commiss decis june state aid grant germani cda compact disc albrecht gmbh thuringia notifi document number german 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 interest parti opportun submit comment pursuant articl ec treati articl council regul ec lai detail rule applic articl ec treati procedur respons report press commiss wrote germani octob inform state support plant manufactur cd albrecht thuringia letter date novemb german author notifi aid grant land govern thuringia bavaria pilz albrecht gmbh pa albrecht thuringia pilz group kranzberg bavaria case initi regist number letter date novemb commiss ask detail inform german author elabor notif letter date march measur treuhandanstalt tha thuringia bavaria clear inform substanti amount aid grant notif case reregist number nn letter date august octob novemb commiss ask addit question german author answer letter date august august januari april februari septemb meet held brussel erfurt repres commiss german author letter date januari german author submit summari comment case base outcom meet commiss repres erfurt letter date juli commiss inform german author decis initi formal investig proceed articl ec treati regard aid question enclos detail questionnair commiss decis initiati proceed publish offici journal european commun notic interest parti invit submit comment aid question commiss receiv comment time limit laid decis subsequ receiv comment cda datenträg albrecht gmbh cda interest part letter date juli receiv juli juli receiv juli august receiv august octob receiv octob germani react notic decis initi proceed letter date august doubt aros misus fund octob meet held brussel repres commiss german author letter date novemb submit inform compani question letter date march april april provid inform fail answer question put commiss requisit care letter date juli commiss remind germani answer question set deadlin august deadlin extend respons request letter date juli meet held repres commiss german author brussel septemb author inform letter date septemb octob fact comment opinion receiv formal investig proceed initi shed light extent misus fund modu operandi cash concentr system pilz group gap remain misus fund compani make pilz group document present fact purpos financi measur aid question grant set plant manufactur cd cd box accessori albrecht thuringia assist area pursuant articl ec treati decemb veb kombinat robotron dresden hereinaft refer quot robotron quot mr reiner pilz manag pilz group compani kranzberg bavaria sign joint declar intent set plant manufactur cd joint ventur februari basic joint ventur agreement conclud robotron pilz gmbh amp beteiligung kg kranzberg bavaria hereinaft refer quot pbk quot robotron third share pilz share result pilz amp robotron gmbh amp beteiligung kg de facto manag director mr reiner pilz august joint ventur princip pilz gmbh amp construct kg gener contractor sign contract set brand turnkei plant product equip inclus price dem robotron ag legal successor robotron wound tha pbk share joint ventur novemb compani headquart transfer albrecht pa found subsidiari pilz gmbh amp compact disc kg kranzberg share pbk previous transfer purpos compani oper cd manufactur plant set compani integr pilz group central cash manag system outset compani subsequ encount major difficulti result product halt restart time addit german author discov mr pilz account expenditur set plant manipul contractu ti pilz group subsequ dissolv march juli insolv proceed initi respect asset pilz group domest compani commiss knowledg pilz group emploi staff bankruptci includ albrecht balanc sheet figur profit loss account similar document pilz group submit commiss mr pilz sentenc long prison term fraudul bankruptci offenc crimin proceed subsidi fraud pend restructur agreement conclud march share pa worth dem million acquir thüringer industriebeteiligungsgesellschaft quot tib quot thüringer aufbaubank quot tab quot retroact effect januari octob compani oper cda compact disc albrecht gmbh hereinaft refer quot cd albrecht quot attempt owner consolid busi oper attempt privatis compani fail cd albrecht fix current asset technic market organis subsequ acquir effect januari mediatec datenträg gmbh quot mtda quot wholli own subsidiari tib found time cd albrecht chang lca logistik center albrecht gmbh lca mtda cda datenträg albrecht gmbh quot cda quot main centr activ longer market music cd accessori product high perform data storag media record cd cd rom dvd lca continu land compani oper exist build technic infrastructur logist instal agreement conclud lca cda exchang servic leas contract annual rent dem servic contract worth dem million year depend volum busi gt pic file quot en ep quot gt volum invest total cost invest set cd plant albrecht includ develop cost dem million initi put dem million breakdown financ project gt tabl gt addit contract date partner joint ventur agre expand manufactur capac cd cd box inclus price dem million deliveri servic agre addit contract financ gt tabl gt total volum invest dem million public financi measur start phase tha grant defici guarante dem million cover major part loan robotron ag joint ventur tha requir meet guarante respect amount dem million restructur agreement march amount dem million waiv decemb pa receiv invest grant freistaat thuringia