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Case C-472/15 P: Judgment of the Court (Ninth Chamber) of 23 November 2017 — Servizi assicurativi del commercio estero SpA (SACE), Sace BT SpA v European Commission, Italian Republic (Appeal — State aid — Export credit insurance — Reinsurance cover provided by a public undertaking to its subsidiary — Capital contributions to cover the subsidiary’s losses — Notion of State aid — Imputability to the State — Private investor test)
ECLI:EU:UNKNOWN:62015CA0472
62015CA0472
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22.1.2018
Official Journal of the European Union
C 22/2
(Case C-472/15 P) (<a id="ntc1-C_2018022EN.01000201-E0001" href="#ntr1-C_2018022EN.01000201-E0001"> (<span class="super note-tag">1</span>)</a>
((Appeal - State aid - Export credit insurance - Reinsurance cover provided by a public undertaking to its subsidiary - Capital contributions to cover the subsidiary’s losses - Notion of State aid - Imputability to the State - Private investor test))
(2018/C 022/02)
Language of the case: Italian
Parties
Appellants: Servizi assicurativi del commercio estero SpA (SACE), Sace BT SpA (represented by: M. Siragusa and G. Rizza, avvocati)
Other parties to the proceedings: European Commission (represented by: L. Flynn, G. Conte and D. Grespan, acting as Agents) Italian Republic (represented by: G. Palmieri, acting as Agent, and S. Fiorentino, avvocato dello Stato)
Operative part of the judgment
The Court:
1.Dismisses the appeal;
2.Orders Servizi assicurativi del commercio estero SpA (SACE) and Sace BT SpA to bear their own costs and to pay those incurred by the European Commission in the appeal;
3.Orders the Italian Republic to bear its own costs.
(<a id="ntr1-C_2018022EN.01000201-E0001" href="#ntc1-C_2018022EN.01000201-E0001">(<span class="super">1</span>)</a> OJ C 381, 16.11.2015)