Regional Operational Programme 2007-2013 (Regio)
Regional Operational Programme 2007-2013 (Regio) is one of the Romanian Operational Programmes agreed with the European Union, being an important tool for the implementation of the National Development Strategy and regional development policies. The program is open to all the 8 development regions of Romania.
North-East Regional Development Agency acts as Intermediate Body for the Regional Operational Programme 2007-2013 in the North-East Region.
The strategic objective of Regio is to support an economic, social, sustainable and territorial balanced development of all Romanian regions, according to specific needs and resources, with a focus on supporting sustainable development of urban growth poles, improving the business environment and basic infrastructure, to make Romanian regions, particularly the least developed, attractive places for investment.
Romania Regional Operational Programme is funded by the European Regional Development Fund (ERDF). It supports EU regions with a GDP per capita below 75% of the European average.
Regio total budget is about 4.4 billion euros in the first 7 years after accession (2007-2013). EU funding represents approximately 84% of the ROP. The rest comes from national funds, public (14%) and private (2%).
Allocation of funds by region was done so to support the fulfillment of ROP objective on supporting a balanced development of all regions of Romania. For this purpose, the less developed regions and areas receiving more funds to prevent the growth of existing social and economic disparities between regions. North-East have been allocated through this program Euro 724.09 million representing 16.32% of the funds run by Regio.
Balanced development of all regions of the country will be achieved through an integrated approach based on a combination of public investment in local infrastructure, active policies to stimulate business activities and supporting local resources capitalizing on June 14 priority axes and intervention areas .
For more details on Regio in the North-East Region visit the dedicated website at www.inforegionordest.ro.