Judgment of the General Court (Second Chamber) of 18 January 2012 - Djebel - SGPS v Commission
(Case T-422/07)
(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)
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:
Dismisses the action;
Orders Djebel - SGPS, SA to bear its own costs and to pay those of the European Commission.
____________1 - OJ C 64, 8.3.2008.