Romanian Finance Minister announced 171.2 million lei funding contracts to DRM Dräxlmaier (German automotive parts subsidiary) and Dacia (Renault subsidiary). DRM received 133.7 million lei for EV wire harness production expansion at Satu Mare plant, creating 400+ jobs by 2030. Dacia received 37.5 million lei for vehicle painting process modernization. These contracts are part of Government Decision No. 300/2024 national subsidy scheme supporting manufacturing industries with investments from 50 million to 500 million lei. The program has concluded 10 contracts totaling 2.59 billion lei investment with 1.146 billion lei approved subsidies, strengthening Romania automotive manufacturing base.
Romanian Government Signs €58 Million Funding Contracts with Two Automotive Companies
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