Press Release: State aid: Commission launches probe into possible aid to Polish tube producers Walcownia Rur Jedność and Walcownia Rur Jedność Serwis

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Series Title
Series Details IP/07/1591 (24.10.07)
Publication Date 24/10/2007
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The European Commission has opened under EC Treaty State aid rules an in-depth investigation into restructuring aid in favour of two Polish seamless tube producers. The Commission mainly has concerns that the public capital injections into the companies at a time when they were in financial difficulties were not made on market conditions. The opening of an investigation gives interested parties a possibility to submit their comments. It does not prejudge the outcome of the procedure.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1591&format=HTML&aged=0&language=EN&guiLanguage=en
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