The Startup Ingenium project, co-financed by the European Social Fund through the Human Capital Operational Programme 2014-2020, with a total value of 9.681 million lei (of which 9.661 million lei non-reimbursable financing) will be implemented over January 2022 - December 2023, informs the National Council of Small and Medium-Sized Private Enterprises in Romania (CNIPMMR).According to the quoted source, the general objective of the project is to encourage entrepreneurship and employment among students by supporting the establishment of enterprises operating in economic sectors with competitive potential."The target group of the project consists of a number of 350 people from the following categories of eligible target groups, defined according to the specific conditions guide: Students (International Standard Classification of Education - ISCED level 5-7) and PhD students in the doctoral studies cycle (PhD students, ISCED level 8) with domicile / residence in the less developed regions of Romania (respectively North-East, South-East, South Muntenia, South-West Oltenia, West, North-West and Center), as well as in the more developed region Bucharest - Ilfov," the release reads.The project will include training courses, internships and mentoring and 29 people who will participate in a business idea competition to obtain funding between 40,000 euros and 60,000 euros (the first 13 business plans that propose 2 jobs will get 40,000 euros and the first 13 business plans that propose 3 jobs will get 60,000 euros).According to CNIPMMR, the results of the project implementation will be: 350 people tested in order to assess their entrepreneurial potential and 350 graduation certificates issued by ANC attesting to the improvement of skills in the entrepreneurial field. There will also be 65 jobs created and maintained, 29 internship reports for people whose business plans have been selected for de minimis aid plus 3 more reserves, as well as 29 persons who will benefit from personalised counseling / consulting / mentoring services and 26 enterprises established according to Law 346/2004.
Prime Batteries, the only local battery manufacturer and one of the few active in Europe, has established a joint venture with the South Korean company Top Material to produce active material, a key element in the production of batteries. The unit is in South Korea. Top Material is also a shareholder in Prime, with a […]
Franklin Templeton, the administrator of Fondul Proprietatea, has launched 16 Franklin Templeton Investment Funds (FTIF) on the iFonduri platform, expanding access to investment solutions for individual investors in Romania, according to Ziarul Financiar. The iFonduri platform, launched on Thursday, December...
Some companies in the BETPlus index are expected to deliver an average dividend yield of 3.6% in 2026, down from the 4.1% projected for a similar selection last year, according to an analysis by the TradeVille Analysis Department, Bursa.ro reported. The estimates are based...
The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according […]
West Beton, part of West Group, produced and delivered, through its three production sites, more than 200,000 cubic meters of ready-mix concrete in 2025. Over 90% of total deliveries went to residential projects, including HILLS Nord, the third phase of Nusco City, and developments by companies such as Hagag or Pedro Construct. The rest of […]
The government has added four more companies to the list of the first 17 that entered the reform process and the analysis of the Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu. These are CNCAF Minvest, Romaero, CNMPN Remin, and Avioane Craiova, companies from the portfolio […]
