state aid

More than €1.5 billion in grants is available to entrepreneurs this summer for investment in several key sectors of the economy - with start-ups, micro-enterprises, SMEs and large enterprises all targeted for new investment opportunities,…

The European Commission has approved a €16 million increase in state aid for the "Rehabilitation of Bucharest's District Heating System" project—an investment of strategic importance for improving the capital city's heating network…

The European Commission has concluded that Romania’s recapitalisation of the fully state-owned CEC Bank with 200 million euros (one billion lei) does not constitute state aid within the meaning of EU state aid rules, the Commission said in…

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…