15:00, 10.03.2009 Romanian Parliament Clears EUR143M State Aid For Ford

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BUCHAREST / 15:00, 10.03.2009 Romania"s Chamber of Deputies approved Tuesday the Emergency Ordinance granting an EUR143 state aid to Ford Motor Company, which bought last year a car factory in the country"s southern city of Craiova.The Emergency Ordinance 109/2008 was previously adopted by the Senate and the Chamber of Deputies is the decisional house.In March 2008, Ford paid EUR57 million for a 72.4% stake in Romania"s Automobile Craiova assembly plant.

It pledged to further invest EUR675...

Read the whole story in: Mediafax