{
  "url": "https://openlegislation.uk/eu-decision-2013-150/article-1",
  "json_url": "https://openlegislation.uk/eu-decision-2013-150/article-1.json",
  "legislation": "eudn/2013/150",
  "legislation_title": "Commission Decision of 9 January 2012 SA.30584 (C 38/10, ex NN 69/10) on the State aid implemented by Hungary in favour of Malév Hungarian Airlines Zrt. (notified under document C(2011) 9316) (Only the Hungarian text is authentic) (Text with EEA relevance) (2013/150/EU)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2013-150",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": null,
  "text": "The following measures granted by Hungary to Malév Hungarian Airlines Zrt. constitute State aid within the meaning of Article 107(1) TFEU:\n(a) Measure 1: The taking over on 31 December 2007 by the state-owned MAVA of a loan granted to Malév by MFB, a 100 % state-owned development bank, in 2003;\n(b) Measure 2: The provision of a HUF 4,3 billion \"cash facility\" for one year in the context of a planned (subsequently failed) purchase by MNV of Malév's GH subsidiary;\n(c) Measure 3: All overdue tax and social security debt from July 2008 to March 2010 and the deferral of different tax and social security payments as from July 2008;\n(d) Measure 4: In February 2010, a capital increase by MNV of HUF 25,4 billion (partly realised by injecting fresh capital of HUF 20,7 billion and partly through a debt-to-equity swap of the advanced payment for GH of HUF 4,7 billion HUF);\n(e) Measure 5: From May to August 2010, three shareholder loans totalling HUF 9,2 billion granted to Malév by MNV plus interest due but not paid;\n(f) Measure 6: In September 2010, the conversion of the shareholder loans (along with the interest owed thereon) referred to in Article 1(e) from debt to equity in the amount of HUF 9,4 billion;\n(g) Measure 7: In September 2010, a further capital increase in the amount of HUF 5,3;\n(h) Measure 8: In September 2010, a further shareholder loan in the amount of HUF 5,7 billion, plus interest due but not paid.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2013/150/article/1",
    "retrieved_at": "2026-11-01T15:15:08.394758+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}