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CargoNet can have Norwegian aid, EFTA watchdog says

( July 9, 2025, 14:22 GMT | Official Statement) -- MLex Summary: Norway's rail freight incumbent CargoNet has been cleared to receive a government grant of up to 475 million kroner (around $47 million), the EFTA Surveillance Authority said today. The regulator found the support to be in line with state aid rules. The measure is intended to relieve CargoNet of most of its future costs tied to its duty to adjust pension rights earned by employees under an old pension system. CargoNet is a fully owned unit of the Vy Group, a state-owned transport company.Statement follows. ...

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