commiss decis march aid grant french govern farm machineri manufactur st dizier anger croix intern harvest tenneco french text authent eec commiss european commun regard treati establish european econom commun subparagraph articl thereof notic parti concern submit comment provid articl regard comment repeat request commiss french govern belatedli inform commiss letter octob januari financi assist grant largest farm machineri manufactur franc aid grant order financ restructur recipi form grant ff million paid year equiti loan ff million half paid half year grace period repay rate vari cash flow undertak ceil commiss consid aid fell articl basi inform french author aid satisfi condit articl order qualifi exempt laid open procedur articl aid question letter march gave french govern notic submit comment member state inform interest parti ii french govern submit comment procedur provid articl eec treati letter august french author grant constitut except loan social region consequ employ area question tenneco french subsidiari intern harvest initi inform french author point futur french branch intern harvest product plant anger st dizier croix threat year ow difficulti beset parent compani unit state concentr activ detriment heavi agricultur equip industri face last worldwid market depress inform aid question intend financ restructur recipi start closur combin harvest plant anger unit annum job croix plant limit product cab job cut st dizier tractor assembl special manufactur transmiss group middl top rang tractor workforc job plan invest ff million remain plant st dizier croix period creat job period part procedur member state local administr bureau govern relat undertak comment commiss iii grant ff million interest subsidi grace period repay equiti loan ff million aid enabl recipi carri seri invest bear cost equiti loan interest subsidi grant year year period grace rate depend cash flow situat undertak ceil aid element stem year grace period repay differ interest equiti loan effect paid undertak refer market rate franc interest rate appli crédit nation equip loan period aid question award refer rate vari view poor result recent year current difficulti farm machineri sector assum cash flow undertak question continu year small interest rate lower market rate aid aris equiti loan difficult imposs identifi interest subsidi amount aid lack clariti factor make aid incompat common market time make imposs appli except provid articl order remedi situat commiss invit french govern occas telex octob letter decemb march furnish detail equiti loan french author simpli state repli interest equiti loan vari keep recipi futur cash flow ceil specifii relationship volum cash flow rate interest charg lack inform date loan grant cash flow relationship cash flow interest paid firm prevent commiss calcul estim aid element equiti loan circumst stem lack cooper shown french govern commiss oblig close present procedur adopt decis basi inform dispos judgment court justic juli case meura factor complex aid question explain time requir scrutin case pursu administr investig provid articl iv aid notifi commiss pursuant articl french govern fail notifi aid good time commiss unabl state view measur implement aid illeg relat commun law time oper result failur fulfil oblig aid paid recipi half equiti loan ff million grant open articl procedur aid regard illeg commun law respecct point view imper charact rule procedur laid articl import public order court judgment june case capolongo illeg aid issu remedi post illeg natur aid question due failur conform rule procedur laid articl case aid incompat common market commiss make possibl court justic judgment juli case kohlegesetz requir member state recov aid grant illeg recipi addit aid question incompat common market articl eec treati consider amount intra commun trade farm machineri sector repres commun product larg part market held multin undertak massei ferguson case brown intern harvest john deer ford invest member state worldwid invest programm achiev economi scale product plant special product product compon assembl plant locat member state consider amount trade farm machineri member state limit finish product spare part includ machin compon motor transmiss tractor cab note market character structur overcapac amount result intens competit manufactur enorm pressur price consider cut workforc industri commun belguin unit kingdom germani netherland franc period commun product tractor drop period franc itali germani unit kingdom commun averag recipi undertak market share regist tractor largest manufactur french farm machineri market export turnov ff million larg proport member state light aid question liabl affect trade member state distort competit mean articl eec treati favour undertak concern product farm machineri franc state financi aid strengthen posit undertak relat competitor commun regard affect competitor aid consider affect competit improv financi posit recipi return invest reduc cost competit advantag manufactur complet intend complet similar action expens vi articl establish principl aid featur incompat common market except principl set articl applic case charact object propos aid articl eec treati aid consid compat common market view context commun order safeguard proper function common market account principl articl treati exept principl articl set articl constru narrowli aid scheme individu award scrutin invok commiss satisfi aid market forc insuffici guid prospect recipi pattern behaviour serv object view appli except case contribut object aid end give unfair advantag industri undertak member state financi posit artifici bolster