"Spain. - The Commission approves the first notification under the Multisectoral framework on regional aid for large investment projects, i.e. an aid to the manufacturer of mineral wool Rockwool Penisular S.A"*Introduction One of the main objectives of the new approach under the Multisectoral Framework on regional aid for large investment projects (“Multisectoral Framework”), applicable from 1 September 1998 for a trial period of three years, is to re-focus regional aid on job creation, objective which is fully in line with the conclusions adopted at the last European Summit on Employment on November 1998 in Luxembourg. The Multisectoral Framework thus aims at awarding a ‘bonus’ to aid financing investments which generate direct and indirect jobs. It has also set out to reduce the
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The EU Commission approves the first notification under the multisectoral framework on regional aid for large investment projects concerning an aid granted by the Spanish government to a manufacturer of mineral wool (Rockwool Penisular)
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