commiss decis januari state aid implement germani gothaer fahrzeugtechnik 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 regard comment procedur letter date germani provid commiss inform aid grant gothaer fahrzeugtechnik gmbh hereinaft call gotha technik case regist nn letter date commiss inform germani initi procedur laid articl ec treati respect grant dem million bundesanstalt für vereinigungsbedingt sonderaufgaben hereinaft call bv order germani provid inform enabl examin compat grant made relev scheme commiss decis initi articl procedur publish offici journal european commun commiss invit interest parti submit comment firm receipt aid comment letter date june comment forward germani letter date juli letter date juli germani express agreement comment germani submit comment letter date juli letter date octob commiss put number question germani answer letter date octob descript gotha technik activ weld fine grain steel produc boom jib mobil crane run train centr welder compani locat region elig aid articl ec treati inform provid qualifi sme background ownership veb kraftfahrzeugwerk gotha transfer treuhandanstalt firm convert compani limit liabil gothaer fahrzeugwerk gmbh hereinaft call gotha time produc repair sold vehicl vehicl compon wartburg type end gotha privatis compani ownership lintra beteiligungshold gmbh result unsatisfactori privatis tabl gt tabl gt ii restructur end origin privatis plan prove failur bv step prevent group bankrupt gotha case opt continu restructur bui gotha bv sell compani product line vehicl product compon product separ mr schwabe made manag buyout offer unit compon product divis jib product unit train centr product unit compon product divis product audi vw man cab product remain gotha contract date novemb gotha transfer asset book dem million liabil dem million newli creat compani die gotha forschung entwicklung projektierung gmbh hereinaft call gotha own gotha contract date novemb gotha sold sharehold gotha par dem investor mr schwabe dem gotha renam gotha fahrzeugtechnik gmbh restructur plan time takeov investor drew restructur plan last inform receiv gotha market posit long insuffici clear plan gotha technik concentr expertis weld fine grain steel produc lattic boom jib mobil crane tonn loss make activ product oil storag tank wast contain termin end gotha technik suppli major crane manufactur avail grow tendenc vehicl market outsourc part product custom deutsch grove gmbh account turnov liebherr werk ehingen gmbh mannesman demat gmbh faun gmbh sennebogen gmbh high degre weld expertis indispens market weld train centr kei element plan respons initi train welder hous extern compani switch product individu compon tailor made high qualiti system order ensur product high qualiti long term viabil compani assur invest larg replac obsolet plant equip product optimis concentr workshop ineffici split cost restructur cost restructur gotha technik dem million broken gt tabl gt latest inform provid germani public author contribut dem million broken gt tabl gt measur decis initi formal investig procedur hereinaft call initi decis gotha technik receiv grant dem million bv sold investor measur thüringer aufbaubank award dem million grant commiss approv aid scheme measur inform time preliminari investig dem grant award aid scheme decis novemb decis april compani receiv grant dem scheme formal investig procedur germani claim aid grant compani viabil prospect good measur initi decis kreditanstalt für wiederaufbau hereinaft call kfw grant deutsch kreditbank hereinaft call dkb loan dem million aid scheme formal investig procedur germani identifi scheme erp reconstruct programm east claim loan intens dem measur decis novemb allow grant aid scheme commiss learn procedur latest inform investor parti contribut dem million iii market gotha technik activ weld steel produc boom jib mobil crane product fall categori gener purpos machineri subcategori lift handl equip nace rev categori motor vehicl part accessori transport equip industri nace rev relev inform submit compani turnov gener gt tabl gt market fine grain steel germani forward inform provid deutscher verband für schweißen und artverwandt techniken dv high strength materi characteris greater strength improv elong ruptur compar ordinari steel improv smelt technolog yield strength newton mm offer introduct yield strength newton mm envisag materi enabl compani produc compon reduc thick lower weight volum time fine grain steel exclus product crane improv product cast roll technolog fine grain steel exhibit good weldabl cost weld time lower ordinari steel view dv opinion market high strength fine grain steel grow capac situat germani state excess capac undercapac earli increas share ad gener market transfer crane manufactur crane equip manufactur due increas outsourc transfer respons manufactur qualiti assur supplier todai compon produc outsourc possibl crane manufactur outsourc limit weld expertis market