Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 30 July 2013 11:52

IBM gets Romanian sweeteners

Written by Nick Farrell

$27.86 million to set up 900 jobs

Biggish Blue will receive more than $27.86 million state-aid from the Romanian government for investment in a project that will generate 900 jobs.

The daily Ziarul Financiar reported that IBM Romania will receive the cash to develop an information technology consultancy project in Bucharest and Brasov. Under Romanian law, state aid is given for large investments that create new jobs. IBM has said that the entire project will cost it 51.2 million euros to set up.

Ziarul Financiar suggested that the project is the same one which was announced in 2011. That involved opening up its eleventh centre of excellence in research, specialising in medical R&D, in Târgu Mure? in Romania. That centre would be eligible for state aid but it was unclear if that centre was included in the $27.86 million package announced.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments