Romania Finance – Online Subtitrat http://onlinesubtitrat.biz/ Fri, 04 Jun 2021 22:30:42 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://onlinesubtitrat.biz/wp-content/uploads/2021/05/cropped-icon-32x32.png Romania Finance – Online Subtitrat http://onlinesubtitrat.biz/ 32 32 TEMSA continues to expand its fleet of electric vehicles in Europe https://onlinesubtitrat.biz/temsa-continues-to-expand-its-fleet-of-electric-vehicles-in-europe/ https://onlinesubtitrat.biz/temsa-continues-to-expand-its-fleet-of-electric-vehicles-in-europe/#respond Fri, 04 Jun 2021 12:15:00 +0000 https://onlinesubtitrat.biz/temsa-continues-to-expand-its-fleet-of-electric-vehicles-in-europe/ After taking its first steps in the market thanks to the tender for electric vehicles won in Buzau, Romania in recent months, TEMSA also won the tender with its Anadolu Automobil Rom dealership held in Arad. ADANA, turkey, June 4, 2021 / PRNewswire / – TEMSA Continues to Strengthen Its Power in the European Market […]]]>


After taking its first steps in the market thanks to the tender for electric vehicles won in Buzau, Romania in recent months, TEMSA also won the tender with its Anadolu Automobil Rom dealership held in Arad.

ADANA, turkey, June 4, 2021 / PRNewswire / – TEMSA Continues to Strengthen Its Power in the European Market with New Tenders. Clearing of the bridge for the delivery of four Avenue Electron model electric buses to the city during the electric bus tender it won in Buzau, Romania, in recent months, Entered with its local dealer, Anadolu Automobil Rom, TEMSA once again outperforms its global competitors in the tender for electric buses held by the city of Arad, Romania. After signing an agreement for a total of 10 electric vehicles, i.e. five nine-meter MD9 electricity units and five 12-meter Avenue Electron units, TEMSA will deliver a total of 14 electric vehicles to the city, as well as the calls offers won in the last six months, in 2022.

TEMSA continues to expand its fleet of electric vehicles in Europe. (PRNewsfoto / TEMSA)

AN EXAMPLE FOR THE “SMART CITIES” VISION

Tolga Kaan Doğancıoğlu, CEO of TEMSE, underlined the fact that TEMSA is emerging as an important influencer regarding electric vehicles in the European market, and added: “We are rapidly continuing our efforts to strengthen our position in foreign markets, especially in Europe, with the know-how and competitive power of our partners on international markets, we embarked on this journey with the vision of contributing to the future of transport and the sustainability of our world. In this direction, Romania is a very valuable market for us. Our first access to the market was made with the call for tenders won in Buzau in recent months. We are strengthening our position in the region by increasing the number of vehicles through our new agreement. We believe that the fleet of 14 electric vehicles that we will deliver will constitute an example of the vision of “Smart Cities” with their economic, comfortable, safe and environmentally friendly structure as well as their aspect of monitoring modern city architecture.

MANUFACTURED ACCORDING TO EUROPEAN UNION STANDARDS

Customized in accordance with the transport strategy of the city of Arad which stands out for its historic texture, the TEMSA electric buses will be used in public transport in the region. The vehicles intended to make a significant contribution to the environmentally friendly transport of the local government present an accessible and safe transport solution with their equipment compatible with European Union regulations, high passenger capacity and information equipment passengers integrated into the transport system. With their programmable regeneration function, TEMSA electric buses also allow the vehicle to make the most of the battery capacity by generating electricity during the journey.

Photo – https://mma.prnewswire.com/media/1526247/TEMSA.jpg
Logo – https://mma.prnewswire.com/media/1318937/TEMSA_Logo.jpg

TEMSA logo (PRNewsfoto / TEMSA)

TEMSA logo (PRNewsfoto / TEMSA)

