Romania: Romania to resume cash rebate scheme for film industry, pay past (...)

May 25, 2023

Romania to resume cash rebate scheme for film industry, pay past debts
May 25, 2023

Romania to resume cash rebate scheme for film industry, pay past debts.

Romania’s minister of culture, Lucian Romaşcanu, recently announced that the government has taken "an initial legislative step" to restart the cash rebate state aid scheme for the film industry and that previous debts would be paid starting from September. "Since 2017, at the suggestion of the (...)

[Read the article in Romania Business Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Alka Group Invests EUR25M In Its Ploiesti Plant Alka Group, one of the largest players on the salty and sweet snacks market and the producer of Toortitzi crackers, has recently completed a new investment round at its production unit in Ploiesti (Prahova County), reaching total investments worth EUR25 (...)

Cargus Expects 20% Growth In Revenue In 2023 Cargus, one of the largest parcel delivery companies in Romania, expects 20% higher revenue in 2023, the company said. This year’s plans are to expand to other countries in Europe.

Lion Capital Sells 5% In Argus Constanta For RON4.44M Lion Capital (LION.RO), formerly SIF Banat-Crisana (SIF1.RO) sold its 5% stake in vegetable oil producer Argus Constanta (UARG.RO) in the June 2 session, a report to the Bucharest Stock Exchange says.

Medicover Opens EUR31M Hospital In Pipera Medicover Romania, the third largest player on the private medical services market, has opened a new hospital in northern Bucharest, in the Pipera area, following an investment of EUR31 million.

Norofert Gets RON5M Loan From CEC Bank Romanian producer of organic farming inputs Norofert (NRF.RO) has notified shareholders about taking out a RON5 million loan from CEC Bank to use for working capital, a report to the Bucharest Stock Exchange shows.

Filbo And Flip.ro Conclude Partnership Enabling Small Entrepreneurs To Buy Refurbished Phones For Their Business Activity Filbo, a fintech providing financing to micro-enterprises and entrepreneurs, has concluded a partnership with Flip.ro, an online platform for the purchase of refurbished mobile telephones, through which entrepreneurs can buy refurbished phones for their business (...)

Antibiotice Iasi Gets RON4.1M Funding For Photovoltaic Park Antibiotice Iasi (ATB.RO), Romania’s largest producer of generic drugs, on Wednesday notified the Bucharest Stock Exchange of having received RON4.08 million from the Ministry of European Investment and Projects to build a 2.5 MW photovoltaic (...)