Press Release: State aid: Commission authorises €3 million compensation for supplementary pension liabilities of Finnish shipping company Arctia Shipping Oy

Author (Corporate)
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Series Details IP/10/898 (6.7.10)
Publication Date 06/07/2010
Content Type

The European Commission authorised on 6 July 2010 under EU state aid rules a Finnish aid to compensate the newly established shipping company Arctia Shipping Oy, for supplementary pension rights accrued by its staff before Finland opened up the ice-breaking activity. The Commission considers this measure necessary to put the company on an equal footing with its competitors.

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