European Commission Approves EUR95M Romanian Restructuring State Aid For TAROM

04.29.2024 By Cristina Bellu

The European Commission has approved, under EU State aid rules, Romania's plans to grant its state-owned flag carrier TAROM restructuring aid of up to EUR95.3 million (RON473.69 million). The measure will enable the company to restore its long-term viability, while minimizing competition distortions.

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Keywords:
airline
, tarom
, state aid
, approval
, european commission