Press Release: State aid: Commission opens in-depth investigation into proposed public financing for Volkswagen in Portugal

Author (Corporate)
Series Title
Series Details IP/14/1068 (01.10.14)
Publication Date 01/10/2014
Content Type

The European Commission opened an in-depth investigation to examine whether Portugal's plans to grant €36.15 million public financing to Volkswagen Autoeuropa, a subsidiary of the Volkswagen group, for an investment project in the Setubal region were in line with EU state aid rules. The opening of a formal investigation gave interested third parties the possibility to comment on the proposed measure. It did not prejudge the outcome of the investigation.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-1068_en.htm
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