| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/10/900 (6.7.10) |
| Publication Date | 06/07/2010 |
| Content Type | News |
|
The European Commission authorised, under EU state aid rules, €28.7 million of regional investment aid that Germany intends to grant in favour of Liebherr-MCCtec Rostock GmbH for the extension of its production facility for ship and offshore cranes in Mecklenburg-Vorpommern, Germany. The project involves a total investment of €163.5 million and will create 500 new jobs in a region facing high structural unemployment. The Commission therefore concluded that the projects positive contribution to regional development outweighed any potential distortions of competition to be brought about by the aid. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/900&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe, Germany |
