Romanian companies will be able to access venture capital investments through the National Recovery and Resilience Plan, which will unlock a series of financial instruments with the approval of the document at EU level, in October, the Minister of European Investments and Projects announced on Friday, Cristian Ghinea.
”In terms of investments, we have financial instruments to be implemented with the European Investment Bank and the EIF worth 1.25 billion euros, which will be released with the approval, in autumn, of the PNRR and with the support of local banks. I know that you have banks in the French business community and I hope that the French banks in Romania will be selected. (…) The PNRR will be approved in September by the European Commission. Two ECOFINs are planned for October, where Romania’s plan will be approved. Immediately after that, the financing of 1.9 billion euros, related to the part of the grants, will enter the country. The PNRR saga ends in October” said Cristian Ghinea.
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