Results 26 - 50 from 356 for "state"
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Daimler Group Seeks State Aid for RON675M Investment in Romania
08.09.2022
Germany’s Daimler Group, which owns the Star Assembly company in Sebes and is the third largest exporter in Romania, is seeking RON185 million state aid for a total investment of RO675 million, the more
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Romania Boosts State Aid Scheme Budget For Large Investments In Country’s Economy By RON1B
08.09.2022
Romania’s finance ministry increased by RON1 billion (almost EUR200 million), to RON7.38 billion from RON6.38 billion, the maximum budget of the state aid scheme for investments with a major impact more
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EC Approves EUR149M Romanian Scheme To Support Renewable Hydrogen Production
08.08.2022
The European Commission (EC) said on Monday (August 8) that it approved a EUR149 million Romanian scheme to support the production of renewable hydrogen. more
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Finance Ministry Raises RON1.7B From Banks On August 4
08.04.2022
Romania's finance ministry raised RON1.7 billion on Thursday (August 4) from banks via two government paper auctions at annual average yields of 8.36% and 7.97%. more
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European Commission Ends Investigation into Romania’s Aid to Oltchim
07.01.2022
The European Commission closed the investigation started in 2018 with relation to the Romania’s EUR335 million aid to Oltchim, as the petrochemical company was declared insolvent in 2019 and ceased more
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Romania Unveils State Aid Scheme To Support Investments In Green Hydrogen Production
06.29.2022
Romania’s energy ministry on Wednesday said announced the launch of the competitive procedure – state aid scheme with the objective of supporting investments in capacity building for the more
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European Commission Approves Two State Aid Schemes For Romanian SMEs
06.03.2022
The European Commission approved on Friday (June 3) state aid schemes for small and medium-sized enterprises (SMEs), respectively for the IMM PROD and GARANT CONSTRUCT programs. more
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BAT Contributed EUR24B To Romania’s State Budget In Last 25 Years
06.02.2022
British American Tobacco (BAT), with a market share of 50% on the local tobacco market, on Thursday said it had contributed over EUR125 billion to Romania’s economy during its 25 years of activity more
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European Commission OKs EUR300M State Aid Scheme For Romania's Agrifood Industry
05.26.2022
The European Commission has approved a Romanian scheme worth EUR300 million (RON1.5 billion) to support companies in the agrifood industry in the context of the coronavirus pandemic. more
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European Commission OKs EUR100M Romanian State Aid Scheme To Support Forest Regeneration
05.25.2022
The European Commission (EC) has approved a Romanian scheme worth EUR100 million to support the regeneration of damaged forests and the scheme will be funded through the Recovery and Resilience more
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TeraPlast Group Gets OK For State Aid To Develop EUR11.2M Stretch Film Factory
05.19.2022
TeraPlast Group has received the financing agreement through the state aid scheme for an investment of EUR11.2 million in a stretch film production facility. more
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Philip Morris International Paid Over RON2.5B In Taxes To Romania’s State Budget In 2020
05.11.2022
Tobacco company Philip Morris International (PMI) on Wednesday said the sales of Philip Morris products on the Romanian market generated RON1.9 billion in excise taxes and RON0.6 billion in more
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European Commission Approves EUR1.9M Romanian State Aid for Tarom
05.02.2022
The European Commission has approved a EUR1.9 million Romanian aid measure to compensate Tarom for the damage suffered on 14 routes due to the coronavirus pandemic and travel restrictions between July more
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BAT Paid RON11B In Taxes To Romania’s State Budget In 2021, Up 10% Vs 2020
04.13.2022
British American Tobacco (BAT), the largest player on the Romanian tobacco market, with a market share of over 50%, on Wednesday said it contributed almost RON11 billion (EUR2.2 billion) in excise and more
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Fiscal Council: Romanian State-Run Companies End 2020 With Total Net Profit Of RON900M
03.21.2022
The profitability of Romanian state-run and private companies, exclusively the ones in the financial sector, has improved in 2020, but the financial results were decisively impacted by the massive more
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DIGI Group Contributed RON172M To Romania State Budget In Jan-Feb 2022
03.18.2022
DIGI Group, through the operations of telecommunications company RCS & RDS S.A. and of all its entities operating in Romania, paid RON172 million in taxes and duties to the Romanian state budget in more
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Romanian State Wants Seven New Interim Executive Board Members At Romgaz
02.09.2022
Romania’s State, on behalf of the energy ministry, has requested that seven new interim members of the Board of Directors should be elected at natural gas producer and supplier Romgaz (SNG.RO), in more
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At Least 90% Of State-Run Companies’ 2021 Net Profits To Be Distributed As Dividends
01.27.2022
At least 90% of the net profits registered in 2021 by state-owned companies in Romania will be distributed under the form of dividends to shareholders under a provision included in an emergency more
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Lidas Starts Building Second EUR46M Bakery Factory
01.21.2022
Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered by state more
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TeraPlast Due to Complete EUR10M Investment in Polyethylene Product Plant in 1Q/2022
01.10.2022
TeraPlast, the biggest Romanian construction materials maker, in the first quarter of 2022 will wind up investments in the polyethylene products plant, a EUR10 million project, out of which EUR4.9 more
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Windows Maker Barrier Set to Expand Bacau Plant Capacity
01.07.2022
Windows maker Barrier is expanding the production capacity of Bacau plant this year, with a state aid that will represent the final stage of a broader investment scheme. more
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Sphera Group Receives First Tranche Of RON1.3M Of State Aid Payment
12.29.2021
Sphera Franchise Group S.A., owner of KFC, Pizza Hut and Taco Bell franchises in Romania, said in a stock market report that it received the first tranche of RON1.3 million of state aid from the more
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Romania 2022 State Budget Built On Cash Budget Deficit Target Estimated At 5.8% Of GDP
12.17.2021
Romania’s 2022 state budget was built on a cash budget deficit target estimated at 5.8% of gross domestic product (GDP) and an ESA (European System of Accounts) deficit estimated at 6.2% of GDP, per more
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AmCham: Possible Increases In Public Spending Are Unsustainable And Impossible To Cover From Budget Revenues
11.15.2021
Possible increases in public spending are currently unsustainable and impossible to cover from budget revenues and will end up in an increased level of public debt, more need for loans from the more
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Romanian Government Greenlights EUR120M State Aid in 1H/2021, for 20 Projects
09.24.2021
The Romanian government in the first half of 2021 approved state aid for 20 projects set to create 2,000 jobs. The total value of 2021 projects nears EUR300 million, while overall state aid tops more