commiss decis januari state aid grant germani hirschfeld leinen und textil gmbh hiltex 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 call interest parti submit comment pursuant provis cite regard comment procedur letter date april regist april germani inform commiss restructur aid hirschfeld leinen und textil gmbh hiltex letter date commiss inform germani initi procedur laid articl ec treati respect ad hoc aid grant hiltex time germani ask provid suffici inform data commiss assess aid dem million compli term approv aid scheme claim grant commiss decis initi procedur publish offici journal european commun commiss invit interest parti submit comment aid commiss receiv comment interest parti june germani inform commiss hiltex declar bankrupt contact establish owner linen product uniwear asia letter date septemb germani respond inform injunct contain initi formal investig procedur state aid claim award approv aid scheme reduc dem million submit inform aid measur letter date februari commiss inform germani decid extend formal investig procedur aid basi inform submit cover approv aid scheme commiss decis extend procedur publish offici journal european commun commiss invit interest parti submit comment aid commiss receiv comment interest parti letter receiv april germani respond extens formal investig procedur letter germani inform commiss grant dem million restructur aid bankrupt compani amount cover decis ii descript relev undertak hiltex flax textil spin mill locat hirschfeld saxoni assist area pursuant articl ec treati produc middl fine spun linen yarn long linen yarn linen tow yarn linen yarn technic household home textil outer garment enterpris found oper german democrat republ form volkseigen betrieb state own corpor veb vereinigt leinenindustri grosspostwitz inform submit treuhandanstalt tha set restructur compani decemb hiltex incorpor schröder amp partner gmbh amp manag kg mkg compani privatis invest carri invest total dem million carri indic invest financ initi extens formal investig procedur germani inform commiss hiltex employe turnov dem million asset dem million hiltex workforc turnov dem million asset dem million call tender decemb hiltex privatis dem uniwear trade belong uniwear sa belgium uniwear group manag mr jvan bontognali mcc credit commerci moyen term mcc acquir share dem inform provid germani potenti investor shown interest subsequ withdrew structur time privatis decemb hiltex emploi peopl turnov dem million balanc sheet total dem million mcc base ireland emploi peopl asset eur annual turnov eur decemb uniwear group emploi peopl turnov eur million balanc sheet total eur million figur decemb structur gt pic file quot en tif quot gt structur compani structur uniwear group chang increas employe turnov asset manag report januari uniwear group acquir share pex plc unit kingdom sock manufactur share australia slinkskin compani specialis treatment skin septemb retroact effect juli mcc sold share hiltex uniwear asia belong uniwear group manag mr jvan bontognali hiltex own uniwear group manag report novemb retroact effect januari uniwear group sold uniwear trade uniwear asia ground quot hiltex receiv subsidi expect due size uniwear quot structur june uniwear trade chang linen product uniwear asia integr kei corpor ventur group virgin island main sole sharehold mr jvan bontognali data group made exact date compani join group unknown germani state autumn manag personnel relationship uniwear group impli time relationship uniwear group exist fact hiltex owner sold novemb note juli mr de poorter manag uniwear group act manag hiltex connect commiss note busi relationship hiltex uniwear group subsidiari ly liev wetspun linen produc base belgium hiltex act sale agent ly liev product germani ly liev store machineri hiltex acquir compani macki intern sharehold uniwear group payment machin uniwear asia uniwear group intend increas hiltex capit dem million commiss note hiltex sold brand product manufactur ly liev inform submit ly liev irrevers close plant facil hiltex market share inform provid effect june nomin capit hiltex increas dem million uniwear asia contribut dem million uniwear group dem million capit increas dem million plan end capit increas uniwear asia share dem million uniwear group share dem million linen product share dem million hiltex respons initi formal investig procedur germani state capit increas place uniwear group held hiltex germani uniwear group file bankruptci june hiltex file bankruptci juli manag hiltex linen product uniwear asia kei corpor ventur mr jvan bontognali disappear restructur inform injunct unclear restructur start inform submit state tha initi restructur compani prior privatis state restructur start sharp fall demand price led drop turnov amend restructur plan place oblig privatis contract revis restructur plan submit commiss cover period decemb june hiltex close oper uniwear group order main supplier fine linen yarn europ purpos hiltex bought machineri macki intern intend enlarg rang natur fibr produc wool silk cotton linen hiltex concentr product fine yarn whilst coars yarn import china market hiltex purpos uniwear group acquir spin mill china intend acquir spin mill brazil core element restructur plan move current product site year build modern industri park intend reduc intern transport cost optimis oper activ machineri acquir suppos improv effici reduc materi cost personnel energi expenditur facil treat wast water reduc energi water expenditur hiltex expect increas sale tonn year tonn year germani realis increas capac commiss note hiltex suppos market share ly liev produc tonn year tabl show invest measur includ plan posit realis tabl gt tabl gt decis initi formal investig procedur commiss note plan restructur measur