A company can apply for an investment grant of no more than five times the value of its 2019 turnover, under the "Investments in productive activities" measure managed by the Ministry of Investments and European Projects (MIPE) through the Competitiveness Operational Program.Minister of Investments and European Projects Dan Vilceanu had a consultation on Tuesday with the business environment regarding the applicant's guide related to the 4.1.1. "Investments in productive activities" measure under which micro, small and medium-sized enterprises (SMEs) will be able to obtain European funds representing investment grants.According to an MIPE release sent on Tuesday, the amount that can be accessed by an applicant, as well as the grading criteria were the main changes agreed upon, right from this first meeting."I thank all the dialogue partners and I want to assure them that we will take as many of their comments as possible, but that we must also take into account the regulations approved by the European Commission. The discussion was not an easy one, but it was honest and I assured all participants that the failure of Measure 3 would not be repeated. We need investments and beneficiaries to take on the sustainability of these investments. I would like us to put the financing guide under public consultation as soon as possible because the Romanian entrepreneur, our economy needs investments, the only ones that can create new jobs and increase the standard of living in our country. We have solutions and we cannot afford to postpone the decision very much," said Dan Vilceanu.The discussions outlined the way of evaluating and separating out the projects that can be submitted by the beneficiaries within 5 days from the start of the financing call.The value of a project will range between a minimum of 50,000 euros and a maximum of one million euros. Under this measure, the acquisition of property or the construction of buildings will not be considered eligible expenses, but only the fitting out and modernization of spaces. The total value of the state aid scheme will stay at 358 million euros.The meeting was attended by Minister Dan Vilceanu, Secretary of State Csilla Hegedus, Director General of the Competitiveness Operational Program, Svetlana Gombos, representatives of the National Council of Small and Medium Private Enterprises of Romania (CNIPMMR), of the Territorial Association for Energy and Energy Efficiency, of the Coalition for the Development of Romania (CDR), of the National Federation of Local Action Groups in Romania, of the Association of Management Consultants in Romania (AMCOR), of the Board of Young Entrepreneurs in Romania, of the Board of Consultants for Entrepreneurship Development and representatives of the business environment.
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
