The Regional Operational Programme 2007 - 2013 (REGIO)
is one of the Romanian operational programmes agreed with the European Union and a very important tool for implementing the national strategy and the regional development policies. It is applicable to all eight development regions of Romania. The overall objective of the ROP consists of "supporting and promoting sustainable local development, both economically and socially, in the regions of Romania, by improving the conditions of infrastructure and business environment, which support economic growth". This means that the ROP’s aim is to reduce economic and social development disparities between the more developed regions and the less developed ones.
The Regional Operational Programme in Romania is financed under one of the structural funds of the European Union – the European Regional Development Fund (ERDF). This fund supports EU regions with a GDP per capita below 75% of the European average.
The total budget allocated to the ROP is approximately 4.4 billion euros in the first 7 years after accession (2007-2013). EU funding represents approximately 84% of the ROP budget. The rest comes from national funds, public co-financing (14%) and private co-financing (2%).
The distribution of funds is done on the priority axes of the Regional Operational Programme. Each priority axis is allocated a certain budget and includes a number of key areas of intervention whose target is the achievement of development objectives.