{"id":118015,"date":"2021-01-10T15:47:33","date_gmt":"2021-01-10T13:47:33","guid":{"rendered":"https:\/\/rhn.ro\/geo-224-30-12-2020-support-for-horeca-e500-million-allocation\/"},"modified":"2026-03-07T14:33:07","modified_gmt":"2026-03-07T12:33:07","slug":"geo-224-30-12-2020-support-for-horeca-e500-million-allocation","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/geo-224-30-12-2020-support-for-horeca-e500-million-allocation\/","title":{"rendered":"GEO 224\/30.12.2020 &#8211; Support for Horeca &#8211; \u20ac500 Million Allocation"},"content":{"rendered":"\n<p>Non-reimbursable funds amounting to 20% of the loss in turnover or volume of business, in the case of travel agencies, resulting from the activities related to the CAEN codes listed in Art. 3 para. (2), suffered in 2020 compared to 2019.<\/p>\n\n\n\n<p>ELIGIBLE ENTITIES:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>licensed travel agencies operating under CAEN codes 7911, 7912, 7990,<\/li><li>classified tourist accommodation structures operating under CAEN codes 5510, 5520, 5530, 5590<\/li><li>food service structures operating under CAEN codes 5610, 5621, 5629, 5630.<\/li><\/ul>\n\n\n\n<p>&nbsp;The aid may be granted to enterprises that:<\/p>\n\n\n\n<p>&#8211; are not in difficulty, within the meaning of the definition in Art. 1 para. (3) lit. i) and\/or enterprises that were not in difficulty on December 31, 2019, but which faced difficulties or entered into difficulty subsequently due to the COVID-19 epidemic. (4) By way of exception to the provisions of para. (3), the aid may be granted to micro-enterprises or small enterprises;<\/p>\n\n\n\n<p>&#8211; have not received other aid according to Section 3.1 of the Communication or, if they have, the total aid received combined with the aid received under this scheme does not exceed 800,000 euros;<\/p>\n\n\n\n<p>&#8211; are not in insolvency at the time of registration in the state aid scheme.<\/p>\n\n\n\n<p>The amounts related to the state aid scheme are provided from the state budget through the budget of the Ministry of Economy, Entrepreneurship and Tourism, within the budgetary provisions approved for this purpose and\/or from external funds.<\/p>\n\n\n\n<p>&nbsp;<strong>Signing of the financing contract by June 30, 2021, at the latest!<\/strong><\/p>\n\n\n\n<p><strong>FIRST COME, FIRST SERVED!<\/strong><\/p>\n\n\n\n<p>&nbsp;The payment mechanism to the enterprise is used, in the order of uploading applications accompanied by complete documentation.<\/p>\n\n\n\n<p><strong>The budget of the state aid scheme is estimated at 500 million euros<\/strong><\/p>\n\n\n\n<p><strong>The obligation to maintain the activity for which they obtained financing for at least 6 months from the date of signing the financing contract<\/strong>, unless normative acts impose restrictions that require the suspension or interruption of commercial activity. The period of suspension or interruption of commercial activity is not taken into account when determining the 6-month term.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">About REI Group<\/h4>\n\n\n\n<p>REI FINANCE ADVISORS and REI INTERNATIONAL, part of <a rel=\"noreferrer noopener\" href=\"https:\/\/reigrup.ro\/\" target=\"_blank\">REI Group<\/a>, are companies specialized in the development, implementation, and monitoring of investment projects through both non-reimbursable European funds (Regional Operational Programme, Large Infrastructure Operational Programme) and state aid schemes (GD 495\/2014, GD 807\/2014, GD 332\/2014, GEO 810).<\/p>\n\n\n\n<p>With over 10 years of experience in this field, REI Group specialists easily adapt to market requirements, knowing the mechanisms of non-reimbursable funds very well and identifying opportunities to obtain financing from internal and external sources. They efficiently manage project activities, the relationship with public authorities, and the relationship with private companies. The REI Group team currently numbers 15 consultants with extensive experience in attracting non-reimbursable funds for companies operating locally.<\/p>\n\n\n\n<p>REI Group has successfully attracted financing for over 250 projects nationwide, with over 100 projects implemented and a success rate \u2013 a leader in the field \u2013 of 99%. In 2019, REI Group recorded approved projects amounting to EUR 80 million, and this year the value of approved projects will exceed the EUR 200 million threshold. More details about REI Group&#8217;s activity, <a rel=\"noreferrer noopener\" href=\"https:\/\/reigrup.ro\/portofoliu\/\" target=\"_blank\">here<\/a>.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong><em>Send us your 2019 business balance sheet and a project summary to the e-mail address: <a href=\"mailto:roxana.mircea@fonduri-europene.tel\" target=\"_blank\" rel=\"noreferrer noopener\">roxana.mircea@fonduri-europene.tel<\/a> or call 0755.046.434<\/em><\/strong><\/p>\n\n\n\n<p><em><strong>We will contact you as soon as possible to discuss your company in detail!<\/strong><br><\/em><\/p>\n\n\n<h3>Frequently Asked Questions<\/h3><strong>Who is eligible for Horeca support through GEO 224\/2020?<\/strong><p>Eligible entities include licensed travel agencies, classified accommodation structures, and food service units (restaurants, cafes) that hold the CAEN codes specified in the ordinance.<\/p><strong>What is the value of the financial aid granted?<\/strong><p>The aid represents 20% of the loss in turnover (or business volume for travel agencies) recorded in 2020 compared to 2019.<\/p><strong>What is the main obligation for beneficiaries after receiving the funds?<\/strong><p>Beneficiaries are required to maintain the activity for which they received financing for at least 6 months from the date the financing contract is signed.<\/p>","protected":false},"excerpt":{"rendered":"<p>Non-reimbursable funds amounting to 20% of the loss in turnover or volume of business, in the case of travel agencies, resulting from the activities related to the CAEN codes listed in Art. 3 para. (2), suffered in 2020 compared to 2019. ELIGIBLE ENTITIES: licensed travel agencies operating under CAEN codes 7911, 7912, 7990, classified tourist&hellip;<\/p>\n","protected":false},"author":0,"featured_media":70226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2859],"tags":[128,127,3196,125,126],"thb-sponsors":[129],"class_list":["post-118015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stirea-editiei-en","tag-ajutoare-de-stat","tag-fonduri-europene","tag-horeca-en","tag-rei","tag-roxana-mircea"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2020\/02\/topstory.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=118015"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118015\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/70226"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=118015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=118015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=118015"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=118015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}