Press Release: State aid: Commission endorses EUR 67 million of public funding for British R&D project led by Rolls-Royce

The European Commission has authorised, under the EC Treaty’s rules on state aid (Article 87), €67 million (£47 million) of public funding for a research and development project led by Rolls-Royce. The project aims to develop new innovative technologies designed to meet the needs of improved environmental performance of aero-engines. As all the requirements of the EU framework for state aid for research and development are satisfied, the Commission considers that the aid does not threaten to distort competition in the Single Market and is therefore compatible with the EC Treaty.