CELEX: 62007TA0422
Language: en
Date: 2012-01-18 00:00:00
Title: 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)

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.