Smurfit Kappa overturns EC plant funding verdict
date:Jul 11, 2012
The Ireland-based firm urged the European Court of Justice to reverse the April 2008 verdict, which saw Progroup-owned Propapier PM2 awarded around 83m to help fund the construction of a paper mill in Eisenhttenstadt, in the Brandenburg-Nordost region of Germany.

Smurfit Kappa argued that the EC failed to initiate a formalinvestigationon the effectof the aid on competition in the region, as required by its own regulations.

Progroup-owned Propapier PM2 spent 640m on top of the aid to establis
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