commiss decis februari relat aid grant french govern cellulos du rhône de aquitain cdra french text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof interest parti accord articl notic submit comment regard comment cellulos du rhône de aquitain cdra own subsidiari la rochett group chiefli engag wood pulp industri hand packag group emploi person achiev tax profit ff million ff million incur loss ff million ff million ff million ff million loss attribut wood pulp divis cdra part cdra compris plant manufactur commerci qualiti bleach kraft pulp south franc saint gauden haut garonn plant product capac tonn year employe tarascon bouch du rhône plant product capac tonn year employe extens modern plan poor market situat meant cdra achiev turnov ff million limit output tonn capac product fell tonn turnov ff million cdra incur loss ff million octob decid undertak financi restructur major contribut sharehold princip creditor bank french govern ii octob commiss learnt press aid grant cdra letter octob request inform measur order assess articl treati franc repli letter novemb letter januari provid answer specif question pose commiss letter decemb crisi pulp market compromis futur commerci pulp produc cdra result financi restructur decid octob context franc decid reschedul state loan provid financ caiss français de développ industriel cfdi french state grant cdra medium long term loan residu capit ff million defer interest june ff million preliminari examin reschedul relat contribut creditor sharehold commiss note entir amount loan state cfdi lost cdra put receivership bank part lost claim result agreement princip creditor recov claim event wind view fact transfer state resourc exce bank commiss decid alter exist loan creditor agreement octob concomit grant addit loan constitut aid commiss found loan grant past cfdi cdra guarante state constitut state aid fact loan ff million grant loan ff million loan total ff million exceed notif threshold fde econom social develop fund loan notifi commiss advanc accord articl treati commiss note balanc ff million consider exceed residu amount ff million due june repay timet drawn loan grant commiss conclud term loan alter favour cdra commiss notifi commiss account fact franc decid part reschedul refer grant cdra ff million ff million paid balanc order improv wood suppli environment protect grant notifi commiss preliminari examin articl treati commiss reach conclus aid question liabl distort competit affect trade mean articl treati articl eea agreement stage express doubt possibl appli derog principl incompat aid question common market decid initi procedur provid articl letter april commiss gave french govern notic submit comment iii franc comment procedur letter octob request commiss provid detail bilater meet held letter septemb point intra commun competit product nich occupi cdra french measur creat distort competit grant ff million point lump sum grant assess part cdra restructur plan detail seri environ link invest aim improv wood suppli financ grant franc provid inform justifi loan refer procedur adjust detail need calcul aid public letter commiss date april offici journal european commun commiss receiv comment german paper pulp produc comment forward franc letter date septemb accompani request submit comment comment provid abovement letter octob iv ff million grant cdra constitut aid firm reliev state resourc part invest cost born similarli loan grant cfdi state guarante fde constitut aid commiss defin posit respect fde loan grant term interest rate durat repay secur favour enterpris obtain financi market credit establish accord gener posit time regard gener aid scheme commiss request franc inform pursuant articl treati sector applic scheme fail signific individu grant franc repli loan grant cdra juli ordinari loan ff million partli convert equiti loan june fulli convert march april equiti loan ff million term alter march march equiti loan ff million term adjust march octob equiti loan ff million ff million august equiti loan ff million june durat loan extend term adjust favour cdra sixth loan ff million grant reach notif threshold consid compat common market commiss decis fde loan hand loan notifi advanc compat common market assess articl treati commiss calcul aid element loan adjust found differ interest paid cdra amount pai basi refer rate calcul net grant equival forc loan question grant total ff million reschedul agre cdra creditor commiss calcul present french author confirm amount correct total ff million includ debt ff million ow cdra debt written creditor agreement approv commiss amount aid enjoi cdra loan question ff million paper pulp trade commun countri eea countri competit produc procedur franc consid aid cdra effect competit preced entri forc eea agreement point world pulp market essenti consist separ product bleach softwood kraft pulp bleach hardwood kraft pulp paper maker purchas softwood hardwood pulp evalu process qualiti paper produc purchas price substitut type pulp rare hardwood pulp substitut eucalyptu pulp pulp produc cdra softwood pulp substitut extent scandinavian softwood pulp produc cdra pulp import countri southern pine cdra produc commerci bleach softwood kraft pulp commun decemb pulp account third sale cdra reach quarter futur french author point commun output total million tonn million tonn import million tonn sweden million finland franc stress aid question grant entri forc eea agreement