The Cabinet of Ministers approved a royal decree on measures to intervene in the economic and social consequences of the war in Ukraine, including the extension of the contract for assistance in the manufacturing industry until 31 December 2023. This formula is used by major industry. Asturias by companies like ArcelorMittal.
“In an economic situation marked by the war in Ukraine and the high cost of energy, it is essential to continue to have this number of contracts benefiting both companies and workers, preserving the industrial fabric in the region and avoiding workforce adjustments,” the sources pointed to the Ministry of Industry.
The benefit agreement facilitates the departure of older workers and allows young people to be involved in the world of work, promoting the generational relief necessary for the industry. The regulation on the partial pension method with the simultaneous conclusion of a benefit contract, which was in force before the entry into force of Law No. 27/2011 of 1 August on the updating, adaptation and modernization of the security system, will remain in force. Social to pensions received before 1 January 2024.
The government also approved the launch of a strategic project for industry decarbonisation (PERTE), with European funds from the Recovery Plan. sector. It will be equipped with 3,100 million.
A $450 million hotline to gas-intensive companies has also been approved to offset costs due to the extraordinary rise in natural gas prices. The amount of aid will be distributed among the selected activities, taking into account the intense gas consumption, the development of prices and profits of industrial activities, and their environmental impact. Activities under the helpline cover sectors such as ceramics, tiles, paper, glass, iron, steel, aluminum, synthetic fibers and food products, man-made and synthetic fibers.
Complementing this hotline, the Cabinet of Ministers has approved a 500 million ICO-Ukraine hotline for companies in the gas-intensive industry, in order to provide private public support for the financing of this particularly affected sector. due to the increase in energy costs. The sectors with the highest natural gas consumption are recording large decreases in production: the manmade and synthetic fiber manufacturing sector, the manufacture of basic iron and steel products, decreased its production by 45% in October 2022 compared to the same month of the previous year. 32% and ceramic 25%.