commiss decis octob state aid implement germani schmitz gotha fahrzeugwerk gmbh nn notifi document number german version 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 germani inform commiss aid schmitz gotha fahrzeugwerk gmbh schmitz gotha aid case regist nn letter date june decemb commiss ask germani inform germani repli letter date octob juli april decemb januari letter date commiss inform germani decid initi procedur laid articl ec treati respect aid regist comment present germani receiv august commiss decis initi procedur publish offici journal european commun commiss invit interest parti submit comment aid comment interest parti receiv commiss ask germani question letter date octob germani repli decemb inform receiv juli ii descript aid recipi case concern financi measur restructur schmitz gotha compani situat thuringia activ motor vehicl construct construct bodi trailer schmitz gotha successor gothaer fahrzeugwerk gmbh gotha state own compani privatis belong lintra beteiligungshold gmbh lintra hold addit aid compani belong lintra hold grant loss compens amount dem million period public author support privatis public loss compens complet earli gotha made loss dem million year loss dem million expect privatis gotha regard fail bundesanstalt für vereinigungsbedingt sonderaufgaben bv resum control compani decid continu restructur aim prepar sale final compani schmitz gotha gothaer fahrzeugtechnik part asset gotha deem suitabl sale remain asset oper put liquid figur perform gotha point gt tabl gt potenti investor present dai investor schmitz cargobul ag josef koch gmbh jointli submit offer schmitz gotha acquir asset septemb purchas price dem mr koch subsequ sole manag schmitz gotha takeov schmitz gotha emploi peopl restructur main problem gotha motor vehicl construct schmitz gotha inabl carri serial product competit product made firm depend product order essenti main custom product order meant product small batch small product quantiti technic staf capac firm excess larg lead excess fix cost germani state purpos restructur invest separ infrastructur successor compani revamp mainten replac machineri logist order set effici serial product product decis open formal investig procedur cost restructur gt tabl gt plan origin present firm reach market year achiev sustain posit busi result end fourth busi year restructur plan schmitz gotha concentr product vehicl bodi trailer type special trailer project sale schmitz group client armi rental compani schmitz gotha suppos benefit larg sale network investor octob month takeov investor schmitz gotha acquir dem million hold subcontractor compani found mr koch run manag partner inform injunct contain decis initi proceed circumst hold acquir germani provid purchas contract precis inform previou owner inform submit previous own privat individu dem million purchas price paid februari remain dem million paid annual instal dem provid achiev annual trade profit tax dem assum compani achiev plan result outstand amount dem million set full payment instal amount repaid decreas takeov product streamlin subcontract special vehicl part secur gt tabl gt state financi measur restructur origin measur germani contribut public sourc grant takeov restructur tabl measur origin public contribut gt tabl gt gotha receiv bv grant dem million order compens laid employe germani view measur qualifi aid laid employe recipi measur consid aid germani argu schmitz gotha consid recipi accord german law remain employe germani measur consid aid gotha consid recipi measur serv reduc workforc gotha liquid compani financi contribut sourc origin germani contribut contribut recipi extern commerci sourc tabl measur origin privat contribut gt tabl gt market inform compani activ field motor vehicl manufactur manufactur bodi trailer fall nace rev sector intra commun trade share trailer product amount german market european market origin germani state relev capac measur number worker product hall product consist assembl work number worker increas number product hall remain germani state long wait list deliveri trailer market market excess capac decis initi proceed articl ec treati decis initi formal investig procedur measur tabl contrari germani claim constitut aid consid aid intend facilit employ individu worker regard benefit compani fall applic articl ec treati contrari argument put forward germani bv grant dem million recit consid aid oblig provid redund benefit deriv employ legisl collect agreement consid part normal cost undertak bear measur consid aid schmitz gotha commiss view aid paid gotha sole purpos enabl subsequ takeov successor inform breakdown grant successor inform injunct issu proceed initi aid consid fall commun guidelin state aid rescu restructur firm difficulti guidelin assum part aid grant guidelin publish offici journal european commun commiss express doubt initi proceed sale investor dem compris aid clear sale procedur open uncondit addition unclear price correspond market price liquid appear dem million invest grant measur tabl compli condit scheme refer germani grant measur tabl compli condit