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...