Dáil Éireann Debate, Thursday - 28 February 2019
127. Deputy Billy Kelleher asked the Minister for Business, Enterprise and Innovation if the recent state aid approval by the EU Commission for a company (details supplied) was within existing state rules and in line with the thresholds set out in EU Regulation No. 1407/2013. [10175/19]
Amharc ar fhreagraThe 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.
