The EU Commission approves a Romanian scheme worth €500M to support companies in the context of Russia’s war against Ukraine

State aid: Commission approves €500 million Romanian scheme to support companies in the context of Russia's war against Ukraine* The European Commission has approved an approximately €500 million (RON 2,500 million) Romanian scheme to support companies across sectors in the context of Russia's war against Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022 and amended on 20 July 2022 and on 28 October 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union (‘TFEU'), recognising that the EU economy is experiencing a serious disturbance. The Romanian measure Romania notified to the Commission, under the Temporary Crisis Framework, an approximately €500 million (RON 2,500 million)

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  • European Commission - DG COMP (Brussels)

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European Commission, The EU Commission approves a Romanian scheme worth €500M to support companies in the context of Russia’s war against Ukraine, 17 November 2022, e-Competitions November 2022 - II, Art. N° 109613

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