Global Trade Alert
Global Trade Alert

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

Announcement

17 Jul 2013

In July 2013, the European Commission approved a series of grants and loans to support the French manufacturer Valeo in its Essencyele project.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Jul 2013

Revocation date:

No revocation date

Updated: 17 Jul 2013
Financial grant In force

On 17 July 2013, the European Commission approved a EUR 8.3 million (USD 10.9 million) financial grant from France. The aid will support the French automotive supplier Vale...

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Updated: 17 Jul 2013
State loan In force

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 ...

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