Romania considers schemes to help steelmakers and other energy-intensive industries

05 May 2023

Romania's Economy Ministry will promote two state aid schemes for energy-intensive consumers and for the steel industry, respectively, both financed from national sources and European funds, minister Florin Spataru announced.

He met representatives of UniRomSider – the steel producers association, and assured them that the schemes would be enacted only after mutual consultations.

"We are not targeting new investors, but [we seek to consolidate] the resilience and the steel industry already existing in Romania," minister Spataru said, quoted by Economica.net.

iulian@romania-insider.com

(Photo source: Inquam Photos/Octav Ganea)

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Romania considers schemes to help steelmakers and other energy-intensive industries

05 May 2023

Romania's Economy Ministry will promote two state aid schemes for energy-intensive consumers and for the steel industry, respectively, both financed from national sources and European funds, minister Florin Spataru announced.

He met representatives of UniRomSider – the steel producers association, and assured them that the schemes would be enacted only after mutual consultations.

"We are not targeting new investors, but [we seek to consolidate] the resilience and the steel industry already existing in Romania," minister Spataru said, quoted by Economica.net.

iulian@romania-insider.com

(Photo source: Inquam Photos/Octav Ganea)

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