ESF Project Submission Deadline Extended In Romania Until Mar 31, 2010

The deadline by which Romanian companies can submit projects to draw non-reimbursable funds made available through the European Social Fund (ESF) was pushed back to March 31, 2010, and applications worth a total EUR22.61 million have been selected so far, from the EUR142.4 million allotted.

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The Romanian Ministry of Labor announced Monday a decision was reached to "offer Romanian companies another chance" to draw the sums made available by the European Union through the European Social Fund.

Potential beneficiaries of the state aid scheme and de minimis scheme will be able to submit projects until March 31, 2010 for financing lines granting aid for salary costs with new employees, salary costs for new employees from rural areas, staff training and retraining costs as well as workplace security and health costs.

This year, Romanian companies had the possibility to access non-reimbursable financing worth a total EUR142.4 million through the Sector Operative Program Development of Human Resources.

According to the Ministry of Labor, 294 state aid and de minimis aid applications worth EUR48.40 million were filed by October 9, of which 250 were evaluated and only 128 were selected, with a non-reimbursable value of EUR22.61 million.

Application requests can only be filed by enterprises, regardless of size and type of capital, and the maximum sum available is EUR2 million for new employees, EUR2 million for professional training and EUR200,000 for workplace conditions improvement.

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