Fri. Sep 13th, 2024

Brussels, 23 July 2024

The European Commission has approved, under EU State aid rules, an amendment to Finland’s map for granting regional aid until 31 December 2027, within the framework of the Regional aid Guidelines.

On 2 June 2022, the Commission approved the 2022-2027 regional aid map for Finland. On 30 May 2023, the Commission adopted a Communication regarding a possible mid-term review of the regional aid maps, taking into account updated statistics.

In this context, the amendment to Finland’s regional aid map approved today includes some adjustments to the existing areas eligible for regional aid under Article 107(3)(c) Treaty on the Functioning of the EU (so-called ‘c’ areas), as proposed by Finland on the basis of the regional aid guidelines. To address regional disparities, following today’s amendment, one already designated non-predefined ‘c’ area will include parts of the region of Kymenlaakso. The maximum aid amount for large companies in the area affected by the amendment is 20% of the eligible investment costs.

The non-confidential version of today’s decision will be made available under the case number SA.114318 in the State Aid register on the Commission’s competition website once any confidentiality issues have been resolved.

 

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