State aid N 522/2009 Austria Prolongation of State aid N 75/2007 Guarantee scheme for the restructuring of SMEs in Austria
|
|
- Chester Hensley
- 6 years ago
- Views:
Transcription
1 EUROPEAN COMMISSION Brussels, C(2009) 8419 PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 522/2009 Austria Prolongation of State aid N 75/2007 Guarantee scheme for the restructuring of SMEs in Austria Sir, I. PROCEDURE 1. On 15 September 2009 Austria notified the prolongation of the "Richtlinien für die TOP-Tourismus-Förderung , Teil D TOP-Restrukturierung ". II. DESCRIPTION 1. Objective 2. The objective of the aid scheme is the restructuring of SMEs in difficulty. 3. The notified scheme to provide guarantees for the financial restructuring of SMEs active in the tourism sector is intended to complement the approved aid scheme "Teil D der Richtlinien des Bundesministers für Wirtschaft und Arbeit für die TOP-Tourismus-Förderung " Beneficiaries 1 Decision of the Commission of 22 May 2007 in Case N 72/2007, as prolonged by Decision N 521/2009 (yet to be adopted). Dr. Michael Spindelegger Bundesminister für europäische und internationale Angelegenheiten Ballhausplatz 2 A Wien Commission européenne, B-1049 Bruxelles Belgique Europese Commissie, B-1049 Brussel België Telefon: (0)
2 4. The scheme is for small and medium-sized enterprises (SMEs) which qualify as such under the Community definition of SME 2 and which are located in Austria. Newly created companies are not eligible for aid under the scheme in the first three years from the start of their activity. 5. Aid under the scheme can only be granted to SMEs in difficulty. A firm is regarded as being in difficulty if it fulfils at least one of the following criteria: in the case of a limited liability company more than half of its registered capital has disappeared and more than one quarter of that capital has been lost over the preceding 12 months; in the case of a company where at least some members have unlimited liability for the debt of the company more than half of its capital as shown in the company accounts has disappeared and more than one quarter of that capital has been lost over the preceding 12 months; whatever the type of company concerned, where it fulfils the criteria under domestic law for being the subject of collective insolvency proceedings. 3. Conditions for granting the aid 6. Aid may only be granted if the reasons for the difficulties of the company can be determined and the possibility of the restoration of its long-term viability is realistically foreseeable. 7. The granting of the aid is conditional on a realistic restructuring plan, which shows that the continuity of the company is sustainable and which describes the circumstances that led to the company's difficulties. The restructuring plan has to include, in addition to financial restructuring (e.g. capital increase, reduction of debts), the future organisational structure and the strategic positioning of the company. 8. The aid is conditional on full implementation of the restructuring plan, otherwise the granting of the aid may be stopped and the amounts granted fully or partially recovered. 9. Measures aimed exclusively at consolidating past losses are not eligible. The beneficiary companies must not increase their capacity during the restructuring. 10. Medium-sized enterprises are required take compensatory measures in order to ensure that the adverse effects on competition are minimised. The compensatory measures have to be proportionate to the distortive effects of the aid and to the size and the relative importance of the firm on its market. 11. The beneficiaries are expected to make the highest possible contribution to the restructuring of the company, e.g. selling assets which are not essential to the firm's survival. Credit institutions and the creditors of the company may also contribute to the restructuring on market conditions. The total amount of these private contributions must cover at least 25% of the restructuring costs for small enterprises and at least 40% for medium-sized enterprises. 2 Commission recommendation of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises (2003/361/EC), OJ L 124 of , p. 36 2
3 12. The amount and intensity of the aid has to be limited to the strict minimum of the restructuring costs in the light of the existing financial resources of the company, its shareholders and the creditors concerned. 4. Form and amount of the aid, 'one time, last time' 13. The aid is granted by the Bundesministerium für Wirtschaft und Arbeit through the Österreichische Hotel- und Tourismusbank Gesellschaft m. b. H. (ÖHT) in the form of guarantees. 14. None of the aid may be used to finance new investments which are not essential for restoring the firm's viability. The amount and the form of the aid must be such as to avoid providing the company with surplus cash which could be used for market-distorting activities. 15. Aid may be combined with restructuring aid from other sources or under other aid schemes, as long as the total aid does not exceed EUR 10 million. The planned funding for the aid scheme is EUR 3.3 million per year and EUR 6.6 million for the whole duration of the scheme. Aid granted exclusively under the scheme may not, however, exceed EUR 2 million in any one case. 16. A beneficiary may only receive aid once under the present scheme or any other rescue and restructuring scheme. 5. Annual reports 17. The Austrian authorities undertake to present annual reports on the operation of the scheme containing the information specified in the Commission's instructions on standardised reports 3. The annual reports will also include a list of all beneficiary companies indicating for each of them the data specified in point 86 of the Community Guidelines for rescuing and restructuring firms in difficulty 4 ( R&R Guidelines ). 18. For reasons of consistency, the present Decision assesses only the modifications made to the scheme N 75/2007 adopted on 21 January III. MODIFICATIONS TO AID SCHEME N 75/2007 NOTIFIED BY THE AUSTRIAN AUTHORITIES 19. The modifications to the notified scheme are as follows: a. a prolongation of the existing scheme until 9 October 2012; b. an increase in its funding to a total of EUR 12 million or EUR 4 million a year. 20. All other conditions of the existing scheme remain unchanged. 3 A and B (standardised reporting format for existing State aid) to Commission Regulation (EC) No 749/2004 of 21 April 2004 adopting provisions for the implementation of council Regulation (EC) No 659/1999 laying down detailed rules for the application of Article 93 of the EC Treaty (OJ L 140, , p. 1). 4 OJ C 244, , p. 2. 3