scheme refer germani restructur plan suitabl restor long term viabil schmitz gotha potenti oblig repai aid amount dem million deriv neg commiss decis predecessor compani lintra hold schmitz gotha beneficiari jointli sever liabl threaten accomplish goal restructur plan contrari argument put forward germani aid unduli distort competit increas capac number employe increas restructur period aid proport restructur cost benefit financi contribut restructur preliminari assess procedur appear cover restructur cost context appear doubt beneficiari made signific contribut restructur extern commerci resourc contribut germani consid contribut beneficiari mean guidelin vereinsbank loan amount dem million measur tabl inform submit ii vereinsbank loan dem million measur tabl appear refinanc aid measur kfw programm contrari state germani contribut beneficiari restructur appear amount dem million time appear doubt aid limit minimum need restructur undertaken restructur period schmitz gotha acquir hold undertak price dem million respect doubt rais conjunct point ii commiss issu inform injunct pursuant articl council regul ec march lai detail rule applic articl ec treati iii comment germani formal investig procedur germani suppli amend inform relat measur tabl germani inform commiss consist amount origin latest inform schmitz gotha receiv wage subsidi amount dem amount dem supposedli grant accord commiss notic de minimi rule state aid amount dem supposedli grant approv aid scheme lastli amount dem grant provis nation law opinion germani constitut aid gener measur aim employ individu worker confer benefit compani individu emploi worker alloc bv grant dem million compens laid worker transit gotha successor recit germani inform commiss relat asset schmitz gotha employe emploi subsequ receiv redund allow amount dem cover bv grant germani remain amount wind gotha germani inform commiss bv grant dem million measur tabl grant sale procedur germani state due extens press coverag collaps lintra hold potenti interest bidder awar envisag sale asset addition lead compani vehicl industri contact directli sale subsequ compani show interest acquir asset receiv inform materi compani enter closer negoti end submit credibl offer offer schmitz koch prove soundest econom term liquid dem million relat sale price dem germani point liquid establish expert report forensika report concern part asset ident asset sold schmitz gotha account liquid requir suppli financi resourc dem million due neg result earn capac relev asset case posit individu liquid asset sold account fact capac basi evalu realist fulli realist amount evalu reduc restructur cost dem million market asset sold schmitz gotha exceed dem potenti oblig repai dem million relat illeg aid lintra hold germani inform commiss liabil repaid liquid gotha respect potenti distort competit germani suppli addit inform market schmitz gotha market share semi trailer segment germani commun due strong cyclic fluctuat typic industri difficult give accur inform capac situat number registr exist wait list deliveri month excess capac market capac utilis increas order hand increas averag week week averag turnov increas firm product capac larg partial shut increas employe led improv utilis exist product capac addition germani argu guidelin capac measur product capac sens technic capac previou statement capac schmitz gotha measur workforc emploi misunderstood germani stress technic capac increas consist increas number employe state oper octob exact estim futur contract product quantiti signific increas place actual staff accur estim germani state increas staff insignific contribut relat restructur cost benefit germani provid addit inform contribut made beneficiari gt tabl gt gt tabl gt note tabl round figur arithmet correct measur tabl initi amount dem million consist amount origin compris invest grant dem million invest subsidi approv invest subsidi scheme dem give total dem million surplu dem million achiev contribut compani capit reserv dem invest grant contain measur tabl vereinsbank loan measur tabl measur tabl exclus secur collater schmitz gotha kfw refinanc loan provid fallback guarante respect reduc interest rate origin germani state aid element contain loan amount dem dem depend increas accord notic method set refer discount rate appli germani claim contribut beneficiari extern commerci sourc amount dem million latest inform assist public sourc amount dem million compris tabl measur public contribut initi proceed gt tabl gt gt tabl gt iv assess aid pursuant articl ec treati aid grant member state state resourc form whatsoev distort threaten distort competit favour undertak product good incompat common market measur fall scope articl ec treati constitut exist aid gener incompat common market fall scope derog articl articl ec treati state aid inform receiv measur sgb iii measur tabl appear constitut gener measur case consid aid affect outcom decis assess inform receiv dem measur tabl bv grant dem million redund allow relat worker schmitz gotha oblig remain amount dem million conjunct wind gotha assess purpos decis