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August 8, 2022

Bolos: Government approves European funds for retooling construction, agri-food SMEs

The government has approved the allocation of European funds for the retooling of construction and agri-food SME, Minister of European Investment and Projects Marcel Bolos said on Friday.

“Another measure also approved under the cohesion policy 2014-2020 is related to the retooling of SMEs operating in the fields of construction and agri-food industry. For the construction activity, we considered those who are involved in the implementation of infrastructure projects, especially those in the area of transport, but also the suppliers of raw materials for such projects, as this is a period in which, given the large volume of projects we implement, the volume of raw materials needed to implement projects has increased. So the construction sector, the one for which the 150 million euros have been allocated, regards both the equipment and machinery side and the part of specific acquisitions, so that we have a contribution to the increase in the necessary production capacities, once again, for the implementation of our transport infrastructure projects,” Bolos told a news conference at the Government House on Friday.

He also detailed the measure aimed at processing agri-food products and raw materials for which 150 million euros are budgeted.

“So it is also possible for SMEs to access funds for the refurbishing part and to equip themselves with specific equipment. The grants vary between 50,000 euros and 500,000 euros. The estimated number of beneficiaries exceeds 2,000,” Bolos said, according to Agerpres.

He added that in August and September a project calls will be launched and the necessary guide for accessing these funds will be debated.

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