implement intend germani due financi problem part acquir result construct product site start germani conced meant year delai hiltex sale forecast break point deem germani hiltex reduc capac long flax yarn tow yarn tonn year tonn year reduct tonn year plan implement plan period capac increas regard long flax reduc regard tow yarn germani total product capac reduc inform submit germani hiltex acquir machin purchas uniwear group scrap machin inform exist machin product purpos machin acquir germani drew attent cost reduct achiev restructur expans intern market specialis fine spun yarn expect lead medium term improv oper result break point reach germani hiltex compet market merit commiss note juli hiltex file bankruptci commiss inform state implement measur break point achiev cost restructur cost restructur period financi measur plan cover cost detail tabl present germani tabl gt tabl gt financi commit public author inform submit germani hiltex benefit set financi measur tabl provid germani show financi measur assist hiltex amount round financi measur grant tabl gt tabl gt financi measur grant privatis tabl gt tabl gt financi measur grant tabl gt tabl gt decis initi formal investig procedur commiss note hiltex receiv financi assist promot project feder ministri food agricultur forestri amount dem measur due small amount measur includ tabl financi measur grant context amend financi oblig deriv purchas contract tabl gt tabl gt respons inform injunct germani explain hiltex declar bankrupt measur origin amount dem million measur origin amount dem million partial paid respons extens formal investig procedur germani explain measur implement amount includ total tabl modifi reflect actual payment privat commit commiss note view chang corpor relationship insuffici inform provid imposs determin consid hiltex investor inform submit point contradictori describ uniwear group investor time includ uniwear asia linen product investor inform form amount origin investor contribut contradictori mislead term inform submit investor contribut restructur hiltex consist item capit increas dem million origin cash contribut kind machineri uniwear group subsequ cash uniwear asia directli transmit hiltex idra consult payment machin acquir macki intern inform submit initi formal investig procedur amount paid bank account bahama instruct transfer idra consult inform submit germani capit increas place commiss inform current locat monei capit increas uniwear group dem million includ interest dem million germani waiver corpor loan origin amount dem million grant hiltex group inform submit state loan directli transmit macki intern return machin state properti uniwear group leas hiltex capit increas form grant dem million dem million provid uniwear asia dem million uniwear group dem million linen product germani total amount dem million effect paid invest credit dem million germani contract award credit sign paid loan cover liabil amount dem million germani grant inform submit mention loss cover origin amount dem million dem million indic origin effect view dem million effect paid favour hiltex market analysi market linen yarn compris weav plant dress fabric weav mill home textil manufactur technic articl segment influenc dress fashion trend rais price linen yarn home textil manufactur switch yarn inform provid germani hiltex sell product germani remain member state germani support assumpt restor long term viabil short market analysi european market linen yarn undergo restructur process rate capac utilis fluctuat previou year high demand trend show prefer high qualiti fine spun yarn market segment hiltex oper develop capac europ germani tabl gt tabl gt hitherto upturn downturn altern year cycl boom demand place supplier expect similar develop regard technic articl inform provid germani market declin year iii comment germani respons initi formal investig procedur germani state relev inform hiltex sme statu submit germani gave detail aid measur inform commiss implement germani state measur made hiltex constitut aid cover aid scheme approv commiss respons extens formal investig procedur germani submit data compani year provid inform aid allegedli grant approv aid scheme iv assess part initi formal investig procedur germani request mean inform injunct provid commiss month inform assess measur investig decis extens formal investig procedur note question contain inform injunct remain unansw spite measur inform submit respons inform injunct remain insuffici dispel doubt express commiss open formal investig procedur extens commiss base assess inform aid beneficiari latest inform submit hiltex qualifi sme inform injunct view hiltex relationship uniwear group subsequ kei corpor ventur group commiss conclud aid beneficiari hiltex qualifi sme privatis time privatis decemb hiltex consid qualifi sme mean commiss recommend april definit sme uniwear group hold share time larg undertak independ criterion fulfil hiltex qualifi sme decis initi formal investig procedur commiss point retroact sale hiltex novemb order enabl compani benefit region aid ceil allow sme constitut circumvent sme criteria commiss recommend april definit sme order verifi fulfil threshold laid qualifi sme refer year consid approv account period hiltex benefit aid grant ceil allow sme measur refer year clarifi statu explain decemb hiltex integr uniwear group qualifi sme current statu linen product uniwear asia integr kei corpor ventur group absenc data group determin hiltex qualifi sme owner linen product uniwear asia sold novemb state aid mean articl ec treati decis initi formal investig procedur commiss view financi measur constitut state aid measur deriv directli indirectli state resourc threaten distort competit affect trade member state confer