EU approves Poland's FSO state aid with condition

Newswire

BRUSSELS, Dec 20 (Reuters) - The European Commission said on Wednesday it had approved Poland's plans to grant carmaker FSO 78 million euros ($103 million) in state aid providing it caps production in the next few years. The aid is part of a restructuring plan after the carmaker was left out of a deal under which the operations of its bankrupt major shareholder Daewoo Motors were taken over by General Motors . The aid consists of 62 million euros in state guarantees and a further 16 ...

Premium Content (PAID Subscription Required)

"EU approves Poland's FSO state aid with condition" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×