login
login

Europe Daily Bulletin No. 9472

20 July 2007
Contents Publication in full By article 36 / 39
GENERAL NEWS / (eu) eu/state aid
Commission endorses €32 million aid to Kia Motors Slovakia to expand car manufacturing plant

Brussels, 19/07/2007 (Agence Europe) - On Thursday 19 June, the European Commission authorised an ad hoc aid of €32 million that the Slovak government plans to grant to Kia Motors Slovakia for the expansion of its car manufacturing plant situated in Žilina, Slovakia. The aid consists of a direct cash grant for an eligible investment cost of €216 million. As a general rule the Commission does not favour the award of ad hoc regional aid. However, in the present case the Commission is...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS