CELEX: 62019CA0339
Language: en
Date: 2020-09-16 00:00:00
Title: Case C-339/19: Judgment of the Court (Ninth Chamber) of 16 September 2020 (request for a preliminary ruling from the Înalta Curte de Casație și Justiție — Romania) — SC Romenergo SA, Aris Capital SA v Autoritatea de Supraveghere Financiară (Reference for a preliminary ruling — Free movement of capital — Company law — Shares admitted to trading on the regulated market — Financial investment company — National regulations limiting the shareholding in certain financial investment companies — Statutory presumption of concerted action)

16.11.2020   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 390/9
            
         
      Judgment of the Court (Ninth Chamber) of 16 September 2020 (request for a preliminary ruling from the Înalta Curte de Casație și Justiție — Romania) — SC Romenergo SA, Aris Capital SA v Autoritatea de Supraveghere Financiară
      (Case C-339/19) (1)
      
      (Reference for a preliminary ruling - Free movement of capital - Company law - Shares admitted to trading on the regulated market - Financial investment company - National regulations limiting the shareholding in certain financial investment companies - Statutory presumption of concerted action)
      (2020/C 390/12)
      Language of the case: Romanian
      
         Referring court
      
      Înalta Curte de Casație și Justiție
      
         Parties to the main proceedings
      
      
         Applicants: SC Romenergo SA, Aris Capital SA
      
         Defendant: Autoritatea de Supraveghere Financiară
      
         Operative part of the judgment
      
      Article 63 TFEU must be interpreted as precluding a national measure which provides for a 5 % limit on a shareholding in a financial investment company, if that measure is not justified by an overriding reason in the public interest, which it is for the referring court to ascertain.
      
         (1)  OJ C 255, 29.7.2019.