PARIS (Reuters) – Technology and semiconductor company STMicroelectronics said on Wednesday that its plans to build a site in Italy that will create around 700 new jobs.
The European Commission had earlier said it had approved a 292.5 million euro ($292 million) grant for the project.
($1 = 1.0032 euros)
(Reporting by Sudip Kar-Gupta; editing by Jason Neely)