The EU Commission finds that a direct grant of regional investment aid given to a German textile company was made in accordance with the Regional Block Exemption Regulation (Getzner Textil Weberei GmbH)

Article published on StateAidHub: http://stateaidhub.eu, republished in e-Competitions with the courtesy of the author. The original title of this article appears below the e-Competitions title. Authors are welcome to write an alternative article on this case/text, provided they have no relationships with a party or related third party. Article will need e-Competitions Board approval before publication.

Regional Investment Aid and Sale of Land* A company that applies for State aid is considered to acquire a right to that aid when assurances it has received from the granting authority can be enforced in court. The price of land can be reduced by the cost that a new owner would expend to make the land usable. Introduction In decision SA.40448, the Commission assessed aid that was granted by Germany to Getzner Textil Weberei [GTW]. The Commission’s assessment followed an investigation which had been prompted by a complaint. The German beneficiary of the aid is owned by an Austrian company. GTW is based in Germany and employs about 75 persons who manufacture textiles. GTW transfers all of its production to its Austrian parent company, which then sells it in West Africa. GTW was

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Phedon Nicolaides, The EU Commission finds that a direct grant of regional investment aid given to a German textile company was made in accordance with the Regional Block Exemption Regulation (Getzner Textil Weberei GmbH), 22 September 2016, e-Competitions Bulletin September 2016, Art. N° 89931

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