The Ministry of Public Finance administers the state aid scheme established by GD no. 807/144, which aims at regional development by stimulating investments with a significant impact on the economy through the financing of tangible and intangible assets related to investment projects. The total budget in 2018 allocated to the State aid scheme established by GD no. 807/2014 exceeded 1.6 billion lei.
In order to facilitate access to financing for as many as possible investment projects, with a major impact on the economy, MPF has adopted a number of changes for the flexibility and simplification of the state aid scheme 807/2014, one of the most important being the lowering of the minimum ceiling of eligible investment projects from the initial value of 10 million, subsequently amended to 3 million, reaching 1 million euro. The initial investment, expansion, diversification and not just the replacement of furniture or equipment are eligible.
An existing company must:
- have not been in difficulty in the previous tax year;
- have positive equity.
In the case of a newly established company, it must be owned by persons who have not already acted in the same field and must have a minimum share capital of 100,000 RON.
The condition for accessing the grant is to pay taxes and duties (corresponding to wages, corporate tax, local budget, etc.) in the minimum amount of the grant received for 5 years after the investment is completed.
The session is open until the evaluation of the submitted projects, and the projects are approved according to the "FIRST COME, FIRST SERVE” principle within the limit of the total allocated budget.