commiss decis octob state aid itali plan grant agricultur undertak cooperativa agricola moderna scrl notifi document number italian version authent ec commiss european commun regard treati establish european commun subparagraph articl thereof call interest parti submit comment pursuant provis cite regard comment procedur letter date februari regist februari italian perman represent european union notifi commiss measur accord articl ec treati letter august regist august decemb regist decemb april regist april italian perman represent european union commiss inform request italian author letter april septemb inform contact letter date june commiss inform itali decid initi procedur laid articl ec treati respect aid decis initi procedur publish offici journal european commun commiss invit interest parti submit comment aid commiss receiv comment interest parti letter date septemb regist septemb itali commiss inform plan aid ii detail descript aid cooperativa agricola moderna scrl undertak elig receiv rescu aid examin approv commiss case approv decis make provis convert rescu aid restructur aid provid month aid authoris itali submit restructur plan undertak accord point commun guidelin state aid rescu restructur firm difficulti quot guidelin quot italian author notif restructur plan accord commit made decis focus restructur aid line restructur plan rescu aid disburs amount itl convert subsidi form capit grant descript undertak cooperativa agricola moderna scrl small scale cooper societi compris partner specialis wine cereal grow primari product manag hectar own hectar leas receiv product hectar market studi italian author cooperativa agricola moderna scrl main activ product grape winemak gross saleabl product market concern wine market total wine product march region surfac area hectar produc wine regist design origin itl billion hectar vineyard cooperativa agricola moderna scrl cover total surfac area region devot wine grow dedic wine regist design origin account region averag product data year current trend wine sector consumpt qualiti wine consumpt wine regist design origin increas consumpt tabl wine decreas intern market grow time reput italian wine abroad improv face vigor competit tradit produc emerg countri sector quarter italian wine firm export abroad gener small medium size undertak annual turnov billion march region wine regist design origin good prospect success verdicchio dei castelli di jesi wine judg italian white wine rosso conero popular march region wine itali world quantiti export amount futur prospect context restructur reveal moder optimist view develop wine market anticip slump demand high qualiti wine produc restrict geograph area cooperativa agricola moderna scrl restructur plan proport product convert wine kind sourc cooperativa agricola moderna scrl difficulti italian author cooper financi difficulti due excess financi cost financ invest short term loan constant downward trend market price link similar reduct product cost manpow technolog low level mechanis product ag vineyard assur adequ profit margin insuffici reserv depreci fund reserv year suffici relat lifetim equip exacerb financi situat natur disast poor weather condit mark season hail season hail drought caus loss partial offset insur cover elig compensatori aid nation region scheme invest vineyard equip public fund turn consider maximum amount laid commun legisl region set ceil elig expenditur itl hectar rate aid steepli slope area equip cost consider exceed ceil itl hectar cooperativa agricola moderna scrl debt burden italian author cooperativa agricola moderna scrl loss sum differ econom perform itl differ public aid invest itl loss gross product due weather condit itl loss gross product due weather condit itl total loss itl rescu aid aid scheme commiss agre itali criteria list order assess extent difficulti compani receiv rescu aid elig undertak show viabil indic financi structur indic indic index viabil indic oper loss loss year period oper incom oper capit financi year reduct financi year financi year cooper societi oper incom product reduct financi year annual rate reduct financi year turnov stock reduct financi year rate reduct financi year financi charg turnov financi year financi structur indic time pai supplier increas financi year rate growth financi year oper incom financi cost reduct financi year annual rate reduct financi year work capit stock current liabil financi year reduct financi year financi year work capit current liabil financi year reduct financi year financi year perman capit tangibl asset financi year reduct financi year financi year short term bank debt current liabil financi year absolut increas financi year cooperativa agricola moderna scrl meet requir undertak assess difficulti basi relationship financi charg turnov turnov stock work capit stock current liabil short term bank debt current liabil restructur cooperativa agricola moderna scrl restructur plan call proport vineyard convert product regist design origin wine repres region verdicchio dei castelli di jesi rosso conero invest machineri order reduc manpow cost increas profit plan action renov restructur hectar vineyard regist design origin accord year invest programm carri accord commun regul regul ec establish progress hectar vineyard produc wine regist design origin hectar verdicchio dei castelli di jesi hectar rosso conero purchas grape harvest machin cost itl order mechanis harvest oper reduc manpow cost approxim itl year cost invest vineyard renov restructur carri year period cover plan descript amount itl vineyard hectar itl million elig invest hectar itl million invest aid itl million remaind