Investments in equipment and construction
Large companies have the possibility to access non-reimbursable EU grants to invest in different types of assets, particularly equipment and construction that are needed to develop their performed activity, within the following financing opportunities:
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Investment type |
Financing instrument | Project submission period |
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Investments in equipment and construction |
State aid scheme for stimulating investments with a major impact in economy (GD 807/2014) |
Previous session: 01.01-25.06.2015 New session: not announced at the moment |
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⇒ In the following sections we present information for each type of the above mentioned investments which can help you in drafting a project idea. ⇒ For detailed information regarding: eligibility of your project idea, calendar of the calls, preparing the financing application, project management, team training and more other opportunities please contact us or send the contact form. |
| Investments in equipment and construction |
Financing opportunity: State aid scheme for stimulating investments with a major impact in economy (GD 807/2014)
Project value:
- Minimum eligible value: 10 mill. Euro;
- Maximum eligible value:
- Up to 11,25 mill. euro (2014-2020) and 7,5 mill. euro (2018 – 2020), for Bucharest;
- Up to 26,25 mill. euro for West and Ilfov region.
- Up to 37,5 mill. euro in North-West, Centre, North-East, South-East, South Muntenia, South-West Oltenia.
Non-reimbursable grant percentage (of eligible costs):
- Up to 15% (2014 -2017) and up to 10% (2018-2020) – for Bucharest;
- Up to 35% – Ilfov and West;
- Up to 50% – North-West, North-East, South-Muntenia, South-West Oltenia.
Eligible activities/expenditures:
- Initial investments – investment in tangible and intangible assets located in the same area, related to: founding of a new unit; extend the capacity of an existing production unit; production diversification of an unit through products which have not previously been made in that unit or a fundamental change in the overall production process of an existing unit;
For Bucharest there are financed only initial investments for a new economic activity;
- Initial investments for new economic activities – investments in tangible and intangible assets located in the same area, related to founding a new unit or diversify the activities of an existing unit while the new activity doesn’t have to be identical or similar to previous activities in the unit;
Types of eligible expenditure:
- Expenditure with tangible and intangible assets acquisition and development.
Tangible assets – the assets associated to the initial investment and represented by:
- constructions;
- new technical installations, machines and equipment with a minimum entry value for fixed assets according to the legal provisions in force (2.500 lei and an amortization period of minimum 1 year).
The maximum eligible value for constructions is 1.650 lei/sq. m., or the equivalent of approximately 375 euro/sq. m.;
In order to be considered eligible, the costs corresponding to the intangible assets cannot exceed 50% of the total eligible costs of the investment.
- In the case of renting the constructions corresponding to the initial investment, the maximum eligible value of the rent cannot exceed 22 lei/sq.m./month.
Building acquisition, modernization and rehabilitation are not eligible for financing through the state aid scheme.