The food VAT cut will contribute to an increase of the purchase power and of the economic growth’s potential, from 3 percent to 4 percent in 2015, by boosting consumption and investments, the Prime minister’s advisor on macro-economic matters, Cristian Socol says. “Beneficiaries will be firstly the people with low incomes and the middle-class whose [...]
The European Commission has approved Romania’s revised National Recovery and Resilience Plan (PNRR), a funding package worth EUR 21.4 billion, prime minister Ilie Bolojan announced on Wednesday, October 22. The revised facility includes EUR 13.57 billion in non-reimbursable grants and EUR 7.84 billion in low-interest loans, aimed at boosting investment in infrastructure,...
The Piatra-Neamț City Hall will build a palliative care hospital with financing provided from non-reimbursable European funds, mayor Adrian Niță announced. More than 3,000 patients need palliative care services in the county annually, the mayor said, quoted by Agerpres. ...
Employers who hire people older than 30 and registered with the Public Employment Service (SPO) to train them in the workplace can receive a monthly subsidy of RON 2,250 (approximately EUR 450) per apprentice, the Bucharest Employment Agency (AMOFM) announced. The funding is available as part of the project Formactiv - Training and Active Work, which […]
Smart Nutrition Clinic, which has been active for more than a decade in the area of nutrition, is rebranding as San Antonio, a multidisciplinary medical center. The rebranding follows the clinic’s acquisition by Giorgiana Lazăr, who was previously the executive director of private healthcare provider Sanador. The rebranding marks an expansion of the clinic’s portfolio, […]
Developer Redport has appointed Sorin Ioan Blaga as its Chief Commercial Officer (CCO). His mandate will focus on coordinating the company’s commercial strategy, defining and implementing marketing and sales directions for current and upcoming projects, and strengthening relationships with strategic partners and investors. In recent years, Blaga has served as CEO of Liebrecht & wooD […]
West Group, founded by Romanian entrepreneur Dan Crăciunescu, generated a consolidated revenue of over EUR 65 million in the first three quarters of the year, exceeding the annual target of EUR 60 million set at the beginning of 2025, the company said. The company, which is active in real estate development, construction, logistics spaces, and […]
