Commission Decision (EU) 2025/775 of 29 April 2024 on the State aid SA.59344 – 2021/C (ex 2021/N, ex 2020/PN) – Restructuring aid to TAROM (notified under document C(2025) 2968)

1 A EUR 2,7 million capital injection granted in 2023 in favour of TAROM S.A. constitutes State aid and the Commission regrets that it was unlawfully granted by Romania in breach of Article 108(3) of the Treaty on the Functioning of the European Union.

2 The restructuring aid to TAROM S.A., which Romania has partly implemented and is planning to implement, in the form of a capital injection by the State equivalent to approximately EUR 45,77 million (having been carried out and to be carried out in RON) and the debt write-off corresponding to the amount of the rescue loan with interest and any foreign exchange rate differences of EUR 49,53 million, amounting to approximately EUR 95,3 million in total is compatible with the internal market within the meaning of Article 107(3), point (c), of the Treaty on the Functioning of the European Union.

Romania shall inform the Commission, within two months of notification of this Decision, of the measures taken to comply with it.

This Decision is addressed to Romania.