commiss decis april state aid grant franc shipyard achcn notifi document number french text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof regard council regul ec june establish rule aid shipbuild regard council regul ec march lai detail rule applic articl treati articl thereof call interest parti submit comment pursuant articl procedur begin persist alarmist report situat ateli chantier du havr construct naval hereinaft achcn commiss french author request inform initi letter date june request answer hold letter eventu octob request commiss french author repli letter date novemb inform state achcn control industri process unabl assess financi impact difficulti prompt author releas addit emerg aid order ensur order complet total amount aid french govern prepar grant achcn estim frf million letter date februari commiss inform franc decis initi proceed articl ec treati respect aid commiss decis initi proceed publish offici journal european commun commiss invit interest parti submit comment aid question ii background carri order chemic tanker obtain stolt nielsen total amount frf million shipyard achcn encount difficulti begin firm hope overcom organis difficulti reduc workforc cut capac reduc size build berth financi level cash flow maintain releas french govern aid order chemic tanker pursuant articl council direct eec decemb aid shipbuild forc time aid provid plan upgrad french shipbuild industri approv commiss juli addit aid cover social aspect restructur grant notif februari commiss approv decemb aid packag shipyard elig time order end amount total frf million broken contract relat aid frf million contract price aid ii aid upgrad french shipyard authoris commiss juli frf million restructur aid frf million provid alloc social plan iii descript initi articl procedur januari ground shipyard estim loss order frf million loss cover public resourc excess amount authoris commiss consid aid constitut oper aid offset factor justifi provis forc aid shipbuild commiss ask french author provid addit comment inform complet breakdown compani account includ aid payment made sign contract stolt nielsen ii copi contract question iii detail construct tanker term progress work iv comment french author french author suppli detail compani account year includ account payabl june copi contract amend progress work tanker complet hull complet compon assembl comment french author detail event result achcn control industri process financi posit essenc shipyard consider field shipbuild unabl meet overli ambiti challeng launch build type vessel experi addit lack experi extern problem delai suppli steel sheet qualiti specif impos shipown yard previous deal author consid earli warn subsequ deterior view support account payabl show end yard control situat restructur plan refer recit notifi product gain yard help restor situat build delai attribut temporari hitch state intervent intend prevent sudden bankruptci achcn caus social unrest yard import industri fabric le havr situat alter french author repli commiss novemb suppli inform vessel deliv origin juli deadlin postpon agreement octob eventu deliv june delai owner appli reject claus absenc buyer price paid current market price time deliveri usd million contract price usd million ii vessel yard decid januari halt construct tanker hull section manufactur cost complet tanker product yard exceed price paid owner achcn conclud industri imposs build vessel tanker decid carri build launch stage find yard franc complet june hull complet launch plan octob decis base remov incomplet hull patent slip locat centr port le havr demolish price total loss order suspend june total frf million achcn decid halt shipbuild activ author financ total irrevers closur plan consist part part french author suggest cover loss frf million account contract relat aid authoris aid scheme forc frf million account aid approv commiss upgrad plan restructur plan ii frf million closur aid aid intend financ complet tanker work tanker launch stage part concern social aid consist implement social plan entir achcn workforc employe open end contract statutori redund procedur labour code initi august state provid firm fund cover expenditur born achcn state virtual bankruptci incap financ plan measur includ redund benefit compens lieu notic mobil aid recruit aid retrain leav implement retrain earli retir agreement financ retrain cell benefit initi budget frf million adjust number worker benefit measur total workforc person departur stagger gt tabl gt part reindustrialis measur design offset direct indirect job loss caus le havr closur shipyard major industri develop programm due start shortli le havr area port le havr port project main task ensur urgent alloc le havr area appropri earmark small firm industri sme smi develop fund fdpmi pat grant scheme assist employ small firm propos measur cover scheme authoris commiss lastli french author report achcn undertaken sell asset step reduct workforc transfer proce french treasuri repay albeit inevit partial restructur aid grant state entir product facil shipyard dispos assess aid measur question constitut aid mean articl ec treati distort competit favour achcn ship product concern shipyard assess regul ec articl aid defrai normal cost result total partial closur shipbuild ship repair ship convers yard consid compat common market provid result capac reduct genuin irrevers natur view commit french govern definit closur yard meantim realiti complet cessat busi departur worker schedul auction firm entir instal conclud complet irrevers closur aid consid light social standpoint cost possibl elig aid includ benefit paid worker made redund retir legal retir ag ii cost counsel servic worker made redund take earli retir includ payment made yard facilit set small busi independ shipyard question activ princip shipbuild ship repair ship convers iii payment worker retrain budget frf million provid social aid section commun french author cover type expenditur refer recit whilst amount alloc averag frf worker line amount grant franc similar circumst norm shipyard close level aid cover social plan financ french govern approv commiss practic ident measur contain social plan regard compat common market articl regul state expenditur incur redevelop yard build instal infrastructur shipbuild ship repair ship convers cost elig closur aid provid french author state industri develop programm le havr region receiv support scheme authoris commiss propos reindustrialis measur compat common market articl regul specifi case firm total ceas shipbuild ship repair ship convers loan loan guarante work capit need enabl firm complet unfinish work deem compat common market provid minimum signific proport work articl state amount intens aid justifi extent closur involv account structur problem region concern final balanc notifi aid intend offset loss incur shipyard amount frf million commiss note state aid compli articl regul primarili aid work capit yard complet unfinish work tanker complet finish construct strictli limit vessel leav yard shipyard remov partial built vessel broken time allow workforc firm held kei posit industri fabric le havr cut back gradual aid grant regard repay aid french govern grant condit entir proce liquid yard public auction paid public purs conclud aid constitut advanc subordin payment entir proce liquid firm extent proce sale instal fail match full amount advanc aid justifi fact yard irrevers close possibl reactiv equip sold vi conclus commiss conclud assist grant french govern closur ateli chantier du havr construct naval compris aid social plan amount frf million aid complet ongo work amount frf million compat common market commiss note french govern refund part aid grant transfer public purs proce sale yard instal adopt decis articl state aid frf million grant franc achcn enabl carri social plan closur aid frf million compat common market articl decis address french republ brussel april commiss mario monti member commiss oj oj oj oj