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MADR will administer a financing scheme for the production of renewable energy for self-consumption intended for companies in the agricultural and food sectors

MADR will administer a financing scheme for the production of renewable energy for self-consumption intended for companies in the agricultural and food sectors

Authors: Mihai Draghici, Director, Consulting, EY Romania, Alexandru Balan, Senior Manager, Consulting, EY Romania and Larisa Bucur, Manager, Consulting, EY Romania

On May 12, 2023, the Order of the Ministry of Agriculture and Rural Development no. 70/2023 establishing a new state aid scheme, financed from the Modernization Fund, with a total budget of EUR 500 million that will be implemented in the period 2023-2028.

For more information, please see the Romanian version of the article, here.

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ERNST & YOUNG SRL