Brussels, 09/04/2014 (Agence Europe) - On 9 April, the European Commission opened an in-depth investigation to assess whether €35 million of restructuring aid for the Cimos Group, a Slovenian manufacturer of automotive components, complies with EU state aid rules.
The Commission will examine in particular whether the planned aid will enable the company to become viable without continued public support and whether the company owners contribute sufficiently to the cost of restructuring.
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