The 2017 call opening for the State Aid Scheme supporting major investments in Romania (GD 807/2014) is soon to be announced by its programme operator, the Romanian Ministry of Finances. Interested parties should count with one month in advance announcement period before the official opening of the funding scheme.
It is estimated that a similar budget of 145 million euros will be available for SMEs and Large Enterprises across industries for a six weeks period for submitting their applications before the selection, detailed analysis of selected projects and award of grants is made. Funding intensities reaches up to 50% of eligible costs. Eligible investment projects will have a minimum value of 10 million euros and refer to asset investments (both equipment and construction works eligible). As the typical time for preparing a successful application is of two to four months, we invite potential companies interested to apply to check pre-eligibility of the scheme in next period, in order to benefit of those state aid funds.
Brief macroeconomic overview of Romania is available here.
For detailed information about this funding scheme, please check our presentation, as well as our study on the 2015 and 2016 results of this funding programme below.