Press Release: State aid: Commission approves aid for closure of three coal mines in Romania

The European Commission has authorised RON 1169 million (approximately €270 million) of public funding for the closure of three uncompetitive coal mining units owned by National Hard Coal Company JSC Petrosani (CNH SA). The Commission found the measure to be in line with EU state aid rules because production aid will decrease over time and Romania committed to carry out accompanying measures to mitigate the social and environmental impact of the closure.