STATE AID
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EC Approves Compensation to Energy-Intensive Companies in Romania
The European Commission has approved, under EU State aid rules, Romanian plans to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emissi...
Romania Outgoing PM: CFR Marfa Must Resort To Asset Sales To Pay Back EUR570M State Aid
Romania's state-owned railway fright company CFR Marfa will have to resort to asset sales to be able to pay back to the Romanian state an amount of EUR570 million considered illegal state ai...
European Commission Approves State Aid for Romania's Tarom
The European Commission said Monday it has approved Romania's plans to grant a temporary loan of approximately EUR36.7 million (around RON 176 million) to the state-owned flag carrier Tarom.
Haier Romanian Factory Investment 50% Backed by State Aid
Around half the EUR53 million investment in the refrigerator factory Chinese giant Haier plans to built in Prahova county, Romania, will be covered from state aid that the Romanian governmen...
Govt Allocates EUR325M for State Aid Investments in 2020
The government has allocated EUR325 million for state aid investments via the 807/2014 scheme in 2020. The annual budget the Finance Ministry had set for the scheme was EUR145 milion, accord...
Detergenti SA, MPO Prodivers Rezistent, Romaqua Group, Among Seven New Firms To Get State Aid For Investments
Romania’s Finance Ministry on Wednesday approved seven new financing agreements, based on a state aid scheme worth a total RON194 million. The projects announced by companies are worth RON62...
Investment Projects Worth RON3B Under Construction In 16 Romanian Counties
Twenty-eight investment projects, worth a total RON3 billion and creating 4,500 new jobs, got the green light to receive state aid between November 2018 and April 2019, as per a document rel...
Romania Approved RON1.1B State Aid For 28 Investment Projects Between Sept 2018 And April 2019
The Finance Ministry approved financing agreements for 28 investment projects, between September 2018 and April 2019, through a state aid scheme worth a total RON1.1 billion, which will gene...
Four Turkish Industrial Groups Build EUR180M Plants, Create Over 1,100 Jobs In Romania
Turkish industrial group Coskunoz is investing EUR20 million in the construction of a car parts factory in the locality of Dragasani (Olt County), and nearly half of the investment is covere...