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The commission will assess whether Czech financial support for the Dukovany project complies with EU State aid requirements.
Tenna will continue to serve construction clients independently after the acquisition is complete.
The development on Hudayriyat Island will include 735 villas, ranging in size from 350m² to 2,700m².
The deal will enable Semapa to pursue new investments while Molins expands presence in the international cement sector.