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Europe Daily Bulletin No. 7935

30 March 2001
Contents Publication in full By article 33 / 48
GENERAL NEWS / (eu) eu/transport
Commission authorises Danish aid to State transport company Combus

Brussels, 29/03/2001 (Agence Europe) - As briefly announced in yesterday's EUROPE the Commission authorised a restructuring aid by Denmark to the State bus transport company Combus. This aid of 63.7 million (DKK 471 million) was paid in the form of a capital injection, between 1999 and 2001.

In 1997, Combus had won State contracts to mainly service the Copenhagen region. The Danish State intervened in two occasions to avoid the company's bankruptcy, whose price offer was too low to cover...

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