Global Trade Alert
Global Trade Alert

Germany: Financial grant for aircraft engine manufacturer MTU Aero Engines AG under Horizon Europe

Announcement

09 Dec 2022

In December 2022, the European Commission disclosed the provision of a financial grant to German company MTU Aero Engines AG as the coordinator of the SWITCH project that develops climate-friendly airliner propulsion systems.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

09 Dec 2022

Revocation date:

No revocation date

Financial grant In force

On 9 December 2022, the European Commission provided a EUR 28.6 million (USD 30.2 million) financial grant to German company MTU Aero Engines AG. The company receives the funding as the coordinator of...

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