4 IV. ASSESSMENT 1. Legality 21. By notifying the modifications that they intend to make to an existing scheme, the Austrian authorities have fulfilled their obligations under Article 88(3) of the Treaty. 2. Aid element 22. The terms of the guarantee are more favourable than the terms these companies would be able to obtain on the open market. This gives an economic advantage to the beneficiaries. The aid granted in this manner strengthens the position of these beneficiaries compared with that of their competitors in Austria and other Member States and must therefore be regarded as distorting competition and affecting trade between Member States. The measures therefore constitute state aid within the meaning of Article 87(1) of the EC Treaty. 3. Compatibility with the common market 23. The Austrian authorities have renewed all the commitments set out in Decision N 75/2007 (see, in particular, point 8.1. of the Guidelines for Guarantees for the Tourism and Leisure-sector ). 24. As regards the extension of the scheme, the mere prolongation of the scheme does not alter the ground of the Commission Decision approving the N 75/2007 existing scheme. Moreover, the prolongation will not go beyond the validity of the 2004 R&R Guidelines. 25. Concerning the increase of the budget: According to point 83 of the 2004 R&R Guidelines, the maximum amount of aid granted for combined rescue and restructuring aid of any firm may not be more than EUR 10 million, including any aid obtained from other sources or under other schemes. The overall budget of the scheme for all potential beneficiaries will be EUR 12 million, i.e. EUR 4 million per year. Moreover the guidelines of the scheme Übernahme von Haftungen für die Tourismus- und Freizeitwirtschaft limit the maximum guarantee amount per company from EUR ,- to the amounts mentioned in the SME Regulation 5 and EU-State aid rules. Furthermore, for the points , 4.10 and 4.11 of the guidelines covered by the de minimis Regulation 6 the guarantee amount is limited to EUR 1,5 million over a period of three years. The aid amounts for points 4.7 and 4.9 are limited to EUR over three years in the sense of the de minimis Regulation 7. All these amounts are well below the upper limit of EUR 10 million per individual firm and thus in line with the 2004 R&R Guidelines. 26. Therefore, in view of the fact that all other elements of the scheme remain unchanged, the Commission considers that the notified modification does not alter substantially the grounds for the Commission decision approving the existing N 75/2007 scheme. 5 Commission Regulation (EC) No 70/2001 of 12 January 2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises, OJ L 10, , p Commission Regulation (EC) No 1998/2006 of 15 December 2006 on the application of Articles 87 and 88 of the Treaty to de minimis aid, L 379, , p.5. 7 The remaining point 4.8 concerns financial restructuring. 4
5 27. On this basis, the Commission considers that the modification of the scheme is compatible with the common market under the derogation in Article 87(3)(c) of the EC Treaty. V. DECISION 28. In view of the above, the Commission maintains its initial decision to consider this aid compatible with the common market pursuant to Article 87(3)(c) of the EC Treaty. If this letter contains confidential information which should not be disclosed to third parties, please inform the Commission within fifteen working days of the date of receipt. If the Commission does not receive a reasoned request by that deadline, you will be deemed to agree to the disclosure to third parties and to the publication of the full text of the letter in the authentic language on the Internet site: Your request should be sent by registered letter or fax to: European Commission Directorate-General for Competition State Aid Registry B-1049 Brussels Belgium Fax No: (32-2) We would ask you to state the case name and number in all correspondence. Yours faithfully, For the Commission Neelie Kroes Member of the Commission 5
EUROPEAN COMMISSION. State Aid SA Austria Restructuring aid scheme "TOP-Tourismus-Förderung, Teil D"
EUROPEAN COMMISSION Brussels, 22.07.2015 C(2015) 5002 final PUBLIC VERSION This document is made available for information purposes only. Subject: State Aid SA.41372 Austria Restructuring aid scheme "TOP-Tourismus-Förderung,
More informationState aid N 421/ United Kingdom Welsh Assembly Government Rescue and Restructuring Scheme for SMEs
EUROPEAN COMMISSION Brussels, 19.08.2009 C(2009)6547 Subject: State aid N 421/2009 - United Kingdom Welsh Assembly Government Rescue and Restructuring Scheme for SMEs Sir, I. PROCEDURE 1) On 14 July 2009,
More informationState aid N 47 a/2009 Austria Limited amounts of compatible aid under the Temporary Framework ("Österreichregelung Kleinbeihilfen")
EUROPEAN COMMISSION Brussels, C(2009) final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 47 a/2009 Austria Limited amounts of compatible
More informationEUROPEAN COMMISSION. (2) The initial aid scheme was first approved by the Commission in 2012 for the period ("the 2012 Decision") 1.
