REI Finance Advisors tripled its business and consultants’ team in 2020, will reach over 100 specialists in 2021

REI Finance Advisors, specialized in consultancy services for attracting European funds and state aids, tripled its business and its team of consultants, after reaching 8 regional offices across the country in 2020.

After Bucharest, the REI team has expanded its activity in the cities of Constanta, Bacau, Brasov, Craiova, Timisoara, Arad, Oradea, and Baia Mare, and plans to double its team in 2021 and to reach over 100 consultants, experts in attracting European funds, and state aids for companies active on the Romanian market.

The evolution of the team at a national level, as well as the measures announced by the Romanian Government to stimulate the businesses affected by COVID-19 have increased strongly, the business of the REI consultancy team being estimated to exceed the EUR 2 million threshold in 2020.

“We have started an ambitious plan to expand the local activity as a result of the growing number of customers, financing projects announced by the Romanian Government for working capital on GD 332/2014, for companies that create at least 100 new jobs, investments of at least EUR 1 million – GD 807/2014, and state aid to the companies affected during the pandemic period through GEO 130/2020, especially the 2021-2027 horizon, when billions of financing are planned and budgeted for EU member countries, including Romania. The opening of regional offices – in Brasov, Bacau, Craiova, Timisoara, Constanta, Baia Mare, Oradea, and Arad – is the first step in our approach to having the best possible coverage for the whole country. Depending on the progress of the projects and the size of the number of applications in the coming period, we are also looking at opening new sites in all key areas of the country”, stated Roxana Mircea, partner at REI Finance Advisors and REI International Consulting, part of REI Grup.

At the beginning of March 2020, just before the start of the pandemic, the REI team had 15 consultants specialized in attracting European funds and state aids for companies active in Romania so that by the end of August the team would have about 30 specialists.

With the results achieved in 2020, REI Finance Advisors exceeded the threshold of 400 projects through European funds successfully applied for on the Romanian market and over 250 already implemented, with a success rate of over 99% at local level.