Global Trade Alert
Global Trade Alert

France: State aid to appliance manufacturer FagorBrandt

Announcement

25 Nov 2013

In November 2013, the government of France announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Nov 2013

Revocation date:

24 Feb 2015

Last action: 25 Nov 2013
State loan
On 25 November 2013, the French subsidiary of the Spanish appliance manufacturer FagorBrandt received a loan at subsidised interest rates worth 10 million EUR. Furthermore, on 10 April 2014, the comp...
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