30-Apr-2024 7:42 AM
Commission approves €95.3 million Romanian restructuring State aid for airline
Direct News Source
The European Commission has approved, under EU State aid rules, Romania's plans to grant the Romanian state-owned flag carrier TAROM restructuring aid for up to €95.3 million (RON 473.69 million). The measure will enable the company to restore its long-term viability while minimising competition distortions.
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This press release was sourced from European Commission on 29-Apr-2024.