Med hensyn til spørgsmålet, om der foreligger en fordel, og identifikationen af modtageren finder Kommissionen, at ingen investor havde købt hele HSY (dvs. inklusive de civile aktiviteter) uden garantien.
As regards the existence of an advantage and the identification of the beneficiary, the Commission considers that no investor would have purchased the entire HSY (i.e. including the civil activities) without the guarantee.