Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/12/110 (08.02.12) |
Publication Date | 08/02/2012 |
Content Type | News |
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. |
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Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/110&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Internal Markets |
Countries / Regions | Sweden |