Brussels, 19/05/2016 (Agence Europe) - On Thursday 19 May, the European Commission announced that it has opened an in-depth investigation into financial aid totalling more than €40 million granted by Flemish public investment companies LRM and PWV to Ducatt NV, a Belgian producer of glass for solar panels, which has been operating at a loss since its inception in 2010. The investigation follows a complaint from a competitor lodged in November 2014.
From 2012 to 2014, LRM and PMV invested...