trade condit member state affect competit distort justif ground common interest set articl french govern unabl give commiss discov justif find aid fall categori except articl view consider aid question qualifi except provid articl except provid articl obviou aid measur intend promot execut project common european interest remedi disturb french economi specif aid award individu undertak agricultur equip sector design remedi type situat articl french govern reason justifi aid question articl aid promot develop area region haut marn nord factori anger main loir close invest made abnorm low standard live underemploy mean except refer articl region question form part region qualifi except aid satisfi condit articl product plant refer anger plant job shut invest programm locat area qualifi region aid addit grant ff million soft equiti loan region aid scheme aid question intend facilit develop econom area pursuant articl view present situat market prospect farm machineri award aid question distort competit extent contrari common interest aid question qualifi exempt articl region head lastli except articl respect aid facilit develop econom activ conclud aid question facilit develop undertak question facilit develop sector commun level effect contrari common interest trade member state comun farm machineri market character excess product capac chiefli due sharp drop sale year sale small medium size tractor fell ow crisi farm machineri sector consider pressur reduc price result manufactur give larg discount reduc profit margin larg commiss decid italian propos aid manufactur agricultur motor tractor form interest subsidi incompat treati pursuant articl ow increas product capac result assist invest commiss decis eec intern harvest tenneco multin undertak largest group world turnov ff million net profit ff million produc agricultur machineri compon unit state commun franc germani unit kingdom locat tenneco purchas intern harvest oper europ manufactur farm machineri unit kingdom subsidiari case plant leigh meltham take intern harvest french croix anger st dizier unit kingdom doncast german activ neuss tenneco competitor market share capac distribut system market repres europ tenneco manufactur farm machineri plant franc unit kingdom germani measur franc closur combin harvest plant special plant form part worldwid invest programm aim modern adapt tenneco capac world market reorgan carri world invest programm plant special manufactur compon product export compon site final assembl make difficult evalu consequ commun farm machineri market decis french author grant aid affect volum object programm hand shown aid question affect decis geograph distribut invest special closur product site aid measur advers affect commun subsidiari tenneco manufactur farm machineri commun award aid motiv tenneco intern harvest franc prevent greater reduct capac franc hand tenneco decid close tractor product meltham huddersfield plant unit kingdom pare oper product compon close compon manufactur plant leigh manchest lead loss job real capac cut commun french author closur anger plant job capac unit year critic minimum size tenneco consid order compet main european rival addit capac reduct commun chiefli concern util capac limit effect market capac cut introduc tenneco due sole recent market trend demand fallen consider undertak commun adjust situat fact plant special product tractor modul part export final assembl plant member state connect increas capac close combin harvest plant special site lead loss job assist invest programm ff million involv creation job industri high surplu capac approxim consider volum intra commun trade net increas worker tenneco franc conjunct product increas invest ration special programm necessarili entail increas product undertak note aid grant question invest made franc member state tenneco product plant aid question enabl recipi increas product capac sector experienc excess overcapac view difficult posit market farm machineri expect level decis approv grant ff million interest subsidi grace period repay equiti loan ff million favour intern harvest franc amount impos disadvantag competitor form unjustifi declin sale withdraw market graviti durat crisi affect farm machineri sector commun forc firm undergo major readjust state aid spite financi difficulti experienc problem pose reduct workforc call stringent restructur measur view financi situat parent compani interest implement invest programm assum market forc suffic invest ahead aid question result aid question regard help produc trend capabl offset commun standpoint distort effect trade conclud aid illeg french govern fulfil oblig articl eec treati aid satisfi condit qualifi exempt articl eec treati result aid abolish made subject recoveri order equiti loan commiss unabl quantifi aid element recov reason part iii decis duti french govern implement measur compli decis determin amount aid recov basi procedur defin commiss amount aid equal differ equip loan interest rate appli crédit nation date equiti loan question award interest rate paid intern harvest tenneco franc date decis adopt measur commun commiss month enabl verifi conform adopt decis articl aid grant french govern intern harvest tenneco franc form grant ff million interest subsidi equiti loan million equal differ market interest rate repay equiti loan illeg breach rule procedur provid articl eec treati aid incompat common market mean articl eec treati articl french govern abolish recov aid refer articl articl french govern inform commiss month measur compli decis articl decis address french republ brussel march commiss peter sutherland member commiss oj