Romanian carrier Tarom gets €1.9 million in state aid

Transport Minister Sorin Grindeanu announced that he signed the executive order to grant the aid following approval from Brussels. He added that the European Commission is currently analysing a restructuring aid worth €85 million for Tarom. [Shutterstock/Gabriel Petrescu]

Romanian flag carrier Tarom has received €1.9 million in financial support to cover losses made due to the COVID-19 pandemic during the second half of 2020 after it was recently approved by the European Commission.

The aid comes from the budget of the transport ministry, the airline’s majority shareholder.

The aid covers losses during the second half of 2020 when the COVID-19 pandemic disrupted transport services.

Transport Minister Sorin Grindeanu announced that he signed the executive order to grant the aid following approval from Brussels. He added that the European Commission is currently analysing a restructuring aid worth €85 million for Tarom.

In 2020, Tarom received financial aid to cover the losses registered during the lockdown period from March to June 2020.

Subscribe to our newsletters

Subscribe