commiss decis octob state aid germani intend grant frenzel kyffhäus tiefkühlkost gmbh notifi document number german text authent ec commiss european commun regard treati establish european commun articl thereof regard agreement european econom area articl thereof call interest parti submit comment pursuant provis procedur letter date decemb receiv decemb germani notifi commiss pursuant articl ec treati aid measur benefit frenzel kyffhäus tiefkühlkost gmbh provid commiss inform letter date april receiv april octob receiv octob februari receiv februari august receiv august letter date novemb receiv novemb novemb letter date august receiv august novemb receiv decemb letter date februari commiss inform germani decid initi procedur provid articl ec treati respect state aid commiss decis initi procedur publish offici journal european union commiss call interest parti submit comment state aid commiss receiv comment interest parti germani comment commiss fax date april receiv april inform submit commiss letter date juli receiv juli ii descript aid titl guarante compani engag process veget legal basi german author inform commiss aid grant basi bürgschaftsrichtlini de freistaat thüringen für die gewerblich wirtschaft und die freien beruf thuringian guidelin guarante commerci compani liber profess novemb aid scheme approv commiss letter date decemb sg decis approv aid scheme commiss note scheme appli enterpris involv product process market product list annex treati measur notifi commiss individu aid recipi aid benefit compani frenzel kyffhäus tiefkühlkost gmbh compani produc frozen food process root veget potato locat artern area object region object aid intend acquisit recipi manufactur plant ringleben thuringia manufactur plant veget process compani process line refriger instal potato ventil system freezer unit purchas price fix asset inventori amount eur exist process capac expand invest recipi loan invest gt tabl gt type aid loan state guarante amount loan grant thüringer aufbaubank thuringia reconstruct bank prioriti creditor agre collater loan paid decemb guarante grant time subject approv european commiss secur provid eur rank mortgag compani real estat ringleben assign machineri secur joint guarante subject ceil partner director mr frenzel assign claim risk life insur mr frenzel amount eur charg appli guarante process fee obligo remuner obligo german author notwithstand secur provid compani obtain commerci loan free market allow make purchas addit guarante reason compani locat northern thuringia averag number bankruptci occur german unif specif charact fix asset event insolv privat investor found asset bank practic regard valuat food stock compani financi posit german author state compani turnov cash flow shown constant increas period compani limit share equiti capit decemb consid low compani creditor opinion german author compani consid financi difficulti aid intens german author provid overview calcul cash loan gt tabl gt guarante eur eur loan amount grant equival eur eur german author justifi basi rang accept commiss case viabl enterpris letter decemb sg separ letter date novemb commiss accept aid rate enterpris financi difficulti durat guarante german author provid commiss inform period cover guarante gt tabl gt iii ground initi procedur distinct made loan guarante respect loan inform injunct respect loan loan ii grant basi aid scheme approv commiss footnot basi inform commiss doubt aid scheme invok german author cover sensit sector includ agricultur view doubt accord judgment court justic case commiss consid give german govern formal notic suppli month document inform data enabl commiss determin loan effect cover aid scheme approv previous commiss object guarante commiss doubt compat guarante common market reason point commiss notic applic articl ec treati state aid form guarante commiss examin aid form guarante rule appli form aid basi inform clear recipi enterpris difficulti result unclear legal basi appli evalu aid guidelin state aid rescu restructur firm difficulti restructur guidelin commun guidelin state aid agricultur sector commun guidelin commiss doubt notifi aid met term restructur guidelin german author submit restructur plan compani clear undu distort competit avoid recipi contribut likewis restructur guidelin exclud aid newli creat firm commiss doubt notifi aid met condit point commun guidelin invest improv process market agricultur product check aid intens ceil compli difficult calcul grant equival basi inform data commiss german author justifi german author commiss inform examin complianc condit point commun guidelin commiss doubt notifi aid compris element aid lender clear land thuringia assum risk assum free charg bank aid deem oper aid incompat common market iv comment germani germani repli inform injunct point iii german author recipi financi difficulti matter continu insolv enterpris newli establish german author data compani account commiss believ show compani classifi enterpris difficulti mean restructur guidelin period gt tabl gt addit letter date juli german author commiss updat kei balanc sheet figur compani believ show moment compani financi difficulti german author data compani account commiss gt tabl gt