commiss decis juli guarante grant eisen und stahlwalzwerk rötzel gmbh notifi document number german text authent text eea relev ecsc commiss european commun regard treati establish european coal steel commun point articl thereof regard commiss decis ecsc decemb establish commun rule state aid steel industri articl thereof give notic parti concern submit comment letter date august commiss inform german govern decis initi procedur articl decis ecsc hereinaft refer steel aid code respect defici guarante grant land north rhine westphalia eisen und stahlwalzwerk rötzel gmbh rötzel april land north rhine westphalia grant defici guarante rötzel cover bank credit amount dem million guarante grant basi approv guarante scheme land letter june sg approv ec treati ecsc treati condit sens individu case sensit sector steel notifi individu notif aid made case credit defici guarante design support restructur plan compani rötzel manufactur hot roll strip cold roll strip profil alloi product plant nettet hot roll product capac year compani produc year steel product total hot roll cold roll product approxim half hot roll product consum intern rötzel emploi peopl engag product cold roll product product hot roll product period compani oper plant dinslaken hot roll capac year account market condit annual product hot roll product decreas period rötzel expand cold roll facil nettet invest cost dem million situat worsen rötzel decid close plant dinslaken german govern put cost closur dem million product capac year hot roll product dismantl closur larg part compani prompt restructur led reopen hot roll mill iv nettet restructur cost compani closur dinslaken necessit sale real estat requir phase abovement bank credit dem million credit secur amount dem million sharehold land north rhine westphalia form defici guarante german govern invest concern hot roll facil nettet rötzel product cover treati ec treati ecsc treati hot roll product fall ecsc treati initi procedur commiss argu rötzel undertak engag product steel industri caught articl ecsc treati state aid rule set treati aforement guarante grant respect bank credit invest cold roll product facil claim german govern restructur rötzel invest form part entail reopen hot roll product facil risk effect guarante spill ecsc steel make sector degre integr cold roll activ ecsc activ signific activ combin singl compani land north rhine westphalia undertook degre risk guarante bank credit charg risk premium commiss consid act accord privat investor principl regard guarante state aid point articl ecsc treati recognis incompat common market subsidi aid grant state form whatsoev except rule found steel aid code adopt basi articl ecsc treati initi procedur commiss doubt state aid compat common market exempt laid steel aid code appli view guarante caught prohibit laid articl ecsc treati commiss decid initi procedur provid articl steel aid code ii commiss decis initi procedur publish offici journal european commun call member state interest parti submit comment matter uk steel associ submit comment novemb state disagre view state aid paid compani involv ecsc ecsc activ automat subject ecsc rule aid put fact rötzel activ fulli integr singl site justifi approach adopt commiss case commiss commun associ comment german govern letter date decemb give opportun repli letter date februari german govern gave reaction open procedur comment made uk steel associ confirm defici guarante grant rötzel fpr bank credit dem million compris dem million redeem loan invest purpos dem million redeem loan oper purpos dem million credit line oper purpos guarante rötzel liquid land author manag reduc loss stage futur situat guarante determin bankruptci proceed complet end earliest iii point articl ecsc treati state subsidi aid grant state recognis incompat common market abolish prohibit commun exempt prohibit spelt steel aid code aid research develop aid environment protect aid closur germani reli exempt case germani contest argument rehears decis initi procedur effect guarante constitut state aid land author assum risk charg risk premium commiss take view state aid involv equival full amount guarante closur dinslaken plant continu restructur nettet facil rötzel encount difficulti guarante grant dem million credit restructur rötzel extent vital import compani difficulti face compani extrem credit grant state guarante state aid involv amount dem million dem million addit commiss consid view degre integr ecsc ecsc activ guarante assess accord provis ecsc treati steel aid code german author provid inform permit breakdown cost sector activ commiss possess inform indic restructur led reopen hot roll facil fall scope ecsc treati note bank credit fact cover dem million oper purpos dem million invest purpos imposs distinguish oper cost aris product sector cover treati commiss oblig examin guarante light ecsc treati uk steel associ support view german author contest approach procedur commiss conclud guarante constitut state aid fall ecsc treati breach point articl treati rest exemept laid steel aid code applic case adopt decis articl aid form guarante grant land north rhine westphalia respect bank credit dem million eisen und stahlwalzwerk rötzel gmbh nettet unlaw notifi advanc incompat common market coal steel point articl ecsc treati articl germani accord provis german law relat recoveri amount ow state recov dem million full amount guarante favour eisen und stahlwalzwerk rötzel gmbh nettet order nullifi effect aid interest charg amount date aid grant date repaid rate interest appli commiss calcul net grant equival region aid period question articl germani inform commiss month notif decis measur compli herewith articl decis address feder republ germani brussel juli commiss franz fischler member commiss oj oj