1. Overview
Romania has recently launched a State aid scheme for the purpose
of encouraging investments in the manufacturing industry, with
view, on the one hand, to overcome current extensive labour
shortages and the diminished trade flows to and from Ukraine caused
by the armed conflict therein, and, on the other hand, to
facilitate access to new international markets.
Specifically, Government Decision no. 959/2022 on the
establishment of a State aid scheme providing grants for
investments in the manufacturing industry (the
“Scheme”) proposes measures to stimulate the Romanian
economy in terms of value chain development, with focus on two
lines of action:
- supporting economic operators in Romania to develop the
production potential for materials, products, equipment and/or
services in demand on the market, by ensuring the necessary sources
of financing and production capacities;