The European Commission has confirmed that €10m in aid for the reconstruction of a cableway on Mount Sněžka in the Czech Republic does not constitute state aid as it will not distort competition. With the exception of pedestrian paths, the cableway provides the only means of access to the protected area of the Krkonoše National Park which is subject to strict regulations for environmental and other reasons. Consequently, no other means of transport to the summit could be constructed or operated. In the absence of a competitive market for the services the funding would have no distortive effect and therefore does not constitute state aid.
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Support for cableway not aid
- Nabarro LLP
- Cyrus Mehta, Brian Sher and Rachel Bickler
- Czech Republic, European Union
- October 11 2010
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Don Sangster
Legal Department Administrator
Jovian Capital Corporation