commiss decis octob aid grant spain seat sa member volkswagen group spanish text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof parti concern opportun submit comment accord abovement articl initi procedur articl treati letter date june commiss inform spain decis june initi procedur provid articl treati regard state aid measur propos spanish author seat sa seat motor vehicl manufactur belong volkswagen group vw group initi procedur commiss express doubt compat aid articl treati reason spanish author conclud aid agreement juli spanish central author catalan region author vw seat juli catalan region author vw seat commit pta billion state aid seat grant ministri industri energi pta billion generalitat de catalunya pta billion result agreement ico instituto de crédito ofici icf instituto catalán de finanza publicli own credit institut grant volkswagen ag loan amount pta billion pta billion advanc futur grant spanish author seat examin aid agreement loan contract commiss conclud state aid grant seat illeg form ico icf loan vw group letter date februari spanish author notifi propos grant state aid seat accord approv programm support elig cost incur pai amp project multiannu invest plan examin inform suppli commiss inform spanish author adopt posit notif receiv refer aid grant amp project respect entir state aid packag agre commiss disagre fact part project relat expenditur paid notifi addit notif incomplet includ subsidi autonom govern catalonia grant purpos similarli commiss express doubt compat aid measur criteria laid commun framework state aid motor vehicl industri mean abovement letter june commiss request spanish govern submit observ month date letter ii modif articl procedur procedur initi spanish govern letter date june inform commiss aid measur scrutin procedur regard restructur aid link plan restructur seat forthwith submit commiss spanish author inform commiss notif replac previou letter date februari relat aid seat technolog industri innov project case addit made clear restructur aid measur notifi consist state aid project base programm previous approv commiss measur promot technolog innov modern ration train convers workforc environment project light fact case involv compani experienc difficulti oper problemat sector regul commun framework commiss decid juli amend previou decis adopt june initi procedur provid articl treati time commiss decis juli amend previou decis examin aid grant seat commun spanish govern letter date august letter commiss inform spanish author basi notif submit adopt posit compat restructur aid commun guidelin state aid rescu restructur firm difficulti commun framework state aid motor vehicl industri commiss commun spanish author decis verifi notifi plan reflect restructur measur adopt condit guidelin restructur aid gener motor vehicl industri met commiss request spanish govern submit observ respect month date letter iii observ spanish author spanish author repli commiss commun modif articl procedur examin aid seat letter date august confirm addit inform seat restructur plan request commiss letter juli paragraph section suppli date inform subsequ notifi spanish author commiss letter date august regist commiss septemb supplement success bilater meet lastli spanish author suppli data offer guarante letter octob octob iv observ parti public decis june initi articl procedur regard seat aid measur juli amend previou decis commiss request member state interest parti send observ aid question month respons commiss receiv observ letter date octob german govern letter express support aid grant spanish author seat restructur plan octob commiss receiv observ member state interest parti aid propos spanish author seat analysi seat restructur plan mention commiss carri examin establish notifi plan reflect realiti restructur measur adopt condit guidelin restructur aid gener motor vehicl industri met assess carri independ consult juli visit seat factori barcelona free zone martorel compani commiss offici object visit carri preliminari examin restructur aspect plan submit spanish author gather data need commiss adopt definit posit aid measur notifi visit commiss request letter date juli inform spanish author seat restructur plan descript seat restructur plan base result visit data suppli spanish author prior agreement author vw group stage examin articl procedur reason adopt restructur plan seat seat financi situat deterior dramat compani accumul loss pta billion varieti reason success devalu peseta advers affect compani financi oblig consider volum extern debt contract seat larg increas compani depreci cost result vw group polici invest seat initi cost plant martorel servic uneconom cost keep stream factori free zone high cost free zone factori compani announc loss job worker affect employ regul measur fall sale pta million compar previou year combin declin product unit result increas stock fact made adapt product capac level employ compani seat real situat market contrari compani forecast begin show reduc rate growth view factor seat surviv compani capac vw group threaten excess product capac approxim account declin share western european market motor vehicl prospect trend market surplu workforc forecast level automobil product rate product sizeabl financi oper loss push compani technic bankruptci vw group strategi regard