total dem million st framework plan joint scheme improv region econom structur grant accru indirectli pilz group central cash manag system amount compris grant dem million start invest made juli grant dem million capac augment invest addit agreement mention recit part land bavaria contribut financ project bayerisch landesanstalt für aufbaufinanzierung quot lfa quot invest allow dem dem give total dem high level region aid grant dem million dem million bank consortium loan lfa grant defici guarante origin envisag march guarante call time amount dem million lfa waiv legal claim repay amount guarante call time juli time full amount pbk insolv lfa subsequ creditor compani legal subrog public financi measur connect establish cd plant amount initi dem million gt tabl gt financi measur connect restructur compani present dai earli octob tab grant pa dem million interest bear loan cover liquid shortfal march grant dem million loan enabl compani repai loan secur tha german author loan accru directli pilz kranzberg joint cash manag arrang pa pilz group extens investig german crimin prosecut author relev account oper transpar tab tib paid total dem million connect takeov firm march amount dem million paid tib purchas share pbk dem million paid pa capit reserv share pa worth dem million purchas tib tab retroact effect januari april tib grant firm liquid loan dem million basi contract date march freistaat bavaria act lfa grant firm loan dem million decemb grant loan dem million june lfa grant dem million oper loan pilz group intend bridg loan cover period time investor bui joint ventur found addit pa meantim chang cd albrecht receiv dem million liquid loan tab octob loan paid cd albrecht accru indirectli pilz group joint cash manag system commiss awar compani receiv financi aid januari tab grant dem million loan overview financi measur connect restructur compani gt tabl gt german author payment gener consider interest rate advantag total dem million end basi agreement date novemb tab assum lfa claim compani total dem million payment dem million part tab waiv claim cda albrecht amount excess expenditur acquisit dem million assum inform complet fund total dem million paid connect set joint ventur establish oper restructur cd plant albrecht takeov fix current asset mtda amount includ financi transact involv takeov cd albrecht asset oper mtda german author mtda takeov cd albrecht activ busi simultan chang cda form routin asset purchas price fix asset establish dem million assess current market current asset valu dem million end total purchas price dem million paid mean assumpt liabil contribut consortium privat bank addit mention loan privat bank consortium waiv claim dem million german author grant dem million loan pilz group public assist commiss decis initi proceed articl ec treati decis initi proceed articl ec treati commiss express doubt compat common market aid notifi unlawfulli disburs decis reserv invest grant made joint scheme improv region econom structur invest allow compli set horizont commun guidelin state region aid serv offset loss contribut econom develop region question creat job german author aid grant scheme approv gesetz über die übernahm von staatsbürgschaften und garantien de freitstaat bayern commiss doubt condit oblig aid scheme met commiss reserv aid grant tha compli commiss decis tha activ set joint ventur establish product plant regard typic privatis measur rest felt investig german crimin prosecut author suggest aid misus recipi basi inform commiss examin case light exempt provid articl ec treati quot aid facilit develop econom activ econom area aid advers affect trade condit extent contrari common interest quot light quot guidelin state aid rescu restructur compani difficulti quot doubt loan guarante met criteria rescu aid connect receiv indic restructur plan exist guarante compani long term viabil restor commiss consid aid limit strict minimum principl aid observ criteria approv restruct aid regard met commiss object lack inform enabl check compat articl ec treati aid joint ventur possibl aid grant connect set mtda cda expressli ask german author provid document inform data requir examin compat aid common market comment cda belat comment cda request legal hear interest parti formal investig proceed main object inclus proceed cda submit receiv aid subject present proceed unconnect lca found independ wholli own subsidiari tib part market driven commit tib oper market cda claim benefit state aid connect takeov asset lca fix current econom asset acquir lca obtain payment market price current fact cda oper land belong lca constitut aid cda pai lca proper consider logist servic land line market condit comment germani comment notic decis initi proceed german author argu set albrecht plant regard establish compani hive robotron ag involv allianc substanti partner aim project bring robotron date latest technolog data storag media fact legal independ compani form joint ventur affect inclus liquid remit tha german author state set joint ventur basic commerci contract serv precis save pilz group difficulti bankruptci decemb servic legal standpoint suppli joint ventur albrecht accru econom standpoint indirectli pilz group kranzberg joint cash manag system incom establish albrecht plant cover pilz group oper loss adjust total dem million