EUROPEAN COMMISSION Brussels, 25.10.2017 C(2017) 7276 final PUBLIC VERSION This document is made available for information purposes only. Subject: State aid SA.48390 Austria Prolongation of aid scheme
More informationState aid N 90/2008 Austria Partial Privatisation of Energie AG Oberösterreich by a Private Placement Operation
EUROPEAN COMMISSION Brussels, 17.VI.2008 C (2008) 2667 fin. In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationEUROPEAN COMMISSION. State aid No. N 303/2008 Creating value-added agricultural products Latvia
EUROPEAN COMMISSION Brussels, C(2009) PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid No. N 303/2008 Creating value-added agricultural
More informationState aid N 27/2009 Germany Guarantee scheme under the Temporary Framework ("Befristete Regelungen Bürgschaften")
EUROPEAN COMMISSION Brussels, 27.2.2009 C(2009) 1470 final Subject: State aid N 27/2009 Germany Guarantee scheme under the Temporary Framework ("Befristete Regelungen Bürgschaften") Sir, 1. PROCEDURE (1)
More informationSubject: N 117/2007, - Germany Decontamination of the site "Neue Maxhütte Stahlwerke GmbH" by "57 Profi-Start GmbH 2003"
EUROPEAN COMMISSION Brussels, 03.09.2007 C(2007) 4163 In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationEUROPEAN COMMISSION. State aid No. N 166/2007 Regional aid Corporate Income Tax Act (Article 184) Bulgaria
EUROPEAN COMMISSION Brussels, C(2008) PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid No. N 166/2007 Regional aid Corporate Income Tax
More informationState aid N 668/2008 Germany Federal Framework "Small amounts of compatible aid"
EUROPEAN COMMISSION Brussels, 30.12.2008 C(2008)9025 endgültig Subject: State aid N 668/2008 Germany Federal Framework "Small amounts of compatible aid" Sir, 1. PROCEDURE (1) By electronic notification
More informationEUROPEAN COMMISSION. State aid SA Romania Prolongation of scheme "Regional development by direct investment" (N 103/2008)
EUROPEAN COMMISSION Brussels, 17.12.2012 C(2012) 9780 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid SA. 35667 Romania Prolongation
More informationState aid SA (2011/N) United Kingdom Amendments to the Enterprise Investment Scheme (NN 42a/2007 and NN 42b/2007)
EUROPEAN COMMISSION Brussels, 20.09.2011 C(2011)6477 final Subject: State aid SA. 33376 (2011/N) United Kingdom Amendments to the Enterprise Investment Scheme (NN 42a/2007 and NN 42b/2007) Sir, 1. PROCEDURE
More informationState aid C7/2010 (ex NN5/2010) Scheme on the fiscal carry-forward of losses ("Sanierungsklausel")
EUROPEAN COMMISSION Brussels, 24.02.2010 C (2010) 970 final PUBLIC VERSION This document is made available for information purposes only. Subject: State aid C7/2010 (ex NN5/2010) Scheme on the fiscal carry-forward
More informationEUROPEAN COMMISSION. State aid / Netherlands SA (2016/N) Subsidy Regulation Nature and Landscape management (SVNL)
EUROPEAN COMMISSION Brussels, 1.9.2016 C(2016) 5506 final Subject: State aid / Netherlands SA.45811 (2016/N) Subsidy Regulation Nature and Landscape management (SVNL) Sir, The European Commission (hereinafter
More informationEUROPEAN COMMISSION. State aid SA (2015/N) Greece Prolongation of the Greek financial support measures (Art.
EUROPEAN COMMISSION Brussels, 29.06.2015 C(2015) 4452 final PUBLIC VERSION This document is made available for information purposes only. Subject: Sir, State aid SA.42215 (2015/N) Greece Prolongation of
More informationEUROPEAN COMMISSION. Brussels, 13.IX.2006 C(2006) 4009 final. State aid N 487/2006 Hungary Regional aid map Madam, 1.
EUROPEAN COMMISSION Brussels, 13.IX.2006 C(2006) 4009 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 487/2006 Hungary Regional
More informationEUROPEAN COMMISSION. State Aid SA (2013/N) Portuguese Guarantee Scheme on EIB lending
EUROPEAN COMMISSION Brussels, 27.6.2013 C(2013) 4142 final In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationState aid N 426/2009 Germany Federal Framework for low interest loans for the production of green products
EUROPEAN COMMISSION Brussels, 04.08.2009 C(2009) 6302 PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only Subject: State aid N 426/2009 Germany Federal Framework
More informationThe Commission wishes to inform Germany that it has decided not to raise objections against a capital injection for Hypo Real Estate as rescue aid.
