Press Release: State aid: Commission orders recovery of €10 million unlawful aid from Slovenian ski maker Elan

The European Commission on 19 September 2012 ordered Slovenian authorities to recover €10 million of state aid it granted to the leisure equipment manufacturer Elan group in 2008. The Commission's investigation found that the 2008 capital injection was not in line with EU state aid rules, because a private player operating under market conditions would not have accepted to invest on similar terms. The capital injection therefore procured an undue economic advantage to Elan that its competitors did not have. The measure was unlawfully put into effect by Slovenia and Elan now needs to pay back the undue advantage with interests.