State aid for investments: A family business benefited from grants and tax incentives

A family that runs an extruded snack business has benefited from the first state aid for investments. Thus, the entrepreneur received 30 million lei, or half of the investment he expects. 7.5 million lei will be offered in the form of a non-refundable grant, and the remaining amount will be granted in the form of tax incentives. The money will be used to install modern equipment, and the expansion of the business will generate at least 60 new jo…

EU grants €8m aid for 2,400 laid-off Belgian workers

The European Commission is proposing to mobilise €8 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF) to support 2,400 workers dismissed after the bankruptcy of Belgian coach manufacturer Van Hool.