compani advantag obtain privat investor light difficulti germani contest regard measur decis extend formal investig procedur commiss point state intervent measur compani liber charg born resourc hiltex obtain advantag respect competitor view difficulti receiv privat investor advantag threaten distort competit affect trade common market regard aid mean articl ec treati measur commiss note decis extend formal investig procedur provid suffici inform determin state discretionari power select compani benefit grant germani provid inform respect commiss conclud gener measur measur regard state aid mean articl aid germani claim grant approv aid scheme germani claim measur grant aid scheme approv commiss commiss doubt measur compli term approv aid scheme germani grant issu inform injunct basi articl council regul ec call germani submit data document inform enabl commiss decid aid germani claim grant approv aid scheme effect compli term scheme decis extend formal investig procedur commiss conclud measur grant privatis cover tha regim scheme state liquid compani costli option econom point view tha bv decid sell compani neg price sale notifi assess commiss compani emploi employe hiltex emploi peopl time privatis price dem million paid deem neg view financi engag dem million public author sale notifi aid measur grant privatis deem cover scheme commiss found measur compli term approv aid scheme promot employ context amp project constitut exist aid assess remain measur germani claim award approv aid scheme found constitut aid commiss conclud term scheme allegedli award compli case measur extens formal investig procedur germani submit inform prompt commiss revis view part measur direct invest grant invest allow award region invest aid scheme ceil sme latest inform submit hiltex qualifi sme privatis germani conced hiltex receiv excess region aid privatis germani state excess partial repaid grant measur commiss inform amount aid exceed provis approv aid scheme evid provid excess amount region aid fulli reimburs interest paid period excess allegedli repaid commiss conclud total amount aid compli approv aid scheme measur waiver repay loan germani state waiver relat loan dem million grant mkg privatis loan notifi commiss provis tha regim germani state order prepar privatis repay waiv april time profit achiev besserungsschein privatis profit achiev repay complet waiv commiss acknowledg loan grant compani difficulti view high risk default case combin specif circumst länder potenti aid element loan waiver repay constitut aid measur grant cover loss allegedli award relev tha regim establish initi formal investig procedur extens tha regim cover grant privatis compani grant consid cover relev tha regim measur germani state privatis contract excess region aid award run privatis part paid back tha pai amount return maximum dem germani admit hiltex receiv excess region aid run privatis measur regard tha payment excess aid receiv hiltex commiss consid agreement place impli award aid return part aid fall approv aid scheme agreement circumv commiss region aid polici subject commiss approv measur germani investor agre privatis emploi peopl germani state workforc notic dismiss employe provision tha agre compens personnel reduct exceed peopl commiss conclud compens deriv engag undertaken privatis cover relev tha regim measur germani state privatis contract stipul state loss period measur claim constitut partial payment cover loss year privatis contract establish limit coverag loss exceed dem million dem million loss cover year provid privatis contract commiss conclud amount exceed provis privatis contract cover relev tha regim aid assess inform submit respons initi formal investig procedur commiss extend formal investig procedur measur basi inform cover approv aid scheme commiss review assess respect part measur measur latest inform cover approv aid scheme amount account assess proportion aid remain measur continu regard aid part aid claim fall de minimi rule de minimi rule ceil aid eur year period ceil appli total public assist consid de minimi aid affect possibl recipi obtain aid scheme approv commiss germani state measur amount paid measur amount paid amount paid amount paid total dem eur exce limit allow de minimi rule germani state measur amount paid amount paid amount paid total dem eur exce limit allow de minimi rule germani state condit applic de minimi rule compli commiss amount de minimi aid derog articl ec treati view aid dem million fall assess aid commiss aid principl incompat common market fall scope derog articl ec treati exempt articl ec treati appli present case aid measur social charact grant individu consum make good damag caus natur disast except occurr aid grant economi area feder republ germani affect divis exempt set articl ec treati case articl ec treati relev main object aid region develop restor long term viabil undertak difficulti articl commiss discret permit state aid grant facilit develop econom activ aid advers affect trade condit extent contrari common interest commun guidelin state aid rescu restructur firm difficulti commiss spell condit govern exercis discretionari power commiss consid commun guidelin research develop environ small medium size enterpris employ train applic restor viabil award restructur aid requir feasibl coher reach restructur plan capabl restor long term viabil health firm reason time span exact time span restructur plan inform injunct commiss determin restructur hiltex start imposs ascertain long term viabil restor reason period view numer grant state aid hiltex neg oper result achiev undertak commiss ground hiltex artifici aliv restructur involv reorganis rationalis firm activ effici basi typic involv withdraw activ longer viabl loss make addit exist