#E2026C01933State Aid for Avinor AS for New Airport in Mo i Rana
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The European Commission has raised no objections to the state aid measure involving the funding of a new airport in Mo i Rana, Norway. This decision allows Avinor AS to receive up to NOK 331 million in direct grant aid to support airport infrastructure investments. The funding is authorized under the revised national budget and aims to enhance passenger air transport capacity in the region.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Approval of state aid by the EFTA Surveillance Authority
- Funding allocated for airport infrastructure
- Duration of aid from 2025 to 2027
Obligations
What this law requires
Avinor AS must utilize the state aid grant of up to NOK 331 million exclusively for airport infrastructure investments at the new Mo i Rana airport facility
The Ministry of Transport and Rana Municipality must ensure the aid is disbursed and project completion occurs within the defined duration period from 2025 to 2027
Avinor AS must comply with the terms stipulated in the amended three-part agreement between Avinor, Rana Municipality, and Polarsirkelen Lufthavnutvikling AS
The granting authorities (Ministry of Transport and Rana Municipality) must maintain records demonstrating that the aid intensity of 96.4% complies with EFTA/EU state aid rules throughout the project duration
All parties must report project progress and financial utilization of the NOK 331 million grant to the EFTA Surveillance Authority as required under state aid monitoring protocols