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Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure PT-2022-12/2436 Updated – measures in Portugal

Production Support Line: Credit for enterprises affected by inflation

Linha de Apoio à Produção

Country Portugal , applies nationwide
Time period Temporary, 17 March 2022 – 30 June 2022
Context War in Ukraine
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Access to finance
Author Ana Brázia and Paula Carrilho (CESIS)
Measure added 01 June 2022 (updated 20 April 2023)

Background information

The Production Support Line aims to support companies in the manufacturing, transport and storage sectors, to face the additional working capital needs, resulting from the increase of the costs of the raw materials and energy, and the disruption in supply chains.

All companies, from the selected sectors that specifically operate in the production of essential foodstuffs, whose supply chain is particularly impacted by the conflict in Ukraine, are exempt from the need to fulfil the requirements. This line is available since 17 March 2022 at participating banking institutions.

Content of measure

With a view to maintaining and preserving the productive capacity of the companies most impacted by the conflict in Ukraine, the new credit line with public guarantee is made available by Banco Português de Fomento, with a global allocation of €400 million, and coverage of 70% of credit, within a period of up to eight years, with 12 months of lack of capital.

All enterprises located in Portugal, from the manufacturing, transport and storage sectors and that fulfil specific criteria resulting from the financial impacts as a result of the increase in the cost of the energy and/or in raw material can apply to this line, namely:

  • burden equal or higher than 20% in energy costs in total production costs; or
  • an increase in the cost of goods sold and materials consumed equal to or higher than 20%; or
  • decline in the operational invoice equal to or higher than 15%, when resulting from a reduction in orders due to scarcity or difficulty in obtaining raw materials, components or intermediate goods.

The maximum amount of financing per company is €50,000 for Micro companies, €750,000 for Small Companies, and €2.5 million in the case of Medium Companies, Small Mid Caps, Mid Caps and Large Companies.


The following updates to this measure have been made after it came into effect.

12 April 2023

According to the Banco Português de Foment the term of the Production Support Line ended in 30 June 2022.

Use of measure

No information to date.

Target groups

Workers Businesses Citizens
Does not apply to workers Sector specific set of companies
Does not apply to citizens

Actors and funding

Actors Funding
National government
Company / Companies

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Unknown Unknown
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • Unknown
  • Main level of involvement: N/A



Views and reactions


Sectors and occupations

    • Economic area Sector (NACE level 2)
      C - Manufacturing C10 Manufacture of food products
      C11 Manufacture of beverages
      C12 Manufacture of tobacco products
      C13 Manufacture of textiles
      C14 Manufacture of wearing apparel
      C15 Manufacture of leather and related products
      C16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
      C17 Manufacture of paper and paper products
      C18 Printing and reproduction of recorded media
      C19 Manufacture of coke and refined petroleum products
      C20 Manufacture of chemicals and chemical products
      C21 Manufacture of basic pharmaceutical products and pharmaceutical preparations
      C22 Manufacture of rubber and plastic products
      C23 Manufacture of other non-metallic mineral products
      C24 Manufacture of basic metals
      C25 Manufacture of fabricated metal products, except machinery and equipment
      C26 Manufacture of computer, electronic and optical products
      C27 Manufacture of electrical equipment
      C28 Manufacture of machinery and equipment n.e.c.
      C29 Manufacture of motor vehicles, trailers and semi-trailers

This case is not occupation-specific.



Eurofound (2022), Production Support Line: Credit for enterprises affected by inflation, measure PT-2022-12/2436 (measures in Portugal), EU PolicyWatch, Dublin,


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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.