Commission opens in-depth investigation into alleged German State aid involved in the sale of the Nürburgring racetrack

This article is brought to you in association with the European Commission. The Commission has opened an in-depth investigation to assess whether the sale of the Nürburgring racetrack complex in Germany to Capricorn Nürburgring Besitzgesellschaft GmbH (‘Capricorn’) is in line with EU State aid rules. The measure was found to be in line with State aid […]

Commission approves €5 billion German State aid measure to support ESMC in setting up a new semiconductor manufacturing facility

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €5 billion German measure to support European Semiconductor Manufacturing Company (‘ESMC’) in the construction and operation of a microchip manufacturing plant in Dresden. ESMC is a joint venture between Taiwan Semiconductor Manufacturing Company (‘TSMC’), […]

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