Small and Medium Enterprises (SMEs) in Hunedoara County can benefit from non-refundable financing worth almost 181 million euros through the Just Transition Programme intended, mainly, for companies that create new jobs in the areas affected by the closure of the mines.The financing guide of the Just Transition Mechanism (JTM) 2021-2027 for "Development of Enterprises and Entrepreneurship - Investments for the Development of SMEs," was presented to entrepreneurs from Hunedoara county on the occasion of a caravan organized by the Agency for Regional Development (ADR) West, an intermediate body for JTM in Hunedoara county.Thus, the Hunedoara County will benefit from almost 181 million euros for productive investments in SMEs, of which 49 million euros for productive investments in Valea Jiului. The calls will finance actions regarding the development of productive investments in SMEs that support sustainable growth and job creation.JTM offers support to the population, the economy and the environment in areas that have suffered from the closure of mines or refineries and has as its main objective the generation of sustainable and safe jobs and the support of sustainable economic diversification.The programme has a total budget of 2.5 billion euros, and the Hunedoara County will receive more than 525 million euros. Of this amount, 446 million euros represents the allocation from the European Union through the Just Transition Fund, and 78.8 million represents the national contribution.
Timișoara will host the first football-themed film festival in Romania and Eastern Europe this November, marking a unique cultural initiative at the intersection of sport, cinema, and community identity, Agerpres reported. Organized by the Druckeria Supporters’ Association, the inaugural edition of the Timișoara...
The well-being of children in many of the world’s richest countries, including Romania, has deteriorated significantly since the COVID-19 pandemic, according to a new analysis released by UNICEF Innocenti – Global Office of Research and Foresight. The top three countries are the Netherlands, Denmark, and France, while Romania is at number 16 in the report, […]
Marius Lulea, vice president of the far-right Alliance for the Union of Romanians (AUR), publicly praised former Communist dictator Nicolae Ceaușescu, drawing condemnation from historians and legal experts for promoting a convicted criminal against humanity,
The Party of European Socialists (PES) and the Socialists and Democrats group in the European Parliament (S&D) stated on May 12 their firm position...
Romanian tissue and sanitary paper products producer Elfi announced investments of EUR 10 million in 2025 to expand production capacity. The project involves the construction of a new production hall and the installation of a state-of-the-art production line, which will allow the company to operate three production lines and double its current capacity. In 2024, […]
With the investment fund Accession Capital Partners and the private equity fund Invenio Partners as majority shareholders since the end of 2024, the Romanian coffee chop chain 5 to go targets the Southeastern European market, according to Profit.ro and
