Italians of De’Longhi, supported by Government through state aid for investment at Jucu

De’Longhi company will be supported by the Government of Bucharest through the granting of a state aid for developing the investment planned in the former Nokia production halls at Jucu, Cluj County (central-western Romania), mentions a Government press release, at the end of a meeting between the ex-Premier Emil Boc and the Italian officials.Italian company’s CEO and majority shareholder representative Fabio de’Longhi participated in discussions at the Victoria Palace.

Fabio de’Longhi presented Prime Minister Boc the investment project he intends to develop in Cluj County and the Romanian official assured him that the Government would support the investments and the job creation in the area, by granting a state aid in accordance with the provisions of the scheme established through Government Ordinance 1680/2008 and administrated by the Public Finance Ministry (MFP), included.

MFP Secretary of State Bogdan Dragoi, Prime Minister’s State Adviser Andrea Paul Vass and Government Spokesperson Ioana Muntean also attended the meeting on Thursday on Romania’s behalf.

On January 25 this year, Finnish company Nokia announced signing an agreement with De’Longhi enterprise for the takeover of the production halls of the phone plant at Jucu, which had been closed in 2011.

De’Longhi is one of the worldwide leaders on the home appliances market, especially in the sector of coffee machines, kitchen appliances, home care and home comfort appliances. The group has an approximate 1.4 billion euro turnover and is listed on the stock exchange of Milan.

Related posts

Leave a Comment