12.17.2024

Electrica (stock symbol: EL), a major player on Romania’s electricity distribution and supply market, said in a stock market report that on Dec. 16, 2024, the company Crucea Power Park SRL (CPP), more

11.21.2024

The European Commission has announced on Nov 21 that it has approved a EUR578 million (RON2.9 billion) Romanian state aid scheme to support energy-intensive companies. more

09.19.2024

Austria’s Lasselsberger group, which owns ceramic tile maker Sanex in Cluj-Napoca, has submitted the largest investment of those seeking state aid via Construct Plus government scheme. The group more

08.27.2024

Leoni Wiring Systems, which had received approval for EUR4.77 million state aid in October 2023, has notified the Finance Ministry of its decision to drop the implementation of the investment project more

08.14.2024

The European Commission has approved, in line with the EU regulations on state aid, the EUR99.5 million state aid for Nokian Tyres in Romania. more

07.16.2024

BAT, the largest tobacco company in Romania, is the second contributor to Romania’s state budget, with a total contribution of RON10.8 billion (EUR2.1 billion) in excise and taxes to the state more

07.02.2024

Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) has informed shareholders and investors in a stock market report on July 1 about a state aid, in the amount of RON37.4 million, attracted by more

05.11.2024

Amber Studio, a local video game developer with $45 million revenue in 2022, has decided to waive EUR2.7 million in state aid that came with an obligation to create 120 jobs in Botosani and Craiova, more

04.29.2024

The European Commission has approved, under EU State aid rules, Romania's plans to grant its state-owned flag carrier TAROM restructuring aid of up to EUR95.3 million (RON473.69 million). The measure more

04.09.2024

The European Commission has approved the reintroduction of Romania’s EUR2.5 billion state aid scheme meant to support enterprises in the context of Russia’s war against Ukraine. more

03.07.2024

The European Commission has approved a €3 billion (RON 15.22 billion) Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic to foster the transition more

01.11.2024

The European Commission has approved a EUR126 million Romanian scheme to support investments in ports facing increased trade flows after Russia’s war against Ukraine. more

09.16.2023

Romanian state-owned pharmaceutical manufacturer Antibiotice (ATB.RO) has called shareholders for a general meeting on October 30, 2023 to secure approval for the conclusion of a financing contract more

09.13.2023

Iproeb Bistrita (IPRU.RO), one of the largest local manufacturers of electrical cables and conductors, has informed the local capital market through a report about the finance ministry's decision to more

09.07.2023

The shareholders of Romanian cable maker Iproeb Bistrita (IPRU.RO) have approved at their latest general meeting a decision allowing the company to contract bank loans in the amount of EUR5.4 million. more

08.03.2023

Exim Banca Romaneasca launched a new guarantee product in the name and on behalf of the Romanian state that facilitates access to finance for companies implementing investment projects in the field of more

07.31.2023

Representatives of the Foreign Investors Council (FIC), an association that brings together the leading foreign-held investors in Romania, support the strategic, medium- and long-term approach to key more

06.23.2023

Barrier, one of Romania’s largest PVC trim makers, has completed the investment meant to expand the production capacity of Bacau plant after getting an over EUR3 million non-reimbursable funding via more

06.19.2023

Romania's national grid company Transelectrica (TEL.RO) has announced in a stock market report on June 19 the distribution of the accounting profit left after deducting the profit tax on December 31, more

05.24.2023

Tobacco company British American Tobacco (BAT) on Wednesday said it had a total contribution of RON10.5 billion (EUR2.1 billion) in excise and taxes to the Romanian state budget in 2022. more

05.18.2023

Romania’s most important generic drug manufacturer Antibiotice Iasi (ATB.RO) has received from the Romanian government the approval for the funding of a project for manufacturing, packaging and more

03.10.2023

Slatina-based electrical and fiber optic cable manufacturer Prysmian, part of the Italian Prysmian group, has received EUR7.53 million in state aid under the HG322/2017 scheme to finance a EUR12.55 more

02.06.2023

Romanian state-run energy holding Complexul Energetic Oltenia will receive state aid worth RON453.5 million (EUR90.7 million) for 2023, from the state budget, in order to fund the purchase of more

01.19.2023

Farmec, Romania’s biggest cosmetics producer, is planning investments meant to double its production capacity and sales, but for this project is looking at state aid for funding. more

12.30.2022

In 2022, Romania’s finance ministry has approved financial state aid worth RON2.8 billion for 65 investment projects that will generate more than 9,500 new jobs, the ministry announced on Friday more