European Commission Demands Elan's Bankruptcy

Ljubljana, 20 August - The European Commission has given Slovenia 20 days to launch bankruptcy proceedings at sports goods manufacturer Elan, the daily Dnevnik reports on Wednesday. The Commission reportedly sees this as the only way for the company to be able to repay EUR 10m in illegal state aid.

Begunje na Gorenjskem
The headquarters of sports equipment maker Elan
Photo: Tinkara Zupan/STA
File photo

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