Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. FinMin official: 2024 investment expenditures predicted at rd....

FinMin official: 2024 investment expenditures predicted at rd. RON 106 bn

August 29, 2024

Investment expenditures for this year are predicted at somewhere around RON 106 billion, or 6 percent of GDP, and the figure recorded in the first part of the year is RON 46.27 billion, 41 percent higher year-over-year, Secretary of State with the Finance Ministry Alin Marius Andries declared on Tuesday."These investments are, so to speak, the result of the implementation of cohesion policy, NRRP and national funding investment projects. Investment expenditure in the first part of the year was somewhere around RON 46.27 billion, by 41 percent more compared to the similar period of 2023, and we will continue to support these investments because only thus can we achieve sustainable economic growth and improve the Romanian citizens' standard of living," Alin Marius Andries told the conference "Upgrade Romania: The Impact of 2024's Large-size Investments", organized by DC Media Group.He mentioned that in 2024, 64 projects worth approximately RON 11 billion and which are likely to create more than 11,000 jobs are being implemented under the state aid schemes managed by the Ministry of Finance.In his turn, Minister of Economy, Entrepreneurship and Tourism Stefan Radu Oprea said that construction and IT remain the most dynamic sectors in the economy."We have the highest number of software engineers per 1,000 population in Europe and we are the 6th nation in the world by this criterion, which definitely benefits Romania. It is important for us to create more intellectual property in Romania, to have more research and development proprietary registrations here," Stefan Radu Oprea said.He also mentioned that the Romanian economy should switch from one investors were seeking for the low workforce pay to an economy where investors come for creativity, productivity, and for Romanian products.

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/finmin-official-2024-investment-expenditures-predicted-at-rd.-ron-106-bn/109698
Read in full - click here
It’s about the city, not just the buildings: Beatrice Dumitrașcu on One United’s brand and mission

In Romania’s rapidly evolving real estate landscape, One United Properties is doing more than building apartments - it’s crafting aspirational lifestyles and shaping the city. “People are not just looking for an apartment - they want to acquire a lifestyle,” says Beatrice Dumitrașcu, CEO of the Residential Division, whose strategic vision has helped shape one […]

Association of Business Service Leaders in Romania elects Adrian Baron as President of the Board

The Association of Business Service Leaders in Romania, or ABSL, announced the election of Adrian Baron as President of the Board of Directors on Thursday, April 24. With over 10 years of experience in the business services industry and currently Head of Services Management Platforms at Stefanini, Baron is the youngest member of the current […]

Romanian prosecutors extend judicial control over former presidential candidate Călin Georgescu

Romanian prosecutors decided on Thursday, April 24, to extend the judicial control over Călin Georgescu for another 60 days, Digi24 reported. The former far-right presidential candidate appeared at the headquarters of the General Prosecutor’s Office in the case in which he is accused, among other things, of incitement to actions against the constitutional order. ...

Romanian government mulls introducing reusable packaging in Deposit-Return System

Romanian environment minister Mircea Fechet stated on Thursday, April 24, that the Deposit-Return System, or SGR, has reached a sufficient level of maturity to consider introducing a fourth category of packaging, namely reusable packaging. According to the minister, who was present at the "SGR in Romania" conference that day, a draft Government Decision making the […]

Tchibo Romania moves office to Business Garden Bucharest

Coffee brand Tchibo Romania relocated its headquarters to Business Garden Bucharest, Building A, 4th floor, occupying a space of 1,130 square meters. The rental transaction was facilitated by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate alliance. “Tchibo, in the process of relocating its headquarters and consolidating its business with a new […]

Auchan Retail Media: The new wave of advertising for brands, powered by data and innovation

In a world where customer attention is fragmented and advertising ROI is under constant scrutiny, Auchan Romania is setting a new standard for how brands connect with shoppers. “We’ve practically revolutionized the way we communicate and interact with consumers,” says Tiberiu Dănețiu, Director of Corporate Affairs & Retail Media at Auchan Romania, as he outlines […]