commiss decis relat alleg state aid feder republ germani compani bahntran gmbh 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 procedur letter date januari associ promot competit honest behaviour freight forward busi verein zur förderung de wettbewerb und lauteren verhalten im speditionsgewerb ev wettbewerbsverein complain request commiss inquir german feder govern payment allegedli illeg state aid compani bahntran gmbh bahntran base inform receiv complain commiss inquir german feder govern exchang letter ensu letter date novemb commiss inform feder republ germani decid initi procedur laid articl ec treati respect measur commiss decis initi procedur publish offici journal european commun commiss invit interest parti submit comment measur time frame notic commiss receiv comment interest parti commiss receiv letter june comment abx logist deutschland gmbh legal successor bahntran gmbh ii fact creation bahntran contribut mother compani septemb deutsch bahn ag db ag thyssen haniel logistik gmbh thl found bahntran joint ventur develop transport small consolid cargo load larg rail base network db ag fulli own german state thl compani thyssen handelsunion thu conglomer subsect statut bahntran certifi version novemb thl gave origin capit contribut stammeinlag dem million cash deposit bareinlag dem million contribut kind sacheinlag db ag gave capit contribut dem million cash deposit contribut kind thl larg truck transport mean sold agreement march bahntran thl rheinkraft gmbh compani bahntran reli cash gener sale equip capit contribut thl assess approv fair reason independ account report octob strategi bahntran deutsch bundesbahn recognis concept stabilis market share quot small cargo quot segment gener cargo part load transport express courier servic work railwai reform db ag began partner develop segment db ag close total quot small cargo quot activ perform rail lesser degre road transport product activ subcontractor freight forward freight consolid strateg goal ventur transport volum revenu stabilis posit db ag sector time creation bahntran parti envisag market growth year price increas year thought realist vision bahntran form cooper thl bahntran sole function freight forward freight consolid gener cargo consign segment kg parti believ order consolid ship cargo germani freight centr need freight centr cargo region distribut region sourc consolid full load dispatch regular liner servic long distanc transport freight centr distribut function bahntran organis liner servic freight centr context import note custom gener cargo busi expect rule door door shipment time hour nation hour intern transport neighbour countri bahntran concept db ag provid larg degre long distanc regular liner servic rail respons subcontractor final deliveri pick truck freight centr final destin connect freight centr bahntran reli exist futur combin transport termin freight centr db ag focu core rail busi time close freight dispatch centr heavili loss make concept success condit suffici number freight centr combin transport termin reliabl liner servic db ag main busi relationship bahntran db ag twofold db ag act transport oper bahntran db ag leas freight centr bahntran forecast develop small cargo segment prove correct due increas liberalis market competit keen forward market market price decreas abovement busi goal bahntran reach inform commiss bahntran report figur time period juli june gt tabl gt june db ag sold particip bahntran sncb consider share thl thu sold share thl sncb freight facil due difficult market condit ambiti plan connect freight centr rail transport scale db ag built freight centr bahntran regensburg cologn karlsruh bremen freight centr hamburg hagen nürnberg financ privat investor thl leas bahntran db ag want close freight collect despatch activ quickli leas freight collect centr bahntran quot freight collect centr quot consist older cargo despatch hall cargo transfer truck convent rail wagon freight collect centr effici foreseen freight centr combin transport termin clear concept freight centr combin transport termin realis order present larg part market bahntran rent older freight collect centr option commerci relationship db ag freight centr freight collect centr db ag sold freight centr cologn leas firm deutsch anlagen leas compani own westdeutsch landesbank landesbank rheinland pfalz bayerisch landesbank landesbank hessen thüringen fulli independ db ag dal leas freight centr bahntran leas agreement sign decemb featur standard leas claus leas durat year bahntran paid rental fee dem month freight centr regensburg inform independ real estat agent region market rate dem centr bahntran paid market rate freight centr bremen rental fee dem month market rate dem object region final bahntran rent freight centr karlsruh dem month region market rate dem bahntran freight centr regensburg bremen time formal rental agreement conclud db ag bahntran time actual rental agreement bahntran paid db ag fee base total price construct facil function reimburs capit interest financ construct db ag gt tabl gt freight centr karlsruh termin june bahntran june formal rental agreement freight collect centr bahntran formal rental agreement db ag tabl offer amount dem letter march bahntran counter