Brussels, 18/06/2009 (Agence Europe) - On Thursday 18 June, the European Commission authorised a repayable advance of SEK 304 million (approx. €33 million) that Sweden intends to grant to Volvo Aero Corporation for the research and development (R&D) of GEnx aircraft engine components. The GEnx engine is being developed by General Electric for the Boeing B787 and B747-8 aeroplanes. After an in-depth investigation, launched in July 2008, the Commission found that the project complies with...