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Belgium: Buy-out scheme for pig farms approved

The European Commission has approved a €200 million Flemish scheme to compensate for the reduction or closure of pig production.

13 March 2023
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The European Commission has approved, under EU State aid rules, a €200 million Flemish scheme to compensate pig producers for reducing or entirely closing their production capacity. The aim of the scheme is to reduce nitrogen emissions in the agricultural sector that result from pig production.

The scheme is open to micro, small and medium-sized companies operating a pig breeding unit in Flanders. Under the scheme, the aid will take the form of direct grants amounting to up to 120% of the loss of value of assets, namely of pigs and facilities, related to the closure of capacity. The scheme will run until 30 June 2025.

March 9, 2023/ European Commission/ European Union.
https://ec.europa.eu

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