The EU Commission approves a €57.4 million restructuring aid to Croatian mechanical engineering company (Ðuro Ðaković)

State aid: Commission approves €57.4 million restructuring aid to Croatian mechanical engineering company Ðuro Ðaković* The European Commission has approved, under EU State aid rules, Croatia's plans to grant mechanical engineering company Ðuro Ðaković d.d. (‘Đuro Đaković) restructuring aid to the for a total amount of €57.4 million (HRK 430.6 million). The measure will enable the company to finance its restructuring plan and restore its long-term viability with the support of a private investor, the consortium of Czech companies DD Acquisition. Đuro Đaković employs 733 people and has a diversified industrial portfolio including defence, transport, industry and energy. The core business of the company at present is the manufacture of

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European Commission, The EU Commission approves a €57.4 million restructuring aid to Croatian mechanical engineering company (Ðuro Ðaković), 22 December 2021, e-Competitions December 2021, Art. N° 104405

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