This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

EC Statement: State aid - Commission endorses €17 million aid to Solibro for solar modules plant in Bitterfeld-Wolfen, Germany

( July 20, 2010, 09:45 GMT | Official Statement) -- MLex Summary: The European Commission has endorsed 17 million euros in regional investment aid to Solibro GmbH for the production of solar modules in Bitterfeld-Wolfen, Germany.The European Commission has authorised €17 million of regional investment aid for the German company Solibro GmbH for the production of solar modules in Bitterfeld-Wolfen (Sachsen-Anhalt), Germany. The project involves an investment of €142 million and is expected to create at least 260 new jobs in the region. Germany limited the aid amount to the maximum that would be allowable taking account of aid granted to a previous investment project by Solibro. The Commission found the measure to be compatible with the requirements of the Regional Aid Guidelines 2007-2013 (see IP/05/1653), and in particular with their rules on large investment projects. The Commission concluded that, on balance, the positive effects of the investment on regional development outweigh potential distortions of competition brought about by the aid....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections