absorption progress of eu structural funds within the competence of the ministry of economics...

Latvijas Republikas

Ekonomikas ministrijaMinistry of EconomicsRepublic of Latvia

Absorption progress of EU Structural Funds within the competence of the Ministry of Economics

14/06/2007

Latvijas Republikas


Financial absorption

In 2004-2006 all in all LVL 116.134 M from EU Structural Funds are available to the MoE

State aid programmes for the private sector:Agreements signed in total with final beneficiaries for the amount of LVL 157.1 M, out of these:

- EU Structural Funds LVL 99.56 M; - State budget funding LVL 57.5 M.

Support provided to 771 commercial entity in Latvia.

Support measures for the public sector:Agreements signed in total for LVL 22.5 M, out of these:

- EU Structural Funds LVL 16.42 M; - State budget funding LVL 6.08 M.

Signed 44 agreements with municipalities, their commercial companies and public organisations.

Latvijas Republikas


Expenditure in breakdown by support programmes(private sector, M LVL)

"Support for re-training of employed,

providing sector-oriented training"

LVL 0.010 M

"Training and consultations for business and

self-employment start-ups"

LVL 0.047 M"Development of loan guarantee system"

LVL 2.704 M

SAS 2.0 "Support to new product and

technology development"

LVL 3.998 M

"Loans (incl. microloans) for business start-

ups"

LVL 4.644 M

SAS 4.0 "Support for training, re-training

and raising of qualification of employed"

LVL 2.379 M

SAS 3.2 "Support to participation in

international exhibitions and trade

missions"

LVL 1.191 M

SAS 1.1 "Creation and reconstruction of

connections required for development of

infrastructure"

LVL 4.975 M

SAS 1.3 "Creation of separated

infrastructure"

LVL 6.365 M

SAS 3.1 "Consultation services"

LVL 2.796 M

SAS 1.2 "Business improvement according

to requirements of standards"

LVL 102.714 M

Latvijas Republikas


Expenditure in breakdown by support measures(public sector, M LVL)

EnergyLVL 16.25 M

TourismLVL 9.72 M

Latvijas Republikas


Expenditure in breakdown by regions(private sector, %)

Riga21%

Vidzeme planning region14%

Kurzeme planning region17%

Zemgale planning region17%

Latgale planning region12%

Riga region19%

Latvijas Republikas


Expenditure in breakdown by regions(public sector, %)

Vidzeme planning region22%

Kurzeme planning region

28%

Zemgale planning region22%

Latgale planning region11%

Riga region17%

Latvijas Republikas


Expenditure breakdown by sectors of national economy(private sector)

Sector of national economy LVL (M) %

Mining industry, manufact. of construction materials, construction services 27.231 20.21

Forest exploitation/ wood processing 24.665 18.31

Metal processing 17.739 13.17

Chemical industry 13.728 10.19

Publishing/printing 8.256 6.13

Food industry 6.689 4.96

Recreation/ tourism and hotel services 5.479 4.07

Textile industry 4.860 3.61

Manufacturing of electronic equipment 4.183 3.10

Transport 3.914 2.91

Processing of raw materials 2.751 2.04

Health care 1.713 1.27

Services 10.019 7.44

Other sectors 3503 2.60

TOTAL 134.731 100

Latvijas Republikas


0,00

5,00

10,00

15,00

20,00

25,00

30,00M

LV

L

Expenditure breakdown by sectors of national economy (private sector)

Latvijas Republikas


Attracted national funding(result indicator)

In total national co-funding attracted for LVL 128.019 M

114,05

4,00 3,992,38

7,35

102,65

5,67 4,001,00

14,70

0,00

20,00

40,00

60,00

80,00

100,00

120,00

Support formodernisation of

businessinfrastructure

Support ofrdevelopment of new

products andtechnologies

Support forconsultations andparticipation in

internationalexhibitions

Support for training,re-training and

increasingqualificiation of

employed

Access to financialresources

Support National co-funding

Latvijas Republikas


Attracted national funding against planned

102,65

5,674,00

14,70

51,49

6,114,00

6,71

0,00

20,00

40,00

60,00

80,00

100,00

120,00

Support formodernisation of business

infrastructure

Support ofr developmentof new products and

technologies

Support for consultationsand participation in

international exhibitions

Access to financialresources

National co-funding

National co-funding (according tothe planned in SPD)