german author submit comment basi commun guidelin state aid connect invest process market agricultur product commiss decis march select criteria adopt invest improv process market condit agricultur forestri product repeal decis eec believ aid met term legal provis letter date juli german author commiss addit inform examin complianc condit commun guidelin state aid agricultur sector intens aid german author made comment grant equival loan calcul gt tabl gt differ nomin real interest rate explain bank fee disagio real rate compani pai higher nomin rate german author loan kfw aid mean articl ec treati real interest rate higher commiss refer rate time grant equival guarante calcul shown point ii german author provid commiss inform matter opinion german author produc calcul cumul aid intens total grant equival loan guarante eur base elig cost eur cumul aid intens german author inform commiss element aid lender question retroact guarante loan grant loan grant subject approv guarante guarante offer made lender novemb subject approv commiss loan agreement lender recipi date novemb loan agreement sign compani bank includ perform guarante thüringer aufbaubank claus collater basi loan agreement guarante provision forc lender grant provision payment loan subject purchas price oblig met delai start busi activ loan paid provision recipi risk lose market foothold entir busi strategi jeopardis lender queri approv guarante state aid evalu loan expect commiss approv view signatori loan agreement perman financ invest project assess aid point measur affect root veget potato sector potato list annex treati subject common organis market commiss accord articl ec treati articl regul eec assess part measur affect potato accord articl sentenc articl ec treati pursuant make propos compat measur commun polici part measur relat root veget competit rule rule state aid appli applic aid scheme nn agricultur sector aid scheme involv region aid commun decemb entri forc region guidelin implement measur germani gave assur take account fact region guidelin applic process market annex product commiss decis aid approv lai quot commun rule agricultur sector oblig aris therefrom appli requir individu notifi case applic quot similar statement found earlier decis approv aid commiss decis aid nn refer back aid nn stipul quot commun rule agricultur fisheri appli quot request provid inform german author provid commiss inform show aid scheme concern appli sensit sector includ agricultur commiss assum basi inform aid scheme cover agricultur sector loan grant ii examin light exist case law aid aid scheme concern no nn misus mean articl council regul ec march commiss reserv examin applic close exist state aid articl ec treati prohibit aid grant member state payabl state resourc form whatsoev distort threaten distort competit favour enterpris product good affect trade member state examin inform reveal condit fulfil measur loan ii guarante financ state resourc favour enterpris agricultur sector thuringia measur distort competit restrict trade member state german author view loan ii kfw mittelstandsprogramm involv aid recit basi inform exist aid rule loan ii loan grant aid scheme approv commiss decis approv scheme commiss state constitut state aid mean articl ec treati fact effect interest rate loan commiss refer rate suffici ground appli articl ec treati refer rate floor rate increas situat involv risk case premium amount basi point privat bank agre grant relev loan case question enterpris bank grant capit market loan author thuringia guarante loan seri secur agre point ii correct refer rate difficult determin basi inform present assum refer rate appli period concern directli applic shown interest rate capit market loan higher addit secur provid guarante reason loan ii kfw regard state aid mean articl ec treati state guarante constitut state aid assess light commiss notic applic articl ec treati state aid form guarante point commiss notic stipul guarante state directli guarante enterpris domin influenc public author constitut state aid mean articl treati point commiss notic list condit met order state guarante consid state aid german author confirm borrow unabl obtain loan financi market market condit state intervent condit point commiss notic met premium paid cover risk guarante born state circumst limit capit confirm german author guarante obtain financ premium reflect market price guarante condit point met light guarante regard state aid mean articl ec treati articl ec treati appli measur decis open formal proceed adopt commiss rule measur contain element aid favour lender point iii basi inform germani commiss paragraph rule guarante exist loan financi commit enter guarante loan repai guarante loan action compani bank grant loan provision loan favour borrow lender basi inform measur regard state aid favour lender applic legal framework aid form guarante assess accord criteria commiss appli kind aid invest rescu restructur aid framework examin acquisit asset establish inform suppli german author letter date april juli recit show compani financi posit consist improv creation point regist capit drawn compani capit shown balanc sheet steadili increas compani creation turnov constantli