commiss decis octob state aid implement germani leuna refineri notifi document number german 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 august regist number sg commiss inform germani decid juli initi procedur laid articl ec treati respect aid grant leuna refineri saxoni anhalt commiss decis initi procedur publish offici journal european commun commiss invit interest parti submit comment aid commiss receiv set comment interest parti forward march germani opportun react respons receiv germani letter date april februari commiss decid send injunct requir germani provid inform commiss letter german author august februari march april june juli juli septemb septemb januari march march april june octob novemb commiss letter elf juli septemb septemb januari januari februari februari octob januari april commiss receiv correspond germani letter date septemb septemb novemb februari march april april august novemb decemb decemb januari januari march march march april april june june june juli septemb novemb februari juli correspond elf repres receiv letter date juli august novemb decemb decemb januari januari januari june june octob novemb decemb decemb januari april addit meet place commiss parti involv ii descript measur mitteldeutsch erdöl raffineri gmbh mider refineri leuna spergau capac million tonn crude oil year crude oil directli pipelin russia rostock danzig compani refineri emploi person main product petrol diesel heat oil kerosen methanol origin present state aid case back commiss decis june aid case nn octob aid decis relat packag aid paid treuhandanstalt east german privatis institut predecessor bundesanstalt für vereinigungsbedingt sonderaufgaben bv aid paid elf mider context privatis restructur zeitz leuna refineri petrol station network minol elf set mider wholli own subsidiari build leuna refineri privatis construct plant part effort restructur leuna chemic site decis june commiss decid inter alia rais object eur million dem million invest aid construct refineri novemb commiss approv eur million dem million aid addit invest amount eur million dem million aid measur grant basi region aid programm authoris commiss origin invest estim eur million dem million construct refineri gross aid intens total amount invest aid approv amount eur million dem million total invest volum eur million dem million aid intens invest project amount gross maximum permit ceil gross larg firm länder import part project construct refineri instal mider conclud build contract fix price agre turnkei deliveri call quot lump sum turnkei epc contract quot consortium thyssen lurgi technip joint ventur tlt carri construct cost agre build plant tlt consortium budget eur million dem million cost cost prepar project accompani infrastructur cost put plant oper commiss receiv germani context monitor oblig copi report studi carri consult solomon associ bv report intend determin price acquisit share refineri memorandum understand april bv grant elf mider put option mider share bv enter project request elf mider solomon studi initi conclud cost elf commiss decis base normal build cost compar plant solomon calcul cost basi statist method theoret plant solomon report put normal cost epc contract eur million dem million differ figur calcul solomon cost calcul basi epc contract amount eur million dem million includ adjust made solomon iii ground initi procedur provid articl commiss initi procedur provid articl ec treati express doubt implement origin decis inform decis approv aid base commiss express doubt compat aid commiss regard inform provid germani insuffici remov doubt actual cost construct leuna fund invest elf mider commiss found inform receiv document justifi diverg invest expenditur estim elf price determin solomon inflat present cost elig invest aid measur base result amount aid higher amount strictli need carri project conflict principl necess aid level aid exce maximum aid intens invest aid allow region misus aid establish commiss oblig articl ec treati decid member state abolish alter aid period time determin commiss iv comment interest parti commiss receiv set comment interest parti includ elf mider respons initi formal investig procedur competitor petrochem sector drew attent neg impact leuna invest project competit petroleum industri respons unit kingdom express concern maximum region aid ceil exceed refer detriment impact aid competit petroleum sector british competitor view european refineri capac letter receiv consortium russian compani interest acquisit hold mider contest statement initi proceed withdrawn plan acquisit share claim consortium pai purchas price equal amount paid bv put option mider share comment elf mider focuss procedur aspect initi proceed substant aspect concern procedur elf mider state commiss power review exist aid scheme restrict issu relat complianc origin decis review lead complet examin exist aid measur compat common market elf mider initi investig procedur justifi case base princip solomon report report purpos valuat mider share possibl purchas bv solomon approach consist subject assess construct cost justifi reason basi oil compani invest assess unrel lower actual cost born