restructur seat sa face critic situat seat compani file bankruptci capit contribut parent supervisori board aufsichtsrat volkswagen ag adopt set measur sanierungskonzept seat sa decemb object establish viabil compani take account current situat seat medium term forecast accord vw annual system strateg plan plan forc decemb plan round pr base probabl scenario cover product volum sale market share financi assumpt subsidiari group decemb vw board consid worst case version pr scenario involv restructur measur decis factor scenario possibl maintain seat product unit year product sale target decis calcul maximum number job board consid superflu ax light seat real period scenario reflect industri restructur requir seat critic situat compar target unit year group previou forecast pr assum exist capac seat factori simultan servic free zone factori small automobil segment seat marbella successor medium size vehicl segment seat toledo martorel plant product medium size automobil segment seat córdoba ibiza successor fact greater part technic capac underutil due crisi affect vehicl sale concept restructur plan notifi spanish author letter date june order justifi aid measur seat basi commiss adopt decis juli princip element publish abovement offici journal european commun consist restructur measur adopt decemb figur base assumpt worst case scenario scenario addit inform suppli spanish author letter august regist septemb octob regist octob visit commiss offici seat factori free zone martorel reveal plan implement vw group decemb correspond origin assumpt pr explain updat vw board decemb adopt plan pr main differ plan appli pr entertain previous pr summar actual volum seat automobil sold unit forecast pr unit sale target correspond assumpt earlier plan proport vw vehicl produc seat plant martorel estim share pr forecast financi result reveal loss estim pta million pr envisag profit compani move profit forecast short restructur plan seat appli constitut real basi aid measur compani correspond pr plan adopt decemb subsequ updat plan pr object seat restructur restructur plan notifi spanish author central object ensur viabil solvenc compani medium long term period ensur competit seat compani vehicl design manufactur market capac vw group octob extent object achiev rise accord assess commiss depart current commerci situat automobil market western europ comment medium long term viabil compani optimist assumpt pr drawn decemb suggest profit obtain revis accord recent forecast hope compani move back profit year notifi plan appli similarli result wors forecast fact sale project year fulfil end half loss record amount pta million time compani made oper profit period part viabil indic commiss request inform suggest compani made consider progress data clear sale grow forecast plan compani profit depend larg extent strategi plan subsidiari group seat futur make vw model time princip sale commun seat compani capac vw group seat autonomi vw group affect restructur measur group adopt result plan seat lose individu posit group extent longer platform intern structur model dynam assembl line engin transmiss basic mechan part purchas depart integr structur group select supplier design centr sitg barcelona share vw audi seat develop centr compet group centr import leas person loan compani acquir vw supervis data centr seat model longer produc seat factori maintain separ ident constitut object plan focu make seat viabl competit compani capabl compet motor vehicl market restructur measur appli seat fulli integr vw group compet successfulli restructur measur explan restructur plan measur appli date seat current plan pr verifi restructur compani present industri measur product capac end restructur plan adopt seat automobil plant oper spain factori barcelona free zone recent construct factori martorel enter servic produc seat model plant landaben navarr produc vw polo sold parent compani restructur measur product capac remain seat automobil plant verifi infer end seat actual capac vehicl dai free zone vehicl dai martorel bottleneck due free zone bodi shop model marbella toledo terra martorel paint shop seat annual product capac manufactur condit stabil unit year industri measur adopt vw group view restor seat viabil provid definit closur free zone plant concentr seat vehicl product martorel closur turn definit seat resum product free zone factori octob reduc assembl capac unit dai marbella model addit product seat toledo van replac terra transfer martorel daili product capac increas compar origin forecast attain unit dai paint shop stage product oper seat maximum technic product capac octob applic restructur measur unit dai volkswagen decis close paint shop free zone factori end result instal capac seat plant unit dai plan seat annual product capac restructur oper assum chang condit product unit year current level product capac increas substanti invest made remov current product bottleneck reduct capac state anticip reduct seat technic daili capac amount capac start restructur plan decemb capac vw group level take vw group instal product capac includ subsidiari depend group octob eea closur free zone factori oper martorel plant condit capac reduct product capac declin unit dai decemb unit dai end ii modern programm notifi commiss product capac reduc accord amp plan estim cost pta million includ pta million train programm consist basic industri innov technolog develop project modern measur project relev activ seat technic centr martorel consist invest gearbox del prat sa wholli own subsidiari seat financi tabl show invest cost subsid annual basi nation author catalan region author set juli aid agreement updat reflect seat actual cost cost forecast recent updat schedul figur tent gt tabl gt fact cost invest carri turn lower attribut compani cancel project save made project implement stage iii social aspect plan target cut product capac combin improv compani product rate gave rise drastic reduct seat workforc decemb occup situat remain emploi compani reduct workforc accord plan notifi commiss compani object adjust workforc reduc number job septemb target number produc annual unit chang seat workforc actual figur number person emploi record tabl human resourc gt tabl gt effect reduct workforc differ consider notifi timet ultim object ambiti origin plan social measur reduct workforc supplement set measur design reduc compani personnel cost increas current product rate averag level european automobil industri measur negoti union form annual collect agreement compris reduct compani payrol compar wage level decemb increas dai employe annual work time involv shift hour year worker hour hour compulsori hour worker case market requir high level product compulsori flexibl labour holidai depend product compulsori mobil locat categori job workforc accord product plan earli retir scheme worker part time work maximum worker period year wage equal full time job exist temporari contract cut maximum job cancel agreement previous sign union cost social measur reduct job applic restructur measur affect work condit implement set measur agre agre union cost altogeth provis made seat account pr forecast estim pta billion gt tabl gt cost consider origin estim end iv train measur train programm seat restructur plan design give current manual manual worker skill develop launch model seat requir concentr area train need oper highli autom martorel plant train product amp staff martorel technic centr process engin manufactur programm focus continu improv qualiti train supplier worker compani group train promot convers workforc adapt seat worker part time job train measur network dealer nation intern market anticip cost seat train plan pta billion pta billion paid end cost close free zone factori social cost discuss seat meet restructur cost closur free zone factori cost audit consider lower origin forecast pta billion broken gt tabl gt vi financi restructur measur notif commiss spanish govern assess financi restructur measur pta billion suppli contribut vw contribut repres cost compani incom part restructur cost fund compani fact implement financi restructur measur reconstruct work capit reduct substanti financi debt expect seat reduc debt pta billion addit increas work capit pta billion requir period seat exhaust capit meet oper loss year creat liquid problem vii financ restructur plan total cost industri workforc financi measur make seat restructur plan amount examin carri commiss pta billion broken gt tabl gt end seat defrai total cost plan carri third propos activ cost financ cash flow gener seat period capit contribut vw group subsidiari sale asset financi aid grant spanish author resourc gener seat compani resourc proce commerci activ atyp transact sale asset vw group reduct item alloc depreci oper item calcul pta billion approxim total cost restructur oper contribut vw group deterior seat financi situat decemb requir urgent action limit declin compani equiti capit increas minimum level requir spanish law offset accumul loss compani vw wrote pta billion commerci debt contract group seat addit guarante surviv core busi seat independ compani group vw agre reduc price part compon includ engin suppli subsidiari germani purchas cash contribut seat automobil plant lanbaden navarr seat financi subsidiari fiseat measur repres total cost restructur adopt decemb april shown tabl gt tabl gt financi aid grant spanish author aid measur adopt spanish author support restructur plan amount pta billion pta billion grant nation author form loan contract ico vw pta billion grant autonom catalonian author form loan contract icf vw aid agreement loan contract enter spanish author vw seat establish inter alia vw transfer immedi seat amount receiv loan pta billion transfer complet shown seat annual account vw pai interest loan receiv interest end pta billion receiv loan agreement estim pta billion total grant spanish author pta billion cover amount princip interest vw pai pta billion grant aid scheme repai princip pta billion interest pta billion loan interest benefit volkswagen ag reduc contribut financ restructur plan total state aid pta billion repres total restructur cost spanish govern inform commiss letter octob intent alter current aid agreement loan contract ad time want entir restructur cost basi grant subsidi volkswagen seat letter date octob spanish author agre total cost figur establish commun pta billion vi exist state aid volum trade european econom area type motor vehicl produc seat state aid restructur compani distort competit affect trade mean articl ec treati articl eea agreement initi articl procedur commiss state analyz light articl contribut public fund spanish