#52026AS120962Authorization for State Aid SA.120962
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The EU Commission has authorized State aid under case SA.120962 to support businesses in difficulty within Austria. This aid is governed by the Kärntner Wirtschaftsförderungsgesetz and aims to implement measures that help preserve businesses facing economic challenges. The program operates from January 1, 2026, to December 31, 2026, and is applicable to all economic sectors.
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Obligations
What this law requires
Granting authority must operate the aid scheme exclusively within the period from January 1, 2026 to December 31, 2026
Aid must be granted only to businesses in difficulty as defined by the authorization criteria under case SA.120962
All aid distribution must comply with the Kärntner Wirtschaftsförderungsgesetz (K-WFG) and its General Terms and Conditions (AGB des KWF)
Aid scheme implementation must follow the KWF-Richtlinie 'Unternehmenserhaltende Maßnahmen' 05.00-25 guidelines
Maintain records and documentation demonstrating compliance with EU State aid authorization SA.120962 for audit purposes