The organisation supports the government's objective of improving the investment screening mechanism while remaining compatible with EU Regulation 2019/452. TechAngels believes Romania can build a "smart security" model that protects strategic interests while encouraging investment in future technologies.
"Investors seek predictability, stability, and efficiency. Without firm deadlines and clear consequences, capital will not flow. Tacit approval is a tool of administrative discipline, not a relaxation of control," stated Vasile Șiple, Member of the TechAngels Board. The organisation proposes introducing tacit approval when statutory screening deadlines are exceeded, fast-track procedures for low-risk EU/NATO investors, and pre-confirmation mechanisms for clarity before formal procedures begin.
TechAngels raises concerns about the broad expansion of sectors deemed sensitive in the draft ordinance. The organisation argues that extensive lists of technologies like artificial intelligence, robotics, and semiconductors don't sufficiently distinguish between civilian commercial use and strategic applications, risking the classification of almost any tech startup as "sensitive" by definition.
"With well-calibrated rules, Romania has the chance to build a modern screening model that does not hinder innovation, but rather aligns national security with technological development," explained Ana Maria Andronic, Member of the TechAngels Board. The position proposes differentiated screening for civilian technologies, interventions proportionate to actual risk, and effective protection of intellectual property.
