#52026AS120647Authorization for State Aid SA.120647
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law concerns the authorization of state aid for the development of operational service facilities for technical and hygiene maintenance at major railway stations in Slovakia, specifically in Žilina and Košice. The aid is allocated as a direct grant, with a significant funding intensity of 99.5% of the overall budget set at 270 million euros, contributing to the coordination of transport services in the passenger rail sector. The decision was approved by the European Commission under the regulations outlined in the Treaty on the Functioning of the European Union.
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Key Changes
- Approval of state aid for railway maintenance facilities
- Budget set at 270 million euros
- Intensity of aid at 99.5%
Obligations
What this law requires
Slovakia must ensure state aid is allocated exclusively for development of operational service facilities for technical and hygiene maintenance at railway stations in Žilina and Košice
The granting authority (Ministry of Transport SR) must distribute the direct grant in compliance with Slovak law no. 358/2015 Z.z. on state aid and minimal aid regulation
State aid must not exceed the approved funding intensity of 99.5% of the overall project budget
Annual budget allocation must not exceed 90,000,000 EUR per fiscal year, with overall budget limited to 270,300,000 EUR
Aid allocation must comply with the Partnership Agreement SR 2021-2027 and Program Slovakia 2021-2027 requirements