Economy Minister Radu Oprea has unveiled a four-year EUR 600 million state aid scheme for the Romanian manufacturing industry."The steps that follow after today's approval of the government decision regulating the state aid scheme are publishing a guide, which is ready in transparency; signing the ministerial order for the guide; and opening a project session that will last 30 days. I am asking those who are interested and who will submit projects for this new state aid scheme to keep an eye on the website of the Ministry of Economy, Entrepreneurship and Tourism, to see the guide, so that they may start working and submitting good projects for the Romanian economy," Oprea told a news conference on Friday at the Government House.Oprea mentioned recent statistics according to which the Romania's per capita GDP in relation to the purchasing power is comparable to that of Poland. There are also statistics according to which Romania would have one of the highest economic growth in the European Union, he said."Romania, from the point of view of per capita GDP in relation to the purchasing power, is on a par with Poland. We have an 80% degree of convergence with the European Union. At the time of accession, we were at 43%, which means that Romania's economy has had the fastest growth in recent times. Also, the forecasts are good, favouring Romania. There are reputable financial institutions and specialist publications that say that Romania will probably have one of the highest economic growth this year in the European Union. Some publications say that it will even be the biggest increase. Regarding industrial production, I have looked at European statistics and I saw that in April we are already at a positive 3.8 percent growth, although the European average was negative 2 percent, which means that the manufacturing industry and the industry in Romania are faring well at the moment," Oprea said.
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
Modernization work is ready to start at Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, following an investment of over RON 112.4 million (some EUR 22 million) led by the National Company Bucharest Airports (CNAB), news agency Agerpres reported. The company...
Paris Hilton, who will be present at IntenCity Craiova, a festival organized this summer between June 26–29, sent a message to her fans in Romania. "I'm excited to perform at the IntenCity Festival on June 28. It's going to be so much fun! See you there," Paris Hilton told those who will come to Craiova. […]
AMAIS (Association for Alternative Methods of Social Integration) has officially launched the SeeYou mobile app, an innovative platform that connects visually impaired individuals with volunteer guides who can accompany them during everyday activities - from medical appointments or shopping to park strolls or cultural events. SeeYou is the first mobile app of its kind in […]
SAI Broker, a Romanian investment management company part of BRK Financial Group, listed a new ETF on the Regulated Market of the Bucharest Stock Exchange (BVB) on May 16, under the stock symbol BKBETETF. The ETF aims to fully replicate the structure of the main index, BET. The BET index reflects the evolution of the […]
An investment of over RON 1.26 billion, approximately EUR 254 million, is set to be made in the Port of Constanța, to increase maritime transport capacity and the volume of commercial exchanges. The funds will be used for the construction of a quay and the development of a port area covering 550,000 square meters. The […]
