STATE AID
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Vrancart Recycling Gets RON37M State Aid
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) has informed shareholders and investors in a stock market report on July 1 about a state aid, in the amount of RON37.4 million, attr...
Amber Studio Forgoes EUR2.8M State Aid To Create 120 Jobs In Botosani And Craiova
Amber Studio, a local video game developer with $45 million revenue in 2022, has decided to waive EUR2.7 million in state aid that came with an obligation to create 120 jobs in Botosani and...
European Commission Approves EUR95M Romanian Restructuring State Aid For TAROM
The European Commission has approved, under EU State aid rules, Romania's plans to grant its state-owned flag carrier TAROM restructuring aid of up to EUR95.3 million (RON473.69 million). Th...
European Commission Okays Reintroduction of Romania EUR2.5B State Aid Scheme
The European Commission has approved the reintroduction of Romania’s EUR2.5 billion state aid scheme meant to support enterprises in the context of Russia’s war against Ukraine.
Iproeb Bistrita Receives State Aid Of RON48M Tops
Iproeb Bistrita (IPRU.RO), one of the largest local manufacturers of electrical cables and conductors, has informed the local capital market through a report about the finance ministry's dec...
Iproeb Bistrita Seeks To Contract EUR5.4M Loans And Attract EUR20M State Aid
The shareholders of Romanian cable maker Iproeb Bistrita (IPRU.RO) have approved at their latest general meeting a decision allowing the company to contract bank loans in the amount of EUR5....
Window and Door Trim Maker Barrier Gets over EUR3M Non-Reimbursable Funding To Expand Bacau Production Capacity
Barrier, one of Romania’s largest PVC trim makers, has completed the investment meant to expand the production capacity of Bacau plant after getting an over EUR3 million non-reimbursable fun...
Antibiotice Iasi Gets RON85M State Aid For Production And Logistics Facility
Romania’s most important generic drug manufacturer Antibiotice Iasi (ATB.RO) has received from the Romanian government the approval for the funding of a project for manufacturing, packaging...
Prysmian Gets EUR7.5M State Aid for IT Center of Excellence in Slatina
Slatina-based electrical and fiber optic cable manufacturer Prysmian, part of the Italian Prysmian group, has received EUR7.53 million in state aid under the HG322/2017 scheme to finance a E...