BUSINESS COMPANIES ECONOMY INVESTMENTS

PM Orban: Gov’t to adopt GEO regarding the one billion euro available for investments

The government is about to adopt a government emergency ordinance regarding the one billion euros made available as a result of the increase in the flexibility of the programmes funded with European money, meant to support the business environment, Prime Minister Ludovic Orban stated on Friday.

“We are to adopt a government emergency ordinance regarding the one billion euros that became available as a result of the increase in the flexibility of the programmes funded with European money: 550 million euros will be grants for investments, 350 million euros will be grants meant for the restarting of the economic activity and there will be 2,000 euros worth microgrants for small enterprises,” Ludovic Orban said at the government meeting on Friday.

Also, upon the PM’s request, the Minister of European Funds, Marcel Bolos, announced that another draft on the government’s agenda is related to the grants for the digitalisation of the SMEs, worth 150 million euros.

“It’s about the digitalisation of SMEs with the two forms of grants I proposed, with values between 30,000 and 100,000 euros for various acquisitions related to the digitalisation of the members’ activities, as well as higher grants, between one million and 6 million euros,” said the Minister.

The head of the Executive also mentioned the grant programme under the Regional Operational Programme, Measure 2.1, 2.2.

“It’s about the investment grants for microenterprises with overcontracting of 247 million euros, grants between 50,000 and 200,000 euros, investment grants for SMEs worth between 200,000 euros and 1 million euros, with 450 million euros worth overcontracting and grants for larger investments 1.5 million and 6 million with 550 million euros financing,” Orban said, according to Agerpres.

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