Cision

Cision

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Mihaela Stroia is the new CEO of UNIQA Asigurari de Viata https://onlinesubtitrat.biz/mihaela-stroia-is-the-new-ceo-of-uniqa-asigurari-de-viata/ https://onlinesubtitrat.biz/mihaela-stroia-is-the-new-ceo-of-uniqa-asigurari-de-viata/#respond Fri, 04 Jun 2021 12:09:56 +0000 https://onlinesubtitrat.biz/mihaela-stroia-is-the-new-ceo-of-uniqa-asigurari-de-viata/ With more than 20 years of experience in the financial services sector, including five within the UNIQA team, Mihaela Stroia joins the UNIQA Board, after a previous term between 2017 and 2019. Prior to UNIQA, Mihaela Stroia consolidated her professional experience in leading companies active in the fields of auditing and financial advice, as well […]]]>


With more than 20 years of experience in the financial services sector, including five within the UNIQA team, Mihaela Stroia joins the UNIQA Board, after a previous term between 2017 and 2019.

Prior to UNIQA, Mihaela Stroia consolidated her professional experience in leading companies active in the fields of auditing and financial advice, as well as insurance administration and private pension funds.

During her tenure at UNIQA as Chief Financial Officer, Mihaela Stroia coordinated and implemented major improvement projects in this area in order to create a framework of financial stability and soundness for the company, based on risk management principles and stability standards for a responsible business.

“We are going through a period where continuous adaptation is necessary, especially since life insurance is an important driver of healthy and sustainable growth for UNIQA in Romania. The company is in a new stage of evolution, highlighting the experience offered to customers, defined by simplicity, relevance, accessibility and trust. In this context, the activity in the life insurance segment is coordinated by Mihaela Stroia, a professional with vast experience, who has demonstrated, each time, a conduct situated to the highest ethical standards and integrity. His experience and contribution so far within UNIQA, in the financial field, but also at the level of the upper management structure, gives us all the confidence that we will continue to build on solid foundations the financial stability of the country. ‘company for a responsible company towards the team, the customers and our partners, as well as the community ”, said representatives of the Supervisory Board of UNIQA Asigurari de Viata.

“I occupy this position with full responsibility, in a new stage in the evolution of UNIQA, marked both by the transformations at the company level and by the challenges of the current context, in which people are increasingly more aware of the role and relevance of insurance. protection. Financial stability, the way we manage risk and the responsibility with which we operate will continue to measure our success in consolidating our position among the most relevant players in the insurance market. I am honored to be part of the UNIQA Board of Directors and I am confident that together with my colleagues, we will further increase the trust and appreciation that UNIQA enjoys among its customers and partners ”, said Mihaela Stroia, CEO – President of the UNIQA Council Asigurari de viata.

The following period brought a series of important changes, which supported the transformation and the development of the activity of the UNIQA Group at the international level, but also locally. The company is going through a new phase of evolution, with ambitious objectives to obtain 5-star ratings from customers in all the countries where the UNIQA Group is present. The new business model of the company harmonizes processes in international markets, which makes it possible to mobilize all professional skills to meet the needs of customers in a personalized way, depending on the segment to which they belong – Retail, Bancassurance, Corporate & Affinity , by offering them quality products and services. , at the level of the highest demands.



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Romania sells less than expected 572 million lei (116 million euros) of 2024 Treasury bonds, yields rise https://onlinesubtitrat.biz/romania-sells-less-than-expected-572-million-lei-116-million-euros-of-2024-treasury-bonds-yields-rise/ https://onlinesubtitrat.biz/romania-sells-less-than-expected-572-million-lei-116-million-euros-of-2024-treasury-bonds-yields-rise/#respond Thu, 03 Jun 2021 14:27:00 +0000 https://onlinesubtitrat.biz/romania-sells-less-than-expected-572-million-lei-116-million-euros-of-2024-treasury-bonds-yields-rise/ BUCHAREST (Romania), June 3 (SeeNews) – Romania on Thursday sold 571.8 million lei ($ 142 million / 116 million euros) of Treasury bonds due November 25, 2024, below l ‘initial goal, according to central bank data. The average accepted yield was 2.43% compared to 2.38% in the previous auction of government securities of the same […]]]>


BUCHAREST (Romania), June 3 (SeeNews) – Romania on Thursday sold 571.8 million lei ($ 142 million / 116 million euros) of Treasury bonds due November 25, 2024, below l ‘initial goal, according to central bank data.

The average accepted yield was 2.43% compared to 2.38% in the previous auction of government securities of the same issue held in May, the data said.

