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14.4.2012 |
EN |
Official Journal of the European Union |
C 109/9 |
Judgment of the General Court of 28 February 2012 — Grazer Wechselseitige Versicherung v Commission
(Case T-282/08) (1)
(State aid - Aid granted by the Austrian authorities to the Grazer Wechselseitige group (GRAWE) in connection with the privatisation of Bank Burgenland - Decision declaring the aid to be incompatible with the common market and ordering its recovery - Private investor in a market economy test - Application where the State acts as vendor - Determination of the market price)
2012/C 109/20
Language of the case: German
Parties
Applicant: Grazer Wechselseitige Versicherung AG (Graz, Austria) (represented by: H. Wollmann, lawyer)
Defendant: European Commission (represented by: initially V. Kreuschitz, N. Khan and K. Gross and subsequently V. Kreuschitz, N. Khan and T. Maxian Rusche, Agents)
Re:
Application for annulment of Commission Decision 2008/719/EC of 30 April 2008 on State aid C 56/06 (ex NN 77/06) implemented by Austria for the privatisation of Bank Burgenland (OJ 2008 L 239, p. 32).
Operative part of the judgment
The Court:
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1. |
Dismisses the action; |
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2. |
Orders Grazer Wechselseitige Versicherung AG to pay the costs. |