TIU Group, one of Romania’s leading integrators of technology solutions and critical infrastructure, has formed a partnership with GAC Innovation East Europe to structure and optimize investments in R&D. The collaboration aims to leverage available funding mechanisms and transform R&D activities into a rigorous, systematic, and results-oriented process.
As part of the partnership, GAC Innovation East Europe provides the methodological and advisory support necessary for the TIU Group to structure its R&D investments in an efficient and sustainable manner. The activities cover three main areas:
▸R&D Optimization – structuring and efficiently leveraging existing investments in innovation
▸Smart financing – identifying and leveraging available financing mechanisms at the national and European levels, creating complementary sources of funding for research and development projects for new products and solutions.
▸Strengthened position – reinforcing the TIU Group’s competitive position in a dynamic and constantly evolving technology sector.
The partnership has resulted in accessing additional resources for innovation, obtained through the 50% tax deduction applicable to eligible R&D expenses when calculating corporate income tax according to the Romanian Fiscal Code, as well as through access to European funding. Furthermore, the collaboration has contributed to the consolidation of an internal framework for managing R&D activities, capable of generating long-term value and supporting the group’s organic growth.