ministri industri energi generalitat de catalunya vw seat set grant total pta billion ministri industri energi seat scheme approv sbt pati pitma loan pta billion ico vw seat parent compani constitut advanc ico loan paid vw cash seat juli grant total pta billion includ pta billion part financ commun structur fund generalitat de catalunya seat loan pta billion icf vw constitut advanc icf loan paid vw cash seat march aid project support seat invest amount pta billion constitut instal abovement pta billion grant ministri industri energi addit commiss decid subsequ amend previou decis initi procedur account notif submit june spanish author inform commiss aid measur regard aid restructur seat examin data suppli spanish author respect commiss confirm opinion aid commit spanish author vw seat agreement juli grant ico icf loan volkswagen ag subject explicit condit loan constitut advanc futur grant constitut state aid mean articl aid agreement provid project carri accord propos timet grant formal agre author suffic cover cost loan vw principl repai loan interest addit cost carri project notifi spanish author substitut equival project borrow vw confirm paid requir pai interest includ late payment due matur date stipul loan contract enter ico thirdli ico icf loan contract explicitli lai loan grant advanc aid payment claus agreement compli account legal obstacl claus remain valid parti find equival aid mechan similar advantag seat assign grant receiv credit institut advanc vw payment oblig aris loan vw liabl interest due result delai author payment grant timet repai debt flexibl result assign aid item fourthli amount loan grant ico pta billion icf pta billion shown seat audit account head repay grant fifthli grant ministri industri energi pta billion generalitat de catalunya pta billion calcul cover net grant cash seat pta billion form loan vw market condit bank interest vw ow ico icf pta billion loan final convert grant seat sixthli lastli aid reduc cost financ restructur plan seat volkswagen activ engag eea market passeng commerci vehicl give artifici financi advantag seat parent compani volkswagen grant pta billion made seat volkswagen nation autonom author grant pta billion vw cover interest constitut state aid purpos articl ec treati articl eea agreement vii state aid grant illeg addit notifi aid measur grant volkswagen seat spanish govern infring articl treati spanish author notifi aid measur advanc commiss present observ measur appli short grant breach articl aid illeg viii compat aid articl ec treati establish principl allow aid distort threaten distort competit favour undertak product good affect trade member state incompat common market articl state circumst aid allow articl specifi type aid compat common market natur locat purpos aid case head applic articl list aid compat common market compat determin context commun singl member state order safeguard proper function common market take account principl establish articl treati except principl articl set articl constru narrowli aid scheme individu aid award scrutin commiss adopt motor vehicl industri commun framework lai criteria evalu compat aid sector common market limit scope discret allow articl aid measur seat adopt spanish author juli constitut notabl state aid motor vehicl industri addit spanish author notifi commiss june aid measur regard aid restructur seat examin fact commiss agre regard aid seat restructur aid compani carri major oper type aid contribut substanti short aid seat analyz light commun framework state aid motor vehicl industri commun guidelin state aid rescu restructur firm difficulti compat aid assess date grant illeg juli take account subsequ restructur plan commun framework state aid motor vehicl industri framework lai principl rescu restructur aid approv except circumst aid link satisfactori restructur plan grant demonstr commun interest serv keep manufactur busi establish viabil ensur aid beneficiari increas market share expens unaid competitor case compani excess capac commerci vehicl sector commiss requir reduct capac order contribut recoveri sector commun guidelin state aid rescu restructur compani difficulti guidelin lai gener principl irrespect form restructur aid author commun interest link viabl restructur recoveri programm submit relev detail commiss restructur plan satisfi condit restor long term viabil health compani reason timescal basi realist assumpt futur oper condit grant plan offset potenti advers effect competitor amount intens aid limit strict minimum need enabl restructur undertaken relat benefit anticip commiss point view examin seat restructur plan applic octob commiss reach conclus abovement gener sectori requir met establish viabil princip object restructur plan establish seat viabil commiss agre plan enabl compani viabl reason period note financi situat octob show consider reduct workforc invest cancel debt grant aid compani back profit profit limit pretax profit pta million accord pr cash flow posit make reduc volum loan outstand year trend oper profit loss core activ compani figur achiev end half accord propos budget year reflect improv seat oper situat budget anticip seat liquid improv end year compani liquid problem short term improv propos pr sale market asset sale introduct model carri compani weak capit structur critic level fresh capit contribut