commiss decis april aid grant itali central del latt di roma notifi document number italian text authent ec commiss european commun regard treati establish european commun articl thereof regard council regul ec common organis market milk milk product articl thereof call interest parti submit comment pursuant provis cite regard comment procedur decemb commiss receiv complaint respect decis rome municip council juli privatis azienda comunal central del latt accl direct agreement complaint mention fact accl record huge oper loss amount itl billion written municip rome plaintiff oper constitut state aid accl incompat rule competit treati letter march commiss request italian author provid inform alleg state aid letter juli record receiv juli perman represent itali european union forward addit inform request receiv state aid notif accord articl treati write sum ow accl privatis commiss decid enter case regist notifi aid measur nn letter sg commiss inform itali decis initi procedur laid articl ec treati respect aid measur write accl oper loss aid lazio milk produc privatis accl aid buyer privatis process case enter regist aid commiss decis initi procedur publish offici journal european commun commiss call interest parti submit comment measur question letter juli record receiv juli italian author submit observ commiss aid measur question repli commiss letter septemb itali forward inform letter januari record receiv januari commiss receiv comment interest parti ii descript decemb azienda comunal central del latt set produc sell packag fresh milk dairi product cream yoghurt long life uht milk legal speak accl establish public servic oper loss written owner municip rome accl fact privat compani simpli separ bodi municip rome account purpos accl bought fresh milk local produc process packag brand quot central del latt quot produc long life milk yoghurt product sold local albeit signific market rome surround area compris million consum tradition accl product focus fresh milk origin account sale percentag declin steadili time develop dairi product line fresh milk account total sale period rise sale secondari product yoghurt long life uht milk account incom sale doubl half line product launch market open bring growth long life uht milk sale time sale yoghurt fresh cream rose time privatis accl signific albeit constantli declin share rome market main product fresh milk time share market product margin long life milk outset accl regard compani difficulti systemat produc oper loss main reason difficult econom financi situat lie overs product structur sever underutilis capac accl labour cost high workforc skill specialis activ requir market result turnov product employe half averag sector compani suffer manag problem confront labour relat write oper loss compani annual turnov itl billion net loss itl billion itl billion net loss reach itl billion consequ reduc workforc job cut loss loss amount itl billion itl billion includ itl billion loss year forecast put expect oper loss itl billion oper loss written year municip rome accord articl law june provis govern local author time initi articl procedur commiss put debt written itl billion time procedur provid articl treati initi commiss view assist grant municip rome write accl oper loss constitut state aid mean articl treati aid distort competit involv write oper loss compani oper sector dairi product consider intra commun trade substanc case commiss conclud aid oper aid accord practic appli articl treati compat common market natur lead develop sector region commiss note view accl quot structur quot oper loss compani regard quot difficulti quot refer relev commun guidelin applic time initi articl procedur commiss consid loss written necessarili involv expenditur connect restructur programm job cut invest product convers commiss opinion main condit allow restructur aid guidelin prevent undu distort competit brought aid proportion term restructur cost compar benefit fulfil commiss assess aid fell purview articl treati qualifi except articl thereof assess aid compli rule state aid commiss conclud case account fact compani debt written rule govern quot public servic quot municip rome fact manag defin quot public servic quot involv collect process market milk human consumpt special undertak quot azienda special quot municip rome requir settl quot social cost quot special undertak virtu fact provid quot public servic quot accord articl treati undertak entrust oper servic gener econom interest subject treati rule competit applic rule obstruct perform law fact task assign inform accl activ exhibit special characterist warrant derog articl treati commiss held compani produc market product list annex treati cover common organis market regard undertak entrust oper servic gener econom interest mean articl oper common market milk milk product product subject common organis market incompat state intervent market compani pursu object econom profit commiss conclud articl treati fulli applic assist grant municip rome write accl oper loss aid lazio milk produc reason compani grant statu quot public servic quot provid support local milk produc inform time initi articl procedur accl sign suppli contract lazio milk produc cooper deliveri price favour produc larger quantiti milk sold free market alleg italian quot govern author quot requir accl bui milk higher price quot favour quot