Brussels, 29/01/2010 (Agence Europe) - On Friday 29 January, the European Commission opened an in-depth investigation into the €55 million investment by the FMEA (Fonds de Modernisation des Equipmentiers Automobiles) in automotive supplier Trèves, to try to determine whether this investment of French public funds is in line with state aid rules.
The financial difficulties experienced by Trèves began well before the economic crisis, but increased from the second half of 2008. In 2009,...