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Image header Agence Europe
Europe Daily Bulletin No. 9372
Contents Publication in full By article 19 / 35
GENERAL NEWS / (eu) eu/state aid

Commission authorises French aid in favour of NeoVal R&D programme

Brussels, 22/02/2007 (Agence Europe) - The European Commission has decided not to raise any objections under Community state aid rules to the financial aid granted by France to the NeoVal research and development (R&D) programme. This is the first individual aid measure decision taken by the Commission on the basis of the in-depth assessment procedure provided for by the new R&D&I framework. The aid programme brings together Siemens Transportation Systems (SAS), a subsidiary of Siemens AG,...

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