BNR Exchange Rates
22.05.2012- 1 EUR
4.4452 RON - 1 USD 3.4817 RON
- 1 CHF 3.7012 RON
- 1 GBP
5.4947 RON - 1 gr. aur176.3513 RON
EBRD doubled investments in Romania in 2009Updated: 23-12-2009 | Economy
The EBRD invested in Romania EUR 720 M, the double of the investments made in 2008 and more than we invested in Romania in any other year, Claudia Pendred, director EBRD Office for Romania, declared yesterday in a statement for Agerpres. "2009 was a record year for EBRD's activity in Romania," Claudia Penmdred stressed, adding that EBRD has made efforts to sustain Romania during the world crisis, participating in the support package granted by IMF and EU. In this context, EBRD rose the value of the investments for 2009 and 2010 to one billion Euro.
"In 2009 alone we have already invested EUR 720 M in Romania, which is more than in any other year and the double of the investments made in 2009," Claudia Pendred declared, showing that the "total investment made by EBRD in Romania rises to EUR 4.4 bln at the end of 2009." In 2009, EBRD concluded over 20 contracts in Romania, and 85 per cent of the funding represented projects from the private sector.
Referring to the projects from the sectors of energy and infrastructure which received funds from EBRD in 2009, Claudia Pendred recalled the two loans granted to Petrom (EUR 200 M for a very modern energy station of 860 MW and EUR 150 M for investments in environmental protection and the increase of energy efficiency). Another EUR 80 M were granted to Turceni Energy Complex for modernization and bringing an energy unit on coal to the EU standards.
Latest News:
- COSMOTE Romania further reduces the roaming tariffs within the member states of the European Union with up to 186%, starting July 1st, 2012.
- Germanos introduces in its portfolio the Navon GPS brand, with the fastest navigation system, iGo8
- Millennium Bank increases uncollateralized cash loans maximum amount
- Customers Benefit from Satisfaction Guarantee with All Consumer Banking Products from Citibank
- Call for Entries for Deloitte Central Europe Technology Fast 50 2012
- Millennium Bank offers term deposits with monthly interest payment
- Deloitte European Salary Survey: Sweden, Belgium and the Netherlands, at the top of the pyramid of the tax systems
- Citibank Romania Announces New Partnerships Extending its ATM and Repayment Network by 500 Locations Countrywide
- NBR delivers a silver coin dedicated to Sergiu Celibidache – 100 years since his birth.
- MILLENNIUM BCP NAMED BEST BANK IN PORTUGAL FOR SECOND STRAIGHT YEAR BY EMEA FINANCE
- PwC Romania awarded by the Babes-Bolyai University
- COSMOTE Romania launches a new advertising campaign promoting its Business Portfolio
- On April, National Bank of Romania's foreign exchange reserves stood at EUR 34,336 million
- BCR achieves solid quarterly operating result despite economic slowdown
- The National Bank keeps unchanged the monetary rate
Most Popular News
- Three billion euros to be invested in energy private-public partnerships
- Romanian state plans to keep 8 pct of Petrom, at least
- IMF mission extends stay in Romania till May 9
- IMF, FinMin Vladescu discuss Government revenues collection
- Videanu admits that he is in conflict of interests in connection to Marmosim
- Greece gets 110 billion euros, biggest bailout in history
- BNR governor Mugur Isarescu: Situation is quite complicated
- Romanian-German meeting on fresh cooperation opportunities
- Gov't to earmark 6.4pc of GDP for investment
- FinMin Vladescu: Cutting 25pc off public wages pool will not generate needed savings
