The European Commission opened an in-depth investigation on Monday 1st July to determine whether or not a Spanish public measure supporting PSA for investment in an existing plant in Vigo complies with EU State aid rules.
The group plans to invest 500 million euros in new production lines and process improvements at its Vigo plant in Galicia (western Spain). Work to this end began in April 2015.
In 2017, Madrid notified the Commission of its intention to grant PSA public aid of 20.7...