Over RON18 million of the total amount will be used for severance pay and to aid pensioners.
The measure approved by the government is in accordance with Council Decision 2010/787/EU of December 10, 2010 regarding state aid to facilitate the closure of uncompetitive coal mines and with European Commission Decision no. C (2012) 1.020/final, through which the European Commission cleared Romania to grant from public funds a state aid of RON1.169 billion (some EUR270 million) for the purpose of closing uncompetitive coal mines within the three units held by coal mining company Compania Nationala a Huilei (CNH) Petrosani, between 2011 and 2018, the Romanian government said in a statement.