commiss decis novemb state aid implement germani ambau stahl und anlagenbau gmbh notifi document number german text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof call interest parti submit comment pursuant provis cite regard comment procedur letter date decemb germani inform commiss aid ambau stahl und anlagenbau gmbh ambau aid case regist nn letter date januari octob commiss ask inform germani repli letter date april june decemb letter date march commiss inform germani decid initi procedur laid articl ec treati respect aid invit interest parti submit comment case regist comment present germani receiv june comment aid recipi receiv letter date june letter date decemb commiss inform germani extend proceed includ measur supposedli grant approv scheme invit interest parti submit comment comment germani extens proceed receiv februari commiss request inform germani letter septemb germani repli letter date octob comment aid recipi receiv letter date ii descript beneficiari case concern financi measur restructur gräfenhainichen plant ambau compani situat german länder activ sector process plant engin ambau oper product plant german länder situat sperrenberg brandenburg gräfenhainichen saxoni anhalt plant gräfenhainichen own anhaltin stahl und anlagenbau asta state own compani asta treuhandanstalt tha privatis compani manag bui mbo asta incur loss dem million subsequ file bankruptci end oper asta continu administr decemb ambau product asta employe ambau emploi peopl plant sperrenberg compani emploi peopl transfer asta activ ambau workforc increas significantli account year ambau emploi peopl sperrenberg gräfenhainichen owner ambau privat businessmen stake decemb ambau conclud contract administr leas asta asset januari grundstücksfond sachsen anhalt gsa belong publicli own bodi asset administr conclud long term leas contract ambau ten year contract termin quot extraordinari circumst quot mean german civil code initi period ambau option bui asset ambau contractu respons mainten renov site investor origin intent found compani activ gräfenheinichen integr ambau gmbh request financ bank restructur main problem led difficulti asta mismanag absenc clear product profil germani asta process order take account profit clear busi plan restructur plan provid restructur period year concept ambau plant gräfenhainichen specialis main activ firstli due grow import sustain energi concentr product compon technolog wind energi engag product compon power plant turbin exhaust system field specialis assembl furnac metallurg chemic industri product larg steel structur bridg tower product profil requir work asset stock inventori develop custom base outdat machineri need replac larg infrastructur initi led excess fix cost need reduc main invest restructur modernis product asset replac mainten machineri introduct softwar cost restructur initi amount dem perform origin project plan gt tabl gt state financi measur support restructur decis initi formal investig proceed measur contribut public sourc grant restructur tabl measur origin public contribut gt tabl gt financi contribut sourc initi proceed germani contribut contribut recipi privat sector sourc tabl measur origin privat contribut gt tabl gt market inform plant gräfenhainichen ambau activ field gener purpos equip nace rev special purpos equip nace rev initi inform receiv ambau achiev turnov germani direct indirect export end ambau held market share german market field plant construct wind energi sector field equip metallurg chemic industri european level ambau market share state margin germani percentag term turnov dem million gener turbin power gener compon wind energi equip metal industri mechan engin repair work basi initi inform provid capac gräfenhainichen remain decis initi extend proceed articl ec treati decis initi formal investig procedur aid assess guidelin state aid rescu restructur firm difficulti adopt guidelin aid award public guidelin guidelin decis initi proceed commiss express doubt leas contract gsa investor includ aid gsa publicli own bodi commiss possess suffici inform assess contract conclud market condit ad hoc aid grant compani compli condit guidelin recipi elig restructur aid ii view compani limit resourc declin compani equiti restructur plan suitabl restor viabil reason time scale iii aid unduli distort competit basi market inform time proceed initi exclud ambau reduc capac inform time capac increas iv aid proport cost benefit restructur doubt measur tabl consid contribut recipi extern commerci resourc measur dta loan appear partial financ public resourc constitut aid clear measur sparkass loan plant sperrenberg gräfenheinichen clear guarante land saxoni anhalt measur tabl dormant equiti hold wsa measur compli condit scheme refer germani commiss issu inform injunct pursuant articl council regul ec march lai detail rule applic articl ec treati germani subsequ suppli addit inform applic aforement scheme guarante measur germani inform commiss measur grant ambau asta plant gräfenhainichen grant compani difficulti dormant equiti hold measur germani inform commiss measur grant aid scheme initi addition dta loan measur initi contribut recipi germani correct inform provid state measur financ aid scheme subsequ consid exist aid decis extend formal investig procedur regard guarante measur commiss state assess addit inform appear compli condit scheme refer commiss consid dormant equiti hold measur compli condit scheme refer germani grant combin restructur measur assess ad hoc aid dta loan measur consid ad hoc aid interest rate dta loan lower provid scheme refer germani measur grant year start provid scheme measur assess individu aid measur decis iii comment germani recipi formal investig proceed germani suppli amend inform compris comment recipi receiv decis initi extend proceed leas contract conclud ambau gsa germani suppli expert report leas price account bad condit premis restor mainten ambau contractu respons fact ambau administr