The government approved on Thursday the state aid scheme from which investment in the economy will benefit, the initial value of which will be at least 1 million euros, Prime Minister Nicolae Ciuca said."Therefore, we continue to develop all the regulatory elements, to take all the necessary measures at the level of the Government, so that these measures enter into force as soon as possible and produce effects as we have assumed," Ciuca said at the beginning of the Government meeting.This package of measures has a value of EUR 200 million."What I think is very important to emphasize is that it brings some elements of novelty, in the sense that we want through these measures to produce a multiplier effect in the Romanian economy, to have added value as high as possible. And, in this way, we consider it very important to focus on what the processing industry, constructions, informatics and communications, HORECA (hospitality industry, ed. n.) and, last but not least, investments in health and social assistance mean," Ciuca explained.The prime minister said that, since last year, the number of applications for funding for this aid scheme has steadily increased."This year, 50 financing have already been issued out of the total of 144 that are at the Ministry of Finance and these are for companies that are part of the automotive industry, aeronautics, food industry, home appliances, pharmaceuticals and, last but not least, of construction materials," Prime Minister Ciuca said.
Interim president Ilie Bolojan has convened the Supreme Council of National Defense on Wednesday, April 30, to discuss essential defense topics such as Romania’s participation in the ReArm Europe Plan/Readiness 2030, the draft Law on National Defense of Romania, and the National Plan on Military Mobility. Other topics concern the draft Law on certain measures […]
The photography exhibition World Unseen, which allows both blind and sighted visitors to experience images through touch and sound, is opening its doors in Iași after attracting over 100,000 visitors in Bucharest. Hosted at the Palace of Culture, the exhibition will be on display from April 29 to July 29. Organized by Canon Romania in […]
Brașov-Ghimbav International Airport in central Romania recorded a total of 56,897 passengers in the first quarter of this year, more than double the number from the same period in 2024, when 27,885 travelers were registered. According to statistics published by the Romanian Airports Association, the Brașov-Ghimbav Airport has returned to 9th place in the national […]
DAAS Epta Romania, part of the international Epta group, is set to open the first Training Center for refrigeration technicians in the country with an EUR 500,000 investment. The company also announced the accelerated expansion of the remote monitoring service center, or TLM. The Training Center is a pilot project developed based on the model […]
Knauf Insulation, part of the Knauf Group, has invested EUR 140 mln in state-of-the-art production facilities and brought together world-class expertise to transform the Târnăveni plant in Romania into the most technologically advanced facility in Central Eastern Europe. Industrial services provider Bilfinger has played a significant role in the project by undertaking a comprehensive range […]
The seventh edition of Neversea, one of Europe’s largest beach music festivals, will not take place in 2025, the organizers announced. The event is now scheduled to return in 2026 in Constanța, Romania, after challenges in securing a suitable beach venue. Organizers from Untold Universe explained in a press release that they were unable to […]
