Eu Court’s binding ruling concerning an alleged state aid to Zenith Pure Oil
Zenith Pure Oil Plc. hereby informs the capital market participants that the second instance ruling of the Court of Justice of the European Union (Court) has been released today. According to today’s ruling the Commission’s appeal against the General Court’s judgment of 2013 was dismissed.
It means that the Commission could not have concluded in its decision of 2010 that Zenith Pure Oil had been granted illegal State aid.