Five banks have been selected for the implementation of the state aid scheme in the HoReCa sector
The Ministry of Economy, Entrepreneurship and Tourism (MEAT) has admitted five partnership offers out of 11 submitted by credit institutions interested in implementing the state aid scheme in the fields of tourism, public catering, and event organization.
The accepted offers belong to the following credit institutions: CEC Bank, BRD Groupe Societe Generale, Banca Romaneasca, Banca Transilvania, and Banca Comerciala Romana.
According to MEAT, this involves the analysis and selection of partnership offers from interested credit institutions for the implementation of the state aid scheme provided by Emergency Ordinance no. 224 of 2020 regarding certain measures for granting financial support to the tourism, public catering, and event organization sectors, whose activity was affected in the context of the COVID-19 pandemic, with subsequent amendments and completions.
Frequently Asked Questions
Which banks were selected for the HoReCa scheme?
The selected banks are CEC Bank, BRD Groupe Societe Generale, Banca Romaneasca, Banca Transilvania, and Banca Comerciala Romana.
Who benefits from this state aid?
The beneficiaries are economic operators in the fields of tourism, public catering, and event organization whose activities were affected by the COVID-19 pandemic.
What is the legal basis for this program?
The program is implemented based on Emergency Ordinance no. 224 of 2020, including its subsequent amendments and completions.