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STATE AID

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Companies

European Commission Ends Investigation into Romania’s Aid to Oltchim

The European Commission closed the investigation started in 2018 with relation to the Romania’s EUR335 million aid to Oltchim, as the petrochemical company was declared insolvent in 2019 and...

Roxana Dumitru Rosu - Mediafax · 01.07.2022 · 10:40 · 1 min
TeraPlast Group Gets OK For State Aid To Develop EUR11.2M Stretch Film Factory
Companies

TeraPlast Group Gets OK For State Aid To Develop EUR11.2M Stretch Film Factory

TeraPlast Group has received the financing agreement through the state aid scheme for an investment of EUR11.2 million in a stretch film production facility.

Ecaterina Craciun · 19.05.2022 · 12:49 · 1 min
European Commission Approves EUR1.9M Romanian State Aid for Tarom
Companies

European Commission Approves EUR1.9M Romanian State Aid for Tarom

The European Commission has approved a EUR1.9 million Romanian aid measure to compensate Tarom for the damage suffered on 14 routes due to the coronavirus pandemic and travel restrictions be...

Loredana Frățilă-Cristescu · 02.05.2022 · 18:15 · 1 min
Lidas Starts Building Second EUR46M Bakery Factory
Companies

Lidas Starts Building Second EUR46M Bakery Factory

Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered b...

Mirabela Tiron · 21.01.2022 · 09:43 · 1 min
TeraPlast Due to Complete EUR10M Investment in Polyethylene Product Plant in 1Q/2022
Companies

TeraPlast Due to Complete EUR10M Investment in Polyethylene Product Plant in 1Q/2022

TeraPlast, the biggest Romanian construction materials maker, in the first quarter of 2022 will wind up investments in the polyethylene products plant, a EUR10 million project, out of which...

Alina-Elena Vasiliu · 10.01.2022 · 10:06 · 1 min
Windows Maker Barrier Set to Expand Bacau Plant Capacity
Companies

Windows Maker Barrier Set to Expand Bacau Plant Capacity

Windows maker Barrier is expanding the production capacity of Bacau plant this year, with a state aid that will represent the final stage of a broader investment scheme.

Alina-Elena Vasiliu · 07.01.2022 · 09:50 · 1 min
Romanian Government Greenlights EUR120M State Aid in 1H/2021, for 20 Projects
Companies

Romanian Government Greenlights EUR120M State Aid in 1H/2021, for 20 Projects

The Romanian government in the first half of 2021 approved state aid for 20 projects set to create 2,000 jobs. The total value of 2021 projects nears EUR300 million, while overall state aid...

Cristina Roșca · 24.09.2021 · 10:55 · 1 min
Sterk Plast Gets EUR2.5M State Aid to Expand Production in Medgidia
Companies

Sterk Plast Gets EUR2.5M State Aid to Expand Production in Medgidia

Romanian plastics producer Sterk Plast has been approved for EUR2.5 million state aid for a EUR5 million investment in expanding production bat its factory in Medgidia, southeast Romania.

Oana Gavrila · 26.04.2021 · 13:32 · 1 min
Government Approves RON664M Grant to CE Oltenia
Energy

Government Approves RON664M Grant to CE Oltenia

Romania's government has approved a restructuring grant of RON664 million to energy holding CE Oltenia, a state-owned coal-based electricity producer.

Oana Gavrila · 15.04.2021 · 17:49 · 1 min