Romania's Development Bank receives €1 billion EU capital boost
The European Commission approved state aid measures announced by Romania for its national investment bank, the Bank for Investment and Development (BID). The package includes a capital increase of €1 billion, of which €100 million will be funded through a loan from the EU Recovery and Resilience Mechanism. In addition, the Commission extended the bank’s state guarantee for three years, now running until 31 December 2032.
The Commission also authorized an expansion of BID’s mandate, allowing it to finance a broader range of activities such as defence, high‑technology production, knowledge‑intensive industries and cyber‑security, alongside its existing focus on SMEs, start‑ups and infrastructure projects in health, education, utilities and renewable energy. The EU assessment concluded that the measures are necessary, appropriate and proportionate, and that they contain sufficient safeguards against market distortion.
The capital injection and guarantee extension are intended to improve access to financing for Romanian enterprises that struggle to obtain market funding, thereby supporting economic development and the country’s long‑term strategic objectives.