Smurfit Kappa overturns EC plant funding verdict
date:Jul 11, 2012
ent aid of 83m to Propapier PM2 for the construction.

The project was designed to create around 150 direct jobs and more than 450 indirect jobs in the region, which the EC regards as a disadvantaged area with an abnormally low standard of living and high unemployment.

The EC initially approved the aid, following an assessment to determine whether the market share of Propapier andthe production capacity created by the investment remain below the thresholds set in the Regional Aid Guidelines.

I
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