Press Release: State aid: Commission approves restructuring of SNCB’s freight activities

In line with EU state aid rules, the European Commission has authorised SNCB's plans to restructure its freight activities and convert its freight division into a subsidiary. Under the restructuring plan, the freight division will be legally separated and transformed into a commercial company under ordinary commercial law. The plan also includes a substantial reduction in the capacity of SNCB's freight activities. The Commission has concluded that the restructuring plan will ensure the viability of SNCB's freight activities without unduly distorting competition in the internal market.

• Primary Source