commiss decis octob state aid implement germani zeitzer maschinen anlagen gerät zemag 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 refer press articl frankfurt allgemein zeitung septemb privatis zeitzer maschinen anlagen gerät zemag gmbh hereinaft refer quot zemag quot commiss request inform germani letter date march germani notifi commiss restructur aid restructur zemag accord articl ec treati letter date commiss inform germani case regist notifi aid commit partli disburs commiss posit letter date june march june decemb octob commiss request addit inform germani repli letter date juli septemb march august januari februari octob novemb talk place march berlin januari zeitz repres germani investor letter date februari commiss inform germani decid initi procedur laid articl ec treati respect aid time inform germani decis issu inform injunct articl council regul ec commiss decis initi procedur issu inform injunct publish offici journal european commun commiss invit interest parti submit comment aid june bankruptci administr zemag issu opinion initi procedur germani respond injunct initi procedur januari juli ii descript ii background restructur zemag situat zeitz saxoni anhalt germani develop manufactur machineri plant briquet process gypsum lignit power station feeder granul dung saxoni anhalt area elig region aid articl ec treati zemag belong group eastern german compani privatis efb verwaltung gmbh amp manag kg lintra beteiligungshold gmbh hereinaft refer quot lintra quot end restructur plan undertaken lintra deem fail januari bundesanstalt für vereinigungsbedingt sonderaufgaben successor treuhand privatis agenc hereinaft refer quot bv quot decid restructur zemag view prepar resal ii restructur zemag employe turnov dem million employ threshold financi ceil exceed zemag regard sme mean commiss recommend april definit small medium size enterpris germani investor restructur chosen open uncondit bid procedur basi negoti carri interest parti mr lobeck mr jacobi privat businessmen turn submit bid octob share zemag transfer lintra mr lobeck mr jacobi dem ii restructur plan restructur plan submit envisag restructur period stretch end address kei area identifi reason failur privatis lack commerci manag zemag larg number highli experienc engin lack experienc manag commerci function financ control sale overstaf prior current restructur zemag emploi peopl need led monthli loss dem million workforc reduc market product mark declin lignit mine market found zemag product addit manufactur structur loss make product crane abandon restructur plan turnov increas dem million dem million posit oper result envisag onward germani total cost restructur zemag dem million gt tabl gt germani gave figur public financ cost restructur gt tabl gt germani industri sector zemag oper larg amount work capit form guarante quot avalrahmen quot cash busi transact quot kontokorr quot typic need guarante pre financ contractu work cover warranti oblig germani gave figur privat financ cost zemag restructur gt tabl gt germani provid inform show workforc wish firm reduc staff cost inform forthcom employe particip model implement ii market analysi zemag develop produc machineri plant briquet process gypsum lignit power station feeder granul dung machineri produc part industri plant separ machineri product belong group gener purpos machineri includ machineri power station nace code inform provid germani main geograph market zemag germani eastern europ turkei india china south africa brazil prior germani virtual market zemag restructur zemag achiev market share product gt tabl gt germani state overcapac zemag product market trend zemag capac busi develop gt tabl gt zemag capac total product hour year reduc end decemb product hour year number employe cut increas increas introduct shift system total maximum product hour rise product hour year ii introduct procedur decis decemb notifi germani februari commiss initi procedur articl ec treati time inform germani decis issu inform injunct articl regul ec respect measur allegedli grant scheme previous approv commiss decis initi formal investig procedur commiss express doubt restructur plan put firm posit cover cost includ depreci financi charg extent viabil criterion met relax principl requir proportion reduct capac allow increas product hour essenti restor firm viabil aid beneficiari make substanti contribut restructur cost resourc commiss note dem million reduct wage cost regard contribut aid beneficiari contribut workforc restructur cost addit payment dem million workforc regard contribut restructur cost appear detail measur decid commiss note privat bank intend increas zemag credit line dem million guarante line dem million dem million total germani gave indic exact term measur grant end commiss unabl ascertain grant uncondition market term reason includ analysi aid proportion addit commiss state aid measur zemag restructur consid incompat common market lintra decis includ assess privat investor contribut restructur cost iii comment germani interest parti januari germani inform commiss zemag file bankruptci decemb june bankruptci administr zemag submit comment initi procedur measur question assess light articl ec treati view restructur plan restor zemag viabil explain account unresolv state aid situat financi resourc firm secur loan privat bank resourc financ restructur measur restor zemag viabil delai juli germani submit inform determin aid grant previous authoris scheme satisfi condit laid decis time submit comment initi formal investig procedur hold view time aid grant restructur plan restor compani long term viabil iv assess aid iv compat aid ec treati articl ec treati aid grant member state state resourc form whatsoev distort threaten distort competit favour undertak product good affect trade member state incompat common market pursuant case law european court justic criterion aid affect met recipi firm carri econom activ involv trade member state commiss note aid grant state resourc firm favour reduc cost bear want carri notifi restructur project aid recipi zemag develop manufactur machineri subject trade member state aid question fall scope articl ec treati exempt derog basic prohibit aid articl grant articl articl empow commiss approv state aid grant economi area germani affect divis germani aid requir order compens econom disadvantag caus divis germani interest parti provid inform prove aid specif design compens advantag caus divis germani contrari appear inform submit germani aid grant order restructur firm difficulti divis germani firm difficulti pursuant case law european court justic applic articl ec treati case justifi case fall scope articl ec treati empow commiss approv state aid circumst articl commiss authoris grant state aid design promot econom develop area