Imperial Hotel in Campulung Muscel opens after €1.5 million investment
The total value of the investment amounted to RON 7.788.593,26, of which 70% represents European funds, which was successfully attracted by the REI Grup team.
The total value of the investment amounted to RON 7.788.593,26, of which 70% represents European funds, which was successfully attracted by the REI Grup team.
InvestALIM results: out of a total of 37 companies - eight are projects successfully managed by the REI team.
The Modernisation Fund, Regional Programmes, Rural Development - Agriculture and Start-up Nation 2024 receive the largest allocations. Financial support ranges from €20,000 to over €57 million.
The Ministry of Finance is preparing a new state aid scheme for investments, similar to GD 807/2014: annual budget is estimated at €150 million.
As of April 2020, Romania has been in the excessive deficit procedure (EDP), as a result of exceeding, in 2019, the 3% budget deficit limit set in the Stability and Growth Pact (SGP).
In the December 2024 business cycle survey, managers in the manufacturing industry forecast a moderate decrease in the volume of production for the next three months.
Bringing forward the timetable for elimination of tax facilities for the IT industry, starting January 2025, is a deeply negative signal towards a strategic sector of the economy.
On the other hand, 28% say they are optimistic about the year ahead, with a significantly higher percentage among those with incomes over RON 6,000 (33%).
The elimination of the holiday vouchers will freeze or cancel investments in tourism infrastructure.