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. 

RECOMMENDED
Digi Communications reports 10% revenue growth in Q1 2026
Industry

Digi Communications reports 10% revenue growth in Q1 2026

Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.

Hidroelectrica posts 122% profit surge in Q1 2026
Energy

Hidroelectrica posts 122% profit surge in Q1 2026

Romanian energy giant Hidroelectrica recorded a net profit of €263 million in the first quarter of 2026, marking a 122% increase compared to same period last year, according to a report submitted to the BVB.

RECOMMENDED FROM THE HOME PAGE
Hidroelectrica posts 122% profit surge in Q1 2026
Energy

Hidroelectrica posts 122% profit surge in Q1 2026

Romanian energy giant Hidroelectrica recorded a net profit of €263 million in the first quarter of 2026, marking a 122% increase compared to same period last year, according to a report submitted to the BVB.

Industry

Digi Communications reports 10% revenue growth in Q1 2026

Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.

Industry

Uber launches hotel bookings and AI voice features

Uber Technologies announced new products and features at its annual Go-Get product event, including hotel bookings and travel tools that are planned to roll out globally in the coming months.

READ MORE
Business Forum  |  15 May, 2026 at 7:30 PM
Business Forum  |  15 May, 2026 at 6:30 PM