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Image header Agence Europe
Europe Daily Bulletin No. 8668
Contents Publication in full By article 42 / 55
GENERAL NEWS / (eu) eu/state aid

Green light to Infineon in Portugal

Brussels, 17/03/2004 (Agence Europe) - The Portuguese subsidiary of the German semi-conductor group Infineon is to be allowed to benefit from investment aid to extend its activities to Vila do Conde, Portugal. The European Commission has just authorised the national authorities to grant aid in the form of a loan to be partially transformed into a non-reimbursable grant, and of an income tax exemption for profits deriving from the investment. The aid was notified in July 2003, and evaluated...

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