STATE AID
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RON100M State Aid Approved For 3,300 Jobs
Romania’s Finance Ministry approved state aid for 23 companies in various sectors such as industry, call-centers, consultancy and IT, and the list of those that had their applications turned...
UPC, Deloitte And Bitdefender To Create More Than 1,100 Jobs In Technology And Services Centers
Cable TV company UPC, IT security software developer Bitdefender and consultant Deloitte plan to create more than 1,100 jobs in research, technology and services centers in Romania over the...
Schwab, PAC: IT&C State Aid Artificially Swelled Labor Market
The state aid schemes offered by Romania’s Finance Ministry since 2012, which enabled global IT&C industry giants to get tens of millions of euros to create several thousand jobs in Romania,...
European Commission To Probe Support For Chemical Plant Oltchim
The European Commission on Friday said it opened an in-depth probe to verify whether debt write-offs by the Romanian state and continued supplies by state-owned enterprises in favor of Roman...
Avioane Craiova Mulls State Aid For Restructuring
Romanian Economy Ministry, majority shareholder of aircraft maker Avioane Craiova (AVIO.RO), wants the company to get a state aid for restructuring, as its debts exceeded RON116 million at t...
EKR Elektrokontat Romania To Build Wiring Plant In Targu-Jiu
EKR Elektrokontakt Romania, part of Germany’s Nexans, will invest 80 million lei (EUR18 million) in building a wiring plant in Targu-Jiu, Gorj County (southern Romania). The investment will...
EC Opens Investigations Into Measures In Favor Of Cluj, Targu Mures Airports And Wizz Air
The European Commission has opened two investigations to examine if measures in favor of two publicly-owned airports in Romania, Cluj-Napoca International Airport and Targu Mures Transilvani...
Kärcher Gets RON37M State Aid For Building Vacuum Cleaner Factory In Romania
Germany's Karcher will receive a state aid of 37 million lei (nearly EUR8 million) for building a 22,000 sqm cleaning equipment factory in Curtea de Arges, in a EUR20 million investment, acc...
Government To Grant New Loan To CE Hundoara Under Certain Conditions
The Romanian Government will grant a new loan to energy holding CE Hunedoara, in the amount of RON167 million, as individual state aid for rescue, but attached certain conditions to the loan...