State aid is the form of state intervention intended for inciting a specific economic activity. It can, however, distort the competition because it introduces discrimination between enterprises that receive state aid and other market participants that operate without receiving it. The European Union has recognised that danger for the common market and has therefore defined rules on granting state aid and established the system of their control.
The aim of the project was to describe the practice of state aid granting by the Government Asset Management Agency, determine the amounts of state aid granted and investigate compliance of the practice with the regulatory framework. Furthermore, the aim was to analyse efficiency of state aid granted to selected companies, recipients of state aid granted by the Agency, considering the economic surroundings environment and sectoral economic developments.
The results of the project contain recommendations on how the Agency could grant state aid in the future, when necessary, in a manner that would be completely aligned with the relevant legislature.