EUROPEAN COMMISSION Brussels, 19.5.2010 C(2010) 3221 final Subject: State aid N 161/2010 - Germany Further recapitalisation of Hypo Real Estate Sir, The Commission wishes to inform Germany that it has
More information1. PROCEDURE EUROPEAN COMMISSION. Brussels, C(2009)9859
EUROPEAN COMMISSION Brussels, 03.12.2009 C(2009)9859 Subject: State aid N 547/2009 Romania Limited amounts of compatible aid under the Temporary Framework ("Schema cadru naţional temporar de acordare de
More informationEUROPEAN COMMISSION. State aid SA (2014/NN) Germany Alleged State aid to medical centre in Durmersheim
EUROPEAN COMMISSION Brussels, 29.04.2015 C(2015) 2800 final PUBLIC VERSION This document is made available for information purposes only. Subject: State aid SA.37904 (2014/NN) Germany Alleged State aid
More informationEUROPEAN COMMISSION. State aid SA (2015/N) Romania Notification of the rescue aid to Complexul Energetic Hunedoara
EUROPEAN COMMISSION Brussels, 21.04.2015 C(2015) 2652 final PUBLIC VERSION This document is made available for information purposes only. Subject: State aid SA.41318 (2015/N) Romania Notification of the
More informationSubject: State aid N 248/2009 Italy Limited amount of compatible aid under the Temporary Framework 1. PROCEDURE
EUROPEAN COMMISSION Brussels, 28.05.2009 C(2009)4277 Subject: State aid N 248/2009 Italy Limited amount of compatible aid under the Temporary Framework Sir, 1. PROCEDURE (1) By electronic notification
More information1. On 8 October 2008 Denmark notified a guarantee scheme for deposits and senior debt in banks in Denmark.
EUROPEAN COMMISSION Brussels, 10.X.2008 C(2008)6034 Subject: State Aid NN51 /2008 Denmark Guarantee scheme for banks in Denmark Sir, I. PROCEDURE 1. On 8 October 2008 Denmark notified a guarantee scheme
More informationAid No NN 67/2007 Stamp duty relief for farm consolidation
EUROPEAN COMMISSION Brussels, 3.10.2008 C(2008) 5711 Subject: Sir, State aid/ireland Aid No NN 67/2007 Stamp duty relief for farm consolidation The Commission wishes to inform Ireland that, having examined
More informationState aid C16/2009 (ex N254/2009) BayernLB, Germany, State aid N698/2009 Hypo Group Alpe Adria, Austria
EUROPEAN COMMISSION Brussels, 23.12.2009 C (2009) 10672 final In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No
More information1. PROCEDURE 2. DESCRIPTION EUROPEAN COMMISSION. Brussels, C(2008)9026 endgültig
EUROPEAN COMMISSION Brussels, 30.12.2008 C(2008)9026 endgültig Subject: State aid N 661/2008 Germany KfW-run Special Programme 2009 Sir, 1. PROCEDURE (1) By electronic notification of 19 December 2008,
More informationAid No SA (2014/N) Production and pro mille levy funds in agriculture
EUROPEAN COMMISSION Brussels, C (2014) Subject: Sir, State aid/ Denmark Aid No SA.38773 (2014/N) Production and pro mille levy funds in agriculture The European Commission (hereinafter the Commission)
More informationEUROPEAN COMMISSION. Brussels, C(2011) 6412 final
EUROPEAN COMMISSION. Brussels, 12.9.2011 C(2011) 6412 final Subject: State aid SA.30962 (MC 6/2010) - Belgium Monitoring of the implementation of the decision of 20 May 2010 on the aid to Ethias Prolongation
More informationSeiner Exzellenz Herrn Frank-Walter STEINMEIER Bundesminister des Auswärtigen Werderscher Markt 1 D Berlin EUROPEAN COMMISSION
EUROPEAN COMMISSION Brussels, 18.XII.2007 K(2007)6751 In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationState Aid N 328/ Greece Recapitalisation of credit institutions in Greece under the Financial Stability Fund (FSF)
EUROPEAN COMMISSION Brussels, 3.9.2010 C(2010) 6077 final Subject: State Aid N 328/2010 - Greece Recapitalisation of credit institutions in Greece under the Financial Stability Fund (FSF) Sir, I. PROCEDURE
More informationState aid case N 182/10 Italy National method to calculate the aid element in guarantees for SMEs
EUROPEAN COMMISSION Brussels, C(2010) PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid case N 182/10 Italy National method to calculate
More informationGuidelines on National Regional Aid for , OJ C 54, , p. 13
EUROPEAN COMMISSION Brussels, 24.X.2006 C(2006) 4961 final Subject: State aid N 374/2006 Ireland Regional aid map 2007-2013 Sir, 1. PROCEDURE (1) By e-mail dated 14 June 2006, registered at the Commission
More informationEUROPEAN COMMISSION. Guidelines on national regional aid for (OJ C 54, , p. 13).
EUROPEAN COMMISSION Brussels, 13.IX.2006 C(2006) 3981 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 447/2006 Latvia Regional
More informationEUROPEAN COMMISSION. Brussels, 31.VIII.2006 C(2006) State aid N 408/2006 Greece Regional aid map Sir, 1.
