commiss decis septemb aid grant germani sket verseilmaschinenbau gmbh notifi document number german text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl regard agreement european econom area articl thereof interest parti pursuant articl period submit comment march commiss decid initi proceed articl ec treati respect state aid sket schwermaschinenbau magdeburg gmbh magdeburg sket smm proceed concern sket smm subsidiari entstaubungstechnik magdeburg gmbh magdeburg etm drahtziehmaschinenwerk grüna gmbh chemnitz dzm aid question receiv sket smm privatis restructur previous sket smm receiv aid commiss object nn nn proceed number juli commiss decid extend proceed state aid paid initi decis cover decis investor oestmann amp borchert industriebeteiligungen gbr withdrawn restructur plan end plan addit aid notifi plan envisag inter alia creation successor compani oper profit part sket smm oper salvag bankrupt compani sket verseilmaschinenbau gmbh successor compani sket smm forc octob file gesamtvollstreckungsverfahren gv bankruptci proceed länder plan subject initi decis juli restor sket smm viabil juli commiss adopt neg final decis ec regard aid sket smm gv appli subsidiari etm dzm transfer feder offic special unif relat task bv decis ec termin case respect part sket smm cover gv case split separ part sket smm etm dzm reflect realiti successor compani sket smm take independ cours successor compani alloc separ aid number reflect sket verseilmaschinenbau gmbh alloc nn present decis relat sket verseilmaschinenbau gmbh novemb commiss decid initi articl procedur respect aid measur sket verseilmaschinenbau gmbh file assign case number letter date novemb sg commiss advis germani decis content letter publish offici journal european commun march letter date decemb regist receiv date commiss germani advis commiss privatis sket verseilmaschinenbau gmbh occur provid detail privatis letter date januari regist receiv januari commiss germani repli commiss letter novemb provid addit detail privatis sket verseilmaschinenbau gmbh commiss submit queri german author repli letter date regist receiv dai commiss ii sket verseilmaschinenbau gmbh base magdeburg saxoni anhalt germani emploi person turnov dem balanc sheet total dem sket verseilmaschinenbau gmbh enter compani magdeburg trade regist novemb share capit dem sole sharehold bv novemb sket verseilmaschinenbau gmbh enter agreement liquid sket smm asset cabl make machineri oper sket smm asset includ hand offic equip softwar intellectu properti acquir market paid monei award sket verseilmaschinenbau gmbh bv capit provis transfer confirm notari certifi contract march sket verseilmaschinenbau gmbh engin compani specialis design develop cabl wire make machin type made meet individu custom requir complet entir system turnkei basi servic develop design supervis manufactur construct assembl instal commiss custom built cabl make machineri note time privatis firm engag stage involv manufactur machineri plant product cabl actual manufactur reli servic mechan engin firm propos restructur plan acquir product capac type cabl product produc machineri design develop sket verseilmaschinenbau gmbh rang steel wire cord steel stress steel cabl mechan purpos reinforc tyre stress concret copper aluminium cabl wire product electron commun energi transmiss purpos telephon line high voltag cabl undersea cabl iii gener market machin manufactur extrem diversifi subsector cabl wire make machineri depend condit market downstream gener market machin manufactur affect recess end growth return extent continu come year unclear clearer view state prospect cabl wire make machineri subsector gaug refer demand cabl wire product market cabl wire make machineri worldwid mean direct trade member state product undertak member state compet market share countri demand type machineri depend condit downstream market cabl wire import commun energi transmiss demand determin gener state economi demand cabl wire depend state automot industri long term increas demand energi commun coupl deregul increas compet network ensur steadi growth note growth demand optic fibr demand metal base wire telecommun industri increas past geograph speak result central eastern europ growth south east asia peopl republ china area increasingli import sale market sector characteris grow specialis high tech product custom servic gain import ad element sector affect recess sector began recoveri growth continu gener upward trend continu onward recoveri relev market appar suffer structur overcapac impact recess iv econom environ sket smm origin design oper centralis command economi term product rang sket smm conglomer manufactur product includ roll mill wire cabl produc equip machin process oil seed divers fragment structur meant econom environ chang competit market attempt privatis sket smm singl econom unit undertak met success restructur conglomer start earli complet commiss reach neg decis aid measur sket smm notifi measur concern potenti profit compon conglomer cabl make machineri oper time sket smm file bankruptci proceed octob germani modifi origin strategi resolv extract potenti profit activ conglomer continu smaller autonom econom unit order achiev bv set commerci inact coordin compani sket manag und vertriebsgesellschaft gmbh supervis restructur prepar privatis commerci autonom compani own bv small medium size enterpris sket manag und vertriebsgesellschaft gmbh act instruct bv entrust task find investor