Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/13/258 (20.03.13) |
Publication Date | 20/03/2013 |
Content Type | News |
After an in-depth investigation, the European Commission concluded that the acquisition of bonds worth PLN 120 million (around €40 million) of Nauta Shipyard by the State-owned Polish Industrial Development Agency (IDA) was in line with EU state aid rules. The Commission found that the bonds were acquired on market terms and therefore did not give Nauta an undue economic advantage. As a result, the financing does not constitute state aid in the meaning of EU rules. |
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Source Link | http://europa.eu/rapid/press-release_IP-13-258_en.htm |
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Subject Categories | Internal Markets |
Countries / Regions | Poland |
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