The projects receive non-reimbursable financing from the EU.
The cumulated value of projects in the industrial field, co-financed by BCR, reached RON3.22 billion, followed by environmental projects (RON2.96 billion), projects for rural development, agriculture and fishery (RON2.92 billion) and projects in the transports sector (RON2.87 billion), according to data presented Wednesday by Ioana Gheorghiade, executive manager of BCR’s Department for Public Sector and Infrastructure Financing.
The largest EU-funded projects co-financed by BCR target the environmental infrastructure (two projects worth RON685 million and RON513 million, respectively) and the energy sector (RON513 million).
Romania’s absorption rate of EU structural funds stood at 13.43% in April this year.