Judgment of the General Court (Seventh Chamber) of 10 November 2011.#Elliniki Nafpigokataskevastiki AE Chartofylakeiou, Howaldtswerke-Deutsche Werft GmbH and ThyssenKrupp Marine Systems AG v European Commission.#State aid - Shipbuilding - Aid granted by the Greek authorities in the form of an indemnification guarantee - Decision declaring the aid incompatible with the common market - Concept of State aid - Imputability to the State - State resources - Private investor test.#Case T-384/08.

Subject of the case

Re:

APPLICATION for annulment of Article 16 of Commission Decision 2009/610/EC of 2 July 2008 on the measures C 16/04 (ex NN 29/04, CP 71/02 and CP 133/05) implemented by Greece in favour of Hellenic Shipyards SA (OJ 2009 L 225, p. 104).

Operative part

Operative part

The Court:

1. Dismisses the action;

2. Orders Elliniki Nafpigokataskevastiki AE Chartofylakeiou, Howaldtswerke-Deutsche Werft GmbH and ThyssenKrupp Marine Systems AG to bear their own costs and to pay those incurred by the European Commission and by Trapeza Peiraios AE.