The Ministry of Finance has financed seven investment projects for the three companies of the Renault Group, with a total value of over 2.242 billion RON, which generate 1,478 new jobs, and the state aid granted is worth a maximum of 644.55 million RON, informs the institution through a press release.According to the cited source, the projects generate direct contributions to regional development through the payment of fees and taxes of over 1.247 billion RON. Currently, five investment projects with a total value of 1.438 billion RON have been completed, which generated a number of 1.178 jobs, and the state aid granted is 436 million RON.Minister of Finance Marcel Bolos paid a working visit on Tuesday to the Titu Technical Center of the Renault Group, one of the company's most important research and development platforms in Europe."We must always be attentive to the needs of the business milieu and to concrete measures that generate progress. In this sense, we gave them good news. After discussions with ACAROM, CONCORDIA, AHK and CCIFER, we prepared a normative act by which we propose a measure of support for this strategic area, by applying the tax deduction for research and development expenses, starting in 2024, and for companies that pay the minimum turnover tax. I hope that the project will be approved at the level of the governing coalition reach the Government as soon as possible", mentioned Marcel Bolos, quoted in the press release.The minister of finance discussed with the management team of the Renault Group about the situation of the automotive industry and about the future investment projects of Renault in Romania, on the occasion of which the need for additional measures to stimulate the research and development sector, for the industries that develop technologies, were pointed out new and contribute to the country's competitiveness."Dacia-Renault is an example of good practices and an important investor in the Romanian economy. One of the principles that guide me, as minister of finance, is that large-scale investments in the economy generate, in addition to jobs, the development to a very important sector, a multiplier effect for regional development", Bolos emphasized.During the meeting, Marcel Bolos reiterated the Government's wish to create a favorable environment for business development and for attracting new investments, both through balanced fiscal policies and by supporting innovation and digitization.The visit also included a presentation of the latest technological innovations and research projects under development at the Titu Technical Center.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
