Global Trade Alert
Global Trade Alert

Italy: State guarantees to firm ACC Compressors S.p.A

Announcement

05 Nov 2013

In November 2013, the government of Italy 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

18 Dec 2013

Revocation date:

No revocation date

Updated: 05 Nov 2013
Loan guarantee In force
On 5 November 2013, Italy notified the EC about its intention to rescue ACC Compressors S.p.A., a manufactuer of compressors for refrigerators. ACC was declared insolvent on 28 June 2013 and needed ...
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