commiss decis juli aid grant germani weida leder gmbh weida thuringia 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 march regist receiv march germani inform commiss dem million loan weida leder gmbh weida thuringia intend financ restructur measur letter date april juli august march commiss request inform germani provid letter date juli octob novemb januari inform suppli septemb meet commiss german author aid regist emerg inform provid germani thuringia made aid firm notifi commiss thereof breach articl ec treati case regist march nn letter date march commiss inform germani decid initi procedur laid articl ec treati respect aid commiss decis initi procedur publish offici journal european commun commiss invit interest parti submit comment aid receiv comment interest parti letter date june germani inform commiss firm file bankruptci ii detail descript aid weida leder gmbh weida form veb lederwerk weida transform lederwerk weida gmbh main activ firm locat municip weida thuringia produc leather furnitur industri region high unemploy classifi object area purpos commun region polici area underdevelop commun standard elig region aid articl ec treati recent firm emploi peopl attempt privatis firm fail firm share return portfolio treuhandanstalt octob bankruptci proceed initi order establish firm market find suitabl buyer meantim land thuringia launch rescu support sustain basi reason structur labour market polici mean ensur continu exist extrem structur weak area eastern thuringia fulli integr tanneri länder octob weida leder gmbh establish asset firm respect bankruptci proceed initi firm share wholli own elster manag gmbh amp investit beteiligung kg elster kg interrelationship compani involv liabil situat elster kg thuring aufbaubank tab credit institut govern public law own land thuringia consid privatis place specif natur market thuringian author search investor prove unsuccess order remain busi carri restructur measur plan period lead privatis firm recent year carri invest programm receiv substanti aid purpos financi effort weida unabl consolid posit plan turnov target met firm result unsatisfactori plan profit concern aid intend secur liquid remain busi firm file bankruptci purpos dispos weida wast water firm locat site firm abwasserreinigungsanlag schlossmühlenweg weida gmbh set share own weida remain municip weida plant serv exclus treat wast water weida firm rent site busi park firm concern servic firm produc urban wast water weida sole user plant term volum wast feed weida benefit varieti aid measur aim stabilis rescu carri end improv busi structur context negoti potenti investor octob land thuringia provid outright grant dem million sme invest safeguard programm approv commiss novemb initi fund support asset deal result bankruptci proceed march thuringia guarante dem million loan amount aid dem million firm need consolid oper septemb land enter guarante respect dem million loan amount aid dem million guarante underwritten bayerisch landesanstalt für aufbaufinanzierung lfa basi guarante regul land thuringia lender dresdner bank ag thüringer aufbaubank tab public credit institut own land thuringia guarante loan subsequ realloc purpos occas end dem million invest dem million oper expenditur timelimit guarante tab loan life loan provision limit decemb reason short life fact effort made obtain refinanc commerci bank state firm time fund provid loan foreseen obtain refinanc reason period extend life loan guarante addit invest oper loan firm provid dem million loan consolid fund case nn end cover liquid shortfal arisen result firm entri market liquid support grant februari juli credit mandat thuringia ministri financ form dem million loan letter subordin cover dem million claim loan grant decemb interest rate annum consider govern support dem million loan tab need end secur firm liquid enabl remain busi land thuringia preferenti creditor issu letter subordin cover dem million claim order avert bankruptci proceed respect compani asset administr decis januari octob weida award invest grant dem million dem million fund commiss approv joint feder govern länder scheme improv region econom structur dem million grant paid initi articl procedur tabl complet list state aid grant weida end gt tabl gt approxim dem million invest weida subsidiari wast water treatment plant dem million financ public monei plant urgent need firm futur oper treuhandanstalt decid februari contribut fund need construct contribut form repay grant dem million addit land thuringia provid invest grant dem million joint scheme improv region econom structur remain dem million provid weida sharehold loan loan secur guarante lfa loan due date