Accessing EU grants – a priority
Accessing EU funds should be a priority for Romania, especially at such difficult times when lack of funding is affecting investments and delaying projects.
Radu Kubinschi, manager with Grants & Incentives, Deloitte Romania’s specialized department in accessing structural funds, underlined that interest from the Romanian business community is getting stronger day by day.
“Over the past year, we have seen sustained growth in demand, with the number of clients increasing by 38% compared to 2008. Projects are numerous, but with smaller values compared to last year. Given the economic crisis, companies have changed focus towards keeping their employees and restructuring organizations, a trend reflected in the destination of structural funds this year: 90% for HR-related projects, SMEs and cross-border cooperation (5% each). By comparison, 80% of the financing projects last year were focused on equipment investments, tourism (5%) and HR (15%),” Kubinschi said.
Radu Kubinschi, manager with Grants & Incentives, Deloitte Romania’s specialized department in accessing structural funds, underlined that interest from the Romanian business community is getting stronger day by day.
“Over the past year, we have seen sustained growth in demand, with the number of clients increasing by 38% compared to 2008. Projects are numerous, but with smaller values compared to last year. Given the economic crisis, companies have changed focus towards keeping their employees and restructuring organizations, a trend reflected in the destination of structural funds this year: 90% for HR-related projects, SMEs and cross-border cooperation (5% each). By comparison, 80% of the financing projects last year were focused on equipment investments, tourism (5%) and HR (15%),” Kubinschi said.