commiss decis juli aid grant germani chemieanlagenbau staßfurt notifi document number german text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof notic parti concern submit comment accord articl letter decemb regist commiss decemb german govern inform commiss pursuant articl treati propos grant aid chemieanlagenbau staßfurt ag quot ca quot commiss enter measur regist state aid measur number letter januari commiss sought addit inform suppli letter februari regist februari commiss inform aid grant ca await respons commiss case transfer list aid measur notifi regist number nn commiss doubt measur qualifi restructur aid compat common market april decid initi proceed articl treati germani inform decis ground letter april content publish offici journal european commun interest parti invit submit observ month germani repli commiss letter april letter regist public notic offici journal european commun june commiss receiv observ number interest parti letter trade associ date juli regist juli letter european interest group date juli regist juli observ arriv month deadlin expir offic perman repres member state date juli regist juli competitor date juli regist juli copi letter german author comment august repli letter septemb regist date letter septemb regist date germani inform commiss pursuant articl ec treati privatis compani place juli make aid packag ca letter march commiss sought addit inform suppli letter april regist date germani suppli inform letter regist ii ca regist offic saxoni anhalt workforc turnov dem fix asset dem origin compani back renam veb maschinen apparatebau staßfurt veb chemieanlagenbau staßfurt chemieanlagenbau staßfurt ag share held treuhandanstalt privatis agenc urban gmbh amp manag kg berlin own treuhandanstalt successor agenc bundesanstalt fair vereinigungsbedingt sonderaufgaben act agenc take manag ca juli april ca properti beteiligung manag gesellschaft berlin mbh quot bmgb quot entrust task privatis year bmgb instruct west merchant bank identifi potenti privat investor sale open invit tender bmgb select favour credibl offer juli ca sold privat investor bvt industri beteiligungsgesellschaft mbh quot bvt quot price dem german author made loss dem privatis compani wound loss dem bvt ca liabil parti bvt form part bvt group seat munich invest energi environment sector germani ca oper industri plant machineri construct iron cast sell output germani rest common market countri plant machineri side ca build suppli instal plant manufactur light ash dens ash potash rotat drum purpos fertilis industri wast recycl metal miner timber industri iron foundri side ca make iron cast outsid includ alloi alloi grei cast iron spheroid graphit cast iron grei iron cast weigh kilogram tonn spheroid graphit cast kilogram tonn small run item made order iron foundri fall annex ecsc treati scope framework steel sector cover ecsc treati treat industri scope ec treati iii origin notif decemb relat dem aid bmbg form cash inject dem dem guarante privatis juli minor made packag aid bmbg bring total dem origin amend aid packag intend ensur surviv ca promot restructur carri reorganis measur drawn manag consult end part implement plan aid measur amend connect privatis gt tabl gt measur bmbg waiv claim repay sharehold loan dem provid treuhandanstalt sum dem grant clear inherit environment problem site waiver sharehold loan amount addit aid loan guarante provid treuhandanstalt intend firm difficulti accept time grant firm repai case kind safe assum potenti aid intens assumpt prove correct ca case waiv repay riski loan regard fresh aid initi articl proceed commiss accept aid grant treuhandanstalt accord relev guidelin financ inherit environment liabil altlasten consid state aid mean articl ec treati outset proceed commiss accept aid paid treuhandanstalt past grant accord state aid rule forc time consist dem dem commiss express doubt appear unnotifi waiver claim repay sharehold loan dem question clarifi german author dem grant aid consist essenti loan guarante sum ca make dem dem figur refer german govern letter septemb provid detail privatis amount sharehold loan initi proceed commiss express concern appear grant guarante ca germani assur guarante germani state aid cover decis sum dem paid prior approv commiss iv public letter commiss germani initi proceed interest parti submit observ committe european foundri associ argu excess capac industri ca iron foundri state aid associ submit specif data industri firm compet ca alleg lost contract ca predatori price suppli specif inform nation trade associ support alleg made competitor letter give detail offic perman repres member state submit ca consider effici competitor refer receiv state aid letter suppli argument repres ca iron foundri rel absolut term iron cast minor part busi letter pass germani comment repli letter septemb argu aid ca indispens minimum need carri restructur ca excess financ act distort market ca misus fund anti competit conduct privatis increas capac iron cast industri question excess capac address section vii conclud ca carri perman reduct cast capac line restructur plan part restructur carri plan capac reduc plant machineri side initi proceed commiss explain ec treati articl appli case aid packag amend consider appli commiss comment notic announc proceed aid packag declar compat common market exempt articl condit aid qualifi exempt provis clarifi commun guidelin state aid rescu restructur firm difficulti quot guidelin quot notif consid light paragraph guidelin deal aid restructur aid restor long term viabil recipi firm reason time result unaccept distort competit excess capac relev market recipi gener expect reduc capac cost benefit restructur oper reason proport restructur plan implement full commiss inform progress initi proceed commiss explain aspect aid restructur plan gave rise doubt aspect commiss express doubt condit laid guidelin met object kind time origin notif question privat investor found ca expect aid grant restructur plan implement full made difficult assess cost benefit restructur oper uncertainti aros state iron cast market overcapac ca requir dismantl capac irrevers lastli point inform suppli germani unclear suggest ca receiv aid notifi vi guidelin state restructur restor long term viabil firm reason time initi proceed commiss drew attent difficulti appli test restructur ca inform show practic restructur measur carri forecast result suppos compani loss continu thirdli express interest part privat investor guarante aid grant privatis typic case final state aid restructur oper call suspicion persist loan ca amount dem million covertli written origin notif submit german author decemb restructur plan drawn end gener term german author provid detail inform individu measur envisag plan progress implement restructur plan base assess ca carri manag consult mid object find suitabl privat investor report drew attent number problem loss market central eastern europ industri site overlarg lack effect manag structur uncertainti profit aspect suppli plant potash soda ash manufactur poor supervis financ price basi assess number short medium term measur program restructur plan drawn end implement end includ proper cost method introduc select contract monitor perform order prevent repetit case contract conclud result loss dem cost monitor mechan made ascertain focu ca core skill appli product identifi profit activ enabl ca concentr product kei compon sale reli build instal entir plant product column distil absorpt carbonis applic market rotat drum environment sector ca core skill appli market compani investig high perform filter product soda ash foundri side product line develop collabor potenti custom includ part wind power gener coke oven jet land need sold ca site cover previou area alongsid sell land design centr hall sold privat firm dem german author state aid involv concentr oper smaller area reduc intern transport cost rearrang site led irrevers reduct capac foundri begin ca employe figur fallen line plan gradual reduct workforc entail cost dem respons commiss critic lack inform futur perform german author suppli project year gt tabl gt project profit loss account ca expect oper profit dem year make pre tax profit dem dem figur return viabil sale ca bvt juli dispel commiss doubt complianc quot time time quot principl privat investor firm suspicion fund need restructur occas futur privatis prove groundless commiss doubt addit aid notifi discuss section iii aid measur notifi amend connect privatis give rise doubt reason restructur measur part implement accord plan ca result develop anticip major restructur measur plan connect privatis effort open market privatis enabl cost save made plant facil jointli parent compani circumst commiss conclud german author satisfactorili allai doubt consid section vii condit guidelin aid lead undu distort competit industri excess capac firm receiv restructur aid rule expect dismantl capac protect competitor ca oper industri plant machineri lesser extent iron cast letter german author april announc initi proceed pursuant articl treati commiss express concern evid exist time assess overcapac iron cast industri relev period germani state restructur ca plant machineri busi ca reduc capac machin hour year machin hour achiev discontinu product line includ small machin stainless steel product produc carbid technolog filter oper workforc activ engag fell perman team work labour intens plant build reduc line restructur plan drawn end staf plant machineri oper includ distribut qualiti control administr reduc share iron cast ca total turnov put dem million dem total output iron foundri remain static rel term share total sale fall tenth roughli employe ca emploi iron foundri capac iron cast industri cover product alloi alloi grei iron spheroid graphit iron cast recent inform suggest fact structur overcapac relev period end end excess capac area year european iron foundri close german länder period job lost labour intens industri wave redund end problem overcapac reflect declin product tonn tonn revers reach tonn structur overcapac continu exist begin thing reach measur restructur capac employ preced year began effect german author provid detail irrevers reduct capac made ca period refer requir guidelin order protect competitor undu distort competit ca reduc foundri capac tonn year irrevers reduct capac reason cool area work cut back reduc capac cool section bottleneck firm product cycl cast cast cool sold process cool take place sandpit ca case sandpit locat larg shed order sand dry maintain temperatur part restructur site wall built divid cool shed part shed longer cool floor concret area store mould import element product process area product reduc reduct perman return area requir consider rebuild work convers interrupt product process difficulti storag cast mould ca locat area qualifi aid pursuant articl treati guidelin commiss accept smaller reduct capac area requir firm region cover provis commiss conclud ca requir dismantl capac foundri order avoid undu distort competit perman reduct capac nonetheless carri term restructur plan commiss note reduct capac plant machineri oper condit laid guidelin respect capac capac reduct met viii aid limit minimum need enabl restructur undertaken relat cost benefit restructur excess fund remain firm follow aggress market distort polici investor expect make contribut financ restructur resourc initi proceed commiss felt question meaning cost benefit analysi carri stage reason lack inform prospect restor firm viabil reason time miss inform suppli reason suspicion addit aid grant form guarante notifi happen restructur cost greater state german author excess state aid provid explain suspicion allai time proceed initi privat investor view commiss presum ca posit make contribut ca posit chang total cost restructur ca dem includ dem exempt treuhandanstalt scheme remain dem privat investor provid dem includ assumpt liabil repay loan dem provis dem guarante capit inject dem payment dem make good inherit problem includ purchas price dem privat investor contribut amount dem remain dem met state resourc investor total contribut cover cost restructur break payment dem make good environment damag site assumpt liabil repay loan dem provis back back guarante dem capit inject dem fair contribut part investor commiss conclud condit guidelin met ix condit guidelin restructur plan implement full proceed initi investor prospect germani rule possibl made restructur plan order reach agreement investor privatis place restructur plan larg implement question longer pertin germani assur privat investor compli restructur plan complet part remain confirm investor requir submit regular report implement restructur plan futur develop ca commiss satisfi condit guidelin met initi proceed commiss rais doubt applic guidelin ca case observ ca locat area cover articl ec treati circumst fresh inform submit commiss satisfi condit applic guidelin met commiss note german author paid sum dem breach duti pursuant articl ec treati adopt decis articl aid measur beteiligung manag gesellschaft berlin mbh assist chemieanlagenbau staßfurt ag compat common market gt tabl gt articl germani submit annual report implement restructur measur accord commun guidelin state aid rescu restructur firm difficulti articl decis address feder republ germani brussel juli commiss karel van miert member commiss oj bvt group stake sodawerk staßfurt ag option remain sodawerk staßfurt manufactur soda ash sodium relat substanc share german market product share european market oj aid decemb commiss decis treuhandanstalt oper case nn aid commiss decis treuhandanstalt oper case case nn footnot oj sourc committe european foundri associ annual report sourc panorama european industri sourc committe european foundri associ annual report sourc panorama european industri state aid measur section section iii