Demand for the T-notes, which carry an annual coupon of 3.70%, fell to 594 million lei from 699 million lei in the previous auction.

The matter will be reopened on Friday when the finance ministry hopes to raise 90 million lei in a non-competitive tender.

Details of the problem follow:

Auction date June 3 May 6
Amount offered (mln lei) 600.0 600.0
Amount sold (mln lei) 571.8 699.2
Total bids placed (mln lei) 593.8 779.2
Offer / coverage ratio 1.04 1.1
Yield (%) 2.43 2.38

The Romanian Ministry of Finance intends to sell 5.125 billion lei of government securities in June, including 525 million lei of non-competitive offers.

So far this year, the Ministry of Finance has sold bonds and government bonds for 25.3 billion lei and 1.48 billion euros ($ 1.76 billion) and exploited foreign markets for 3.5 billion euros in 12 and 20 year Eurobonds.

(1 euro = 4.9227 lei)



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Canada’s Finance Minister Says G7 Tech Tax Agreement ‘Within Reach’ https://onlinesubtitrat.biz/canadas-finance-minister-says-g7-tech-tax-agreement-within-reach/ https://onlinesubtitrat.biz/canadas-finance-minister-says-g7-tech-tax-agreement-within-reach/#respond Wed, 02 Jun 2021 19:04:54 +0000 https://onlinesubtitrat.biz/canadas-finance-minister-says-g7-tech-tax-agreement-within-reach/ OTTAWA (Reuters) – Canadian Finance Minister Chrystia Freeland said on Wednesday that a multilateral deal on taxing tech giants was “within reach” and that it should go hand in hand with an agreement on a world minimum corporate tax rate. Freeland will travel to London this week for a meeting of finance ministers from the […]]]>


OTTAWA (Reuters) – Canadian Finance Minister Chrystia Freeland said on Wednesday that a multilateral deal on taxing tech giants was “within reach” and that it should go hand in hand with an agreement on a world minimum corporate tax rate.

Freeland will travel to London this week for a meeting of finance ministers from the Group of Seven major industrialized countries (G7). They are expected to reach agreement on a minimum global corporate tax, according to a draft statement.

The United States proposed last month to set the minimum tax at 15%, down from 21% in April, but others have argued that its proposal does not go far enough on taxing tech giants like Amazon. .com Inc, Alphabet Inc’s Google and Facebook Inc.

“I am optimistic. We have had good conversations with our partners,” Freeland told reporters, when asked about the digital tax issue. “The new US administration (…) has taken a compromise approach and I think that really means a deal is within reach.”

Freeland said that if a multilateral agreement on the technology tax issue is not reached, Canada will move forward with its own digital services tax project, although she reiterated that both questions should be answered.

“For us, what we are looking for is an agreement on the two pillars one and two,” she said. “It’s important to us that they go together.”

(Reporting by Julie Gordon and David Ljunggren in Ottawa; Editing by Chris Reese and Peter Cooney)



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Polish trial begins in Huawei spy case in China https://onlinesubtitrat.biz/polish-trial-begins-in-huawei-spy-case-in-china/ https://onlinesubtitrat.biz/polish-trial-begins-in-huawei-spy-case-in-china/#respond Mon, 31 May 2021 23:03:47 +0000 https://onlinesubtitrat.biz/polish-trial-begins-in-huawei-spy-case-in-china/ Breadcrumb Links PMN technology PMN company Author of the article: Reuters Alicja Ptak and Justyna Pawlak Content of the article WARSAW – A spy trial involving a former Polish secret service agent and former Huawei employee begins Tuesday in a Warsaw court as some European states consider excluding the Chinese group’s equipment from their 5G […]]]>


Content of the article

WARSAW – A spy trial involving a former Polish secret service agent and former Huawei employee begins Tuesday in a Warsaw court as some European states consider excluding the Chinese group’s equipment from their 5G telecommunications networks.

Poland arrested the pair in January 2019 on suspicion of spying for China, in a move that has intensified international debate over the potential security risks associated with the use of Huawei equipment in communications networks.

Huawei has repeatedly denied that its equipment could be used for spy purposes by authorities in Beijing, but the United States has pressured countries to ban it. In Europe, only Great Britain and Sweden have done so so far.

