commiss decis juli alleg state aid american group reebok connect establish rotterdam netherland notifi document number dutch text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof call interest parti submit comment pursuant provis cite regard comment procedur letter date juli commiss receiv complaint american group reebok induc establish plant port rotterdam illeg state aid pursuant complaint commiss request inform dutch author septemb letter date octob januari dutch author request time repli final provid request inform letter date februari letter date june commiss inform netherland decis initi procedur laid articl ec treati respect aid letter date septemb dutch author submit comment inform commiss decis initi procedur publish offici journal european commun august commiss call interest parti submit comment receiv comment interest parti septemb order give dutch author opportun react forward netherland repli month request dutch author submit inform alleg aid letter date juli juli decemb decemb februari april june juli meet dutch author place juli octob ii detail descript alleg aid measur american group reebok quot reebok quot lead worldwid produc sport footwear oper approxim countri net sale approxim usd billion eur billion reebok product manufactur asia ship europ period reebok review distribut network europ time wareh facil idea restructur logist quot bulk quot facil distribut centr europ situat benelux area quot pick pack centr quot locat distribut centr reebok receiv offer compani final decid ha site quot distripark maasvlakt quot port rotterdam dutch author reebok decis base strateg consider reduct transport time cost complain alleg reebok receiv illeg state aid incent establish distribut centr port rotterdam assist area complain aid consist measur preferenti rental condit site distripark maasvlakt price nlg year preferenti condit access seri infrastructur facil park subsidis labour cost custom advantag facilit instal function reebok activ rotterdam district custom author dutch author explain develop oper relev port site rotterdam port author gemeentelijk havenbedrijf rotterdam quot ghr quot public undertak oper accord quot privat investor principl quot requir invest return capit averag depreci period year state reebok rent nlg eur plot ha normal market price light profit distripark maasvlakt project rent fulli compar rent compet site european port respect condit access infrastructur dutch govern consid lai basic facil includ total invest park pass rent user financ connect public servic present electr ga water telecommun alleg subsidis labour cost dutch govern explain fund measur law reduct incom tax nation insur contribut youth employ guarante law nation framework arrang train person seek employ view gener measur aid mean articl ec treati underlin reebok receiv financi custom advantag dutch govern state ghr grant ad hoc basi amount nlg million eur million incent paid instal depend number addit job creat quot cash incent quot ground initi procedur commiss conclus subsidi labour cost alleg custom advantag prima faci constitut state aid mean articl ec treati commiss rule cash incent rental term includ access infrastructur facil grant ghr reebok constitut aid mean articl ec treati initi procedur respect measur cash incent nlg million eur million constitut aid grant state resourc public ghr favour specif group reebok grant ad hoc basi sole aim attract reebok establish plant distripark maasvlakt view support fact dutch author call quot incent paid instal depend rate invest number addit job creat quot justif commerci reason privat investor final strengthen reebok financi posit cash incent threaten distort competit affect trade singl market footwear eea rent nlg eur reebok pai ha plot assess approxim lower averag expect rent commiss state principl privat public undertak charg price differ discriminatori justifi commerci ground take competit measur attract custom whilst cover cost gener reason return invest capit commiss found privat investor favour condit discount reflect save form economi scale involv issu price discrimin line privat investor principl context account total distripark maasvlakt time commiss found question higher expect futur rent achiev calcul ghr suffer loss invest capit remain plot reebok rent nlg eur achiev lack detail inform commiss examin reebok rent fulli compar rental price european port dutch govern claim commiss stage exclud possibl preferenti rental term includ access infrastructur facil constitut aid articl ec treati rental term grant ghr public undertak appear favour reebok comparison sport footwear produc european union threaten distort competit affect trade eu sport footwear market market industri park commiss ask dutch govern provid inform respect econom legal statu ghr precis criteria govern grant cash incent rental contract tenant evid rental term equival piec land european port iii comment netherland dutch author submit inform econom legal statu ghr inform ghr form part statutori bodi municip corpor rotterdam separ corpor person confirm ghr public undertak mean articl treati ghr creat develop manag oper dock industri dock land includ distripark maasvlakt financi viewpoint separ entiti rest municip rotterdam find formal express fact annual balanc sheet profit loss account drawn ghr recoup invest expenditur personnel good servic oper port facil dutch author state perform task ghr act accord market investor principl cash incent dutch author declar submiss septemb ghr want reebok share save made result size rent plot state quot payment incent reebok depend progress job creation previous agre level reach part incent paid reebok announc reach level full amount payabl quot subsequ submiss dutch govern explain ghr stop payment outstand incent amount initi proceed commiss ghr paid nlg million eur million discuss commiss question justif cash incent dutch author announc withdraw cash incent recoveri amount paid interest letter june dutch govern commiss proof recoveri nlg million present nlg million form copi account statement ghr decis waiv cash incent undertak payment made relat cash incent rental condit dutch author explain rental charg distripark maasvlakt port rotterdam high compar similar site european port submit compar studi carri consult respect dutch author explain rental charg nlg agre reebok rang rate custom categori quot european distribut centr quot bound seaport move inland rent gener cheaper evid rental charg site inland request dutch author decemb submit studi carri independ consult current averag rental charg compar site inland dutch author submit copi offer reebok receiv search locat dutch author explain level rent charg ghr depend criteria time agreement size plot attract custom ghr instanc respect flow good result yield ghr view dutch author object justifi criteria impli discriminatori treatment reebok rent entail loss ghr invest distripark