Nazare: IDB considers a 100 million contribution to RoBOOST fund

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Sursă foto: Alexandru Nazare via Facebook

The Investment and Development Bank of Romania (BID) is considering a €100 million contribution to RoBOOST—a new fund-of-funds designed to finance Romanian startups, SMEs, and companies at various stages of growth—Interim Finance Minister Alexandru Nazare announced on Friday.

He is participating in the informal ECOFIN meeting in Dublin, alongside finance ministers and central bank governors from the European Union.

"During the very first hours of the meeting, I had the opportunity to meet again with Nadia Calvińo, President of the European Investment Bank, with whom I discussed RoBOOST, the new fund-of-funds dedicated to Romanian companies. RoBOOST is a mechanism through which public capital can help attract and mobilize private and institutional capital—via private equity and venture capital funds—to finance startups, SMEs, and Romanian companies at various stages of growth. BID (Romania's Investment and Development Bank) plans to contribute €100 million to this mechanism," Alexandru Nazare wrote on his Facebook page.

The meeting agenda includes topics related to financial innovation, capital mobilization, and the impact of artificial intelligence on the economy.

"It is crucial that we actively participate in all these discussions, champion the country's interests, and build alliances before European policy directions are already set. Having a seat at the negotiating table means we can place Romania's priorities on the agenda and contribute to the decisions that will shape the European economy. In the period ahead, we need a Romania that is increasingly present and well-connected to these debates—not merely to track European decisions, but to actively contribute to shaping them," stated the interim Minister of Finance.

According to a statement from the Ministry of Finance (MF) sent to AGERPRES, Alexandru Nazare is participating—on September 18-19, 2026—in the informal meeting of EU Ministers for Economic and Financial Affairs (ECOFIN) and central bank governors, organized in Dublin by the Irish Presidency of the Council of the European Union.

The discussions will address economic and financial topics in the context of technological transformations and developments in financial markets.

On September 19, 2026, EU finance ministers will exchange views on the impact of artificial intelligence on the European economy and societies, based on a presentation by International Monetary Fund Managing Director Kristalina Georgieva. This session will include several thematic discussions in working groups, followed by a broader dialogue involving all participants.

On the sidelines of the informal ECOFIN meeting, the interim Finance Minister will hold a bilateral meeting with his French counterpart, Roland Lescure, to discuss topics of mutual interest on the European agenda and the economic situation of both countries. France actively supports—at the European level—accelerating the Union of Savings and Investments, deepening capital markets, and mobilizing private capital to finance companies and investments; these are matters of importance to Romania as well.

The discussions will focus on how the two states can cooperate more closely on the EU competitiveness agenda and on the consolidation of public finances, against the backdrop of both Romania and France seeking to reduce imbalances without undermining investment and economic growth prospects.

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