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Europe Daily Bulletin No. 8501

10 July 2003
Contents Publication in full By article 22 / 35
GENERAL NEWS / (eu) eu/state aid
Go ahead for aid for photomask R&D

Brussels, 09/07/2003 (Agence Europe) - The Commission has authorised aid of EUR 98 million for setting up an R&D facility for optical photomasks (used in the manufacture of microchips) in Dresden, Saxony, an assisted area in which up to 28% of eligible investment costs may be financed through state aid. The planned investment aid is below the permitted aid ceiling, with an intensity of 25.2% of the eligible investment costs. The facility will be run by three companies, Advanced Micro Devices...

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