Which companies are beneficiaries and which are excluded?

1. Beneficiaries of the subsidies granted under the schemes of the new framework are the investment entities that are established or have a branch in the Greek Territory at the time of commencement of works of the investment plan and have one of the following forms:

1. Commercial company.
2. Partnership.
3. Social Cooperative Enterprises (Koin.S.Ep.), Agricultural Cooperatives (AS), Producer Groups (OP), Urban Cooperatives, Agricultural Cooperative Partnerships (AES).
4. Companies under establishment or under merger, with the obligation to have completed the publicity procedures before the commencement of works of the investment plan.
5. Joint ventures engaged in commercial activity.
6. Public and municipal enterprises and their subsidiaries, provided that:
7. They have not been assigned a public service.
8. The provision of services has not been assigned exclusively to them by the state.
9. Their operation is not subsidized with public resources for the period of fulfillment of their long-term obligations.

2. Companies that are excluded

The following are excluded from aid and inclusion in the above schemes:

1. The companies for which, when submitting an investment plan application, the aid recovery process is pending against them (Deggendorf principle).
2. Troubled undertakings, as defined in Article 4.
3. Undertakings which in the 2 years prior to the submission of the aid application have:
   1. relocate the business establishment in which the initial investment for which the aid is requested will be made; or
   2. do not undertake not to do so within a period of 2 years after the completion of the initial investment for which the aid is requested, and
4. Companies that implement investment projects carried out on the initiative and on behalf of the State, based on a relevant contract for the execution of a project, concession or provision of services.