The decision to amend and supplement H.G. no. 807/2014, regarding the establishment of a State aid scheme, in order to stimulate investments with major impact on the economy, was recently adopted.
According to the decision, agreements can be issued to finance the aid scheme until December 31st, 2023. It is absolutely necessary to comply with state aid legislation and the regional map authorized by the European Commission, within the annual budget allocated to the scheme. The payment of state aid will be made during 2025 – 2028.
The implementation of the aid scheme will be in compliance with the Commission Recommendation (EU) 2020/1,039 of July 14th, 2020, regarding the conditionality of the granting of State financial support for Union undertakings by the absence of links with non-cooperating jurisdictions.
The requesting enterprise submits to the Ministry of Public Finance a request for agreement, and the completion of the evaluation process of the request for financing is done within 30 working days from the date of registration. The Ministry of Public Finance does not pay the state aid if the company records outstanding debts to the component budgets of the general budget.
The enterprises have the obligation to start the investment for which they have applied for financing within six months from the date of issuance of the financing agreement.
