EC clears state aid to Duslo Šaľa

THE EUROPEAN Commission (EC) has no objections regarding state investment aid to the chemical company Duslo Šaľa. The Slovak government plans to provide regional investment aid in the form of tax relief worth €58 million to Duslo Šaľa. The company is planning to invest around €310 million into modernising its production facilities for ammonia in Šaľa. This way it wants to preserve around 1,800 jobs at the plant and hundreds of other jobs at supplying companies for the plant’s production.

Monday, January 12, 2015