After selling large plots of agricultural land during 2003-2007 we shifted from sales to due diligence and used our expertise to evaluate farms and agricultural land in Romania. Since then we performed a due diligence almost every year in a classical way. We also used our expertise for share deals with factories that were bought by investors as we active in Romania since 2003.
european subventions romania
Non-reimbursable European funds are an important source of financing for central and local authorities, but especially for Romanians who want to open or expand a business. The European Union has prepared the non-refundable funds for the Romanians who need them, they only have to apply for them. The good news for those who want non-reimbursable European funds in 2024 is that in the 2021-2027 EU budget exercise, Romania can receive approximately 4 billion euros through the European Union's Cohesion Policy.
European Regional Development Fund (ERDF) in Romania
Romanian farmers and entrepreneurs in the agri-food sector have the opportunity to receive financial aid through various DR interventions. Depending on the type of investment, the maximum amount available for projects can range from 3 million to 10 million euros. The total budget for these European funds is 210.3 million euros and the registration period is open from December 20, 2023 to April 30, 2024, until 4:00 p.m.
1. SME grants of EUR 200,000-8 million in just transition counties
Micro-enterprises and small and medium-sized enterprises (SMEs) in 6 counties affected by the reduction of polluting industrial activity will be able to obtain grants of 200,000-8 million euros per project, in the form of regional state aid and de minimis aid.
New provisions on the sale of farmland located outside of the buildable areas is installed as per 13 October 2020.
As per 13 October, the foreigners can still buy agricultural land if they buy a company via a share deal. Other transactions are not possible any more for foreigners. Romania has put as single European country a limit for European citizens and other foreigners. Not very correct towards the citizens of Europe in my opinion.