CELEX: 62011TA0387
Language: en
Date: 2013-02-27 00:00:00
Title: Case T-387/11: Judgment of the General Court of 27 February 2013 — Nitrogénművek Vegyipari v Commission (State aid — Banking sector — Loans guaranteed by Hungary and granted by a development bank — Decision declaring the aid measures partly incompatible and ordering their recovery — Private investor test)

13.4.2013   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 108/23
            
         Judgment of the General Court of 27 February 2013 — Nitrogénművek Vegyipari v Commission
   (Case T-387/11) (1)
   
   (State aid - Banking sector - Loans guaranteed by Hungary and granted by a development bank - Decision declaring the aid measures partly incompatible and ordering their recovery - Private investor test)
   2013/C 108/61
   Language of the case: English
   
      Parties
   
   
      Applicant: Nitrogénművek Vegyipari Zrt. (Pétfürdő, Hungary) (represented by: Z. Tamás and M. Le Berre, lawyers)
   
      Defendant: European Commission (represented by: T. Maxian Rusche, P. Němečková and C. Urraca Caviedes, Agents)
   
      Re:
   
   Application for annulment of Commission Decision 2011/269/EU of 27 October 2010 on State aid C-14/09 (ex NN 17/09) granted by Hungary to Péti Nitrogénművek Zrt. (OJ 2011 L 118, p. 9).
   
      Operative part of the judgment
   
   The Court:
   
               1.
            
            
               Dismisses the action;
            
         
               2.
            
            
               Orders Nitrogénművek Vegyipari Zrt. to pay the costs.
            
         
      (1)  OJ C 282, 24.9.2011.