made annual account result manipul pilz valuat fix asset annual account adjust dem million made claim pilz group econom situat unenforc loan grant oper capit channel pilz kranzberg central cash manag system german author neg final decis coupl demand repay legal admiss sentenc articl regul ec recoveri aid requir contrari gener principl commun law principl proportion principl german author argu present case atyp expressli cover commun guidelin restrict commiss margin discret account crimin injuri incur lca legal successor cd albrecht compar compani benefit receipt aid busi activ competitor impair neg decis correct effect competit investig scale misus fund appar inform suppli german author knew earli march massiv misus fund occur numer request commiss german author fail provid complet date inform aid put pilz organis pilz group cash concentr system commiss decis initi formal proceed articl ec treati necessarili base provision incomplet posit assum publicli secur loan grant octob invest grant made joint scheme improv region econom structur signific proport tax allow channel cash concentr system commiss conclud time aid mix fund bank loan fund part longer identifi origin investig misus fund put enorm difficulti involv establish misus fund spent extens investig german crimin prosecut author pursuit legal claim german author present dai lca mr pilz son relat fund precis specif financi event pilz group commiss awar fund cash concentr system organis publicli secur loan subject formal proceed initi grant lca predecessor cd albrecht paid instal directli gener contractor respons set cd plant pilz gmbh amp construct kg quot albrecht consortium quot fund disburs basi monitor audit firm instruct confirm bank fund releas good servic paid pilz gmbh amp construct kg compani compani compani small proport fund meet claim bulk monei accru pilz group respect numer invoic present machineri plant good servic intend pa cd plant suppli instal plant case manipul uncov special check audit firm amp treuarbeit deutsch revis review invest econom respons tib tab inform suppli german author find agre dem million sharehold contribut paid pbk pbk liabl requir contribut valuabl asset compani form good servic suppli connect set plant pass pa paid gener subcontractor excess high price liabil aros pa fix asset significantli exceed actual fix asset valu liabil partial waiv restructur agreement march dem million dem million oper loan grant octob march accru pilz group joint cash manag system oper pa true dem million structur agreement septemb octob paid pa product carri pilz group pai result loan benefit sole pilz group dem million loan grant decemb support pa tab meet liabil vi vi lfa octob dem million waiver dem million serv bring liabil level mention reason estim proport aid firm liabil basi hypothet consider complet chain evid show amount constitut aid measur german author recov misus fund misus aid accru pilz group form publicli secur loan invest grant allow domest pilz compani bankrupt divis asset lca legal successor cd albrecht notifi claim compani total dem million interest claim receiv immedi acknowledg amount dem amount appar account pilz gmbh amp compact disc kg pa parent compani claim met bankruptci proceed complet pro rata basi prioriti creditor receiv state fund usabl asset time notifi claim met notic juli thuringia demand repay cd albrecht gmbh invest grant joint schemer ga total dem notic legal enforc grant fact accru firm albrecht pilz group person pilz famili claim payment made cd albrecht gmbh addresse repay notic justifi claim call mr pilz account view fact liabl privat asset notic demand repay invest allow total dem interest dem issu total year intens investig feder crimin offic led charg fraud brought connect misus grant made joint scheme separ case relat grant tax allow invest crimin proceed initi proceed landshut district court bavaria mr reiner pilz sentenc year imprison case fraud breach public trust appeal sentenc quash feder suprem court septemb sentenc acquir forc law assess aid grant germani joint ventur legal successor public fund distort competit intern market place recipi firm posit financ oper invest larg public fund situat advers affect trade member state measur fall scope articl ec treati contravent articl ec treati aid thuringia bavaria tha grant larg part notifi entireti commiss adopt decis aid classifi unlaw provid cover scheme authoris commiss aid examin light gener rule grant state aid aid hoc aid determin derog provid ec treati applic grant busi invest plant made elig area germani joint scheme tax allow invest constitut state aid region polici purpos mean articl ec treati articl eea agreement region aid grant sole disadvantag area design specif purpos develop area promot invest attract firm creat job context long term sustain develop doubt voic commiss start articl proceed invest allow accord approv scheme larg confirm measur land thuringia investig german crimin prosecut author exchang good servic total dem million compani pilz group entir invest plan receiv assist infring prohibit aid financ invest good compani time invest grant dem million made basi joint scheme invest allow act inconsist programm deem cover region aid total dem million grant land thuringia channel pilz group cash concentr system regard incompat aid recov examin