Deadline for presenting applications for subsidizing job creation extended

The time limit for submitting applications for subsidizing the creation of new jobs was extended by a month, until August 31, IPN reports. Under the regulations approved last yearend, each newly created job is subsidized with 40,000 lei.

The measure is intended for business entities that will increase the number of employees by at least 100 persons. The monthly average salary at the company for newly employed persons should not be lower than 75% of the average monthly official salary. The company should also have no debts to the national public budget.

Applications can be submitted online through the agency of the E-application portal or in written form, to the Ministry of Finance.

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