EU Investigation into Aker Warnow Werft Continues

A European Union investigation over the possible repayment of subsidies by German shipyard Aker Warnow Werft – formerly Kvaerner Warnow Werft – looks set to drag on. A spokesman for European Competition Commissioner Mario Monti dismissed a news report to the contrary, adding that there was no schedule for a decision yet. The case has been pending for several years.