area common organis market milk price set market differ price offer processor reflect free interplai suppli demand compani commerci polici financi sound accl incur signific oper loss year maintain high price ensur outlet local produc quot public servic quot statu state write debt outstand year commiss consid grant accl statu quot public servic quot public financ milk bought favour price constitut state aid lazio milk produc mean articl substanc aid partli entail total oper loss suffer accl establish reason mention regard write accl oper loss commiss regard aid incompat common market commiss view measur involv breach provis forc common organis market milk milk product view uncertainti exact rule govern amount aid commiss call italian author forward inform relev assess aid grant italian govern lazio milk produc date accl establish commiss ask statist deliveri lazio milk produc price paid accl averag price price paid market oper relev legisl privatis accl june municip rome launch procedur privatis accl novemb municip rome select morgan consult entrust task draw industri plan end march consult present evalu compani propos organis sale juli rome municip council decid amend quot public servic quot statu accl turn joint stock compani spa quot societa azioni quot view privatis decis dealt sale procedur involv direct negoti subject criteria connect state control procedur protect interest worker local milk produc decis accl asset transfer central del latt di roma spa regist capit itl million assign municip rome remain compani risors roma spa own municip rome privatis involv increas capit buyer accl liabil continu enter balanc sheet compani wound sale procedur notic invit compani bid share central del latt spa publish lead italian newspap octob time limit laid consult receiv bid individu compani joint ventur decemb consult invit tender interest parti receipt full propos consult submit report recommend direct negoti start bidder march consult undertook final round negoti shortlist compani compani valu independ expert design presid tribunal di roma accord articl italian civil code report expert valu central del latt di roma spa itl billion final round negoti bidder consult present report municip rome recommend sale central del latt di roma spa compani made bid compani offer itl billion share central del latt di roma spa itl billion capit bidder offer significantli compani offer itl billion compani itl billion compani itl billion share central del latt di roma spa share earmark local fresh milk produc municip rome decid price offer main buyer share appli produc consult compani bid includ industri plan invest equal itl billion year itl billion modernis plant equip itl billion market bidder intend invest smaller amount period compani itl billion compani itl billion compani itl billion compani intend maintain exist job year offer compani compani compani compani undertook bui raw materi lazio milk produc bidder prepar make commit agre transfer plant present site rome june municip rome decid sell share central del latt di roma spa compani total itl billion remain subsequ sold compani bring price itl billion accord longstand practic commiss consid privatis publicli own compani involv state aid mean articl treati compani sold competit tender open comer transpar uncondit equival procedur compani sold highest bidder bidder time inform carri proper valuat asset base bid commiss note municip rome decid organis public invit tender deliber choic made ensur continu product suppli local produc compani stabil case point commiss note public notic publish newspap distribut nationwid interest privatis european compani rule commiss consid procedur suffici ensur broad particip compani oper itali public commiss conclud potenti bidder suffici time inform privatis procedur submit offer accept highest bid concern commiss note success bidder offer higher price competitor itl billion bid significantli higher compani real assess independ expert itl billion notwithstand fact success bidder made substanti commit compani sold highest bidder price significantli higher estim element state aid commiss view involv privat investor paid lower price condit impos commiss believ market compani price privat investor paid sale subject condit relat mainten number job suppli raw materi local produc view forego basi inform time commiss unabl rule possibl buyer compani benefit aid privatis procedur aid grant buyer privatis procedur commiss analys impact condit sale favour lazio milk produc commiss note bidder undertak bui percentag laid legisl forc suppli raw materi lazio milk produc year price obtain market compani main product fresh milk distanc raw materi supplier impact product market process lazio milk produc enjoi quot natur quot competit advantag italian commun produc competit edg suffic offset disadvantag commiss held produc effici gener ec produc fact condit impos compani requir bui suppli lazio milk produc impli case normal market condit possibl reduc milk suppli local percentag provid legisl forc mysteri commiss awar provis common organis market commiss call italian author provid inform evalu claus forward provis subject condit buyer purchas raw materi local produc involv preferenti treatment constitut state aid favour breach relev common market organis rule iii comment itali italian author submit comment letter juli januari write oper