share appar inform receiv gotha technik oper basi order outsourc custom gotha technik market share gaug refer volum order custom outsourc year tabl show volum outsourc compani custom commun market gt tabl gt gotha technik market share commun market commun compani capac germani show expand restructur build product shop order increas ad main aim restructur enabl compani assembl compon product shop cover increas storag space assembl qualiti control iv ground initi articl procedur commiss inclin gotha technik profit bv grant dem million award gotha believ compani receiv addit wage cost subsidi dem suspect sale involv aid investor measur no grant basi aid scheme approv commiss lack inform commiss unabl assess initi decis aid compli term scheme inform order issu pursuant articl council regul ec march lai detail rule applic articl ec treati measur worth dem million consid aid examin articl ec treati commiss notic commun guidelin state aid rescu restructur firm difficulti hereinaft call guidelin guidelin continu appli notifi aid grant prior public guidelin case aid gotha technik commiss reserv plan capabl restor compani viabil overcapac market compani oper investor contribut signific legal assess aid mean articl ec treati state initi decis measur no consid aid germani challeng statement comment measur likewis consid aid measur undoubtedli confer advantag gotha technik reduc cost bear gotha technik aid recipi produc jib boom crane activ involv trade member state aid element sale gotha technik germani claim investor offer emerg open transpar sale procedur gotha bv sell compani compon product divis separ mbo offer receiv unit divis jib product unit train centr asset liabil jib product unit train centr brought compani own gotha share transfer investor consider dem germani opinion aid involv transact price obtain market rule aid element transact bv demand price compani market commiss verifi sale procedur purpos establish market commiss commun state aid element sale land build public author commiss remark privatis competit report sale price market price sale effect open uncondit tender procedur asset highest bidder bidder time inform carri proper valuat asset procedur independ assess carri order establish market lack inform commiss unabl carri assess initi decis issu inform order commiss assess tender procedur satisfi condit set recit place note call tender made germani consid renew invit tender unnecessari plan sale compani report numer press articl industri potenti buyer contact write sale procedur open advertis long period press notic potenti buyer contact potenti buyer inform bidder light inform provid formal investig procedur case schmitz gotha compani involv activ vehicl construct sector sector gotha technik oper press articl germani submit copi articl furnish detail origin content commiss consid sale procedur open sale procedur open mean establish market commiss verifi market price establish independ assess basi independ evalu liquid gotha carri hereinaft call studi germani invok liquid asset investor studi thing liquid plan entir compon product divis schedul break period juli june plan base expect earn invest period reserv year question respect compon product show liquid dem million germani figur dem million take account current asset product unit compon product divis worth dem million transfer investor remain gotha germani opinion current asset includ calcul break jib product unit train centr investor view germani consid liquid product unit transfer investor price dem paid investor market price commiss point figur dem million invok germani stem liquid plan base net asset compon product divis individu product unit divis germani hypothesi figur dem million cover asset remain gotha account implaus commiss take view germani content investor paid market price base studi absenc open tender procedur suitabl independ evalu commiss assum price paid investor market price rule possibl transact involv aid mr schwabe view fact transfer investor essenti element restructur compani locat länder guidelin applic commiss examin measur framework present proceed amount aid involv commiss take note fact break compani altern sell investor commiss consid liquid reflect true gotha time sold basi inform obtain formal investig procedur total liquid compon product divis dem million amount aid grant investor connect transfer dem million absenc inform commiss oblig figur aid element sharehold tb initi decis commiss unabl assess aid involv gotha technik purchas stake technisch bildungsstätt gmbh hereinaft call tb gotha control bv inform order issu procedur commiss learn open uncondit tender procedur share compani par dem transfer dem manag enterpris contract june commiss consid aid involv gotha technik acquir sharehold bv grant dem million septemb gotha receiv dem million bv grant cover sever payment worker made redund initi decis commiss express view gotha technik benefit aid commiss inform aid put time regard