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Europe Daily Bulletin No. 8015

27 July 2001
Contents Publication in full By article 30 / 40
GENERAL NEWS / (eu) eu/state aid
Commission authorises aid in favour of Glunz AG

Brussels, 26/07/2001 (Agence Europe) - The European Commission did not raise any objections towards the planned aid enjoyed by the German company Glunz AG, located in Nettgau and specialised in the processing of wood. In August 2000, Germany had notified, under the multisectorial framework on regional aid for large investment projects, an aid of around EUR 70 million in favour of Glunz, a company belonging to the Portuguese group Sonae and, aiming for the creation of an integrated wood...

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