Due to the fact that the conference room reach it's maximum capacity, registrations for this roundtable are now closed.
The Cornerstone of the New State Aid Schemes for 2014-2020
The previous state aid schemes proved to be a success and a lot of companies benefited from non-reimbursable funds during the last 6 years. The Romanian Government has decided to continue its commitment to finance viable projects through state aid and has recently approved the new state aid schemes valid for the period 2014-2020. State aid remains a feasible financing tool for local and foreign investors in Romania.
Your company can now benefit from up to 50% cash reimbursement of its investment in assets or of the salary costs for 2 consecutive years, if it intends either to invest more than EUR 10 million in assets or to create more than 10 new working places. The total budget to be allocated for such projects is of EUR 1.2 billion (EUR 600 million for each of the two schemes) and the applications will be treated on a first-in-first-out basis. It is now, when the Romanian Government has just laid the cornerstone of the new state aid schemes for the period 2014-2020, the best opportunity for learning more about this financing tool.
Join this event to get an overview on this incentive and to discuss with experts about the implementation of successful investments in Romania, practical issues and solutions.
Presentation Topics:
- Summary and financial statistics of the past state aid schemes
- State Aid scheme for financing investments in assets (GD 807/2014)
- State Aid scheme for financing salary costs (GD 332/2014)
- Application Process: pre-qualification, preparation of business plan and business model, commitments
- Technicalities for the implementation of the state aid scheme
- Success stories
| 09:00 - 09:30 |
Participants registration
Welcome networking breakfast |
| 09:30 - 09:35 |
Roundtable Opening Address
Adrian Ion - Publisher and General Manager GovNet Conferences
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| 09:35 - 09:50 |
Keynote Opening Speech
Mr. Enache Jiru - State Secretary, Ministry of Public Finance Presentation topic:
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| 09:50 - 10:20 |
Technical presentation of the State Aid Schemes
Livia Stan, General Director State Aid Department, Ministry of Public Finance Presentation topic:
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| 10:20 - 11:00 |
Practical Aspects for the Implementation of the State Aid Schemes
Iulian Sorescu, Associated Partner, Head of Financial Department Noerr Finance&Tax Presentation topic:
Daniel Varzaru, Director of Finance & Accounting, Universal Alloy Corporation Europe
Presentation topic:
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| 11:00 - 11:30 |
Q&A Session
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| 11:30 - 11:35 |
Closing Remarks
Networking Discussion Opportunities |
The State Aid Power Breakfast will be organized at the InterContinental Hotel in Bucharest.
InterContinental Bucharest is a five star hotel that provides a highclass background for conferences, receptions and other types of events. Located right in the center of Bucharest, it is within walking distance from the Old City – Bucurestiul Vechi. The main subway station and the central bus station are just across the street. There are also taxi ranks directly in front of the hotel.
Registrations for this event are closed, the conference is fully booked.
