The ministry of finances, Adrian Caciu, signed on Friday the agreement for a loan through the Mechanism of Recovery and Resilience signed between the European Commission and Romania, worth approximately 15 billion euro, money to be used for the financing of the state budget deficit and for the refinancing of the governmental public debt on the basis of budgetary expenses made for the reforms included in the National Plan for Recovery and Resilience (PNRR). ‘The loan will be used for the financing of the state budget deficit and for the refinancing of the governmental public debt on the basis of the bugetary expenses made for the reforms included in the National Plan for recovery and resilence (PNRR). The sums will be available in ten installments, on the basis of implementation by the Romanian party of the targets included in the reforms and investments associated with the loan’ announces the ministry of finances on Saturday. At the same time, the European Commission will make available a part of 13% from the loan (almost 1.94 euro) after the coming into force of the agreement. ‘We made an important step so that Romania receives the first part of money through the Mechanism of Recovery and Resilience. It is about approximately 15 billion euro for the budgetary expenses necessary for the reforms and investments included in PNRR.Now, the ministry of finances is going to sign an agreement with the ministry of investments and European projects through which the rights and obligations of the parties to implement the provisions of the Agreement for the loan, including the monitorisation of reaching the targets and the drawing up the reports required by the European Commission’ Adrian Caciu, minister of finances said. The period of the availability of the loan is 31st December 2026. Every draw, including prefinancing will have maturity of 30 years since the date of availability, out of which a period of grace of ten years. Reimbursement will be made in equal installment during the period to maturity. Romania benefits through PNRR from approximately 29.18 billion euro, out of which 14,24 billion euro grant and the rest is a loan.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
