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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)

ECLI:EU:UNKNOWN:62011TA0387

62011TA0387

February 27, 2013
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Official Journal of the European Union

C 108/23

(Case T-387/11) (<span class="super">1</span>)

(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.

(<span class="super">1</span>) OJ C 282, 24.9.2011.

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