Press Release: State aid: Commission approves EUR 15.2 million in aid to ALSTOM and the RATP for the development of a new generation of automatic metros

Author (Corporate)
Series Title
Series Details IP/13/1128 (20.11.13)
Publication Date 20/11/2013
Content Type

The European Commission on 20 November decided that aid granted by France to ALSTOM and the Régie Autonome des Transports Parisiens (RATP) – through their joint subsidiary METROLAB – for the implementation of the research and development (R&D) project Métro du Futur ('Metro of the Future') was in line with EU State aid rules. The project aims to develop a fourth-generation automated metro system, i.e. one which is 'fully automatic' and driverless. The aid addresses a genuine market failure without giving rise to an undue distortion of competition.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-13-1128_en.htm
Subject Categories ,
Countries / Regions ,