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Europe Daily Bulletin No. 8690

22 April 2004
Contents Publication in full By article 37 / 40
GENERAL NEWS / (eu) eu/state aid
Commission authorises 121 million EUR to build float glass production site in Saxony-Anhalt

Brussels, 21/04/2004 (Agence Europe) - On Tuesday, the European Commission authorised the payment of 121 million EUR in State aid to the company e-Glass AG. This aid will help to pay for the construction of a factory to produce float glass in Sülezetal-Osterweddignen, in Saxony-Anhalt, and to create 186 direct jobs in the company, plus an extra 300 jobs locally. The Commission found that the volume of aid (35% of investment costs) will not cause any competition distortion, for two essential...

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