Brussels, 03/10/2002 (Agence Europe) - The Commission has authorised Italy to grant €74.5 million in aid to Fibre Ottiche Sud Srl (a Pirelli Cavi e Sistemi Telecom subsidiary) as part of the regional aid framework for large investment projects. The project aims at the extension of capacity of an existing plant, designed to produce optical fibres for telecommunications. Production will begin in January 2003 and be in full full capacity by the end of 2003. The Commission concluded that the...