National Plan for Recovery and Resilience (NPRR)

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National Plan

for Recovery and Resilience
(NPRR)

We offer you support in financing NPRR investments

NPRR Romania aims the general objectives of the The Recovery and Resilience Mechanism (RRM), mechanism setted at the EU level as a temporary financial instrument to support the recovery from the crisis caused by COVID-19 pandemic.

The NPRR elaborated by Romania and approved at the EU level includes a package of both public investments and reforms that must be implements by 2026.

The total allocation is of EUR 29.2 billion EUR, out of which 14.24 billion EUR in grants and 14.94 billion EUR in loans. The first financing tranche has already been received from the EU, pre-financing component of 3.7 billion EUR. The next payments will be made based on the payment requests sent by Romania, as the targets and milestones assumed to be met within the Plan are acomplished.

NPRR is structured on all 6 pillars provided by the applicable regulation:

  • Green transition;
  • Digital transformation;
  • Smart, sustainable and inclusive growth;
  • Social and territorial cohesion;
  • Health as well as economic, social and institutional resilience;
  • Policies for the new generation.

 

Within these 6 pillars are proposed to be implemented reforms and investments under various components, such as: sustainable transport / infrastructure, energy sector, health, education, water management, waste management, forests and biodiversity protection, social reforms, tourism and culture, renovation wave (transition to green and resilient buildings), digital transformation, research and innovation, etc.

 

Each reform and investment will be launched (initiated) gradually by the responsible authorities (Ministries, State Institutions, etc.), the direct beneficiaries being mainly the public ones, but there will also be initiatives dedicated to the private sector. Investment projects within NPRR can be opened in the form of a tender procedure, grant schemes, state aid schemes, etc.

 

APPLY NOW

Regardless of the legal form of organization, either company (small, medium, large) or public authority, UniCredit Bank offers a wide range of products and services to support investment projects:

 

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  • Current account for the development of the investment;
  • Letter of guarantee for participation in auctions;
  • Committed letter of comfort for covering the credit facilities in order to co-financing/ co-financing + financing the non-eligible expenses of the project, in order to apply for the call for projects or whenever requested by the responsible authority;
  • Bridge loan for the grant part, up to the receipt from the Authority and / or Investment loan for the co-financing part and / or Credit for the ineligible expenditure part (including VAT)
  • Credit for financing current expenses.

 

 

APPLY NOW

Or write us about your investment project at fabricadeproiecte@unicredit.ro.

Find more details and information regarding this in the National Plan for Recovery and Resilience.

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