Polish prosecutors allege that Wang Weijing, 39, under the pretext of being a Huawei executive, spent more than seven years spying for China trying to strengthen the company’s ability to influence the Polish government and ” allow it to… manage the state’s technological infrastructure, ”court documents show.

Wang, who has been in detention since his arrest, is also accused of recruiting a former Polish secret service agent who prosecutors say informed him of ways to influence the radio networks of the rescue and public security services. from the country.

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Polish defendant Piotr D. worked for years in the upper echelons of government and is accused of “offering himself as a source of information” on public administration.

Both men deny any wrongdoing.

Prosecutors say the cybersecurity specialist, who requested that his last name not be disclosed in accordance with confidentiality rules, informed Wang of a surveillance system to guard against intruders accessing classified information sent via fiber optic communication networks created by the Warsaw Military University.

Wang’s attorney, Bartlomiej Jankowski, said prosecutors had no evidence of espionage activity on the part of his client.

“There is no evidence of anything illegal,” he told Reuters.

Huawei, which fired Wang after his arrest but helped fund his legal fees, told Reuters in a statement last month that its operations “meet the highest standards of transparency and compliance with laws and regulations.” .

AMERICAN RELATIONS

The administration of then-US President Donald Trump had congratulated Poland on the arrests, with former Vice President Mike Pence saying in 2019 that they demonstrated Warsaw’s commitment to ensuring the telecommunications sector was “not compromised in a way that threatens our national security.”

At the time, Warsaw was seeking to convince the United States to increase its military presence in Poland, alarmed by greater assertiveness by Russia.

Prime Minister Mateusz Morawiecki’s government last year proposed a bill that could lead to Huawei’s de facto exclusion from building 5G networks, but the proposal has yet to be discussed by parliament.

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European mobile operators have long been reluctant to start investing in 5G networks, which could support smart factories and self-driving cars, due to a lack of political clarity on whether they should access US demands to exclude the main equipment supplier Huawei and other Chinese suppliers. .

Huawei said its exclusion from 5G would result in a loss of nearly 44 billion zlotys ($ 12 billion) to the Polish economy and a delay of a few years in the rollout of 5G.

He challenged Sweden’s ban on its equipment in 5G networks, where a verdict is awaited from a local court.

The Romanian government also approved a bill that effectively bans China and Huawei from participating in the development of its 5G network in April, but it still needs the approval of the upper house of parliament, seen as a buffer. made of rubber. (1 USD = 3.6646 zlotys)

(Additional reporting by Supantha Mukherjee in Stockholm and Joanna Plucinska in Warsaw; Editing by Alexander Smith)

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An in-depth report on The Logic’s innovation economy, presented in partnership with the Financial Post.

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Romania’s resilience plan: the EC will finance most of the proposed projects https://onlinesubtitrat.biz/romanias-resilience-plan-the-ec-will-finance-most-of-the-proposed-projects/ https://onlinesubtitrat.biz/romanias-resilience-plan-the-ec-will-finance-most-of-the-proposed-projects/#respond Mon, 31 May 2021 06:15:04 +0000 https://onlinesubtitrat.biz/romanias-resilience-plan-the-ec-will-finance-most-of-the-proposed-projects/ The national recovery and resilience plan (PNRR) will not be 100% as the government wanted, with the European Commission having had several objections, but most of the proposed projects will be funded, said the president of the National Liberal Party (PNL ). Ludovic Orban. The Romanian government will submit the PNRR on May 31, and […]]]>


The national recovery and resilience plan (PNRR) will not be 100% as the government wanted, with the European Commission having had several objections, but most of the proposed projects will be funded, said the president of the National Liberal Party (PNL ). Ludovic Orban.

The Romanian government will submit the PNRR on May 31, and only marginal amendments, at the request of the European Commission, can be applied thereafter.

“Of course, the national recovery and resilience plan will not be 100% as we wanted it to be. The European Commission, for example, has objected to irrigation, has objected to the business support mechanism and always has objections, in the end most of the projects and proposals that we have included in the PNRR will be funded, we will have European financial resources that we will use to develop Romania, ”Orban said at a press conference , Agerpres reported.