increas eur eur gross cash flow declin slightli recent year rate total output achiev german author line averag sector similarli result financi year improv light compani consid difficulti mean restructur guidelin commiss examin aid invest improv process market agricultur product light point commun guidelin german author base initi posit april commun guidelin state aid connect invest process market agricultur product commiss decis select criteria adopt invest improv process market condit agricultur forestri product legisl longer forc formal investig procedur open letter date juli german author provid inform permit measur assess light abovement commun guidelin exempt prohibit state aid articl ec treati aid invest improv process market agricultur product grant provid condit met maximum aid intens invest object region maximum rate point commun guidelin invest aid grant enterpris shown econom viabl base assess prospect point enterpris compli commun minimum standard environ hygien anim welfar invest made order compli newli introduc minimum standard environ hygien anim welfar aid grant purpos point cost refer point commun guidelin elig support invest aid grant normal market outlet product concern found assess level relat product concern type invest exist expect capac point maximum rate aid invest made object area maximum aid intens difficult light inform determin aid intens accur commiss calcul variant quot minimum quot quot standard quot quot maximum quot variant examin determin exce maximum aid rate commiss method calcul annex region guidelin annex decis minimum variant minimum variant calcul propos german author total grant equival loan guarante eur compar total elig cost eur cumul aid intens standard variant assumpt made standard variant order calcul grant equival loan nomin interest rate compar refer interest rate commiss determin period concern order calcul grant equival guarante averag rate accept commiss viabl enterpris case point ii maximum variant variant assumpt made order calcul grant equival loan nomin interest rate compar quot market interest rate quot capit market loan quot market interest rate quot interest rate fix undertak bank capit market loan order calcul grant equival guarante upper limit accept commiss decis viabl enterpris case point ii tabl case maximum permiss aid intens exceed condit regard fulfil gt tabl gt viabil enterpris german author examin compani econom viabil gave assur sound state point iv compani financi posit improv recent year addit capit repay outstand loan made plan light assum compani favour develop continu year condit regard fulfil complianc commun minimum standard german author expressli confirm recipi fulfil minimum standard environ hygien anim welfar mean council regul ec support rural develop european agricultur guidanc guarante fund eaggf amend repeal regul condit regard fulfil elig cost cost build work technic facil process root veget potato part project constitut elig expenditur expenditur elig subsidi commun guidelin aid cover part cost purchas manufactur plant respect collect bankruptci proceed initi recipi acquir entir fix capit includ immov asset machineri pursuant point commun guidelin conjunct point region guidelin fix capit format result acquisit establish close close acquir regard initi invest establish belong enterpris difficulti cost acquir manufactur plant regard elig expenditur term commun guidelin market outlet german author confirm exist normal market outlet assess level suffici market outlet recipi product stock lead retail food outlet eastern germani product countri custom found discount outlet constitut fastest grow segment retail trade recipi custom includ wholesal busi expand home deliveri market frozen food invest project increas exist process capac condit regard fulfil vi conclus commiss regret germani fail respond request inform date februari clear infring oblig provid legal cooper laid gener term articl ec treati specif term articl ec treati regul ec commiss reserv step feder republ germani matter reason set commiss consid aid regard compat common market accord articl ec treati fulfil condit laid point commun guidelin state aid agricultur sector commiss notic applic articl ec treati state aid form guarante adopt decis articl aid form low interest loan combin eur guarante loan eur germani intend grant frenzel kyffhäus tiefkühlkost gmbh compat common market accord articl ec treati articl decis address feder republ germani brussel octob commiss franz fischler member commiss oj footnot state aid case italgrani commiss octob ecr oj oj aid notifi april oj amend oj oj oj oj oj footnot oj articl council regul ec octob common organis market fruit veget oj oj footnot oj case law european court justic competit posit firm improv state aid competit rival firm receiv aid gener distort case philip morri holland ecr point german intra commun trade agricultur product eur million import eur million export figur thuringia sourc dg agri oj point commiss notic applic articl ec treati state aid form guarante footnot footnot footnot footnot oj oj oj annex loan standard variant gt tabl gt loan maximum variant gt tabl gt loan ii standard variant gt tabl gt loan ii maximum variant gt tabl gt