By Vangelis Dourakis

The “microscope” of the competent services are funded by huge sums through development laws: after the discovery of hundreds of investment projects-“ghosts”, “frozen” projects that have never proceeded with the companies that have ceased to exist, the Ministry of Development Works.

Already, more than 1,400 investment plans For which the relevant aids were given but never implemented, they were out of development and the road to reimbursement of € 480 million was paved. Indeed, the first 55m euros have been undertaken by the AADE from investments of older development laws that have not been completed.

Decisions for Annual Investment Monitoring

In this context with new decisions by the Minister of Development, for the first time an annual monitoring obligation to certify the completion and start of the productive operation of investment plans of development laws 2004; 2011; 2016 and 2022.

The relevant decisions relate to the obligation of businesses to regularly submit data to substantiate their terms of their affiliation. Specifically, they must submit to the competent services data that substantiate compliance with their obligations, as well as the approval decision, within two months of the completion of each time of operation of the reinforced investment.

OR process It is done through the Information System of the Developmental Law (MS-AN) or the State Aid Information System (ECSR-ECP), ensuring complete documentation and transparency.

The relevant control It will be carried out sampling, at a percentage ranging from 10% to 20% of total obligations and focus on the following areas:

  • Legal status and operation of the business.
  • Size of the company
  • Financial data
  • Keeping jobs for which there was a relative commitment
  • Special terms set out in the original decision.

Who will do the controls of investment plans

For this reason, the setting up of three -member committees Sampling. Their role is to certify the completion and launch of the productive operation of investment, even if the final inspection has been carried out by a private (such as a Certified Auditor-Logist).

These committees will be set up according to the entity of investment projects: Committees of the Ministry of Development will control plans subject to it and regions, except Macedonia.

Committees of the Ministry of the Interior (Macedonia – Thrace): They will control plans subject to it in all three regions of Macedonia.

The lists of investment plans to be inspected will be drawn up each year, with criteria that include

  • the size of the investment,
  • the area of ​​activity,
  • the place of installation and
  • the type of aid.

After their constitution, the committees will have 45 -day deadline to complete the check.

The sanctions framework is still reinforced as the imposition of fines is not provided in the event of non -submission or submission of inaccurate data, ensuring complete compliance with investment obligations.