European Commission approves aid for closure of three coalmines in Romania

The European Commission has authorised RON 1,169 million (approximately 270 million euros) of public funding for the closure of three uncompetitive coal mining units owned by National Hard Coal Company JSC Petrosani (CNH SA) - the Petrila, Uricani and Paroseni collieries in the western county of Hunedoara.The commission found the measure to be in line with EU state aid rules because production aid will decrease over time and Romania committed to carry out accompanying measures to ...

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