"SIX FOREIGN COMPANIES WILL BE PAID MONEY FROM THE STATE BUDGET; CIOLOS FINANCES THE MULTINATIONALS AND IGNORES ROMANIAN ENTREPRENEURS"

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Miercuri, 31/08/2016

  * Blănculescu: "State aid - one of the measures with the best results"

"State aids are one of the measures that have yielded the best results, through the investments made, the technologies developed, the creation of jobs etc.", economic consultant Ionel Blănculescu says.
  Concerning the financing announced by the Ministry of Public Finances, he said: "What we are dealing with is the allocation this year of the funding available in the package pertaining to the 2014-2020 period. It is a national program which is called «State aid», which has also been approved by the European Union, whereby the state contributes to the achievement of major objectives. Now the funds for 2016 have been unlocked. The criteria a company has to meet to qualify for such financing concern the size of the human resources and the development of equipment".

 Ionel Blănculescu claims that the shareholder structure is not a criterion based on which companies could obtain state aid. "If they meet the conditions, then companies that are 100% Romanian owned can also get a state aid. The type of shareholders doesn't matter. Besides there are domestic companies that own shares in off shore companies", he told us.

http://www.bursa.ro/english-section/six-foreign-companies-will-be-paid-m...