The Romanian government announces new measures to support the business environment

The measures to support the business environment are as follows an aid of up to 400,000 euros per company will be granted for small and medium taxpayers with over 15% expenses for utilities. The program enters into force on June 1st.
The beneficiaries of the measures are small and medium enterprises (SMEs), large investors, carriers and distributors, ongoing public investments, generally the Romanian economy. 300 million euros will be allocated to support SMEs that are facing difficulties due to the effects generated by the regional context.
-Granting a state aid to encourage investments worth over one million euros, with an important effect of regional development, with prospects of continuation. The program takes effect from May 1st.
- For the transport and distribution companies, affected by the increase in fuel prices, a support mechanism will be implemented, through which a subsidy of 0.50 lei / liter of fuel will be granted. The beneficiaries will be approximately 4,000 companies.
-Employees in technical unemployment will benefit from 75% of their salary by the end of the year, from May 1. The value of the program is 450 million lei, comes through the Program from European funds.
-Continue the Kurzarbeit Program from May 1.c.