Green EU funds to Czechia’s big players

According to a leaked document, a large part of that amount will go to chemical plant Lovochemie, which is owned by Czech Prime Minister Andrej Babiš' former agrochemical holding Agrofert. [Shutterstock/Dynamoland]

Large energy companies in the Czech Republic will receive financial aid from the new Just Transition Fund since “fundamental change in the region can only be achieved through a change of the main actors in the market,” the Czech regional development ministry told EURACTIV.cz

Read also: Babis’ conflict of interest debacle, a never-ending story

Czech coal mining regions – Ústecký, Moravskoslezský and Karlovarský – are expecting approximately €1.4 billion from the new Just Transition Fund.

However, according to a leaked document, a large part of that amount will go to chemical plant Lovochemie, which is owned by Prime Minister Andrej Babiš’ former agrochemical holding Agrofert, while another large part should be given to energy company ČEZ, whose majority owner is the Czech state.

The leaked document triggered criticism from the coal mining regions.

“When it comes to the Just Transition Fund, everything has been wrong so far. The region is not prepared but large actors have their projects ready,” said newly elected councillor of Ústecký region Jiří Řehák from the regional political movement JsmePRO!.

According to the representative of the Moravskoslezský region, Zuzana Klusová (Czech Pirates, Greens/EFA), “citizens and small and medium enterprises have to be in the centre of attention during the process of the industry and energy transformation.”

However, the ministry pointed out the importance of large companies in the transition and emphasised that the EU does not exclude large actors from the Just Transition Fund.

(Aneta Zachová | EURACTIV.cz)

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