The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Welbilt by Ali Group. The approval is conditional on full compliance with commitments offered by Ali Group.
Decision
The European Commission has approved a €226 million (HUF 90 billion) Hungarian scheme to support small and medium-sized enterprises (‘SMEs') across sectors in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union (‘TFEU'), recognising that the EU economy is experiencing a serious disturbance.
The European Commission has ranked easyJet first among the air carriers that have applied for the portfolio of up to 18 daily slots at Lisbon airport. The slots will be made available by TAP Air Portugal to mitigate possible undue competition distortions created by the restructuring aid it received from Portugal, as approved by the Commission in December 2021. As a result of today's decision, easyJet will be able to start operating new routes as of 30 October 2022.
The European Commission has approved an €500 million scheme to support companies active in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union (‘TFEU'), recognising that the EU economy is experiencing a serious disturbance.
The European Commission has approved a €400 million Portuguese scheme to support strategic companies affected by the coronavirus pandemic. The scheme was approved under the State aid Temporary Framework and is included in the national Recovery and Resilience Plan.
The European Commission has informed České dráhy (‘ČD') and Österreichische Bundesbahnen (‘ÖBB'), the Czech and Austrian rail incumbents, of its preliminary view that they have breached EU antitrust rules by colluding in the market for used passenger railway wagons with the aim to distort competition in the rail passenger transport market.
The European Commission has approved, under EU State aid rules, a €8.4 billion Spanish and Portuguese measure aimed at reducing the wholesale electricity prices in the Iberian market (MIBEL) by lowering the input costs of fossil fuel-fired power stations. The measure was approved under Article 107(3)(b) of the Treaty on the Functioning of the European Union, recognising that the Spanish and Portuguese economies are experiencing a serious disturbance. The measure is in line with the Commission's Communication on security of supply and affordable energy prices and the European Council conclusions, both from March 2022, referring to emergency temporary measures reducing spot electricity market prices for companies and consumers that do not affect trading conditions to an extent contrary to the common interest.
The European Commission has approved, under EU State aid rules, Portugal's plans to grant air carrier SATA Air Açores restructuring aid for a total amount of €453.25 million. The measure will enable the company to finance its restructuring plan and restore its long-term viability.
The European Commission has opened an in-depth investigation to assess whether public support that Czechia plans to grant in favour of Digital Terrestrial Television (‘DTT') operators is in line with EU State aid rules.
The European Commission has approved a €20 million Lithuanian scheme to support companies across sectors in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union, recognising that the EU economy is experiencing a serious disturbance.
The European Commission has approved an up to €10 billion Spanish scheme to support self-employed and companies across sectors in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union, recognising that the EU economy is experiencing a serious disturbance.
The European Commission has approved under EU State aid rules Finland's map for granting regional aid from 1 January 2022 to 31 December 2027, within the framework of the revised Regional aid Guidelines.
The European Commission has approved a €50 million Greek scheme to support the livestock sector in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union, recognising that the EU economy is experiencing a serious disturbance.
The European Commission has approved a €500 million Luxembourgish guarantee scheme to support companies across sectors in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union (‘TFEU'), recognising that the EU economy is experiencing a serious disturbance.
The European Commission has approved a €16 million Finnish scheme to support the agricultural sector in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3) (b) of the Treaty on the Functioning of the European Union (‘TFEU'), recognising that the EU economy is experiencing a serious disturbance.
The European Commission has approved a €30 million Maltese scheme to support companies active in the importation, manufacturing and wholesale of grains and other similar products in the context of Russia's invasion of Ukraine. The scheme, which goes under the name “MDB Subsidised Loan Scheme”, was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union (‘TFEU'), recognising that the EU economy is experiencing a serious disturbance.
The European Commission has approved a €1.2 billion Italian umbrella scheme to support the agricultural, forestry, fishery and aquaculture sectors in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union (‘TFEU'), recognising that the EU economy is experiencing a serious disturbance.
The European Commission has approved under EU State aid rules and in line with the Protocol on Ireland/Northern Ireland annexed to the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community (‘Withdrawal Agreement'), Northern Ireland's map for granting regional aid from 1 January 2022 to 31 December 2027, within the framework of the revised Regional aid Guidelines (‘RAG').
On 17 May the European Commission has started unannounced inspections at the premises of companies active in the fashion industry in several Member States. In parallel, the Commission has sent out formal requests for information to several companies active in the fashion sector.
The European Commission has approved a €2 billion Greek scheme aimed at providing investment support towards a sustainable recovery. The scheme was approved under the State aid Temporary Framework.