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Europe Daily Bulletin No. 8229

10 June 2002
Contents Publication in full By article 24 / 41
GENERAL NEWS / (eu) eu/state aid
Commission authorises aid to Renault for Valladolid site

Brussels, 10/06/2002 (Agence Europe) - The Commission has authorised EUR 22 million in regional investment aid that Spain is planning to give the Renault plant in Valladolid to increase production capacity by 1200 diesel and petrol engines a day. The investigation was launched in November 2001 to discover whether, as the Spanish government claimed, Bursa in Turkey would have been a viable alternative to Valladolid (see EUROPE of 15 November 2001, p.14) since the EU state aid rules for the...

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