negoti privatis salvag undertak april compani privatis process dismantl sket manag und vertriebsgesellschaft gmbh began salvag busi auffanggesellschaften sket maschinen und anlagenbau gmbh sket walzwerkstechnik gmbh sket ölsaatentechnik gmbh renam cimbria sket gmbh sket maschinenbau edv gmbh sket verseilmaschinenbau gmbh addit subsidiari etm dzm transfer bv prior open bankruptci proceed sket smm novemb agreement sale share sket verseilmaschinenbau gmbh conclud bv vendor mr johann erich wilm purchas sale basi open public tender purchas tender offer submit respons thereto purchas price dem paid bv oblig accept purchas part privatis involv take august exist guarante amount dem origin grant bv investor lodg dem time privatis secur commit releas bv guarante dem commit invest dem restructur compani secur penalti payment event failur investor distribut profit sum sket verseilmaschinenbau gmbh decemb investor mr johann erich wilm sole owner small medium size compani make wilm group group main offic menden north rhine westphalia germani oper sector electr cabl connect manufactur environment technolog technolog filter sewag work machin construct except austrian subsidiari group base germani wilm group emploi peopl vi origin problem relat oper sket verseilmaschinenbau gmbh compon sket smm consequ part unwieldi fragment industri conglomer run market principl step restructur programm separ cabl machin oper sket smm order resourc compris cabl make machin product oper need preserv separ fail sket smm reorganis stand basi transfer sket verseilmaschinenbau gmbh continu implement restructur measur compani acquir staff machineri technic equip offic equip liquid sket smm thirti employe involv equip includ offic equip origin acquir dem softwar origin acquir dem acquir dem intellectu properti right acquir dem problem concern accept sket verseilmaschinenbau gmbh contract origin award sket smm payment contract made sket smm advanc complet sum part asset bankrupt compani sket verseilmaschinenbau gmbh make loss contract sket verseilmaschinenbau gmbh point view fulfil contract secur custom base commerci reput final phase restructur oper envisag restructur plan consist strateg reorient shift product full incorpor wilm group strateg reorient involv switch pure engin oper oper includ manufactur capac sket verseilmaschinenbau gmbh develop deliv turnkei system full servic support initi design develop final site commiss instal system acquisit product capac requir addit premis estim cost dem increas workforc addit product rang expand includ extrud machin cost equip estim dem entri market develop manufactur extrud cost estim dem addit simplifi set common compon develop reduc cost part minim import oper qualiti major consider outsourc purchas materi compon final product base greater extent time strategi cost promot compani product estim dem addit import type oper demonstr techniqu machineri client estim dem invest construct demonstr model prototyp basi total cost final phase restructur estim dem integr wilm group oper cut cost result introduct standardis process common standard common compon group level intend compani wilm group machin manufactur oper activ sector sket verseilmaschinenbau gmbh suppli aggreg compon incorpor sket verseilmaschinenbau gmbh final product addit bui materi centralis group sket verseilmaschinenbau retain purchas depart financi control personnel depart centralis sket verseilmaschinenbau gmbh integr investor sale distribut network measur respect cooper research develop stage final phase restructur complet vii aid measur consider gt tabl gt guarante dem investor august secur deposit dem compani privatis note pai mean secur investor assum respons guarante april sket verseilmaschinenbau gmbh enjoi benefit guarante month viii aid measur identifi fall scope articl ec treati reason sket verseilmaschinenbau gmbh undertak oper sector relev market extend member state trade member state affect aid natur distort competit aid measur grant compani germani fall scope articl ec treati articl ec treati possibl exempt aid fall scope articl reason set basi exempt restructur aid sket verseilmaschinenbau gmbh firm difficulti articl aid grant undertak bv found bankruptci proceed initi econom entiti oper legal person sket smm gmbh entiti realiti cluster divers econom oper undergo restructur period year undertak sket verseilmaschinenbau gmbh continu part cabl make machineri oper sket smm bv strategi modifi provid compani capit fund order privatis stand basi distinguish featur arrang sket smm gmbh continu state ownership privatis singl group econom unit circumst distinguish case involv creation auffanggesellschaften failur compani privatis moment creation sket verseilmaschinenbau gmbh viabl cabl make machineri oper sket smm found oper autonom commerci enterpris embed vast unwieldi conglomer extract oper bankrupt compani restructur make attract sale market aid grant sket verseilmaschinenbau gmbh part asset resourc bankrupt compani treat restructur aid justifi view histor econom circumst compani found compel readjust rapidli centralis econom system market system view role plai bv organis treuhandanstalt readjust view consider commiss consid derog articl ec treati relev order meet requir derog head aid satisfi criteria set guidelin rescu restructur aid guidelin commiss consid aid rescu restructur contribut develop econom activ advers affect trade commun interest condit set section guidelin met authoris