login
login
Image header Agence Europe
Europe Daily Bulletin No. 8965
Contents Publication in full By article 25 / 32
GENERAL NEWS / (eu) eu/state aid

Commission authorises aid to Südzucker Bioethanol

Brussels, 09/06/2005 (Agence Europe) - Germany has been given the go-ahead by the European Commission to grant state aid to the tune of 43 million euros to the company Südzucker Bioethanol, a subsidiary of Südzucker AG. This aid is perfectly in line with the positive actions foreseen by the EU and Germany with a view to promoting the use of biofuels and other sources of renewable energy because it will finance investment in a production plant for bioethanol and animal fodder from renewable agricultural raw materials (cereals and sugar treacle). This large-scale project - one of the largest accepted by the Commission under the rules governing state aid in the agricultural sector - will create new opportunities for using cereals in a region with a high level of surplus cereal production, the Commission commented.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS