Commission Decision (EU) 2025/2127 of 16 May 2025 on the State aid SA.24030 (2016/C) (ex N 512/2007 ex 2015/NN) implemented by Germany for Abalon Hardwood Hessen GmbH (notified under document C(2025) 3022)

• CELEX: Decision (EU) 2025/2127
• Articles: 5

Article 1

1.   The following measures constitute State aid unlawfully put into effect by Germany in breach of Article 108(3) of the Treaty on the Functioning of the European Union (TFEU):

(a)

investment loan guarantee in favour of Abalon Hardwood Hessen GmbH, with an aid amount of EUR 1 380 705 (present value in 2006);

(b)

working capital loan guarantee in favour of Abalon Hardwood Hessen GmbH, with an aid amount of EUR 129 134 (present value in 2006).

2.   The investment loan guarantee in favour of Abalon Hardwood Hessen GmbH is compatible with the internal market up to an aid amount of EUR 180 000, and incompatible with the internal market for the remaining amount of EUR 1 200 705. The working capital loan guarantee in favour of Abalon Hardwood Hessen GmbH, with an aid amount of EUR 129 134, is incompatible with the internal market.

Article 2

1.   Germany shall recover the incompatible aid referred to in Article 1 from the beneficiary.

2.   The sums to be recovered shall bear interest from the date on which they were put at the disposal of the beneficiary until their actual recovery.

3.   The interest shall be calculated on a compound basis in accordance with Chapter V of Regulation (EC) No 794/2004.

4.   Germany shall cancel any outstanding payments and other obligations under the guarantees referred to in Article 1 with effect from the date of notification of this Decision.

Article 3

1.   Recovery of the amounts of incompatible aid referred to in Article 1 shall be immediate and effective.

2.   Germany shall ensure that this Decision is implemented within four months following the date of its notification.

Article 4

1.   Within two months following notification of this Decision, Germany shall submit the following information to the Commission:

(a)

a detailed description of the measures already taken and planned to comply with this Decision;

(b)

documents demonstrating that the beneficiary has been ordered to repay the incompatible aid referred to in Article 1.

2.   Germany shall keep the Commission informed of the progress of the national measures taken to implement this Decision until recovery of the incompatible aid referred to in Article 1 has been completed. Upon a simple request by the Commission, Germany shall immediately submit information on the measures already taken and those planned to comply with this Decision. It shall also provide detailed information concerning the amounts of aid and interest already recovered from the beneficiary.

Article 5

This Decision is addressed to the Federal Republic of Germany.