Press Release: State aid: Commission opens in-depth inquiry into €35 million restructuring aid for Slovenian Cimos Group

On 9 April 2014, the European Commission opened an in-depth investigation to assess whether €35 million of restructuring aid for the Cimos Group, a Slovenian manufacturer of automotive components, complies with European Union state aid rules. The Commission would examine in particular whether the planned aid would enable the company to become viable without continued public support and whether the company owners contributed sufficiently to the cost of restructuring.

ESO: Background information: State aid: Commission temporarily approves rescue aid for Cimos Group http://www.europeansources.info/record/press-release-state-aid-commission-temporarily-approves-rescue-aid-for-cimos-group/

ESO: Background information: Commission adopts new rules governing aid to firms in difficulty http://www.europeansources.info/record/memo-commission-adopts-new-rules-governing-aid-to-firms-in-difficulty/

European Commission: Competition: State Aid: Cases http://ec.europa.eu/competition/state_aid/register/

European Commission: DG Competition http://ec.europa.eu/competition/index_en.html

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