State aid case brought before the EU General Court

State aid case brought before the EU General Court


Copenhagen, 2015-02-25 09:40 CET (GLOBE NEWSWIRE) -- In 2013 the shipping company Scandlines filed a complaint to the European Commission over alleged state aid to Øresundsbro Konsortiet I/S (The Øresund Bridge Consortium). Scandlines complained that the State guarantees given by the Swedish and the Danish States related to the Consortium's borrowings to finance the Øresund fixed link, amounted to illegal State aid.

Later in January 2014 Scandlines filed a second complaint concerning the certain tax conditions for the Øresund-project, which the company also found in non-compliance with the State aid rules.

On 15 October 2014 the EU Commission decided upon the complaints. The Commission found that the Consortium is governed by the state aid rules, but that both the State guarantees, as well as the certain tax conditions, are fully compatible with the State aid rules.

The Ministry of Transportation has now informed that Scandlines Øresund incl. others have chosen to refer the Commission's decision to the EU General Court.

         Kaj V. Holm, Executive Vice President, Øresund Bridge Consortium. Telephone + 45 33 41 60 00