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Europe Daily Bulletin No. 8472

29 May 2003
Contents Publication in full By article 30 / 41
GENERAL NEWS / (eu) eu/state aid
Opening of investigation into aid Germany is considering granting to Edscha group for new factory in Ichtershausen

Brussels, 28/05/2003 (Agence Europe) - On Tuesday, the European Commission decided to undertake an in-depth investigation of an aid that Germany is considering granting to the Edscha group.

In December 2002, the German authorities notified their intention to grant a regional aid of EUR 89.4 million (net present value) for investment needed in Ichtershausen (Thüringen). The project concerns the development, on a new site, of a new factory for the production niche passenger cars in the...

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GENERAL NEWS