commiss decis juli aid grant santana motor sa spanish text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof parti concern opportun submit comment accord abovement articl open procedur provid articl treati januari commiss decid initi procedur provid articl treati respect aid grant spanish author santana motor sa santana previous own japanes compani suzuki motor suzuki aid cover procedur consist loan pta million grant instituto de crédito ofici ico loan pta million grant instituto de fomento de andalucía ifa public institut own autonom commun andalusia loan interest reimburs assign fix percentag profit loan decid pta million paid commiss author redund payment made region author encourag worker earli retir amount unknown aid paid santana supplier amount unknown notic commiss state aid measur assess light commun framework state aid motor vehicl industri commun guidelin state aid rescu restructur firm difficulti accord guidelin commiss take region develop account assess restructur aid assist area criteria assess restructur aid appli case medium long term region prop artifici compani structur reason ultim doom failur ii observ interest parti comment receiv parti pursuant articl procedur spanish author transmit observ connect open procedur letter march request allow month extens deadlin problem aid partner compani rais letter receiv spain februari made time compani restructur plan amend plan drawn april commiss offici visit plant april held number meet parti rais question viabil plan essenti letter date septemb answer letter receiv juli decemb latest data enabl commiss offici quantifi cost restructur level aid receiv june juli repli commiss notif decis initi procedur spanish author claim compani compet commun manufactur lower end market sport util vehicl suv constitut specif market view suv market divid separ segment lower popular segment intermedi segment upper luxuri segment classif base price turn link engin power engin capac vehicl size reflect differ consum tast purchas power spanish author conclud aid grant compani constitut aid mean articl treati aid measur examin light articl treati spanish author view found compat common market basi commun guidelin state aid rescu restructur firm difficulti commiss commun method applic articl region aid adduc support claim compani expect return viabil anticip restructur plan date back april plan drawn march account compani situat suspens payment procedur purchas ifa share previous held compani suzuki spain state aid compani link santana grant order prevent compani sme work santana bankrupt result suspens payment aid grant link santana situat constitut region invest aid aid firm question deem fall scope commun framework state aid motor vehicl industri fulfil criteria notif invest cost exce ecu million list recipi firm transmit aid firm grant region aid accord condit laid ongo programm previous approv commiss law decemb royal decre decemb form loan guarante interest subsidi guarante loan direct loan moratorium agreement postpon payment social secur contribut relationship whatsoev aid grant particip firm vote santana creditor meet septemb wrote compani debt enabl suspens payment lift iii analysi restructur plan santana motor sa santana spanish compani main manufactur plant locat linar jaen provinc autonom commun andalusia produc suzuki suv model turnov year normal oper restructur stood pta million approxim ecu million decemb emploi worker main linar plant addit linar factori compani plant la carolina jaen distribut centr train centr locat work manzanar autonom commun castil la mancha produc engin part linar plant motorcycl engin head offic madrid santana belong japanes firm suzuki motor corpor suzuki decemb suzuki sold share amount compani capit ifa sale manzanar work suzuki manufactur sa plan suspend expect conclud end period social unrest financi difficulti compani initi statutori procedur suspens payment februari run debt amount pta million asset stood pta million decemb reach agreement creditor author court decemb restructur plan final april base compani situat suspens payment procedur refer year cover period expect firm break return profit onward financi restructur septemb santana creditor sign agreement consent write compani debt debt write amount pta million claim held foreign supplier suzuki claim held domest supplier remain claim held reschedul reimburs period half year interest time order enabl compani stai busi spanish author agre grant santana equiti loan total pta million advantag term loan amount pta million disburs ident term ico ifa interest free reimburs form fix percentag compani pretax profit suzuki contribut pta million debt write decemb suspens payment lift decemb year japanes owner suzuki japan sold interest compani ifa token amount date suzuki santana sign commerci technolog agreement lai condit santana continu produc suzuki wheel drive vehicl region govern andalusia recent undertook convert capit loan grant ifa pta million compani accumul loss brought level current capit pta million capit pta million restructur workforc addit financi restructur plan major restructur workforc involv larg number lai off worker complet reorgan remain payrol view boost product improv qualiti greater flexibl achiev product process classif worker profession group full function mobil flexibl introduc length work dai limit total annual work time compani adopt system qualiti control method keep track work time lai off place set arrang preretir plan concern employe initi suspens payment earli retir scheme involv departur worker voluntari redund scheme concern worker voluntari redund scheme worker left compani paid lump sum amount agre compani worker scheme cost total pta million compani disburs pta million autonom commun contribut pta million earli retir scheme involv creation pension fund insur compani pai pension member scheme worker made insur compani redund payment receiv santana statutori compens laid worker statut total pta million employ depart region govern andalusia contribut pta million order make amount incom accru worker accept scheme negoti agre compani worker trade union appli court review base wage increas won case court order santana pai sum pta million provid autonom commun