financ member cooper increas undertak share capit itl million share capit increas itl million itl million financi year addit member grant cooper loan itl million restructur aid cover cost consult accompani restructur plan total itl task assign moncaro cooper period year financi structur restructur plan previou debt shown preced tabl itl charg born member reduc reimburs product land increas share capit net debt contribut purchas equip plan accompani cost total rescu aid loss oper year itl differ public aid invest contribut purchas equip plan accompani cost reduct depreci fund alloc part total convert itl rescu aid subsidi form capit grant make reduc aforement total debt itl cover part purchas grape harvest machin cost accompani restructur plan offset cooper undertaken reduc product capac wine sector decemb wine grow capac take account varieti grown standard product stipul chapter wine regist design origin tonn plan reduct period year accord point guidelin product capac reduc tonn level maintain restructur plan submit begin reason initi proceed commiss initi proceed respect scheme question reason cooper annual balanc sheet show profit commiss doubt real extent indebted difficulti experienc cooper period commiss doubt undertak abil restor viabil reduc product capac figur provid itali show reduc product neglig effect econom balanc undertak obtain fall sale period commiss doubt amount aid plan minimum permit restructur carri purpos calcul real commiss doubt depreci fund reserv set count loss express doubt elig context restructur plan aid invest equip area product deficit lastli commiss express uncertainti restructur plan accompani cost rule cooper assign carri task receiv indirect aid iii comment itali letter date septemb itali provid inform clarif long stand natur cooper difficulti itali confirm cooperativa agricola moderna scrl fulfil criteria region approv context state aid cite specif natur cooper societi gener tend balanc account find difficulti wit consider financi charg high level debt show oper incom offset financi charg itali order balanc account period undertak act item account reduc payment product member land rate lower market price effect requir signific financi contribut itl million cooper member cut fund set offset depreci need order machineri equip proper work order meant lack financi resourc renew equip advers effect financi manag addit heavi loss financi year itl million turnov offset earn financi year conting itl million itl million due revenu product agricultur product estim restor viabil spite reduc product capac itali stress confirm requir reduc undertak wine product period year keep maximum product limit tonn grape entail percentag reduct product chang product mix qualiti grape bring minor reduct incom sale itali confirm calcul submit proceed elig invest aid machineri specif grape harvest machin itali point purchas essenti restor viabil undertak machin concern make mechanis cultiv harvest oper reduc man hour manag vineyard reduc product cost itl million make wine grow divis undertak profit itali provid tabl show real cost equip vineyard steepli slope area comparison refer valu public aid disburs entail loss incom itl itali provid clarif cost consult accompani activ specif sum itl cover cost analys financi situat asset year draw restructur plan draw forecast account technic administr assist requir implement action detail plan monitor action undertaken evalu correct action quantif cost consult accompani appropri amount itali refer presidenti decre octob set fee profession servic economist iv assess aid articl treati aid grant member state state resourc form whatsoev distort threaten distort competit favour undertak product good affect trade member state incompat common market aid question fit definit confer econom advantag specif undertak fund public purs region fund affect trade itali posit wine sector itali european union largest wine produc respons eu product case provid articl treati measur derog consid compat common market derog case point laid articl aid consid compat common market found facilit develop econom activ econom area aid advers affect trade condit extent contrari common interest take account natur order benefit derog aid question compli condit set guidelin guidelin stipul gener condit order restructur aid authoris firm qualifi firm difficulti restructur plan restor long term viabil firm reason timescal present measur mitig advers effect aid competitor compensatori measur amount intens aid limit strict minimum need enabl restructur undertaken aid issu quot time time quot principl cooperativa agricola moderna scrl difficulti note commun definit constitut quot firm difficulti quot point guidelin stipul purpos guidelin commiss firm difficulti unabl resourc fund obtain owner sharehold creditor stem loss intervent public author condemn busi short medium term usual sign firm difficulti increas loss diminish turnov grow stock inventori excess capac declin cash flow mount debt rise interest charg fall nil net asset case point undertak difficulti recognis context rescu aid scheme approv commiss decis sg basi assess method point form integr part authoris decis cooper declar difficulti basi criteria financi charg turnov turnov stock work capit stock current liabil short term bank debt current liabil nonetheless rescu aid previous approv restructur aid cover decis assess authoris wai case point rescu restructur part singl oper involv process point guidelin commiss consid fact firm difficulti read find previous establish conclus corrobor detail analysi inform provid itali balanc account gave rise commiss doubt account method case point isol give