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Europe Daily Bulletin No. 8384

23 January 2003
Contents Publication in full By article 33 / 38
GENERAL NEWS / (eu) eu/transport
Commission approves rescue aid for ABX Logistics

Brussels, 22/01/2003 (Agence Europe) - On Tuesday the Commission approved rescue aid to three companies belonging to ABX Logistics (supplier of transport and logistics services) in France, Germany and the Netherlands, whose parent company is Belgian Railways (NMBS/SNCB). The three bridging loans may be up to a combined maximum of €123 million and are for six months. They should allow keep the three direct recipients afloat long enough to take a decision on their future and help avoid job...

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