offer present detail market rental analysi warrant total rental fee dem final parti agre market rate rental fee dem year freight collect centr railwai transport begin joint ventur plan liner transport freight centr conduct rail figur result relat turnov partner gener cargo busi dem rail base db dem road base thl rail base transport account bahntran realiti gt tabl gt grow gap expect real rail share transport due fact db ag posit propos rail liner servic freight centr competit road due circumst envisag combin transport termin vicin freight centr built combin transport termin servic qualiti meet standard demand industri term reliabl speed order offer competit servic vi vi competitor freight forward bahntran reli increasingli road bahntran maintain similar flexibl transport mean vi vi thl creation joint ventur june thl rheinkraft sole provid long distanc truck servic bahntran price agre advanc phase exist bahntran reli competit truck servic build market reput thought larg amount liner servic perform rail riskier bahntran build numer partner network liner servic reli expertis network thl rheinkraft price transport base averag fix cost truck personnel dai averag variabl cost truck kilometr june arrang chang bahntran oblig request thl rheinkraft transport seal swap bodi arrang bahntran quot thl rheinkraft transport market segment bahntran find offer free prefer thl rheinkraft oblig request vi vi db ag time period relev case actual competit rail freight servic german network bahntran structur posit receiv offer rail transport db personnel thl brought employe joint ventur contribut kind framework sale truck bahntran thl rheinkraft employe transfer thl rheinkraft thl brought total employe bahntran creation bahntran db ag transfer work forc joint ventur parti envisag employe db ag work bahntran plan freight centr oper freight centr oper bahntran total db employe personnel cost db thl employe fulli born bahntran db ag agre bridg cost differ higher remuner benefit paid employe db ag public enterpris lower salari remuner level paid bahntran oper privat sector special benefit employe db ag consist free rail commut servic pension right averag higher privat sector addit aliment higher contribut db ag employ social secur privat sector continu salari payment case ill restrict time civil servant work db ag limit week worker employe compani privat sector grant week salari payment contribut db ag limit year contribut request thl employe enjoi special benefit db employe market strategi bahntran creation bahntran set context continu liberalis road freight forward market intens price competit concentr tendenc note schenker merg rhenu bought weichelt compani danza bought asg feder express germani bilspedit nellen amp quack nedlloyd bought union transport concentr set nationwid forward network germani led price reduct total price freedom german market inland transport keen competit price consequ market freight forward activ polypolist larg number freight forward servic offer larg homogen competit carri larg extent price level associ report note quot tens competit situat quot result open ec boundari januari report market share firm engag sharp price competit bahntran particip keen price competit evidenc aggress price strategi report newspap complaint competitor turnov consider reduc dem dem commerci relationship bahntran db ag commerci relationship develop aspect mention revenu share bahntran db ag cash inject made db ag thl revenu share origin db ag receiv bahntran payment servic amount turnov gener db ag railwai activ bahntran busi year bahntran handl administr activ payment figur reduc invoic turnov figur accord averag payment receiv transport freight forward rule freight forward oper transport servic calcul total turnov payment transport servic parti cash inject juli db ag thl agre inject dem bahntran busi year conjunct chang manag chang strategi bahntran clear origin concept rail liner servic freight centr achiev mention bahntran oper freight centr freight collect centr permit db ag close freight consolid activ quot db stückgut quot heavili loss make return db cash inject bahntran oblig secur post db employe secur db ag entitl repay cash inject repay limit differ inject db thl compani busi year thl accept fulli close quot db stückgut quot distribut system date contractu agre septemb date end januari thl commit firmli inject dem bahntran busi year thl pai dem busi year bahntran continu make loss tax busi year case thl paid full cash inject amount dem busi year iii comment abx logist deutschland gmbh letter june decemb abx logist deutschland gmbh abx logist submit comment open procedur abx logist legal successor bahntran gmbh abx logist submit transact subject open procedur conduct market investor principl abx logist argu db ag pai share capit cash substanti asset interest busi bahntran due constitut requir db ag allow divest asset benefit bahntran financ freight centr abx logist submit financ normal market condit submit relev agreement abx logist conced railwai servic db ag extens bahntran origin expect abx logist pure busi reason end commerci benefit compani thl stringent guarante bahntran db ag asset abx logist explain db ag commerci unjustifi burden personnel payment personnel