state aid

The Competition Council has signed the financing contract for the development of a new state aid register – Regas 2, a platform for monitoring and controlling state aid granted from national and European funds. The financing contract…

The government will approve, on Thursday, the granting of state aid of almost 100 million euros to the factory built by Nokian Tires in Oradea, announced Prime Minister Marcel Ciolacu. The tire factory, representing an…

Nokian Tyres receives an ad hoc regional state aid in the form of a grant worth 495.2 million lei, informs the Ministry of Finance, which has prepared a draft Decision in this regard. The state aid is paid until December 31, 2027, after…

Nokian Tyres, the Finnish developer and manufacturer of premium tires, obtained EUR 99.5 million (RON 495.2 million) state aid in the form of a direct grant that will support the establishment of the first zero CO2 emission tire factory in…

Continental announced the start of work on the new production module in Sibiu, the seventh, with a planned investment of over 45 million euros. Part of this will be covered by state aid allocated to stimulate investments with a major impact…

The government approved in Thursday's meeting the state aid for TAROM, worth over 470 million lei, announced the Minister of Transport, Sorin Grindeanu, who says that the decision is an important step to save the company. "Today, in the…

The European Commission approved, on Monday, Romania's plans to grant the state-owned national air carrier, TAROM, restructuring aid worth up to 95.3 million euros (473.69 million lei), based on the EU rules on aid state. "The…

Blue Air received state aid during the pandemic, and now the European Commission "orders the recovery", these are the words used by the European Executive. According to the cited source, the EC concluded that Blue Air's restructuring…

More than EUR 800 million in non-reimbursable funds for investments in green energy projects will be available within the next few weeks, where companies will be able to increase the energy efficiency of their factories or new renewable…

The European Commission approved, on Thursday, a scheme notified by Romania worth 126 million euros to support investments in ports, where trade flows have increased suddenly. The plan to grant state aid to the Danube and the Black Sea aims…