complet pictur undertak real financi sound balanc cooperativa agricola moderna scrl account artifici achiev cooper member absorb substanti proport loss accept lower rate remuner product land failur set depreci fund reserv permit italian law demonstr undertak unabl financ normal process renew product equip cash flow evid undertak difficulti sought short term debt lack cash flow downturn turnov debt itl loss make financi manag itl liquid index face fall turnov cooperativa agricola moderna scrl unabl restor viabil resourc member fact occas form loan reduc rate reimburs product land restructur plan grant aid subject establish restructur plan durat short restor long term viabil firm reason timescal basi realist assumpt futur oper condit market studi carri improv viabil deriv intern measur restructur involv abandon activ remain structur loss make restructur point guidelin italian author present restructur plan accompani market studi assess cooper prospect public fund itl restructur plan point cover year identifi reason undertak crisi put forward seri intern measur restor viabil plan action convers section vineyard product wine regist design origin verdicchio rosso conero grape market studi shown good commerci prospect public aid creation progress hectar vineyard produc wine regist design origin base replant right purchas grape harvest machin mechanis product reduc cost commiss doubt elig aid invest equip essenti restor viabil grape harvest machin detail examin inform provid show mechanis product kei element restor viabil undertak calcul provid itali purchas item equip entail annual save itl vineyard manag gener gross saleabl product cooper increas product itali undertaken reduc cooper wine product capac period year commiss doubt itali claim reduct product entail signific reduct revenu sale care examin tabl submit itali point bore theori convers regist design origin grape varieti verdicchio superior verdicchio riserva verdicchio passito market price gener greater incom offset larg extent plan reduct capac restor viabil undertak compromis plan reduct capac calcul sale revenu reduct capac grape ha ha product capac max price kg total verdicchio castelli jesi verdicchio castelli jesi verdicchio superior verdicchio riserva verdicchio passito rosso conero doc riserva esino rosso march igt bianco march igt rosso total total itl calcul sale revenu reduct capac grape ha ha product capac max price kg total verdicchio castelli jesi verdicchio castelli jesi verdicchio superior verdicchio riserva verdicchio passito rosso conero doc riserva esino rosso march igt bianco march igt rosso total differ point guidelin stipul restructur involv abandon activ remain structur loss make restructur case point relev product activ structur loss make undertak difficulti essenti financi natur purchas equip question cooper increas profit margin wine grow restructur plan varianc term guidelin avoid undu distort competit line point guidelin measur mitig advers effect aid competitor compensatori measur form limit presenc compani enjoi market method appli gener principl agricultur sector chapter guidelin principl aid small undertak agricultur sector distort competit commiss requir compensatori measur undertaken beneficiari restructur aid form reduct capac event primari product reduct capac closur minimum period year requir measur target product oper product capac reduct attain restructur aid effect grant figur reduc assist area case point itali provid capac reduc undertak product capac period year condit met aid limit minimum point guidelin amount intens aid limit strict minimum need enabl restructur undertaken light exist financi resourc compani aid beneficiari expect make signific contribut restructur plan resourc extern commerci financ limit distort effect form aid grant avoid provid compani surplu cash aggress market distort activ link restructur process examin requir guidelin fulfil commiss factor account restructur plan benefit public aid itl subsidi form capit grant itl establish vineyard elig expenditur part itl cover real cost incur loss due advers weather condit loss make invest inadequ depreci fund reserv part implement restructur plan accompani cost contribut purchas equip essenc aid limit clear undertak debt fund invest restructur busi plan submit undertak show financi year restructur cash flow gener suffici undertak carri aggress oper directli link invest provid restructur plan small scale undertak minor import region wine sector region product ensur aid neglig impact competit explan provid itali point regard plan accompani cost convinc commiss plan fee dispel doubt sum paid moncaro cooper perform relev servic view aid cooperativa agricola moderna scrl contribut restructur contribut made cooper member restructur plan point invest restructur plan financ cooper order gener resourc member increas share capit itl gave cooper loan itl relev requir guidelin consid met quot quot aid point guidelin state restructur aid grant itali confirm adher principl conclus measur line commun guidelin state aid rescu restructur firm difficulti adopt decis articl state aid itl itali plan implement cooperativa agricola moderna scrl compat common market implement aid authoris articl decis address italian republ brussel octob commiss franz fischler member commiss oj note letter sg date oj ismea nielsen studi market survei carri assivip inter provinci associ qualiti wine produc order guarante labour provid remuner accord wage agreement forc cooper set depreci fund reserv machineri equip land improv loss total itl year market price price observatori osservatorio dei prezzi publish magazin terra vita issu ministeri decre