Government Decisions were adopted concerning state aid

Two state aid schemes to be managed by the Ministry of Economy and finance were adopted by Government Decisions. Their approval is in agreement with the provisions of Community Treaties in force in this field.

The first scheme concerns regional state aid. The rules of this scheme will apply to companies who, through the non-refundable financing they access, accomplish investments worh at least 30 million euro and create a minimum of 300 jobs. The scheme seeks to incentivise economic growth supporting investments and increase in number of jobs by supporting direct investments with significant impact on economy, in view of reducing the gap between gross domestic product in Romania and its European Union average value.

The second scheme adopted by Government Decision refers to minimis aid of up to euro 200 000/company within a timespan of three consecutive fiscal years for developing or modernizing small enterprises which have a role in the use of resources and workforce locally.