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Monday, 12 Nov

Prime Minister Viorica Dăncilă attended the signing ceremony of some financing agreements granted under the state aid scheme 807/2014 to stimulate investments with major impact on the economy

Address by Prime Minister Viorica Dăncilă at the signing ceremony of some financing agreements granted under the state aid scheme 807/2014 to stimulate investments with major impact on the economy

 

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Ladies and gentlemen,

Dear investors,

I admit that I have been looking forward with great interest to the signing of the first financing agreements granted this year under the state aid scheme to stimulate investments with a major impact on the economy.

I state this for several reasons. Firstly, because these investment projects, which will be developed with government support, will bring added value to the Romanian economy through the multiplying effect.

These are investments in areas with major impact on the economy, with an economic and social impact, and I refer to the automotive industry, the construction materials industry, the aerospace industry, healthcare and social assistance.

The projects for which the financing agreements are signed in this first stage, amount to a total value of 1.3 billion lei. Government aid is consistent - almost 500 million lei.

I would also like to emphasize the social benefits. The development of these investments will help create nearly 2,000 jobs in fields in which Romania has highly skilled labor force.

I equally state that I am glad that I have succeeded, in the present tenure, to open this government programme to companies with Romanian capital too. Let us make it possible for domestic firms to access this state aid scheme to a greater extent.

As you know, this year, we changed the eligibility conditions, reducing the threshold for eligible investments to receive funding through this program, initially from 10 million to 3 million euros, and following the Government meeting on Friday from 3 million to 1 million euros. The fact that seven of the nine companies that will receive funding, have Romanian capital confirms that we have made the right decision.

These are measures that, along with other governmental decisions and policies, are designed to stimulate investment and contribute to Romania's development.

As a conclusion, I want to congratulate the investors who will benefit from the funding of the nine projects.

In conclusion, I would like to congratulate the investors who will benefit from the financing of the nine projects.

I would like to assure both those present here as well as all the Romanian and foreign businesspeople that they have a partner at Victoria Palace.

Thank you.



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