EU probes Polish aid for transport device firm

Newswire

BRUSSELS, Feb 21 (Reuters) - The European Commission has opened an in-depth investigation into plans by Poland to restructure a state-owned transport device firm, saying the scheme may not be enough to make the company viable. The Polish government earmarked 700,000 euros ($920,200) for loss-making Techmatrans, mainly for investments in production assets. "The Commission doubts whether the notified restructuring plan is sufficient to restore the firm's long-term viability, whether the aid ...

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