The government approved on Thursday the state aid scheme from which investment in the economy will benefit, the initial value of which will be at least 1 million euros, Prime Minister Nicolae Ciuca said."Therefore, we continue to develop all the regulatory elements, to take all the necessary measures at the level of the Government, so that these measures enter into force as soon as possible and produce effects as we have assumed," Ciuca said at the beginning of the Government meeting.This package of measures has a value of EUR 200 million."What I think is very important to emphasize is that it brings some elements of novelty, in the sense that we want through these measures to produce a multiplier effect in the Romanian economy, to have added value as high as possible. And, in this way, we consider it very important to focus on what the processing industry, constructions, informatics and communications, HORECA (hospitality industry, ed. n.) and, last but not least, investments in health and social assistance mean," Ciuca explained.The prime minister said that, since last year, the number of applications for funding for this aid scheme has steadily increased."This year, 50 financing have already been issued out of the total of 144 that are at the Ministry of Finance and these are for companies that are part of the automotive industry, aeronautics, food industry, home appliances, pharmaceuticals and, last but not least, of construction materials," Prime Minister Ciuca said.
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 […]
