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France: EUR 70 million to Turbomeca for its TS-3000 research and development programme

Description

On 29 October 2014, the European Commission approved a EUR 70 million (USD 89.3 million) state loan from France. The loan will support Turbomeca on its TS-3000 research programme to develop a new fami...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Oct 2014

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

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