Brussels, 08/06/2015 (Agence Europe) - On Monday 8 June, the European Commission decided to authorise Slovenian restructuring aid of €97 million to the manufacturer of automotive components, Cimos. An in-depth investigation opened in April 2014 allowed the Commission to conclude that this restructuring plan would allow Cimos to return to viability in the long term without any further public support and without unduly distorting competition in the single market.
Cimos experienced financial...