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STATE AID

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Six High-Tech Firms Including eMAG Apply For RON30M State Aid To Create 800 Jobs
Technology &Telecoms

Six High-Tech Firms Including eMAG Apply For RON30M State Aid To Create 800 Jobs

Six high-tech companies, among which eMAG, the largest online retailer in Romania (via a new company established for the purpose) and IT outsourcing provider Ness in Iasi, have applied to th...

Loredana Frățilă-Cristescu · 04.07.2017 · 10:08 · 1 min
Webhelp To Hire 450 People In Iasi And Oradea Centers
HR

Webhelp To Hire 450 People In Iasi And Oradea Centers

Webhelp Romania, the local subsidiary of the French call center-type services provider, in December got approval for 17 million lei (EUR3.8 million) state aid to create 457 jobs in two servi...

Loredana Frățilă-Cristescu · 10.02.2017 · 00:00 · 1 min
Moncler Gets State Aid For 780 Jobs
Companies

Moncler Gets State Aid For 780 Jobs

Industries Yield, the local subsidiary of Italy’s fashion group Moncler, will get 17.3 million lei (EUR3.8 million) state aid for the 780 new jobs in its Bacau plant, according to the Financ...

Loredana Frățilă-Cristescu · 27.01.2017 · 11:00 · 1 min
Companies

Bosch And Pirelli Get EUR50M State Aid

The Finance Ministry last December approved 225 million lei (EUR50 million) state aid for two companies in the local auto industry, Bosch and Pirelli, which will make almost RON1 billion inv...

Loredana Frățilă-Cristescu · 13.01.2017 · 00:00 · 1 min
Romania, First EU Member State To Be Lifted Ex-ante Conditionalities On State Aid
Social/Politics

Romania, First EU Member State To Be Lifted Ex-ante Conditionalities On State Aid

The European Commission (EC) has formally notified Romania as regards lifting the ex-ante conditionalities concerning the existence of a legislative framework for the actual enforcement of E...

Ecaterina Craciun · 18.10.2016 · 13:04 · 1 min
Companies

No Romanian Company Among Ten Highest State Aid Recipients Since 2007

Romania’s Finance Ministry has granted EUR819 million state aid through all the schemes under its management since 2007, which went to 93 companies. However, only 19 of the state aid recipie...

Loredana Frățilă-Cristescu · 10.10.2016 · 10:00 · 1 min
Companies

Deloitte Tehnologie Gets RON7.7M State Aid For Investments In Technology Center

Deloitte Tehnologie company will get state aid worth RON7.7 million for investments in a technology center that would create 650 new jobs, according to Romanian Finance Ministry data.

Gabriela Stan · 06.10.2016 · 14:17 · 1 min
Romania Finance Ministry Selects Six Companies For RON621M State Aid
Companies

Romania Finance Ministry Selects Six Companies For RON621M State Aid

Romania’s Finance Ministry has selected companies Pirelli, Arctic, Clariant Products, Robert Bosch, Safe Med International and Alu Menziken to receive state aid worth RON621 million.

Ecaterina Craciun · 29.08.2016 · 16:00 · 1 min
Teraplast Bistrita Eyes RON66M State Aid For New Production Unit
Companies

Teraplast Bistrita Eyes RON66M State Aid For New Production Unit

Romanian plastic systems maker Teraplast Bistrita (TRP.RO) plans to take RON66 million as state aid to build a new production unit within industrial park Teraplast located in the town of Bis...

Ecaterina Craciun · 23.08.2016 · 11:47 · 1 min