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Romania: State Aid Call for Submission of Applications Will Open on 15 June

Romania: State Aid Call for Submission of Applications Will Open on 15 June

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The Ministry of Finance has recently announced officially the opening of a call for submission of applications under the state aid scheme regulated by Government Decision no. GD 807/2014 for financing assets. The period for submitting financing requests is scheduled between 15.06.2022-26.07.2022, when investors may file the relevant documentation.

The available budget for this session is of approximately EUR 140 million (RON 700 million). 

The current state aid scheme for assets was launched in 2014 by the Ministry of Finance, with the main purpose to support regional development through capital intensive investments. The grant received from the Romanian state finances up to 60% of the investment value, depending on the region of implementation.

By Iulian Sorescu, Partnerand Sebastian Popescu, Counsel, Noerr  

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