| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/13/1128 (20.11.13) |
| Publication Date | 20/11/2013 |
| Content Type | News |
|
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 | Business and Industry, Internal Markets |
| Countries / Regions | Europe, France |