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Document 62007TA0422

    Case T-422/07: Judgment of the General Court (Second Chamber) of 18 January 2012 — Djebel — SGPS v Commission (State aid — Aid scheme designed to promote modern and competitive entrepreneurial strategies — Planned aid for a commercial company in the form of a soft loan in order to help finance an investment by that company in Brazil — Decision declaring aid to be incompatible with the common market — Obligation to state reasons — Impairment of competition — Effect on trade between Member States — Equal treatment)

    IO C 58, 25.2.2012, p. 7–7 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    25.2.2012   

    EN

    Official Journal of the European Union

    C 58/7


    Judgment of the General Court (Second Chamber) of 18 January 2012 — Djebel — SGPS v Commission

    (Case T-422/07) (1)

    (State aid - Aid scheme designed to promote modern and competitive entrepreneurial strategies - Planned aid for a commercial company in the form of a soft loan in order to help finance an investment by that company in Brazil - Decision declaring aid to be incompatible with the common market - Obligation to state reasons - Impairment of competition - Effect on trade between Member States - Equal treatment)

    2012/C 58/11

    Language of the case: Portuguese

    Parties

    Applicant: Djebel — SGPS SA (Funchal, Portugal) (represented by: M. Andrade Neves and S. Castro Caldeira, lawyers)

    Defendant: European Commission (represented by: M. Afonso and B. Martenczuk, Agents)

    Re:

    Action for annulment of Commission Decision 2007/582/EC of 10 May 2007 on State aid C 4/2006 (ex N 180/2005) — Portugal — Aid to Djebel (OJ 2007 L 219, p. 30).

    Operative part of the judgment

    The Court:

    1.

    Dismisses the action;

    2.

    Orders Djebel — SGPS, SA to bear its own costs and to pay those of the European Commission.


    (1)  OJ C 64, 8.3.2008.


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