loss itali disput figur itl billion total debt written fact commiss base calcul period contend discount accl establish decemb compani wind significantli affect expenditur likewis larg percentag loss incur itl billion cover accl fund itl billion outstand itali put total sum written itl billion italian author write sum concern municip rome sought restor accl viabil view forthcom privatis principl govern privat investor market economi abid italian author point measur affect trade condit connect itali claim accl activ market fresh milk ow legal constraint appli market dai packag practic product sold close area product consequ italian fresh milk market typic market region scope trade member state region northern itali commiss regard write sum state aid mean articl treati itali believ condit derog articl treati met aid compli commun guidelin state aid rescu restructur firm difficulti itali hold measur favour accl compli fulli condit laid applic guidelin implement restructur programm intend restor compani effici viabil unduli distort condit competit complianc principl proportion accl compani difficulti accord relev guidelin itali viewpoint conclus evid regard annual write oper loss view futur privatis compani restructur plan drawn period quot busi plan quot group expert sector restructur relaunch compani improv product market busi plan provid consecut phase involv restructur consolid diversif product plan compris intern restructur measur restor accl long term viabil main measur involv rationalis gener expenditur industri cost substanti reduc workforc invest replac plant equip itl billion view improv effici reduc impact environ increas capac restructur improv effici distribut shift product rang product higher ad long life milk special milk yoghurt fruit juic intern measur gear restor compani viabil reason time implement restructur plan allow compani gener posit balanc itl billion balanc sheet prevent undu distort competit italian author stress measur sought sole improv accl viabil advers affect posit competitor measur sole effect substanti reduc staff improv effici product plant diversifi product higher ad back argument itali cite fact italian antitrust author look acquisit accl light articl treati conclud measur favour accl advers impact competit market milk itali stress accl adopt aggress market polici secur quot captiv quot consum base italian author add restructur plan commensur object sought sell accl condit state accl contribut significantli restructur process resourc itl billion itali note municip rome chosen wind compani bear higher cost italian author valid restructur process confirm fact privat buyer guidelin industri plan take control compani commiss regard aid compat articl treati born mind beneficiari accl compani liquid central del latt di roma spa sale procedur compli fulli itali view condit market central del latt di roma spa buyer benefit aid grant previous accl central del latt di roma spa ask reimburs aid recov aid lazio milk produc itali accl bui milk iocal produc market price quantiti bought exceed process requir price paid produc concern itali claim accl appli italian law march lai rule interbranch agreement contract cultiv sale agricultur product support claim itali provid statist compar price paid accl privat oper lazio region gt tabl gt quantiti raw materi bought accl itali claim raw materi purchas basi suppli contract produc group suppli inform demonstr total quantiti milk bought accl declin steadili ratio packag product milk deliv stabl period privatis accl italian author accl privatis italian law sale public asset sale place privat contract italian author relev commun legisl requir public invit tender held case call sale procedur appli question privatis carri assist consult select accord procedur provid council direct eec june relat coordin procedur award public servic contract consult chosen morgan highli reput intern merchant bank italian author view public notic accl privatis nation newspap suffici publicis wit bid receiv fact notic publish intern press itali hold special featur freshmilk market privatis assum italian compani foreign compani oper itali interest italian author rule interest part oper establish itali time point foreign oper interest establish itali consult main financi newspap notic publish regular basi accept highest bid italian author quot commiss initi articl procedur quot commiss note success candid offer amount capit significantli higher competitor itl billion offer significantli higher compani judg independ expert itl billion notwithstand success candid gave seri oner undertak quot view assess degre open transpar bid procedur ampl guarante state aid mean articl treati grant buyer commiss claim quot compani sold highest bidder price significantli higher estim element state aid commiss view involv privat investor paid lower price condit impos quot base view pure conjectur specul practic relev italian author gener principl privatis subject special condit view absolut condit laid compat principl govern privat investor market economi itali cite fact roll royc sold privat undertak itali argu commiss factual evid condit privatis place signific effect market compani italian author stress expert opinion serv basi determin market compani condit account final price higher estim itali emphasis final price offer buyer itl billion equal offer bidder unwil accept