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920M euro funding boost for SMEs through Regional Operational Programme (POR) 2014-2020

POR 2014-2020 supports the development of the Romanian business environment through the allocation of 920M euro to the SME sector. In this case, POR 2014-2020 will finance those projects that seek to modernise production processes in order to enhance the sector’s economic competitiveness.

High number of financing lines available for large companies during 2014-2020 Multiannual Financial Framework (MFF)

The 2014-2020 MFF brings several financing opportunities for large companies that are interested in further R&D investment, human resource development, agro-businesses, and many other financing lines that are part of the approved Operational Programmes.

Public consultation for eight new Applicant Guides under the National Rural Development Programme (PNDR 2014-2020)

The Agency for Rural Investment Financing launched a public consultation for eight Applicant Guides under PNDR 2014-2020.

83M euro for Romania through Sectoral Operational Programme Environment (POS Mediu 2007-2013)

The European Anti-Fraud Office (OLAF) limited its investigation into alleged EU funds fraud in Romania. This decision was taken in order to avoid a reimbursement flux blockage to beneficiaries, thus contributing to a higher absorption rate of EU funds under 2007-2013 MFF.

Slight increase of EU funds absorption rate

Official data released by the European Funds Ministry shows a 0.2% increase of the European funds absorption rate. Thus, the current absorption rate is 54.42%.