Press Release: State aid: Commission approves €12.7 million Italian investment aid for Verona and Brescia airports

Author (Corporate)
Series Title
Series Details IP/14/402 (09.04.14)
Publication Date 09/04/2014
Content Type

On 9 April 2014, the European Commission found that a €12.7 million capital injection into the company managing the Italian airports Verona and Brescia, Aeroporto Valerio Catullo di Verona Villafranca S.p.A, was in line with EU state aid rules. The measure aimed at enabling the company to carry out infrastructure investments over a period of ten years. The Commission concluded that these investments would improve the mobility of citizens and meet transport needs in northern Italy, in line with EU transport policy objectives and without unduly distorting competition in the Single Market.

Source Link http://europa.eu/rapid/press-release_IP-14-402_en.htm
Related Links
ESO: Background information: State aid: Commission adopts new guidelines for state aid to airports and airlines http://www.europeansources.info/record/press-release-state-aid-commission-adopts-new-guidelines-for-state-aid-to-airports-and-airlines/
European Commission: Competition: State Aid: Cases http://ec.europa.eu/competition/state_aid/register/
European Commission: DG Competition http://ec.europa.eu/competition/index_en.html

Subject Categories ,
Countries / Regions