The European Commission has approved a €2.3 billion Finnish program to support investments in strategic sectors and help industrial companies decarbonize their production processes. The program contributes to the achievement of the European Commission’s priorities for 2024-2029, which are based on political guidelines calling for investment in clean energy and technology. The plan was approved under the State Aid Interim Crisis and Transition Framework.
Under the Program, assistance will be provided in the form of tax credits. The program will be open to all sectors except credit institutions and other financial institutions.