Ðuro Ðaković can have EUR57.4 million in aid, EU says
( December 22, 2021, 10:45 GMT | Official Statement) -- MLex Summary: Croatian mechanical engineering company Ðuro Ðaković can receive 57.4 million euros in restructuring state aid, according to the European Commission. The commission found it compatible with its guidelines on rescue and restructuring aid, since it is necessary to ensure that Đuro Đaković will be viable long-term without the need of continued public support. The planned restructuring aid will take the form of a debt-to-equity swap and a guarantee on potential future commercial claims.Statement follows....
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