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[BUSINESS] · Croatia · 8 sources

started · updated

Verne to return 89.7 million euros in EU funds

Verne, a company owned by Mate Rimac, is set to return 89.7 million euros in public funds following the conclusion of its robotaxi development project. The company has submitted its final request for funds reimbursement to the Central Agency for Financing and Contracting (SAFU) without requesting any additional cost coverage.

The project, previously known as Project 3 Mobility, was part of the National Recovery and Resilience Plan (NPOO) and aimed to develop a fleet of autonomous electric vehicles for Zagreb. While 89.7 million euros were initially paid out as an advance in July 2023, reports indicate that only approximately 8.77 million euros have been justified through documented costs.

SAFU has 60 days to review the submitted documentation and final reports to determine the exact amount that must be returned to the state. The agency will assess the extent to which contractual obligations were met and the eligibility of the reported expenses before making a formal decision.

Entities

Croatia · European Union · Mate Rimac · Project 3 Mobility · SAFU · Verne

Claims

What the coverage asserts, and how many sources carry each claim.

  • [● 2 SOURCES] Verne submitted a final reimbursement request for zero euros. www.telegram.hr · www.index.hr
  • [● 3 SOURCES] Verne submitted all final reports and documentation to SAFU within the deadline. www.jutarnji.hr · www.telegram.hr · www.index.hr
  • [○ 1 SOURCE] Verne received an advance payment of 89.75 million euros in July 2023. www.index.hr
  • [● 3 SOURCES] The company was originally approved for up to 179.5 million euros in non-refundable grants from the National Recovery and Resilience Plan. www.jutarnji.hr · www.telegram.hr · www.index.hr
  • [DISPUTED] Of the 89.75 million euro advance, approximately 8.77 million euros have been justified. www.index.hr
  • [● 2 SOURCES] SAFU has 60 days to verify the documentation and make a final decision. www.jutarnji.hr · www.index.hr
  • [○ 1 SOURCE] The project aimed to develop level 5 autonomous electric vehicles and infrastructure. www.index.hr
  • [DISPUTED] Verne is expected to return approximately 80.98 million euros in previously disbursed funds. www.index.hr