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Image header Agence Europe
Europe Daily Bulletin No. 8829
Contents Publication in full By article 21 / 29
GENERAL NEWS / (eu) state aid

Formal investigation into possible subsidies to Finland's Componenta

Brussels, 17/11/2004 (Agence Europe) - The European Commission has opened a formal state aid investigation concerning a potential subsidy by the city of Karkkila to Componenta Corporation, a company which produces ready-to-install cast, geared and machined components, based in the same city but with activities in Sweden and the Netherlands. Following a complaint alleging that Componenta Corp had received a subsidy through the price that the city of Karkkila agreed to pay, in December 2003,...

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