mider final procedur comment relat text commiss decis initi investig procedur argu commiss notic decis initi articl procedur unclear time contradictori substant comment elf mider aim demonstr inform commiss base origin decis state aid leuna refineri correct invest made envisag addit argu region aid programm administ properli amount aid aid intens approv commiss exceed elf mider state condit put option mider share contain memorandum understand consid part initi proceed put option part quot settlement agreement quot elf bv decemb settlement agreement subject separ state aid proceed question memorandum understand put option relev present case comment germani inform provid actual construct cost explan justifi addit cost germani argu fix price lump sum contract justifi tight schedul refineri construct unforese factor cover vi expert studi inform injunct investig commiss commiss independ studi examin construct cost refineri parpinelli tecnon milan member tecnon consult group tecnon select commiss juli undertak studi extern consult examin aid grant germani construct petrochem refineri leuna line commiss approv decis tecnon studi focu main issu firstli establish refineri build contract elf mider tlt consortium audit verifi actual payment project compar initi plan commiss decis base tecnon submit preliminari report januari studi confirm elig invest project cost approxim eur million dem million note origin commiss decis amount compris eur million dem million paid consortium tlt commiss elf mider construct refineri turnkei epc contract basi tecnon full access account financi data elf mider relat construct leuna refineri tecnon access account tlt data directli involv investig proceed tecnon inform vendor bid data actual invoic subcontractor determin market price epc contract refineri invest basi data refineri project tecnon declar method basic methodolog previou estim epc contract made solomon tailor specif plant estim base tecnon file data amount paid mider tlt epc contract order exceed dem million market good servic provid line estim made solomon payment made elf mider studi conclud account document declar cost paid conform amount establish supplier receiv invoic payment invest effect line amend tlt contract tecnon conclud amend made construct period fell norm expect project natur size germani elf mider contest result studi methodolog appli major object report base solomon report assumpt market cost refineri construct studi account specif circumst relat leuna project comment made estim market accuraci analysi fact number site specif issu justifi addit cost account includ stricter environment standard elf mider appli condit leuna site unexpect cost commiss continu doubt credibl complet inform provid germani result expert report suggest price paid elf mider tlt construct refineri inflat aid limit minimum requir commiss convinc crucial document made order assess indisput abus aid occur commiss need access tlt financi market relat data notabl vendor bid data actual invoic subcontractor commiss request germani decis februari submit vendor bid receiv tlt time epc contract prepar tlt formul contract price germani request provid document show actual price paid subcontractor tlt work invoic germani requir provid detail cost statist financi report tlt tlt express willing provid request inform tecnon carri addit studi review analys supplementari inform consult consid document suppli complet inform request injunct made inform tlt allow tecnon submit final version report august final report tecnon state differ eur million dem million cost calcul explain plausibl justifi specif featur leuna site addit cost dem million aris increas materi construct necess verifi basi audit financi data higher cost explain expens infrastructur develop result factor includ meet german regul notabl environment requir cost effect incur relat transact parti subcontractor result bid free competit market higher engin cost dem million explain higher man hour rate comparison tecnon file data tecnon reason doubt tlt rate competit natur tlt consortium structur divis revenu consortium partner formul technip lurgi earn revenu sale engin servic whilst thyssen share base percentag alloc net profit thyssen interest monitor actual engin cost addit engin cost dem million relat overrun cost basi analysi tecnon consid tlt explan conceptu valid overrun cost caus factor includ underestim influenc pressur code pipe complex instrument system chang mider team numer bankruptci supplier tecnon state suffici evid conclud differ actual report result tecnon estim cover accuraci margin analysi addit cost foreseen tlt draw budget cost difficult establish direct knowledg negoti contractor local region nation author construct phase tecnon confirm higher cost verifi paid tlt tecnon confirm tlt report profit project excess compar risk tlt incur vii commiss decis relat case context investig commiss decis relat leuna invest project mention case concern commiss decis octob approv extens invest premium law law serv legal basi grant eur million dem million invest premium cover invest cost refineri decis made aid award elf mider illeg incompat investor meantim reimburs