Press Release: State aid: Commission refers Italy to Court for failure to recover incompatible aid from Ixfin S.p.A.

The European Commission has decided to refer Italy to the Court of Justice (CoJ) for not complying with a Commission decision of October 2009 finding that Ixfin S.p.A., a company active in the sector of contract manufacturing, call centres and logistics, had received unlawful state aid and needed to repay it. To date, Italy has not recovered the aid from Ixfin, which has been in bankruptcy proceedings since 2006.