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Europe Daily Bulletin No. 8101

29 November 2001
Contents Publication in full By article 24 / 42
GENERAL NEWS / (eu) eu/state aid
Commission extends investigation on public shipyards in Spain

Brussels, 28/11/2001 (Agence Europe) - The European Commission has decided to include in its formal investigation procedure on the restructuring of public shipyards in Spain all the operations that resulted in the creation of the shipbuilding group, IZAR, in order to fully and correctly assess possible State aid. In this respect, it doubts that the price paid by Izar (Bazan at the time) to acquire several shipyards in Astilleros Españoles (AESA) and its parent company, the Sociedad Estatal...

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