03.02.2021

Romanian lawmakers on Tuesday approved the country's 2021 state budget in the form proposed by the government, meaning a cash deficit target of 7.16% of the gross domestic product and frozen wages in more

02.05.2021

The European Commission said Friday it has opened an in-depth investigation to assess whether Romanian support measures in favor of energy holding CE Oltenia are in line with EU rules on state aid to more

01.11.2021

Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, announced Monday it was selected for Ron40 million state aid to invest in a more

01.05.2021

Romania’s Prime Minister Florin Citu announced Monday evening that state-owned companies with losses will receive state budget funds only based on restructuring plans. more

12.23.2020

Construction material producer TeraPlast Group (TRP.RO) has received the financing agreement for the state aid project submitted in November by TeraPlast Folii Biodegradabile SRL, its biodegradable more

11.23.2020

The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million) Romanian aid scheme to compensate Romanian regional airport operators more

11.23.2020

Austrotherm Romania, the local division of Austria’s Schmid Industrie Holding which produces polystyrene for constructions, has received state aid for a EUR3 million project aimed at expanding one more

11.20.2020

The European Commission announced Friday it has approved a scheme aimed at granting subsidies for airlines resuming or starting flights to and from Sibiu International Airport in Romania. more

11.19.2020

Romania's government has approved a memorandum to include EUR1.3 billion state aid for the restructuring of energy holding CE Oltenia in the state's budget policies for the period 2021-2025. more

11.16.2020

TeraPlast Group (TRP.RO), the largest Romanian construction materials manufacturer, will build a new factory within the TeraPlast Industrial Park in Saratel, Bistrita-Nasaud county, a project totaling more

11.05.2020

Construction material producer TeraPlast Group (TRP.RO) has requested state aid of around EUR5.8 million for a project totaling nearly EUR12 million within a state aid scheme aiming to stimulate more

10.02.2020

Romania's finance ministry has granted state aid to companies in the past 11 months totaling RON664 million for 21 projects with a major impact on the economy and regional development projects. more

10.01.2020

Construction material producer TeraPlast Bistrita (TRP.RO) has requested state aid of nearly EUR4 million to finance an investment project totaling EUR7.9 million in enhancing production capacity. more

09.25.2020

Romania's regional airports in Cluj, Iasi, Sibiu, Craiova and Bacau will receive state aid totaling RON22.2 million to compensate for losses incurred in the period May-June due to pandemic-related more

09.23.2020

Romanian household manufacturer Electroarges (ELGS.RO) in Curtea de Arges has received a state aid of maximum RON27.7 million from the Ministry of Public Finance, which will be used for the expansion more

08.06.2020

The European Commission has approved a direct grant of approximately RON4.8 million (around EUR1 million) to Timisoara Airport to compensate for the damage suffered due to the coronavirus outbreak. more

08.05.2020

Romanian aircraft parts maker Romaero (RORX.RO), a strategic company for Romania’s aerospace and defense industry, is undergoing a restructuring process aimed at reducing its state budget debts by more

07.28.2020

The European Commission announced Tuesday it has approved a EUR1 million Romanian scheme for those airlines resuming or starting flights to and from Oradea airport in Romania. more

06.23.2020

Hidroelectrica, the largest electricity producer and the most profitable state-owned company in Romania, has summoned its two shareholders – the Romanian State, with an 80% stake, and investment more

06.11.2020

The Bucharest Stock Exchange on Thursday said the Romanian Parliament's adopting a bill banning for two years the listing of state-owned companies restricts the state's ability to use capital markets more

06.10.2020

Romania's lower chamber of parliament on Wednesday adopted a bill that would suspend all disposals of shares owned by the Romanian state a period of two years. Prime minister Lucovic Orban said the more

06.10.2020

Property restitution fund Fondul Proprietatea (FP.RO) urges lawmakers to reject a bill that would suspend all disposals of shares owned by the Romanian state a period of two years. more

06.09.2020

A bill banning the sale of state shares in state-owned companies, banks or any other company for two years to protect national interest in the economy would hinder the development of the local capital more

05.26.2020

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05.11.2020

The European Commission has approved, under EU State aid rules, Romanian plans to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs more