commiss decis februari state aid grant spain daewoo electron manufactur españa sa demesa notifi document number spanish text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof notic interest parti accord provis submit comment account comment procedur letter june commiss receiv complaint asociación nacion de fabricant de electrodoméstico de línea blanca spanish feder manufactur household applianc refer quot anfel quot state spain grant aid daewoo electron manufactur españa sa refer quot demesa quot compani establish vitoria gasteiz autonom commun basqu countri refer quot basqu countri quot form grant tax exempt exceed ceil allow region aid basqu countri commiss receiv complaint aid competitor demesa european committe manufactur electr domest equip refer quot cece quot associazion nazional industria elettrotecnich ed elettronich italian feder manufactur household applianc refer quot ani quot letter date june commiss ask spanish author inform receiv remind septemb spain provid inform letter date septemb letter februari basqu region author forward addit inform commiss correspond commiss inform spain letter decemb decid initi proceed articl treati respect aid receiv demesa urg spanish govern provid number item inform commiss decis initi proceed subject notic publish offici journal european commun commiss invit interest parti submit comment measur concern spain submit comment letter date januari march commiss forward comment receiv interest parti spain offer opportun respond letter octob letter june commiss inform spain decid extend proceed commiss decis extend proceed publish notic offici journal european commun spain submit comment letter juli notic commiss invit interest parti submit comment forward comment receiv spain offer opportun respond letter receiv decemb meet held brussel octob vitoria gasteiz decemb commiss staff repres basqu region author reaffirm posit ii descript aid ii measur concern measur respect proceed articl treati initi subsequ extend demesa free charg plot júndiz industri estat vitoria gasteiz subsequ purchas land market price aid grant demesa connect ekimen programm cover gener rule laid scheme aid intens equal elig cost amount invest demesa project strateg involv job creation tax credit appli form reduct demesa corpor tax liabil tax concess grant demesa corpor tax arrang provinc álava ii beneficiari beneficiari measur demesa establish júndiz industri estat vitoria gasteiz wholli own subsidiari daewoo electron refer quot daewoo electron quot compani belong south korean multin group daewoo daewoo electron creat global network plant manufactur consum electron product household electr applianc white good korean world market sale total usd million ii cooper agreement demesa basqu region author march basqu region author daewoo electron conclud cooper agreement daewoo electron undertook establish refriger manufactur plant basqu countri basqu region author undertook return support invest provid number grant agreement enter forc date signatur point cooper agreement made refer grant advantag project receiv region author refund grant invest fix asset start cost public aid gener oper make invest basqu countri environment protect amp energi save project maximum aid intens allow basqu countri nge net grant equival sme agreement daewoo electron set compani seat basqu countri demesa compani immedi draw busi plan approv region author indispens condit implement agreement busi plan cover period present region author septemb provid invest esp creation job sale plan begin spanish market franc itali spread germani unit kingdom outset turnov gener domest market export grow year reach total year ii ekimen scheme refund grant award demesa refund grant equival invest tangibl fix asset negoti framework abovement cooper agreement march grant decemb decis basqu govern ekimen region aid scheme approv commiss decemb scheme cover period aim region develop job creation aid grant scheme take form refund grant soft loan creation product facil extens modernis exist infrastructur elig cost includ land build plant beneficiari inter alia industri compani firm engag extract activ order qualifi aid ekimen scheme invest compli condit invest project technic econom financi viabl implement period year date aid grant amount invest exce esp million entail creation job fix asset transfer parti produc compani group elig invest financ beneficiari resourc condit refund grant award variat intens accord specif criteria commiss state letter sg decemb approv ekimen scheme quot commiss note refund grant exce ceil gge award accord condit gener rule extra strateg project project creat job extra project locat prioriti area extra project make signific contribut region develop job creation quot grant award decemb repres aid intens gge invest amount total esp million paid instal year period accord schedul esp million gt tabl gt grant repres aid intens nge fall ceil nge laid basqu countri contrari forecast set demesa busi plan total invest esp million justifi grant aid carri period period commiss express doubt subsequ dispel condit project complet year qualifi condit grant fulfil region author confirm payment aid made period year date grant award decemb split budget alloc region author confirm demesa invest involv creation job period inform provid region author updat june demesa declar invest total amount job creat date ii tax concess provinc álava tax arrang forc basqu countri govern econom agreement establish law amend law august econom agreement álava provinci council condit maintain establish regul tax system territori power confer econom agreement álava provinci council establish tax aid measur tax credit cost invest provid exce esp million credit appli amount payabl corpor tax origin valid invest made januari decemb period subsequ extend decemb success budgetari provis tax credit exce amount definit tax liabil carri forward appli subsequ year decis grant credit lai time limit ceil restrict applic case invest made preparatori phase project deem elig decid álava provinci council demesa grant benefit tax credit decis adopt álava provinci council octob reduct basi assess corpor tax applic consecut year run year basi assess posit reduct compani newli establish provinc álava provid invest esp million creat job reduct amount tax payabl total tax liabil iii request inform initi proceed decis notifi spain letter date decemb commiss urg