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Romania: EUR 500 million state aid scheme to support biofuel production

Description

On 7 October 2024, the European Commission approved a EUR 500 million (USD 548.82 million) Romanian financial grant scheme to support investments in biofuel production capacity. The scheme will suppor...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Oct 2024

Revocation date

31 Dec 2025

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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