Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure RO-2023-51/3526 – measures in Romania
Country |
Romania
, applies regionally
|
Time period | Open ended, started on 20 December 2023 |
Context | Green Transition |
Type | Other initiatives or policies |
Category |
Promoting the economic, labour market and social recovery into a green future
– Financing the green transition |
Author | Victoria Stoiciu, Nicoleta Voicu (Association Center for Public Innovation) and Eurofound |
Measure added | 03 March 2024 (updated 28 March 2024) |
The scheme aims to finance SME development investments that ensure growth sustainable development and job creation in the areas targeted by the Just Transition Programme. The main objective is to support productive investments in SMEs (micro, small and medium-sized enterprises) to mitigate the socio-economic impact of the transition to climate neutrality.
The State aid and de minimis scheme applies to investments made in the counties of identified in the Fair Transition Programme 2021-2027: Hunedoara, Gorj, Dolj, Galati, Prahova and Mures
The Just Transition Programme (JTP) responds to the investment needs defined in the Territorial Plans for a Just Transition (PTTJ) for the counties of Gorj, Hunedoara, Dolj, Galati, Prahova and Mures, territories identified in Annex D of the 2020 Country Report for support from the Just Transition Fund for the period 2021-2027.The program aims, in correlation with the territories' development strategies for the period 2021-2027, to support environmentally sustainable economic diversification, in particular of the small and medium entrepreneurial sector, including female entrepreneurship, in order to increase the competitiveness and capacity of the affected local economies to generate sustainable, secure and attractive wage employment.
The proposed investments must be in accordance with the provisions of Regulation (EU) No 651/2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the TFEU. The proposed project must lead to the creation of new jobs, directly linked to the funded investment, which must be maintained for a period of at least three years after the final payment under the project or within the period of State aid, whichever is the later, in the area covered by the call. At least 75% of the total jobs created by the project must be for people with domicile/residence in the area covered by the call. The implementation period of the project may not exceed 36 months from the date of signature of the grant contract, to 31 December 2029.
For the de minimis aid component, the funding is granted up to the de minimis ceiling of €200,000 / single enterprise in the last three fiscal years. The amount of non-reimbursable funding awarded is a minimum of €200,000 and a maximum of €5 million.
No information is available so far.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
SMEs
|
Does not apply to citizens |
Actors | Funding |
---|---|
Company / Companies
|
National funds
National Recovery and Resilience Facility |
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | No involvement | No involvement |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
There is no publicly available information about the social partners' involvement in designing, implementing, and monitoring the measure.
There is no publicly available information about the social partners' views or reaction on the measure.
Citation
Eurofound (2024), Support of SMEs in sustainable growth and job creation, measure RO-2023-51/3526 (measures in Romania), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/RO-2023-51_3526.html
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