State aid opportunities for strategic investments in Romania under Government Decision 300/2024
The scheme targets projects that generate added value, technological advancement and sustainable economic impact, offering significant non-reimbursable funding to eligible investors.
Overview of the state aid scheme
The scheme offers grants of up to €57.5 million per investment project, with state aid intensities ranging from 30% to 70%, depending on the location of the investment. Aid is granted for eligible costs, in line with applicable national and EU state aid rules.
Eligible projects must have a total investment value between €10-100 million and must qualify as initial investments involving tangible and/or intangible assets. Supported investment types include:
- the establishment of a new unit.
- the expansion of the capacity of an existing unit.
- the diversification of a unit’s production through products or services not previously manufactured or provided in that unit, or
- a fundamental change in the overall production process of existing products or in the overall provision of services within the same perimeter.
Replacement investments are explicitly excluded and do not qualify as initial investments under the scheme.
Eligibility and performance obligations
The scheme sets out multiple eligibility criteria applicable both to the investor and to the investment project. In addition, beneficiaries must meet a long-term financial performance requirement: at the end of the investment maintenance period, the company must achieve a turnover profitability exceeding 2.5%, calculated as the average of the last four years of maintaining the investment. This condition applies provided that the company’s turnover reaches at least 80% of the estimated turnover for the same period, calculated as an average across the company’s entire activity.
Eligible economic sectors
The scheme applies to a broad range of manufacturing and industrial activities, covering the following NACE classes:
| 109 - Manufacture of animal feed preparations | 25 - Manufacture of fabricated metal products, except machinery and equipment |
| 11 - Manufacture of beverages | 26 - Manufacture of computers, electronic and optical products |
| 16 - Wood processing and manufacture of wood and cork products (excluding furniture) | 27 - Manufacture of electrical equipment |
| 17 - Manufacture of paper and paper products | 29 - Manufacture of motor vehicles, trailers and semi-trailers |
| 20 - Manufacture of chemicals and chemical products | 31 - Manufacture of furniture |
| 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations | 32 - Other industrial activities n.e.c. |
| 23 - Manufacture of other non-metallic mineral products | 38 - Waste collection, treatment and disposal; materials recovery |
Competitive selection procedure
Funding is awarded through a competitive procedure, under which each application is scored based on several criteria, including:
- the value of eligible expenditure.
- the type of initial investment.
- the project location.
- the applicable NACE code.
- the degree of automation.
- the projected EBITDA margin.
Following the close of each submission session, the list of potential beneficiaries is published within 10 working days. Applications that fall within the allocated session budget are then evaluated in descending order of score, within 60 working days from the publication date.
Application timeline
While the scheme was formally launched in 2024, it remains relevant in 2025, with future application sessions to be announced by the authorities. As provided by the scheme, the application registration period is communicated at least 60 working days prior to the opening of each session.
Conclusion
Government Decision no. 300/2024 continues to represent a significant funding opportunity for companies planning substantial investments in Romania’s strategic sectors in 2025. Given the competitive nature of the selection process and the strict eligibility and performance requirements, early project structuring and careful financial planning are essential. Investors considering participation in upcoming calls are encouraged to assess eligibility in advance and prepare comprehensive applications aligned with the scheme’s evaluation criteria.