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Commission approves €267 million Slovak State aid to Volvo

Measures are in line with rules

Redazione Ansa

(ANSA) - BELGRADE, APR 8 - The European Commission has determined that Slovakia's €267 million measure in favour of Volvo Cars complies with EU State aid rules, according to a statement issued today. The investment aid will support the establishment of a new electric passenger vehicle production plant in Valaliky, near Košice, Eastern Slovakia. The measure will help the EU meet its strategic objectives for job creation, regional development, and the European Green Deal. (ANSA).
   

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