The European Commission opened an in-depth investigation on Friday 24 July to assess whether the capital injection into PostNord Strålfors by its parent company PostNord Strålfors Group, itself owned by the public undertaking PostNord AB, which is 40%-controlled by Denmark and 60%-controlled by Sweden, complies with the EU framework on State aid.
Between 2014 and 2019, PostNord Strålfors benefited from four capital injections with a total value of €15.9 million and from a free storage service provided by Post Danmark, another PostNord entity. According to the complainant behind the case, these capital injections are ultimately attributable to the Danish and Swedish states and no private company would have invested at a loss.
The EU institution doubts the legality of the capital injections, although the 2014 injection is nevertheless past the statute of limitations. And the storage services do not constitute State aid because they gave rise to remuneration, the Commission notes.
In February, the Commission had opened another in-depth investigation into Danish and Swedish capital injections into PostNord Logistics (see EUROPE 13808/24). (Original version in French by Mathieu Bion)