spanish govern provid inform determin refund grant award accord ekimen aid scheme invest cost cover equival amount invest initi proceed articl treati respect tax measur regard free charg plot land subsequ sale land market price iii spain repli request inform grant award ekimen scheme spain transmit inform set provid basqu region govern grant amount gge invest made period award region aid scheme approv commiss region author view oblig notifi request inform made commiss act respons complaint mention basqu region author inform award grant region author stress plan submit demesa fulfil elig condit laid ekimen scheme econom financi viabil ensur fulfil condit award grant concern region author made point summaris household applianc sector strateg import basqu countri region author base argument strateg natur sector theori competit advantag cluster claim household applianc cluster account gdp region regard strateg project strateg demesa establish basqu countri lead keener competit compani sector strong group local competitor region multin compani invest region sever affect econom recess grant award demesa exce ceil gge laid ekimen aid scheme turn repres nge maximum allow basqu countri nge fact invest locat preferenti interest area purpos ekimen scheme demesa award aid prescrib maximum gge region author enjoi wide discretionari power allow award grant limit object factual basi complain claim real cost demesa invest half declar region author decid carri audit invest made ekimen scheme compris procedur check monitor invest make time verifi invest made correspond amount aid disburs iii observ submit spain iii free charg plot land subsequ sale land market price region author claim demesa plot land free charg aid documentari evid point compani occupi subsequ purchas plot line specif requir properti law sale formalis success divis amalgam pre exist plot complet region author suppli aerial photograph demonstr demesa occupi land purchas complic aros sale transact ow presenc land tenant farmer claim compens crop plough result construct work enforc proceed initi subsequ settl court deed sale formalis decemb region author transfer ownership place disput tenur land resolv gazteiko industria lurra sa compani sell felt bound act good faith purchas event region author stress sale place accord spanish law question aid condit sale concern price land sold averag price commun complain esp esp squar metr plot land smaller purchas demesa reason assum lower price squar metr charg plot land time larger support region author submit report drawn sale independ expert purchas price plot servic land vari esp esp squar metr region author view price esp squar metr servic land paid demesa line market condit document submit includ quot supplementari account report plot land quot drawn region author auditor price waterhous report unit cost esp squar metr servic land plot locat area land occupi demesa lastli region author view commiss commun juli state aid element sale land build public author appli case point purchas land decid commun adopt iii tax aid spain commun extrem detail report drawn basqu region author basi work tax arrang applic provinc álava report claim decid initi proceed commiss suffici account histor constitut legisl base provinc specif legal arrang taxat field refer framework special arrang econom agreement refer point ii legisl power tax field álava provinci council adopt thing legal provis relat corpor tax region author corpor tax provis gener measur examin light articl treati lai gener corpor tax arrang applic provinc álava basqu region author take view arrang involv aid tax concess provid restrict compani establish maintain econom link part territori member state commiss fail consider specif structur taxat power spanish law tax credit grant discretionari basi álava provinci council tax credit govern law grant automat elig firm region author stress spanish law appli differenti tax treatment case expressli provid law individu tax measur prohibit case tax credit basqu author enjoi discretionari power whatsoev decis grant tax credit decis refer legisl concern involv prior check elig condit fulfil adopt reason legal certainti sound financi manag compani demonstr causal link invest made preparatori phase project materialis invest order qualifi tax credit decis grant demesa tax credit natur amount invest tax credit combin tax concess grant respect invest region author submit report state tax burden heavier basqu countri rest spain tax rate percentag point lower tax concess region iii observ submit interest parti number observ receiv complain initi proceed summaris spanish author deliber slow answer commiss success letter pursu polici fait accompli complain point substanti answer commiss request inform date june action prevent disburs aid receiv februari household applianc sector refriger freezer segment continu suffer surplu capac lead european manufactur electrolux whirlpool fagor announc plant closur job cut restructur oper complain stress connect court justic european commun confirm pyrsa judgment januari case spain commiss region aid give rise sector overcapac condit award grant fulfil project complet year ii project quot strateg quot entail quot creation job quot grant gge justifi accord criteria laid ekimen scheme tax credit illeg notifi commiss put effect demesa occupi plot land legal titl pai rent free charg land worth esp million year price land area esp squar metr cost plant machineri overvalu result amount grant correspond real cost invest demesa compli oblig laid ekimen scheme financ total net asset resourc year busi iii comment made spain respons observ submit interest parti comment summaris region author suffici inform provid enabl commiss establish condit appli ekimen scheme compli claim demesa compli oblig financ total net asset resourc year busi point purpos appli ekimen scheme demesa invest year count januari decemb date grant award complianc condit check end end case law quot complain court judgment pyrsa appli case point unlik pyrsa demesa invest project high risk ventur demesa firm difficulti complain provid proof support claim cost plant machineri overvalu iv extens proceed receiv spain repli request provid inform examin grant gge award demesa fulfil condit ekimen scheme commiss inform spain letter june decid extend proceed order examin part grant award demesa cover gener rule ekimen scheme allow aid intens