2013/150/EU: Commission Decision of 9 January 2012 SA.30584 (C 38/10, ex NN 69/10... (32013D0150)
2013/150/EU: Commission Decision of 9 January 2012 SA.30584 (C 38/10, ex NN 69/10) on the State aid implemented by Hungary in favour of Malév Hungarian Airlines Zrt. (notified under document C(2011) 9316) Text with EEA relevance
- COMMISSION DECISION
- of 9 January 2012
- SA.30584 (C 38/10, ex NN 69/10) on the State aid implemented by Hungary in favour of Malév Hungarian Airlines Zrt.
- (notified under document C(2011) 9316)
- (Only the Hungarian text is authentic)
- (Text with EEA relevance)
- (2013/150/EU)
- I.
- BACKGROUND AND PROCEDURE
- II.
- MALÉV AND THE MEASURES CONCERNED
- II.1.
- The Company
- II.2.
- The period prior to the 2007 privatisation
- II.3.
- The 2007 privatisation and Malév under private control
- II.3.1.
- Sale to AirBridge
- II.3.2.
- Sale of Malév Ground Handling
- II.3.3.
- Tax deferral
- II.4.
- The 2010 renationalisation and Malév under public control
- II.4.1.
- Reasons leading to the renationalisation of Malév
- II.4.2.
- February 2010 capital increase: debt-to-equity swap and fresh capital
- Figure 1
- Development of Malév's equity situation
- II.4.3.
- May – August 2010: Shareholder's loans and conversion into equity
- II.4.4.
- September 2010: A further capital increase and shareholder loan
- III.
- SUMMARY OF THE MEASURES UNDER INVESTIGATION
- IV.
- COMMENTS FROM HUNGARY
- V.
- COMMENTS FROM INTERESTED PARTIES
- VI.
- HUNGARY'S COMMENTS TO THE OBSERVATIONS OF INTERESTED PARTIES
- VII.
- PRESENCE OF AID IN THE MEANING OF ARTICLE 107(1) TFEU
- VII.1.
- General
- VII.2.
- Assessment of the totality of measures
- VII.3.
- Assessment of measures 1-8 individually
- VII.3.1.
- Measure 1
- VII.3.2.
- Measure 2
- VII.3.3.
- Measure 3
- VII.3.4.
- Measure 4
- VII.3.5.
- Measures 5-8
- VII.4.
- Conclusion on the presence of State aid
- VII.5.
- Compatibility of the Aid with the Internal Market
- VIII.
- RECOVERY
- VIII.1.
- General
- VIII.2.
- Aid element in the individual measures
- VIII.2.1.
- Measure 1
- VIII.2.2.
- Measure 2
- VIII.2.3.
- Measure 3
- VIII.2.4.
- Measure 4
- VIII.2.5.
- Measure 5
- VIII.2.6.
- Measure 6
- VIII.2.7.
- Measure 7
- VIII.2.8.
- Measure 8
- IX.
- CONCLUSION
- Article 1
- Article 2
- Article 3
- Article 4
- Article 5
- Article 6
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