Latvijas Republikas


Number of approved projects in breakdown by aid schemes(output indicator)

Aid schemeNumber of projects

SAS 1.1 "Creation and reconstruction of connections required for development of infrastructure"

26

SAS 1.2 "Business improvement according to requirements of standards" 258

SAS 1.3 “Creation of separated infrastructure" 15

SAS 2.0 “Support for development of new products and technologies" 45

SAS 3.1 “Consultation services" 300

SAS 3.2 “Participation in international exhibitions and trade missions" 94

SAS 4.0 "Support for training, re-training and raising of qualification of employed" 157

“Loans (incl. microloans) for business start-ups" 84

“Development of loan guarantee system" 49

TOTAL 1 028

Latvijas Republikas


Programme demand(private sector, pcs)

0

50

100

150

200

250

Aug

usts

Sep

tem

ber

Oct

ober

Nov

embe

r

Dec

embe

r

Janu

ary

Feb

ruar

y

Mar

ch

Apr

il

May

June

July

Aug

ust

Sep

tem

ber

Oct

ober

Nov

embe

r

Dec

embe

r

Janu

ary

Feb

ruar

y

Mar

ch

Apr

il

May

June

July

Aug

ust

Sep

tem

ber

Oct

ober

Nov

embe

r

2004 2005 2006Time

Num

ber

of

Total

Support for modernisation ofbusiness infrastructure

Support for development of newproducts and technologies

Support for consultations andparticipation in internationalexhibitions

Support for training, re-trainingand raising of qualification ofemployed

Latvijas Republikas


Aid disbursed(private sector, M LVL)

Aid scheme 2005 2006 2007

SAS 1.1 "Creation and reconstruction of connections required for development of infrastructure"

0.000 0.691 1.063

SAS 1.2 "Business improvement according to requirements of standards"

5.720 17.569 10.870

SAS 1.3 “Creation of separated infrastructure" 0.061 0.119 0.073

SAS 2.0 “Support for development of new products and technologies" 0.000 0.351 0.482

SAS 3.1 “Consultation services" 0.198 1.059 0.642

SAS 3.2 “Participation in international exhibitions and trade missions" 0.017 0.056 0.110

SAS 4.0 "Support for training, re-training and raising of qualification of employed"

0.008 0.157 0.453

“Loans (incl. microloans) for business start-ups" 0.000 1.656 2.610

“Development of loan guarantee system" 0.000 1.942 1.918

TOTAL 6.004 23.603 18.221

Latvijas Republikas


Investments in fixed assets in 2005(co-funded from EU Structural Funds)

Sector of national economy InvestmentsLVL (M)

Of industry*

%

Agriculture, hunting and forestry (A) 0.90 0.74

Mining industry and quarrying (C) 0.93 9.50

Processing industry (D) 26.78 6.10

Construction (F) 0.26 0.14

Hotels and restaurants (H) 0.00 0.00

Transport, storage and communication (I) 1.50 0.40

Operations with real estate; lease and other commercial activities (K) 0.10 0.02

Other utility, social and individual services (O) 0.00 0.00

TOTAL 30.47 1.13

*According to CSB data on total investments for acquisitions of fixed assets in breakdown by sectors of national economy

Latvijas Republikas


Evaluation of efficiency of aid schemes and funding used has been started:

On the level of national economy – identifying project impact on indicators of national economy

On sectoral level – identifying project impact in breakdown by sectors

On project level – evaluating aid impact on business growth compared to situation before implementation of the project, and with average industry indicators

Currently data are gathered on project indicators and sector indicators

Latvijas Republikas


Brīvības iela 55, Riga, LV 1519Phone: 67013101Fax: 67280882E-mail: [email protected] site: www.em.gov.lv

absorption progress of eu structural funds within the competence of the ministry of economics...

Documents

eu structural funds

support measures

state budget funding

public sector

business startupslvl

business improvement

sectororiented traininglvl

public organisations