Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/13/503 (05.06.13) |
Publication Date | 05/06/2013 |
Content Type | News |
The European Commission has approved a plan by the Walloon Region to convert into equity a residual claim of €43.5 million held against the Belgian aeronautics company Sonaca, in which the Region has a 92.29% holding. The Commission did not consider that this conversion constituted State aid because a private investor would have taken the same action in the same circumstances. |
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Source Link | http://europa.eu/rapid/press-release_IP-13-503_en.htm |
Subject Categories | Business and Industry, Internal Markets |
Countries / Regions | Belgium, Europe |
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