# Commission Decision (EU) 2015/1587 of 7 May 2015 on the State aid SA.35546 (2013/C) (ex 2012/NN) implemented by Portugal for Estaleiros Navais de Viana do Castelo S.A. (notified under document C(2015) 3036) (Only the English text is authentic) (Text with EEA relevance), Article 1

Extent: E+W+S+N.I.

1. The comfort letters dated 8 January 2007 and 26 June 2008 do not constitute State aid within the meaning of Article 107(1) TFEU.
2. The State aid contained in the shipbuilding subsidies corresponding to contracts C224 and C225 (amounting to EUR 5 350 550) is compatible with the internal market.
3. The State aid referred to in the table below, unlawfully put into effect by Portugal in breach of Article 108(3) of the Treaty on the Functioning of the European Union, is incompatible with the internal market.
Date
Measure
Amount
11 May 2006
2006 capital increase
24 875 000
2012/2013
2012 and 2013 loans
101 118 066,03
(i) 31 January 2006
(ii) 11 December 2008
(iii) 28 April 2010
(iv) 27 April 2011
DGTF loans
(i) 30 000 000
(ii) 8 000 000
(iii) 5 000 000
(iv) 13 000 000
29 November 2011
Comfort letters for a loan granted by BCP
990 000
3 November 2011
Comfort letter for a loan granted by BCP
400 000
30 September 2010
Comfort letter for a loan granted by BCP
12 500 000
31 August 2010
Comfort letters for two standby letters of credit issued by CGD
12 890 000
24 June 2010
Comfort letter for a loan granted by BCP
5 000 000
25 November 2009
Comfort letter for revolving loan by CGD
15 000 000
7 September 2009
Comfort letter for revolving loan by BES
4 500 000
—
Shipbuilding subsidies (contracts C212, C213, C214 and C223)
10 482 374,01
—
Shipbuilding subsidies (contracts C206, C211, C217, C218, C219, C220, C221 and C222)
11 279 009,01
—
Aid for professional training 2005-2006
257 791
23 December 2009
Loan for the Atlântida vessel
37 000 000

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Source: https://www.legislation.gov.uk/eudn/2015/1587/article/1 (the official version)
Page: https://openlegislation.uk/eu-decision-2015-1587/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.