The European Commission has approved a €1 billion capital increase for Romania’s National Investment Bank BID, part of a €100 million Recovery and Resilience Facility loan, and extended its state guarantee until 31 December 2032. The decision also extends BID’s mandate beyond the 2023 scope, allowing it to finance projects in defence, high‑tech manufacturing, knowledge‑intensive industries and cybersecurity. Commission assessed the measures under EU State aid rules, noting they address market failures, improve access to finance for SMEs and start‑ups, and remain proportionate with safeguards to prevent crowding out of private investment. The bank will support loans, guarantees and equity financing in renewable energy, broadband, infrastructure, ports and airports, while the new remit will target strategic sectors.
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