Applications are open until June 30

Until June 30, applications are open for the ""Support to Gas Intensive Industries" program, which aims to support the liquidity of companies most affected by the exceptionally sharp increases in the price of natural gas.

Companies that, regardless of their legal form, carry out their main economic activity in a sector or subsector identified in Ordinance No. 140/2022 and Declaration of Rectification No. 15/2022 or in the manufacturing sector (CAE 10 to 33), may submit applications, with the exception of those that are part of the sectors of:

  • Production of energy;
  • Refining of petroleum derivatives;
  • Fisheries and aquaculture;
  • Primary production of agricultural products and forests;
  • Processing and trade in agricultural products listed in Annex I of the Treaty on the Functioning of the European Union and processing and trade in forest

To apply, companies must:

  • Be legally incorporated on 1/1/2021;
  • Have an industrial establishment in mainland territory;
  • Possess positive equity as of 12/31/2021;
  • Have the tax and contributory situation regularized;
  • Develop activities:
    • In a sector or subsector identified in Ordinance No. 140/2022, of 29 April, amended by Declaration of Rectification No. 15/2022, of 6 May; or
    • In the manufacturing sector, providing a declaration in which it demonstrates that it is an energy-intensive company*, within the meaning of the first part of point a) of paragraph 1 of article 17 of Council Directive 2003/96/EC, of 27 October 2003, and, cumulatively, demonstrate that the costs of acquiring natural gas amount to at least 2% of the value of production** in the reference period, which runs from 1/1/2021 to 12/31/2021;  
  • Submit a statement stating the number of natural gas units purchased by the company from external suppliers as a final consumer, on average, in the reference period (between 1/1/2021 and 12/31/2021);
  • Submit a statement about the increase in the price paid by the company per unit of natural gas consumed (EUR/MWh) calculated by the difference between the unit price paid by the company in a given month and the double (200%) of the unit price paid by the company, on average, in the reference period (between January 1, 2021 and December 31, 2021).

*An energy-intensive company is understood to be one whose acquisition costs for energy products and electricity amount to at least 3.0% of the value of production or for which the national tax payable on energy amounts to at least 0.5% of value added.

**The value of production means turnover, including subsidies directly linked to the price of the product, adjusted for changes in stocks of finished products, work in progress and goods and services purchased for resale, less the acquisition of goods and services for resale.

With an allocation of EUR 160 M, support will be granted in non-refundable subsidies, with an incentive rate of 30%, covering the difference between costs incurred in 2021 and those incurred in 2022. Support has a maximum limit per company of EUR 400,000.