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Commission Decision (EU) 2017/166 of 27 November 2015 on State aid SA.38831 (2014/C) (ex 2014/N) which Portugal is planning to implement for Volkswagen Autoeuropa, Lda (notified under document C(2015) 8232) (Text with EEA relevance. )

CELEX
32017D0166
Document type
DEC
Sector
Legislation
Date of document
2015-11-27
In force since
2017-02-01
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1

The State aid which Portugal is planning to implement for Volkswagen Autoeuropa, Lda, amounting to EUR 36,15 million in present value and representing a maximum aid intensity of 6,03 % in gross grant equivalent, is compatible with the internal market within the meaning of Article 107(3)(c) of the Treaty on the Functioning of the European Union. Implementation of the aid, amounting to a maximum of EUR 36,15 million in present value and to a maximum aid intensity of 6,03 % in gross grant equivalent, is accordingly authorised.

Article 2

This Decision is addressed to the Portuguese Republic.

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