Romania secures over €9 billion from EU recovery plan and adds €660 million private fund financing

Romania has received more than €9 billion from the EU's National Recovery and Resilience Plan (PNRR) after the approval of four payment requests. The fourth request, submitted in December 2025, was approved in May 2026 without any deductions, bringing total disbursements to roughly €2.25 billion for that tranche. Earlier requests faced partial suspensions and delays due to shortfalls in state‑owned enterprise governance, energy‑sector appointments, and pension reforms, but the latest approval marks the first fully unblocked payment. The country now faces pending fifth and sixth requests that could unlock about €10 billion more, while the overall PNRR programme remains valued at over €20 billion.

Separately, the Romanian government approved a mechanism to channel up to €660 million of private‑sector financing to domestic firms. The funds, managed by locally based venture‑capital, private‑equity and renewable‑energy infrastructure vehicles, have already supported 24 companies with more than €140 million in investments. The scheme replaces grant‑type support with equity‑type capital, offering tickets ranging from €50 000 for early‑stage startups to €15‑20 million for mature businesses. Participants include Romanian‑focused funds such as GapMinder, Morphosis, EarlyGame Ventures and Booster Capital, with the aim of boosting technology, organized consumption and renewable‑energy projects across the country.