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Finland: EUR 80 million recapitalisation measure to Meyer Turku Oy in the context of the Russian invasion of Ukraine

Description

On 19 December 2022, the European Commission approved a EUR 80 million (approx. USD 85 million) recapitalisation measure (hybrid equity loan) from Finland. The loan will support Meyer Turku Oy in the ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Dec 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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