Govt Almost Halves State Aid for Revoz Amid EU Inquiry

Ljubljana/Novo Mesto, 21 October - The government confirmed on Monday EUR 22.5m in state aid for the manufacture of the latest generation of the Twingo city car and Smart's four-seater at Novo mesto-based Revoz. The originally planned figure was EUR 45.5m but was lowered after the European Commission launched an inquiry into compliance with EU laws on state aid.