Over 7.34 billion RON has been invested in key sectors of the Romanian economy and more than 25,000 new jobs have been created in the 9 years since the start of the state aid scheme for stimulating investments with a major impact on the economy, the Ministry of Finance announced on Thursday."The purpose of this Government's initiative was to stimulate the sectors that are fundamental for sustainable development and increasing international competitiveness. The results of the initiative were remarkable: we are talking about a state aid scheme that had a significant impact on the development and resilience of the economy. assisted in the increase of production in numerous sectors, technological development and the creation of new jobs. In the future, we are committed to continue with other similar initiatives to support the vital sectors of the economy," said minister Marcel Bolos.The institution has completed the analysis of the requests for agreement for financing submitted on the basis of Government Decision no. 807/2014 for the establishment of state aid schemes with the objective of stimulating investments with a major impact on the economy, and the total budget allocated to the scheme has been exhausted.Thus, in more than 9 years since the start of the state aid scheme, 174 investment projects received grants from the state budget, for eligible expenses of the nature of tangible and intangible assets, as well as those related to the rental of buildings afferent to the initial investment.The main sectors of activity supported with state aid were: the automotive industry, the household electrical products industry, the aeronautical industry, the food industry, the construction materials industry, the production of machines and equipment, medical services, tourism.The Ministry of Finance specifies that of the total investment projects supported with state aid, 47% are implemented by companies with Romanian capital, and 53% by companies with foreign capital.
The Romanian stock market benchmark – the BET Index – officially crossed the 20,000-point threshold on Tuesday, July 25, 2025, marking a major milestone in its recent surge. The BET has gained about 7.5% in the last month, setting several new record highs on its path to 20,000 points. However, the Bucharest Stock Exchange’s recent […]
If you operate as a crypto broker, you might have come across a crypto broker program — a specialized service designed to enhance broker operations, expand service offerings, and optimize how they serve their end clients. These platforms have grown in popularity, offering streamlined access to the digital asset space with tools designed to suit both […]
For its 2025-2026 season, the George Enescu Philharmonic will bring to Bucharest more than 70 Romanian and foreign conductors and soloists of top level, 75% of whom are present for the first time in its artistic programming, the institution said. Among the names that will take the stage of the Romanian Athenaeum in Bucharest starting this […]
The Neuman House, a protocol residence for former communist dictator Nicolae Ceaușescu situated in the city of Arad, in western Romania, is up for sale for EUR 2.4 million, according to an online listing by an international agency specializing in luxury property brokerage cited by Agerpres. The building belonged to the noble Neuman...
During a press conference held on Tuesday, July 29, Romanian prime minister Ilie Bolojan presented the main measures from the magistrates' pension reform project, which will be included in the third fiscal package. The project includes raising the retirement age and capping pensions. The reform is urgent and necessary, said the official, who also warned […]
UNICEF has launched the Romanian-language version of the podcast On My Mind (În Mintea mea), created to support young people's mental health, with the support of global streaming platform Spotify. The Romanian-language version of the podcast complements the work carried out by UNICEF in Romania, which is currently implementing an initiative aimed at promoting the […]
