Romania has officially given a three-year extension to its revamped cash rebate program, the government announced this week during the Transilvania Intl. Film Festival. Under the terms of the new legislation, financing agreements can now be signed through the end of 2029, with payments running through the end of 2031.
The program, which is administered by the Office of Film and Cultural Investments (OFIC), offers a 30% cash rebate on eligible production expenditures incurred in Romania. The annual budget cap stays at €55 million ($63.2 million), with an overall budget of approximately €250 million ($287 million) — of which nearly €180 million ($206.7 million) remains available for new projects, according to the OFIC.
Since relaunching the cash rebate program in 2024, Romania has drawn over 90 projects representing an estimated €110 million ($126.3 million) in planned local spend, according to the OFIC. Those productions — along with others currently in development for 2027–2029 — now have the legal certainty they need to move forward.
“Romania has proven it can compete for major international productions — and this extension is our commitment to keeping that promise,” said OFIC director general Valentin Savu. “We have the locations, the crews, the infrastructure and now the legislative runway to make Romania a long-term home for film and television. I genuinely believe the best productions are still to come.”
