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2002/900/EC: Commission Decision of 5 June 2002 on the State aid which Spain plans to grant Renault España SA (notified under document number C(2002) 1992) (Text with EEA relevance)

2002/900/EC: Commission Decision of 5 June 2002 on the State aid which Spain plans to grant Renault España SA (notified under document number C(2002) 1992) (Text with EEA relevance)

Decision · 2 articles

Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Article 1

The State aid which Spain plans to grant Renault España SA in Valladolid - a nominal EUR 22333832 (equivalent to a present value of EUR 18366569, taking 1999 as the base year and assuming a discount rate of 4,72 %) - for an eligible investment of EUR 149441660 (present value: EUR 128724990), is compatible with the common market within the meaning of Article 87(3)(a) of the Treaty. The aid may therefore be granted.

Article 2

This Decision is addressed to the Kingdom of Spain. Done at Brussels, 5 June 2002. For the Commission Mario Monti Member of the Commission (1) OJ C 33, 6.2.2002, p. 13. (2) See footnote 1. (3) BOE No 34, 8.2.1997, p. 4167. (4) BOE No 3, 3.1.1997, p. 89. (5) BOCyL No 109, 7.6.2000, p. 6901. (6) OJ C 279, 15.9.1997, p. 1 (validity extended in OJ C 368, 22.12.2001, p. 10). (7) Business secret.

Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.

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