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PR(04)06: The EFTA Surveillance Authority adopts new State Aid Guidelines for Shipbuilding

17.3.2004

The Authority has today adopted a new Framework on State Aid to Shipbuilding. This Framework provides for new rules following the expiry of Council Regulation (EC) No. 1540/98 of 29 June 1998[1].

The new Framework simplifies the treatment of aid to the shipbuilding industry, in particular by applying already established rules on training aid, aid to SMEs, employment aid and de minimis aid to the shipbuilding sector. The new Framework also recognises certain specifics that distinguish shipbuilding from other industries. These specifics have been taken into account by for example, introducing more favourable rules on innovation aid. The percentage of State support for expenditure in investments needed to fund the innovative aspects of the project is doubled from 10% to 20%.

For further information, please contact Amund Utne on tel. (+ 32)(2)0 286 18 50 or Beatrice Dankertsen on tel. (+32)(2)0 286 18 12.

[1] Council Regulation (EC) No. 1540/98 of 29 June 1998 establishing new rules on aid to shipbuilding  was incorporated into the EEA Agreement by EEA Joint Committee Decision No. 12/1999 of 29 January 1999.

17 March 2004




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