Steel Gerlafingen Relies on State Aid

The crisis-ridden steel producer Stahl Gerlafingen has applied for financial aid from the Canton of Solothurn. Meanwhile, the aluminium producer Novelis has decided against the state's bridging aid. Two other manufacturers hesitate until the last.

The Solothurner manufacturer of structural steel has decided to apply for financial support from Bund.

Stahl Gerlafingen will apply for the Federal Government's relief from network charges. For the canton of Solothurn, this means that he would have to contribute 4.5 million Swiss francs in subsidies. On Tuesday, the government decided on a corresponding loan.