commiss decis novemb cash advanc grant franc bull notifi document number french 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 procedur novemb commiss learn sourc franc plan grant repay advanc eur million bull request inform franc letter novemb remind decemb letter date decemb french minist economi inform commiss aid plan question fax date januari regist receiv januari commiss receiv provision repli french author state cash advanc eur million paid inform request commiss fail receiv inform commiss franc remind letter februari state decis requir inform provid articl council regul ec march lai detail rule applic articl ec treati fail receiv inform ten work dai franc repli fax march regist march extens twenti work dai repli letter march commiss inform franc regist case notifi aid nn extend deadlin provid inform request march fax date march regist march franc notifi aid measur question fax date march regist march french author commiss memo bull audit annual account letter march regist commiss april french author submit bull annual report april commiss decid initi procedur articl treati requir franc suppli inform measur question decis commun franc letter sg april public letter offici journal european commun give rise comment parti letter regist date franc inform commiss confidenti inform remov decis public letter regist dai appli month provid inform request procedur initi commiss agre request letter letter june regist june franc comment initi procedur inform request june meet place commiss manag director bull juli letter commiss franc remind send restructur plan requir point commun guidelin rescu restructur aid firm difficulti hereinaft refer guidelin franc plan commiss letter juli regist juli letter august commiss question franc repli letter septemb regist septemb annex letter arriv octob regist date ii descript recipi earlier commiss decis bull bull subject commiss decis commiss decid capit inject state resourc amount frf billion eur million contain element aid aid compat common market decis conclud aid frf billion eur million research develop compat common market franc grant aid bull commiss decid aid contain advanc frf billion eur million grant februari public contribut frf billion eur million compat common market provid condit restructur plan compli compani privatis aid compli commun law grant bull group recipi develop sharehold french comput group bull french state franc télécom motorola nec sharehold institut individu employe dai nippon print dnp bull limit compani french law bull intern comput group base europ busi countri oper chiefli area top rang profession server bull design suppli rang larg profession server base proprietari oper system gco market server ibm nec technolog addit bull custom mainten servic directli link server french author report bull share european market sector estim main competitor ibm market fujitsu sun specialis comput engin servic bull activ comput engin sector develop integr applic engin softwar architectur hous integri main competitor xerox compaq ibm hewlett packard oracl sap bull share european market amount french author bull turnov broken activ system integr inform manag servic proprietari server standard server infrastructur product servic bull custom breakdown public sector telecommun energi transport bank insur remaind sector bull implement measur advoc decis ec restructur bull profit emploi person countri turnov frf billion addit recommend independ expert appoint commiss franc launch bull privatis open capit dnp franc télécom motorola nec compani list stock exchang bull show loss chiefli ow depreci financi asset oper result neg bull compel sell asset tabl lai staff social plan bull emploi person europ tabl bull asset sold year le echo novemb gt tabl gt bull acquir italian activ integri europ steria decemb exchang reduct debt steria eur million expect eur million inform possess commiss recoveri develop plan quot strateg plan quot adopt novemb implement begin provid strateg recent servic mainfram convers busi subsidiari provid disinvest sale strateg asset reduct cost workforc adjust french author bull experienc setback strateg plan fail aim partli sell loss make french servic busi negoti consortium french investor plan list integri stock exchang crisi technolog stock market scupper plan addit sharp fall technolog share march affect financ internet technolog activ bull invest heavili focuss commerci offer concept quot servic quot quot net infrastructur quot fresh restructur phase began decemb appoint decemb ceo task analys financi situat assess bull prospect analysi result stage recoveri strategi adopt principl bull board director march recoveri strategi present commiss juli section bull plan sell asset tranch steria share receiv exchang transfer unit kingdom servic busi proce sale louvecienn transact steria sale properti plan outsourc spare part termin pension plan bull hn inform system financi report show loss total eur million compar eur million subscrib capit eur million neg net worth eur million compar eur million consolid net loss amount eur million compar eur million firm recent figur account half show loss job franc french author redund plan fulli financ sale asset plan march provid reduct administr cost overhead result present juli total distribut administr cost reduc turnov half compar report show turnov eur million gross margin eur million neg net result eur million loss tax interest payment amount eur million busi continu pace half group receiv order worth eur million iii descript aid french govern grant aid total eur million bull figur cover instal eur million end notifi instal eur million half aid subject condit list notif aid loan form repay sharehold advanc loan carri annual interest rate equival commiss refer rate applic date payment cash advanc loan reimburs month final payment aid paid maximum period month franc undertook submit restructur plan commiss june maximum amount loan eur million cash advanc eur million justifi french author basi liquid plan shown tabl margin eur million grant view fact firm liquid requir exce eur million june liquid prospect period decemb june present french author tabl liquid plan gt tabl gt iv reason articl procedur initi commiss decid initi proceed articl