thuringian ministri econom affair evid aid repay notic issu cd albrecht juli respect dem million amount dem million recov measur land bavaria lfa commiss request inform made proceed initi german author fail provid suffici detail inform ensur proper examin state guarante dem million provid land bavaria accord articl ec treati dispel commiss doubt law chang defici guarante increas amount cover dem million dem million legal basi guarante cite richtlini für die übernahm von staatsbürgschaften im bereich der gewerblichen wirtschaft guidelin grant state guarante industri commerc approv commiss guidelin loan financ invest construct expans convers modernis rationalis plant secur specif land interest plant locat bavaria parti entitl submit applic put amount fund financ plan secur financ plan give rise likelihood loan princip interest repaid time clear measur essenti serv financ invest subject aid applic investor make contribut fund financ invest cost addit german author statement publicli secur loan explain essenti econom benefit sole compani pilz group lead conclus aid misus conclud aid invest project involv set cd plant entir pilz group busi misus mean articl ec treati aid compli treati provis revok recov german author invest grant basi gemeinschaftsaufgab investitionszulagegesetz total amount dem million german author inform commiss step requir german law recov aid bankruptci proceed pilz group context waiver repay dem million loan deem incompat relev fund recov dint grant legal basi measur tha decis initi proceed commiss express misgiv tha guarante dem million dem million call cover treuhand scheme approv commiss target typic measur privatis firm belong tha doubt increas proceed result statement made mr henzler manag director robotron ag appoint tha german judici author object begin wind robotron split small firm privatis invest magnitud fit plan robotron ag forc loan dem million order pai contribut ran counter commerci principl main partner robotron compet area cd state robotron sign contract condit pilz bui back share robotron plant complet nomin price includ bank interest tha guarante dem million incompat term competit law european commun dem million amount call dem million recov amount paid compani measur connect restructur compani measur compris tab takeov novemb lfa claim compani total dem million payment dem million subsequ waiver total amount dem million waiver regard state aid claim aros time compani privat hand connect misus fund cash concentr system pilz group compani subsequ acquir tib tab insolv practition waiv discharg claim reason time clear claim enforc worthless econom term waiver actual state affair confirm formal decis takeov fix current asset mtda german author mtda takeov substanti part cd albrecht activ busi simultan chang cda form routin asset purchas price fix asset put dem million mean assess current market current asset price dem million basi book end total purchas price dem million met assum liabil commiss consid mtda acquisit cd albrecht oper main asset constitut state aid econom asset transfer valu basi number neutral opinion sworn publicli appoint expert fix current asset transfer market transact relev state aid measur consolid compani situat extent measur serv consolid situat present dai lca econom respons tib tab articl ec treati legal basi aid compat common market provis commiss approv quot aid facilit develop activ aid advers affect trade condit extent contrari common interest quot end appli commun guidelin state aid rescu restructur firm difficulti restructur aid restor long term viabil recipi firm requir restructur plan ensur firm competit long term surviv state aid plan commiss consid aid constitut oper aid design offset loss permit firm viabil restor unaccept advers effect competit commun restructur plan precis firm long term profit restor firm posit cover cost gener minimum return capit invest decis initi articl proceed commiss instruct germani vain suppli inform requir restructur plan decis reach basi inform inform commiss aid grant viabl restructur plan involv specif oper measur commiss conclud measur posit outcom determin firm long term viabil health restor reason time scale basi realist assumpt futur oper condit stress financ lca provision privatis financ order busi commiss conclud condit laid guidelin met restructur aid dem million grant lca approv recov reimburs aid base assumpt case aid measur unlaw incompat common market effect competit restor regul ec articl quot neg decis case unlaw aid commiss decid member state concern measur recov aid beneficiari quot commiss decid germani recov aid beneficiari regard recent affect beneficiari aid commiss consid defin extent oblig recov aid accord commiss practic case law court justic european commun aid recov undertak benefit beneficiari subsequ sold simpli renam aid recov purchas person benefit transact irrespect circumst relev sum account condit sale respect conflict principl nation law stand full applic commun law present decis concern aid grant pa pbk joint ventur commiss consid order implement properli commiss decis requir recoveri state aid member state behav privat creditor care member state exercis collect thing tax social secur debt domest law appli favour appli claim made pure domest law collect render imposs extrem difficult gener principl mean