The grants are supposed to cover the problems caused by the war in Ukraine.
The total budget of the scheme, to be in force until the end of June 2023, is EUR200 million.
The beneficiaries of the scheme are economic operators which carry out activities in the following classes: CAEN Code 1061 – Manufacturing of milling products, CAEN Code 1041 – Manufacturing of oils and fats, CAEN Code 1051 – Manufacturing of dairy products and cheeses, CAEN Code 1091 – Manufacturing of food for farm animals.
“Russia’s military aggression in Ukraine has affected the supply chains and the functioning of many components of the economy and agriculture. The Government allocates grants to offset the higher cost of raw material stocks, transport, storage and processing,” Executive spokesperson Dan Carbunaru told a press conference after the Government meeting.
The maximum financial grant per beneficiary is EUR500,000 conditional upon the creation of raw material stocks for processing, as follows: 14,280 tons of wheat, or 14,280 tons of corn, or 9,615 tons of sunflower, or 10,000 tons of raw milk, or for obtaining combined fodder 15,600 tons consisting of wheat and/or barley and/or corn and/or soy and/or rapeseed.
If the stocks are lower than those foreseen, the level of the financial grant is reduced pro-rata, accordingly.