EUROPEAN COMMISSION Brussels, 31.VIII.2006 C(2006) 3867 PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 408/2006 Greece Regional aid
More informationEUROPEAN COMMISSION. Brussels, C(2013) 4775 final
EUROPEAN COMMISSION Brussels, 24.07.2013 C(2013) 4775 final In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More information1) I am pleased to inform you that the Commission has decided to approve the above aid scheme until 31 December 2013.
EUROPEAN COMMISSION Brussels, 04/04/2011 C (2011) 2377 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid 32144 (N 2011) Spain State
More informationEUROPEAN COMMISSION. State aid SA Spain Prolongation of a start-up aid scheme to airlines operating from the Canary Islands
EUROPEAN COMMISSION Brussels, 22.9.2017 C(2017) 6546 final PUBLIC VERSION This document is made available for information purposes only. Subject: State aid SA.48872 Spain Prolongation of a start-up aid
More informationCase N 519/2007 Poland - Scheme for firms employing persons held in detention
EUROPEAN COMMISSION Brussels, C(2008) PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: Case N 519/2007 Poland - Scheme for firms employing persons
More informationState aid No N 109/2010 Belgium Vlaamse Mediamaatschappij - Subsidie live ondertiteling "Het Nieuws" - Project iwatch
EUROPEAN COMMISSION Brussels, 17/11/2010 C(2010) 7679 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid No N 109/2010 Belgium Vlaamse
More informationEUROPEAN COMMISSION. State aid / Germany (Bavaria) SA (2017/N) Bavarian mountain farmers scheme (BBP) 2017
EUROPEAN COMMISSION Brussels, 18.9.2017 C(2017) 6381 final Subject: State aid / Germany (Bavaria) SA.47402 (2017/N) Bavarian mountain farmers scheme (BBP) 2017 Sir, The European Commission ("the Commission")
More informationEUROPEAN COMMISSION. State Aid SA (2017/N) Italy Additional liquidity support to Banca Popolare di Vicenza
EUROPEAN COMMISSION Brussels, 12.4.2017 C(2017) 2566 final In the published version of this decision, some information has been omitted, pursuant to articles 30 and 31 of Council Regulation (EU) 2015/1589
More informationEUROPEAN COMMISSION. Brussels, 13.IX.2006 C(2006) 3980 final. State aid N 434/2006 Slovenia Regional aid map Sir, 1.
EUROPEAN COMMISSION Brussels, 13.IX.2006 C(2006) 3980 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 434/2006 Slovenia Regional
More informationBrussels, 07.II.2007 C (2007) 298 fin.
EUROPEAN COMMISSION Brussels, 07.II.2007 C (2007) 298 fin. PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid No N 820/2006 Germany Tax exemptions
More informationState aid C13 (ex NN 17/2010) Potential aid measures in favour of Elan d.o.o. and Elan Marine d.o.o.
EUROPEAN COMMISSION Brussels, 12.05.2010 C (2010)2982 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid C13 (ex NN 17/2010) Potential
More informationEUROPEAN COMMISSION. SA (2014/NN ex 2011/CP) Germany - Städtische Projektgesellschaft "Wirtschaftsbüro Gaarden - Kiel"
EUROPEAN COMMISSION Brussels, 29.04.2015 C (2015) 2793 final PUBLIC VERSION This document is made available for information purposes only. Subject: SA.33149 (2014/NN ex 2011/CP) Germany - Städtische Projektgesellschaft
More informationState Aid / Germany (Sachsen-Anhalt) - Aid No SA (2014/N) - Compensation for losses caused by floods 2013 (losses in the agricultural sector)
EUROPEAN COMMISSION Brussels, C(2014) Subject: State Aid / Germany (Sachsen-Anhalt) - Aid No SA.38334 (2014/N) - Compensation for losses caused by floods 2013 (losses in the agricultural sector) Sir, The
More informationCOMP Operations EUROPEAN COMMISSION. Brussels, C(2011) 5461 final. SA (2011/N) Spain Recapitalisation of the CAM Group.
EUROPEAN COMMISSION Brussels, 24.7.2011 C(2011) 5461 final COMP Operations Subject: SA.33402 (2011/N) Spain Recapitalisation of the CAM Group Sir, 1 PROCEDURE (1) On 29 June 2010, Spain informed the Commission
More informationEUROPEAN COMMISSION. State aid SA (N/2014) Germany - Subordinated loans for SMEs Saxony
EUROPEAN COMMISSION Brussels, 25.11.2014 C(2014) 8771 final PUBLIC VERSION This document is made available for information purposes only. Subject: State aid SA.38674 (N/2014) Germany - Subordinated loans
More informationHaving regard to the Treaty on the Functioning of the European Union, and in particular Article 108(4) thereof,
24.12.2014 L 369/37 COMMISSION REGULATION (EU) No 1388/2014 of 16 December 2014 declaring certain categories of aid to undertakings active in the production, processing and marketing of fishery and aquaculture
More informationState Aid No. N131/2009 Finland Residential Real Estate Investment Trust (REIT) Scheme
EUROPEAN COMMISSION Brussels, 12.05.2010 C (2010) 2974 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State Aid No. N131/2009 Finland Residential
More informationEUROPEAN COMMISSION. State aid SA (2016/N) Croatia Resolution scheme for small credit institutions with total assets below EUR 1.
