduces Corporate Governance Committee to implement new code

The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...

Bucharest’s District 4 starts work on M4 subway line extension worth EUR 3.5 bln

Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations.  The extension will have 14 […]

Food Angels Hub: Investors’ network launches in support of HoReCa, food industry businesses in Romania

Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]

IULIUS obtains EUR 305 million syndicated loan to remodel Palas Iași complex

Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]