Benteler's move out of Germany may hurt state aid hopes

Benteler has developed a "skateboard" platform with Bosch to offer to automakers who want to build compact and larger electric vehicles. (BENTELER)

AS

By:

Arno Schuetze

|

R

By:

Reuters

May 20, 2020 06:48 AM

FRANKFURT -- Benteler's move from Germany to Austria in 2010 cut its tax bill but may now create a hurdle as the company seeks to access state support during the coronavirus crisis.

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