Regarding the support for the PNRR from all political parties, the leader of the PNL considers that the government does not necessarily have to obtain the agreement of the opposition Social Democrats (PSD), who had two consultation sessions during which they could present their proposals.

andrei@romania-insider.com

(Photo source: Gov.ro)



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Consequences of the cancellation of M3 – REI analysis: the government renounces investments of more than one billion euros https://onlinesubtitrat.biz/consequences-of-the-cancellation-of-m3-rei-analysis-the-government-renounces-investments-of-more-than-one-billion-euros/ https://onlinesubtitrat.biz/consequences-of-the-cancellation-of-m3-rei-analysis-the-government-renounces-investments-of-more-than-one-billion-euros/#respond Fri, 28 May 2021 14:25:51 +0000 https://onlinesubtitrat.biz/consequences-of-the-cancellation-of-m3-rei-analysis-the-government-renounces-investments-of-more-than-one-billion-euros/ Around 3,500 companies that are part of the “green list” for non-reimbursable financing, out of a total of 27,000, which have requested financial support under measure 3 supporting investments in Romania, a project announced by the Romanian government in 2020, and who having fulfilled all the conditions to receive state funds, would have created more […]]]>


Around 3,500 companies that are part of the “green list” for non-reimbursable financing, out of a total of 27,000, which have requested financial support under measure 3 supporting investments in Romania, a project announced by the Romanian government in 2020, and who having fulfilled all the conditions to receive state funds, would have created more than 10,000 new jobs and would have paid fees of 300 million euros only with their remuneration for a period of five years, when their investments would have exceeded 1 billion euros, the authorities are considering the complete cancellation of their financing, according to data from REI Finance Advisors, one of the most dynamic consulting companies, specializing in attractiveness non-refundable funds via the European axis and state aid.

“We are warning the responsible authorities to find effective and transparent solutions to overcome this impasse in which we find ourselves. If financial resources cannot be found in June, we propose that the signing of contracts be postponed to September 1 and that funds be allocated to the correction budget. To the more than 300 million euros in potential taxes paid by beneficiary companies to the state, we also add taxes on profits, buildings, the horizontal development of other companies – the effort of 500 million. euros from the government would have contributed to the development of Romanian small businesses. and medium-sized businesses and increasing GDP. In addition, the investments generated by the companies would have exceeded 1 billion euros, taking into account the co-financing by the beneficiaries, and the creation of 10,000 new jobs. Another consequence of the M3 cancellation is that, on the one hand, more than 27,000 companies that have set up will lose confidence in the future to access government funding sources, despite the constant efforts that we and our team devote. for more than a year. 10 years, but also, on the other hand, consulting companies working on publicly funded projects will lose confidence, because there is no predictability and firm assumption, ”said Roxana mircea, partner of REI Finance Advisors.

Under measure 3 – Investment grants, with more than 27,736 applications, companies should have received grants ranging from 50,000 to 200,000 euros for development projects, but an alleged fraud brought before the Romanian Ministry of Economy, Entrepreneurship and Tourism, but not yet proven, as well as the lack of funds necessary to pay the HoReCa system – Measure 2, project funding has been blocked , even if they met, for some 3,500 companies, the eligibility criteria in their entirety.

“More than 450 companies have applied for Measure 3 through our team of specialist consultants, strictly following all the steps outlined in the Applicant Guide. We understand the situation and we respect the decisions of the ministry, but more than 10% of the projects submitted through us are in the “ green zone ” and companies that have implemented with the support of the REI have the right to receive the necessary funding, according to official communications, ”added Roxana Mircea, partner REI Finance Advisors.

Over 40 million euros paid and lost by companies for planning and consulting

More than 27,000 companies that applied for financial support through measure 3 to support investments in Romania reportedly paid more than 40 million euros for the consulting and planning services received, money they would lose if the measure 3 was canceled, also indicates REI Finance Advisors.

According to REI, between 500 and even 4000 euros were paid by companies for consulting and planning services, as well as for the drafting of the general balance sheet, money that could not be recovered in the current context, the Ministry of the Economy, Entrepreneurship and Tourism having published an information note on the cancellation of measure 3[1] and the transfer of funds to measure 2.

