Commission Decision (EU) 2021/2182 of 6 March 2020 SA.41727 (2016/C) (ex 2016/NN)... (32021D2182)
Commission Decision (EU) 2021/2182 of 6 March 2020 SA.41727 (2016/C) (ex 2016/NN) (ex 2015/CP) on the measures in favour of Empresa de Manutenção de Equipamento Ferroviário, S.A. (EMEF) (notified under document C(2020) 1254) (Only the Portuguese text is authentic) (Text with EEA relevance)
- COMMISSION DECISION (EU) 2021/2182
- of 6 March 2020
- SA.41727 (2016/C) (ex 2016/NN) (ex 2015/CP) on the measures in favour of Empresa de Manutenção de Equipamento Ferroviário, S.A. (EMEF)
- (notified under document C(2020) 1254)
- (Only the Portuguese text is authentic)
- (Text with EEA relevance)
- 1.
- PROCEDURE
- 2.
- DETAILED DESCRIPTION OF THE MEASURES
- 2.1.
- Background of the investigation and context of the measures
- 2.1.1.
- The alleged beneficiary
- 2.1.2.
- The complaint
- 2.1.3.
- Limitation period
- 2.2.
- The measures under investigation
- 2.2.1.
- Measure 1: Capital increases in EMEF
- 2.2.2.
- Measure 2: Loans granted to EMEF
- 2.2.3.
- Measure 3: Financial guarantees granted to EMEF
- 3.
- GROUNDS FOR INITIATING THE PROCEDURE
- 4.
- COMMENTS FROM INTERESTED PARTIES
- 5.
- COMMENTS FROM PORTUGAL
- 5.1.
- Portugal’s position concerning imputability
- 5.1.1.
- Legal status of CP
- 5.1.2.
- Portugal’s comments concerning formal State control over CP and EMEF
- 5.1.3.
- Portugal’s comments concerning actual State control over CP
- 5.1.4.
- Concerning the appointment of CP’s Management
- 5.1.5.
- Concerning whether the State was requested to approve the Measures
- 5.1.6.
- Concerning the role of the Inspectorate-General of Finance
- 5.1.7.
- Concerning the financing of CP at the time of the granting of the Measures
- 5.1.8.
- Concerning EMEF’s decision making bodies
- 5.2.
- Portugal’s position concerning MEOP compliance of the Measures
- 5.3.
- Portugal’s position concerning qualifying EMEF as a firm in difficulty
- 6.
- ASSESSMENT OF THE MEASURES
- 6.1.
- Introduction
- 6.2.
- Aid granted through State resources
- 6.3.
- Imputability to the State
- 6.3.1.
- The legal status of CP
- 6.3.2.
- Intensity of the supervision exercised
- 6.3.3.
- Public authority not involved in the granting of the Measures
- 6.3.4.
- Appointment of the Management Board members of CP and EMEF’s Board of Directors
- 6.3.5.
- The circumstances underlying the adoption of the Measures
- 7.
- CONCLUSION
- Article 1
- Article 2
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