cost final abx logist conced price competit tough time question due increas liberalis market deni aggress market strategi made fund db ag iv comment feder republ germani letter februari juli feder republ germani react open procedur german govern reiter state aid flow monei govern db ag bahntran exist open procedur circumst german govern violat principl neutral ownership enshrin articl treati german govern inform german court auditor explan german govern suspend investig bahntran case assess measur articl ec treati aid grant member state state resourc form whatsoev distort threaten distort competit favour undertak product good affect trade member state incompat common market applic legal test equal public privat undertak treati set principl neutral regard system properti ownership member state principl equal publicli own privat undertak articl ec treati accord principl commiss prejudic favour publicli own undertak examin econom transact light articl ec treati german state hold share db ag appoint board db german state sole sharehold give instruct board german aktiengesetz public author exercis directli domin influenc virtu ownership db ag db ag publicli own enterpris german govern letter februari state open procedur case violat articl ec treati commiss refut argument court instanc point judgment decemb quot requir remuner public undertak monopoli posit receiv return provis commerci logist assist subsidiari correspond payment demand normal market condit prohibit public undertak enter open market subject rule competit fundament principl commun law requir requir advers affect system public ownership ensur public privat ownership treat equal quot commiss challeng legal factual possibl publicli own enterpris invest expand commerci publicli own enterpris treat equal term compar privat enterpris market economi investor principl assess behaviour db ag vi vi daughter compani bahntran commerci relationship transact compani state aid rule commiss appli quot market economi investor principl quot test assess transact member state undertak case issu public hold compani subsidiari state aid commiss verifi transact place circumst accept privat investor oper normal market economi condit jurisprud european court behaviour public investor compar conduct ordinari investor capit view realis profit short term conduct privat hold compani group undertak pursu structur polici guid profit prospect long term commiss point abovement commun financi transfer public compani quot public fund provid term favour privat owner provid privat undertak compar financi competit posit public undertak receiv advantag privat undertak proprietor quot state aid rule treati appli pure financi transact provis servic suppli asset preferenti term hold compani subsidiari european court justic held quot provis commerci logist assist public undertak subsidiari govern privat law carri activ open free competit normal consider return capabl constitut state aid mean articl articl treati quot case la post advoc gener jacob conclud state aid involv assist provid quot financi term favour undertak obtain compar commerci investor decid subsidi commerci investor satisfi level consider receiv assist regard factor cost provid assist size invest undertak return import activ undertak invest group condit market question period assist grant quot assess commerci relationship db ag bahntran provis equiti capit test develop commiss conclud state aid involv provis db capit contribut full cash deposit db ag act commerci investor db ag gave capit contribut full cash deposit contribut kind newli creat joint ventur explain bahntran act sole freight consolid forward transport contribut roll stock equip truck db ag contribut real properti asset bahntran econom ownership asset rent land eventu facil bahntran chang ownership real properti rise real properti sale tax final db ag compani fulli own feder subject articl grundgesetz articl prohibit db ag sell transport relat asset compani hold major share bahntran own thl db ag legal allow transfer asset bahntran object reason transfer asset kind bahntran thl brought mix capit contribut state gave dem million cash deposit dem million contribut kind db ag gave capit contribut dem million cash deposit contribut kind thl larg truck transport mean sold agreement march bahntran thl rheinkraft gmbh compani bahntran reli cash gener sale equip capit contribut thl assess approv fair reason independ account report octob behaviour public privat undertak larg similar freight facil commiss consid state aid involv commerci relationship db ag bahntran agreement relat leas freight centr freight collect centr fulli develop bahntran receiv freight facil price reflect averag market condit db ag act normal market consider fix remuner condit servic provid analys arrang freight facil commiss base comparison price condit request db ag price condit preval market quot privat undertak freight centr cologn sold db ag leas bahntran deutsch anlagen leas undertak fulli independ db ag own connect relationship bahntran dal normal commerci place state aid consider rental fee fee case regensburg bremen freight centr actual formal rental agreement conclud reflect market condit calcul interest rate percent lower market rate year