| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/15/5138 (08.06.15) |
| Publication Date | 08/06/2015 |
| Content Type | News |
|
Following an in-depth investigation, the European Commission has concluded that restructuring aid of €97 million, which Slovenia plans to grant to automotive components manufacturer Cimos Group, complies with EU state aid rules. The Commission foundthat Cimos' restructuring plan will allow the company to become viable again in the long-term without needing further state support, and without unduly distorting competition in the Single Market. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-15-5138_en.htm |
| Subject Categories | Employment and Social Affairs, Internal Markets |
| Countries / Regions | Europe, Slovenia |
