Romania's Ministry of Agriculture Reports Progress on INVESTALIM Food Industry Support Program
The Ministry of Agriculture and Rural Development of Romania, through the Agency for Financing Rural Investments (AFIR), has announced significant progress in implementing the INVESTALIM national program for the development and support of the agri-food industry. The program, running between 2023–2026, was approved by Government Emergency Ordinance no. 65/2023.
As of now, 20 financing agreements have been signed under the scheme, representing a total investment value of over 3.69 billion lei (approx. €743 million), with state aid amounting to more than 2.18 billion lei (approx. €440 million).
Currently, the first 8 beneficiary enterprises have entered the implementation phase, either having started construction work or signed binding legal contracts for the acquisition of processing equipment.
The funded projects aim to enhance Romania’s food processing capacity, covering a wide array of eligible activities, including:
About the INVESTALIM State Aid Scheme
INVESTALIM is backed by a total budget of €590 million, financed from the Romanian state budget for the 2023–2026 period.
Key features include:
Future funding agreements will depend on annual budget allocations and the approval of commitment appropriations under the state budget law.
More Information
The final list of eligible applications and additional details regarding the funding session are available on the official AFIR website: www.afir.ro
Commitment to the Agri-Food Sector