The General Court of the European Union (CJEU) has rejected appeals by four companies involved in illegal state aid in the Madeira Free Trade Zone (ZFM), determined by Brussels, supporting the European Commission in its decision of its incompatibility with EU rules. According to a statement from the court, this…
Posts tagged as “Madeira Free Trade Zone”
The value of the settlements already remitted by the tax authorities to companies in the Madeira Free Trade Zone (ZFM) identified as having received illegal State aid amounts to 525 million euros, but only a fraction has been returned – 66 million euros. Recent data from the Tax and Customs…
The President of the board of the IBC-Services of the Commercial and Industrial Association of Funchal-Chamber of Commerce and Industry of Madeira (ACIF-CCIM),
The Judiciary Police (PJ), through the Criminal Investigation Department of Madeira of the Judiciary Police, identified and located a commercial company indicted for the import, export, and distribution of prohibited substances.
"The Regional Government is convinced that the greatest challenge facing Madeira is the challenge of competitiveness.