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EU Financing
2. Operational Programmes For each sector, an Operational Programme has been approved. The English-language versions are available on the website of the Ministry of Economy and Finance.They give detailed information on the priority sectors for using the funds. The table below presents an overview.
3. Managing Authorities and Intermediate Bodies For each programme, a Managing Authority has been assigned. The Managing Authority carries the responsibility for the implementation of the Operational Programme. In some cases, the Managing Autorities have delegated the implementation of (parts of) their programme to other organisations, called Intermediate Bodies.
4. Programming documents The next layer of information consist of the Programming Documents (or Cadru de Implementare) developed for each Operational Programme, These documents specify details such as maximum allocation per project, types of beneficiaries and other criteria. They are generally available in the Romanian language only, and may be found on the websites of the Managing Authorities. The Managing Authorities will publish calls for proposals on the basis of Applicant’s Guides. These guides will further detail selection criteria and the documentation that needs to be submitted with each project proposal; this will generally include a feasibility study. The application needs to be made in the Romanian language. The calls for proposals will be published on the websites of the Managing Authorities. The rules for procurement will be the Romanian National Procurement Rules. The selection / approval process will probably last 2-3 months since the moment of receiving the applications. The contracts/ financial agreements with the applicants will be concluded in Romanian currency. A summary of the opportunities for the funding of business investments has been made by the company Becker Consult and can be found here. Useful information is also available on www.fonduri-structurale.ro
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