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Germany: Knorr-Bremse Systeme Fur Nutzfahrzeuge GmbH gets EUR 71.5 million grant from the EU's Innovation Fund

Description

On 26 February 2025, the European Commission approved a EUR 71.5 million (USD 75.1 million) financial grant for Knorr-Bremse Systeme Fur Nutzfahrzeuge GmbH. The grant was provided for the company’s in...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Feb 2025

Revocation date

No revocation date

Implementation level

Supranational

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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