commiss decis april aid grant germani steel compani saechsisch edelstahlwerk gmbh freital sachsen german text authent ecsc commiss european commun regard treati establish european coal steel commun paragraph articl thereof consult consult committe unanim assent council commun steel industri experienc difficult period half due gener slowdown economi signific effect industri activ gener steel industri lead imbal suppli demand accompani collaps price addit intern market gener weak pressur import trade disput unit state america affect substanti commun export market factor combin aggrav financi situat steel compani commun ii januari germani notifi commiss plan treuhandanstalt public bodi charg privat state own enterpris german democrat republ grant aid steel compani saechsisch edelstahlwerk gmbh freital sachsen hereinaft refer sew freital framework privat request applic articl ecsc treati respect aid measur approv commiss decis ecsc steel aid code hereinaft refer sac compani question found centuri held treuhandanstalt german econom monetari social unif june undertak offer sale uncondit open bid procedur applic demonstr interest acquisit sew freital talk treuhandanstalt applic concret contractu negoti conduct octob remain withdrew offer august propos consid back reliabl financi plan privat west german boschgotthardtshuett breyer gmbh hereinaft refer bgh remain sole bidder purchas contract sign decemb inter alia subject approv commiss contract sew freital sew edelstahl gmbh hold own bgh plan purchas reduct hot roll capac compani kt reduct crude steel capac kt compar situat juli comani close exist hot roll facil replac merchant bar mill capac kt part provid compani bgh free close remain crude steel facil replac electr arc furnac capac kt capac reduct accompani substanti reduct workforc privat provis includ aid element incompt ecsc treati provis sac commiss estim aid amount maximum dm million serv purpos maximum amount dm million accord cover social charg relat releas employe maximum amount dm million cover debt accumul privat maximum amount dm million treuhandanstalt pai compani repair mainten instal maximum amount dm milion treuhandanstalt guarante valuat certain asset addit invest aid maximum dm million tax allow dm million guarante cover invest loan dm million approv commiss sac iii restructur plan purchas agreement base consid viabl commiss privat investor experienc steel sector prepar risk consider amount capit investor chosen open uncondit bid procedur demonstr willing assum risk compani futur viabil aid cover purchas contract iv extrem difficult commun steel market situat endang sector member state includ germani aim provid steel industri territori german democrat republ sound econom viabl structur contribut achiev object treati articl commiss consid public financi assist measur propos germani achiev aim commiss find face situat specif provid treati except circumst recours paragraph articl treati enabl commun pursu object set initi articl thereof time essenti ensur aid approv limit absolut advers affect trade condit commun extent contrari common interest current difficulti commun steel market import adequ counterpart measur commensur amount aid exception approv major contribut made structur adjust requir sector capac reduct envisag plan requir closur definit irrevers capac concern longer depress commun steel market close instal scrap sold europ addit increas remain capac crude steel hot roll finish product result product improv period year start date capac closur payment aid respect invest plan whichev order ensur long term real effect reduc current imbal suppli demand commun steel market essenti timet closur set restructur plan compli vi ensur restructur period aid approv enabl compani return viabil aid amount strictli context ensur compani result financi restructur measur obtain unfair advantag compani sector provid outset net financi charg annual turnov current averag commun steel compani requir compani legal successor allow claim grant tax reduct relief past loss cover aid addit loan normal commerci condit preferenti treatment accord fresh public debt incur vii implement decis requir strict monitor commiss restructur period end order carri monitor effect commiss requir full close collabor germani clear strict report oblig impos particolar element requir close attent reduct capac grant aid present privat plan sourc term condit financ period plan invest carri reduct workforc product effect market financi perform commiss submit monthli report council inform develop ensur aid purpos unfair competit practic addit commiss requir spot check made accord articl ecsc treati order verifi inform provid complianc condit attach author aid context member state make complaint commiss state aid enabl compani underpric commiss initi investig pursuant articl ecsc treati commiss basi inform provid find condit laid decis pursuant articl met requir suspens payment aid recoveri aid paid event member state fail compli