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European Commission Representation in Estonia — Neo Narva magnet factory JTF support

Primary source

European Commission, Representation in Estonia

OtheretAccessed 9 Oct 2026

The Estonian-language Commission project page states 'Euroopa Liidu õiglase ülemineku fond toetas tehase rajamist 14,7 miljoni euroga' (the EU Just Transition Fund supported plant construction with €14.7M). This confirms a separately reported €14.7M support figure, not when the 2024 award amendment was executed, whether money was fully disbursed, or why Neo's March 2026 AIF uses approximately €14.8M. No reliably identified publication date on the page.

Open original document ↗

https://estonia.representation.ec.europa.eu/strateegia-ja-prioriteedid/eli-eelarve-eesti-jaoks/elu-edeneb-euroopa-liidu-eelarve-toel/neo-perfomance-materials-magnetitehase-rajamine_et

1 directly citing record. This is a snapshot of the curated public corpus, not a live document monitor or proof that every sentence in the linked document supports every aspect of a record. Status and implementation observations are distinct from executed agreements, cash disbursements and verified physical milestones. Private research and pending editor reviews are excluded.

Financial instruments

1 distinct published record with an explicit reference to this source.

Rare earths magnet project in Estonia
fin-eu-jtf-2025-neo-magnet-project
- Field evidence: amount

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