STATE AID
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Electroarges Seeks to Expand Production, Create 170 Jobs
Romanian vacuum cleaner and home appliances manufacturer Electroarges, which has a production unit in Curtea de Arges, will invest EUR11.4 million to expand production.
Govt Approved EUR170M State Aid for 30 Projects in 2020
Romania’s government in 2020 approved state aid for 30 projects with more than EUR500 million investments. State aid accounts for more than one third of this figure.
Six Home Appliances Investment Projects Got EUR100M State Aid in Last Five Years
Romania’s government has granted some EUR100 million worth of state aid for six home appliances industry investment projects in the last five years. The investments stand at more than EUR210...
B Braun Gets EUR12M State for Irrigation Solutions Plant Near Timisoara
Germany’s B Braun, which is conducting one of the largest investments in Romania, in an irrigation solutions plant in Sanandrei near Timisoara, has applied for a EUR12.4 million state aid fo...
Germany’s AMF-Bruns Gets EUR3.4M State Aid For Plant Construction In Eastern Romania; Total Investment Of EUR6.8M
German company AMF-Bruns will invest approximately EUR6.8 million in a factory located in Roman (Neamt County, eastern Romania), where it will produce laser parts and welded assemblies for m...
EC Opens In-Depth Investigation on CE Oltenia State Aid Measures
The European Commission said Friday it has opened an in-depth investigation to assess whether Romanian support measures in favor of energy holding CE Oltenia are in line with EU rules on sta...
Vrancart Adjud Gets RON40M State Aid for Recycling Project
Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, announced Monday it was selected for Ron40 million state aid to invest i...
TeraPlast Receives EUR5.8M State Aid Agreement for Biodegradable Packaging Unit
Construction material producer TeraPlast Group (TRP.RO) has received the financing agreement for the state aid project submitted in November by TeraPlast Folii Biodegradabile SRL, its biodeg...
EC Approves EUR4.4M Romanian Aid Scheme to Compensate Regional Airport Operators
The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million) Romanian aid scheme to compensate Romanian regional airport op...