01.27.2017

Industries Yield, the local subsidiary of Italy’s fashion group Moncler, will get 17.3 million lei (EUR3.8 million) state aid for the 780 new jobs in its Bacau plant, according to the Finance more

01.13.2017

The Finance Ministry last December approved 225 million lei (EUR50 million) state aid for two companies in the local auto industry, Bosch and Pirelli, which will make almost RON1 billion investments more

10.18.2016

The European Commission (EC) has formally notified Romania as regards lifting the ex-ante conditionalities concerning the existence of a legislative framework for the actual enforcement of European more

10.10.2016

Romania’s Finance Ministry has granted EUR819 million state aid through all the schemes under its management since 2007, which went to 93 companies. However, only 19 of the state aid recipients were more

10.06.2016

Deloitte Tehnologie company will get state aid worth RON7.7 million for investments in a technology center that would create 650 new jobs, according to Romanian Finance Ministry data. more

08.29.2016

Romania’s Finance Ministry has selected companies Pirelli, Arctic, Clariant Products, Robert Bosch, Safe Med International and Alu Menziken to receive state aid worth RON621 million. more

08.23.2016

Romanian plastic systems maker Teraplast Bistrita (TRP.RO) plans to take RON66 million as state aid to build a new production unit within industrial park Teraplast located in the town of Bistrita more

07.27.2016

Romania’s Finance Ministry approved state aid for 23 companies in various sectors such as industry, call-centers, consultancy and IT, and the list of those that had their applications turned down more

06.24.2016

Cable TV company UPC, IT security software developer Bitdefender and consultant Deloitte plan to create more than 1,100 jobs in research, technology and services centers in Romania over the next few more

05.11.2016

The Romanian Government increased by 50% the annual maximum budget for stimulating investments in economy, from EUR100 million to EUR145 million, following a legislative amendment. more

04.13.2016

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04.08.2016

The European Commission on Friday said it opened an in-depth probe to verify whether debt write-offs by the Romanian state and continued supplies by state-owned enterprises in favor of Romanian more

01.12.2016

Romanian Economy Ministry, majority shareholder of aircraft maker Avioane Craiova (AVIO.RO), wants the company to get a state aid for restructuring, as its debts exceeded RON116 million at the middle more

09.03.2015

EKR Elektrokontakt Romania, part of Germany’s Nexans, will invest 80 million lei (EUR18 million) in building a wiring plant in Targu-Jiu, Gorj County (southern Romania). The investment will create more

07.31.2015

The European Commission has opened two investigations to examine if measures in favor of two publicly-owned airports in Romania, Cluj-Napoca International Airport and Targu Mures Transilvania Airport more

07.24.2015

Germany's Karcher will receive a state aid of 37 million lei (nearly EUR8 million) for building a 22,000 sqm cleaning equipment factory in Curtea de Arges, in a EUR20 million investment, according to more

06.29.2015

The Romanian Government will grant a new loan to energy holding CE Hunedoara, in the amount of RON167 million, as individual state aid for rescue, but attached certain conditions to the loan. more

06.12.2015

The European Commission has concluded, following an in-depth investigation, that electricity supply contracts signed by Romanian state-owned electricity generator Hidroelectrica with certain more

04.24.2015

Bosch Rexroth will receive EUR16,6 million state aid to invest EUR33 million in expanding its production of automotive sensor plant in Blaj, Alba county, that will create around 570 new jobs. more

04.14.2015

The Romanian government plans to give energy holding CE Hunedoara an individual state aid representing a six-month loan worth nearly RON100 million (EUR22.67 million) from the privatization fund, more

03.30.2015

European Commission has decided that Romania has to recover compensations granted to brothers Ioan and Viorel Micula following the abolishment of an aid scheme targeting investments in disadvantaged more

03.19.2015

Restructuring announced at energy holdings Hunedoara and Oltenia, which operate the largest thermal power plants in the country, will probably be dramatic, and the biggest stake in the move is state more

02.18.2015

The Romanian government will assign state aid of RON143.4 million (EUR32.3 million) this year for the shutdown of noncompetitive coal mines. more

12.30.2014

Private security company Alistar, Japanese-held automotive component manufacturer Yazaki and private medical service provider Pelican might create more than 6,000 jobs if their state aid applications more

12.11.2014

Romania's energy-intensive industry, such as the steel industry, requires European funding and state aid to avoid shutting down production units, ArcelorMittal Romania country manager Ionel Bors said more