Brussels, 24/03/2003 (Agence Europe) - On Wednesday, the European Commission concluded that the EUR 4.6 million subsidy paid by Germany to Linde AG in 1997 is not aid according to the EC Treaty.
In 1993, the German privatisation agency Treuhandanstalt (THA) had sold an amine production plant located in Leuna (Saxony-Anhalt) to Union Chimique Belge (UCB). At the same time, it had entered into a long-term supply obligation promising to deliver carbon monoxide to UCB at a fixed price. The...