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Europe Daily Bulletin No. 10363

21 April 2011
Contents Publication in full By article 26 / 32
GENERAL NEWS / (eu) eu/state aid
Investment by FMEA in Trèves group is not state aid

Brussels, 20/04/2011 (Agence Europe) - Following an in-depth investigation, the European Commission concluded, on 20 April, that the €55 million investment in May 2009 by the Fonds de modernisation des équipementiers automobiles (FMEA) in the French Trèves group, an automotive supplier specialising in car interiors, and the plan for rescheduling the group's tax and social security debts amounting to €18 million did not constitute state aid under the European rules.

The Commission...

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