Since Romania became member of the European Union, the country receives structural funds to reinvest in major modernization projects (transport infrastructure, environment, energy and water treatment …)
European Regional Economic Development Fund (ERDF)
The funds are used in investments such as fabrication, production, infrastructure investments and development of local small businesses. For the years 2007 to 2013, the new countries joined the EU, such as Romania benefit from this fund structured: INNOVATION The SUSTAINABLE DEVELOPMENT, the ACCESS NETWORKS
Structural Funds and Cohesion (FSC)
investment in the environmental sector
European Social Fund (ESF)
support the economic and social development of less developed regions. For the period 2007-2013, € 3.7 billion was allocated to Romania.