| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/06/1696 (6.12.06) |
| Publication Date | 06/12/2006 |
| Content Type | News |
|
The European Commission has approved under EC Treaty state aid rules regional investment aid of €4.2 million to the German shipyard Volkswerft Stralsund. After an in-depth investigation initiated in February 2006 (see IP/06/203), the Commission has concluded that the investment is limited to a modernisation of the yard which will improve its productivity. It will not result in a disproportionate capacity increase. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/1696&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Germany |