treati main reason base review compat aid guidelin commiss question natur aid question paragraph guidelin design compani busi limit period futur assess present case stage firm commit long term restructur process commiss exact date tranch eur million grant import know exact date due fact guidelin provid member state month rescu aid measur authoris commun restructur plan liquid plan proof loan reimburs full durat aid clear guidelin aid cover maximum period month notif risk aid grant month fourth commiss doubt aid quot spillov quot effect claim franc bull busi member state commiss doubt sourc cash requir firm start restructur year earlier state section ii aid intend financ current restructur bull receiv restructur aid fresh restructur aid principl quot time time quot aid provid section guidelin comment franc initi procedur french author provid detail french author point natur aid firm long term restructur bull undergo continu adjust step develop market firm present adjust process led bull expand servic market regard capit intens adjust effort contain strateg plan cover end financ firm develop servic sector carri favour condit ow lack financ product lead deterior posit firm french author state extern factor difficult posit market collaps stock market firm led failur bull strateg plan stress fact price bull european servic activ amend time novemb strateg plan fail firm found difficulti encount problem find short term credit bull appli french govern rescu aid end decemb exact date instal eur million grant french author grant decemb cash advanc grant articl amend financ law accord decre decemb promulg law decre law applic clear dai public french offici gazett decemb eur million paid bull januari total durat aid french author state tranch eur million decemb tranch eur million grant eur million june confirm aid paid maximum period month date grant accord section guidelin question spillov rescu aid grant bull franc state bull small share market servic server lag competitor conclud effect aid intra commun trade competit minim state disappear bull weaken competit europ bull offer custom freedom choic exist franc point bull recognis specialist heterogen open environ facilit free interplai competit sourc liquid requir doubt express commiss initi procedur aid financ success restructur plan franc provid detail statement cash advanc eur million eur million alloc financ oper loss incur januari french author stress requir set disappear quarter ow reduct manag cost eur million reimburs short term credit line french author bank withdrawn credit line bull unabl find fresh credit eur million alloc repay debentur loan eur million alloc repay yen bond involv privat placement repay contractu obligatori ow bull inadequ capit reserv decemb eur million repai bank loan secur claim lender decid short notic termin agre extend arrang month month basi french author point bull suffici resourc repai loan time french author conclud advanc state allow bull remain busi half firm neg cash flow eur million repai eur million bank debentur loan rapidli financ restructur cost franc state cost restructur plan half eur million financ sell asset sale louvecienn headquart eur million sale lottomatica eur million sofom eur million sale market tranch steria stock receiv exchang transfer steria bull servic busi europ scandinavian swiss subsidiari eur million sale asset provid bull total eur million give surplu eur million cost redund plan half surplu coupl sale asset decid board director carri involv amount make financ rest restructur plan french author submit restructur plan summaris rescu phase aim achiev oper equilibrium workforc cut person franc reduct overhead consolid posit result achiev bull proprietari server mainten revers neg result field financ redund plan sale bull asset sale land build sale steria stock transfer ibm mainten part manag busi stock last recoveri strategi purpos phase combin strength group provid custom applic develop inform manag servic advic comput architectur system put practic order optimis physic infrastructur server reduct suppli server concentr server intel itanium compon essenti top rang server bull plan withdraw develop market infrastructur servic bull aim increas ad servic suppli end small number servic promot specif bull product field system secur administr open sourc solut tool provid small number rank partner synergi team establish order enhanc product field applic servic secur product bull aim restor profit system integr activ profession manag gradual increas skill basi experi acquir telecommun sector public sector energi sector bull plan expand defenc sector view possibl cooper offer develop scientif sector bull offer competit servic field electron messag servic hour call manag portal mobil invoic telephon call plan improv tool skill area secur inform system skill figur bull aim depart product product consist proprietari server larg open server secur product recapitalis group septemb june basi activ bull reach equilibrium half return profit bull return profit reimburs cash advanc eur million resourc june bull recapitalis plan achiev larg privat sector sharehold wish particip capit increas privat investor interest acquir stake bull search capit start bull shown return oper equilibrium vi assess aid exist aid articl treati state quot aid grant member state state resourc form whatsoev distort threaten distort competit favour undertak product good affect trade member state incompat common market quot present case sharehold advanc grant french state articl amend financ law aid consist repay cash advanc french state bull sharehold advanc specif firm bull compli principl privat investor market economi bull sharehold state intend grant advanc bull bull view financi situat obtain advanc market aid strengthen posit firm enabl cover normal oper cost distort threaten distort competit bull intern compani product subject intern trade bull foreign competitor ibm fujitsu sun conclud sharehold advanc grant french state bull constitut aid mean articl treati oblig notifi articl treati requir member state notifi plan grant alter aid member state concern put propos measur effect procedur result final decis clear present case aid grant paid franc offici notifi aid commiss