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Europe Daily Bulletin No. 7765

26 July 2000
Contents Publication in full By article 20 / 57
GENERAL NEWS / (eu) eu/state aid
Commission approves Austrian State aid to Lenzing Loycell (viscose fibres)

Brussels, 25/07/2000 (Agence Europe) - The European Commission has approved State aid granted by Austria to Lenzing Lyocell & Co KG (LLG), one of the world's largest producers of viscose fibres located in Heiligenkreuz (Burgenland), for investments into a new viscose fibres production plant. The formal examination procedure was begun on 14 October 1998 and continued to 23 June 1999; it concerned aid for a total of 138 million euro, divided into different forms. LLG built the beneficiary plant in...

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