Over €300 million awarded to 12 Romanian food industry projects

Business Forum
The InvestALIM program, designed to support the development of the food industry, will provide funding for 12 projects with a total investment value of over €300 million, according to REI Grup, a company specializing in attracting EU funds and state aid.

The projects were selected from a total of 37 companies that applied for state aid.

The national program InvestALIM 2023 - 2026 aims to support regional development by granting state aid for the establishment or development of production capacities in the food industry, stimulating investments with major economic impact.

Roxana Mircea, Managing Partner at REI Grup, stated, “Non-reimbursable funds have been, are and will remain an important pillar of the country's development.” 

The 12 companies, including Dorostol Trade, Global Grain International, and Aaylex One, are significant players in the food industry, operating in sectors such as bakery production, meat processing, and dairy. The total amount of state aid requested by these companies exceeds RON 860 million (over €170 million), with an average grant covering approximately 60% of the total project value.

Agri players have access to various financing programs for investments in areas like bakery, the potato industry, and green energy. According to REI Grup, the total value of allocations for agri-food companies in the coming months is over €750 million. 

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