Belgium: EC clears €16m funds for Fiat Powertrain

The European Commission has cleared Italy to provide regional aid to the tune of €16m (US$19.28m) to Fiat subsidiary Fiat Powertrain Technologies (FPT). FPT will use these funds to upgrade a production plant in Verrone, Italy, Dow Jones Newswires said. Specifically, this will provide machinery and assembly lines for a new It’s time to log … Continued

The European Commission has cleared Italy to provide regional aid to the tune of €16m (US$19.28m) to Fiat subsidiary Fiat Powertrain Technologies (FPT).

FPT will use these funds to upgrade a production plant in Verrone, Italy, Dow Jones Newswires said. Specifically, this will provide machinery and assembly lines for a new

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