EUR 55m state aid for investments creating new jobs in Romania.

A new session for call proposals under the State Aid Scheme for jobs creation in Romania will be open between 30th of May 2016 – 10th of June 2016.

The allocated budget of this round is EUR 55m (RON 250m). This new session brings an updated version of the programme guidelines, available on the programme website.

The opening of this scheme follows a recent update from the Ministry of Public Finances – the programme operator – announcing a more market- oriented approach with the available State Aid Schemes it manages. More budget and more transparency.

This scheme offers funding volumes of up to EUR 37.5m and intensities of up to 50%, subsidizing, the total gross salary costs with the new jobs created, for a period of 2 consecutive years. More details in our detailed programme presentation. SMEs and large enterprises across industries and sectors are eligible to submit applications.

The Romanian Ministry of Finance currently runs 2 major State Aid Schemes (SAS) for 2014-2020 addressing the private sector, supporting investment in both purchase of assets and job creation, probably some of the most attractive schemes across the entire EU.

Winnovart has presented in a recent study an overview of the results and beneficiaries of the 2 schemes.

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