{"id":520,"date":"2024-06-14T07:01:45","date_gmt":"2024-06-14T07:01:45","guid":{"rendered":"https:\/\/ofero.news\/?p=520"},"modified":"2024-06-14T07:01:45","modified_gmt":"2024-06-14T07:01:45","slug":"romania-kicks-off-eur-450-mln-grant-scheme-for-manufacturing-industry","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=520","title":{"rendered":"Romania kicks off EUR 450 mln grant scheme for manufacturing industry"},"content":{"rendered":"<p>Romania&#8217;s prime minister <strong>Marcel Ciolacu<\/strong>, before the June 13 meeting of the executive, announced that the government is endorsing the three-year grant scheme with a budget of EUR 450 million, dedicated to supporting investments in manufacturing industries.<\/p>\n<p>The money will come from national and European budgets, the PM said, quoted by <a href=\"https:\/\/www.profit.ro\/stiri\/economie\/premierul-ciolacu-adoptam-proiect-major-investitii-tinta-fiind-acum-dezvoltarea-industriei-prelucratoare-romania-schema-ajutor-stat-buget-aproape-450-milioane-euro-3-ani-21628288?mc_cid=6785c6e834&amp;mc_eid=cd1f92f96c\" target=\"_blank\" rel=\"noopener\">Profit.ro<\/a>.\u00a0<\/p>\n<p>The grants will be given to develop new lines of business or start entirely new businesses.<\/p>\n<p>The Ministry of Economy (MEAT) announced in March that it was preparing the emergency ordinance to launch a new grant scheme for manufacturing companies operating in underdeveloped regions of the country, with a budget of nearly EUR 450 million over the three-year lifespan and EUR 150 million this year.<\/p>\n<p>A similar grant scheme was launched in December 2022 with a EUR 300 million budget to be awarded during 2023 and disbursed until the end of 2027.<\/p>\n<p>The scheme&#8217;s fundamental objectives are mainly to reduce the trade deficit from the manufacturing industry and stimulate investments in new production capacities in less developed counties.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: Gov.ro)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Romania&#8217;s prime minister Marcel Ciolacu, before the June 13 meeting of the executive, announced that the government is endorsing the three-year grant scheme with a budget of EUR 450 million, dedicated to supporting investments in manufacturing industries. The money will come from national and European budgets, the PM said, quoted by Profit.ro.\u00a0 The grants will [&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-520","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/520","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=520"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/520\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}