EUROPEAN COMMISSION Brussels, 5.10.2016 C(2016) 6417 final PUBLIC VERSION This document is made available for information purposes only. Subject: Sir, State aid SA.46066 (2016/N) Croatia Resolution scheme
More informationEUROPEAN COMMISSION. State aid No SA (2015/NN) Hungary Hungarian health contribution of tobacco industry businesses
EUROPEAN COMMISSION Brussels, 15.07.2015 C(2015) 4805 final PUBLIC VERSION This document is made available for information purposes only. Subject: State aid No SA.41187 (2015/NN) Hungary Hungarian health
More informationCase No COMP/M DEUTSCHE BANK / ACTAVIS. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 22/09/2010
EN Case No COMP/M.5949 - DEUTSCHE BANK / ACTAVIS Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 22/09/2010 In electronic
More information1. PROCEDURE EUROPEAN COMMISSION. Brussels, SUBJECT: STATE AID NO. SA (2014/N) PORTUGAL REGIONAL AID MAP
EUROPEAN COMMISSION Brussels, 11.06.2014 C(2014) 3576 PUBLIC VERSION This document is made available for information purposes only. SUBJECT: STATE AID NO. SA.38571 (2014/N) PORTUGAL REGIONAL AID MAP 2014-2020
More informationEUROPEAN COMMISSION. Brussels, C(2009) 3045 final
EUROPEAN COMMISSION Brussels, 29.04.2009 C(2009) 3045 final Subject: State aid NN 42/a/2007 and NN 42/b/2007 (ex N 300/2007) United Kingdom Enterprise Investment Scheme (EIS), Corporate Venturing Scheme
More informationState aid No N 244/ United Kingdom Credit Union Provision of Access to Basic Financial Services Scotland
EUROPEAN COMMISSION Brussels, 06.IV.2005 C(2005)977 fin Subject: State aid No N 244/2003 - United Kingdom Credit Union Provision of Access to Basic Financial Services Scotland Sir, I. Procedure 1) By letter
More informationState Aid N 232/2009 UK asset backed securities Scheme
EUROPEAN COMMISSION Brussels, 21.4.2009 C(2009) 3091 final Subject: State Aid N 232/2009 UK asset backed securities Scheme Sir, I. PROCEDURE 1. By letter of 17 April 2009, the government of the UK formally
More informationEUROPEAN COMMISSION. State aid/czech Republic SA (2017/N) Framework program for risk and crisis management in agriculture
EUROPEAN COMMISSION Brussels, 8.3.2018 C(2018) 1291 final Subject: State aid/czech Republic SA. 48678 (2017/N) Framework program for risk and crisis management in agriculture Sir, The European Commission
More informationEUROPEAN COMMISSION. Brussels, 13.IX.2006 C(2006) State aid N 531/06 Poland Regional aid map Sir, 1. PROCEDURE
EUROPEAN COMMISSION Brussels, 13.IX.2006 C(2006) 4010 PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 531/06 Poland Regional aid map
More informationEUROPEAN COMMISSION Background and objectives of the notified project
EUROPEAN COMMISSION Brussels, 27.9.2016 C(2016) 6326 final PUBLIC VERSION This document is made available for information purposes only. Subject: State Aid SA.44626 (2016/N) Denmark Pilot tender for aid
More information(Liechtenstein) HAVING REGARD TO the Agreement on the European Economic Area 1, in particular to Articles 61 to 63 thereof,
Case No: 48084 Event No: 324014 Dec. No: 177/05/COL EFTA Surveillance Authority Decision of 15 July 2005 to amend the Authority s decision of 15 December 2004 to propose appropriate measures to the Principality
More informationEUROPEAN COMMISSION. Subject: State aid N 276/2009 Aircraft-supplier scheme. Aeronautics-R&D scheme. Germany
EUROPEAN COMMISSION Brussels, 15.07.2009 K(2009)5733 In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationEUROPEAN COMMISSION. State aid N 209/2001 Ireland Guarantee for borrowings of the Housing Finance Agency
EUROPEAN COMMISSION Brussels, 03.07.2001 SG (2001) D/ 289528 Subject: State aid N 209/2001 Ireland Guarantee for borrowings of the Housing Finance Agency Sir, 1. Procedure By letter of 9.3.2001 your authorities
More informationEUROPEAN COMMISSION. The Commission has based its decision on the following considerations:
EUROPEAN COMMISSION Brussels, 1.2.2017 C(2017) 693 final Subject: State aid Germany SA.43902 (2016/N-2) Saxony Natural heritage: nature protection related public relation and education activities Sir,
More informationEUROPEAN COMMISSION. SA (2017/N) Saxony: Aid for the closing of milk production capacity
EUROPEAN COMMISSION Brussels, 3.3.2017 C(2017) 1397 final Subject: State aid Germany SA.47231 (2017/N) Saxony: Aid for the closing of milk production capacity Sir, The European Commission ("the Commission")
More informationEUROPEAN COMMISSION. State aid case no. SA (2016/N) Finland Amendment to the regional aid map for Finland ( ) for the period
EUROPEAN COMMISSION Brussels, 25.11.2016 C(2016) 7554 final PUBLIC VERSION This document is made available for information purposes only. Subject: State aid case no. SA.46345 (2016/N) Finland Amendment
