State aid: Commission finds no aid given to Greek industrial parks manager ETVA VIPE

11 Aug 2022 04:08 PM

The European Commission has concluded that certain public measures in favour of industrial park manager ETVA Industrial Areas SA (‘ETVA VIPE') do not constitute State aid within the meaning of EU rules.

ETVA VIPE is a private company managing several industrial parks in Greece. It is the successor of a public company, the Hellenic Industrial Development Bank, that was previously entrusted with the development and management of these industrial parks.

In 2019, the Commission received a complaint by companies operating in the premises of industrial parks in Greece managed by ETVA VIPE, alleging that certain public measures adopted by Greece constituted illegal State aid. In particular, the complainants questioned the compatibility with State aid rules of the Greek authorities' decisions to:

The Commission's assessment

The Commission assessed the Greek measures under EU State aid rules, in particular Article 107(1) of the Treaty on the Functioning of the European Union (‘TFEU').

The Commission found that:

On this basis, the Commission found that the measures do not constitute State aid within the meaning of EU law.

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