Romanian Firms to Receive Support for Investments via HG807 until 2028
Investing in Romania's Subsidy - Eligible Sectors:
Subventions are available for those putting money into certain industries in Romania and this article will explore what those sectors are.
- Production facilities;
- Supply of water, sanitation services, garbage disposal, and decontamination operations;
- Building projects;
- Eateries and lodgin
- Data and telecommunications;
- Professional, science, and technical operations;
- Health and social welfare services, and so on.
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In the event that a company works in a field that is not eligible but wants to fund a venture in a certified, eligible sector of activity as listed in the Trade Register credentials, the initial investment may be qualified for state aid financing subject to the conditions outlined in the scheme.
Only one CAEN code is asking for funding, but this can be used for either the primary or secondary economic activity.
It is estimated that approximately 300 businesses will be provided assistance through the program thanks to state aid.
Implemented investment projects are projected to make a major contribution to the economy with 21,369 jobs being created and 6,221.67 million lei being paid to the state budget.
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