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Home » Finance » EU Approves Lithuania’s EUR 122 Million Aid for Achema’s Green Transition
Finance

EU Approves Lithuania’s EUR 122 Million Aid for Achema’s Green Transition

By Caesar HarrettJuly 13, 20241 Min Read
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Lithuania has received approval from the European Commission (EC) to allocate EUR 122 million (USD 132.8 million) in state aid to AB Achema, a Baltic fertiliser producer, aimed at facilitating the decarbonisation of its production processes. The financial support, granted through the Just Transition Fund as a direct grant, will enable Achema to install a

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