EUR 26m Norwegian grants for 50 companies, NGOs within Green Industry Innovation Programme in Romania

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50 Romanian companies and NGOs received EUR 26 M funded by Norwegian grants within the Green Industry Innovation Programme in Romania, for environmental and energy efficiency investments, which have created 200 permanent jobs, the Norwegian ambassador in Bucharest Tove Bruvik Westberg announced on Tuesday, prefacing the Bucharest conference on Green Industry Innovation, due on October 14th.

20 projects relate to investments in environmental technologies, eco-innovative services and products. 16 projects are for waste curb and reuse, energy efficiency and use of renewable sources in businesses, while the other 14 projects target innovation and the enterprise development.

The projects were part of the Green Industry Innovation Programme in Romania, running March 2013-April 2016, which was worth EUR 54 M, with EUR 28 M representing co-financing of the private environment.

30 projects received sums ranging from EUR 200,000 to EUR 1.5 M, while another 20 were financed by the small grant scheme, with sums from EUR 50,000 to EUR 200,000.

Norway’s ambassador to Romania reminded that some of the economic growth goals settled by the Europe 2020 Strategy are related to innovation and environment, meaning to a greener and more competitive European economy.

According to ambassador Tove Bruvik Westberg, this was Norway’s target in the collaboration with Romania, to help Romanian companies develop and become more competitive in implementing innovative technologies.

“We also proposed to contribute to a tighter collaboration between Romanian and Norwegian companies. I would say we succeeded that, considering that 60% of the projects supported by this programme are made following partnerships,” the Norwegian ambassador stated.

At present, Norway and Romania are negotiating a new agreement for the financing period 2014-2021.

The Green Industry Innovation Programme in Romania is managed by Innovation Norway, a Norwegian public company based in Oslo, owned by the Norwegian ministry of Commerce, Industry and Fishing and by the Norwegian Regional Municipalities.

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