EC approved Slovakia’s investment aid for Jaguar Land Rover

Last May, the Commission started investigating this state aid, due to suspicions as to whether it fulfils European rules.

Jaguar carmaker, illustrative stock photoJaguar carmaker, illustrative stock photo (Source: TASR)

The European Commission approved Slovakia’s plan to render investment aid worth €125 million to the Jaguar Land Rover carmaker, in order to build a plant near the Slovak city of Nitra, the Denník N daily wrote.

Read also: Jaguar Land Rover will commence production in Nitra in the coming weeks Read more 

The EC reported in October that the aid is in compliance with European Union rules on state aid, and that it will contribute to the development of this region. It will not violate economic competition in a unified market. The Jaguar’s Nitra plant shall officially start producing by the end of this year.

Read also: Jaguar will need people from abroad for its plant in Slovakia Read more 

Last May, the European Commission started investigating this state aid, due to suspicions as to whether it fulfils EU rules.

Top stories

Lutheran High School in Tisovec, known better as EGT.

News digest: School wants US teachers but they fear war in Ukraine

Tax offices' extended opening hours, major development in the Daniel Tupý murder case, and another Slovakia Matters edition.


40m
Filip Toška holding chard in the hydroponic Hausnatura farm.

How a Mayan doomsday prophecy took a Slovak to hi-tech agriculture

Hydroponic farm run out of former telephone exchange.


9. mar
Index magazine, The Slovak Spectator's sister publication, looked at the stories of the ten biggest defaulters of the Financial Administration.

Who are the biggest tax debtors?

Single-use companies laundered millions of euros.


20. mar
Some Ukrainian students report being bullied due to their nationality. UNICEF works with schools so that they can provide a tolerant and respectful environment as well as activities that facilitate positive relationships and promote inclusion.

The silent toll of the war in Ukraine is on minds

Friends are essential for mental health, but only one in three Ukrainian children in Slovakia are currently enrolled in school.


20. mar
SkryťClose ad