The Ministry of Economy, Digitalisation, Entrepreneurship and Tourism (MEDAT) has published the procedure for implementing the Programme for Strengthening SMEs through Improved Access to Financing - SME Eco-Tech, carried out within a project financed by the second Swiss contribution for Romania.According to a press release from the Ministry, the programme's budget is 288.8 million lei, of which 70% represents the Swiss contribution (202.2 million lei) and 30% MEDAT's own contribution from the state budget (86.6 million lei).The institution will thus provide new financial support for the development of the local business environment, with the general objective of the green and digital transformation of small and medium-sized enterprises in the Romanian manufacturing industry, with the aim of improving their environmental footprint, thus aligning with the relevant objective of the European Union to mitigate or adapt to climate change.The "Programme for Strengthening SMEs through Improved Access to Finance - SME Eco-Tech" is to be launched in the second half of 2025, after, according to the provisions of the implementation agreement, MEDAT will prepare the necessary IT infrastructure and conclude the partnership with the credit institutions interested in implementing this new programme.The programme will be managed and implemented by MEDAT, as Programme Operator, in partnership with the selected credit institutions, until May 31, 2029, providing a broad horizon for the development and consolidation of the SME sector in Romania.The programme will be implemented based on a de minimis aid scheme, which aims to provide financial support to small and medium-sized enterprises carrying out production activities (section C of the nomenclature of economic activities), except for those excluded from financing by national and European regulations in force.The financial support offered to SMEs under this Programme consists of a grant at a maximum level of 40%, but not more than 50,000 CHF (equivalent in lei) of the eligible expenses related to an investment project in equipment / technologies / solutions / systems / specific to energy saving, which uses or generates renewable energy, in collection, recycling, reuse equipment, as well as in other conventional technological equipment.A minimum of 60% of the eligible expenses related to the investment project, but not less than 75,000 Swiss francs (equivalent in lei), will be provided by the beneficiaries through a bank loan obtained from partner credit institutions, under advantageous market conditions and through the programme.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
