The government of Romania increased by RON 2.5 billion (EUR 500 million) to RON 15 billion (EUR 3 billion) the volume of loans small and medium-sized enterprises can contract from commercial banks for working capital and investments, with state guarantees and subsidised interest rate, under the IMM Plus scheme.\u00a0<\/p>\n
The scheme is intended to companies hit by the effects of the war in Ukraine, mainly in agriculture and food processing sectors.<\/p>\n
“We can thus support 13,800 companies, 2,300 more than before the budget increase,” prime minister Ciolacu announced before the Government meeting, Profit.ro<\/a> reported.<\/p>\n The supplementary allocation will cost the state budget RON 255 million (EUR 51 million), the executive announced.<\/p>\n This budget covers fees and interest in the amount of RON 103 million in the second half of this year and RON 152 million in 2025.<\/p>\n The number of beneficiaries of the program can thus increase by 2,343, to a total maximum of 13,843.\u00a0<\/p>\n