Romania: EUR 790 million in state aid to Societatea Complexul Energetic Valea Jiului SA to support closure of coal mines in Jiu Valley

Announcement

15 Nov 2024

In November 2024, the European Commission approved a Romanian state aid scheme to compensate Societatea Complexul Energetic Valea Jiului SA for closing four uncompetitive coal mines in the Jiu Valley.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Nov 2024

Revocation date:

No revocation date

Updated: 15 Nov 2024

Financial grant In force

On 15 November 2024, the European Commission (EC) approved a EUR 790 million (USD 833 million) financial grant scheme from Romania to cover exceptional costs arising from the closure of the four uncom...

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