ANNOUNCEMENT 19 Jun 2013

On 19 June 2013, the European Commission approved a financial grant to support Czech steel-producing company ArcelorMittal Ostrava in their investment into emission-reducing production technologoy in Czech Republic.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 19 Jun 2013 | Removal date: open ended

Financial grant

On 19 June 2013, the European Commission approved a CZK 328.8 (USD 17.17) million financial grant scheme from Czech Republic. The aid will support steel-producing company ArcelorMittal Ostrava in their investment into emission-reducing production technology in Czech Republic. The scheme is in force from 19.06.2013.

Under the scheme, ArcelorMittal Ostrava will receive the financial grant to support their investment into one of their plants in the the Moravia-Silesia Region of Czech Republic. The project is meant to reduce the fugitive dust emissions from VP3 foundries by altering blast furnaces of the plant.

In this context, the European Commission noted that "[t]he distortion of competition is expected to be limited"

As such, the Commission has decided not to raise objections to the aid on the grounds that it "considers that the notified aid to ArcelorMittal for installation of fabric filters equipment to increase the level of environmental protection is compatible with Article 107(3)(c) TFEU. 

The state aid is notified under the following objective: Environmental protection.

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the financial support granted here is discriminatory.

This is one of three Czech financial grants to the same company approved by the EC in 2013. See related state acts.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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