lead compani motor vehicl construct sector contact sale procedur show interest final particip tender liquid establish forensika report concern part asset ident sold schmitz gotha includ addit financi burden occur immedi conjunct sale result addit inform submit germani sale procedur initi doubt sale includ aid element allai articl ec treati appli financi measur made germani recipi undertak commiss note bv feder bodi task predecessor treuhandanstalt privatis state own oper eastern germani bv part feder administr account measur bv regard state measur commiss note kfw germani develop bank bodi govern public law feder govern liabil guarante reason measur kfw attribut state measur involv confer specif undertak econom benefit receiv commerci sourc measur constitut state aid liabl distort competit natur assist exist intra commun trade sector recipi undertak activ financi measur fall scope articl ec treati respect measur ii tabl commiss note inform submit measur compli notic de minimi aid relev year period exce amount eur assess purpos decis assess case measur account respect aid grant approv scheme note view addit inform provid germani measur tabl commiss doubt correct applic scheme allai addition view inform provid respect invest subsidi dem measur tabl mention initi formal investig procedur note light inform subsidi compli condit scheme refer aforement measur assess purpos decis measur amount dem million refer tabl grant accord aid scheme approv commiss consid ad hoc aid decis respect measur tabl loan dem million note loan refinanc kfw reduc interest rate interest rate subsidi explain time grant schmitz gotha consid firm difficulti increas refer interest rate appli account aid element involv interest rate subsidi financ public monei notic method set refer discount rate premium ad situat involv risk schmitz gotha obtain loan term financ provid kfw commiss appli refer interest rate increas minimum premium establish aid element contain loan invest subsidi contain loan repres annual premium dem year regard aid commiss note germani fail compli oblig articl ec treati aid unlaw necessarili aid incompat common market consequ individu measur examin articl ec treati derog articl ec treati purpos aid enabl restructur beneficiari derog mention articl applic articl appli guidelin rescu restructur aid commiss set detail precondit exercis discret articl ec treati inform submit germani formal investig procedur show aid grant recipi public guidelin pursuant recit guidelin guidelin state aid rescu restructur firm difficulti applic precondit elig restructur aid guidelin aid recipi firm difficulti section guidelin typic symptom firm difficulti includ deterior profit increas size loss diminish turnov declin cash flow low net asset commiss note gotha previous make continu loss prove cover year privatis partli public takeov loss gotha regard firm difficulti aid grant firm takeov note activ schmitz gotha involv difficulti inabl carri serial product excess technic workforc capac lead excess fix cost assum structur difficulti gotha investor addit cost gener separ infrastructur restructur plan origin submit anticip continu loss year grant aid commiss assum takeov compani regard firm difficulti decis initi formal investig procedur commiss express doubt condit laid guidelin met restor viabil initi proceed note measur restructur plan gener suitabl restor long term viabil compani note potenti oblig restructur repai aid amount dem million threaten achiev goal plan formal investig procedur germani inform commiss quot quot liabil paid back gotha initi doubt restor viabil allai confirm econom perform firm exceed plan oper result dem million dem million achiev oper profit dem million avoid distort competit commiss note market schmitz gotha oper mark cyclic fluctuat difficult determin precis situat capac view addit inform provid appear excess capac exist commiss note inform provid germani technic capac increas note order restor profit increas workforc capac initi drastic reduc workforc capac increas comparison gotha initi doubt distort competit allai proportion restructur cost benefit guidelin state aid beneficiari expect make signific contribut restructur plan resourc extern commerci financ understood financ accord market condit latest inform restructur cost amount dem million explain cost incur invest firm fix asset latest inform submit cost financ sourc tabl financ restructur cost initi proceed gt tabl gt note tabl round figur arithmet correct germani take view contribut beneficiari resourc extern commerci financ amount dem light inform commiss note measur tabl provis capit amount dem million consid contribut beneficiari loan dem million measur tabl grant privat bank exclus secur collater provid beneficiari public particip consid contribut beneficiari vereinsbank loan amount dem million measur tabl refinanc kfw aid form interest subsidi contribut principl consid provid market condit accord commiss practic previou case amount remain deduct interest subsidi consid contribut made beneficiari long aid element contain loan exclus secur collater provid beneficiari