effect elig cost iv observ submit spain region author reiter condit award grant ekimen scheme cover cost demesa invest vitoria gasteiz scrupul observ point approv ekimen scheme decemb commiss agre definit quot strateg quot project quot creation job quot purpos implement scheme refrain formul reserv sector natur except gener refer sector specif guidelin exist case household applianc sector ekimen scheme draw distinct quot strateg project quot quot strateg sector quot fulfil criteria entitl compani concern extra purpos articl decre approv ekimen scheme project fulfil pure quantit criteria commiss accept approv scheme constitut quot strateg quot project commiss entitl modifi criteria time infring principl legitim expect legal certainti region author argu regard household applianc sector quot strateg quot account gdp region competit programm basqu countri classifi quot larg household applianc quot cluster cluster develop prioriti definit base natur extent competit advantag contribut compani concern make ad job creation basqu countri region author stress purpos implement scheme job creation check basi object data commiss suggest extend proceed term sector impact demesa invest confirm region author guidelin nation region aid state quot job creation quot check sole basi net number job creat establish sector concern commiss provid precis figur make determin specif sector affect surplu capac statement sale applianc base replac product period time concern claim european market shrunk year individu sector concern specif period time assign figur quot surplu product capac million unit cold rang region author submit figur partli inform suppli anfel cece complain proceed master cadena lead distributor spanish market claim turnov household applianc grew refriger concern growth cece figur number unit sold spanish market rose number unit sold grown member state except austria germani number refriger manufactur spain rose unit region author forecast quot consum europ quot point increas refriger sale measur unit european market period region author refer statement made april chairman electrolux lead european manufactur household applianc effect sale product increas continu improv question artifici overvalu invest cost incur demesa region author provid detail inform procedur check invest carri confirm payment grant condit actual implement invest connect submit detail inform check carri period june septemb doubt rais real cost demesa invest audit report drawn consult regularli work commiss present make inter alia point price servic land júndiz industri estat vitoria gasteiz esp squar metr final price esp squar metr paid demesa servic land market price normal discount size plot report find examin differ estim made consult region author column quot consult estim quot price land esp million esp squar metr column quot demesa quot show price esp million esp squar metr cost build construct work line price prevail construct industri gt tabl gt justif claim esp million instal cost cost prior start report state current product capac refriger unit litr plan rais capac unit futur reach level output auditor add extra product line creat shift build factori capac iv observ submit interest parti point made interest parti observ submit summaris argument put forward basqu region author order boost competit sector subsidis competitor incoher contrari common sens make project strateg competit exist spanish market argument make sens relev geograph market market basqu countri market protect relev geograph market european market job creat insecur extrem low paid forecast fulfil demesa place extra unit european market contribut aggrav surplu capac estim million unit reason view serious situat interest parti request commiss order provision recoveri aid paid demesa pend adopt final decis iv comment made spain respons observ submit interest parti comment made observ submit interest parti spain reiter argument put forward proceed claim ground commiss order recoveri aid disburs assess aid articl treati establish principl save provid treati aid distort threaten distort competit favour undertak product good affect trade member state incompat common market refriger sector europ demesa busi plan álava plant latest annual product capac unit sold spanish market franc unit kingdom plant produc combin refriger freezer equip frost system invest form part strategi pursu daewoo electron goal world lead refriger manufactur hold share world market product annual product target million unit million produc centr locat south korea compani plan invest usd million construct factori view gain share world refriger market product capac european plant million unit total european product capac forcast data inform commiss possess demand product vari countri concern refriger freezer demand product gt pic file quot en ep quot gt million unit franc demand refriger freezer remain stagnant million unit year franc major produc demand cover applianc germani itali lead brand french market brandt electrolux whirlpool bosch siemen germani demand refriger freezer fall slightli million unit million unit output declin million unit million unit forecast stand million unit total million refriger manufactur bosch siemen itali market domin combin refriger freezer ow lack space averag home market domest refriger equip grow year itali main manufactur refriger freezer output million unit export electrolux market leader million unit produc whirlpool main manufactur hold share sale spain demand refriger declin million unit million unit demand forecast grow year reach million unit year growth point market trend replac sale supplement instal base output increas million unit million unit fagor lead produc unit repres total output unit kingdom demand refriger freezer declin million unit million unit sale grow year reach million unit output level popular import good increas west european countri rest western europ market matur static demand million unit cover import output downward slope stabilis million unit market refriger freezer satur western europ home equip refriger separ freezer grow prefer consum combin refriger freezer market expect show sign growth household tend replac refriger separ freezer combin refriger freezer demand expect grow year million unit replac account approxim sale electrolux sweden largest manufactur refriger freezer western europ bosch siemen germani whirlpool unit