The recent EU Commission approval for state aid to Carbery Food Ingredients Ltd. is individual, notifiable aid measure in the form of a direct grant for an investment project covering the processing and marketing of agricultural products (milk).
The investment is in line with State Aid rules and meets with the rural development objectives including fostering the competitiveness of agriculture and will ensure Carbery continues to guarantee a market outlet for circa. 1260 farmer suppliers and employment to 250 people in the West Cork region.
This aid measure was designed in accordance with the Guidelines for State aid in the Agricultural and Forestry Sectors and therefore is not required to comply with the thresholds of the De Minimis Regulation (EU) No 1407/2013.