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Image header Agence Europe
Europe Daily Bulletin No. 8310
Contents Publication in full By article 11 / 35
GENERAL NEWS / (eu) eu/state aid

Investigation into subsidy for Clydeboyd

Brussels, 02/10/2002 (Agence Europe) - The Commission has decided to open formal investigation procedure on investment subsidies in favour of Clydebord Ltd from the United Kingdom. In the context of the Freight Facilities Grant Scheme, the aid intends to encourage modal shift from road to water transport by providing a larger berth and enhanced freight handling facilities at Corparch (Scotland). The Commission doubts whether a State contribution of 85% to the construction of a larger berth...

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