The Government, through an Agreement of the Government Delegated Commission for Economic Affairs (CDGAE) and an Order of the Ministry of Finance, has approved the granting of regional incentives to a total of 93 projects in twelve Autonomous Communities. In particular, this aid is intended for Andalusia, Aragon, Asturias, the Canary Islands, Castilla-La Mancha, Castilla y León, the Valencian Community, Extremadura, Galicia, the Balearic Islands, La Rioja and Murcia.
The overall amount of the grants awarded is EUR 235,203,841.56 and will allow a total investment of EUR 1,056,276,601 to be mobilised. These projects will maintain 11,270 jobs and create a further 3,168 new jobs in these 93 companies.
In the specific case of La Rioja, according to the ministerial order that will be published tomorrow in the Official State Gazette (BOE), a project has been approved, which is published via Ministerial Order (since the eligible investment does not exceed 15 million euros per company).
This project has received a grant of €1,568,474.88 and represents a total investment of €5,601,696. They will also create 25 new jobs.
This aid contributes to the interterritorial economic balance and to inclusive and sustainable economic growth by financing productive investment projects, job generators, technologically advanced and environmentally sustainable, promoting economic activity in the regions with a lower level of development and helping to close the gap in terms of per capita income with the rest of the regions, not only of Spain but also of the EU.
The details of this grant granted to La Rioja are as follows:
Concession Ministerial Order
ENTERPRISE | LOCATION | INVESTMENT | SUBVENTION | EMPLOYMENT |
C&C SUSTAINABLE SOLUTIONS, S.L. | Haro | 5.601.696 | 1,568,474,88 | 25 |