# Commission Decision (EU) 2016/2041 of 20 January 2016 on State aid SA.33926 2013/C (ex 2013/NN, 2011/CP) granted by Belgium to Duferco (notified under document C(2016) 94) (Only the Dutch and French texts are authentic) (Text with EEA relevance), Article 1

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

The following measures, unlawfully implemented by Belgium in breach of Article 108(3) of the Treaty on the Functioning of the European Union, constitute State aid incompatible with the internal market:
(a) sale of a stake in Duferco US Investment Corporation to Duferco Industrial Investment for EUR 11 581 700;
(b) sale of a stake in Duferco Participations Holding Limited to [the company that controlled DPH at the time] for EUR 20 362 464;
(c) purchase of a stake in Duferco Salvage Investments Holding, the beneficiary, for EUR [65-72 million].
(d) loan to [the parent company of the Duferco Group at the time] for EUR 2 082 723 in principle, in so far as the interest rate applied to the loan is below than 3,502 %;
(e) loan to Steel Invest & Finance for EUR 10 413 639 in principle, in so far as the interest rate applied to the loan is below 4,302 %;
(f) purchase of a stake in Duferco Long Products, the beneficiary, for EUR 100 000 000 million.

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Source: https://www.legislation.gov.uk/eudn/2016/2041/article/1 (the official version)
Page: https://openlegislation.uk/eu-decision-2016-2041/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