state merloni itali major produc fagor electrodoméstico market leader spain surplu refriger product capac estim million unit spain suppli figur excess capac state market caus sector undergo extens restructur rise capac reduct reloc product heavi job loss trend confirm inform mention earlier illustr inter alia closur electrolux product facil europ refriger product spennymoor counti durham unit kingdom capac unit abandon summer loss job electrolux announc closur plant luton unit kingdom loss job product refriger pori finland transfer plant europ result job loss plant produc chest type freezer close hungari loss job annual report whirlpool announc sever job loss western europ amount workforc septemb announc job cut western europ whirlpool emploi peopl europ mid figur plant locat cassinetta itali calw germani trento itali produc refriger mcc group own fagor abandon refriger product basauri basqu countri loss job merloni annual report recoveri household applianc market led firmer price industri emploi unus capac analysi show extens intra commun trade sector fact confirm eurostat data aid measur necessarili affect intra commun trade competit aid element establish procedur provid articl treati enabl commiss establish exist aid measur mean articl free charg plot land commiss note explan basqu region author difficulti due presenc farmer land daewoo electron intend build plant fact sale formalis divis amalgam pre exist plot complet land regist proof demesa incur cost period occupi land purpos build plant time purchas agreement sign octob purchas price paid precis date demesa paid land commun inform provid construct work began januari januari farmer lawyer address complaint properti compani sell land gasteizko industria lurra sa account destruct crop construct work demesa plant land paid septemb document issu region author invest made demesa inspect cover period end septemb make clear build land consid complet invest qualifi payment aid document mention payment esp million land column relat novemb decemb annex iii letter juli view light inform provid region author ground conclud demesa occupi februari octob plot land aim build commiss construct plant pai purchas price land incur cost whatsoev connect region author argu sale land formalis decemb result disput tenur land refer right enjoi tenant spanish law principl good faith rule possibl transfer ownership land disput tenur reason formalis sale delai disput resolv requir result applic principl rule civil law region author conclud regard gener measur fall scope articl treati commiss note event principl good faith allud presenc tenant farmer land prevent demesa begin continu complet construct plant period demesa made payment work carri refrain request payment grant cost build erect absenc formal deed sale detract fact demesa land pai consider compani sell entitl demand precaut region author demesa occupi land begun build plant accord timet laid invest plan approv author payment grant jeopardis demesa obviou interest begin construct work delai commiss take view demesa enjoi advantag equival postpon payment price land period month run time occupi land purpos carri construct work februari date paid price novemb absenc compar calcul data advantag estim equival interest gain invest month amount equival price land correct end point interest rate appli refer rate econom advantag calcul manner amount eur esp constitut state aid mean articl treati sale plot land market price region author argu commun juli appli case commiss point commun impos oblig member state restrict defin basi establish administr practic circumst presum aid present commiss note state initi proceed criteria set commun juli fulfil land sold demesa sale land demesa qualifi presumpt aid provid commun evid commiss examin basi inform possess price paid demesa correspond market price bear mind valuat audit report carri event carri weight valuat carri sale valuat carri januari februari real estat valuer annex ix letter march quot unit price servic land approxim esp squar metr valuat state sell price servic plot esp esp squar metr valuat base real data sell price servic plot similar characterist sold previou month establish price esp squar metr larger plot approxim conclud price indic market servic plot price esp esp squar metr appear justifi circumst cost incur servic larg plot stress time polit dimens sale type bound influenc econom consider audit report drawn juli annex iv letter juli quot price servic plot area esp squar metr state price paid demesa justifi discount offer account size plot conclus auditor maintain price esp squar metr point differ estim price esp squar metr set region author commiss note averag estim differ substanti averag unit price esp squar metr servic land calcul januari price waterhous includ develop cost light forego commiss consid price esp squar metr market price sale plot similar occupi demesa júndiz industri estat demesa paid esp squar metr land enjoi advantag calcul differ figur esp squar metr make total eur esp price differ constitut state aid mean articl treati aid element cover ekimen scheme amount grant inform provid spain accord procedur articl treati enabl commiss examin region author compli condit ekimen scheme award refund grant cost demesa invest tangibl fix asset vitoria gasteiz examin establish invest respect grant award cover ekimen remaind fall scope scheme commiss take view case point proper applic rule govern ekimen scheme led award maximum refund grant amount gge total elig cost articl basqu govern decre refund grant gge award accord condit quot grant invest cost deem elig award gener measur case strateg project invest project involv signific job creation creat job entail invest worth esp million percentag increas point similarli busi project carri preferenti interest area provid articl decre receiv addit grant invest cost deem elig lastli percentag increas point criteria extent project integr basqu countri industri base invest basqu countri strateg sector number job creat project quot mention point ii commiss state decis approv ekimen scheme notifi letter date decemb quot commiss note refund grant exce ceil gge award accord condit gener rule extra strateg project project creat job extra project locat prioriti area extra project make signific contribut region develop job creation quot invest project benefit refund grant ekimen scope scheme grant award accord