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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Romanian small firms hesitate in applying for microgrants

Only 21,000 Romanian small firms applied for the EUR 2,000 micro-grants on the platform launched by the Economy Ministry until Friday, October 16, at 18.00.

Thus, in the first week, not even half of the 50,000 companies expected to share the EUR 100 million budget have submitted requests.

Thus, the Economy Ministry extended the application period until October 21.

Still, the business consultants believe that the ceiling will not be exhausted until that date, either.

"I am sure that the budget will not be exhausted until October 21. I believe that the low interest is mainly because potential beneficiaries are not sufficiently informed or are discouraged by various contradictory information they read online," Cristina Itcus, managing partner at CBS Custom Business Solutions, which provides consultancy on EU funds, told Ziarul Financiar.

(Photo: Henning Marquardt/ Dreamstime)

[email protected]

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Romanian small firms hesitate in applying for microgrants

Only 21,000 Romanian small firms applied for the EUR 2,000 micro-grants on the platform launched by the Economy Ministry until Friday, October 16, at 18.00.

Thus, in the first week, not even half of the 50,000 companies expected to share the EUR 100 million budget have submitted requests.

Thus, the Economy Ministry extended the application period until October 21.

Still, the business consultants believe that the ceiling will not be exhausted until that date, either.

"I am sure that the budget will not be exhausted until October 21. I believe that the low interest is mainly because potential beneficiaries are not sufficiently informed or are discouraged by various contradictory information they read online," Cristina Itcus, managing partner at CBS Custom Business Solutions, which provides consultancy on EU funds, told Ziarul Financiar.

(Photo: Henning Marquardt/ Dreamstime)

[email protected]

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