01.21.2022

Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered by state more

01.10.2022

TeraPlast, the biggest Romanian construction materials maker, in the first quarter of 2022 will wind up investments in the polyethylene products plant, a EUR10 million project, out of which EUR4.9 more

01.07.2022

Windows maker Barrier is expanding the production capacity of Bacau plant this year, with a state aid that will represent the final stage of a broader investment scheme. more

12.29.2021

Sphera Franchise Group S.A., owner of KFC, Pizza Hut and Taco Bell franchises in Romania, said in a stock market report that it received the first tranche of RON1.3 million of state aid from the more

12.17.2021

Romania’s 2022 state budget was built on a cash budget deficit target estimated at 5.8% of gross domestic product (GDP) and an ESA (European System of Accounts) deficit estimated at 6.2% of GDP, per more

11.15.2021

Possible increases in public spending are currently unsustainable and impossible to cover from budget revenues and will end up in an increased level of public debt, more need for loans from the more

09.24.2021

The Romanian government in the first half of 2021 approved state aid for 20 projects set to create 2,000 jobs. The total value of 2021 projects nears EUR300 million, while overall state aid tops more

07.05.2021

The European Commission has opened an investigation into Romania's EUR190 million support measures in favor of state-owned airline Tarom, it said in a statement Monday. more

06.16.2021

Lender EximBank has extended until end-2021 the financing program within the COVID-19 state aid scheme intended for large companies and small and medium-sized enterprises (SMEs), whose turnover more

06.14.2021

Romanian apparel manufacturer Braiconf Braila (BRCR.RO) has received a financing of EUR400,000 from lender Raiffeisen Bank, which is guaranteed by EximBank, within the COVID-19 state aid scheme more

05.28.2021

Romania’s finance ministry has launched a new state aid scheme for investments of over RON500 million, aiming to attract 15 large-scale projects. The maximum budget of the state aid scheme is more

04.26.2021

Romanian plastics producer Sterk Plast has been approved for EUR2.5 million state aid for a EUR5 million investment in expanding production bat its factory in Medgidia, southeast Romania. more

04.15.2021

Romania's government has approved a restructuring grant of RON664 million to energy holding CE Oltenia, a state-owned coal-based electricity producer. more

04.15.2021

The European Commission on Thursday said it has approved a Romanian scheme worth EUR500 million (nearly RON2.437 billion) aimed at supporting small- and medium-sized enterprises (SMEs) operating in more

03.30.2021

Romanian vacuum cleaner and home appliances manufacturer Electroarges, which has a production unit in Curtea de Arges, will invest EUR11.4 million to expand production. more

03.24.2021

Romania’s government in 2020 approved state aid for 30 projects with more than EUR500 million investments. State aid accounts for more than one third of this figure. more

03.23.2021

Romania’s government has granted some EUR100 million worth of state aid for six home appliances industry investment projects in the last five years. The investments stand at more than EUR210 more

03.15.2021

Germany’s B Braun, which is conducting one of the largest investments in Romania, in an irrigation solutions plant in Sanandrei near Timisoara, has applied for a EUR12.4 million state aid for the more

03.03.2021

German company AMF-Bruns will invest approximately EUR6.8 million in a factory located in Roman (Neamt County, eastern Romania), where it will produce laser parts and welded assemblies for mobility more

03.02.2021

Romanian lawmakers on Tuesday approved the country's 2021 state budget in the form proposed by the government, meaning a cash deficit target of 7.16% of the gross domestic product and frozen wages in more

02.05.2021

The European Commission said Friday it has opened an in-depth investigation to assess whether Romanian support measures in favor of energy holding CE Oltenia are in line with EU rules on state aid to more

01.11.2021

Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, announced Monday it was selected for Ron40 million state aid to invest in a more

01.05.2021

Romania’s Prime Minister Florin Citu announced Monday evening that state-owned companies with losses will receive state budget funds only based on restructuring plans. more

12.23.2020

Construction material producer TeraPlast Group (TRP.RO) has received the financing agreement for the state aid project submitted in November by TeraPlast Folii Biodegradabile SRL, its biodegradable more

11.23.2020

The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million) Romanian aid scheme to compensate Romanian regional airport operators more