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Image header Agence Europe
Europe Daily Bulletin No. 10176
Contents Publication in full By article 26 / 31
GENERAL NEWS / (eu) eu/state aid

07/07/2010 (Agence Europe) - On Tuesday 6 July, the European Commission authorised regional investment aid of €45 million for the German company Deutsche Solar AG for the production of solar wafers in Freiberg, Germany. The project, which involves an investment of €350 million, is expected to create at least 130 new jobs in the region. After an in-depth investigation, Germany reduced the planned aid amount to take account of aid already received by the same company for previous investments in the same sector. The Commission concluded, therefore, that the positive impact of the investment on regional development outweighs the potential distortions of competition. (O.L./transl.rt)

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