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The establishment of state aid schemes for stimulating the investments with major impact in the economy

In the Official Gazette of Romania, Part I, no. 714 dated 30 September 2014 it was published the Government Decision no. 807/2014 for the establishment of state aid scheme aimed at stimulating the investments with major impact in the economy.

The Government Decision aims to establish a state aid scheme with significant impact on the economy, aimed at regional development through investments in all sectors, except the ones expressly provided in the law.

The new state aid scheme envisages financing as non-reimbursable amounts relating to tangible and intangible costs, as well as the expenses related to renting additional constructions regarding the initial investment.

The state aid beneficiary must provide a financial contribution of at least 25% of eligible costs, either through its own resources or by external financing, in a form not that is not subject to any other public aid.

The maximum budget for the scheme is £ 2.7 billion for the period 2015-2023, and the annual maximum budget is 450 million.

The estimated total number of firms to receive aid under the scheme is 150.

:: The source: JURIDICE.ro

Ana-Maria UDRIȘTE

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