public particip amount dem million measur tabl consid contribut beneficiari relat surplu dem million measur tabl note cashflow gener consid contribut beneficiari directli indirectli gener grant aid measur exact amount determin time restructur plan set principl measur account appli amount dem germani claim invest grant measur tabl measur case regard aid germani state loan grant vereinsbank amount dem million measur tabl due gener surplu appear question amount consid contribut beneficiari restructur affect outcom proportion assess conclud contrari view germani contribut beneficiari extern commerci sourc amount dem million hand consider proport restructur cost financ contribut regard contribut recipi aid part capit surplu achiev compani fact proport contribut aid recipi recognis make cost restructur small note amount close amount dem million financ aid previou case involv german länder commiss accept fairli small contribut recipi initi doubt recipi made signific contribut resourc restructur consid allai proceed initi doubt express aid stipul guidelin limit strict minimum proportion criterion aid limit strict minimum need limit distort effect mean aid enabl recipi financ invest requir restructur start restructur octob schmitz gotha acquir subcontractor dem million dem million purchas price paid half year restructur remain dem million paid annual instal ti achiev specif level turnov takeov regard quot invest quot guidelin justifi regard requir restructur context note investor acquir fix asset dem mr koch investor time founder manag partner futur manag firm commiss point inform injunct purchas contract detail written inform origin ownership structur provid germani light circumst inform provid oral commiss exclud possibl prior takeov substanti part directli indirectli own mr koch famili germani state schmitz gotha manufactur part obtain posit appreci improv term deliveri main purpos takeov cut product cost commiss exclud possibl takeov substanti amount financ restructur fact paid investor rate takeov order ensur good cooper mr koch founder manag partner subsequ manag schmitz gotha appear improb purchas term agre competit firm princip financ subcontract requir market price financi difficulti inform suppli germani show takeov invest compani result substanti save help shorten restructur period year necessarili invest requir order carri restructur compani receiv aid purpos financ restructur principl invest increas effici permiss invest inevit simultan reduc aid recipi abil financ restructur resourc invest success restructur jeopardis unreason delai invest regard requir restructur purpos aid restrict restor viabil firm reason timescal invest requir restor viabil reason time scale inevit financi resourc restructur cost requir reduc amount aid requir restructur invest requir restructur result aid intens minimum proportion criterion requir restructur cut suppli cost justifi carri acquisit purpos restructur germani claim takeov success restructur jeopardis delai unreason extent take account takeov origin plan foresaw achiev posit busi result end fourth busi year recent inform period shorten year result takeov period year order achiev profit threshold regard unreason period purpos restructur contrari origin plan provid fairli rapid restor viabil note takeov restructur carri successfulli period acquisit order restructur success commiss find acquisit essenti achiev object plan resourc acquisit financ restructur reduc amount aid requir restructur purchas price dem million part invest dem million anticip restructur dem million fact takeov occur outset restructur dem million paid half year restructur show stage firm surplu liquid dem million undertak invest restructur remain amount dem million paid subsequ annual instal dem instal paid note payabl achiev annual result tax dem time acquisit profit undertak subsequ achiev anticip result commiss note time acquisit firm achiev desir result view reason capit reserv gener assess contribut recipi restructur surplus acquisit financ guarante amount dem million form part surplu liquid firm commiss conclud aid amount dem million grant excess strict minimum need restructur mean guidelin commiss consid aid amount dem million incompat common market pursuant articl ec treati conclus commiss conclud respect amount dem million aid schmitz gotha limit strict minimum need restructur compli criteria set guidelin germani unlawfulli grant aid question breach articl ec treati aid amount dem million incompat common market fulfil condit set guidelin adopt decis articl amount eur million aid germani grant schmitz gotha fahrzeugwerk gmbh incompat common market articl germani measur recov beneficiari aid refer articl unlawfulli made beneficiari recoveri effect delai accord procedur german 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 octob commiss mario monti member commiss oj footnot busi secret replac quot quot oj oj oj footnot paragraph sozialgesetzbuch iii german social law code investitionszulag für die neuen bundesländ sg oj footnot commiss regul ec januari applic articl ec treati de minimi aid oj oj