Romanian SMEs to get financial aid of RON 60 M this year

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Ministry of Economy, Trade and Business Environment launched on Wednesday ‘The National Multiannual Program of Micro-Industrialization’ and the budget for this year is RON 60.9 million (EUR 13.5 million). Through its implementation, 244 beneficiaries will receive in 2016 minimis aid.

The objective of this program of micro-industrialization is to support investments in manufacturing sectors, increasing the volume of activity and the competitiveness of SMEs in these sectors.

“Micro-industrialization program is one of the most anticipated governmental projects by entrepreneurs. This year’s novelty for the Romanian companies consists in the higher value of the awarded financial aid,” Claudiu Vrînceanu, State Secretary at the Ministry of Economy noted.

Also, this national program supports small and medium-sized factories and “will generate added value in the economy,” Claudiu Vrînceanu added. This is the fourth national program of the ten that the Ministry of Economy is implementing this year.

Through this program, it finances the implementation of the best investment and business plans submitted online by the applicants on www.aippimm.ro.

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