Press Release: State aid: Commission opens in-depth investigation into support for Romanian petrochemical company Oltchim

Author (Corporate)
Series Title
Series Details IP/16/1321 (08.04.16)
Publication Date 08/04/2016
Content Type

On 6 April 2016, the European Commission opened an in-depth probe to verify whether debt write-offs by the Romanian State and continued supplies by State-owned enterprises in favour of Oltchim, despite the company's deteriorating financial situation, were in line with European Union state aid rules.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-16-1321_en.htm
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