condit italian author condit applic articl treati met opinion buyer grant advantag privatis procedur secondarili italian author argu commiss consid buyer receiv aid privatis procedur aid deem compat articl treati seek encourag privatis elimin distort competit state own compani respons claus requir buyer central del latt di roma spa purchas raw materi local milk produc itali argu constitut state aid claus question requir milk bought market price iv assess applic articl treati accord articl treati aid grant member state state resourc form whatsoev distort threaten distort competit favour undertak product good incompat common market affect trade member state articl council regul ec common organis market milk milk product stipul save provid regul articl treati appli product trade product list articl regul includ virtual output accl fresh milk long life milk yoghurt dairi product articl treati appli full assist grant municip rome accl order assess state aid mean articl treati involv commiss consid measur separ oper loss written assist lazio milk produc aid grant privatis process write oper loss commiss accept italian author argument debt written put itl billion year accl establish decemb compani sold june disregard commiss agre signific proport accl debt cover fund itl billion itl billion written municip rome systemat wrote oper loss total itl billion behalf accl debt written regard aid grant public purs municip rome public author food industri undertak indisput enjoi undu econom financi advantag detriment competitor itali member state receiv contribut measur concern effect trade member state substanti intra commun trade milk itali milk import eu member state total million tonn export rest eu total tonn year itali produc milk ecu billion eu output worth ecu billion specif data commun level trade accl main product fresh milk share rome market product itali deni measur question affect trade member state special characterist fresh milk market strict limit shelf life market region level commiss view relev market consider case point eu milk market cover type milk fresh accl milk competit product replac fresh milk consum bui pattern long life uht milk court justic rule aid undertak affect trade member state distort competit undertak compet product member state undertak concern export product similar situat aris excess capac sector concern member state grant aid undertak domest product reason maintain increas result undertak establish member state chanc export product market member state aid affect trade member state distort competit commiss conclud measur write accl oper loss fall scope prohibit articl ec treati aid lazio milk produc initi procedur articl treati view alleg higher price paid local produc higher quantiti deliv commiss held accl oper quot public servic quot entail write oper loss year constitut state aid lazio milk produc italian author specif provis requir accl bui milk lazio milk produc commiss note price polici accl past involv align price laid interbranch agreement milk statist data provid show price paid accl systemat lower paid larg privat compani oper sector likewis statist show quantiti purchas commensur accl product basi inform suppli italian author lack evid posit price polici favour lazio milk produc exist commiss conclud accl activ involv state aid mean articl ec treati lazio milk produc privatis accl initi procedur articl treati basi inform time commiss unabl rule possibl aid grant buyer privatis procedur commiss concern spring sourc notic announc privatis accl publish italian newspap interest privatis european compani rule compani sold highest bidder price significantli higher estim sale subject condit element state aid involv price privat investor paid lower condit appli mainten number job continu purchas suppli raw materi local produc itali disput commiss approach initi articl procedur claim privatis involv grant state aid mean articl treati buyer specif reason commiss doubt italian author argu public privatis notic suffici publicis wit bid receiv addit itali pure conjectur specul argument condit attach privatis deal impact market compani deni factual evid condit influenc price compani itali claim made state resourc preliminari examin aid commiss establish practic regard sale public asset recit consid stage initi assess supplement assess privatis procedur light commiss commun state aid element sale land build public author accord commun sale public land build publicis open uncondit bid procedur entail state aid appli case point sale compani uncondit commun lai rule determin state aid exist sale place uncondit bid procedur case market asset determin independ expert prior sale negoti price deem line market differ determin public interest special oblig relat land build concern buyer econom activ attach sale provid potenti buyer requir fulfil abovement commun sale public asset member state oblig organis formal invit tender appli rule govern open invit tender activ wide publicis sale public asset direct agreement accept commun rule price compani sold case sale formal tender organis commiss requir sell price line market asset determin independ expert valuat carri independ expert prior final round negoti accord articl italian civil code expert design presid tribunal di roma estim central del latt di roma spa total itl billion commiss note compani sold bidder submit offer