IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2018 | Removal date: 30 Dec 2027
Still in force

Tax or social insurance relief

On 6 January 2015, the European Commission approved state aid to the Slovakian company Duslo, a "major European producer of nitrogen and compound fertilisers and a global supplier of rubber chemicals" (letter from the EC to Slovakia, par. 6). The company is a subsidiary of the Czech Agrofert Group.
 
With the approved state aid of 58.56 million EUR, the company plans to build a new production unit with a new ammonia production process. Despite the project having already started and being complete by June 2017, the aid will be distributed through a tax rate reduction (corporate income tax relief) over the course of ten years, beginning in 2018. This corresponds to the year where the full production of the ammonia plant is expected (par. 15).
 
The Commission decided that "the contribution of the aid to regional development outweighs its negative effects on trade and competition. Accordingly, the notified aid measures can be considered compatible with the internal market".
 
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

341 Basic organic chemicals
2929 Compounds with other nitrogen function.
292910 Isocyanates
342 Basic inorganic chemicals n.e.c.
2847 Hydrogen peroxide, whether or not solidified with urea.
284700 Hydrogen peroxide, whether or not solidified with urea.
346 Fertilizers & pesticides
3101 Animal or vegetable fertilisers, whether or not mixed together or chemically treated; fertilisers produced by the mixing or chemical treatment of animal or vegetable products.
310100 Animal or vegetable fertilisers, whether or not mixed together or chemically treated; fertilisers produced by the mixing or chemical treatment of animal or vegetable products.
3102 Mineral or chemical fertilisers, nitrogenous.
310210 Urea, whether or not in aqueous solution
310221 Ammonium sulphate
310229 Other
310240 Mixtures of ammonium nitrate with calcium carbonate or other inorganic nonfertilising substances
3104 Mineral or chemical fertilisers, potassic.
310420 Potassium chloride
3105 Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers; goods of this Chapter in tablets or similar forms or in packages of a gross weight not exceeding 10 kg.
310520 Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium
310540 Ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate)
310559 Other
348 Synthetic rubber & mixtures thereof in primary forms
4002 Synthetic rubber and factice derived from oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 40.01 with any product of this heading, in primary forms or in plates, sheets or strip.
400211 Latex
400219 Other
400220 Butadiene rubber (BR)
400239 Other
400260 Isoprene rubber (IR)
400270 Ethylenepropylenenonconjugated diene rubber (EPDM)
400299 Other
362 Other rubber products
4003 Reclaimed rubber in primary forms or in plates, sheets or strip.
400300 Reclaimed rubber in primary forms or in plates, sheets or strip.

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