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Europe Daily Bulletin No. 8150

14 February 2002
Contents Publication in full By article 13 / 46
GENERAL NEWS / (eu) eu/state aid
Commission initiates in-depth investigation into aid United Kingdom is planning for Ford's Bridgend plant

Brussels, 13/02/2002 (Agence Europe) - On Wednesday, the European Commission decided to initiate a formal examination procedure regarding £17.4 million aid for Ford's Bridgend plant

The aid, which provides for investments of £243 million for the period 2001-2004, is to provide for the creation of a further capacity of 325,000 V6 and V8 engines a year. The British authorities point out that Ford is considering an alternative solution consisting in manufacturing V6 engines in Cleveland...

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