Global Trade Alert
Global Trade Alert

Estonia: Introduction of a capital injection measure to support Nordica Aviation Group S.A.

Announcement

11 Aug 2020

On 11 August 2020, the European Commission approved a recapitalization measure to help Nordica address its liquidity and equity needs.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Aug 2020

Revocation date:

No revocation date

Updated: 11 Aug 2020
Capital injection and equity stakes (including bailouts) In force
<p>On 11 August 2020, the European Commission approved a EUR 30 (USD 37.5) million&nbsp;capital injection&nbsp;measure&nbsp;from Estonia. The aid will support Nordica, an air transpo...
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