maasvlakt line market investor principl evid dutch author submit detail calcul individu cost incom compon includ discount method submit spreadsheet ghr raw data expenditur incom save order commiss make assess submit rental contract current tenant show rent agre vari inform submit ha total area ha distripark maasvlakt rent negoti candid dutch author submit detail calcul cost save achiev due larger size plot reebok rent due time larger size reebok occupi origin plan interconnect road area occupi tenant built cost drainag fire network connect tenant build entranc save request commiss dutch author submit calcul save carri construct compani confirm iv comment interest parti public commiss decis initi proceed unit kingdom govern submit comment summaris govern welcom commiss investig grant aid reebok import implic british footwear industri aid larg compani neg impact sport footwear compani enjoi subsidi footwear sport footwear price sensit aid size player extrem distort effect competit sector sport footwear compani situat unit kingdom suffer advers effect aid grant reebok consid aid reebok recov distort effect competit european footwear industri implic unit kingdom reaction netherland comment interest parti dutch author deni agreement port author reebok constitut state aid arrang affect posit compani unit kingdom refer compani focu predominantli american market small extent british market produc sport shoe sport gear distribut centr arrang agre compani settl rotterdam rotterdam distribut centr result financi loss reebok arrang port author reebok concern limit amount calcul pair sport shoe expect substanti effect compani unit kingdom refer vi assess aid measur due withdraw recoveri paid amount cash incent recit proceed articl ec treati close respect rental term contest grant ghr form part municip rotterdam public investor legal statu investor answer question rental condit reebok element state aid mean articl treati kei factor conduct public investor compar conduct privat investor market investor principl court held tubacex privat investor activ busi ghr oper invest prepar creation land privat custom port drain land cover water provid infrastructur road pipelin network carri port oper compani belong state municip municip directli privat investor activ prepar ground infrastructur busi inland lack possibl compar ghr conduct conduct privat investor commiss step identifi level rent similar site european port inland order compar quot market rent quot rent reebok pai distripark maasvlakt commiss analys reebok rent bring net profit ghr regard market rent thirdli commiss establish low rent reebok pai object justifi instanc cost save studi submit dutch author carri independ consult show rent price quot dry land quot northern european port consider lower rotterdam studi submit earlier includ port le havr dunkirk zeebrugg antwerp hamburg bremerhaven moerdijk vlissingen amsterdam rotterdam show averag rent rang nlg nlg highest averag rent rotterdam studi focus issu recit overview maximum rent largest port rotterdam antwerp hamburg bremen bremerhaven dunkirk le havr vari roughli nlg rotterdam studi show highest maximum rent due fact dutch author state reebok depend harbour site establish distribut centr inland land gener cheaper studi submit studi compar rent quot inland quot harbour site northern franc pa de calai belgium netherland account theoret altern reebok regard requir low transport cost averag annual rent inland site studi vari nlg nlg gener peak significantli cheaper harbour site data show reebok rent rotterdam line top rang rent charg quot market quot plot northern european port inland site decis opt site high rent reebok base decis land cost gener strateg criteria impact locat transport support fact reebok offer land complet free charg year locat port inland fulli compar reebok view site port inland offer manag municip public compani privat investor reason commiss requir addit criterion fulfil accept quot market rent quot reebok rent result net profit ghr commiss step assess ghr invest reebok project profit lack privat investor type busi market rate return invest comparison minimum requir deduct project cost present januari incom present januari result posit net present ghr dutch author submit ghr calcul incom cost compon year calcul present rental incom reebok januari present reebok share total cost minu cost save gener reebok million result posit net present final commiss address issu price differenti fact tenant distripark maasvlakt pai higher rent context question aros ghr grant favour treatment reebok privat public undertak principl charg differenti price provid price polici gener loss invest capit discrimin custom criterion analys fulfil recit criterion met price reduct correspond save achiev cost instanc save caus larger volum bought economi scale weigh averag annual rent agre distripark maasvlakt proven submit contract result discount reebok approxim present total amount discount year januari commiss calcul present cost save achiev due larger plot reebok rent recit rent discount reebok justifi cost save vii conclus commiss find rental condit line market investor principl constitut state aid aid element mean articl ec treati articl eea agreement adopt decis articl formal investig procedur close regard amount nlg million eur million grant incent netherland provid convinc evid incent withdrawn amount disburs inclus interest date repay calcul basi refer rate repaid articl rent reebok pai plot distripark maasvlakt port rotterdam contract sign reebok gemeentelijk havenbedrijf rotterdam june constitut aid aid element mean articl ec treati articl eea agreement articl decis address kingdom netherland brussel juli commiss mario monti member commiss oj oj commiss accept reason dutch govern reebok alleg preferenti rental condit alleg preferenti condit access infrastructur facil park measur cost basic infrastructur includ total invest park pass rent confidenti inform confidenti inform origin figur ha slightli adjust dutch author due addit terrain origin plan part interconnect road distripark confidenti inform confidenti inform map show standard size plot ha vari depend locat rectangular triangular cluster connect road unit kingdom govern origin complain mention previous ecr confidenti inform reebok share total cost calcul basi proport squar metr reebok occupi distripark maasvlakt ha confidenti inform confidenti inform appear dutch author calcul present valu cost incom discount rate vari commiss discount figur refer rate applic netherland begin arriv similar result posit net present payment rent gener start year sign contract reebok case argu refer rate commiss take view calcul present valu incom cost contract time decis profit refer rate higher lower refer rate ecr weigh total size price confidenti inform confidenti inform confidenti inform confidenti inform calcul present valu refer rate appli