decis articl ecsc treati appli commiss decid report quarterli basi decid mandat independ consult select agreement germani assist monitor task commiss exercis power ensur aid compani fulfil condit decis includ progress viabil oblig result applic ecsc treati monitor report substanti deviat financi data viabil assess made commiss requir measur reinforc restructur measur viii decis pursuant articl ecsc treati author state aid extraordinari charact provis articl inview commiss exception author aid propos case subject observ condit requir lai aid involv intend restor compani viabil end regard final return viabil achiev date germani request derog pursuant articl compani adopt decis articl maximum amount aid germani plan grant saechsisch edelstahlwerk gmbh freital sachsen regard compat orderli function common market provid condit requir articl met amount dm million cover social charg relat releas employé mount dm million cover debt accumul privat amount dm million repair mainten instal amount dm million treuhandanstalt guarante valuat asset aid calcul enabl compani return viabil end case viabil attein date germani request derog pursuant articl ecsc treati compani aid purpos unfair competit practic prejudic aid measur refer articl privat plan loan compani normal commerci term beneficiari compani receiv debt holidai friendli treatment debt state articl definit closur product capac carri exist mill hot roll semi finish product capac kt medium section mill capac kt light section mill capac kt close replac merchant bar mill capac kt part move bgh plant siegen exist crude steel product facil capac kt close replac electr arc furnac capac kt capac closur achiev end latest final closur refer paragraph ensur demolit instal concern dispos sale europ beneficiari compani increas remain capac crude steel hot roll finish product result product improv period year start date capac closur plan date payment aid respect invest plan whichev articl approv aid outlin articl addit subject condit level net financi charg compani set annual turnov date privat compani legal successor claim grant tax reduct relief basi past loss cover state aid beneficiari compani carri restructur measur laid restructur plan submit commiss accordanc timet contain articl germani cooper fulli arrang monitor decis germani suppli commiss year march septemb report full inform accord enclos annex beneficiari compani restructur report reach commiss march report septemb commiss decid report full inform commiss monitor restructur process creation capac show suffici financi data commiss assess condit requir fulfil report full inform accord annex commiss reserv modifi line experi monitor process germani oblig beneficiari compani disclos relev data circumst consid confidenti commiss basi report draw half yearli report submit council novemb order discuss council beneficiari compani envisag invest creat extend capac commiss inform council basi report present financ arrang demonstr absenc state aid articl commiss time decid report refer articl quarterli basi deem fulfil monitor task commiss time decid mandat independ consult select agreement germani evalu monitor result undertak research report council commiss check made aid compani accord articl ecsc treati order verifi accuraci inform report refer articl complianc condit laid decis case member state make complaint state aid enabl aid compani underpric commiss initi investig pursuant articl ecsc treati assess report refer articl commiss ensur requir articl respect articl prejudic penalti impos virtu ecsc treati commiss requir suspens payment aid recoveri aid paid basi inform receiv time find condit laid decis met germani fail fulfil oblig decis articl ecsc treati appli commiss establish basi report refer articl substanti deviat financi data viabil assess made occur requir germani measur reinforc restructur measur aid compani articl decis adress feder republ germani brussel april commiss karel van miert member commiss oj annex commiss inform requir capac reduct date expect date cessat product date expect date dismantl instal concern instal sold date expect date sale ident countri purchas sale price invest detail invest realiz date complet cost invest sourc financ sum relat aid involv date aid payment workforc reduct number time job loss total cost breakdown cost financ product market effect monthli product crude steel finish product categori product sold includ volum price market financi perform evolut select kei financi ratio ensur progress made viabil financi result ratio provid allow comparison compani financi restructur plan level financi charg detail time aid receiv cost cover term condit loan irrespect sourc privat sell price treatment exist liabil dispos proce sale date sale financi posit compani time sale creation compani plant incorpor capac extens ident privat public sector particip sourc financ creation compani plant term condit privat public sharehold particip manag structur compani defin commiss decis ecsc oj