Press Release: State aid: Commission concludes no aid involved in restructuring of Polish steel company Huta Czestochowa, but orders recovery of €4 million restructuring aid

The European Commission on 6 July 2005 decided that the restructuring of Huta Czestochowa, one of Poland's main steel producers, did not involve state aid, thereby clearing the way for the sale of the company. The sale was part of the restructuring and served to pay the company's creditors. However, the Commission also decided that some €4 million of restructuring aid previously given to the company was illegal and had to be recovered.

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