AcasăEurope NewsRomania participates with 3.4 million euros annually in North Atlantic Alliance Innovation...

Romania participates with 3.4 million euros annually in North Atlantic Alliance Innovation Fund

Published on

The Government approved on Wednesday the Emergency Ordinance that covers some measures for Romania’s participation in the North Atlantic Alliance Innovation Fund, according to Agerpres.

„From the perspective of Romania’s participation in the North Atlantic Alliance Innovation Fund, the Emergency Ordinance the Government approved today aims to implement the commitment that Romania has assumed, under the signature of the president of Romania, Klaus Iohannis. It is a commitment assumed and signed as such at the NATO Summit in Madrid, in the summer of this year, in June, and aims at measures to stimulate the growth of Romania’s economy, with a major contribution to the development of the national research-development system and the implementation of technological projects, with benefits for the Romanian research and development institutes, but also for companies in the private sector, which have a strong impact on society and the economy. At the same time, participation in this fund will encourage the development of new companies and economic sectors related to emerging technologies,” the gov’t’s spokesperson Dan Carbunaru said.

He specified that the value of Romania’s participation for the establishment of this investment fund is 3.4 million euros, an amount that will be provided for in the annual budget of the Ministry of Research, Innovation and Digitization.

Agerpres

Latest articles

Romania, directly interested in domestic defence production, additional measures to combat security threats

Romania is directly interested in having industrial facilities on its soil that can secure...

The National Strategy and Forecasting Commission downgrades to 2.8% economic growth projection for 2024

The National Strategy and Forecasting Commission (CNSP) changed the economic growth projection for this...

August 2024 unemployment rate in Bucharest stays below 1pct

As many as 9,831 unemployed people, including 5,590 women, were reported at the end...

Romanian kinderkarten and school European Innovative Teaching Award recipients

A kindergarten and a school in Romania have been awarded by the European Commission...

More like this

Romania, directly interested in domestic defence production, additional measures to combat security threats

Romania is directly interested in having industrial facilities on its soil that can secure...

The National Strategy and Forecasting Commission downgrades to 2.8% economic growth projection for 2024

The National Strategy and Forecasting Commission (CNSP) changed the economic growth projection for this...

August 2024 unemployment rate in Bucharest stays below 1pct

As many as 9,831 unemployed people, including 5,590 women, were reported at the end...