Today the Government announced a new state aid scheme for companies investing in Romania.
The new state aid program finances up to 50% of labor costs for employers that create a minimum of 20 new jobs by means of an initial investment.
We expect the Decision to be approved in May 2014. Even though minor changes may be operated, we expect the key points to remain the same.
Interested companies will be able to submit applications for these grants starting July 1st, 2014.
Read more about this here: New State Aid Scheme 2014