The EU Commission authorizes the Flemish region to participate in the capital increase for the R&D of a company (OCAS)

Galand, Christophe

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20 Oct 2004

The EU Commission authorizes the Flemish region to participate in the capital increase for the R&D of a company (OCAS)

KEYWORDS

Reference

EU Commission, Apport en capitaux au profit de la société O.C.A.S., Case n°N315/2004, 20 October 2004 (French)

"Flemish region authorized to participate in the capital increase of the R&D company OCAS"* On 20 October 2004, the Commission authorized the region of Flanders, Belgium, to participate to the capital increase of O.C.A.S, whose initials stands in Dutch for Research Centre for the Application of Steel. Up to that date the company was a 100% subsidiary of the steel group Arcelor. Within the latter, OCAS was charged with research and development in the flat carbon sector with a specialisation on application for the automotive sector. Arcelor wished to transform OCAS from an automotive- focused centre to a general-industry dedicated centre. This meant a shift from a concentrated to a highly fragmented customer base, requesting a more client oriented approach. Consecutively and in

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Author

Christophe Galand
European Commission - DG COMP (Brussels)

Belgium 5 contributions 1671 visits

Quotation

Christophe Galand, The EU Commission authorizes the Flemish region to participate in the capital increase for the R&D of a company (OCAS), 20 October 2004, e-Competitions State intervention, Art. N° 36859

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