aid gotha compani inform order issu respons order germani state section german civil code applic german länder januari inform furnish aid make sever payment worker laid gotha germani state gotha technik hire employe jib product unit weld train centr gotha claim worker base senior transfer compani redund benefit paid gotha technik view compani receiv aid commiss take view question section civil code applic time secondari import gotha gotha technik undertook contractu employe kei element commiss assess real aid put inform procedur clear inform receiv formal investig procedur aid payment made gotha technik commiss take view gotha technik regard recipi aid dem employ grant inform receiv prior initi procedur compani receiv employ grant total dem lack suffici inform commiss unabl assess initi decis grant consid aid issu inform order inform furnish procedur grant dem made aid scheme approv commiss constitut aid compat examin recit grant dem made section german social code part iii base approv aid scheme commiss note undertak entitl kind grant provid compli term relev legisl measur limit undertak sector product qualifi gener measur ii aid state germani exist aid germani measur no employ grant cover exist aid scheme measur grant joint feder govern länder programm commiss unabl assess initi decis aid compli term programm question inform order issu invest project locat region fall articl ec treati case gotha technik maximum aid intens gross elig invest dem million carri octob octob total amount region aid includ measur special depreci dem million intens aid exist aid account assess proportion guidelin measur award sme invest scheme compani good prospect viabil elig aid scheme initi decis commiss express reserv base viabil criterion doubt measur compli scheme inform order issu formal investig procedur germani claim compani good prospect viabil end onward back claim provid compani record septemb assess measur base time commiss note gotha threaten bankruptci viabl gotha jib product unit incur loss sold investor investor compani turnov notabl improv result oper profit dem septemb year year compani excess capac asset grew dem million dem million septemb commiss note land guarante provid bank circumst call present case opinion compani good prospect viabil aid grant end commiss opinion measur exist aid account purpos assess proportion measur procedur germani identifi relev scheme quot erp reconstruct programm east quot kreditanstalt für wiederaufbau inform furnish procedur condit maximum aid ceil sme locat länder met aid qualifi exist aid account purpos assess proportion guidelin aid element loan amount dem refer procedur commiss note aid element loan interest subsidi evalu interest subsidi commiss appli commun refer interest rate applic time aid element dem measur tax refund commiss inform procedur initi condit maximum aid intens gross sme locat länder met aid qualifi exist aid account proportion assess guidelin dem employ grant commiss learnt procedur award approv aid scheme light inform furnish procedur opinion condit satisfi aid regard exist aid account proportion assess iii aid initi decis measur bv grant base exist scheme regard aid fall examin procedur aid principl incompat common market derog articl ec treati appli germani invok derog articl treati justifi aid basi derog articl treati derog articl treati commiss note thuringia assist region mean provis state guidelin nation region aid commiss opinion absenc proof contrari individu ad hoc aid payment made singl firm fulfil requir grant region aid commiss state guidelin ad hoc aid individu firm difficulti treat region aid fall scope articl view primari aim aid establish viabil firm derog articl treati appli commiss verifi aid satisfi criteria set guidelin state aid rescu restructur firm difficulti recit elig guidelin point guidelin typic symptom firm difficulti diminish turnov increas loss declin cash flow low net asset commiss note gotha threaten bankruptci gotha technik incur loss sale investor place aid grant compani elig restructur aid guidelin restor viabil reason time scale point guidelin restructur plan restor long term viabil firm reason time scale basi realist assumpt futur oper condit commiss note perform compani expect breakeven achiev plan compani achiev turnov dem million earn oper profit dem million initi decis commiss rais question oblig recov incompat aid approxim dem million gotha context aid case lintra addit liabil restructur gotha technik influenc evalu viabil criterion inform furnish procedur gotha discharg recoveri oblig interest june pai total dem million commiss matter settl commiss consid compani compet merit doubt viabil express initi decis allai inform furnish procedur undu distort competit guidelin aid unduli distort competit point ii guidelin stipul event excess capac sector restructur plan provid reduct capac aid recipi commiss note gotha technik sme locat articl region gotha technik produc boom jib crane