Author (Corporate) | European Commission: Press and Communication Service |
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Series Title | Press Release |
Series Details | IP/05/1454 (23.11.05) |
Publication Date | 23/11/2005 |
Content Type | News |
The European Commission on 23 November 2005 launched an in-depth investigation to establish whether the restructuring aid in favour of Huta Stalowa Wola (HSW), a Polish industrial machinery company, was compatible with EC Treaty state aid rules (Article 87) prohibiting aid liable to distort competition in the Single Market. Part of the measures had been granted before accession and the European Commission was therefore not competent to assess their compatibility. However a number of aid measures worth some €27 million were to be granted after accession and thus to fall under the Commission’s scrutiny. |
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Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/1454&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Internal Markets |
Countries / Regions | Poland |
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