ECLI:EU:T:2008:597•Judgment of the Court of First Instance (Fifth Chamber) of 18 December 2008.#Componenta Oyj v Commission of the European Communities.#State aid - Metallurgy sector - Acquisition of a shareholding held by an undertaking in a property company and repayment of a loan by that undertaking to the property company in consideration for an investment in that undertaking - Decision declaring the aid incompatible with the common market and ordering its recovery - Private investor test - Valuation of the shares in a property company - Valuation of the real property assets of a company - Duty to state the reasons for the decision - Finding of the Court of its own motion.#Case T-455/05.
Judgment of the Court of First Instance (Fifth Chamber) of 18 December 2008.#Componenta Oyj v Commission of the European Communities.#State aid - Metallurgy sector - Acquisition of a shareholding held by an undertaking in a property company and repayment of a loan by that undertaking to the property company in consideration for an investment in that undertaking - Decision declaring the aid incompatible with the common market and ordering its recovery - Private investor test - Valuation of the shares in a property company - Valuation of the real property assets of a company - Duty to state the reasons for the decision - Finding of the Court of its own motion.#Case T-455/05.
ECLI:EU:T:2008:597Eu Chamb 05 TDec 18, 2008
Full text
Subject of the case
Operative part
Subject of the case
Re:
APPLICATION for annulment of Commission Decision 2006/900/EC of 20 October 2005 on the State Aid implemented by Finland for investment aid to Componenta Corporation (OJ 2006 L 353, p. 36).
Operative part
Operative part
The Court:
1. Annuls Commission Decision 2006/900/EC of 20 October 2005 on the State Aid implemented by Finland for investment aid to Componenta Corporation;
2. Orders the Commission to bear its own costs and pay Componenta’s costs;
3. Orders the Republic of Finland to bear its own costs.
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