Press Release: State aid: Commission orders Sweden to recover incompatible aid from property sale by Municipality of Vänersborg

Author (Corporate)
Series Title
Series Details IP/12/110 (08.02.12)
Publication Date 08/02/2012
Content Type

The European Commission has concluded that the sale of a food processing facility from the Swedish municipality of Vänersborg to the real estate company Hammar Nordic Plugg is incompatible with EU state aid rules. Since the sale was not carried out at market conditions, it gives the company an undue economic advantage over its competitors. The Commission has therefore ordered Sweden to recover SEK 14.5 million (around €1.61 million) from the beneficiary.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/110&format=HTML&aged=0&language=EN&guiLanguage=en
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