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The European Commission on Friday announced having approved an up to EUR24 million Romanian scheme (RON 118.6 million) to support investments in sea and inland ports in the context of Russia's war against Ukraine.
Romania notified to the European Commission under the Temporary Crisis and Transition Framework, an up to EUR 24 million (RON 118.6 million) scheme to support private port operators in the context of Russia's war against Ukraine.
Under the scheme, the aid will consist of limited amounts of aid in the form of direct grants. The measure, partially funded through the cohesion funds, will support private port operators in order to enhance the functioning of the Ukraine-EU Solidarity Lanes.
The aim of the measure is to overcome the shortcomings of the capacity of the ports' superstructure, among others for the procurement of equipment for short-distance transport of freight and the extension of storage capacities for temporary storage. It will also facilitate grains transport and transit via Romanian ports that need urgent support to handle the increased traffic flows of goods.
The commission found that the Romanian scheme is in line with the conditions set out in the Temporary Crisis and Transition Framework. In particular, the aid will not exceed EUR 2 million per beneficiary, and it will be granted no later than December 31, 2023.
It concluded that the Romanian scheme is necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State, in line with Article 107(3)(b) TFEU and the conditions set out in the Temporary Crisis and Transition Framework. On this basis, the Commission approved the aid measure under EU State aid rules.
