Press Release: State aid: Commission concludes that Belgian crystal producer Val Saint-Lambert received incompatible State aid; authorises the sale of some of its assets

Author (Corporate)
Series Title
Series Details IP/14/896 (31.07.14)
Publication Date 31/07/2014
Content Type

The European Commission on the 31 July 2014 concluded that certain aid measures that the Walloon Region granted to Val Saint-Lambert SA (VSL) have conferred on the company an undue economic advantage over its competitors, in breach of EU State aid rules. VSL was ordered to pay back the amount of the aid plus interest, to reduce the distortions of competition created by this granting of aid incompatible with the EU Single Market.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-896_en.htm
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