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Europe Daily Bulletin No. 9333
Contents Publication in full By article 29 / 35
GENERAL NEWS / (eu) eu/state aid

Commission endorses €17.3 million aid to Polish machinery company Huta Stalowa Wola

Brussels, 21/12/2006 (Agence Europe) - The European Commission has approved under EC Treaty state aid rules €17.3 million of restructuring aid in favour of Huta Stalowa Wola (HSW), a Polish industrial machinery company. After an in-depth investigation initiated in November 2005 (EUROPE 9075), the Commission concluded that the measures are limited to the minimum necessary and do not create undue distortions of competition.

HSW is not a steel producer and therefore fulfils the conditions...

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€ VALUE IN DIFFERENT CURRENCIES ON 21/12/2006: