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.
London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide. Calea Victoriei, the […]
The Defense Ministry said early Wednesday, November 19, that its Air Force detected a drone entering national airspace overnight, prompting the scramble of German and Romanian fighter jets amid ongoing Russian attacks near Romania’s border with Ukraine. Two German Eurofighter Typhoon jets stationed at the Mihail Kogălniceanu Air Base took off at 00:25 on November […]
The government will radically amend the legislation on foreign labour and repeal the current law, said Ciprian Văcaru, state secretary at the Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS), as reported by Economedia.ro...
The Romanian government is preparing an emergency ordinance to ban salary-pension cumulation in the public sector, according to the document consulted by Economedia.ro. The draft ordinance includes other measures to reduce spending in public administration, such as suspending secondments and transfers. The...
Although the Romanian ruling coalition announced a principle agreement over cutting by 10% the payroll of the central administration, no formal agreement has been drafted yet, and the technical specifications are not yet clear. In any case, it seems broadly agreed that the ministries and other central administrative units will be given flexibility in deciding […]
Romania’s BlueSpace Technology is preparing for the first public presentation of its VLAH (Hydramatic Autonomous Combat Vehicle) prototype, scheduled for the first half of December, according to a press release cited by Bursa.ro. The 4x4 armoured vehicle is the first...