mortgag calcul deutsch bundesbank bahntran paid fee base capit interest half year rental agreement conclud light short pai back period reason agre lower interest rate year mortgag regard freight centr karlsruh rental fee shown fulli orient market rate rental freight collect centr db ag act commerci investor start propos leas fee normal market rate beneficiari negoti bahntran fee agre reflect normal market condit top benefit db ag conclus payment receiv return db ag bahntran fulli compat payment demand privat hold compani oper reserv sector pursu structur polici guid long term prospect constitut aid bahntran railwai transport commiss conclud commerci advantag bahntran result attitud db main product rail transport daughter compani bahntran db accept decreas rail transport bahntran dictat commerci consider explain db ag set combin transport termin connect regular train liner servic insist bahntran railwai transport transport requir meant bahntran provid custom rapid reliabl servic competitor reli road transport endang bahntran concern crucial bahntran free modal choic offer competit servic privat partner thl insist road base asset bahntran exclus agreement last year interest bahntran reli proven road transport network danger lose thl rheinkraft subcontractor oblig request guarante bahntran reli road haulier liner servic time bahntran free offer db ag thl act flexibl interest daughter compani transport organis personnel db ag agre bridg year cost differ higher pai remuner benefit db employe work bahntran normal pai condit privat sector mark differ pai remuner condit mention normal db ag aspect personnel adapt busi environ overload daughter compani charg incur privat sector busi environ db ag temporarili reliev bahntran extraordinari charg face due natur db ag state own compani offer employe special condit privat sector respect arrang aim establish viabl busi condit bahntran oper competit environ respect db ag act normal investor privat hold compani oper reserv sector pursu structur polici guid long term prospect ensur newli found daughter compani start busi unduli burden specif condit arrang preval mother compani arrang disadvantag busi environ daughter compani oper market strategi bahntran market strategi bahntran yield evid commerci behaviour commiss note alleg case keen aggress price bahntran behaviour line gener acknowledg behaviour german freight forward sector brought deregul concentr movement element hint commerci behaviour db ag detect market strategi room state aid consider revenu share bahntran db ag revenu share bahntran db ag fulli line normal commerci practic provid unreason advantag bahntran rule freight forward oper transport servic calcul total turnov payment transport servic parti state rule gener accept busi practic market busi year exist bahntran db ag receiv industri standard remain time involv bahntran parti agre industri standard respect db ag act fulli normal commerci investor cash inject db ag thl db ag provid mother compani amount cash inject bahntran chang strategi occur mother compani subject cash inject condit gave secur foster busi goal strategi requir cash inject gave db ag close loss make freight consolid activ faster origin anticip monetari db ag commerci benefit link cash inject bahntran oblig larg number personnel db ag shown larg cost recit amount cash inject db ag thl measur db ag protect commerci interest ventur give clear indic db ag act commerci investor matter grant commerci advantag bahntran vi conclus conclus busi relat analys show db ag act normal commerci investor vi vi daughter compani bahntran case rental freight facil db ag negoti negoti condit advantag averag market condit agreement personnel behaviour db ag show market investor concern permit daughter compani achiev sustain viabil db ag act strateg orient investor result corrobor fact privat own compani thl sharehold act similar capit contribut bahntran strategi asset road transport bahntran capit inject state aid involv commerci relat db ag bahntran period octob june adopt decis articl commerci relationship db ag compani bahntran time septemb june entail aid mean articl treati articl decis address feder republ germani brussel commiss loyola de palacio vice presid oj complain letter commiss date juli novemb januari march august octob novemb januari march june decemb decemb april septemb octob commiss turn repli complain letter date septemb august octob decemb octob decemb commiss letter date june septemb germani repli letter date juli septemb septemb juli footnot kpmg prüfungsbericht wertgrundlagen de teilbetrieb stückgut der thyssen haniel logist gmbh engelhardt düsseldorf für die sacheinlag die bahntran gmbh duisburg zum oktob deutsch anlagen leas gmbh annual report relationship fachvereinigung spedit und lagerei nordrhein ev jahresbericht schlagzeilen bundesverband spedit und logistik ev zahlen daten fakten judgment court instanc decemb case ufex al commiss ecr ii paragraph opinion advoc gener jacob decemb case franc commiss stardust marin point case itali commiss alfa romeo ecr paragraph commiss commun oj point case sfei al la post al la post ecr advoc gener jacob conclus quot la post quot paragraph recit recit seq recit recit compar ufex al cite footnot point