aid paid elf mider request court instanc annul decis case novemb court annul commiss decis concern situat applic commiss deal consequ court judgment separ judgment lead addit aid paid elf mider regard paragraph judgment case concern relat case commiss approv decis februari settlement agreement conclud bv land saxoni anhalt elf mider decemb germani recognis eur million dem million claim damag elf mider contribut bv intend compens claim emerg breach memorandum understand conclud parti april put option settlement agreement expressli provid elf mider repai bv sum paid invest premium excess amount eur million dem million commiss found sum eur million dem million paid bv constitut aid remain amount eur million dem million paid saxoni anhalt compens receipt invest premium invest premium law consid aid decis commiss declar aid compat commun rule state aid germani undertook amount paid directli beneficiari put call escrow account block account remain block final decis present case viii assess aid inform provid germani elig invest cost refineri amount eur million dem million commiss expert check figur found evid elig cost improperli calcul amount confirm report drawn author land saxoni anhalt verwendungsnachweisprüfung amount aid support invest origin amount eur million dem million aid intens project permiss aid ceil elig invest cost project receiv resourc eu structur fund aid refineri construct amount eur million dem million figur correspond origin amount approv commiss minu dem million deduct neg decis invest premium law eur million dem million aid block escrow account decis settlement agreement ad project receiv aid amount eur million dem million elig invest cost project amount eur million dem million aid eur million dem million gross aid intens amount inform commiss verif inform aid intens project ceil allow region saxoni anhalt basi calcul aid ceil exceed find commiss investig refineri construct cost inflat eur million dem million figur eur million overst amount eur million dem million tecnon preliminari report cost differ solomon studi basi present investig find tecnon final report basi actual compani data show overstat cost establish cost present justifi paid elf mider fulli account court parliamentari inquiri germani construct cost leuna refineri similarli reveal misrepresent cost misus state aid report german parliamentari investig committe untersuchungsausschuss parteispenden publish juli establish irregular connect construct leuna refineri solomon report concern object establish market share view sale bv valuat intend repres actual construct cost refineri base estim actual compani data consult tecnon inform elf mider specif featur leuna refineri methodolog appli preliminari studi base estim absenc market relat data tlt consortium determin bid provis request data tlt explain differ initi analysi actual construct cost base epc contract tecnon conclud differ cost calcul explain plausibl accuraci margin studi parti comment initi proceed commiss note evid found aid grant scope origin approv demonstr aid intens remain maximum percentag allow condit put option bv dealt separ decis settlement agreement ix conclus inform receiv analysi carri commiss investig procedur shown evid misus aid overstat elig cost grant aid scope origin decis authoris aid leuna invest project demonstr commiss doubt compat aid grant elf mider articl ec treati articl eea agreement allai proceed termin state decis settlement agreement commiss object amount eur million dem million block escrow account paid beneficiari accord provis agreement amount exceed sum eur million dem million repaid bv commiss decis termin investig proceed subject condit commiss reopen investig fact light contradict conclus reach examin adopt decis articl state aid germani grant context construct leuna refineri subject commiss decis nn compat common market mean articl treati full implement aid measur amount eur million dem million authoris amount compris eur million dem million approv commiss decis settlement agreement articl decis address feder republ germani brussel octob commiss mario monti member commiss oj footnot oj elf part total fina elf sa engin plan construct memorandum understand put option subject commiss decis februari call quot settlement agreement quot bv land saxoni anhalt elf mider section vii decis decis initi proceed commiss amount eur million dem million account adjust made solomon total dem million reduc gap decis initi proceed commiss request inform put option contract examin subsequ stage actual build cost amount eur million dem million includ interest cost novemb solomon issu revis report commiss bv studi revis estim upward differ solomon tlt eur million dem million previou eur million dem million establish independ auditor verifi financi cost account data report statement made instanc commiss access statement actual cost certifi kpmg oj mitteldeutsch erdöl raffineri commiss ecr ii elf mider state percentag reduc due financi physic design project calcul base differ dem million dem million amount grant dem million differ amount dem million aid theoret paid complianc aid intens correspond elig invest base dem million interest