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Results 26 - 50 from 176 for "state aid"

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  • ATP Group Asks for State Aid for Truck Output Expansion; Plans to Invest Elsewhere if Aid not Granted

    08.25.2022

    Mircea Cirt, founder of ATP group made up of several companies, says he asked for state aid for an investment project entailing boosting truck production and assembly capacity 20-30 times. Should the more

  • Germany’s Knauf Insulation Plans RON648M Investment in Romania

    08.12.2022

    Insulation materials manufacturer Knauf Insulation, part of Germany’s Knauf Group, has applied for RON90 million state aid, which would be part of a RON648 million investment, the results of the more

  • Four of Top Ten Automotive Companies in Romania Plan RON1.7B Investments

    08.11.2022

    Star Assembly, Pirelli Tyers Romania, Continental Automotive Systems and Dacia Automobile, four of the ten largest players in the automotive sector in the country, are planning investments of more more

  • Carmistin Group’s Interpork Plus Set to Make RON500M Investment

    08.09.2022

    The Carmistin group owners, the Paraschiv family, are investing RON513.5 million, of which RON222.4 million is state aid, publicly available data show. more

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • Romania's EUR190M Restructuring Aid to Tarom under EU Scrutiny

    07.05.2021

    The European Commission has opened an investigation into Romania's EUR190 million support measures in favor of state-owned airline Tarom, it said in a statement Monday. more

  • EximBank Extends Financing Program Within COVID-19 State Aid Scheme For Six Months

    06.16.2021

    Lender EximBank has extended until end-2021 the financing program within the COVID-19 state aid scheme intended for large companies and small and medium-sized enterprises (SMEs), whose turnover more

  • Braiconf Borrows EUR400,000 From Raiffeisen Bank Within COVID-19 State Aid Scheme For Large Companies

    06.14.2021

    Romanian apparel manufacturer Braiconf Braila (BRCR.RO) has received a financing of EUR400,000 from lender Raiffeisen Bank, which is guaranteed by EximBank, within the COVID-19 state aid scheme more

  • Romania Launches New State Aid Scheme, With Maximum Budget Of RON3.75B, For Investment Projects

    05.28.2021

    Romania’s finance ministry has launched a new state aid scheme for investments of over RON500 million, aiming to attract 15 large-scale projects. The maximum budget of the state aid scheme is more

  • Sterk Plast Gets EUR2.5M State Aid to Expand Production in Medgidia

    04.26.2021

    Romanian plastics producer Sterk Plast has been approved for EUR2.5 million state aid for a EUR5 million investment in expanding production bat its factory in Medgidia, southeast Romania. more

  • Government Approves RON664M Grant to CE Oltenia

    04.15.2021

    Romania's government has approved a restructuring grant of RON664 million to energy holding CE Oltenia, a state-owned coal-based electricity producer. more

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