The Project Studied State Support Provided to Undertakings in Ukraine

On 25 March 2015, the Project will present the first ever Study of State Support to Undertakings in Ukraine at a workshop. 

During the workshop, authors of the Study and Project Experts will present findings on State Supports to Undertakings in Ukraine to key stakeholders and media and discuss these findings in the context of the Law on State aid to Undertakings of July 2014.

The main purpose of the Study is to provide the government, involved public authorities and institutions, as well as the public at large, with an initial insight regarding the objectives, scope, key beneficiaries and estimated amounts of State support to undertakings in Ukraine in recent years. This is the first such study carried out in Ukraine.

Dr. Eugene Stuart, EU Project Leader, explained that: “The available fragmented information about State support measures in Ukraine creates certain constraints for establishment of a functioning State aid monitoring and control system. To ensure alignment of the national system of State aid control with EU State aid rules, a State aid inventory needs to be established and maintained, and annual reports on State aid measures must be prepared. This will allow government to properly identify public interventions in the market and consequences of support measures for competition, trade, and value for public money and provide a basis for future decisions concerning budgetary and industrial polices and economic development programmes.”

The Workshop will be attended by officials from the Anti-Monopoly Committee of Ukraine, the Ministry of Economic Development and Trade, Presidential Administration, Cabinet of Ministers, Verkovna Rada, the Ministry of Agriculture, the Ministry of Energy and Coal,  the Ministry of Environmental Protection,  the Ministry of Culture,  the Ministry of Justice,  the Ministry of Regional Development,  the Ministry of Infrastructure,  the Ministry of Industrial Policy,  the Ministry of Finance,  the State Fiscal Service, the State Agency for Investments and media.