Romania: State Aid Submissions Opening on 10th of September
Submission of Proposals under State Aid Scheme 807/2014 for SMEs & Large Enterprises
The Ministry of Public Finances has announced on the 29th of August that the submission of state aid applications will be opened on 10th of September, after the approval and entry into force of the budgetary rectification for 2018.
The allocated budget for financing agreements in 2018 is RON 614 million, approximately EUR 132 million. This is the first budget allocation in 2018. There are still unused state aid funds from before 2018, amounting to a total of RON 1,8 billion, approximately EUR 387 million.
Initially, the Government announced the opening of the state aid scheme on the 27th of August, having taken into account that the order for rectification of the state budget law was already in place.