Economy Minister Radu Oprea has unveiled a four-year EUR 600 million state aid scheme for the Romanian manufacturing industry."The steps that follow after today's approval of the government decision regulating the state aid scheme are publishing a guide, which is ready in transparency; signing the ministerial order for the guide; and opening a project session that will last 30 days. I am asking those who are interested and who will submit projects for this new state aid scheme to keep an eye on the website of the Ministry of Economy, Entrepreneurship and Tourism, to see the guide, so that they may start working and submitting good projects for the Romanian economy," Oprea told a news conference on Friday at the Government House.Oprea mentioned recent statistics according to which the Romania's per capita GDP in relation to the purchasing power is comparable to that of Poland. There are also statistics according to which Romania would have one of the highest economic growth in the European Union, he said."Romania, from the point of view of per capita GDP in relation to the purchasing power, is on a par with Poland. We have an 80% degree of convergence with the European Union. At the time of accession, we were at 43%, which means that Romania's economy has had the fastest growth in recent times. Also, the forecasts are good, favouring Romania. There are reputable financial institutions and specialist publications that say that Romania will probably have one of the highest economic growth this year in the European Union. Some publications say that it will even be the biggest increase. Regarding industrial production, I have looked at European statistics and I saw that in April we are already at a positive 3.8 percent growth, although the European average was negative 2 percent, which means that the manufacturing industry and the industry in Romania are faring well at the moment," Oprea said.
Romanian companies Questo, Steepsoft AI, and Ascendia are among the fastest-growing technology startups in the region, being included in the main category of the 2024 Deloitte Technology Fast 50 Central Europe ranking. In addition, eight other local startups have also been recognized regionally. Questo,...
IMMO GURU, a company that rents its own real estate as short-term and long-term accommodation, was listed on the AeRO market of the Bucharest Stock Exchange on November 14, under the ticker IMMO. IMMO GURU is the fifth company listed on the Romanian stock exchange from the beginning of the year and the fourth on […]
The City Hall of Brașov announced that artificial snow production has started in Poiana Brașov, preparing the slopes for the upcoming ski season. Snow cannons and lances were activated on Friday morning, November 15, as temperatures reached -6 degrees Celsius at the top of Postăvaru Massif. “Considering the favorable weather conditions, with low temperatures in […]
On Thursday, November 14, the European Commission decided to refer Romania and Bulgaria to the Court of Justice of the European Union for failing to fully comply with the obligations regarding collection and treatment established in the Urban Waste Water Treatment Directive. Untreated or uncollected wastewater can endanger human health and pollute lakes, rivers, soil, […]
The big prize of the Romanian Lottery's 6/49 game was won on Thursday, November 14. The winning ticket, which brought almost EUR 9.6 million (RON 47.7 million) to the lucky player, was played at an agency in Galaţi and featured 630 combinations and one "noroc" play, costing a total of RON 4,413, the Romanian Lottery […]
New record: sales of RON 1.14 billion in the first 9 months, higher by 6.4% compared to the same period in 2023 Normalized net profit increase of 66.3% compared to 9 months 2023, to RON 71.4 million, almost 90% of the normalized profit of the entire previous year EBITDA margin reached 11.3% in the first […]
