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Europe Daily Bulletin No. 8872

22 January 2005
Contents Publication in full By article 25 / 34
GENERAL NEWS / (eu) eu/state aid
Commission partly approves aid for De Tomaso Cutro in Italy

Brussels, 21/01/2005 (Agence Europe) - The European Commission has partially approved investment aid to De Tomaso Cutro for its planned greenfield car production plant in Cutro (Calabria, Italy). Italy notified regional aid amounting to €179 million in 2003 prices in support of a proposed €207 million investment project for the production of off road and sports vehicles. In July 2003, the Commission opened a formal state aid investigation procedure as it had doubts about the...

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