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Prime Minister Nicolae Ciuca encourages companies to invest in Romania

Prime Minister Nicolae Ciuca encourages companies to invest in Romania

Articol de Radiojurnal, 20 Aprilie 2022, 03:06

Prime Minister Nicolae Ciuca encourages companies to invest in Romania and promises them legislative stability, predictability and support measures.

He declared, within the Council of Foreign Investors, that the best solution for any type of crisis is investments, and the Romanian Government has taken a significant step in this direction, allocating for 2022 the largest budget in the last 30 years for investments, namely 88 billion euros.

In his opinion, the economic environment responded positively to the measures taken by the Executive and in the first two months of this year foreign investment increased by 10% compared to the same period last year.

Prime Minister Nicolae Ciuca also announced that the Executive is preparing the new state aid scheme for investments of over 1 million euros, but the programs also target SMEs, as is the latest support package worth 4.7 billion euro.

Translated by: Radu Matei

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