detail condit criteria govern scheme approv commiss basqu region author made statement page letter januari quot accord criteria determin level grant project receiv grant equival elig invest cost criterion articl decre addit project fulfil condit laid paragraph articl criteria set articl decre percentag increas extra percentag point project fulfil condit receiv grant amount gross quot commiss consid demesa invest project fulfil criteria laid articl decre award elig project articl extra criterion laid articl concern vitoria gasteiz municip demesa invest locat quot preferenti interest area quot accord provis govern ekimen scheme argument put forward region author meet decemb effect benefici effect quot strateg quot project locat quot preferenti interest area quot extend suffici justifi award extra articl demesa invest criterion laid articl decre commiss consid award supplement provis constitut incorrect applic rule govern ekimen scheme approv commiss letter decemb view fact paragraph articl decre item paragraph commiss letter decemb make award supplement maximum gge laid grant fall scope ekimen scheme quot preferenti interest area quot criterion introduc purpos expressli recognis preambl laid articl decre practis posit geograph discrimin favour specif area basqu countri suffer econom develop problem object line principl confirm guidelin nation region aid vari intens region aid maximum ceil permit serious region problem tackl region author argu meet octob decemb commiss decis initi extend proceed base interpret aspect ekimen scheme commiss consid word decis constru enabl region author evad complianc condit implement scheme laid letter decemb letter januari basqu region author confirm invest fulfil criteria set item qualifi supplement addit gener rate initi subsequ extend proceed commiss rais doubt strateg natur demesa invest project effect creation job doubt dispel commiss maintain view exist surplu capac sector point presenc basqu countri spain lead refriger manufactur fagor member mcc group hold share domest market protect trade barrier make alleg strateg natur project doubt mcc industri group constantli build presenc commun world market commiss continu real risk aid invest result capac reduct spain basqu countri area commun current restructur oper decid electrolux whirlpool classif invest project quot strateg quot fulfil quantit criteria invest exceed esp million creation job commiss approv ekimen scheme express reserv ground sector problem household applianc sector usual reserv regard sector cover specif state aid guidelin rule contrari principl legal certainti legitim expect modifi approv basqu region author observ criteria deem project strateg view forego amount grant exce elig cost remain grant quot preferenti interest area quot criterion cover scheme constitut state aid mean articl treati cover previous approv scheme deem aid compat assess directli light treati provis commiss state letter june cost elig ekimen scheme report submit complain drawn subsidiari cece member alleg invest cost artifici overvalu commiss note report base assumpt product capac product type demesa invest audit report submit basqu govern drawn independ expert confirm realiti conform cost incur demesa except esp million instal cost prior start region author reject cost check implement project elig cost concern region author provid suffici proof intern audit procedur prevent payment grant ekimen scheme tangibl evid invest carri procedur enabl region author check complianc oblig compani financ total net asset resourc year busi articl decre point ii commiss consid purpos requir year fact cost genuin incur line market price necessarili elig commiss point connect accord articl decre govern ekimen scheme fix asset transfer parti elig audit report product plant acquir demesa cost esp eur instal premis compani plant elig aid ekimen scheme financ constitut aid mean articl treati tax credit equival cost invest reduct tax base newli creat busi decis commiss restrict examin light articl treati tax credit reduct tax base newli creat busi tax concess tax credit tax credit govern sixth addit provis provinci law implement budget provinc álava read quot invest tangibl fix asset carri januari decemb exceed esp million decis álava provinci council qualifi tax credit equival amount invest determin álava provinci council offset amount person tax liabil tax credit exce amount tax liabil carri forward year decis álava provinci council decis álava provinci council lai time limit restrict applic individu case benefit grant provis incompat tax concess invest elig álava provinci council decid durat invest process includ invest made preparatori phase project gener invest quot measur forc financ act year provinci law amend corpor tax act provinci law delet refer period year paragraph financ act year provinci law tax credit equival amount invest maintain amend word provis provinci law principl state aid incompat common market except provid treati appli aid quot form whatsoev quot tax measur class aid measur satisfi criteria mention articl spell measur afford beneficiari advantag reduc cost bear busi advantag grant type reduct compani tax burden exempt reduct tax liabil tax credit question undoubtedli fulfil criterion credit demesa enjoi reduct tax burden equival amount invest determin álava provinci council tax credit time limit start year compani make profit spanish author confirm demesa choos respect tax year favour method deduct reduct make imposs practic determin intens aid period receiv advantag grant state state resourc loss tax revenu equival state resourc form tax expenditur criterion appli aid grant region local bodi member state judgment court justic octob case germani commiss state aid grant tax measur laid law regul administr practic decis tax administr tax credit grant demesa deriv combin effect budgetari measur individu decis decis public author measur affect competit trade member state criterion presuppos beneficiari measur carri econom activ irrespect legal statu method financ court justic repeatedli rule purpos interpret condit intra commun trade deem affect moment beneficiari firm carri econom activ subject trade member state demonstr demesa carri econom activ subject trade member state sector highli competit fourth measur specif select sens favour quot undertak product good quot advantag select grant except gener tax arrang establish