State Aid Schemes And EU Funds – Instruments For Financing Projects In Romania

Over the past years, banks operating in the Romanian market have been approached with an increasing number of financing projects that aim to benefit from financial support from either state aid schemes or EU financing programmes.

State aid

Since 2007, the Romanian State has opened five state aid schemes, three of which are still active.

Two of the active state aid schemes were introduced in 2008 (approved by Government Resolution [GR] no. 753/2008 [Scheme 753] and by GR no. 1680/2008 [Scheme 1680]). In 2012 beneficiaries of these state aid schemes included SC Bosch Rexroth SRL (sensors manufacturing), SC Clinica Polisano SRL (equipping a new medical clinic), SC DRM Draxlmaier SRL (auto motive cables) and SC Rom cab SA (production of electric cables).