Press Release: State aid: Commission opens in-depth investigation into €9.8 million debt rescheduling for Bulgarian company Ruse Industry

Author (Corporate)
Series Title
Series Details IP/10/427 (14.4.10)
Publication Date 14/04/2010
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The European Commission has opened an in-depth investigation into plans by Bulgaria to reschedule a debt of €9.8 million owed to the State by Ruse Industry AD, a manufacturer of metal structures and elements. The Commission has doubts that the proposed measure is in line with EU rules on rescue and restructuring aid. The opening of an in-depth investigation allows interested parties to comment on the measure under assessment. It does not prejudge the outcome of the procedure.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/427&format=HTML&aged=0&language=EN&guiLanguage=en
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