EU Clears Aid for Cimos, Launches Probe into Revoz Aid

Brussels, 2 July - The European Commission ruled that a EUR 35m state guarantee for car parts maker Cimos is in line with EU state aid rules. It approved the measure temporarily, until it can take a position on the restructuring plan to be submitted by Slovenia by 21 November. It also launched an inquiry into the compliance of aid to car maker Revoz.

The rest of this news item is available to subscribers.
The news item consists of 1.308 characters (without spaces) or 258 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

© STA, 2013