mainten part premis germani state asta activ gräfenhainichen ambau small enterpris limit resourc emploi fewer peopl ambau gener annual profit dem averag annual turnov dem million germani argu origin activ sperrenberg requir work capit consist assembl work activ gräfenhainichen requir higher work capit ambau financ exclus resourc result asta exist order loss dem million incur asta activ led decreas ambau equiti increas compani liabil germani submit addit inform state financi measur exclus restructur gräfenhainichen site regard viabil restructur plan germani argu ambau effect equiti ratio higher compani data time aid receiv enter liabil annual balanc sheet approv commiss inform actual perform ambau suppli gt tabl gt potenti distort competit concern germani provid addit inform market market plant construct wind energi grow germani state restructur total amount product hour gräfenhainichen reduc compar asta capac sperrenberg remain stabl actual market share ambau main sector activ gt tabl gt aid proport cost benefit restructur germani inform commiss actual restructur cost amount dem million compris gt tabl gt note tabl round figur relat loan sparkass teltow measur germani state restructur gräfenhainichen germani argu loan regard contribut recipi restructur germani inform commiss workforc agre derog collect labour agreement bring save dem ambau supplier agre extens period allow payment worth dem regard contribut recipi restructur question measur tabl dormant equiti hold wsa compli condit scheme refer germani germani correct previou statement constitut exist aid state measur assess ad hoc aid question dta loan measur tabl compli condit scheme refer germani germani argu scheme stipul year grant period exceed except circumst germani state interest rate applic scheme flexibl fact decreas condit loan exce aid intens provid scheme inform restructur financ tabl measur public contribut initi proceed tabl gt tabl gt tabl measur privat contribut initi proceed tabl gt tabl gt iv assess aid articl ec treati declar aid grant state resourc specif undertak distort threaten distort competit incompat common market affect trade member state measur fall scope articl ec treati constitut exist aid gener incompat common market fall scope derog articl articl ec treati state aid view addit inform submit germani expert studi leas contract ambau gsa leas price account atyp financi burden relat leas properti commiss conclud doubt contract state aid allai articl ec treati appli financi measur made germani recipi undertak commiss note bv predecessor treuhandanstalt feder agenc task privatis state own compani länder bv part feder administr account measur attribut state measur grant germani involv confer econom benefit specif undertak receiv privat sector sourc measur constitut aid natur aid distort competit natur assist exist intra commun trade sector recipi undertak activ financi measur fall scope articl ec treati waiver oblig repai bv loan amount dem million measur grant aid scheme approv commiss assess ad hoc aid decis respect aid state award approv scheme note basi addit inform provid germani measur measur compli condit scheme refer measur assess decis regard dormant equiti hold dem million wsa measur earlier inform provid germani grant approv aid scheme germani inform commiss measur cover provis scheme initi refer measur assess ad hoc aid aid amount dem million measur assess compat common market decis commiss note germani fail compli oblig articl ec treati inform commiss suffici time plan grant aid formal point view aid unlaw necessarili aid incompat common market individu measur examin articl ec treati derog articl ec treati articl set condit aid compat consid compat common market articl relev purpos aid enabl restructur recipi derog mention articl invok appli guidelin state aid rescu restructur firm difficulti commiss set condit posit exercis discret articl ec treati inform submit germani aid assess grant recipi entri forc guidelin guidelin appli measur question pursuant point guidelin decis initi formal investig procedur commiss express doubt condit guidelin met elig restructur aid firm difficulti compani elig restructur aid defin guidelin firm difficulti unabl recov resourc rais fund sharehold borrow guidelin provid precis definit compani difficulti typic symptom compani difficulti deterior profit increas size loss diminish turnov grow inventori excess capac declin cash flow increas debt rise interest charg low net asset flow acut case compani insolv liquid point guidelin firstli note activ continu ambau asta show rang mention symptom final forc insolv led subsequ bankruptci proceed activ transfer ambau asta elig restructur aid hand note asta activ ambau healthi compani aid measur assess decis grant transfer asta activ ambau determin transfer ambau elig restructur aid gener healthi investor incorpor compani compani expect financ restructur resourc extern commerci financ healthi investor incorpor compani difficulti compani difficulti principl consid elig restructur aid guidelin point restrict attitud restructur aid grant sme case appear specif problem compani face sme made legal incorpor compani restructur ambau small compani limit resourc time consider smaller asta incorpor ambau remain sme limit access commerci financ investor privat businessmen support larger group inform submit germani aid exclus restructur activ gräfenhainichen asta financ activ firm separ entiti activ gräfenhainichen consid elig restructur aid legal incorpor activ gräfenheinichen ambau undertaken request financ bank order obtain suffici secur loan grant legal incorpor due ambau limit resourc investor commit financi plan guarante relat person properti secur engag busi sperrenberg investor obtain addit extern commerci fund addit fund indispens time ambau possess insuffici capit financ restructur newli acquir activ gräfenhainichen specif circumst case incorpor place order integr activ entiti extern motiv rais extern fund problem compani