HILTEX
September 1st, 2001
Keith NuthallTHE EUROPEAN Commission has ordered the German government to recover state aid of Euro 5.9 million, (DM 11.6 million), that was paid to a flax and textile spinning mill in Saxony, after an inquiry concluded that it had wrongfully claimed small business grants, while being covertly controlled by a larger group. Brussels officials have claimed that Hirschfelder Leinen und Textil GmbH, (Hiltex), was actually controlled by the UNIWEAR Group, via a shadow company Key Corporate Ventures Group, Virgin Islands, about which the Commission claims "no data ...
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