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Global Trade Alert

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Italy: Introduction of recapitalisation operation to support Sorical SpA

Description

On 21 September 2023, the European Commission approved a EUR 109.9 (USD 117) million financial grant measure from Italy to support the recapitalisation of Sorical SpA. The recapitalisation of the comp...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Sep 2023

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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