disburs pta million bring total public contribut pta million total cost scheme pta million preretir plan aeja scheme compani author put effect ministeri order employ case enabl worker qualifi benefit offer type retir gener aeja aid equival earli retir scheme accord applic legisl state financ author cost compani pai differ negoti worker extra allow top final payment receiv worker cost plan initi pta million pta million born state pta million compani compani ask region govern andalusia pai extra allow agre worker request grant suspens compani payment announc santana unabl fulfil oblig effect implement plan suspend worker continu receiv wage pend final solut circumst compani disburs pta million autonom commun pta million time consider revis plan involv transfer oblig insur compani premium requir insur compani cover amount autonom commun agre pai previou decis standard cost extra allow undoubtedli econom solut cost type insur risen lowest offer pta million total cost plan stand pta million region govern andalusia agre pai pta million insur definit plan opt bring total public contribut pta million industri restructur plan base technolog agreement conclud suzuki lai term santana allow continu produc suzuki model agreement appli decemb main provis santana grant exclus produc assembl spain minimum unit sell distribut spain rest commun suzuki suv model sj sj se santana increas proport european compon manufactur major item diesel engin suppli peugeot santana pai suzuki royalti form percentag sale minu import compon substanti chang made compani suzuki approv restructur plan cover period expect firm break return profit averag annual product estim unit provision account show result line plan forecast shortfal due delai sell manzanar plant lower volum sale loss greater ow fact compani receiv social aid promis state lower product appar account larg volum stock built suspens payment announc financi statement sale return quarter larg line plan main assumpt success plan depend workforc product firm hope rais doubl level greater flexibl labour flexibl work dai absente larger proport european compon entail steep cut cost materi final product qualiti strict qualiti control programm stage product process indic reach target laid plan slight discrep observ explain lower expect output technolog agreement santana explor geograph market commun gener sale opportun account plan compani time conclud agreement assembl oper manufactur wheel drive vehicl total cost restructur total cost restructur stand pta million includ debt write down pta million social cost pta million invest requir order boost proport european compon pta million final cost social restructur packag final detail scheme worker laid suspens payment settl insur polici iv market suv segment constitut intern market purpos decis account market passeng vehicl european econom area year normal oper restructur share total sale segment suzuki model year suzuki market leader time motor manufactur industri eea suffer structur excess product capac appli suv segment increas product capac consider late expect steep rise demand commiss calcul capac util eea stood suv market segment expect expand europ estim growth sale year sale expect stagnat fall period cover restructur plan sale forecast rise capac util expect improv consider time remain level capac affect period manufactur recent enter market segment amc chrysler commiss share spanish govern view santana vehicl belong separ subseg form small engin suv compani restructur plan commiss convinc decis initi procedur suv form singl market segment substitut suppli demand high segment market justifi santana focus product power vehicl valv petrol engin diesel engin direct competit suv produc manufactur eea state aid financi restructur equiti loan assess capit inject state compani constitut state aid mean articl commiss appli privat investor principl compar behaviour state privat investor oper normal market condit specif deem inject state aid public author hold involv take continu part viabl oper ail firm format legal entiti ii amount hold exce real compani state earlier loan grant ifa convert capit capit inject equiti loan deem constitut state aid state acquir ownership compani privat investor token amount part rescu oper intend prevent bankrupt legal entiti form oper fulfil criterion mention capit inject order provid compani resourc enabl stai busi declar bankrupt wound loan grant ico concern point account ifa loan provis loan tantamount own compani resourc quasi capit deem suffici compani cover loss reduc capit doubl loan interest free reimburs form fix percentag profit term loan imposs determin deadlin reimburs light consider full amount ico loan assign statu ifa loan deem constitut state aid total aid pta million social aid redund worker gt tabl gt voluntari redund scheme autonom commun contribut pta million gener scheme normal cost compani bear reduc workforc state contribut constitut state aid mean articl earli retir scheme autonom commun contribut pta million amount deem constitut state aid scheme gener law law april aeja aid equival earli retir scheme design voluntari scheme state contribut made discretionari basi pre retir aeja scheme contribut made autonom commun amount pta million gener law aeja contribut amount normal cost correspond pta million amount regard constitut state aid mean articl payment extra allow made law allow state case region govern award select grant regard gener measur rank state aid public contribut pta million constitut state aid social aid deem state aid mean articl paid gener scheme exact amount benefit negoti worker compani agre compani request public financi contribut aid partner compani compani link santana relationship whatsoev aid grant particip compani vote santana creditor meet septemb wrote compani debt enabl suspens payment lift aid grant author scheme commiss investig matter sum total state contribut restructur santana amount gt tabl gt public contribut pta million grant santana nation author autonom commun constitut state aid purpos articl ec treati articl eea agreement vi compat aid articl treati establish principl allow aid distort threaten distort competit favour undertak product good affect trade member state incompat