State aid of 300 million euros for the manufacturing industry

RADIO ROMANIA NEWS - The government has approved a state aid scheme of 300 million euros regarding grants for investments intended for the manufacturing industry.

This measure will benefit the companies in the relocation process from the Russian Federation, Ukraine and Belarus, as well as others - said the Minister of Economy, Florin Spataru.

Florin Spataru: " It is a scheme that we worked on together with the Ministry of Finance, the Competition Council, but also with the business environment. This state aid scheme will address companies. With the help it, practically, Romania manages to support companies in the development of new capabilities that respect environmental conditions, but also lead to increased competition at European level."

Translated by: Radu Matei