Global Trade Alert
Global Trade Alert

Italy: Financial grant for GE Avio SRL under Horizon Europe for the HYDEA project

Announcement

09 Dec 2022

In December 2022, the European Commission disclosed the provision of a financial grant to GE Avio SRL as the coordinator of the HYDEA project that develops zero-emission technology to reduce aviation’s climate impact.

Source

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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 13.3 million (USD 13.9 million) financial grant to Italian company GE Avio SRL. The company receives the funding as the coordinator of the HY...

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