October 28, 2010

European Structural Funds for Romanian Projects

For Romanian's economy an important source of financing remains European Union’s Structural Funds, an opportunity to obtain economic growth and improve social conditions in Romania. According to the Ministry of Public Finance, the rate of absorption of structural funds for 2007-2010 was very low,  and the absorption of European Funds should be a maximum priority goal for Romanian Government of any political class.

The NDP 2007-2013 - National Development Plan, which was approved by the Romanian Government in December 2005, was developed as a fundamental tool to guide the use of national, European Union and other funding sources available to Romania, to explain Operational Programmes and how will be delivered the structural and cohesion funds (SCF) in Romania in 2007-2013. The Structural and Cohesion Funds Allocation for Romania was 19,668 billion Euro : 12,661 billion Euro structural funds under Convergence Objective, 6,552 billion Euro under Cohesion Funds and 0.455 billion Euro under European Territorial Cooperation Objective.

According to the Cohesion Policy of the European Union, Romania prepared also the NSFR 2007-2013 document (national strategic reference framework). In this document was formulated the priorities for the Structural and Cohesion Funds during the reference period 2007-2013, and was approved and adopted by European Community  in June 27, 2007:

- Development of Basic infrastructure to European Standards

- Increasing long-term competitiveness of Romanian Economy

- Development and more efficient use of Romania’s Human Capital

- Building an Effective Administrative Capacity

- Promoting balanced territorial development


European Union Flag

Companies and individuals can access these funds if making a successful project and it is possible to obtain non-reimbursable funds of 50-70 percent of the investment, depending on the type of project, through operational programs managed by Romanian Ministries. Eligible projects of European Union Structural and  Cohesion Funds are only the projects from European firms or European subsidiaries for non-European countries, legally registered in Europe.

For Companies, the main National Programs are:
  • Operational Programme “Increase of economic competitiveness” (Programul Operational Cresterea Competitivitatii Economice) which is managed by the Ministry of  Economy, Trade and the Business Environment has an European budget of EUR 2.554,222 million and Romanian budget of EUR 456,880 millions, its main objective is to increase Romanian companies’ productivity. The main types of investments funded are:  An innovative and eco-efficient productive system ; Research, Technological Development and Innovation for competitiveness; IT&C for private and public sectors;Increasing energy efficiency and security of supply, in the context of combating climate change; Technical assistance for OP management, implementation, monitoring and control.
  • OPTA - Operational Programme 'Technical Assistance' (Programul Operational Asistenta Tehnica) which is managed by the Ministry of  Public Finance has an European budget of EUR 2.554,222 million and  Romanian budget of EUR 456,880 millions, its main objective is "Building Effective Administrative Capacity”. The main types of investments funded are: Support to the implementation of Structural Instruments and coordination of programmes; Further development and support for the functioning of the Single Management Information System (SMIS) ; Dissemination of information and promotion of Structural Instruments.
  • Operational Programme  'Regional Operational Programme'  (Programul Operational Regional Regional) which is managed by the Ministry of  Public Finance has an European budget of EUR 3726,021 million and  Romanian budget of EUR 657,561 millions, its main objective is to create better conditions for the economic and social balanced territorial development of all Romanian regions and for urban growth poles able to spread the development. The main types of investments funded are: Support to sustainable development of urban growth poles; Improvement of regional and local transport infrastructure; Improvement of social infrastructure; Strengthening the regional and local business environment; Sustainable development and promotion of tourism; Technical Assistance
  • Operational Programme 'Transport'  ( Programul Operational Transport)which is managed by the Ministry of Transportation and Infrastructure has an European budget of EUR 4.565,937 million and Romanian budget of EUR 1131,727 millions, its main objective is to improve a the current transport systems in Romania (road infrastructure, rail, inter-modal transport, inland waterways) according to European Union standards.
    The main types of investments funded are: Modernization and development of TEN-T priority axes aiming at sustainable transport system integrated with EU transport networks;  Modernization and development of the national transport infrastructure outside the TEN-T priority axes aiming at sustainable national transport system; Modernization of transport sector aiming at higher degree of environmental protection, human health and passenger safety; Technical Assistance
  • Operational Programme 'Environment'   (Programul Operational Mediu) which is managed by the Ministry of Environment and Forests has an European budget of EUR 4.512,470 million and Romanian budget of EUR 1098,406 millions, its main objective is to improve the living standards and the environment, focusing in particular on meeting the European legislation on the environment.
    The main types of investments funded are: Extension and modernization of water and wastewater systems;  Development of integrated waste management systems and rehabilitation of historically contaminated sites; Reduction of pollution and mitigation of climate change by restructuring and renovating urban heating systems towards energy efficiency targets in the identified local environmental hotspots; Implementation of adequate management systems for nature protection; Implementation of adequate infrastructure of natural risk prevention in most vulnerable areas; Technical Assistance
  •  
  The main European Social Funds for Romania, Romania’s ESF Operational Programmes, are: 
  •  "Human Resources Development" (Dezvoltarea Resurselor Umane) managed by the Ministry of Labour, Family and Equal Opportunities, has an  European budget of EUR 3.476,144 million and a Romanian budget of EUR 613,213 million and its objective is to develop human capital and to increase employee competitiveness, by linking education and lifelong learning with the labor market, and helping the workforce to adapt to changing economic conditions, increasing labour market participation for all.
  •  "Administrative Capacity Development" (Dezvoltarea Capacitatii Administrative) managed by the Ministry of Interior and Administrative Reform, has an  European budget of EUR 208,002 million and a Romanian budget of EUR 38,011 million and its objective is to develop human capital and substantially modernising public administration.

The Summary of the submitted projects at October 22, 2010 from the official website of the Romanian Government (wish for more) is detailed below:


Operational Programme
Projects
Submitted
Projects Approved
Funding  Decisions
Payments to beneficiaries
(RON millions)
POS Transport
59
29
25
159,66
POS Environment
265
154
131
1 001,10
PO Regional
7 219
1 190
865
1 992,99
POS Human Resources Development
7 172
2 145
1 397
1 486,61
POS  Increase of economic competitiveness
6 927
2 095
1 405
859,48
PO Administrative Capacity Development
1 003
272
233
34,92
PO Technical Assistance
71
56
51
21,24
TOTAL
22 716
5 941
4 107
5 556,00

No comments: