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.
The shares of four other companies listed on the Bucharest Stock Exchange (BVB) will be included in the MSCI Frontier, MSCI Romania, MSCI Frontier IMI and MSCI Romania IMI. Romania will thus have 30 listed companies part of the MSCI indices as of June 1, 2024. The shares of telecom group Digi Communications (DIGI)...
DP World announced on May 15 the opening of three new sites in Romania, following total investments of over EUR 130 million. The company said the projects aim to provide “a significant boost to the country’s growing status as a key hub of European trade.” Thus, Constanta, the largest container port on the Black Sea, […]
Measuring the confidence of Romanian managers and entrepreneurs in the local economy for over 4 years, the results of the 10th edition of the CONFIDEX study highlight the optimism, resilience, and adaptability of the Romanian business environment. According to the CONFIDEX study from the first semester of this year, the proportion of managers who declare […]
Alternative investment fund BT Property said on May 15 that it acquired Funshop Park Turda, Cluj county, from the Polish group Scallier. The transaction marks the fund's entry into the retail market, where it aims to expand. Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards. BT Asset […]
Attractive Romania/România Atractivă was launched this week with the aim of offering local and foreign tourists a new tool to explore the country. The multimedia platform includes 12 thematic routes in 35 counties, listing 275 landmarks to discover. The program, with a value of over RON 36.3 million, is part of the National Recovery and Resilience […]
It’s a packed agenda this week, with film festivals, art and jewelry fairs, events for foodies, the start of the light and music show at Bucharest’s Unirii fountains, and an anniversary but slimmed-down edition of the Night of Museums. The public in Iași can attend the events of the Romanian Creative Week, while theater fans […]
