UK STATE AID
July 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Commission has authorised the British government to grant Euro 9 million to eight coal production businesses, which can be used to offset operating losses in 2001 and January to July this year. The aid is intended to improve their economic viability by reducing production costs. 2001 payments will be made to the Tower Colliery production unit of Tower Colliery Ltd (Pounds 3.819 million), the Scotland production unit of Hall Construction Services (Pounds 387,000), Hall's New Albion OCCS production unit (Pounds 521,000), the Nantyglo ...
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