More informationPromotion of dubbing and subtitling of films in Catalan
EUROPEAN COMMISSION Brussels, 24.03.2010 C(2010) 1247 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 33/2010 Spain Promotion of
More informationExplanatory Note. Draft guidelines on State aid for rescuing and restructuring non-financial undertakings in difficulty
Explanatory Note Draft guidelines on State aid for rescuing and restructuring non-financial undertakings in difficulty I. Background and context 1. State aid modernisation (SAM) Rescue and restructuring
More informationState Aid N 507 /2008 UK Financial Support Measures to the Banking Industry in the UK
EUROPEAN COMMISSION Brussels, 13.10.2008 C(2008)6058 Subject: State Aid N 507 /2008 UK Financial Support Measures to the Banking Industry in the UK Sir, I. PROCEDURE 1. On 12 October 2008 the UK notified
More informationSubject: State aid N 317/ Spain Extension of the recapitalisation measures in favour of the banking sector in Spain
EUROPEAN COMMISSION Brussels, 23.7.2010 C(2010) 5127 final Subject: State aid N 317/2010 - Spain Extension of the recapitalisation measures in favour of the banking sector in Spain Sir, 1. PROCEDURE (1)
More informationIn electronic form on the EUR-Lex website under document number 32018M8888
EUROPEAN COMMISSION DG Competition Case M.8888 - APOLLO MANAGEMENT / CYPRUS COOPERATIVE BANK / ALTAMIRA CYPRUS Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE
More informationEUROPEAN COMMISSION. The Commission has based its decision on the following considerations:
EUROPEAN COMMISSION Brussels, 15.6.2016 C(2016) 3576 final Subject: State aid Denmark SA.43628 (2015/N) Compensation for loss of income due to the occurrence of genetically modified material in conventional
More informationC. ENABLING REGULATION AND GENERAL BLOCK EXEMPTION REGULATION
C. ENABLING REGULATION AND GENERAL BLOCK EXEMPTION REGULATION 14. 5. 98 EN Official Journal of the European Communities L 142/1 I (Acts whose publication is obligatory) COUNCIL REGULATION (EC) No 994/98
More informationEUROPEAN COMMISSION. The Commission has based its decision on the following considerations:
EUROPEAN COMMISSION Brussels, 25.6.2018 C(2018) 4062 final Subject: State aid Poland SA.49548 (2017/N) Potato-growing ZAMARTE Sp. z o.o. Sir, The European Commission ("the Commission") wishes to inform
More informationState aid SA (2011/N) Greece Aid in favour of the gas supply companies in Anatoliki Makedonia Thraki, Kentriki Makedonia and Sterea Ellada
EUROPEAN COMMISSION Brussels, 28.06.2011 C(2011) final 4677 In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationOfficial Journal of the European Union. (Non-legislative acts) REGULATIONS
1.7.2014 L 193/1 II (Non-legislative acts) REGULATIONS COMMISSION REGULATION (EU) No 702/2014 of 25 June 2014 declaring certain categories of aid in the agricultural and forestry sectors and in rural areas
More informationEUROPEAN COMMISSION. Brussels, 20.XII.2006 C(2006) State aid N 431/2006 Sweden Regional aid map Sir, 1. PROCEDURE
EUROPEAN COMMISSION Brussels, 20.XII.2006 C(2006) 6719 PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 431/2006 Sweden Regional aid map
More informationEUROPEAN COMMISSION. Brussels, C(2011)
EUROPEAN COMMISSION Brussels, C(2011) Subject: State Aid / Germany (Sachsen-Anhalt) - Aid No SA.32976 (2011/N) - Application of Guidelines for a national framework on state subsidies for compensation of
More informationCOMMISSION OF THE EUROPEAN COMMUNITIES
COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, C (2007) 1959 final PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. COMMISSION DECISION of 10 May 2007 ON
More informationCase No COMP/M BANCO SANTANDER / RAINBOW. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 15/10/2010
EN Case No COMP/M.5948 - BANCO SANTANDER / RAINBOW Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 15/10/2010 In electronic
More informationState aid N 481/2008 Germany - Clusterfonds Innovation GmbH & Co. KG (Risikokapitalfonds)
EUROPEAN COMMISSION Brussels, 17.3.2009 K(2009) 2047 PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid N 481/2008 Germany - Clusterfonds
More informationCase M PEUGEOT / BNP PARIBAS / OPEL VAUXHALL FINCOS
EUROPEAN COMMISSION DG Competition Case M.8460 - PEUGEOT / BNP PARIBAS / OPEL VAUXHALL FINCOS Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b)
More information(2) Quality Label Baden-Württemberg Bio Label Baden-Württemberg Baden-Württemberg: EU quality regulations for agricultural products and foodstuffs
