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Romania: EUR 790 million in state aid to Societatea Complexul Energetic Valea Jiului SA to support closure of coal mines in Jiu Valley

Description

On 15 November 2024, the European Commission (EC) approved a EUR 790 million (USD 833 million) financial grant scheme from Romania to cover exceptional costs arising from the closure of the four uncom...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Nov 2024

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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