With a total budget of RON2.7 billion and a maximum annual budget of RON450 million, the scheme targets the financing of tangible and intangible asset costs of a company’s initial investment. Payments under the aid scheme will be made between 2015 and 2023.
According to the government decision, companies looking to benefit from the scheme must initially invest at least RON44 million (EUR10 million) in building a new unit, expanding an existing unit, diversifying production range or a fundamental change in the general production process of an existing unit.
To be considered eligible, intangible asset costs may not exceed 50% of all eligible costs of the investment.
The aid scheme targets to stimulate only investments with a major impact on the economy and the Finance Ministry estimates around 150 businesses will benefit from financing. The government is looking to encourage investment in high-tech fixed assets for products with high added value.