Support of the consequences of war (guarantee)
Support for companies whose operations have been affected by the economic consequences of Russia’ s military aggression against Ukraine.
Who may apply for the support?
Performers of economic activity
Farmers
Fisheries and aquaculture companies
SMEs and large companies
Opportunities
Up to EUR 10,000,000, but not exceeding one of the following:
- 15% of the average turnover in the last three completed financial years or
- 50% of the total energy costs in the last 12 months
- The liquidity needs of an SME for the next 12 months or a large company for the next 6 months
For new working capital and investment loans
The guarantee covers up to 90% of the amount of the financial service (at the moment the remainder is underwritten)
Term - up to 6 years
Guarantee premium of 0.25%-2% annually
N. B. Support is provided until the end of the program's temporary regulation -until 31.12.2023
Support is provided pursuant to the Cabinet Regulation on Guarantees for Mitigating the Consequences that Russia’s Military Aggression Against Ukraine Had on the Economy and Rules for Implementing Market Reorientation