financi term offer itl billion higher compani market determin independ expert condit govern sale commiss note sale public asset special condit accept commun law condit discrimin potenti buyer sale question condit safeguard job implement busi plan oblig bui raw materi local produc oblig transfer place product year discrimin potenti buyer commiss take view condit affect real market price compani mainten job commiss note buyer undertaken maintain exist workforc light bid estim busi plan workforc suffici compani oper satisfactorili buyer undertaken implement industri plan total itl billion higher propos bidder condit design ensur continu compani product model commiss agre italian author effect condit market price calcul neutralis fact select bidder offer substanti higher compani determin independ expert commiss initi concern state aid mean articl treati grant buyer privatis procedur allai view forego conclus commiss consid examin condit sale light articl treati longer call derog pursuant articl treati view initi assess commiss conclud state aid mean articl treati confirm respect origin ground initi articl procedur write accl oper loss prohibit state aid contain articl uncondit exempt list articl appli natur aid measur concern object itali invok applic articl measur articl specifi circumst state aid consid compat common market compat common market assess point view commun individu member state view ensur common market function properli exempt ban state aid interpret restrict articl appli aid intend promot develop area standard live abnorm low underemploy articl aid question intend promot execut import project common european interest remedi disturb italian economi aid intend achiev suitabl achiev object refer articl articl treati aid facilit develop econom activ econom area consid compat common market provid advers affect trade condit extent contrari common interest start commiss note end sale mid accl oper quot public servic quot arrang outstand oper loss cover municip rome substanc case commiss debt write off oper aid lead develop sector region itali claim aid qualifi derog provid articl treati compat commun guidelin state aid rescu restructur firm difficulti initi commiss assess provis regard commun guidelin forc time aid grant procedur provid articl treati initi guidelin subsequ consolid mid accord point guidelin commiss examin compat common market rescu restructur aid grant entri forc basi guidelin forc time aid grant accl incur systemat annual loss regard meet condit consider firm difficulti mean point applic guidelin commiss view debt write off municip rome compli gener object rescu firm difficulti simpli offer compani difficulti respit long term solut work order authoris rescu aid consist liquid support form loan guarante reimburs loan grant interest rate equival market limit amount need firm busi cover cost wage salari routin suppli paid time need gener exceed month determin restructur measur warrant ground social difficulti unduli advers effect industri agricultur situat member state principl oper annual write off impli return capit interest rate equival market oper consid fulfil condit guidelin state aid rescu restructur firm difficulti applic guidelin restructur aid approv gener condit fulfil restor viabil restructur plan enabl firm long term viabil restor reason timescal basi realist assumpt futur oper condit improv viabil deriv intern measur base extern factor extent assumpt factor develop wide accept fulfil viabil criteria restructur plan enabl compani cover cost includ depreci financi charg gener minimum return capit firm compet marketplac merit prevent undu distort competit brought aid measur mitig advers effect competitor object assess suppli demand situat show excess product capac restructur plan make contribut commensur aid receiv restructur relev ec market irrevers reduc abandon capac proportion aid term restructur cost benefit rate amount aid bare minimum need restructur commensur benefit anticip commun level aid beneficiari expect make signific contribut restructur programm resourc extern financ market condit order limit distort amount aid form grant avoid provid compani surplu cash aggress market disturb activ full implement restructur plan observ condit compani fulli implement restructur plan approv commiss discharg oblig provid commiss decis monitor annual report grant restructur aid monitor regular interv basi adequ report gener obviou link quot public servic quot statu coverag oper loss restructur measur undertaken compani debt written implement restructur plan busi plan start restor viabil reason timescal concern busi plan measur reduct industri cost effici process reduct gener process cost achiev larg cut workforc gener administr cost busi plan staff cut exist pre plan workforc target attend reduct oper cost estim amount itl billion year implement invest plan itl billion year main aim updat exist process line long life uht milk process line busi plan reli shift product rang increas sale packag milk product correspond decreas product fresh milk substanti increas type dairi product cream yoghurt long life milk compani turnov expect increas restructur distribut held ineffici develop market polici accl busi plan import set core intern measur consid restructur plan accord commun guidelin outset plan anticip return viabil improv trade result itl billion itl billion simpli