Press Release: Commission rejects Dutch investment aid for Holland Malt B.V.

The Commission has decided under EC Treaty state aid rules to reject an investment aid of € 7,425,000 that the Dutch authorities committed to Holland Malt B.V. for the establishment of a production plant for malt in Eemshaven, province of Groningen. The Netherlands gave this commitment at the end of 2003 under the suspending condition that the aid would have to be approved by the Commission. The plant itself was built in 2004. It started its operations in April 2005.