Investment Support

  Last update: April, 2010

Following the accession to the European Union (January 1st, 2007), Romania enjoys EU financial assistance under the form of structural and cohesion funds allocated for a five consecutive year period, 2007-2013. During this period, Romania will be allocated a total of Euro 33.53 billion in EU funds and national public contribution.

Romanian Government adopted a large number of state aid schemes stimulating economic growth by means of investment facilities granting.

According to Romanian legislation in force, all investors enjoy the same rights and incur the same obligations, irrespectively of their being Romanian or foreign citizens, residents or non-residents. 

The general framework in the field of state aid was established in Government Ordinance no. 85/2008 regulating the principles of investment stimulation, investment fields, types of incentives and subsidies available, general eligibility conditions etc. 

State aid can be granted to large, small and medium-sized enterprises (including microenterprises), depending on the type of investment, the field in which the investment will be implemented and the provisions of the state aid scheme applied for.

State aid is mainly granted under the following forms: subsidies; tax exemptions, postponements or reduction; state renouncing the normal income from public funds (including preferential interest rates for credits); public capital participation, if investment profit rate is lower than the normal rate anticipated by a prudent private investor; guarantees granted by public central or local authorities under preferential conditions etc.