Brussels, 11/05/2007 (Agence Europe) - On Friday 11 May, the European Commission authorised ad hoc aid of €111 million, that the Czech government plans to provide to Hyundai Motor Manufacturing Czech (a 100% owned subsidiary of Korean company Hyundai Motors) to set up a new passenger car production plant in the Moravia-Silesia region of the Czech Republic. The aid consists of a direct cash grant together with the transfer of land at a reduced price. The aid is combined with other regional...