State aid for company OKD, OKK is compatible

12 Mar 2003

On the basis of the application by the Ministry of Industry and Trade, the Office approved exemption from the prohibition of state aid in favour of the company OKD, OKK, a.s.

The exemption concerns remission of long-term liabilities stemming from participation of the state budget in environmental measures taken by the company amounting to 80 million CZK and use of Czech-Poland clearing towards the state budget in the amount of 53.5 million CZK.

Press and Information Department of the Office