The European Commission has announced today (7 July) that EU member states can grant aid for food production research projects without having to ask its permission.


Brussels currently controls such subsidies but, under the new proposals, food companies would be able to request 100% funding of projects from their national governments, although they would have to publish the results on the Internet for five years.


The studies would also have to be of general interest to other players within a sub-sector.


These rights will come into force within weeks because the Commission has the authority to create them without referring to member states and the European Parliament.


EU competition Commissioner Neelie Kroes said: “These new rules…allow member states to grant aid targeted at creating jobs, boosting competitiveness”.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.