Browse by year:


Other

PR(05)43: Norwegian company Entra Eiendom AS has received unlawful state aid

14.12.2005

The EFTA Surveillance Authority today decided that the exemption of document duties and registration fees provided for in the establishment of the Norwegian real estate company Entra Eiendom AS constitutes unlawful state aid. The Authority also decided that the foregone duties and fees shall be recovered with accrued interest. Norwegian authorities have calculated the accumulated duties and fees to be in the range of NOK 80 million (some EUR 10 million). 

Entra was established as a limited liability company in 2000 as a part of a reorganisation of the administrative body Statsbygg. The company is 100% owned by the Norwegian State and is operating in competition with private companies. When Entra was established, the Norwegian Parliament adopted a special law whereby Entra was exempted from paying document duties and registration fees. According to the Act on Document Duty, the registration of transfer of ownership title (“hjem­mels­over­fø­ring”) to real estate property releases an obligation to pay document duties and registration fees. The Authority has concluded that, by not paying such duties and fees, Entra received unlawful state aid.   

For further information, please contact:

Mr. Amund Utne, Director, Competition and State Aid Department,
tel. (+32)(0)2 286 18 50; or
Mr. Rolf Egil Tønnessen, Deputy Director, Competition and State Aid Department,
tel. (+32)(0)2 286 18 56.

14 December 2005




Other EEA Institutions


imgbanner3
This website is built with Eplica CMS