industri highli specialis market latest inform compani share commun market commun benefit grow tendenc crane manufactur outsourc product compon initi decis commiss inform verifi overcapac market basi inform furnish procedur commiss opinion market growth market excess capac germani capac remain utilis increas lack inform commiss unabl evalu initi decis build product shop meant increas capac formal investig procedur germani show build order increas ad line restructur plan expand capac present procedur initi state compani activ weld aluminium profil rail vehicl lack inform market commiss unabl evalu initi decis overcapac market question procedur germani state busi weld aluminium profil light inform furnish procedur commiss opinion reserv express initi decis allai view aid unduli distort competit proportion aid point iii guidelin intens aid limit strict minimum need enabl restructur undertaken aid recipi make signific contribut restructur plan contribut made public author restructur total dem million initi decis commiss reserv investor contribut dem signific contribut dem million invok germani account lack inform stage inform order issu procedur updat tabl receiv investor bank contribut dem million broken gt tabl gt contribut commiss inform exact term initi decis inform obtain procedur loan question amount dem million annum term year secur mortgag land gotha commiss note compani good prospect viabil loan grant consid loan qualifi investor contribut contribut commiss likewis inform term initi decis latest inform privat firm involv agreement concern machineri equip interest rate term month commiss opinion agreement consid investor contribut contribut commiss note kfw loan grant dkb grant aid scheme explain recit aid element dem question part loan cover aid scheme regard investor contribut commiss note interest subsidi aid element case view commiss opinion dkb guarante dem million consid investor contribut contribut commiss learn formal investig procedur grant senior execut interest rate term expir septemb decis make practic commiss accept manag loan investor contribut restructur effect manag buyout germani state senior execut form part compani manag view commiss loan investor contribut initi decis commiss rais question oblig recov incompat aid approxim dem million gotha context aid case lintra influenc assess proportion aid state paragraph recoveri oblig discharg gotha june commiss matter settl view investor contribut amount dem million commiss reiter sale gotha gotha technik investor dem aid element dem million recit guidelin investor contribut restructur resourc extern commerci financ amount aid investor investor contribut fulfil condit investor contribut amount dem million restructur cost commiss consid amount signific mean guidelin basi inform furnish procedur commiss opinion reserv allai consid aid proportion restructur benefit conclus commiss find germani implement aid breach articl ec treati aid compat common market compli term guidelin adopt decis articl aid germani implement gothaer fahrzeugtechnik gmbh amount dem million eur compat common market mean articl ec treati articl decis address feder republ germani brussel januari commiss mario monti member commiss oj footnot commun guidelin state aid small medium size enterpris oj gotha vehicl product line bought schmitz cargobul ag josef koch gmbh dem aid grant context examin context investig case schmitz gotha contract bring asset novemb valid retroact septemb contract purchas assign share novemb valid retroact octob nn joint feder govern länder programm improv region econom structur framework plan sg august nn direct land thuringia favour invest sme sg june sg decemb invest allow act sg decemb european commiss panorama european busi european commiss panorama european busi oj oj chapter commun guidelin state aid rescu restructur firm difficulti notic member state includ propos measur oj oj european commiss quot xxiiird report competit polici quot involv compani kässbohrer fahrzeugwerk kögel fahrzeugwerk ag fahrzeugwerk bernhardt krone gmbh fahrzeugbau langendorf gmbh amp kg schmitz cargobul ag commun public land sale footnot letter germani date august forensika gmbh wirtschaftsprüfungsgesellschaft quot gutachten zur ermittlung de liquidationswert der gothaer fahrzeugwerk gmbh zum quot annex evalu stem evalu gotha commerci balanc sheet event compani broken annex studi contract sale gotha ensur mean employe transfer gotha subsequ gotha technik accord section civil code reduct gotha workforc effect order compli contractu oblig consid measur preparatori takeov nn wage cost subsidi east sg line case saalfeld hebezeugbau gmbh letter germani date juli sg view born assess viabil criterion recit seq elig invest dem million carri juli intens public guarante exempt liabil provid secur bank case request gotha technik elig invest dem million carri juli intens footnot oj oj public guarante exempt liabil grant loan secur mortgag land gotha