aid condit firm rescu restructur locat assist area commiss region consider subparagraph articl account paragraph guidelin measur notifi germani amount dem intend restructur aid ix satisfi criteria set guidelin restructur plan restor long term viabil health firm reason time scale basi realist assumpt problem face oper eventu sket verseilmaschinenbau gmbh measur requir address outlin includ identifi core profit activ oper extract relev asset oper concern entail complet contract respect cabl make equip award sket smm final phase restructur compris establish test facil integr wilm group basi figur provid germani sket verseilmaschinenbau gmbh begin make small oper profit gt tabl gt project increas turnov onward appear realist sket verseilmaschinenbau gmbh began secur profit contract prior privatis negoti contract conduct improv posit consolid integr wilm group enhanc acquisit manufactur capac view forego commiss conclud concern express initi proceed address criterion guidelin restor profit satisfi condit guidelin restructur aid accept measur offset advers effect competitor structur excess product capac relev market commun serv recipi restructur plan make contribut proportion amount aid receiv restructur industri serv relev market european commun irrevers reduc close capac hand structur excess product capac relev market commun serv recipi commiss requir reduct capac return aid commiss note recipi firm locat area cover articl ec treati guidelin overcapac reduc region elig aid pursuant articl ec treati commiss adopt flexibl approach accept smaller reduct region overcapac identifi commiss market sket verseilmaschinenbau gmbh oper sket verseilmaschinenbau gmbh reduc capac order compli guidelin wilm group activ relat market product cabl wire product cabl wire make machineri incorpor sket verseilmaschinenbau gmbh group element vertic integr concentr stabl level probabl consumpt cabl wire commun year suggest wilm group enlarg acquisit sket verseilmaschinenbau market share european union geograph market global market share smaller commiss reason enlarg group acquir market share product cabl wire make machineri afford market power concentr occur privatis neglig impact market element vertic integr extend market power gain level market upstream downstream note comment receiv parti respons public content letter germani announc commiss decis initi proceed note initi notif relat higher aid packag privat investor forthcom time view forego commiss conclud concern express initi proceed address criterion undu distort competit satisfi xi condit guidelin restructur aid accept amount intens aid limit strict minimum need enabl restructur undertaken relat benefit anticip commun point view investor expect make signific contribut restructur plan resourc case total aid packag bv amount dem amount made subsidi dem award bv order equip sket verseilmaschinenbau gmbh capit element packag consist initi loan dem order cover expens incur carri contract repay waiv sket verseilmaschinenbau gmbh benefit loan liquid sket smm amount dem extract cabl make machineri oper sket smm repay waiv privatis final sket verseilmaschinenbau gmbh benefit payment dem paid tranch respect final phase restructur guarante amount dem grant august investor advanc date april purchas price dem investor commit take guarante bv amount dem august commit secur sum dem lodg time privatis investor assum full respons guarante april commit invest dem sket verseilmaschinenbau gmbh commit secur event perform penalti payment investor distribut profit sum sket verseilmaschinenbau gmbh decemb addit investor commit maintain job june increas staff total restructur cost amount dem privat investor contribut investor contribut regard reason view forego commiss conclud concern express initi proceed address criterion proportion aid satisfi xii compani fulli implement restructur plan submit accept commiss discharg oblig requir decis origin decis amend notif member state commiss step requir recoveri aid part restructur sket verseilmaschinenbau gmbh occur prior privatis investor commit implement rest restructur plan demonstr commit invest dem subsidiari secur penalti payment full respons exist guarante bv advanc date envisag xiii view forego commiss find restructur aid sket verseilmaschinenbau gmbh regard compat common market provid satisfi condit set guidelin state aid rescu restructur firm difficulti adopt decis articl aid grant germani sket verseilmaschinenbau gmbh compris payment compani provis capit dem loan respect cabl machin oper waiver repay thereof dem loan financ perform contract waiver repay thereof dem payment respect final phase restructur dem perform guarante bv dem subsequ investor april compat common market accord articl ec treati articl eea agreement articl accord commun guidelin state aid rescu restructur firm difficulti germani submit detail annual report implement restructur plan articl decis address feder republ germani brussel septemb commiss karel van miert member commiss oj andoj oj oj oj state gener machin manufactur sector panorama eu industri volum page intra commun trade exce trade countri panorama eu industri volum page state market cabl wire panorama eu industri volum page state aid case number nn state aid case number state aid case number state aid case number nn aid firm approv commiss case number nn busi secret oj state aid case section guidelin panorama eu industri volum page conjunct page panorama eu industri volum page