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Global Trade Alert

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Romania: EUR 259 million scheme to support investments in batteries, photovoltaic cells and panels

Description

On 15 February 2023, the European Commission approved a EUR 259 million (approx. USD 276.7 million) financial grant scheme from Romania. The scheme will support firms engaged in the production, assemb...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Feb 2023

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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