Regional Aid Zones (AFR) are the outcome of the European Union's commitment to further involve public authorities in the economic development of territories experiencing difficulties. AFR zones give companies the opportunity to benefit from subsidies related to productive investments or job creation.
The aid granted by the state or local authorities to AFR companies can cover:
- Investment costs for plots, equipment, business premises or intangible asset (e.g. patents),
- Wage costs of employment directly created by the investment project over 2 years.
On these areas, companies that comply with specific conditions can benefit from significant aid.