Romania Extends Film Cash Rebate Program Through 2029
8 reported
Romania has approved a three-year extension of its revamped cash rebate program for film and television productions, the government announced during the Transilvania Intl. Film Festival. Under the new legislation, financing agreements can be signed through the end of 2029, with payments running through the end of 2031. The program, administered by the Office of Film and Cultural Investments (OFIC), offers a 30% cash rebate on eligible production expenditures incurred in Romania. Since relaunching the program in 2024, Romania has drawn over 90 projects representing an estimated €110 million in planned local spend, according to the OFIC. The annual budget cap remains at €55 million, with an overall budget of approximately €250 million, of which nearly €180 million remains available for new projects. The extension provides legal certainty for productions currently in development for 2027–2029, according to the OFIC. Industry figures expressed support for the move, noting it will help attract international productions and support Romanian filmmakers.
What’s reported
Romania extended its revamped cash rebate program by three years, announced during the Transilvania Intl. Film Festival.
Financing agreements can be signed through the end of 2029, with payments through the end of 2031.
The program offers a 30% cash rebate on eligible production expenditures in Romania.
Annual budget cap is €55 million ($63.2 million); overall budget is approximately €250 million ($287 million).
Nearly €180 million ($206.7 million) remains available for new projects, per the OFIC.
Since 2024, over 90 projects representing an estimated €110 million ($126.3 million) in planned local spend have been drawn to Romania, per the OFIC.
International productions attracted include Netflix’s “Wednesday,” Sony’s “Alex Rider,” and BBC America’s “Killing Eve.”
The program includes a fully digitized application and documentation system.
Key figures
Valentin Savu, director general of the Office of Film and Cultural Investments (OFIC)
Tudor Giurgiu, veteran filmmaker and Transilvania Intl. Film Festival founder
Andrei Boncea, co-founder of Frame Film and president of the Alliance of Romanian Producers
Sources: Variety
