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Europe Daily Bulletin No. 10156

10 June 2010
Contents Publication in full By article 22 / 32
GENERAL NEWS / (eu) eu/state aid/italy
Fiat Powertrain investment project gets go-ahead

Brussels, 09/06/2010 (Agence Europe) - On Wednesday 9 June, the European Commission authorised €16 million of regional investment aid, which the Italian authorities intend to grant to Fiat Powertrain Technologies S.p.A. (FPT), a subsidiary of the Fiat Group, for the production of car transmissions in Verrone (Piemonte), Italy. FPT's existing plant will be equipped with new machinery, heat treatment and assembly lines to produce an innovative transmission unit intended for mid-range...

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