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:
• Production and supply of electricity, gas, water, steam and air conditioning
• Software editing activities
• 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.