Authorisation for State aid pursuant to Articles 107 and 108 of the Treaty on the Functioning of the European Union

Cases where the Commission raises no objections

SA.111080

(Text with EEA relevance)

(C/2024/2501)

Date of adoption of the decision

13.2.2024

Aid number

SA.111080

Member State

Luxembourg

Region

Title (title and/or name of the beneficiary)

TCTF — Luxembourg — Aid scheme for companies particularly affected by the rise in energy prices caused by Russia’s aggression against Ukraine (Reintroduction and amendment of scheme SA.103096 (2022/N), as previously amended by SA.104396, SA.105084 and SA.107873)

Legal basis

Draft amendment of Law of 15 July 2022 to establish a support scheme for companies particularly affected by the increase in energy prices caused by Russia’s aggression against Ukraine (Projet de loi modifiant la loi du 15 juillet 2022 visant à mettre en place un régime d’aides aux entreprises particulièrement touchées par la hausse des prix de l’énergie causée par l’agression de la Russie contre l’Ukraine)

Type of measure

Scheme

Objective

Remedy for a serious disturbance in the economy

Form of aid

Direct grant

Budget

Overall budget: 375 000 000 EUR

Annual budget: 375 000 000 EUR

Intensity

Duration

Until 31.12.2024

Economic sectors

All economic sectors eligible to receive aid

Name and address of the granting authority

Minsitry of the Economy

19-21 Boulevard Royal, L-2449, Luxembourg

Other information

The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:

https://competition-cases.ec.europa.eu/search?caseInstrument=SA