commiss agre french author definit pulp market consid definit affect initi find competit industri question situat member state eea relev french author point letter novemb iberian produc short fibr bleach eucalyptu kraft pulp combin capac tonn ident market saint gauden fact disput procedur state aid strengthen posit firm relat competitor commun regard affect competit firm view forego aid grant franc cdra affect trade member state distort threaten distort competit mean articl favour firm concern articl establish principl incompat common market aid characterist set except principl set articl applic present case ow natur object aid question invok franc vi articl treati list aid compat common market compat treati determin context commun singl member state order ensur proper function common market regard principl set articl treati except list articl principl provid articl constru narrowli aid scheme individu aid award scrutin invok commiss satisfi aid market forc insuffici guid recipi pattern behaviour serv object except exempt case contribut achiev object aid purpos confer unfair advantag industri enterpris member state strengthen financi posit liabl affect trade member state distort competit justif common interest provid articl regard exempt provid point articl aid promot econom develop area standard live abnorm low employ haut garonn bouch du rhône region cdra product plant locat characterist qualifi exempt exempt provid point articl aid question intend promot execut import project common european interest remedi disturb french economi french author request exempt ground regard exempt provid point articl aid facilit develop econom activ econom area aid advers affect trade condit extent contrari common interest note saint gauden tarascon plant locat area invest aid grant region exempt refer decemb august approv aid level amount net tarascon saint gauden august region plan grant scheme pat applic give gross rate plant loan part procedur commiss inform amount natur invest financ seri loan grant cdra creditor agreement loan ff million grant adjust loan ff million grant adjust financ major invest programm ff million serv thing increas product capac tarascon tonn year commiss conclud basi condit applic loan ceil forc time aid contain loan adjust level aid decid area question view fact aid receiv invest question equiti loan total ff million grant time cdra financi restructur plan adopt august includ sharehold contribut form debt waiver capit convers ff million inject fresh capit ff million debt write creditor bank ff million loan ff million favour reschedul loan total ff million commiss note plan question similar plan object commiss note decid invest heavili plant order enhanc cdra profit view obviou difficulti stai afloat cyclic downturn experienc pulp industri invest saint gauden tarascon benefit aid total ff million commiss note aid form equiti loan grant cdra level grant region exempt june adjust made loan durat extend total year repay principl due carri forward defer interest payment due postpon year repay date fix interest applic repay date march decemb reduc fix part due period contractu interest reestablish januari adjust result addit aid quantifi ff million commiss note cdra invest ff million period invest benefit aid aid grant cdra level aid grant region exempt commiss check aid contain loan grant cdra adjust loan exce ceil applic region aid tarascon saint gauden true fde loan scheme gener mean limit region elig region aid principl coordin region aid gener aid cover entir nation territori grant form region develop aid determin compat aid specif notifi case commiss account region sector effect case law court justic fact aid grant basi ad hoc decis rule region aid judgment septemb join case spain commiss hytasa paragraph commiss assess aid basi criteria contribut region develop whilst remain region aid ceil effect sector concern take account characterist regard criterion invest aid question compli region aid ceil applic saint gauden tarascon contribut aid region develop commiss note cdra aid question enterpris plant modern capabl attain highest qualiti standard product capac level competit true crisi period threaten exist cdra creditor agreement order avoid collaps acknowledg crisi exception long cdra profit half commiss recogn aid form loan essenti cdra plant attain present level sector effect aid commiss refer analysi contain section fact commun net import pulp pulp market worldwid cyclic market commun produc modern competit profit product tool overcom difficulti due econom climat commun twelv net import pulp commun product consider lower demand commun standpoint sector problem capac lack competit pulp industri call integr commerci pulp plant fail adapt suffici close closur consider neg effect forestri log industri commiss note cdra obtain suppli forest south eastern franc area constantli threaten fire ow climat poor forest mainten commiss acknowledg loss outlet repres cdra plant led deterior forest greater risk fire time affect rural develop notabl increas desertif assess compat aid question commiss account comment submit part procedur manufactur bisulphit pulp compani experienc difficulti begin due stronger intern competit increasingli sever constraint environment protect compani confirm fall profit affect european commerci pulp produc result wind german firm save sharehold set paper manufactur plant state aid grant save difficult period major