EU opens in-depth state aid probe into 2017 capital injection for Post Danmark

BRUSSELS, June 30 (Reuters) - The European Commission on Tuesday said it opened an in-depth investigation into a €134 million ($152.69 million) capital injection into Post Danmark from its parent company PostNord Group AB, which belongs to the Danish and Swedish states.

A prior investigation by the Commission in 2018 had concluded that the capital injection, done in 2017, did not constitute state aid, but the European Court of Justice partly annulled the decision in 2021 and ordered the opening of a formal investigation procedure, the Commission said.

The Court's decision was confirmed in 2022.

($1 = 0.8776 euros)

(Reporting by Inti Landauro;Editing by Sudip Kar-Gupta)