“Of the 450 projects that have applied with us for measure 3, more than 10% are in the green zone, according to updates from the ministry. For these companies we have prepared the offers, according to the government’s specifications, we have prepared the budget, the financial forecasts, submitted the projects to the ministry’s platform, we have allocated a significant corporate resource to speed up the procedures in order to save time for a more efficient resubmission, but companies will no longer pay their consultancy costs for the implementation, an amount estimated at around half a million euros, if measure 3 has to be canceled, which will create a considerable cash flow deficit. We believe that it is only next year that the Ministry of Investments and European Projects will launch funding axes for the 2021-2027 program period. The situation is all the more serious as there is no certainty of allocation of funds to companies that have demonstrated their eligibility in the new form proposed by the government.“, Added Roxana Mircea.

The government proposes to relaunch measure 3 with funds from REACT-EU

One of the proposals put forward by the government would be to relaunch measure 3 with amounts from other sources of European funding, namely from REACT-EU, but this program will only be available next year and beneficiaries cannot not wait 2-3 years for the purchase of the equipment necessary for their development.

The government announced that beneficiaries who submit funding requests to access Measure 3 funds will not be limited by eligibility criteria to resubmit their grant application, but those who relate to the acquisition of buildings, of accommodation premises, approximately more than 1000 projects will no longer be eligible. The draft amendment to GEO 130 is however in the midst of public debate.

Government emergency ordinance no. 130/2020 has been the subject of successive modifications, taking into account the positive impact of the measures set out therein and requests for support from potential beneficiaries.

Thus, for measure 1, approximately 29,250 requests were recorded. After their assessment and the contracting process, the savings are around 50 million euros.

Under Measure 2, a number of 22,226 claims were submitted, worth 5,246,397,727 lei. In view of the budget exhaustion, only 3,945 financing contracts could be signed.

Under measure 3, around 27,736 applications were submitted and only around 4,000 companies would have been eligible for funding, out of the € 500 million allocated to M3. The more than 7 times higher demand for the allocated budget shows the urgent need to finance Romanian small and medium-sized businesses, all the more so in the context of the pandemic, which has affected local businesses even more.

[1] https://mfe.gov.ro/modificare-oug-130-forma-revizuita/



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Romania borrows € 480 million from EIB to build two hospitals https://onlinesubtitrat.biz/romania-borrows-e-480-million-from-eib-to-build-two-hospitals/ https://onlinesubtitrat.biz/romania-borrows-e-480-million-from-eib-to-build-two-hospitals/#respond Fri, 28 May 2021 12:51:00 +0000 https://onlinesubtitrat.biz/romania-borrows-e-480-million-from-eib-to-build-two-hospitals/ BUCHAREST (Romania), May 28 (SeeNews) – The Romanian Finance Ministry announced on Friday that it had received government approval to sign two loan agreements totaling 480 million euros ($ 585 million) with the European Investment Bank (EIB) to co-finance the construction of two regional hospitals – in Craiova and Cluj. The total net cost of […]]]>


BUCHAREST (Romania), May 28 (SeeNews) – The Romanian Finance Ministry announced on Friday that it had received government approval to sign two loan agreements totaling 480 million euros ($ 585 million) with the European Investment Bank (EIB) to co-finance the construction of two regional hospitals – in Craiova and Cluj.

The total net cost of the two projects is 961 million euros, the finance ministry said in a statement.

Co-financing of the projects will come from the state budget and non-reimbursable funds, while the implementation will be handled by the Ministry of Health.

The Ministry of Finance plans to sign the loan agreements with the EIB by the end of the year.

In April, the EIB announced that it had agreed to lend Romania 250 million euros for the construction of a regional emergency hospital in the city of Iasi.

The construction of three of the eight new regional hospitals planned, namely in Iasi, Cluj-Napoca and Craiova, has already been launched by the Ministry of Health and will be financed by non-reimbursable European funds. The estimated total cost of these investments is around 1.5 billion euros, the finance ministry said.

In mid-2019, the EIB signed additional Project Advisory Services Agreements (PASSA) worth € 20 million with the Romanian authorities for technical assistance for the construction of the three regional hospitals emergency.

