REI analysis: Around 5 billion euro of non-reimbursable funds are available for investment in photovoltaic panels, digitisation, recycling or manufacturing in the first half of the year

No less than 12 funding programmes, totalling around 5 billion Euro, are available to companies and local public authorities in the coming months, in the most generous period of non-reimbursable funding in the history of Romania, according to an analysis of REI, a group of companies specialised in attracting European funds and state aid, with a team of over 80 specialists in 13 offices nationwide.

According to REI data, a total of seven funding schemes in the first half of this year are dedicated to start-ups, SMEs and large companies, which can apply for grant funding for manufacturing, digitisation, energy efficiency or recycling projects, with total allocations exceeding 2 billion Euro.

On the other hand, the public sector benefits from a number of five support measures for the modernisation and digitisation of educational premises, the improvement of the water and sewage network in municipalities or investments in increasing energy efficiency of public buildings through the installation of photovoltaic panels, with total allocations of around 3 billion Euro.

„2023 is the year when we start to see the results of the projects submitted over the last two years, and it is also the time when we will see the launch of schemes with large and very large allocations in key areas where European money is vital for development. We are expecting huge interest in investment projects in the installation of energy efficiency solutions – where we have over 1.5 billion Euro allocated – for both the public and private sector, in digitisation – session opening on February 15, or the massive allocations for the education sector or water and sewage infrastructure. The year 2022 was a fantastic exercise and a test that showed us that we are ready to face the wave of funding in the coming years, and the start of this year sees us more prepared than ever, with a team of professionals and specialists in the field of attracting non-reimbursable funds – both for companies and public authorities”, stated Roxana Mircea, managing partner of REI Grup.