BUSINESS

EUR 420,000 from the EU to support Oltenia-based companies

The South-West Oltenia Regional Development Agency and the UK-based Wakefield Development Agency obtained European funds worth some EUR 420,000 for developing management abilities at firms located in the Oltenia region of Romania, and for promoting entrepreneurial culture, Mediafax reports. A delegation of the Wakefield District from the United Kingdom will be in Craiova until July 24, as part of a visit organized by the British Embassy in Bucharest, in view of launching the fourth partnership project between cities from Romania and the United Kingdom. The British delegation, which includes local council members and leaders of the Wakefield Development Agency, is led by British Ambassador Robin Barnett. “The British Embassy supports the pragmatic partnerships between our regions and cities. A number of such successful projects came to life these years, like Cluj-Cardiff, Brasov-Leeds, Timisoara-Nottingham and West Midlands-Prahova. The commercial component represents a key element in this type of partnerships,” the British diplomat stated. While being in the Dolj County, the British Ambassador will attend the beginning of a technical project staged by the Ministry of Agriculture, on World Bank financing. Of late, local administrations have made real progress in fields important for the economy, like agriculture, Ambassador Barnett pointed out.

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