NEW State aid scheme for new investments, including companies in the services sector

September 17, 2012

We would like to inform you that the Romanian Government has published a new state aid scheme to support investments that promote regional development by using new technologies and creating jobs.

The period of project submission and signature of grant agreements is 2 years: 2012-2013, and state aid payment is made by 2018.

The total amount allocated for this scheme is the equivalent in lei of 100 million euros. 

The maximum aid granted for a project is the equivalent in lei of 28.125 million euros (22.5 million euros for Bucharest – Ilfov) and financing is up to 50% (40% for Bucharest-Ilfov) of the wage costs with newly employed staff over a period of 2 years. 

This scheme finances initial investments that include a 20% component of ITC and create at least 200 jobs in the following sectors:

• Manufacturing

• Production and supply of electricity, gas, water, steam and air conditioning

• Software editing activities

• Telecommunications

• Information technology services activities

• Research and development

Therefore,  if you are interested in getting more information about specific conditions for accessing this type of financing, please contact us.

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