Extension of Investment Timeline Under INVESTALIM Program Approved by Government

During its recent session, the Romanian Government approved a Decision amending Article 8 of the Annex to Government Decision No. 844/2023, which outlines the implementation procedure for the National Program for the Development and Support of the Food Industry — INVESTALIM, covering the 2023–2026 period. The amendment also affects the terms for granting support, the quantitative and qualitative investment indicators, and the scoring criteria for applicant enterprises.

The main change introduced by this decision is the extension of the deadline for starting investments and presenting the source of funding from six to seven months from the date the financing agreement is issued.

“With this change, we are offering entrepreneurs in the food industry greater flexibility and security in accessing funding. INVESTALIM remains a key pillar in the development of the agri-food sector, supporting Romanian producers and strengthening the country’s food security,” said Florin-Ionuț BARBU, Minister of Agriculture.

This amendment is intended to support beneficiary enterprises by granting them more time to fulfill their financial obligations and reducing the risk of losing access to funding.

The INVESTALIM Program aims to support Romania’s food industry, foster the development of agricultural regions, and maintain the competitiveness of Romanian producers on both domestic and international markets.