member state seek collect debt mean take measur enforc claim asset debtor seek liquid debtor undertak undertak unabl repai debt collect debt member state act ordinari creditor seek ensur danger collect debt contest annul make mean domest law provis govern fraud expens creditor suspect agreement prior insolv proceed liquid result insolv proceed undertak remain asset sold rais problem sale take place supervis liquid requir seek result interest creditor proce sale asset satisfi claim proce sale asset suffici pai undertak debt ensur full repay liquid import term competit compet undertak suffer injuri result incompat state aid opportun fill gap market left liquid undertak bui asset sold view effici order prevent evas decis ensur distort competit elimin commiss duti requir recoveri proceed confin initi recipi extend includ undertak continu busi initi undertak transfer product plant aspect transfer side busi fact continu exampl consider kind transfer asset liabil staff consolid asset purchas price ident sharehold owner initi undertak buyer time transfer take place investig begun initi formal investig procedur adopt final decis commerci charact transfer object effect proceed asset reach commiss decis contradict commiss duti prevent evas decis duti member state ensur oblig impos commiss decis compli present case lca cda take advantag aid form grant pbk joint ventur pa asset infrastructur compani continu activ pbk joint ventur pa commiss consid make clear decis term quot recipi quot includ pbk joint ventur pa lca cda undertak pbk joint ventur pa asset transfer transfer evad consequ decis conclus commiss regret germani grant aid contravent articl ec treati decis factor commiss assess fact state aid grant purpos set cd plant albrecht consolid firm situat fact financi benefit compani belong pilz group extent misus mean articl ec treati detail consist aid measur dem million land thüringen total dm million lfa dm million tha total amount aid dem million end rescind recov dem million aid grant restructur cd albrecht legal successor lca cda incompat provis treati german author hitherto fail submit restructur plan design enabl firm long term profit restor condit set guidelin restructur aid restor firm long term viabil health reason time scale basi realist assumpt futur oper condit deem met addit privat investor present dai lca cda privat contribut made result determin restructur effort proportion aid grant aid grant approv derog provid articl appli restructur aid unlaw incompat aid paid pbk joint ventur pa recov addit abovement aid recov lca cda compani direct legal successor pbk joint ventur pa benefit asset take advantag aid grant compani final aid recov undertak pa joint ventur pbk asset transfer transfer evad consequ decis recoveri aid made accord german law includ provis interest due late payment amount ow govern interest run date award aid jurisprud court justic recoveri aid impli provis appli recoveri requir commun law render practic imposs procedur difficulti regard implement measur influenc law adopt decis articl dem million aid grant pilz gmbh amp beteiligung kg pilz amp robotron gmbh amp beteiligung kg pilz albrecht gmbh germani establish oper consolid cd plant albrecht thuringia pilz group amount consist dem million freistaat thüringen dem million freistaat bayern dem million treuhandanstalt wrong constitut misus aid mean articl ec treati aid incompat treati aid total dem million restructur cda compact disc albrecht gmbh incompat provis ec treati pursuant articl thereof articl germani measur recov respect beneficiari aid refer articl unlawfulli made recoveri effect accord procedur nation law sum recov bear interest date made beneficiari actual recoveri interest calcul basi refer rate calcul grant equival region aid purpos articl term quot beneficiari quot includ cda datenträg albrecht gmbh lca logist center albrecht gmbh undertak pilz gmbh amp beteiligung kg pilz amp robotron gmbh amp beteiligung kg pilz albrecht gmbh asset infrastructur transfer transfer evad consequ decis articl germani inform commiss month notifi decis measur put effect result produc articl decis address feder republ germani brussel june commiss mario monti member commiss oj oj footnot valid end dem million start base dem million restructur dem million tab lfa takeov claim million tab waiver claim dem million dem million liabil supplier tab loan dem million treuhand scheme nn oj case franc commiss ecr confirm join case germani pleuger worthington commiss ecr twenti sixth framework plan addit pursu claim context bankruptci proceed land thuringia seek compens civil case thuringia reiner pilz appeal proceed intermedi court appeal olg munich thuringia pilz appeal feder suprem court ix zr thuringia reiner pilz preliminari proceed munich district court betriebsgeheimni landgericht mülhausen js staatsanwaltschaft mühlhausen js order bavarian ministri financ august state aid nn letter septemb sdg state aid letter decemb sg publish state aid case nn commiss letter date sg footnot commiss notic iritecna oj decis ec oj join case spain commiss ecr point articl gatt agreement subsidi oj case itali commiss ecr refer case franc commiss ecr confirm joind case germani pleuger worthington commiss ecr case itali commiss ecr point letter commiss member state sg case belgium commiss ecr footnot