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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)
ECLI:EU:UNKNOWN:62007TA0422
62007TA0422
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25.2.2012
Official Journal of the European Union
C 58/7
(Case T-422/07) (<span class="super">1</span>)
(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.
(<span class="super">1</span>) OJ C 64, 8.3.2008.