Commission Decision (EU) 2015/1587 of 7 May 2015 on the State aid SA.35546 (2013/... (32015D1587)
Commission Decision (EU) 2015/1587 of 7 May 2015 on the State aid SA.35546 (2013/C) (ex 2012/NN) implemented by Portugal for Estaleiros Navais de Viana do Castelo S.A. (notified under document C(2015) 3036) (Text with EEA relevance)
- COMMISSION DECISION (EU) 2015/1587
- of 7 May 2015
- on the State aid SA.35546 (2013/C) (ex 2012/NN) implemented by Portugal for Estaleiros Navais de Viana do Castelo S.A.
- (notified under document C(2015) 3036)
- (Only the English text is authentic)
- (Text with EEA relevance)
- 1.
- PROCEDURE
- 2.
- BACKGROUND
- 2.1.
- The beneficiary
- 2.2.
- The privatisation procedure
- 3.
- DESCRIPTION OF THE MEASURES
- 4.
- THE OPENING DECISION
- 5.
- COMMENTS OF PORTUGAL ON THE OPENING DECISION
- 6.
- ASSESSMENT OF THE MEASURES
- 6.1.
- Difficulties of ENVC
- 6.2.
- Existence of aid
- 6.2.1.
- State resources and imputability
- 6.2.2.
- Selective advantage
- 6.2.3.
- Distortion of competition and affectation of intra-EU trade
- 6.2.4.
- Conclusion on existence of State aid and quantification
- 6.3.
- Unlawful aid
- 6.4.
- Compatibility of the past measures with the internal market
- 6.5.
- Conclusion on compatibility
- 6.6.
- Recovery
- 7.
- ASSESSMENT OF ECONOMIC CONTINUITY BETWEEN ENVC AND WESTSEA
- 7.1.
- Scope of assets sold
- 7.2.
- Sale price
- 7.3.
- Identity of the buyers
- 7.4.
- Moment of the sale
- 7.5.
- Economic logic of the operation
- 7.6.
- Conclusion on the economic continuity between ENVC and WestSea
- 8.
- CONCLUSION
- Article 1
- Article 2
- Article 3
- Article 4
- Article 5
- ANNEX I
- THE 2012 AND 2013 LOANS
- ANNEX II
- THE SHIPBUILDING SUBSIDIES
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