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August 8, 2022

PM Ciuca: Measure on state helping investments over one M euros comes into force on May 1

The measure meant for the business environment through which the state will provide aid for investments in the economy of more than one million euros will come into force on May 1, Prime Minister Nicolae Ciuca said.

“We are also concerned with ensuring that regulations are in place so that the business community can benefit from the measure we have set out in this package of measures, and those who will continue to invest more than one million euros in the economy will benefit from the aid. This is a measure that will take effect on May 1. The government has already prepared all the measures so that we can provide the business environment with the necessary space and support to be able to continue investing,” Nicolae Ciuca said on Thursday, at the beginning of the Government meeting.

On Monday, the head of the Executive underscored, at the presentation of the “Support for Romania” package, that investments are the engine of economic growth.

“We are considering a budget of 200 million euros to stimulate investments with a major impact on the economy. We are talking about granting state aid to encourage investments worth over one million euros, with a significant effect on regional development, with prospects for continued,” Ciuca declared.

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