standard live abnorm low underemploy land saxoni anhalt caught provis case main purpos aid promot develop econom sector promot econom develop region aid assess articl articl guidelin rescu restructur aid hereinaft refer quot guidelin quot commiss spelt detail criteria assess aid design restructur firm paragraph guidelin typic symptom firm difficulti deterior profit increas size loss diminish turnov declin cash flow low net asset commiss note zemag made loss privatis loss amount dem million firm regard firm difficulti iv aid allegedli grant approv scheme decis initi investig procedur commiss note total public contribut restructur cost dem million allegedli grant basi approv scheme germani provid suffici detail enabl commiss determin measur compli threshold condit laid scheme issu inform injunct pursuant articl regul ec inform submit germani respons inform injunct appear septemb germani provid zemag invest grant dem million aid grant basi aid scheme previous approv commiss account lower level invest zemag grant reduc juli dem million zemag file bankruptci decemb dem million paid commiss note measur compli threshold condit laid scheme measur regard exist aid mean articl ii regul ec commiss assess compat decis aid dem million account assess proportion aid pursuant paragraph iii guidelin iv restor viabil grant restructur aid requir detail restructur plan capabl restor long term viabil health firm reason time span basi realist assumpt futur oper condit fulfil viabil criterion restructur plan put firm posit cover cost includ depreci financi charg initi formal investig procedur commiss express reserv restructur plan consid capabl put firm posit cover cost rais doubt submit restructur plan fulfil viabil criterion laid guidelin respons initi investig procedur germani bankruptci administr zemag point time aid grant restructur plan restor zemag long term viabil commiss note zemag oper market segment provid contract relat guarante guarante provid year contract fulfil firm oper market segment pre financ contract cover unsettl claim case client pai time commiss note past zemag cover guarante pre financ larg extent public measur restructur plan submit guarante cover futur guarante line land saxoni anhalt commiss point investor zemag privat businessmen limit resourc provid financ firm commiss note restructur plan submit envisag addit financi contribut restructur cost recit workforc privat bank basi inform provid appear financi contribut provid market investor basi restructur plan prepar provid firm financi resourc take fact account commiss opinion restructur plan adequ tackl problem put firm posit cover cost includ depreci financi charg view born firm econom develop restructur period commiss take view restructur plan satisfi viabil criterion laid guidelin note recoveri claim lintra addit burden firm commiss note firm file bankruptci decemb clear long term viabil zemag achiev iv avoid undu distort competit restructur measur offset advers effect competitor aid contrari common interest elig exempt articl ec treati mean firm oper market commun object assess suppli demand show structur excess product capac restructur plan make signific contribut proportion amount aid receiv restructur industri serv relev market irrevers reduc close capac market zemag oper highli specialis product market germani overcapac market restructur plan submit zemag reduc product capac hour year hour year firm receipt restructur aid increas capac surviv threaten exempt explicitli invok justifi present case explan increas capac reason commiss conclud restructur plan submit suffici measur counter neg effect competitor iv aid proport restructur cost benefit amount intens aid limit strict minimum need enabl restructur undertaken relat benefit anticip commun point view aid recipi make signific contribut restructur cost resourc extern commerci financ initi formal investig procedur commiss note workforc contribut dem million restructur cost addit contribut workforc dem million account detail particip workforc definit decid measur grant restructur period question commiss regard restructur measur commiss note privat bank intend increas zemag credit line dem million guarante line dem million germani provid inform exact term measur grant end commiss includ proportion analysi restructur measur contribut extern commerci financ restructur cost reason commiss view decis total cost restructur zemag amount dem million contribut aid recipi dem million total cost take account addit burden recoveri claim lintra regard quot signific quot mean guidelin commiss note basi inform submit respons initi investig procedur addit contribut restructur cost workforc addit bank financ grant initi formal investig procedur commiss state aid grant zemag lintra assess part case lintra beteiligungshold gmbh present case amount aid account examin investor make signific contribut restructur cost march commiss partli neg decis aid lintra subsidiari germani requir recov dem million lintra subsidiari amount aid grant zemag incompat common market total dem million commiss note germani suppli inform amount account analys aid limit strict minimum aid recipi make signific contribut restructur plan resourc lastli born mind aid recipi appar contribut dem million restructur cost dem million public measur restructur includ dem million grant previous approv scheme amount dem million amount includ aid measur amount dem million regard incompat common market recov result lintra decis conclud aid proport restructur cost benefit addit fact restructur plan suitabl return zemag long term viabil bear commiss assess view forego commiss conclud criterion laid guidelin met conclus commiss find germani grant aid question breach articl ec treati amount dem million aid incompat common market recov zemag adopt decis articl state aid germani implement zeitzer maschinen anlagen gerät zemag gmbh amount dem million incompat common market articl germani measur recov beneficiari aid refer articl unlawfulli made beneficiari recoveri effect delai accord procedur nation 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 oj footnot oj annex articl germani workforc agre work year increas salari save dem christma holidai bonu save dem million quid pro quo sharehold firm panorama eu industri march commiss partli neg decis aid lintra subsidiari germani requir recov amount dem million amount misus aid grant zemag total dem million inter alia join case freistaat sachsen commiss ecr ii commun guidelin state aid rescu restructur firm difficulti oj guidelin revis oj version guidelin applic aid grant revis guidelin publish section version gener plan feder govern länder joint programm improv region econom structur aid end guarante grant bv convert guarante land saxoni anhalt guarante grant basi aid scheme previous approv commiss