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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
