CRRC
Total 3 Posts
Chinese Train Manufacturer Withdraws Procurement Bid in Face of EU Probe
Last month, the European Commission announced the first ever in-depth investigation under its new Foreign Subsidies Regulation, targeting CRRC Qingdao Sifang Locomotive Co., Ltd., a subsidiary of CRRC Corporation, a Chinese state-owned train manufacturer. In reaction to that investigation, CRRC withdrew its bid for a Bulgarian procurement contract.
European Commission Posts Notice of Foreign Subsidies Investigation in Chinese Railcar Procurement
The European Commission has posted the official notice related to its investigation under the Foreign Subsidies Regulation (FSR) of a Chinese railcar maker's bid for a Bulgarian procurement contract.
European Commission Investigating Subsidies to Chinese Train Manufacturer
On Friday, the European Commission announced the first ever in-depth investigation under its new Foreign Subsidies Regulation, targeting CRRC Qingdao Sifang Locomotive Co., Ltd., a subsidiary of CRRC Corporation, a Chinese state-owned train manufacturer.
