Press Release: Commission authorises restructuring aid for French poultry export firm Tilly-Sabco

Under the state aid rules contained in the EC Treaty, the European Commission authorised restructuring aid of €3.6 million for the poultry export firm SA Tilly-Sabco. After examining the restructuring plan, the Commission considered that the restructuring measures were an appropriate means of restoring the firm's viability, that the aid was limited to the minimum necessary and that it did not entail excessive distortion of competition. The Commission therefore concluded that the aid was in accordance with the EU provisions on restructuring firms in difficulty.