initi fix accord loan agreement line durat guarante decemb subsequ extend ow firm situat insuffici inform provid commiss date figur amend term loan guarante tabl show composit aid receiv weida subsidiari wast water treatment plant gt tabl gt aid grant weida subsidiari abwasserreinigungsanlag schlossmühlenweg weida gmbh total dem million oppos contribut sharehold elster kg financ weida restructur limit nomin capit dem dem guarante mr jessen partner elster kg issu land guarante procedur statement oblig limit time respect invest grant paid weida joint feder govern länder scheme initi procedur commiss express doubt applic guidelin state aid rescu restructur firm difficulti guidelin firm newli form asset bankruptci time proceed initi viabl restructur plan present weida financi situat appar worsen massiv inject public fund doubt viabil dispel addit privatis place financ weida provision privat investor found determin propos amount aid restructur effort commiss complain lack relev inform enabl assess compat aid articl ec treati relev market weida leder gmbh market tan product main product tan sector leather made shoe cloth leather good furnitur leather industri show consider growth countri asia america eastern europ countri import player internation western europ capac output declin steadili eu tan industri lost quarter industri base worker shrunk product unit worker begin greatest loss product unit occur northern europ germani suffer sharp declin number tanneri hand turnov remain tanneri commun doubl eur million eur million eu tanner adjust product meet higher qualiti standard improv fashion content leather compani gener own famili gener fall size categori weida employe shoe industri take eu tanneri product tan industri import market cloth industri account furnitur industri leather good eu leather industri cope difficult econom condit europ grow competit countri prospect mark increas demand leather commun tanner face difficulti result recent scandal bse affect suppli hide skin push price rapidli small firm narrow profit margin futur difficulti procur raw materi iii comment germani inform initi proceed germani argu measur land thuringia support asset deal result firm bankruptci rate privatis time conced role elster kg transit administr conclud actual privatis firm place germani state rescu plan firm long term restructur plan lack privat investor firm firm futur direct necessarili depend investor detail plan present extent rescu plan support takeov asset suffic prove exist restructur plan commiss assess expect turnov figur profit figur achiev reject germani conced basi firm actual result origin plan turnov target correct origin target firm break chang depend achiev reduct interest payment firm bank regard legal base aid grant germani explain state guarante grant basi commiss approv guarante scheme administ lfa land thuringia tha bv financi measur set wast water treatment plant claim tantamount grant cover tha scheme conclus germani inform commiss firm file bankruptci iv assess aid germani aid weida subsidiari abwasserreinigungsanlag schlossmühlenweg weida gmbh grant public fund distort competit singl market enabl assist firm financ oper invest public purs preferenti treatment distort trade member state measur fall scope articl ec treati abwasserreinigungsanlag schlossmühlenweg weida gmbh own predominantli serv weida aid grant examin aid grant weida aid provid thuringia tha bv part grant notifi commiss breach articl ec treati grant aid scheme approv commiss examin ad hoc aid accord gener rule govern grant state aid sme invest safeguard programm land thuringia octob thuringia made grant dem million abovement programm approv commiss novemb commun august commiss germani expressli state purpos aid programm grant rescu restructur aid weida leder gmbh regard compani difficulti aid grant programm approv commiss cover approv aid scheme thuringian fund consolid firm difficulti nn decemb land thuringia grant dem million loan cite scheme legal basi fund design assist rescu restructur sme examin detail condit scheme met approv commiss februari aid grant commiss approv cover approv scheme guarante scheme administ lfa land thuringia germani state guarante respect loan dem million dem million grant march septemb made guarante scheme administ lfa land thuringia claim guarante scheme contain indic arrang notifi time respons request inform made initi procedur commiss fulli inform assess compat aid joint feder govern länder scheme improv region econom structur invest grant dem million dem million award joint feder govern länder scheme improv region econom structur dem million grant paid ow initi procedur articl ec treati weida subsidiari