($ = 0.8208 euro)



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Rumanian mafia boss kicked out of Cancun https://onlinesubtitrat.biz/rumanian-mafia-boss-kicked-out-of-cancun/ https://onlinesubtitrat.biz/rumanian-mafia-boss-kicked-out-of-cancun/#respond Fri, 28 May 2021 12:29:58 +0000 https://onlinesubtitrat.biz/rumanian-mafia-boss-kicked-out-of-cancun/ Cancun, QR – On Thursday, the FGE announced the detention of Florian Tudor, the alleged Romanian mafia boss. The Fiscalía General de la República (FGR) said Tudor had been taken into police custody and deported under a pending arrest warrant in Romania. The 43-year-old, who resided in Cancun, is believed to be from the town […]]]>


Cancun, QR – On Thursday, the FGE announced the detention of Florian Tudor, the alleged Romanian mafia boss. The Fiscalía General de la República (FGR) said Tudor had been taken into police custody and deported under a pending arrest warrant in Romania.

The 43-year-old, who resided in Cancun, is believed to be from the town of Craiova and, according to Romanian authorities, is the leader of the Riviera Maya gang. Tudor has been in the news in recent years for its alleged involvement in the ATM banking systems of Cancun and the Riviera Maya, among other illicit activities.

In the press release, the Office of the Attorney General of the Republic announced that its elements “have completed a provisional arrest warrant for extradition purposes issued by a controlling judge against Florian T. More information soon.”

Later in a full statement, the FGE said: “Florian T was arrested today by staff of the Prosecutor’s Office, pursuant to a request for detention for extradition purposes, made by the Romanian government, for organized crime crimes, extortion and aggravated attempted homicide, all of which was processed and obtained by the Office of the Public Prosecutor of the Republic, before a supervising judge of the North prison. “

They added that during the arrest, an agent of the Federal Public Prosecutor’s Office was physically assaulted by Florian T.

In February of this year, the Financial Intelligence Unit of the Ministry of Finance reported the discovery and freezing of 79 bank accounts suspected of being linked to card cloning in the Cancun, Riviera Maya area.

The unit said the 79 individual and corporate accounts were likely part of a Romanian mafia group known to clone cards through ATMs, adding that the group has been particularly active in the Cancun, Riviera Maya area for many years. years.



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Raiffeisen lists in BVB the first green bonds issued by a Romanian bank https://onlinesubtitrat.biz/raiffeisen-lists-in-bvb-the-first-green-bonds-issued-by-a-romanian-bank/ https://onlinesubtitrat.biz/raiffeisen-lists-in-bvb-the-first-green-bonds-issued-by-a-romanian-bank/#respond Fri, 28 May 2021 05:37:52 +0000 https://onlinesubtitrat.biz/raiffeisen-lists-in-bvb-the-first-green-bonds-issued-by-a-romanian-bank/ Raiffeisen Bank Green Bonds, a first for the Romanian banking sector, began trading on May 27 on the Bucharest Stock Exchange (BVB). Raiffeisen Bank attracted in April 2021, at the time of the bond issue, more than 400 million RON (80 million euros). The funds obtained will be channeled to finance the eligible projects of […]]]>


Raiffeisen Bank Green Bonds, a first for the Romanian banking sector, began trading on May 27 on the Bucharest Stock Exchange (BVB).

Raiffeisen Bank attracted in April 2021, at the time of the bond issue, more than 400 million RON (80 million euros). The funds obtained will be channeled to finance the eligible projects of Raiffeisen Bank in order to ensure the transition to a sustainable and solid economy.

“Raiffeisen Bank has paved the way for other companies in the Romanian market to follow its example. Our team has the know-how and is ready to support all these projects and future green bonds issued by other companies. proud of what we and I would like to congratulate the whole team that contributed to the bond issue and its listing. This is an important moment for us and for the Bucharest Stock Exchange ”, said Steven van Groningen, CEO from Raiffeisen Bank.

The bonds have a maturity of 5 years, a fixed coupon of 3.086%, around 0.5 pp. On the yield of government securities of the same maturity and issued in the same currency, the RON.

With a demand of almost RON 650 million, the bond issue was almost 1.6 times oversubscribed.

andrei@romania-insider.com

(Photo source: Shutterstock)



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