CISAF: Commission approves Slovak State aid scheme aimed to support clean technology manufacturing capacity
The Commission has approved a EUR 1 billion Slovak State aid scheme aimed at supporting clean technology manufacturing capacity and advancing the objectives of the EU’s Clean Industrial Deal. The measure will support investments by both SMEs and large enterprises in the production of cleantech technologies, key components and related critical raw materials through a combination of direct grants and income tax relief.
The measure will remain in force until 31 December 2030 and is expected to strengthen Europe’s manufacturing capacity in strategic clean technologies while facilitating the development of economic activities that are essential for achieving the EU’s climate and industrial policy objectives.
The Commission concluded that the scheme complies with the conditions under the Clean Industrial Deal State Aid Framework (CISAF) as it is necessary, appropriate and proportionate to accelerate the transition towards a net-zero economy.
For more information, see the Commission’s PR.