Small and medium-sized enterprises (SMEs) as well as large enterprises have until May 8 to apply for grants under the ConstructPLUS programme for establishing and/or developing production facilities for construction materials, the Ministry of Economy, Entrepreneurship and Tourism (MEAT) reported on Monday in a social media post."MEAT is opening registrations with the #ConstructPLUS programme! More specifically, starting today and throughout Wednesday, May 8, SMEs and large enterprises will be able to apply for grants in order to establish and/or develop production facilities for construction materials (...) When processing the applications for financing agreements and the documentation attached to them, financial statements for the years 2020 - 2022 will be taken into account. The obligation to disclose financial statements does not apply to newly financed enterprises, as defined in Article 3 (19) of OUG 68/2023. The applications for financing agreements, accompanied by the supporting documents, will be submitted the applicants to the MEAT Registry, with the following mention being required on the envelope: Directorate of Industrial Policies and Financing for Industry - O.U.G. nr. 68/2023."Grants under the programme are capped at RON 50 million euros, not exceeding 75% of the total eligible costs of the investment project or the intensity provided in the regional aid map authorised by the European Commission and approved at national level under HG 311/2022, as subsequently amended and supplemented.The budget allocated to the ConstructPlus programme for this year is the equivalent in lei (RON) of EUR 149 million.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
