| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/15/5435 (23.07.15) |
| Publication Date | 23/07/2015 |
| Content Type | News |
|
On 23 July 2015 the European Commission has approved regional investment aid totalling almost €117million (CZK 3 207 million) to Nexen Tire Corporation Czech s.r.o. (Nexen) for the construction of a tyre production plant in Žatec, Czech Republic. The Commission found that the aid granted by the Czech Republic was compatible with EU state aid rules, and that it promotes regional development without unduly distorting competition in the internal market. |
|
| Source Link | http://europa.eu/rapid/press-release_IP-15-5435_en.htm |
| Subject Categories | Internal Markets |
| Countries / Regions | Czechia, Europe |
