05.11.2016

The Romanian Government increased by 50% the annual maximum budget for stimulating investments in economy, from EUR100 million to EUR145 million, following a legislative amendment. more

04.13.2016

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04.08.2016

The European Commission on Friday said it opened an in-depth probe to verify whether debt write-offs by the Romanian state and continued supplies by state-owned enterprises in favor of Romanian more

02.18.2016

The Romanian Government has assigned over RON105 million to facilitate the closure of uncompetitive coal mines within state-run mine closing company Societatea Nationala de Inchideri Mine Valea Jiului more

01.12.2016

Romanian Economy Ministry, majority shareholder of aircraft maker Avioane Craiova (AVIO.RO), wants the company to get a state aid for restructuring, as its debts exceeded RON116 million at the middle more

09.03.2015

EKR Elektrokontakt Romania, part of Germany’s Nexans, will invest 80 million lei (EUR18 million) in building a wiring plant in Targu-Jiu, Gorj County (southern Romania). The investment will create more

07.31.2015

The European Commission has opened two investigations to examine if measures in favor of two publicly-owned airports in Romania, Cluj-Napoca International Airport and Targu Mures Transilvania Airport more

07.24.2015

Germany's Karcher will receive a state aid of 37 million lei (nearly EUR8 million) for building a 22,000 sqm cleaning equipment factory in Curtea de Arges, in a EUR20 million investment, according to more

06.29.2015

The Romanian Government will grant a new loan to energy holding CE Hunedoara, in the amount of RON167 million, as individual state aid for rescue, but attached certain conditions to the loan. more

06.12.2015

The European Commission has concluded, following an in-depth investigation, that electricity supply contracts signed by Romanian state-owned electricity generator Hidroelectrica with certain more

04.24.2015

Bosch Rexroth will receive EUR16,6 million state aid to invest EUR33 million in expanding its production of automotive sensor plant in Blaj, Alba county, that will create around 570 new jobs. more

04.21.2015

The European Commission has approved a rescue aid worth approximately EUR38 million for energy holding CE Hunedoara, owned by the Romanian Energy Ministry, EC said in a statement Tuesday. more

04.14.2015

The Romanian government plans to give energy holding CE Hunedoara an individual state aid representing a six-month loan worth nearly RON100 million (EUR22.67 million) from the privatization fund, more

03.30.2015

European Commission has decided that Romania has to recover compensations granted to brothers Ioan and Viorel Micula following the abolishment of an aid scheme targeting investments in disadvantaged more

03.19.2015

Restructuring announced at energy holdings Hunedoara and Oltenia, which operate the largest thermal power plants in the country, will probably be dramatic, and the biggest stake in the move is state more

02.18.2015

The Romanian government will assign state aid of RON143.4 million (EUR32.3 million) this year for the shutdown of noncompetitive coal mines. more

12.30.2014

Private security company Alistar, Japanese-held automotive component manufacturer Yazaki and private medical service provider Pelican might create more than 6,000 jobs if their state aid applications more

12.11.2014

Romania's energy-intensive industry, such as the steel industry, requires European funding and state aid to avoid shutting down production units, ArcelorMittal Romania country manager Ionel Bors said more

12.08.2014

Small and medium-sized manufacturing businesses could benefit from a state aid scheme wherein they could receive as much as EUR100,000, under a EUR250 million program the Ministry for SMEs seeks to more

11.10.2014

The Romanian Government will have to notify the European Commission of the state aid for the construction of a 1,000-megawatt hydropower plant in Tarnita-Lapustesti, worth over EUR1 billion, more

09.17.2014

Romania's government on Wednesday approved a RON2.7 billion (EUR600 million) state aid scheme to benefit companies by 2020. more

09.10.2014

The Romanian government will launch a state aid scheme for businesses, valid until 2020, with a total budget of RON2.7 billion (EUR600 million) to finance tangible and intangible asset costs of a more

07.16.2014

Building material producer AdePlast, controlled by businessman Marcel Barbut, renounced the EUR7.3 million state aid it got last year for the construction of a stone wool plant, an investment that more

07.07.2014

Companies receiving state aid in the form of lower green certificate quotas are forced to keep layoffs to less than 25% of the staff registered at the time they become eligible for the state aid more

06.24.2014

ArcelorMittal Galati and Alro slashed their headcount by 74% and 33%, respectively, since privatization until 2013, with over 21,000 people losing their jobs. However, they are set to benefit from more