Small and Medium Enterprises (SMEs) in Hunedoara County can benefit from non-refundable financing worth almost 181 million euros through the Just Transition Programme intended, mainly, for companies that create new jobs in the areas affected by the closure of the mines.The financing guide of the Just Transition Mechanism (JTM) 2021-2027 for "Development of Enterprises and Entrepreneurship - Investments for the Development of SMEs," was presented to entrepreneurs from Hunedoara county on the occasion of a caravan organized by the Agency for Regional Development (ADR) West, an intermediate body for JTM in Hunedoara county.Thus, the Hunedoara County will benefit from almost 181 million euros for productive investments in SMEs, of which 49 million euros for productive investments in Valea Jiului. The calls will finance actions regarding the development of productive investments in SMEs that support sustainable growth and job creation.JTM offers support to the population, the economy and the environment in areas that have suffered from the closure of mines or refineries and has as its main objective the generation of sustainable and safe jobs and the support of sustainable economic diversification.The programme has a total budget of 2.5 billion euros, and the Hunedoara County will receive more than 525 million euros. Of this amount, 446 million euros represents the allocation from the European Union through the Just Transition Fund, and 78.8 million represents the national contribution.
If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]
Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