law regul administr practic discret tax administr present case advantag select chiefli account discret enjoi administr grant regard condit court justic held kimberli clark sopalin judgment septemb case franc commiss entiti grant advantag enjoi degre latitud enabl vari financi assist regard number consider choic beneficiari amount financi assist time limit condit provid decid renew measur concern year criteria unknown commiss condit assist grant liabl place firm favour situat meet condit classif aid mean articl treati adopt decis álava provinci council enjoi pursuant abovement provis discretionari power determin invest tangibl fix asset amount esp million qualifi tax credit decid part invest reduct appli establish time limit maximum ceil applic case spanish author commun text decis grant tax credit demesa commiss precis amount tax credit esp esp correspond esp minimum invest qualifi credit esp amount offici invest demesa time limit tax credit imposs calcul precis intens intens nge basi profit forecast set demesa busi plan aid intens tax credit nge discretionari natur tax credit suffici class specif measur state aid commiss consid minimum invest requir esp million qualifi credit high restrict applic practic invest involv rais larg amount capit justifi natur structur tax system except made fact larg investor qualifi tax credit make specif measur turn classifi state aid mean articl treati thirdli commiss take view temporari annual natur measur fact author discret grant tax credit firm initi invest process period cover measur commiss note measur gener tax legisl annual financ act confirm temporari natur enabl specif project fourthli commiss underlin close similar measur ekimen scheme term object pursu financ invest case geograph scope region case ekimen provinci case tax credit ekimen regard region aid scheme spanish author notifi differ ekimen scheme support industri invest formal distinct minimum invest esp million requir qualifi tax credit effect limit beneficiari industri firm tax credit grant demesa amount invest determin álava provinci council constitut state aid mean articl treati letter member state sg april commiss state quot consid member state fail fulfil oblig notifi process put aid effect initi put effect mean action grant aid recipi prior action institut implement aid legisl level constitut rule member state concern aid deem put effect legisl machineri enabl grant formal set quot undoubtedli case measur carri unlawfulli breach provis articl treati reduct tax base newli creat busi reduct tax base newli creat busi laid articl provinci law read quot articl reduct tax base newli creat busi compani start busi activ entitl reduct posit basi assess deriv econom activ offset neg base assess aris previou period consecut tax period run period year start busi activ gener posit basi assess qualifi reduct busi fulfil condit start busi activ minimum paid capit esp million activ carri previous directli indirectli ownership busi activ perform premis establish activ carri natur legal person year activ invest esp million tangibl fix asset asset assign activ hire transfer parti purpos requir good acquir leas deem invest tangibl fix asset provid busi undertak exercis purchas option creat job month start busi activ maintain annual averag workforc level point year entitl reduct basi assess expir busi plan cover period year minimum amount invest refer subparagraph minimum number job creat refer subparagraph paragraph incompat tax concess establish invest job creation reduct provid articl request mean applic lodg tax administr check initi requir satisfi notifi applic compani provision authoris formal adopt decis álava provinci council quot letter march region author maintain benefit measur combin tax credit examin reduct tax base provid articl provinci law element state aid mean articl treati commiss determin claim region author tax credit compani concern decid appli reduct tax base qualifi provis word articl structur system confirm interpret commiss note place qualifi condit tax concess case tax credit point qualifi condit invest tangibl fix asset exceed esp million reduct tax base qualifi condit hand creation busi newli creat busi entitl reduct tax base invest esp million convers exist compani invest esp million qualifi tax credit entitl reduct tax base case demesa newli creat busi invest esp million provinc álava provis govern tax credit point advantag grant provis combin tax concess virtu invest reduct tax base grant virtu invest creation busi reduct tax base fall scope ban combin tax concess confirm word articl provinci law minimum amount invest esp million refer subparagraph minimum number job creat refer subparagraph articl incompat tax concess establish invest job creation realiti tax concess grant reason invest esp million creation job combin reduct tax base accord principl esp million esp invest demesa consider calcul invest elig tax credit combin tax concess rule administr tax tax credit appli amount person tax payabl deduct reduct tax base made reduct tax base take place earlier stage calcul tax posit basi assess busi appli reduct tax base provid authoris reduct made amount tax payabl calcul demesa appli tax credit previous calcul basi total amount invest minu esp million establish measur reduct tax base tax credit grant demesa liabl combin commiss examin reduct tax base constitut state aid mean articl treati class aid reduct tax base satisfi criteria mention articl examin firstli reduct tax base afford demesa advantag reduc cost bear busi reduct tax base involv loss tax revenu equival state resourc form tax expenditur thirdli reduct tax base affect competit trade member state demesa carri econom activ subject trade member state sector highli competit lastli measur specif select sens favour quot undertak product good quot case reduct tax base select chiefli newli creat busi qualifi articl provinci law make afford newli creat busi favour tax treatment appli busi present market circumst suffici demonstr specif natur measur basi commiss classifi reduct tax base grant demesa state aid mean articl treati specif natur measur strengthen fact busi invest esp million creat job qualifi reduct tax base specif natur measur strengthen purpos set provinci law establish list gener object tax system preambl instrument enumer set object industri polici specif mention aim quot stimul creation busi initi quot object