commiss decis april measur germani provid assist industri plant firm thuringia landesentwicklungsgesellschaft thüringen 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 regard comment receiv procedur letter date april octob commiss receiv inform parti activ landesentwicklungsgesellschaft mbh thüringen quot leg thüringen quot compat commun state aid legisl letter date novemb commiss ask germani suppli detail relev inform germani suppli addit inform letter juli juli juli septemb decemb letter date march commiss inform germani decid initi procedur laid articl ec treati respect aid industri plant land thuringia grant leg thüringen commiss decis initi procedur publish offici journal european commun commiss invit interest parti submit comment commiss receiv comment interest parti forward germani letter date januari germani submit observ comment letter date septemb detail descript leg thüringen privat limit compani gmbh set govern land thuringia privat law indefinit period sharehold land thuringia hold landeswohnung und städtebaugesellschaft bayern gmbh nürnberg wohnstatt stadtentwicklung und wohnungsbaugesellschaft hessen mbh kassel govern thuringia leg thüringen power act area commiss initi formal investig procedur respect leg thüringen role connect industri plant memorandum articl associ gesellschaftsvertrag leg thüringen provid assist form connect task measur interest thuringia seek promot structur develop build infrastructur econom develop leg thüringen main task carri infrastructur develop work interest behalf land year socialist plan economi industri site thuringia danger decai wasteland abandon build environment hazard part trade industri work leg thüringen seek find econom futur site dismantl plant longer need demolish build worth maintain renov build usefulli put plan develop site sell rent leas properti practic leg thüringen bui administ mortgag act mediat sell renov real estat develop lai land make readi build purchas dispos build leas bui build oper administ handl sell build plant facil kind parti account account leg thüringen maintain care modernis fix asset mid leg thüringen receiv fund activ thuringian budget amount eur dem special head budget purpos addit payment made germani enact legisl govern work leg thüringen industri site formal identifi activ state aid aid programm germani drawn list firm consid refer subject matter proceed ground initi procedur commiss initi formal investig procedur respect leg thüringen activ area satisfi dispos properti interest compli commiss commun state aid element sale land build public author commiss financi assist fund part project alloc leg thüringen industri plant activ head thuringian budget commiss rule possibl leg thüringen activ benefit firm difficulti case leg thüringen allow tenant longer deadlin payment rent grant loan comment interest parti firm submit observ formal investig leg thüringen leg thüringen argu legal person establish privat law part exercis author public administr germani constitu part properti develop sold commerci term leg thüringen drew attent number aspect misrepres commiss decis initi formal investig argu decis initi procedur allow defend infring due process letter date septemb germani state support observ submit leg thüringen corrobor full factual content assess attribut state state resourc leg thüringen consid state bodi capit belong land thuringia addit power run compani confer memorandum articl associ leg thüringen receiv fund budget thuringia determin state aid reach firm leg thüringen fact leg thüringen form limit compani govern privat law remov sphere state aid law distinct drawn aid grant directli state local author aid grant public privat bodi establish appoint state local author administ aid resourc leg thüringen work connect industri plant grant specif item land budget leg thüringen receiv addit financi resourc activ assess case case basi aid programm cover leg thüringen activ relat industri plant evid light formal investig suggest leg thüringen measur respect industri plant satisfi common criteria appli board firm measur leg thüringen consid case case germani submit list respect list firm submit germani examin pattern discern respect specif categori recipi potenti firm concern size busi financi situat effect trade case involv loan refer commiss decis initi investig recit germani shown aid de minimi aid mean articl ec treati involv grant econom benefit firm firm list germani bought rent leg thüringen land build previous renov state resourc sale rental meant state forfeit incom equival transfer public resourc firm commiss examin individu transact relev firm receiv econom advantag market economi investor germani argu industri plant area leg thüringen act privat investor conduct invest industri site compar privat investor accord doctrin privat investor oper market economi condit privat investor principl leg thüringen activ respect industri plant constitut state aid mean articl ec treati germani submit appli privat investor principl account except econom circumst understood refer classic market law specif idea normal market economi condit extend special factor affect competit properti market thuringia special circumst thuringia germani quot substanti excess suppli small number buyer demand side quot quot reclam industri site suffer lack potenti demand quot quot time survei carri larg surplu industri build land länder grown quot quot develop industri site länder exceed