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STATE AID

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EC: Energy Contracts Between Hidroelectrica And Certain Customers Did Not Involve State Aid
Energy

EC: Energy Contracts Between Hidroelectrica And Certain Customers Did Not Involve State Aid

The European Commission has concluded, following an in-depth investigation, that electricity supply contracts signed by Romanian state-owned electricity generator Hidroelectrica with certain...

Ecaterina Craciun · 12.06.2015 · 15:58 · 1 min
Bosch Gets EUR16.6M State Aid For EUR33M Investment In Blaj
Companies

Bosch Gets EUR16.6M State Aid For EUR33M Investment In Blaj

Bosch Rexroth will receive EUR16,6 million state aid to invest EUR33 million in expanding its production of automotive sensor plant in Blaj, Alba county, that will create around 570 new jobs...

Oana Gavrila · 24.04.2015 · 12:12 · 1 min
Energy

CE Hunedoara To Get State Aid Worth RON100M From Privatization Fund

The Romanian government plans to give energy holding CE Hunedoara an individual state aid representing a six-month loan worth nearly RON100 million (EUR22.67 million) from the privatization...

Gabriela Stan · 14.04.2015 · 13:00 · 1 min
EC Orders Romania To Recover Incompatible State Aid Granted To Micula Brothers
Companies

EC Orders Romania To Recover Incompatible State Aid Granted To Micula Brothers

European Commission has decided that Romania has to recover compensations granted to brothers Ioan and Viorel Micula following the abolishment of an aid scheme targeting investments in disad...

Gabriela Stan · 30.03.2015 · 18:08 · 2 min
Chiritoiu: State Aid Is Biggest Stake In CE Hunedoara And CE Oltenia Restructuring
Energy

Chiritoiu: State Aid Is Biggest Stake In CE Hunedoara And CE Oltenia Restructuring

Restructuring announced at energy holdings Hunedoara and Oltenia, which operate the largest thermal power plants in the country, will probably be dramatic, and the biggest stake in the move...

Oana Gavrila · 19.03.2015 · 11:42 · 1 min
Government Assigns Over EUR30M This Year To Shut Down Unproductive Coal Mines
Energy

Government Assigns Over EUR30M This Year To Shut Down Unproductive Coal Mines

The Romanian government will assign state aid of RON143.4 million (EUR32.3 million) this year for the shutdown of noncompetitive coal mines.

Oana Gavrila · 18.02.2015 · 09:48 · 1 min
50 Companies Seek RON200M State Aid To Create 10,000 Jobs
Companies

50 Companies Seek RON200M State Aid To Create 10,000 Jobs

Private security company Alistar, Japanese-held automotive component manufacturer Yazaki and private medical service provider Pelican might create more than 6,000 jobs if their state aid app...

Loredana Frățilă-Cristescu · 30.12.2014 · 14:51 · 1 min
ArcelorMittal: Steel Industry Needs EU Funding And State Aid
Energy

ArcelorMittal: Steel Industry Needs EU Funding And State Aid

Romania's energy-intensive industry, such as the steel industry, requires European funding and state aid to avoid shutting down production units, ArcelorMittal Romania country manager Ionel...

Oana Gavrila · 11.12.2014 · 16:14 · 1 min
Companies

SMEs In Manufacturing Could Get EUR100,000 State Aid As Of 2015

Small and medium-sized manufacturing businesses could benefit from a state aid scheme wherein they could receive as much as EUR100,000, under a EUR250 million program the Ministry for SMEs s...

Oana Gavrila · 08.12.2014 · 19:17 · 1 min