EUROPEAN COMMISSION Brussels, 1.6.2016 C(2016) 3191final Subject: State Aid / Germany Aid No SA.43584 (2016/N) Quality Label Baden-Württemberg Aid No SA.43585 (2016/N) Bio Label Baden-Württemberg Aid No
More informationEmbargo VISTA illimité(*)
EUROPEAN COMMISSION Brussels, C(2016) final Embargo VISTA illimité(*) Subject: State aid/germany Aid No SA.42452 (2015/N) Bavaria Financial compensation by the 'Compensation funds large predators' for
More informationEUROPEAN COMMISSION Employment, Social Affairs and Equal Opportunities DG DRAFT NOTE ON
EUROPEAN COMMISSION Employment, Social Affairs and Equal Opportunities DG ESF, Monitoring of Corresponding National Policies I, Coordination DRAFT NOTE ON THE EUROPEAN PROGRESS MICROFINANCE FACILITY AND
More informationEUROPEAN COMMISSION. Brussels, C(2014) 962 final. State aid SA (2014/NN) Spain Support measure for SGR
EUROPEAN COMMISSION Brussels, 13.02.2014 C(2014) 962 final In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationTransparency Interpretation of the notion of individual aid award
Transparency Interpretation of the notion of individual aid award Interpretation The transparency provisions were introduced into State aids law by the State Aid Modernization. They require that Member
More informationEUROPEAN COMMISSION. Brussels, Ε(2010)4501. State aid No C 16/2010 (ex NN 22/2010) Greece Aid to certain Greek casinos.
EUROPEAN COMMISSION Brussels, 06.07.2010 Ε(2010)4501 PUBLIC VERSION WORKING LANGUAGE This document is made available for information purposes only. Subject: State aid No C 16/2010 (ex NN 22/2010) Greece
More informationPART III: HORIZONTAL RULES
Page 1 PART III: HORIZONTAL RULES Aid for rescuing and restructuring firms in difficulty 1 1. Introduction (1) The EFTA Surveillance Authority (hereinafter: the Authority) adopted its original Guidelines
More informationEUROPEAN COMMISSION. COMMISSION DECISION of. ON STATE AID C 39/2009 (ex N 385/2009) Latvia Public financing of port infrastructure in Ventspils Port
EUROPEAN COMMISSION Brussels, 25/08/2011 C (2011) 6043 final In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationEFTA SURVEILLANCE AUTHORITY DECISION OF 15 JULY 2005 REGARDING A NOTIFICATION OF A NEW RISK CAPITAL SCHEME:
Case No: 56846 Event No: 318824 Dec. No: 181/05/COL EFTA SURVEILLANCE AUTHORITY DECISION OF 15 JULY 2005 REGARDING A NOTIFICATION OF A NEW RISK CAPITAL SCHEME: NATIONWIDE SEED CAPITAL INVESTMENT COMPANIES
More informationEUROPEAN COMMISSION. State aid n SA (2014/N) - United Kingdom Amendment of the funding and remit of the Green Investment Bank
EUROPEAN COMMISSION Brussels, 21.05.2014 C(2014) 3158 final PUBLIC VERSION This document is made available for information purposes only. Subject: State aid n SA.37554 (2014/N) - United Kingdom Amendment
More informationDraft Communication from the Commission. A new framework for the assessment of State aid which has limited effects on intra-community trade
Draft Communication from the Commission A new framework for the assessment of State aid which has limited effects on intra-community trade 1. Introduction 1. The objective of this Communication is to set
More informationEUROPEAN COMMISSION. State aid n SA (2013/N) Slovenia Restructuring of Nova Kreditna Banka Maribor d. d. (NKBM) Slovenia
EUROPEAN COMMISSION Brussels, 18.12.2013 C(2013) 9634 final In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationCase M PILLARSTONE / FAMAR. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 03/05/2017
EUROPEAN COMMISSION DG Competition Case M.8385 - PILLARSTONE / FAMAR Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date:
More informationPART III. SUPPLEMENTARY INFORMATION SHEETS. Part III.4 a Provisional Supplementary Information Sheet on regional investment aid schemes
PART III. SUPPLEMENTARY INFORMATION SHEETS Part III.4 a Provisional Supplementary Information Sheet on regional investment aid schemes Document version: May 2014 This supplementary information sheet is
More informationCase No COMP/M IBERDROLA / SCOTTISH POWER. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 26/03/2007
EN Case No COMP/M.4517 - IBERDROLA / SCOTTISH POWER Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 26/03/2007 In electronic
More informationDealing with the current financial crisis
SPEECH/08/498 Neelie Kroes European Commissioner for Competition Policy Dealing with the current financial crisis Economic and Monetary Affairs Committee, European Parliament Brussels, 6th October 2008
More informationIncentive Guidelines R&D Feasibility Studies
Incentive Guidelines R&D Feasibility Studies 2014-2020 Issue Date: 1 st November 2014 Version: 1 http://support.maltaenterprise.com Contents Incentive Guidelines 1 Contents 1 1. Introduction 2 1.1 Scope
More information