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Europe Daily Bulletin No. 8190

12 April 2002
Contents Publication in full By article 36 / 44
GENERAL NEWS / (eu) eu/state aid
Commission approves three-quarters of proposed aid for paper company Hamburger AG

Brussels, 11/04/2002 (Agence Europe) - On Tuesday the European Commission decided that part of the aid proposed by Germany in favour of the Austrian company Hamburger AG for the construction of a new plant in Brandenburg exceeds the maximum amount allowable under the specific rules for regional state aid to large investment projects.

In May 2001, under the Multisectoral Framework on regional aid for large investment projects, Germany notified aid of around EUR 54 million for Hamburger AG...

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