The State Aid is more than mere aid: it is probably the most advantageous source of funding for major investment in Romania
We are ready to provide consultancy of submitting the State Aid file to companies first investing in Romania which meet the eligibility requirements. We also provide assistance in preparing the documentation for applying for the State Aid schemes and preparing the accounting procedures to be used by the customer for developing, collecting and filling out the documentation related to investment in accordance with the relevant laws on State Aid schemes in view of recovering the incurred expenses.
European grants are another financing opportunity for your business.
The main targets for these funds are: developing the basic infrastructure, increasing long-term economic competitiveness, developing and making more efficient use of the human capital, promoting a balanced regional development etc.
FINEXPERT can advise and assist you in both developing the project for which the funding is requested, and subsequently, once the financing agreement has been obtained, in preparing the documentation required for the repayment of the expenses.
Assistance and advice in preparing the documentation for the application of State Aid:
- Eligibility analysis of the applicant
- Analysis of financial position and advice on optimization
- Investment Plan, Job Creation Plan, Technical and Economic Study and Business Plan
Assistance in Project implementation and reimbursement of eligible expenses:
- Training sessions for client’s employees
- Assistance in the preparation and submission of reimbursement applications
- Preliminary assessment of the reimbursement applications
- Monitoring project implementation in relation to the terms of the financing Agreement
- Assistance on authorities on site audits
Assistance in Project monitoring:
- Advice on completing the annual investment parameters evaluation forms
- Assistance in the annual project audit
Contact us to find out how we can assist you!
Manuela FURDUI, Managing Partner
Competence, carrying, professionalism – these are the words that could describe our cooperation of over four years with FINEXPERT and these are the qualities that our collaborators at FINEXPERT have shown. We found a trustworthy partner in FINEXPERT, together with whom we managed to build a relationship based on reliability and respect, whose only purpose is the quality of the final result.
FINEXPERT is a professional, dynamic company; they provide full services and they are well-oriented on the Romanian market. They have expertise in multinational companies and a very good management.
We warmly recommend FinExpert as a company with solid technical expertise and significant experience in assisting clients on regional state-aid schemes promoted by the Romanian government aimed to stimulate economic growth, private sector development and creation of jobs.
The collaboration of Renault Technologie Roumanie with the FINEXPERT consultants started in 2006, together with the RTR request for accounting services. Then, the accounting was taken over by the newly created RTR internal department and the collaboration continued for financial-accounting consulting services and then for financial consulting services for the purpose of requesting and obtaining State aid for a Greenfield investment project. The promptness, professionalism and competence with which FINEXPERT answered each time to RTR’s requests determined us to maintain a solid, reliable and long lasting partnership. This partnership is translated, among the approval of the State aid mentioned above, by the development of the investment during the period 2008-2011 and by obtaining funding amounting to 28 Mil. Euro.