FEDER funds help from the European Union

hec News

RIOSA-Refinación Industrial Oleícola SA has received aid from the European Union under the Operational Program ERDF of Andalusia 2014-2020, financed as part of the Union's response to the COVID-19 pandemic (REACT-EU), to compensate for the extra energy cost of natural gas and/or electricity to SMEs and the self-employed especially affected by the increase in the prices of natural gas and electricity caused by the impact of Russia's war of aggression against Ukraine.'

Aid of this type helps to alleviate the effects of force majeure crises in companies in the Union, helping to maintain employment and reindustrialization.