This comes in response to Elan receiving illegal state aid in 2008, when the company got 10 million euros. In order to return the money, the company must either be privatized or liquidated, the commission said.
The commission said that Slovenia had been given more than enough time to make arrangements, as the commission waited 2 years instead of the typical 4 months. Elan was founded in 1945 and produces skis, snowboards and even yachts.
M. M., RSi