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
The EU Commission approves a €57.4 million restructuring aid to Croatian mechanical engineering company (Ðuro Ðaković)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.