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23.7.2020 |
EN |
Official Journal of the European Union |
C 243/11 |
State aid – Decision to raise no objections
(2020/C 243/05)
The EFTA Surveillance Authority raises no objections to the following State aid measure:
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Date of adoption of the decision |
17 April 2020 |
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Case No |
85047 |
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Decision No |
039/20/COL |
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EFTA State |
Norway |
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Region |
Whole territory of Norway |
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Title (and/or name of the beneficiary) |
COVID-19 Grant scheme for undertakings suffering a substantial loss of turnover due to the COVID-19 outbreak |
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Legal basis |
Act on a temporary grant scheme for undertakings suffering a substantial loss of turnover |
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Type of measure |
Scheme |
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Objective |
Compensate for damages to undertakings caused by the COVID-19 outbreak to secure employment and ensure a faster recovery of the economy after the crisis |
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Form of aid |
Grants |
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Budget |
Estimated NOK 50 billion |
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Intensity |
100 % |
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Duration |
The scheme applies to loss suffered from 1 March 2020 until 31 May 2020 |
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Economic sectors |
All sectors except for companies engaged in petroleum extraction and production, as well as production, transmission, distribution and trade of power and financial institutions, private kindergartens and airlines |
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Name and address of the granting authority |
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The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s website: http://www.eftasurv.int/state-aid/state-aid-register/decisions/