EU Eyes €40M In Polish Aid For Fiat Engine Plant

Law360, New York (February 9, 2011, 2:35 PM EST) -- European antitrust regulators announced Wednesday an investigation into Poland's plans to provide more than €40 million ($54.7 million) in tax breaks and grants to help Fiat Powertrain Technologies SpA build a plant for next-generation auto engines.

The European Commission said that it had opened a formal probe into whether the Polish plans run afoul of European Union regulations on state aid, citing concerns about Fiat's large market share.

Fiat's Polish unit plans to build a €180 million facility in Bielsko-Biała, a city in Poland's southwestern Silesia...
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