Press Release: State aid: decisions on regional investment aid for BMW, Volkswagen, Globalfoundries and CRS Reprocessing in Germany and AU Optronics in Slovakia

Author (Corporate)
Series Title
Series Details IP/11/875 (13.7.11)
Publication Date 13/07/2011
Content Type

The European Commission has authorised investment aid by Germany to Globalfoundries and CRS Reprocessing. It also cleared Slovak aid to AU Optronics. In all three cases the Commission concluded that the aid complied with the regional aid rules. In two other cases involving projects by BMW and Volkswagen in Eastern Germany, the Commission opened a formal investigation to verify whether the subsidies complied with the said guidelines. The opening of an investigation gives interested third parties the opportunity to comment on the measures under assessment. It does not prejudge the final outcome.

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