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Europe Daily Bulletin No. 8988

12 July 2005
Contents Publication in full By article 21 / 31
GENERAL NEWS / (eu) eu/state aid
Green light for restructuring Huta Czetochowa - recuperation of previous aid of EUR 4 million

Brussels, 11/07/2005 (Agence Europe) - After pointing out that the restructuring of the second steel producer in Poland Huta Czestochowa did not include state aid, clearing the way for the sale of the company to Ukrainian producer Donbass. In the framework of the this restructuring, sale is part of the restructuring and serves to pay the company's creditors. Commission concluded that the write-off of public claims was compliant with normal market behaviour and therefore does not involve...

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