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Europe Daily Bulletin No. 8067

11 October 2001
Contents Publication in full By article 19 / 42
GENERAL NEWS / (eu) eu/state aid
Commission orders Germany to recover EUR 13.6 million state aid from ZEMAG GmbH

Brussels, 10/10/2001 (Agence Europe) - In concluding the formal state aid investigation procedure launched in December 2000, the European Commission has found that aid of some EUR 13.6 million (DEM 26.6 million) to Zeitzer Maschinen, Anlagen, Geräte ZEMAG GmbH is incompatible with the common market. It therefore decided on Wednesday that Germany must recover the aid with interest since the date of its award.

ZEMAG is situated in Sachsen-Anhalt (East Germany). It develops and manufactures...

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