{"id":1760,"date":"2024-09-20T06:01:03","date_gmt":"2024-09-20T06:01:03","guid":{"rendered":"https:\/\/ofero.news\/?p=1760"},"modified":"2024-09-20T06:01:03","modified_gmt":"2024-09-20T06:01:03","slug":"more-details-surface-about-romanias-industrialization-plan","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=1760","title":{"rendered":"More details surface about Romania&#8217;s industrialization plan"},"content":{"rendered":"<p>The support package for large industrial investments, approved [in principle] by the Romanian government on September 18, includes, among others, an installation bonus that can represent up to 35% of the investment, deputy prime minister Marian Neacsu, responsible for the development of the project, told Radio Romania, as quoted by <a href=\"https:\/\/economedia.ro\/bonusuri-de-instalare-si-scutiri-de-impozite-in-schema-de-ajutor-pentru-marile-investitii-industriale-llansata-de-guvern.html?mc_cid=7db81a74b2&amp;mc_eid=cd1f92f96c\" target=\"_blank\" rel=\"noopener\">Economedia.ro<\/a>.<\/p>\n<p>The industrialization plan and the related support package were rather discussed, however, then approved by the government.\u00a0<\/p>\n<p>There will also be tax exemptions at the end of the investment, deputy PM Neacsu said.<\/p>\n<p>&#8220;Upon the completion of the investment, we grant an exemption of up to 20% from the payment of taxes and fees that are due for a period of five years, constituting a kind of element of indirectly securing financial resources [&#8230;]. Another set of measures we are considering are those to streamline efforts before the start of the investment, those aimed at agreements, certificates, approvals, authorizations &#8211; basically, a procedure to cut the red tape and thus speed up the investments,&#8221; Neacsu promised.<\/p>\n<p>Deputy PM Neacsu also said that the sectors targeted are primarily the manufacturing industries, particularly the metallurgical, chemical, steel, and metal processing industry \u2013 especially the copper and aluminum production.<\/p>\n<p>The state aid scheme for large industry will also need the approval of the European Commission, the deputy prime minister said.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\" rel=\"noopener\">Silviu Matei\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The support package for large industrial investments, approved [in principle] by the Romanian government on September 18, includes, among others, an installation bonus that can represent up to 35% of the investment, deputy prime minister Marian Neacsu, responsible for the development of the project, told Radio Romania, as quoted by Economedia.ro. The industrialization plan and [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1760","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1760"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1760\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}