ANNOUNCEMENT 07 Oct 2011

In October 2011, the Slovenian government notified a state aid for Revoz to the European Commission. However, it ultimately withdrew the request after it lowered the payment amount below the EU notification threshold.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Press release on decision to initialise investigation:
http://europa.eu/rapid/press-release_IP-13-640_en.htm
English translation of withdrawal from investigation:
http://ec.europa.eu/competition/state_aid/cases/249228/249228_1545570_29_2.pdf

Inception date: 18 Jul 2013 | Removal date: open ended
Still in force

Financial grant

On 7 October 2011, the Slovenian authorities notified the European Commission on their intention to grant regional aid of EUR 40 million to the Revoz, d.d., for its production facility in Novo Mesto, Slovenia. The invested state money would be used to initialise production of two car models - the new Renault Twingo and the new Smart 4 seater.
 
The beneficiary, Revoz, is a subsidiary of the Renault S.A.
 
However, on 18 July 2013, Slovenia withdrew its notification and reduced its regional aid package to the amount of EUR 38.1 million which was "below the applicable notification threshold laid down in Art.6(2) of the GBER" (para. 3, letter from the EC to Slovenia, Brussels 22.10.2013). The amount will be issued completely in the form of a direct grant to Revoz (para. 4).
 
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.

AFFECTED SECTORS