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France: Financial support to Valeo for developming a new hybridisation system for petrol engines

Description

On 17 July 2013, the European Commission approved state loans valued at EUR 15.9 million (USD 20.8 million) from France. The aid will support the French automotive supplier Valeo on its Essencyele pro...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Jul 2013

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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