Of the total projects, 12 will be implemented by Romanian-held companies.
The largest financing, worth RON174 million, was approved for Universal Alloy Corporation Europe (UACE), a producer of aluminium components for the aerospace industry, a division of Swiss-Austrian industrial group Montana Tech Components. UACE supplies components to leading aircraft manufacturers such as Airbus, Boeing, Bombardier and Premium Aerotech. The company had requested state aid for a RON526 million project.
MG TEC Industry, established by entrepreneur Vasile Hasmasan, will receive state aid worth RON150 million for a RON372 million project, which targets a factory manufacturing tampons and mass consumption hygiene products.
Carmaker Automobile Dacia will receive RON115 million state aid to carry out an investment of RON453 million, which will generate 300 jobs.
Transgaz, Oradea-based Sogefi Suspensions Eastern Europe SRL, VARTA Microbattery Brasov and Petstar Recycling Slobozia are also on the list of companies that will receive state aid.