pursu instrument measur aim specif categori newli creat busi point preambl grant reduct tax base year oper make profit state object confirm measur constitut start aid newli creat busi enabl consid compat natur gener scheme tax system question region author demonstr respons decis initi proceed select natur measur justifi quot natur gener scheme quot tax system concern judgment court justic juli case itali commiss measur question constitut oper aid profit gener futur essenti uncertain calcul precis aid intens involv reduct tax base letter member state sg april commiss state quot consid member state fail fulfil oblig notifi process put aid effect initi put effect mean action grant aid recipi prior action institut implement aid legisl level constitut rule member state concern aid deem put effect legisl machineri enabl grant formal set quot undoubtedli case measur carri unlawfulli breach provis articl treati natur aid grant demesa light commun law except grant basqu author accord criteria ekimen scheme aid grant scheme approv commiss pursuant nation measur approv commiss notifi plan stage accord articl treati aid illeg commun law articl treati aid meet criteria laid incompat common market case except provid articl treati applic aid pursu object list paragraph spanish author attempt reli except compat invest aid point articl treati list type aid consid compat common market compat determin refer commun refer member state region thereof individu ensur common market function principl establish articl treati except list articl constru strictli examin aid scheme individu aid measur except reli demonstr aid market forc suffici induc beneficiari act enabl object mention except achiev articl except made case aid promot econom develop area standard live abnorm low underemploy municip vitoria gasteiz locat area qualifi region aid articl treati except provid articl aid question intend promot execut import project common european interest remedi disturb spanish economi displai featur project kind intend promot cultur heritag conserv except provid articl treati concern vitoria gasteiz locat area qualifi region aid accord provis maximum aid intens allow basqu countri nge case sme differ intens aid grant demesa accord ekimen scheme gross commiss check aid grant limit consid compat region aid mean except aid question award region aid scheme approv commiss grant mean individu decis compet author case impact aid examin context commun court justic confirm interpret hytasa judgment septemb join case spain commiss pyrsa quot cluster quot approach base concept quot geograph concentr quot appropri part industri polici pursu region author address decis justifi analys impact aid take commun context account individu aid measur class region aid compat common market effect contribut long term develop area effect detriment common interest competit condit commun aid consid compat common market advers affect trade condit extent contrari common interest state inform obtain commiss proceed articl treati compani receiv aid oper sector suffer problem surplu capac commun level illustr extens restructur process rise capac reduct product reloc involv heavi job loss commun aid examin award ekimen scheme region aid scheme approv commiss contribut deterior situat run counter process embark compani main competitor award aid highli competit sector subject constant restructur market stagnant result net job creation commun spain basqu countri bring econom benefit aid result distort competit forc competitor withdraw market product capac job shift competitor region regard contrari common interest fact improv demand observ commun market detract fact industri adjust surplu instal product capac commun make heavi job cut excess number job demesa expect creat vitoria gasteiz situat illustr mcc group decis discontinu refriger product basauri involv loss job authoris basqu govern precis ground poor market condit sector difficult link loss job refriger product basauri demesa announc time creation job vitoria gasteiz assess compat aid overlook inform forecast market prospect time decis grant aid demesa period main european produc decid undertak adjust demand state sector sector time experienc great difficulti immedi appar annual report main european manufactur prompt abovement restructur decis worth stress speech chairman electrolux april quot region author support argument refriger freezer segment experienc upturn refer place major quot restructur programm quot announc involv inter alia closur plant commun aim quot improv capac utilis quot rel improv observ mention chairman electrolux concern household applianc sector gener refriger segment continu undergo extens restructur conclud aid examin advers affect trade condit extent contrari common interest deem compat articl treati invest aid question qualifi except provid treati commiss conclud incompat common market oper aid reduct tax base point region aid intend reduc busi run cost oper aid prohibit type aid grant exception area qualifi derog provid articl treati justifi ground natur contribut region develop amount aid proport disadvantag intend mitig commiss note basqu countri area cover articl treati conclud oper aid question qualifi except provid treati incompat common market decis relat tax measur explicitli examin pass judgment measur provid specif tax arrang adopt provinc álava commiss reserv examin measur constitut aid gener scheme appli demesa vi conclus commiss find spain act illeg breach articl treati grant aid advantag equival postpon payment price plot land júndiz industri estat vitoria gasteiz period month run time demesa occupi land purpos carri construct work februari date paid price earlier novemb amount calcul eur esp advantag equival differ market price price paid demesa plot land júndiz industri estat amount calcul eur esp amount percentag point exce maximum permiss grant elig cost ekimen aid scheme plant valu eur audit report submit region author annex spain letter juli grant tax credit cost invest determin álava provinci council decis octob reduct tax base newli creat busi provid articl provinci law aid deem incompat common market order establish econom condit compani contend grant incompat aid spain step recov beneficiari adopt decis articl state aid grant spain daewoo electron manufactur españa sa form advantag equival postpon payment price plot land júndiz industri estat vitoria gasteiz