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Two more Romanian investment funds get EUR 50 mln from Recovery Equity Fund

Romania's PNRR (Recovery and Resilience Plan) allocated EUR 50 million to two local investment funds, Early Game Ventures II and BoldMind, via the Recovery Equity Fund (REF) managed by the European Investment Fund (EIF). "So far, including the approvals mentioned above, the Committee has approved...
Dragos Ro Teodora Preoteasa Ziarul Financiar Competitiveness Operational Program European Investment Fund Ministry Of Investments

New taxes and fees

The new school year brought us new fees and taxes in the first month of autumn, following the fiscal changes assumed in the Government Parliament to reduce the budget deficit. Threatened by the European Commission with the cut of allocations from EU funds, the Ciolacu government had to, after inheriting the draft law on new fees and taxes throughout the summer season, go with it to the Parliament, hoping that it would be approved at the Ecofin Council meeting the new budget deficit target that i...
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Source: bursa.ro

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The company Intelactsoft (Intelligence Act SRL) launches Inctrl.ai, a unique recruitment platform in Romania, after an investment of almost 8 million lei - Nine O' Clock - first exclusively daily publication to appear in English language in Romania

The company Intelactsoft (Intelligence Act SRL) launches on the market Inctrl.ai, an IT recruitment platform, developed through a project financed from the European Regional Development Fund through the Competitiveness Operational Program 2014-2020 in value of 7,977,612.78 lei, of which non-refundable financial assistance of 4,451,632.11 lei (3,783,887.30 lei representing the ERDF and 667,744.81 lei national budget).
European Regional Development Fund Competitiveness Operational Program Intelligence Act App Store

In 2023, Bento targets 46.7 million lei in revenues and a net profit of 9.3 million lei - Nine O' Clock - first exclusively daily publication to appear in English language in Romania

Bento, Intellectually Curious (BVB: BENTO), a Romanian entrepreneurial company listed on the AeRO market of the Bucharest Stock Exchange, specialized in the development and implementation of software solutions and the provision of IT and Cloud infrastructure services, targets operating revenues of 46.7 million lei in 2023, a 32% increase compared to 2022, EBITDA of 11.8
Distributie Energie Electrica Radu Scarlat Bucharest Stock Exchange Software Development Competitiveness Operational Program Intellectually Curious

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