Mihai Constantin, spokesman for the government, announced that the Executive had decided to continue applying the support measures set up by the state aid IMM Invest Plus. He pointed out that the emergency order will support business and will facilitate company access to cash. The government decided to continue the application of support measures set yp by IMM Invest Plus änd its components. The new state aid will be applied until June 30, 2024, that is financing accords can be issued by guarantee and counter guarantee funds. About 11,500 companies in Romania will benefit from IMM Plus and its components: IMM Romania Plus, Agro Plus, IMM Prod Plus, Construct Plus, Innovation Plus and Rural Plus. A state aid program with a budget of about 12.5 billion lei, the equivalent of about 2.5 billion euros,” Mihai Constantin said. Premier Marcel Ciolacu announced on Thursday, at the government meeting, that IMM Invest Plus would be extended this year too. “We continue to support Romanian capital, to extend, this year too, IMM Invest Plus state aid, with all its components. About 11,500 Romanian companies will benefit from this state aid, with a budget of about 2.5 billion euros. Support comes as grants, and credit warranties, and the maximum values of aid granted to companies have been increases,” said the premier.
The agency plans to expand its team and reach a turnover of EUR 450,000 by year-end. June Communications (JUNE), a business-to-business PR and integrated communications agency, has appointed Bianca Caragea as its new Operations Manager. The step strengthens the agency’s management team as it enters a new stage of growth after seven years of sustained […]
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
