The firms targeted by the scheme operate in the sectors of manufacturing industry, wholesale and retail trade and accommodation services. The aid will take the form of direct subsidies.
The measure aims to help companies to fund investments in movable immovable assets and will benefit some 1,000 firms. The Commission found that the Romanian scheme meets the conditions provided in the temporary framework.
“The support will not exceed 1% of the total budget of the scheme per beneficiary; it will be useful for investments in movable and immovable assets, but not for financial investments; it will not exceed the maximum thresholds set for aid in the temporary framework and is granted until December 31, 2022”, the Commission said in a statement.