state aid romania - ajutor de stat romania HG 1680/2008 for foreign investment

State aid scheme ensuring sustainable economic development

(Government Decision no. 1680/2008, subsequently amended)

  • the state aid scheme applies to the following 4 investment categories: 
  • initial investments between Euro 5 and 10 million and creating 50 jobs  minimum; 
  • initial investments exceeding Euro 10 million and creating 100 new jobs  minimum; 
  • initial investments exceeding Euro 20 million and creating 200 new jobs  minimum; 
  • initial investments exceeding Euro 30 million and creating 300 new jobs  minimum;  
  • maximum aid ceiling / economic operator:  - Euro 22.5 million (RON equivalent), for investments carried out and new jobs created in the development region no. 8, Bucharest-Ilfov; 
  • Euro 28.125 million (RON equivalent), for investments carried out and new jobs created as a result of initial investment in any of the other 7 development regions in Romania. 
  • beneficiary’s financial contribution: at least  50% of the eligible  expenses; the form of this contribution must not fall under any other  public aid. 
  • maximum total budget / scheme: Euro 1 billion (RON equivalent) / 5  years  (2009-2013);  anual average budget: Euro 200 million, not  exceeding annual budget ceilings approved for the period of 5 years
  • duration of the scheme: 2009-2013 
  • provider: Romanian Ministry of Public Finance 
  • total number of companies estimated to be granted state aid under the 
  • scheme: 150; average number of beneficiaries / year: 30