Slovakia says PSA incentives in line with EU rules

Newswire

BRATISLAVA, Jan 24 (Reuters) - Slovakia offered incentives of up to 15 percent of the total investment by PSA Peugeot Citroen to attract the French car maker's 700-million-euro ($755 million) plant, a senior official said on Friday. The 15-percent figure is the maximum allowed according to European Union competition law. Europe's second-biggest car maker chose Slovakia last week over Poland, Hungary and the Czech Republic to build the assembly plant that should produce 300,000 cars per ...

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