The small and medium-sized enterprises will be able to access financial support for the re-equipment of businesses and implementation of energy efficiency measures within a program approved by the Government. The support will be provided by the Ministry of Economy through the agency of the Entrepreneurial Development Agency in non-reimbursable financing equal to 50% of the investment project’s value, IPN reports.

This sum will not exceed 2 million lei per beneficiary for re-equipment actions, such as the automation and robotization of production processes, modernization of exiting technological lines and implementation of IT solutions for managing production lines.

The energy efficiency grant will not exceed 1.5 million lei per equipment and installations for producing renewable energy, which will ensure the reduction of electrical energy consumption by at least 15%. Among these installations are solar panels with heating systems, photovoltaic panels for producing electricity, Aeolian mini-installations for producing power, technological equipment for producing biogas and thermal heating systems.