EU Approves €143 million Romanian Government Aid To Ford

The European Commission has given its consent to the Romanian government to grant Ford €143 million (approx $226 million) for the production of vehicles and engines in Craiova, in the South West of Romania. Ford’s total investment costs in the area amount to €435 million for the vehicle project and to €165 million for the engine project, while the actual government aid amounts are €94 million and