prepar ground return profit seek restor viabil accord guidelin gener suffici profit cover cost ensur return capit compani produc profit itl billion privatis commiss view accl sold compani longer regard firm difficulti recit decis point commun guidelin state aid rescu restructur firm difficulti incom appear deriv implement set measur take extraordinari cost relat accl liquid account trade result neg itl billion suggest busi plan confirm itali fulli implement commiss condit guidelin restructur fulfil condit concern accl busi plan make provis measur mitig advers effect competitor addit restructur aid sector structur overcapac european level contribut restructur effort sector irrevers reduc elimin capac accl activ milk dairi product sector signific overcapac commun level demonstr exist period restructur place strict sector limit invest primari product articl council regul ec improv effici agricultur structur process market milk product point annex commiss decis ec busi plan italian author remark hint elimin product market capac commiss view condit guidelin restructur fulfil condit relat proportion cost restructur aid set benefit commun condit fulfil form aid write oper loss commiss view aid bare minimum restructur contrari debt write off compani oper provid constant suppli liquid exceed requir restructur recit commiss hold aid measur compli applic guidelin rescu restructur firm difficulti applic articl treati initi procedur provid articl treati commiss consid accl activ exhibit special characterist allow consid derog articl treati commiss held compani produc market product list annex treati cover common market organis regard undertak entrust oper servic gener econom interest mean articl treati repli italian author disput commiss posit commiss maintain previou posit effect articl treati appli compani produc market dairi product conclus commiss consid measur write accl oper loss constitut state aid mean articl treati commiss view abovement measur favour lazio milk produc constitut state aid mean articl treati likewis commiss hold accl privatis procedur involv state aid mean articl treati commiss deplor fact itali unlawfulli appli abovement aid breach articl treati reason set exempt provid articl treati appli aid satisfi requir articl likewis derog provid articl treati applic aid incompat common market conclus prejudic posit commiss adopt pursuant articl treati relev provis italian law june provis govern local author case point notifi aid grant commiss final decis bind natur rule procedur laid articl treati direct effect recognis court justic judgment case carmin capolongo azienda agricola maya case gebr lorenz gmbh feder republ germani case steinick und weinlig feder republ germani prevent retrospect legitim aid judgment case fédération national du commerc extérieur de produit alimentair franc articl council regul ec march lai detail rule applic articl ec treati neg decis case unlaw aid commiss decid member state concern measur recov aid beneficiari recoveri order restor previou situat remov financi advantag unduli gain beneficiari date grant aid articl regul ec state sum recov bear interest rate set commiss interest payabl date unlaw aid made beneficiari date recoveri aid repaid accord rule procedur laid italian law aid includ interest date grant actual recoveri interest calcul basi refer rate calcul grant equival region aid case point parti aid recov accl receiv aid amount itl billion write oper loss decis municip rome juli accl asset transfer central del latt di roma spa compani subsequ sold normal market rate oper compar convent liquid allow state obtain financi return asset circumst commiss take view oper regard quot asset deal quot central del latt di roma spa simpli instrument buyer major privat industri group receiv benefit aid grant previous longer independ legal statu liabl repai aid aid reimburs accl decis prejudic conclus commiss draw financ common agricultur polici european agricultur guidanc guarante fund eaggf adopt decis articl measur write oper loss incur azienda comunal central del latt di roma constitut state aid mean articl treati lazio milk produc procedur privatis azienda comunal central del latt di roma involv state aid mean articl treati measur write oper loss azienda comunal central del latt di roma incompat common market articl month notif decis italian author measur recov beneficiari aid refer articl unlawfulli grant aid recov accord procedur laid italian law sum recov bear interest date made beneficiari actual recoveri interest calcul basi refer rate calcul grant equival region aid articl month notif decis itali inform commiss measur compli articl decis address italian republ brussel april commiss franz fischler member commiss oj oj footnot recent data date initi procedur provid articl treati judgment court instanc case siemen sa commiss european commun ecr ii oj judgment court justic case merci convenzionali porto di genova spa siderurgica gabrielli spa ecr footnot order safeguard commerci inform name compani joint ventur replac letter asterisk point seq xxiiird report competit polici oj oj footnot sourc eurostat judgment court justic case french republ commiss european commun ecr oj footnot footnot oj oj oj commiss decis select criteria adopt invest improv process market condit agricultur forestri product repeal decis eec oj judgment cite footnot ecr ecr ecr ecr oj oj