Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Commission approves EUR 24 million Romanian state-aid scheme...

Commission approves EUR 24 million Romanian state-aid scheme to support investment in sea, inland ports

November 14, 2023

The European Commission on Friday announced having approved an up to EUR24 million Romanian scheme (RON 118.6 million) to support investments in sea and inland ports in the context of Russia's war against Ukraine.In a press statement released on Friday, the European Commission says that the scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the European Commission on March 9, 2023 to support measures in sectors which are key to accelerate the green transition and reduce fuel dependencies. The new framework amends and prolongs in part the Temporary Crisis Framework, adopted on March 23, 2022 to enable the EU member states to support the economy in the context of the current geopolitical crisis, already amended on July 20, 2022 and on October 28, 2022.Romania notified to the European Commission under the Temporary Crisis and Transition Framework, an up to ?EUR 24 million (RON 118.6 million) scheme to support private port operators in the context of Russia's war against Ukraine.Under the scheme, the aid will consist of limited amounts of aid in the form of direct grants. The measure, partially funded through the cohesion funds, will support private port operators in order to enhance the functioning of the Ukraine-EU Solidarity Lanes.The aim of the measure is to overcome the shortcomings of the capacity of the ports' superstructure, among others for the procurement of equipment for short-distance transport of freight and the extension of storage capacities for temporary storage. It will also facilitate grains transport and transit via Romanian ports that need urgent support to handle the increased traffic flows of goods.The commission found that the Romanian scheme is in line with the conditions set out in the Temporary Crisis and Transition Framework. In particular, the aid will not exceed EUR 2 million per beneficiary, and it will be granted no later than December 31, 2023.It concluded that the Romanian scheme is necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State, in line with Article 107(3)(b) TFEU and the conditions set out in the Temporary Crisis and Transition Framework. On this basis, the Commission approved the aid measure under EU State aid rules.  

Read in full - click here
Exim Banca Românească intensifies dialogue with the business environment for the development of tailored financial solutions

Exim Banca Românească will organize, in the coming period, a series of meetings with representatives of the business communities in the main economic centres of the country, an initiative that is part of the Bank’s strategic endeavour to strengthen the partnership with the business environment and to gather relevant market perspectives, to underpin the development […]

22 kg of cannabis found in passenger’s luggage at Bucharest airport

Romanian Border Police have seized roughly 22 kilograms of cannabis at Bucharest’s Henri Coandă International Airport (Otopeni) after discovering the drugs in the checked luggage of a 35-year-old Albanian citizen arriving from Athens, Greece. According to the official statement, officers from the Bucharest Airports...

Romanian hacker inmate reportedly helped by officer to log into prison system

The hacker inmate at Târgu Jiu Penitentiary who was able to modify sentences and detention conditions was assisted by a prison officer who provided the credentials used to log into the system, according to an investigation. The checks carried out by the Penitentiary Inspection Directorate indicated that the inmate’s unauthorized access to the IT systems […]

Libris: Why We Read Less and How to Train Our Minds in the Age of AI

LIBfest 2025 takes place between October 21–26 and explores how reading evolves alongside technology. LIBfest, the book and cultural experiences fair organized by Libris.ro returns with an edition that examines how reading habits are being transformed in a world shaped by speed, technology, and AI. Between October 21 and 26, LIBfest 2025 brings together authors […]

Romanian Bogdan Putinică appointed to lead global agentic AI company Wonderful across 29 countries

Romanian technology executive Bogdan Putinică has been appointed Executive General Manager at Wonderful, a fast-growing global company specializing in agentic AI solutions for customer service. In his new role, he will oversee operations across 29 countries in Central and South-Eastern Europe and the CIS, the company announced. Putinicǎ will lead the company’s accelerated expansion and […]

Turkish medical group Medicana enters Romanian market, appoints head country office

Medicana, one of Turkey’s most prominent health groups, announced its entry in the Romanian market, along with the appointment of Ana Herkmen as head of the country office.  The group operates 19 hospitals across Turkey and Europe, and treats more than 5 million patients worldwide. It has centers of expertise in oncology, organ and stem […]