ascertain compat common market aid grant decemb paid januari formal notif reach commiss march commiss conclud fail notifi franc unlawfulli implement aid question breach oblig articl treati compat aid common market aid exempt articl treati aid social charact grant individu consum aid make good damag caus natur disast compens econom disadvantag caus divis germani aid exempt articl treati intend promot econom develop region promot execut import project common european interest promot cultur heritag conserv determin aid qualifi exempt articl treati aid facilit develop activ advers affect trade condit extent contrari common interest treati provis prompt commiss adopt guidelin appli assess measur field rescu restructur aid rescu aid precis exempt claim french author assess aid guidelin figur suppli french author section ii bull regard firm difficulti mean guidelin view statu limit compani bull regard firm difficulti point guidelin quot half regist capit disappear quarter capit lost preced month quot present case loss amount eur million eur million capit subscrib date amount eur million bull neg net worth eur million compar eur million half equiti quarter capit disappear twelv month analysi figur show bull posit firm difficulti mean guidelin fact confirm mount loss dispos larg number asset review aid section guidelin produc assess accord point guidelin aid consist liquid support grant interest rate refer rate adopt commiss case question rate refer rate date tranch aid grant decemb point guidelin stipul aid link loan reimburs period twelv month disburs instal firm present case instal grant june reimburs complet june commiss note franc bull repai sum resourc plan recapitalis oper propos verifi condit date insist reimburs place june point guidelin state aid warrant ground social difficulti unduli advers spillov effect member state condit caus doubt procedur initi ow fact bull oper member state franc provid suffici inform commiss conclud aid neg spillov effect dispel doubt bull small market share addit sell busi franc limit advers effect aid member state point guidelin requir franc commun month rescu aid authoris restructur plan liquid plan proof loan reimburs full guarante termin procedur initi point pose difficulti commiss exact date aid instal grant franc state grant decemb result requir submit restructur plan june undertak gave time notif commun restructur plan slight delai half month payment aid instal commiss regret franc fail commun restructur plan deadlin set conclud submiss plan satisfi requir guidelin point guidelin state rescu aid restrict amount need firm busi commiss doubt point initi procedur bull restructur year aid financ restructur bull receiv restructur aid restructur aid principl quot time time quot aid refer section guidelin commiss consid detail suppli franc procedur initi suffici enabl conclud cash advanc sole reimburs credit line debentur loan bank loan financ oper loss franc present data confirm restructur cost notabl redund plan financ full sale asset section commiss conclud aid accord point guidelin limit amount need firm busi month rescu aid authoris commiss point franc compli strictli principl quot time time quot aid grant restructur aid bull decemb recapitalis bull conform privat investor principl point guidelin requir rescu aid cover maximum period month situat requir clear procedur initi commiss aid instal paid total durat aid commiss conclud explan provid franc aid grant compli requir instal grant decemb instal june period month commiss doubt aspect remov point guidelin rescu aid oper design compani busi limit period futur assess situat requir gave rise question procedur initi compani engag long term restructur process cash advanc serv cover cost restructur inform commun franc rescu aid allow compani stock develop recoveri strategi implement earli franc suppli evid cash advanc alloc cover liquid requir restructur cost financ sale asset commiss doubt dispel commiss stress rescu aid grant aid oper vii conclus cash advanc grant franc bull constitut aid mean articl treati aid grant franc breach oblig articl treati constitut unlaw aid exempt articl treati applic cash advanc satisfi criteria spelt guidelin commiss assess aid light guidelin commiss conclud regard inform commun french author cash advanc grant firm difficulti consist liquid support subject commiss refer rate link loan reimburs period month disburs instal aid advers spillov effect member state commiss ensur reimburs oblig satisfi twelv month payment instal june franc requir submit evid commiss bull repaid full cash advanc interest june latest commiss ensur rescu aid oper franc grant rescu aid bull futur order safeguard natur aid order compli quot time time quot condit commiss point restructur aid grant franc bull ten year payment restructur aid decemb adopt decis articl aid grant franc bull form cash advanc eur million compat common market subject condit set articl articl franc submit evid reimburs bull june cash advanc eur million includ interest articl franc inform commiss month notif decis measur compli articl decis address french republ brussel novemb commiss mario monti member commiss oj oj oj oj oj commiss decis ec octob oj dnp japanes group employe work itali unit kingdom germani netherland spain portug franc note bull italian servic activ deficit quot bull va rachet tout de suit sa divis italienn steria quot la tribun decemb end bull discuss sell asset reduc debt total cost redund plan amount eur million correspond total revenu asset sold asset sale decid septemb compar target march eur million turnov previou eur billion loss due thing provis restructur eur million jai quot bull assaini son bilan mai doit encor fair se preuv quot la tribun juli cash advanc part advanc eur million end advanc eur million march french author explain firm financ capac deterior rapidli expect section ii true european mainfram manufactur icl siemen nixdorf olivetti philip shut sell busi sector involv portfolio activ staff cutback retrain law decemb journal officiel de la républiqu français franc state top rang server bull held european market share market servic squar bracket asterisk denot confidenti inform delet text bull budget base overhead reduc exclud cost redund plan section