face sme made legal incorpor entiti principl elig investor compani order provid improv secur situat compar chang ownership site difficulti guidelin chang ownership affect elig firm restructur aid view specif circumst compani face sme aid grant restructur ambau activ gräfenhainichen assess basi guidelin rescu restructur aid activ difficulti transfer activ asta bankrupt ambau regard emerg firm bankruptci proceed gener newli creat firm initi difficulti elig restructur aid due except circumst german länder commiss practic appli guidelin call quot auffanglösungen quot länder case arrang occur end decemb exempt appli long activ compani continu sale individu asset instanc transfer activ gräfenhainichen econom term similar aforement quot auffanglösungen quot investor activ asta signific part workforc ambau present leas asset gräfenhainichen question aris consid activ difficulti origin intent investor bui asset gräfehainichen due limit resourc ambau time transfer financi resourc restructur measur context note ambau receiv aid purchas asset permiss commiss practic relat guidelin ambau conclud long term leas contract relat entir activ includ option bui asset contractu oblig restrict cancel mainten oblig aim ensur long term commit investor site ambau subsequ invest dem million renov site ambau exist order asta relat loss dem million incur investor contribut exist busi sperrenberg person guarante restructur leas contract respect asset place lack investor commit restructur due limit financi resourc leas contract investor product site individu asset investor commit site confirm long term leas purchas option invest shift staff gräfenhainichen loss make exist order origin activ inher difficulti lastli investor undertook substanti person risk link success restructur owner asset ambau effect activ difficulti ambau elig aid guidelin restructur gräfenhainichen site difficulti restor viabil guidelin restructur plan lead restor viabil reason time scale compani compet market merit obtain intern measur involv abandon structur loss make activ viabil restructur plan doubt compani accomplish goal set plan aros decreas compani equiti capit germani suppli addit inform low equiti ratio deriv fact aid enter liabil long approv commiss equiti ratio decis factor assess prospect plan present note consider staff reduct gräfenhainichen site modernis product facil concentr kei activ major problem led difficulti asta adequ address assum restructur plan foresaw return profit year suit restor viabil compani commiss initi doubt plan suit restor viabil allai conclus appear confirm actual perform compani avoid distort competit condit guidelin advers effect aid competit offset compani engag market excess capac reduct compani capac inform initi proceed determin ambau oblig reduc capac germani suppli addit inform show market share ambau insignific conclud inform ambau engag activ grow market compani fact extent limit capac doubt aid grant ambau unduli distort competit allai proportion restructur cost benefit guidelin requir aid limit strict minimum need restructur undertaken recipi requir make substanti contribut restructur extern commerci sourc understood commerci financ market rate latest inform restructur cost amount dem million germani state contribut recipi cost amount dem million compris measur tabl decis initi proceed commiss express doubt dta loan measur sparkass loan measur consid contribut recipi latest inform germani take view dta loan regard aid account contribut recipi sparkass loan doubt count contribut clear restructur gräfenhainichen germani suppli addit inform gräfenhainichen site term grant note sparkass publicli control financi institut view fact time loan grant ambau small undertak loan secur person guarante clear actual rate fact correspond market condit accept extern commerci contribut measur account contribut recipi extern commerci sourc influenc outcom proportion assess derog collect labour agreement measur mention inform receiv initi proceed commiss note long employe investor compani contribut regard investor contribut public financ agreement supplier ambau longer term payment commiss reiter posit express decis extend formal investig procedur doubt short term postpon consid commerci contribut restructur measur account influenc outcom proportion assess contribut made recipi extern commerci sourc amount dem million ambau sme assist area emploi employe previou case commiss specif circumst approv aid sme low investor contribut addit investor commit restructur origin busi sperrenberg privat properti bank loan compani secur person guarante provid investor investor consider person risk link success restructur process aid provid undertak excess surplu cash distort practic vi vi competitor reason commiss consid investor contribut consid signific mean guidelin fulfil condit point iii guidelin proportion aid view addit inform suppli germani proceed commiss origin doubt aid compli condit guidelin allai conclus commiss find germani unlawfulli implement aid amount dem million breach articl treati view consider commiss conclud measur compat common market adopt decis articl aid germani grant ambau stahl und anlagenbau gmbh amount eur million compat common market pursuant articl ec treati articl decis address feder republ germani brussel novemb commiss mario monti member commiss oj oj footnot footnot circumst render continu contract unaccept parti breach contractu oblig imposs contractu object articl civil code version cover articl seq version oj oj tabl oj tabl tabl sg tabl sg tabl tabl tabl tabl tabl tabl tabl compani evolv bankruptci proceed continu oper bankrupt busi exempt explicitli laid footnot guidelin establish quot except rule case dealt bundesanstalt für vereinigungsbedingt sonderaufgaben context privatis remit similar case länder involv compani emerg liquid asset occur decemb quot tabl tabl tabl case khk verbindetechnik gmbh brotterod oj gmb magnet bitterfeld oj stahl und maschinenbau rostock oj draiswerk oj