requir factor quot quot expand firm seek penetr market prefer newli develop site quot quot industri build land industri site start time land great extent met newli develop site suppli design industri land surplu requir quot quot sale industri land peak quot quot develop industri site long difficult process began reach market middl left sever disadvantag market term quot quot price industri land tend fall quot analysi confirm expert report drawn leg thüringen market research depart real estat firm aengevelt suppli commiss formal investig commiss agre leg thüringen act privat investor oper market economi condit leg thüringen act sort gener contractor provid comprehens manag industri site reclaim leg thüringen oper respect properti develop handl entir process purchas utilis question privat player size leg thüringen compar circumst microeconom decis industri site manag leg thüringen carri activ examin market substanti excess suppli develop industri commerci land leg thüringen conscious enter glut market take step restor industri commerci premis clear demand weak weak heavili satur market engag precis activ surplu necessarili result market price cost acquisit modernis circumst expect invest capit produc reason return longer term privat player pursu profit maximis follow market strategi leg thüringen dispos industri properti secur market price quot market price quot understood price buyer prepar pai site time price necessarili outcom conduct privat market player project scale complex privat player price obtain item dai appli market economi investor test social region polici object pursu land thuringia left side creat maintain job improv attract thuringia industri locat compens disadvantag suffer industri site make attract investor newli develop relev point conclus market economi investor principl remov leg thüringen industri plant activ scope articl ec treati commun state aid element sale land build public author paragraph commiss commun state aid element sale land build public author criteria set commun compli aid rule decis commiss area fairli close reflect commun publish basi assess present case examin event occur commun refer explicitli sale case rental leas commiss appli analog principl set commun state aid element sale land build public author view commun suffici publicis open uncondit bid procedur accept bid clear result price reflect natur market balanc advantag firm state aid case sale rental leg thüringen procedur case sign displai site prospectu internet newspap advertis publish period month case project present region supraregion fair project suffici publicis notic potenti buyer process confin user sale uncondit case buyer forward bidder bid accept addit bid procedur commun independ expert evalu present case leg thüringen independ expert evalu carri establish market accord point ii commiss commun case germani submit independ expert evalu proceed independ expert evalu specif featur case market establish independ expert sell price obtain leg thüringen conclud leg thüringen activ respect undertak refer recit line commiss commun state aid element sale land build public author state aid compon comparison price paid undistort market price case transact criteria set commiss commun compli question firm deriv econom advantag comparison made purchas price paid post analysi market instanc snapshot market price event provid evid commiss assum market price vacant industri land influenc leg thüringen result specif market behaviour expert report drawn aengevelt period year mid mid price type land examin slump eur dem eur dem sharp declin price doubt due number circumst declin invest activ eastern germani cyclic factor evid leg thüringen massiv intervent market segment contribut declin basic tenet establish econom theori increas suppli glut market produc effect commiss low price establish relev transact year question specif guid market price artifici brought leg thüringen behaviour market leg thüringen began bui sell industri commerci land fairli larg scale mid commiss year refer expert evalu carri firm aengevelt price vacant industri build land time eur dem case transact price vacant industri land eur commiss find econom advantag accru undertak articl ec treati appli adopt decis articl measur examin decis germani regard sale rental landesentwicklungsgesellschaft mbh thüringen relat industri plant state aid element constitut aid mean articl ec treati articl decis address feder republ germani brussel april commiss mario monti member commiss oj footnot detail commiss decis initi formal investig point footnot oj judgment court instanc case forg de clabecq commiss ecr ii paragraph letter germani april letter germani juli leg thüringen set time quot sale industri land peak quot recit footnot develop reclam cost higher case industri site greater fear inherit burden imag locat neg ownership unclear build land list preserv delai occur process prepar build infrastructur insuffici site configur restrict disadvantag posit site transport link judgment court justic case belgium commiss date juli ecr paragraph commiss decis freseniu case oj commiss decis ec oj commiss decis ec english partnership oj commiss decis januari busi infrastructur develop case state aid measur consult internet site secretariat gener european commiss http europa eu int comm secretariat gener sgb droit index en htm aid case annual rent exceed eur commiss tabl list undertak recit letter germani juli