The aid, available to SMEs that make investments and create new jobs, will be disbursed until the end of 2015 instead of the previously set term of 2016.

Under a scheme available for the period 2013-2014, Romania grants de minimis aid of up to EUR200,000 per firm over a three-year period to SMEs which make investments and create new jobs.

Authorities estimate around 2,000 SMEs will benefit from the aid.

Beneficiaries must meet several requirements, including to create five new jobs (for aid of up to EUR100,000) or seven new jobs (for aid ranging between EUR100,000 and EUR200,000) and keep them for at least three years.