state support - Latest news GMK Center

The country's steel industry is under pressure due to internal and external factors

The initiative will complement another programme approved at the end of last year

The state budget provides for funding of $228.5 million for the 2026/2027 financial year

Another loan tranche is expected to be approved in July

The new crisis relief mechanism allows for the reimbursement of electricity costs through the end of 2026

The administrators cited the liquidity crisis as the reason for the loan

The industry is under pressure from the conflict in the Middle East and the tariff policies of other countries

At the same time, the Dutch parliament is considering support for the decarbonization of the plant in Eemeden

The program will support the construction of new 1-GW electrolysers

In 2026, the National Development Agency — the equivalent of a development bank — was established under the Entrepreneurship Development Fund

Experts have warned the government against providing subsidies

The British regulator expects costs to reach £615 million by June of this year