invest made point grant state aid cdra infring principl equal opportun field competit note respect firm question locat area elig specif region aid exempt provid point articl import differ posit firm cdra regard compat invest aid common market reason commiss conclud aid form fde loan cdra replac region aid limit approv region aid scheme franc resolv problem cdra lack competit affect trade extent contrari common interest commun standpoint posit effect aid greater neg effect competit commiss decid aid qualifi exempt point articl treati grant respons request commiss receiv detail invest financ grant ff million relat partli environment matter partli wood suppli commiss examin invest basi commun guidelin state aid environment protect note ff million invest technolog elimin chlorin ga saint gauden aim reduc discharg absorb organ halogen compound aox oxygen pre bleach plant chlorin dioxid product line purchas liquid sulphur dioxid environment impact aox exist standard franc aid grant invest total ff million invest elimin chlorin ga tarascon involv process saint gauden base fine control cook pulp reduct environment impact aox exist requir franc tarascon invest receiv aid agenc de bassin form grant ff million interest subsidi ff million commiss verifi invest question lead increas product capac reduct oper cost contrari site addit product cost result invest greatli exce save gener point commun guidelin state aid environment protect aid invest significantli higher level environment protect attain requir mandatori standard author maximum gross elig cost similarli point guidelin firm undertak invest significantli improv environment perform match firm member state mandatori standard appli grant aid level subject condit proportion standard provid point commiss consid chlorin ga remov standard achiev present case qualifi full applic possibl offer point guidelin view toxic product consid grant gross cost invest question justifi take account aid grant purpos amount ff ff million regard compat common market point articl franc point biolog treatment plant built saint gauden treat town effluent invest cost born cdra ff million obtain aid agenc de bassin form grant ff million interest subsidi ff million repres invest whilst take account argument put forward french author biolog treatment plant usual discharg member state consider higher commiss consid aid adequ repres environment improv achiev invest addit aid justifi franc state decis invest ff million tarascon combust malodor gase continu combust gase requir impos prefectur decre aid grant invest produc oper save contrari true point guidelin commiss author aid level gross cost invest compli mandatori standard take account inform franc commiss consid invest aid gross ff million justifi agre franc argument aid justifi decis invest previou guidelin allow aid net invest case illeg aid commiss appli law forc time decis lastli franc provid inform invest tarascon aim remov sourc product wood dust aid grant invest commiss past approv dust reduct element nois reduct traffic reduct dust reduct justifi environment aid recipi aid situat residenti area tourist town commiss consid invest effect reduc dust enterpris qualifi exempt special circumst circumst emerg inform franc commiss consid firm princip beneficiari reduct dust agre franc invest question econom advantag cdra conclus commiss consid grant ff million ff million justifi commun guidelin state aid environment protect commiss found justif balanc ff ff million grant cdra procedur franc answer commiss question impact upstream cdra invest creat extra wood capac saint gauden invest ff million aim creat extra stock wood chiefli interest forestri contractor forestri oper commiss note connect forestri aid limit set council regul eec justifi case point aid grant forestri undertak cdra engag stage wood process letter date march commiss inform franc provision conclus present procedur state invest enabl wood stock increas satisfi criteria guidelin aid environment protect commiss note repli french author date septemb throw fresh light matter aid qualifi exempt articl treati vii franc fail notifi aid question grant alter provid articl commiss unabl give opinion measur implement aid illeg commun law decis grant situat result failur satisfi oblig aid paid beneficiari part aid regard incompat common market aid incompat common market commiss entitl pursuant case law court justic decis requir member state recov aid grant illeg recipi econom effect aid question nullifi interest ad amount ow calcul date aid grant adjust rate interest ident serv basi refer rate calcul net grant equival aid scheme forc aid question grant adjust year tranch ff million paid refer interest rate adopt decis articl aid grant cellulos du rhône de aquitain cdra form loan total ff million adjust loan unlaw grant breach articl treati aid regard compat common market pursuant point articl treati aid total ff million grant paid form grant unlaw grant breach articl aid amount ff compat common market pursuant point articl articl ff million refer articl amount ff incompat common market pursuant articl treati articl franc abolish aid ff refer articl order recoveri month date notif decis interest paid amount start run date aid paid recipi articl franc inform commiss month date notif decis measur compli herewith articl decis address french republ brussel februari commiss karel van miert member commiss oj competit report point oj oj oj oj