Global Trade Alert
Global Trade Alert

Austria: EUR 28.8 million grant to support modernisation of Sandoz GmbH's penicillin production in Tyrol

Announcement

27 Jul 2023

In July 2023, the European Commission approved a EUR 28.8 million grant from Austria to support the modernisation of Sandoz GmbH's penicillin production in Tyrol.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Jul 2023

Revocation date:

No revocation date

Updated: 27 Jul 2023
Financial grant In force

On 27 July 2023, the European Commission approved a EUR 28.8 million (USD 32 million) financial grant to Sandoz GmbH, an Austrian manufacturer of healthcare products. The grant supports the moderni...

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