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 European Bank for Reconstruction and Development, or EBRD, invested EUR 707 million in 44 projects in Romania in 2024 to support the country’s green transition, a sharp increase compared to the previous year, when it invested EUR 658 million spread over 23 projects. EBRD cooperates with private corporations, equity funds, banks, as well as local […]
The Metropolitan Library of Bucharest, through its Dimitrie Cantemir Branch, announced a cultural premiere for Romania: the opening of the first corner dedicated to Nepali literature. The official opening is scheduled for February 1. "This is an important moment that reminds us that libraries are spaces for learning and for understanding cultural exchanges. Through this […]
Simtel Team, a Romanian engineering and technology group listed on the Main Market of the Bucharest Stock Exchange under the ticker SMTL, announced the opening of a new subsidiary in Essen, Germany. The company, one of the leaders in renewable energy in Romania, has been expanding internationally in recent years. The process began with the […]
A Greenpeace activist flew a powered paraglider near the Transocean Barents platform in Constanța on Wednesday, January 15, displaying a banner reading 'Stop Fossil Gas' in protest of OMV Petrom's Neptun Deep gas drilling project in the Black Sea. The platform, set to become Europe's largest fossil gas extraction site, is undergoing final preparations before […]
Romania has dropped ten positions in the 2025 ranking conducted by the defense-focused publication Global Firepower, which compiles a list of the world's most powerful armies based on various indicators every year. In 2024, Romania was ranked 41st in the list of 145 countries, while now it is ranked 51st, with a power ranking of […]
The 19th Gopo Awards Gala, celebrating the achievements of Romanian cinema, will take place on April 29 in Bucharest, according to an announcement by the Romanian Film Promotion Association. A total of 38 feature films, including fiction and documentaries released in 2024, have met the eligibility criteria and are now in the running for nominations. […]