common market articl state circumst aid allow articl specifi type aid compat common market natur locat purpos aid case head applic articl list aid compat common market compat determin context commun singl member state order safeguard proper function common market take account principl establish articl treati except principl articl set articl constru narrowli aid scheme individu aid award scrutin commiss adopt motor vehicl industri commun framework lai criteria evalu compat aid sector common market limit scope discret allow articl framework lai principl rescu restructur aid approv except circumst aid link satisfactori restructur plan grant demonstr commun interest serv keep manufactur busi reestablish viabil ensur aid beneficiari increas market share expens unaid competitor case compani excess capac commerci vehicl sector commiss requir reduct capac order contribut recoveri sector commun guidelin state aid rescu restructur compani difficulti lai gener principl irrespect form restructur aid author commun interest link viabl restructur recoveri programm submit relev detail commiss restructur plan satisfi condit restor viabil restructur plan restor long term viabil health firm reason time scale basi realist assumpt futur oper condit aid restructur grant avoid undu distort competit aid structur excess product capac plan contribut restructur industri irrevers reduc close capac aid proport restructur cost benefit amount intens aid limit strict minimum need enabl restructur undertaken aid write debt result past loss tax credit attach loss extinguish full implement restructur plan observ condit compani fulli implement restructur plan submit accept commiss discharg oblig laid commiss decis monitor annual report implement progress success restructur plan monitor requir submiss detail annual report commiss examin santana restructur plan implement march commiss reach conclus abovement gener sector requir met restor viabil plan expect firm viabl break return profit onward result quarter line plan result fall short expect sale slightli lower forecast result high level stock built fact econom upturn slower anticip social cost higher estim plan ow delai sell manzanar plant suzuki uncertainti surround grant invest aid disagr price asset loss greater expect ow fact compani receiv social aid promis region govern andalusia expert consult commiss convinc compani achiev object financi target laid plan special refer success incorpor european compon market respons diesel vitara model conclud assumpt plan base valid plan forecast regard compani viabil realist avoid undu distort competit spanish author state santana dismantl paint shop idl constitut potenti capac util futur major invest capac facil vehicl year remain product capac vehicl year mean compani reduc total capac santana make substanti contribut restructur motor manufactur industri europ gener suv segment note santana base restructur plan averag product unit mean share relev market suv gradual reduc expect advers effect restructur plan santana competitor eea limit ifa loan convert capit loss offset compani undertak obtain tax concess basi loss appli assist receiv social aid contribut reduc loss aid proport restructur assess compat aid santana commiss account fact compani locat area accord articl region aid grant intens net provinc jaen unemploy rate autonom commun andalusia spain net capita incom provinc stand autonom commun spain area plant locat regard poorest commun suffer underdevelop closur largest firm area consider advers repercuss local economi partli due knock effect supplier area due regard social situat region outlin fact cost aid plan link restructur workforc small size compani mean reduc capac jeopard viabil aid intens albeit slightli higher reduct capac deem volkswagen saxoni merced ludwigsfeld case involv plant locat area cover articl excess assist likewis allow commiss opinion volum aid pta million intens total restructur cost strictli restructur exercis similarli commiss verifi measur restructur base implement aid grant object pursu restructur oper commiss opinion propos volum financ restructur amount structur logic repres realist effort view establish santana viabil competit automobil industri vii conclus condit sum commiss consid aid grant spanish author santana satisfi criteria laid commun guidelin state aid rescu restructur firm difficulti commun framework state aid motor vehicl industri accord guidelin state aid rescu restructur firm difficulti usual practic case restructur aid motor vehicl industri commiss ensur conclus remain valid restructur plan fulli implement end make final favour decis subject fulfil number condit design prevent aid advers effect industri trade distort effect aid depend part futur restructur carri accord plan propos time limit spanish author ensur compani close idl paint shop septemb addit restructur plan appli full monitor lastli state aid grant santana support plan similarli note accord commun guidelin state aid rescu restructur firm difficulti restructur aid grant adopt decis articl aid santana restructur plan set compat articl ec treati articl eea agreement loan pta million grant spanish instituto de crédito ofici ico paid illeg loan pta million grant instituto de fomento de andalucía ifa public bodi own region govern andalusia pta million paid illeg loan convert capit social aid redund worker total pta million pta million paid illeg preretir plan involv worker pta million earli retir scheme involv worker pta million pta million paid illeg voluntari redund scheme involv worker pta million paid illeg provid condit fulfil idl paint shop dismantl septemb notifi commiss increas capac limit vehicl year januari tax concess respect loss offset aid social aid capit increas addit aid form capit inject discretionari aid grant support restructur spanish govern send commiss annual report implement restructur plan evolut cost receipt aid compani fulfil condit laid report santana annual report account forward end report year articl spain inform commiss month notif decis measur compli articl decis address kingdom spain brussel juli commiss han van den broek member commiss oj oj oj oj project dri mcgraw hill octob public author hold compani capit bull ec oj