State Aid For Investments In The Manufacturing Industry

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:

1. 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;