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Image header Agence Europe
Europe Daily Bulletin No. 9332
Contents Publication in full By article 11 / 41
GENERAL NEWS / (eu) eu/state aid

Commission approves conditional restructuring aid to Polish motor company FSO

Brussels, 20/12/2006 (Agence Europe) - Following an in-depth investigation, the European Commission concluded, on 20 December, that restructuring aid to the Polish motor vehicle manufacturer, Fabryka Samochodow Osobozych (FSO), is compatible with EC Treaty State aid rules provided that certain conditions are met. The Commission found that aid is limited to the minimum necessary and that the FSO restructuring plan is sufficient to restore the firm's long term viability. It also considers,...

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