The Commission takes note of the judgment of the General Court dismissing Larco’s appeal against a 2014 Commission decision. In its decision, the Commission found that, among others, a public guarantee granted to Larco in 2008 constituted incompatible State aid and ordered recovery of the aid. In its judgment, the General Court upheld the Commission’s finding that the aid was not granted at market conditions and thus conferred an advantage to the company.
