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Romanian SMEs gain access to EUR 478 mln concessionary financing under RRF-funded scheme

October 24, 2024

SMEs will have access to EUR 478 million of concessionary financing for sustainability and competitiveness projects from seven local banks under a scheme that channels part of Romania's Recovery and Resilience Facility (RRF) money under a rather complex mechanism (InvestEU Member State Compartment) to be used as guarantees for such projects, announced the European Investment Fund (EIF).

The mechanism is handled by the EIF. Guarantees will be extended for EUR 309 million worth of loans...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romania-sme-concessionary-financing-eib-rrf-2024
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