Small and medium-sized enterprises (SMEs) as well as large enterprises have until May 8 to apply for grants under the ConstructPLUS programme for establishing and/or developing production facilities for construction materials, the Ministry of Economy, Entrepreneurship and Tourism (MEAT) reported on Monday in a social media post."MEAT is opening registrations with the #ConstructPLUS programme! More specifically, starting today and throughout Wednesday, May 8, SMEs and large enterprises will be able to apply for grants in order to establish and/or develop production facilities for construction materials (...) When processing the applications for financing agreements and the documentation attached to them, financial statements for the years 2020 - 2022 will be taken into account. The obligation to disclose financial statements does not apply to newly financed enterprises, as defined in Article 3 (19) of OUG 68/2023. The applications for financing agreements, accompanied by the supporting documents, will be submitted the applicants to the MEAT Registry, with the following mention being required on the envelope: Directorate of Industrial Policies and Financing for Industry - O.U.G. nr. 68/2023."Grants under the programme are capped at RON 50 million euros, not exceeding 75% of the total eligible costs of the investment project or the intensity provided in the regional aid map authorised by the European Commission and approved at national level under HG 311/2022, as subsequently amended and supplemented.The budget allocated to the ConstructPlus programme for this year is the equivalent in lei (RON) of EUR 149 million.
“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square. Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of […]
Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and […]
The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence. ...
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
