The program is the main funding source for some of Romania’s strategic infrastructure programs and its beneficiaries include Romania’s national roads and highway authority CNADNR and railway company CFR SA.
The payments were suspended in June 2012.
The program’s management authority has a budget of EUR4.5 billion from EU structural funds and currently has expenses of RON1.2 billion (around EUR260 million) to be reimbursed by the EU, the ministry said.