Global Trade Alert
Global Trade Alert

Finland: EUR 80 million recapitalisation measure to Meyer Turku Oy in the context of the Russian invasion of Ukraine

Announcement

19 Dec 2022

In December 2022, the European Commission approved a state aid measure from Finland to support Meyer Turku Oy in the context of the Russian invasion of Ukraine.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Dec 2022

Revocation date:

No revocation date

Updated: 19 Dec 2022
Capital injection and equity stakes (including bailouts) In force

On 19 December 2022, the European Commission approved a EUR 80 million (approx. USD 85 million) recapitalisation measure (hybrid equity loan) from Finland. The loan will support...

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