The Romanian Ministry of Finance activates approved State aid scheme under which it offers investors non-reimbursable funding for investments made in Romania with significant economic impact

1. Introduction On July 30, the Romanian Ministry of Finance issued an order launching the procedure whereby investors may obtain non-reimbursable funding for investments made in Romania. The funding is regulated by Government Decision no. 807/2014 on the setting up of a State aid scheme having as object the stimulation of investments with significant economic impact (“Scheme”), enforced for purposes of the measures discussed herein by Order no. 2629/July 30, 2018 of the Minister of Finance approving the guide for applicant seeking financing under the Scheme. The specific aim of the Scheme is to foster regional development via investments with “significant economic impact”. The Scheme was thus issued under the regional development related provisions of Commission Regulation (EU) no.

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Maravela, Popescu & Asociatii (Bucharest)

Quotation

Alina Popescu, The Romanian Ministry of Finance activates approved State aid scheme under which it offers investors non-reimbursable funding for investments made in Romania with significant economic impact, 30 July 2018, e-Competitions State aid schemes, Art. N° 97732

Visites 34

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues