Press Release: State aid: European Commission finds €10 million support for reconstruction of Czech cableway on Mount Sněžka is not state aid

The European Commission has concluded that financial support of CZK250 million (€10 million) for the reconstruction of a cableway on Mount Sněžka, a mountain situated on the border between the Czech Republic with Poland, does not constitute state aid in the sense of European Union rules. It also concluded to the absence of distortions of competition. The planned support had been notified to the Commission for reasons of legal certainty.