Press Release: State aid: Commission opens in-depth inquiry into €20 million capital injections into Elan of Slovenia

The European Commission opened on 12 May 2010 an in-depth investigation under EU State aid rules into capital injections destined to two subsidiaries of state owned company Elan Skupina in Slovenia. The Slovenian authorities consider the €20 million injections into ski producer Elan and yacht builder Elan Marine do not constitute State aid. At this stage, the Commission has doubts as to the qualification of the measures, but will examine whether a private investor would have accepted to carry out these capital injections under the same conditions. The opening of an in-depth investigation allows interested parties to comment on the measures under assessment. It does not prejudge the outcome of the procedure