{"id":118789,"date":"2020-02-25T00:00:00","date_gmt":"2020-02-24T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/european-commission-approved-rescue-aid-for-national-airline-tarom\/"},"modified":"2026-03-07T17:41:03","modified_gmt":"2026-03-07T15:41:03","slug":"european-commission-approved-rescue-aid-for-national-airline-tarom","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/european-commission-approved-rescue-aid-for-national-airline-tarom\/","title":{"rendered":"European Commission approved rescue aid for national airline TAROM"},"content":{"rendered":"

European Commission approved rescue aid for national airline TAROM<\/p>\n

On February 24, the European Commission approved rescue aid worth EUR 36.7 million for the national airline TAROM, this being the first step in the company’s strategy to become more efficient.<\/div>\n
<\/div>\n
“The approval of the rescue aid is the first step in the national company TAROM’s strategy to restructure and streamline the company. In the coming months, the company will submit a restructuring plan and take the necessary steps for its approval and to obtain restructuring aid. The implementation of efficiency measures will transform the company after three years into a modern and efficient passenger-oriented company," the TAROM statement says.<\/div>\n
<\/div>\n
According to the airline operator, this measure will contribute to ensuring the continued operation of the company, especially on the numerous routes where TAROM is the sole provider, and will avoid disruptions for passengers without distorting competition in the single market.<\/div>\n
<\/div>\n

Source: Economica<\/a><\/p>\n

Frequently Asked Questions<\/h3>\n

What is the value of the aid approved by the European Commission?<\/strong><\/p>\n

The rescue aid approved for TAROM amounts to EUR 36.7 million.<\/p>\n

What is the purpose of this financial aid?<\/strong><\/p>\n

The aid aims to ensure the continuity of operations, particularly on exclusive routes, and serves as the first step in the company’s restructuring and efficiency process.<\/p>\n

What are the next steps for TAROM?<\/strong><\/p>\n

In the coming months, TAROM will submit a formal restructuring plan to obtain further aid and transform into a modern, passenger-oriented company within three years.<\/p>\n","protected":false},"excerpt":{"rendered":"

European Commission approved rescue aid for national airline TAROM On February 24, the European Commission approved rescue aid worth EUR 36.7 million for the national airline TAROM, this being the first step in the company’s strategy to become more efficient. “The approval of the rescue aid is the first step in the national company TAROM’s…<\/p>\n","protected":false},"author":0,"featured_media":68001,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2856],"tags":[],"thb-sponsors":[],"class_list":["post-118789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conectivity"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/transport-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=118789"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/68001"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=118789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=118789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=118789"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=118789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}