activ made competit restructur possibl viabl activ develop diversifi financi restructur accompani physic restructur commiss note core element restructur plan construct product site nearbi park postpon imped instal machineri bought intend contribut plan concentr product fine yarn circumst unrealist expect hiltex restor viabil reach break point tabl show develop actual expect econom result hiltex tabl gt tabl gt hiltex expect turnov increas year relat oper result achiev commiss note market analysi provid germani show declin market addit invest realis year restructur realist realis year initi formal investig procedur commiss conclud increas turnov correspond econom realiti base realist assumpt commiss doubt confirm fact compani file bankruptci juli clear long term viabil achiev undu distort competit restructur measur offset advers effect competitor aid involv contrari common interest elig exempt pursuant articl ec treati undertak situat relev market eu object assess demand suppli show structur excess product capac restructur plan make signific contribut proportion amount aid receiv restructur industri serv relev market irrevers reduc close capac market hiltex oper undergo signific restructur phase inform hiltex intend expand capac quot long linen yarn quot segment increas market share compani receipt restructur aid allow increas product capac surviv depend except explicitli invok justifi present case explan necess intend increas capac market share provid addit hiltex acquir modern machineri intend improv effici increas product capac claim machin scrap commiss believ realloc uniwear group total capac group de facto control hiltex remain unalt germani submit inform dispel commiss doubt commiss conclud intend restructur carri contain suffici measur counterbal neg effect competitor proportion restructur cost benefit amount intens aid limit strict minimum need enabl restructur carri relat benefit anticip commun viewpoint investor make contribut restructur plan resourc aid grant avoid provid compani surplu cash aggress market distort activ link restructur process initi formal investig procedur commiss note absenc precis start date restructur imposs determin amount restructur cost account restructur cost restructur period determin aid grant cover cost strict minimum requir restructur alleg investor contribut consid substanti mean guidelin lack inform prevent commiss determin consid investor hiltex addit explan provid sharehold financ restructur resourc absenc full inform investor group commiss assess aid commiss doubt purport capit increas form loan directli transmit sharehold uniwear group consid investor contribut mean guidelin doubt dispel initi extens investig procedur inform submit substanti part purport investor contribut paid uniwear asia file bankruptci mr bontognali disappear highli doubt outstand contribut paid view forego commiss conclud investor contribut criterion met full implement restructur plan final compani receipt restructur aid fulli implement plan submit approv commiss present case ownership hiltex entail subsequ amend restructur plan rais doubt plan fulli implement doubt confirm fact compani file bankruptci restructur plan fulli implement conclus commiss find germani unlawfulli implement aid question breach articl ec treati adopt decis articl state aid germani grant hirschfeld leinen und textil gmbh hiltex amount dem million incompat common market aid consist measur amount measur direct invest grant invest allow exceed provis scheme grant reimburs interest gener time grant full reimburs measur grant social plan dem million measur grant cover loss dem million measur grant dem million measur amount paid grant dem million measur grant promot project dem million measur grant promot employ dem million measur grant cover liabil dem million amount measur exceed provis privatis contract dem million measur invest allow dem million measur direct invest grant dem million measur grant dem measur invest allow state paid amount dem million measur redempt interest dem million articl germani measur recov beneficiari aid refer articl unlawfulli made beneficiari recoveri effect delai accord procedur nation law provid effect execut decis aid recov includ interest date dispos beneficiari date recoveri interest calcul basi refer rate calcul grant equival region aid articl germani inform commiss month notif decis measur compli articl decis address feder republ germani brussel januari commiss mario monti member commiss oj oj tha end task decemb compani privatis assembl quot berlin manag beteiligungsgesellschaft mbh quot bmgb group hold name quot managementkommanditgesellschaften quot mkg held compani specif industri sector textil manufactur metal steel product bmgb charg restructur subsequ privatis compani compani remain bmgb transfer tha successor bv balanc sheet decemb show group emploi peopl turnov eur million balanc sheet total eur million decemb pex emploi peopl turnov eur million asset eur million manag report uniwear page ly liev turnov eur million balanc sheet total eur million emploi person bridg macki textil intern articl council regul ec march lai detail rule applic articl ec treati oj oj tha regim sg sg scheme cite footnot loan grant privatis compani emploi employe amount loan exce dem million commiss commun member state oj relat direct eec june transpar financi relat member state public undertak oj point commiss commun applic articl ec treati articl eea agreement state aid aviat sector oj case chemieanlagenbau staßfurt oj wildauer kubelwel nn esda feinstrumpffabrik lautex weberei und veredlung oj point abovement tha regim quot tha succeed institut renounc right context vertragsmanag notif need case compani emploi employe oblig surpass dem million quot footnot oj