Global Trade Alert
Global Trade Alert

Italy: Introduction of recapitalisation operation to support Sorical SpA

Announcement

21 Sep 2023

In September 2023, the European Commission approved a direct grant operation from Italy to support Sorical SpA, the single water managing operator of the Calabria region. 

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

21 Sep 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 21 September 2023, the European Commission approved a EUR 109.9 (USD 117) million financial grant measure from Italy to support the recapitalisation of Sorical SpA. The recapitalisation of the comp...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.