period month run time daewoo electron manufactur españa sa occupi land purpos carri construct work date paid price amount eur advantag equival differ market price price paid daewoo electron manufactur españa sa plot land júndiz industri estat amount eur amount percentag point exce maximum permiss grant elig cost ekimen aid scheme plant valu eur audit report submit region author annex spain letter juli grant tax credit cost invest determin álava provinci council decis octob reduct tax base newli creat busi provid articl provinci law incompat common market articl spain measur recov beneficiari compani aid refer articl grant illeg withdraw beneficiari compani benefit deriv aid refer articl grant illeg aid recov accord procedur provis laid spanish law sum recov includ interest accru grant aid date repaid interest calcul basi refer rate calcul grant equival region aid spain articl spain inform commiss period month date notif decis measur compli therewith articl decis address kingdom spain brussel februari commiss karel van miert member commiss oj vitoria gasteiz municip locat álava provinc form autonom commun basqu countri footnot oj scheme approv commiss letter sg decemb state aid decre basqu region govern establish scheme decre decemb publish offici gazett basqu countri light inform submit complain present studi conduct engin compani specialis design refriger manufactur plant commiss decid examin cost demesa invest artifici increas order obtain larger grant sixth addit provis provinci law norma foral decemb offici journal provinc álava botha valid extend addit provis provinci law decemb botha point singl derog provis provinci law juli botha conjunct seventh addit provis provinci law decemb botha tax credit grant pursuant addit provis provinci law decemb botha pursuant seventh addit provis provinci law decemb botha provinci law corpor tax product centr commerci subsidiari branch eur million eur usd inf fmxeuro uro exchang rate februari maximum limit region aid basqu countri accord spanish region aid map oj eur interest rate appli point lower nomin interest rate gross grant equival eur articl spanish press el paí novemb report trade union action demesa emploi worker open end employ contract articl econom agreement amend law august provinci council provinc basqu countri vizcaya guipúzcoa power tax field articl provinci law amount invest tangibl fix asset account result set reserv invest amp expenditur invest environment protect invest made view develop export articl provinci law region author refer quot theori competit advantag develop prof michael porter quot work publish author competit advantag nation free press york recent quot cluster econom competit quot harvard busi review vol issu novemb decemb pp articl cluster defin quot geograph concentr interconnect compani institut field quot quot includ supplier specialis input compon machineri servic provid specialis infrastructur cluster extend downstream channel custom later manufactur complementari product final cluster includ government institut provid specialis train educ inform research technic support quot characterist featur definit sum word quot geograph concentr quot author state articl quot govern polici develop economi unwittingli work cluster format restrict industri locat subsidi invest distress area dispers compani artifici quot oj quot lo principio norma de armonización fiscal en el concierto económico quot tax harmonis principl rule econom agreement fundación banco bilbao vizcaya ecr amount differ slightli figur esp million obtain multipli surfac area price squar metr footnot daewoo electron consid set plant creat job verdun franc cece likewis lodg complaint aid french author intend grant connect invest decemb commiss request inform french author repli daewoo electron suspend project quot aim lead global refriger market quot june http www dwe daewoo kr new report entitl quot world major household applianc quot freedonia group march articl publish financi time juli quot rough tumbl industri domest applianc group adopt vari tactic boost market share europ stagnant market quot report market refriger oven reach satur point http www fagorelectrodomestico mcc es fagor compani belong mondragón corporación cooperativa mcc group http mondragon mcc es spanish indic html headquart mondragón guipúzcoa basqu countri subsidiari branch turnov gener spain mcc largest industri group basqu countri lead industri group spain gener turnov esp million eur esp million eur sale household applianc compar total turnov esp million mcc group emploi peopl asset valu esp million eur plant asia latin america africa includ factori produc refriger argentina morocco footnot footnot inform provid cece context proceed quot electrolux phase product uk factori quot octob http www electrolux se corpor pressnot quot electrolux intend move product refriger factori finland quot octob http www electrolux se corpor pressnot http www whirlpool htm corp investor whirlpool group largest factori western europ http www merloni fr azi htm intra commun trade household refriger cn code amount eur eur sale involv product origin spain correspond good introduc spanish market member state intra commun trade combin refriger freezer refriger freezer fit separ extern door civil aircraft cn code amount eur eur sale involv product origin spain correspond good introduc spanish market member state inform provid region author sharehold gasteizko industria lurra sa municip council vitoria gasteiz sprilur sa sprilur sa turn control basqu govern hold capit refer rate period januari juli period august decemb sum amount obtain appli pro rata basi refer rate establish period januari juli august decemb respect number month land period footnot articl decre defin strateg project project involv invest esp million creation job project complex financ arrang deem strateg list quot preferenti interest area quot set annex decre oj footnot mcc carri extens internationalis programm affect industri plant commerci presenc letter march ecr ecr repli commiss notif decis initi proceed spanish author state quot demesa grant mean decis octob tax concess provid sixth addit provis provinci law tax credit equival invest invest project quot competit law european commun volum iia rule applic state aid offic offici public european commun luxembourg provis relev purpos assess state aid element quot ecr footnot footnot ecr footnot