rule grant restructur aid transact assum sharehold make deficit capit come year confirm letter spanish author date octob similarli seat made consider progress improv product qualiti compani object achiev end averag product volum vehicl worker compar averag rate vehicl worker product rate set martorel plant seat restructur plan make factori product western europ result qualiti audit factori show gradual improv ultim object attain qualiti level group substanti improv expect repair cover vehicl warranti commiss consid amp project implement plan stage rais compani product product method result level attain european automobil industri assum restructur plan appli full downturn european automobil market commiss convinc seat prospect viabl competit automobil industri good avoid undu distort competit year seat crisi began sale western europ fell dramat spain million unit worst recess war result low level capac util meant automobil manufactur suffer loss year commiss take view automobil industri eea suffer structur excess product capac year registr privat car break record western europ time automobil product capac europ increas due gradual build japanes manufactur transfer manufactur plant compani sold seat vehicl produc martorel free zone plant total volkswagen polo built landaben factori navarr own seat end mention compani account end show loss pta billion seat market share start point restructur oper sale european market examin seat restructur plan shown vw group make substanti contribut restructur automobil industri europ definit closur free zone factori offset part expans capac site reduct seat capac vw group similarli reckon seat current product sale plan pr increas compani market share eea expens unaid competitor estim market share greater aid proport cost benefit restructur commiss opinion volum aid pta billion intens total restructur cost strictli restructur exercis intens aid exce reduct capac seat beneficiari aid seat princip loan vw interest make substanti contribut financ restructur cost commiss determin capit contribut made volkswagen section similarli commiss verifi measur restructur base implement aid grant object pursu restructur oper commiss opinion propos volum financ restructur invest form part amount structur logic repres realist effort view establish seat viabil competit automobil industri object establish minimum margin manoeuvr compani oper achiev restructur effort direct reduc instal product capac concentr vehicl product modern plant martorel adjust compani workforc social accept condit capac level product object train remain workforc technolog system invest intens cad cam system cim time product invest engin comput equip capac seat technic centr develop product synergi vw group effort regard entireti homogen suffici restructur plan reduct seat financi debt point financi charg high prevent seat surpass industri averag term solvenc conclus condit sum commiss consid aid grant spanish author seat restructur plan satisfi criteria laid commun guidelin state aid rescu restructur firm difficulti commun framework state aid motor vehicl industri accord commun guidelin state aid rescu restructur firm difficulti practic case restructur aid motor vehicl industri commiss ensur conclus remain valid restructur plan fulli implement end make final favour decis condit fulfil number criteria design prevent aid advers effect industri trade distort effect aid depend part futur restructur carri accord plan propos time limit spanish author ensur compani close paint shop free zone plant definit propos time limit seat vw technic capac exce unit dai end addit restructur plan amend pr appli full monitor lastli state aid grant seat subsidiari spain support plan similarli note accord commun guidelin state aid rescu restructur firm difficulti restructur aid grant adopt decis articl aid seat restructur plan set compat articl ec treati articl eea agreement aid total pta billion grant ministri industri energi seat pta billion grant illeg aid total pta billion includ pta billion commun structur fund grant generalitat de catalunya vw seat pta billion grant illeg provid condit oblig fulfil vw seat alter gener content timet seat restructur plan pr amend pr ensur paint shop free zone factori close dismantl decemb notifi commiss current level capac seat plant increas januari seat invest plan brought commiss knowledg fulli carri aid exclus restructur seat sa addit aid form capit contribut form discretionari aid grant seat sa subsidiari spain support restructur plan volkswagen group offset reduct capac end contribut notifi commiss group technic capac remain limit unit dai spain send commiss annual report applic amend restructur plan pr evolut cost receipt aid compani involv repay public loan obtain fulfil condit laid report annual report seat sa forward end report year articl spain inform commiss month notif decis measur compli articl decis address kingdom spain brussel octob commiss karel van miert member commiss oj pp blank squar bracket busi secret delet publish version decis figur unit dai found tabl vw commiss novemb show capac group plant commun manufactur capac model launch martorel fact unit dai actual product end year unit dai exclud product capac skoda subsidiari locat eea differ tabl suppli volkswagen commiss concern capac martorel commiss fix unit dai oj oj