Opportunities for Investment

EU Funding programmes and strategyStefanos NikitasEconomist, MSc.

Romanian National Strategic Reference Framework & Operational Programmes (Convergence) Sectoral Operational Programme (SOP) Increase of

Economic Competitiveness (2,554 bil. ) SOP Transport (4,565 bil. ) SOP Environment (4,512 bil. ) Regional OP (3,726 bil. ) Regional OP (3,726 bil. ) SOP Human Resources Development (3,476 bil. ) OP Administrative Capacity Development (0,208 bil.

) OP Technical Assistance (0,170 bil. )

Productive Investments

The productive sector supported by SOP Competitivenessincludes the high-tech and spin-off micro-enterprises, as well as productive investments for Small, Medium (SMEs) and Large size Enterprises, except for the processing of agricultural products and food industry

Regional OP finances, for non-agricultural activities, micro-enterprises in urban areas except for high-tech and spin-offenterprises in urban areas except for high-tech and spin-off

Rural Development Programme (RDP) of Romania supports processing of agricultural and forestry products on the whole territory, non-agricultural activities for micro-enterprises in rural areas, as well as SMEs and large enterprises below 750 employees for productive investments for agricultural products processing and food industry

Business Infrastructure

SOP Competitiveness finances business support structures of national and international importance

Regional OP finances business support Regional OP finances business support structures of regional and local importance

Scientific and technological parks are financed from national programmes

Entrepreneurship Development

SOP Competitiveness supports the development of business incubators, provides consultancy support, as well as support for enterprises integration in supplier chains and clustersclusters

SOP Human Resources Development (HRD) ensures the necessary training in the field of entrepreneurship for individuals willing to start a business

Energy efficiency and air quality

SOP Competitiveness finances Large Combustion Plants (LCPs) providing electricity for the National Energy System for improving their efficiency and reducing gas emissions, in order to secure the electricity supply for the economyelectricity supply for the economy

SOP Environment supports the LCPs within the municipal heating systems in order to reduce gas emissions at the level of the plant, as well as to improve the energy efficiency at the level of plant anddistribution network, through modernisation and reducing losses of hot water

Renewable Energy

SOP Competitiveness provides support to enterprises both for bio-fuels production and its use for energy generation, except for the production from processing Annex 1 products

RDP provides support to enterprises for obtaining bio-fuels by processing Annex 1 productsbio-fuels by processing Annex 1 products

SOP Competitiveness provides support to enterprises, except for production based on processing Annex 1 products and except for micro-enterprises in rural area

RDP provides support for microenterprises in rural area

Support for Researchers

Under SOP HRD researchers will acquire managerial skills to be used for spin offs and spin outs for which creation specific support/incentives will be provided under SOP Competitiveness.

Incentives and career opportunities offered to young Incentives and career opportunities offered to youngresearchers, opportunity to access PhD and post-PhD programmes, as well as continuous training and sectoral mobility of researchers supported under SOP HRD will create the grounds for developing RDI activities supported under SOP Competitiveness

SOP Competitiveness Priority Axis 1

Support for strengthening and upgrading the productive sector by tangible and intangible investments investments in technology, equipment,

machineries, outfits, production premisesmachineries, outfits, production premises intangible investments: acquisition of patents,

trademarks, licences and know-how

Eligible Fields of Activity

Extraction industries Manufacturing Water supply and distribution Construction Construction

Intervention Area: Support for strengthening and upgrading the productive sector

Small investments (up to 250.000 ) for small and medium size enterprises

Big investments (from 250.000 to 1.500.000 ) for small and medium size enterprises) for small and medium size enterprises

Investments for large enterprises (up to 5.000.000 )

Grant percentages

For Small size enterprises 60% for Region Bucureti Ilfov or 70% for the rest Regions

For Medium size enterprises 50% for Region Bucureti Ilfov or 60% for the rest RegionsBucureti Ilfov or 60% for the rest Regions

For Large size enterprises 40% for Region Bucureti Ilfov or 50% for the rest Regions

Eligible Activities

The creation of a new production unit The extension of an existing emplacement The diversification of production of an existing

emplacement, through the launching of new products and servicesproducts and services

The modernization of the enterprise, including changes of the production process of an existing emplacement

Acquisition of intangible goods and consultancy

Eligibility Rules for Expenditures

Acquisition of land ( eligible in the limit of 10% of the Total Eligible Budget - TEB)

Acquisition and modernization of buildings ( eligible in the limit of 50% of the TEB)

Expenditures are eligible since the date of the Expenditures are eligible since the date of the financing contract becoming effective (exception of FS)

Acquisition should follow the procedure designed by the MA

Be accompanied by invoices, according to the provisions of the national legislation

Criteria for Selection

The relevance of the project for the objectives of the SOP Competitiveness

The quality and the coherence of the project The maturity of the project The maturity of the project The sustainability of the project The capacity of the beneficiary to implement

the project

Main Submission Prerequisites

Application form Elaborated and approved necessary studies

(eg. architectural, environmental, etc.) Necessary licenses for operation Necessary licenses for operation Business plan / Feasibility study (depending

on the type of project)

Calls for proposals already launched

SOP Competitiveness - Priority Axis 1 for SMEs has open calls since May

So far: 562 proposals have been submitted for small 562 proposals have been submitted for small

investments 110 proposals have been submitted for large

investments... and the intermediate body is still receiving

new ones!

LKN Group Experienced Services to the Private Sector of the Economy

Strategic planning Project and business planning Market and financial analysis Human resources training Human resources training Support for projects preparation & submission

to the EU funded programmes Preparation for listing in Stock Exchange

Markets

Contact Points

Aristotelous 11-15, 10432Athens, GREECETel. +302105201460 / Fax +302105230064URL: www.lkn.gr / e-mail: lkn@lkn.gr

Str. Splaiul Unirii nr. 35, bl. M7, sc. B,et. 7, ap. 63, sector 3, BucurestiTel: +40213223052 Fax: +40213238322e-mail: office@lkn.ro