Dacia receives 115.8 million RON in state aid from the Finance Ministry
The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries is Automobile Dacia, with RON 115.8 million.
Automobile Dacia aims to expand its production capacity in order to increase production to meet the growing demand on the motor vehicle market, and its approved state aid amount is 115.8 million RON.
Swoboda Sibiu received 17 million RON for the extension of the production capacity for sensors in the automotive industry.
Sogefi Suspensions Eastern Europe will get 104 million RON to set up a factory for the production of components for suspension systems.
Omnia Europe wants to develop a greenfield investment for the production of starch, maltodextrin, gluten, fodder gluten and maize germs, and the amount of approved state aid is 80.5 million RON.
Martur Automotive Seating and Interiors will receive 41.3 million RON to expand its capacity to manufacture car seat components and assembled car seats.
The Finance Ministry has increased the budget of the state aid scheme by over one billion RON in the second budget rectification this year. Thus, the total budget in 2018 allocated to the state aid scheme exceeded RON 1.6 billion.