07.16.2014

Building material producer AdePlast, controlled by businessman Marcel Barbut, renounced the EUR7.3 million state aid it got last year for the construction of a stone wool plant, an investment that more

07.07.2014

Companies receiving state aid in the form of lower green certificate quotas are forced to keep layoffs to less than 25% of the staff registered at the time they become eligible for the state aid more

06.24.2014

ArcelorMittal Galati and Alro slashed their headcount by 74% and 33%, respectively, since privatization until 2013, with over 21,000 people losing their jobs. However, they are set to benefit from more

06.19.2014

Italian-held Maschio Gaspardo, the largest producer of farm machinery in Romania, is to get state aid worth EUR4.7 million, representing 49% of the value of investments at its plant of Chisineu-Cris, more

05.28.2014

German industrial giant Siemens and Israeli IT service provider Ness Technologies will get almost EUR11 million state aid to create more than 400 jobs in research and development centers in Bucharest, more

04.08.2014

The value of state aid granted to 55 companies reached EUR684 million between 2008 and 2014, out of which EUR259.2 million were already paid, Livia Stan, general manager in the Romanian Finance more

04.08.2014

The Romanian state is set to cover part of salary expenses for around 1,500 companies that should create a total of 30,000 new jobs within a seven-year period, with the budget of the new state aid more

03.07.2014

Airbag manufacturer Global Safety Textiles, which has a plant in Sighisoara (central Romania), will receive state aid of EUR18.5 million for a EUR46 million investment in a new production facility more

02.04.2014

The Romanian government Tuesday said it plans to disburse a new 174 million lei (EUR39 million) subsidy in 2014 for the state-run mine closing company Societatea Nationala de Inchideri Mine Valea more

01.23.2014

The Romanian Finance Ministry approved aid for 52 projects totaling investments of EUR3.08 billion between 2007 and 2013, out of which EUR727.19 million represented state support, the ministry said more

01.23.2014

Deutsche Bank--which is developing a technology center for Eastern Europe in Bucharest that will employ 500--got a EUR15 million aid from the Romanian government in December to support a EUR40 million more

12.10.2013

The Romanian Government has extended until June 2013 the validity of two government decisions, allowing private-sector companies to access state aid worth almost EUR440 million. more

11.11.2013

Romanian building materials producer AdePlast will continue a project to build a basalt fiber plant, for which it earmarked EUR5.2 million from its own revenue resources and contracted extra EUR7.1 more

10.16.2013

Star Assembly, held by German group Daimler, has received state aid of EUR37.4 million for the construction of an automatic transmission production facility in Sebes, in Romania’s central county of more

08.21.2013

Romania will increase the budget of a de minimis state aid scheme targeting small and medium-sized enterprises (SMEs) which make investments and create new jobs from 400 million lei (EUR89.8 million) more

06.20.2013

Dräxlmaier Pitesti, the German car part maker’s oldest plant in Romania, which makes cables for the auto industry, plans to lay off 8% of its staff, or 292 employees, 2% of all its employees in more

05.30.2013

Romania will finalize this year 20 major investment projects worth a total EUR750 million, which received state aid and will create 6,700 jobs, Budget Minister Liviu Voinea said Thursday. more

05.29.2013

Romania’s long-delayed project to build a EUR1 billion thermal power plant in the eastern county of Braila is not likely to materialize unless the government considers granting state aid to support more

05.10.2013

Romania wants to grant de minimis state aid of up to EUR200,000/firm over a three-year period to small and medium-sized enterprises which make investments and create new jobs. more

03.27.2013

Renewable energy producers, which receive aid from the state, should be obliged to cede a part of it for electricity network upgrades, an official of Romanian state-run power grid operator more

03.26.2013

The European Commission wants to reduce state aid starting next year, a proposition rejected by several EU member states, including Romania, and allow non-reimbursable financing only from structural more

03.20.2013

Romania will disburse extra 163 million lei (EUR36.8 million) for state-run coal mining company Compania Nationala a Huilei (CNH), part of a financing package to be used in a restructuring program for more

03.06.2013

The reduction of state aid granted to renewable energy producers is detrimental to the sector and will cause many companies to leave the market, according to the Romanian Photovoltaic Industry more

02.28.2013

Romania’s Economy Minister Varujan Vosganian on Thursday said state aid should be granted to chemical plant Oltchim Ramnicu-Valcea (OLT.RO) by the middle of the year, or it will no longer be useful. more

02.14.2013

Romanian Economy Minister Varujan Vosganian requested EU Commissioner for Competition Joaquin Almunia to approve a EUR45 million state aid to Romanian chemical plant Oltchim (OLT.RO). more