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Switzerland approved a grant for Romania
09/12/2009 /
Swiss Parliament approved the framework credit for Romania, representing a grant worth approximately 120 million euro, according to a press release of the Romanian Minister of Public Finance. \"The areas eligible to be funded from this contribution are security, stability and support for reforms, e... details
New investment of Continental factory
08/12/2009 /
Continental automotive products manufacturer will invest several tens of million euro in expanding its tire factory in Timisoara by building a new section for processing raw materials - the master batch. The company representatives did not wish to specify the exact amount of the investment, but the... details
No visa in UE for Macedonia, Montenegro, Serbia
01/12/2009 /
On Monday, the Swedish EU presidency announces through a press release that EU Member States decided to remove visa for citizens from Macedonia, Montenegro and Serbia starting December 19th, 2009. All persons who have a biometric passport can travel and stay up to 90 days in EU without visa. Only i... details
Over 1000 SMEs can receive state aid of up to 500 000 euro in 2010
26/11/2009 /
One of the priority projects that is waiting for the endorsement/approval of the next Government is a State aid scheme with a budget of 220 million euro, which establishes the financial support of up to 500,000 euro \"for companies affected by the current economic and financial crisis\". The Europea... details
Romania recorded in October 2009 the highest annual inflation rate in EU
16/11/2009 /
Romania recorded in October 2009 the highest annual inflation rate (4.3%) among EU Member States according to Eurostat. At EU level, the inflation rate was 0.5%, while the euro area recorded a deflation of 0.1%. The Romanian National Statistics Institute (NSI) declared that the annual inflation sto... details
Budget for financing microenterprises
09/11/2009 /
15.55 million euro, the entire budget for financing microenterprises - by 2013 can be accessed Micro-enterprises can submit investment projects to receive EU funds, starting November 23, 2009. Budget allocation is 15.55 million euro and represents the entire amount allocated to this program until 2... details
IDC Study: Labor force in IT sector in Romania will increase by 50% until 2013
05/11/2009 /
This year most parts of Romanian IT market will have a negative trend, but the increase will begin in 2010 until 2013 in several segments, such as the number of employees, shows an IDC study commissioned by Microsoft. The study shows that the number of employees will increase by 50% until 2013 and t... details