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Europe Daily Bulletin No. 8091

15 November 2001
Contents Publication in full By article 21 / 35
GENERAL NEWS / (eu) eu/state aid
Commission launches enquiry into Spanish aid planned for Renault's Valladolid plant

Brussels, 14/11/2001 (Agence Europe) - The European Commission has decided to initiate detailed state aid investigation proceedings concerning aid amounting to EUR 18 million earmarked for the Renault plant in Valladolid. The planned aid was notified by Spain in December 2000 for investment in the Valladolid engine plant. The project involved investment totalling EUR 129 million for the installation of a new flexible line that can produce both petrol and diesel engines. The Spanish...

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