EIMIN is expanding its €100 million aid package in response to rising fuel prices – it will reach more businesses
The Ministry of Economy and Innovation (EIMIN) is amending the terms of the 100 million euro ILTE direct loan program, designed to assist Lithuanian businesses adversely affected by rising oil prices and geopolitical tensions in the Middle East. Following these changes, a very wide range of companies in the country will be able to take advantage of these preferential loans.
“The geopolitical situation remains tense, and businesses continue to face uncertainty and rising costs. That is why we are expanding our support options so that preferential financing can reach even more companies. We want businesses to be able to plan their operations with confidence and enjoy greater financial stability,” said Edvinas Grikšas, Minister of Economy and Innovation.
According to the minister, changes to the program are currently being coordinated with the relevant institutions, and the new terms for preferential loans are expected to take effect in September.
One of the most significant planned changes is the elimination of the list of severely affected sectors. Until now, a 70 percent interest rate discount was available only to companies included on the list of severely affected sectors (energy-intensive sectors) as well as agricultural cooperatives, while other companies could borrow only at market rates. Following the changes, companies from all sectors will be able to apply for preferential loans, provided they meet the program’s requirements.
The liquidity ratio requirements will also be adjusted – applicants’ current ratio must be less than 1.5 but not less than 0.5. Until now, this ratio was required not to exceed 1. Similarly, for agricultural cooperatives, the threshold for the critical liquidity ratio will be raised from 1 to 1.5.
The assessment of applicants’ compliance with the requirements will be based on the most recent financial statement data submitted. This means that companies that have already submitted their financial statements for the second quarter of 2026 will be evaluated based on the most recent financial information.
The Ministry of Economy and Innovation notes that companies whose applications were previously rejected due to failure to meet the liquidity ratio requirements will be able to reapply if, based on the most recent financial data, their ratios meet the updated conditions of the measure. Since the program is ongoing, an application may be submitted at a later date if the company’s financial situation changes, provided that all other established requirements are met.
The Ministry of Economy and Innovation is implementing a €100 million direct ILTE loan program in collaboration with the National Development Bank ILTE. The program is designed to help small and medium-sized enterprises, large companies, and agricultural cooperatives meet their working capital needs and maintain business continuity in the face of rising energy prices and the impact of geopolitical tensions.
Last updated: 20-08-2026
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