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STATE AID

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Energy Holding CE Oltenia To Get RON453.5M State Aid To Fund Purchase of CO₂ Certificates
Energy

Energy Holding CE Oltenia To Get RON453.5M State Aid To Fund Purchase of CO₂ Certificates

Romanian state-run energy holding Complexul Energetic Oltenia will receive state aid worth RON453.5 million (EUR90.7 million) for 2023, from the state budget, in order to fund the purchase o...

Ecaterina Craciun · 06.02.2023 · 17:46 · 1 min
Farmec Cluj Wants to Double Production Capacity, Looks at State Aid for Funding
Companies

Farmec Cluj Wants to Double Production Capacity, Looks at State Aid for Funding

Farmec, Romania’s biggest cosmetics producer, is planning investments meant to double its production capacity and sales, but for this project is looking at state aid for funding.

Miruna Diaconu · 19.01.2023 · 09:37 · 1 min
Macroeconomics

Romania Finance Ministry Approves RON2.8B State Aid In 2022 For 65 Investment Projects

In 2022, Romania’s finance ministry has approved financial state aid worth RON2.8 billion for 65 investment projects that will generate more than 9,500 new jobs, the ministry announced on Fr...

Ecaterina Craciun · 30.12.2022 · 15:16 · 1 min
Romania Approves EUR1.5B State Aid For Energy-Intensive Companies
Energy

Romania Approves EUR1.5B State Aid For Energy-Intensive Companies

The Romanian Government on Wednesday (October 12) adopted, at the proposal of the Ministry of Energy, an emergency ordinance on establishing a state aid scheme of EUR1.5 billion, for the per...

Ecaterina Craciun · 12.10.2022 · 19:21 · 1 min
ATP Group Asks for State Aid for Truck Output Expansion; Plans to Invest Elsewhere if Aid not Granted
Companies

ATP Group Asks for State Aid for Truck Output Expansion; Plans to Invest Elsewhere if Aid not Granted

Mircea Cirt, founder of ATP group made up of several companies, says he asked for state aid for an investment project entailing boosting truck production and assembly capacity 20-30 times. S...

Miruna Diaconu · 25.08.2022 · 09:59 · 1 min
Germany’s Knauf Insulation Plans RON648M Investment in Romania
Companies

Germany’s Knauf Insulation Plans RON648M Investment in Romania

Insulation materials manufacturer Knauf Insulation, part of Germany’s Knauf Group, has applied for RON90 million state aid, which would be part of a RON648 million investment, the results of...

Loredana Frățilă-Cristescu · 12.08.2022 · 10:40 · 1 min
Four of Top Ten Automotive Companies in Romania Plan RON1.7B Investments
Automotive

Four of Top Ten Automotive Companies in Romania Plan RON1.7B Investments

Star Assembly, Pirelli Tyers Romania, Continental Automotive Systems and Dacia Automobile, four of the ten largest players in the automotive sector in the country, are planning investments o...

Loredana Frățilă-Cristescu · 11.08.2022 · 21:06 · 1 min
Carmistin Group’s Interpork Plus Set to Make RON500M Investment
Companies

Carmistin Group’s Interpork Plus Set to Make RON500M Investment

The Carmistin group owners, the Paraschiv family, are investing RON513.5 million, of which RON222.4 million is state aid, publicly available data show.

Loredana Frățilă-Cristescu · 09.08.2022 · 22:09 · 1 min
Daimler Group Seeks State Aid for RON675M Investment in Romania
Automotive

Daimler Group Seeks State Aid for RON675M Investment in Romania

Germany’s Daimler Group, which owns the Star Assembly company in Sebes and is the third largest exporter in Romania, is seeking RON185 million state aid for a total investment of RO675 milli...

Loredana Frățilă-Cristescu · 09.08.2022 · 18:08 · 1 min