The company puts the decision to forgo the state aid on the difficult economic context in the gaming industry and the impossibility of creating and sustaining jobs in the two cities, the document shows.
“As a result of the overall economic situation in the industry in which the company operates, but also the fact that it was not possible to sustain and create the number of eligible jobs for the investment project ‘Development of Amber Studio – S.A. operations in Botosani and Craiova’, the request for termination of the financing agreement No. 45/February 15, 2024 was voluntarily submitted,” the company said in the document.
According to decision 247 of December 2022 Amber Studio had received the approval of the Finance Ministry for an investment project of EUR4.63 million to create 120 jobs mainly in Botosani. The government was to provide EUR2.78 million in aid for the project.
At the end of 2023, Amber Studio reported to the Finance Ministry it had hired 73 people or 61% of its target and had eligible expenses of EUR0.39 million, without having received any payment from the government until then.
(English version by Loredana Fratila-Cristescu)