The European Commission has approved a € 2.7 million scheme to support companies active in the Croatian poultry sector in the context of the coronavirus outbreak.
The scheme aims at mitigating the liquidity shortages that poultry slaughterhouses and egg producers. Photo: tawatchai07
According to the European Commission, this is “necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State”.
The scheme was approved under the State Aid Temporary Framework, a scheme under which public support will take the form of direct grants. The measure aims at mitigating the liquidity shortages that poultry slaughterhouses and egg producers are facing and at addressing part of the losses that they suffered due to the coronavirus outbreak and the restrictive measures put in place to limit the spread of the virus.
Open to registered poultry producers and slaughterhouses
The scheme will be open to all registered poultry slaughterhouses or primary producers of eggs, and the amount of aid per beneficiary will be calculated based on the increase in the number of frozen poultry during 2019 and 2020, or the number of eggs produced from 1 April and 31 December 2020.
According to the European Commission, the aid will not exceed € 1.8 million per slaughterhouse and € 225,000 per company engaged in the rearing of laying hens and will be granted no later than 31 December 2021.