SANTANA
October 1st, 2001
Keith NuthallTHE EUROPEAN Commission has approved the injection of approved investment by the Spanish government into auto-maker Santana Motor SA, to improve efficiency and productivity at its Andalucia plant.Santana Motor, a wholly owned by a subsidiary company of L'Instituto de Fomento de Andalucia, is involved in the manufacturing and sales of all terrain vehicles, some under a license with Suzuki.Brussels' decision follows an inquiry by Commission officials to investigate whether or not agreed capital investment of Euro 23.4 million and Euro 10 million of ...
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