award invest grant total dem million wast water treatment plant fund paid novemb april joint scheme assist grant respect invest improv infrastructur directli serv industri aid grant joint scheme fall scope articl ec treati rank region invest aid exempt gener prohibit aid articl tha scheme dem million aid grant tha bv set wast water treatment plant repay grant cover tha scheme comment dem million grant joint scheme cover approv scheme remain aid dem million grant approv scheme aid grant relat programm approv commiss derog articl ec treati quot aid facilit develop econom activ aid affect trade condit extent contrari common interest quot applic main purpos aid question restructur firm difficulti aid consid compat common market criteria laid guidelin met appli guidelin born mind gener applic newli form firm context rescu asset firm subject bankruptci proceed principl appli aid firm länder transit plan market economi rise problem low level equiti capitalis typic firm länder justifi regard newli form compani firm difficulti organis busi activ continu firm special convers relat problem aid firm grow compani asset subject bankruptci proceed regard restructur aid case case privat investor involv newli form firm make signific contribut restructur fund present case state financ compani provision weida leder gmbh privatis privat particip immedi bankruptci tan firm weida leder gmbh produc leather furnitur industri firm unabl firmli establish market prospect improv posit sector leather industri regard satisfactori view seemingli suffici level capac utilis find privat investor firm financ sole transit basi order busi purpos restructur aid return assist firm viabil long term demand restructur plan basi physic financi restructur measur capit inject debt reduct ensur firm competit surviv state aid absenc plan commiss aid oper aid design offset loss aid admiss realist restructur plan submit subsequ firm viabil restor undu advers effect competit commun restructur plan reach sound precis comprehens measur restor firm long term profit posit cover cost gener minimum return capit inform commiss dispos demonstr doubt aid grant viabl restructur plan concret oper measur enabl commiss identifi posit financi result measur germani conced repli june commiss letter initi procedur state present phase present detail plan firm futur direct necessarili depend investor demonstr long term viabil health firm guarante reason timescal basi realist assumpt futur oper condit unclear firm intend bring cost structur high financi charg control commiss decis initi procedur articl ec treati explicitli ask germani provid inform regard restructur plan decis basi inform forecast firm develop turn incorrect articl procedur initi highli firm medium term repai loan total dem million basi posit cash flow forecast assum make loss dem million addit letter subordin part loan effect constitut equiti capit repay loan equival amount equiti capit sharehold loan forthcom declin profit mount loss fall turnov soar debt interest payment firm eventu forc file bankruptci commiss conclud condit set guidelin met restructur aid weida approv conclus commiss find germani unlawfulli implement aid breach articl ec treati decid factor commiss assess fact investor prepar firm germani fail submit realist restructur plan enabl restor firm long term viabil privat contribut establish aid grant proport restructur effort condit set guidelin long term viabil health firm restor reason timescal basi realist assumpt futur oper condit consid fulfil aid grant weida leder gmbh subsidiari approv derog provid articl ec treati appli dem million aid grant weida leder gmbh subsidiari adopt decis articl aid germani grant weida leder gmbh amount dem million abwasserreinigungsanlag schlossmühlenweg weida gmbh amount dem million incompat common market pursuant articl ec treati articl germani measur recov recipi aid refer articl unlawfulli made recipi recoveri effect accord procedur nation law aid recov includ interest date made recipi 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 juli commiss mario monti member commiss oj footnot commiss decis ec oj decis april nn letter sg june commiss approv prolong aid scheme year consider doubt compat aid scheme implement commiss decemb initi procedur laid articl ec treati commiss decis commiss letter sg decemb oj panorama eu industri commiss decis sole guarante loan commiss notic iritecna oj commiss decis juli air franc cdc oj judgment court justic join case spain commiss ecr paragraph articl point gatt subsidi agreement oj case italian republ commiss ecr case french republ commiss ecr confirm join case feder republ germani pleuger worthington commiss ecr