commiss decis septemb restructur aid implement franc compagni marseil réparat cmr state aid notifi document number french version 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 procedur letter date novemb regist receiv date hereinaft refer notif franc notifi commiss intend provid financi support ship repair yard compagni marseil réparat cmr case regist case number letter date decemb commiss ask franc inform franc repli letter date march regist receiv march letter date commiss inform franc decid initi procedur laid articl ec treati respect notifi measur case regist case number commiss decis initi procedur publish offici journal european union commiss invit interest parti submit comment measur franc submit comment letter date juli regist receiv august comment interest parti receiv franc submit inform letter date octob regist receiv octob letter date octob regist receiv date commiss address supplementari question franc letter date novemb franc repli letter date decemb regist receiv januari letter date januari regist receiv date commiss ask question letter date franc repli letter date june regist receiv date ii detail descript recipi recipi financi support cmr ship repair compani situat marseil cmr found june asset bankrupt ship repair yard compagni marseillais de réparat cmdr previous ship repair activ port marseil carri undertak marin technologi travof cmdr yard emploi peopl cmdr marin technologi travof cmdr ran difficulti file bankruptci social plan implement bankruptci proceed help cmdr pai charg relat earli retir retrain leav staff pend takeov offer franc plan financ public author cmdr italian compani marinvest juli sold british group cammel laird time cammel laird marseil ship repair yard marin technologi travof cammel laird intend reorganis compani cmdr singl undertak switch activ ship repair ship convers juli juli workforc cmdr significantli decreas due asbesto departur retir worker health affect exposur asbesto view object restructur worker replac activ cmdr reduc cmdr continu pursu ship repair bankruptci bankruptci cammel laird cmdr difficulti juli commerci court marseil open bankruptci proceed respect cmdr cmr compani set june takeov bid cmdr commerci court marseil accept sale plan june context cmdr bankruptci proceed cmr bought cmdr asset price eur consist symbol euro asset eur stock inform shown cmr balanc sheet cmr start oper debt franc initi cmr work progress complianc french social secur legisl sale busi activ articl paragraph labour code cmr oblig labour contract unchang condit skill pai senior likewis cmr firstli wage oblig enter takeov amount eur relat departur asbesto affect worker outstand salari paid leav amount eur figur initi quantifi franc franc inform commiss march cmr emploi product worker compar averag preced year cmr own sharehold act manag director busi plan franc restor viabil ship repair activ marseil requir implement seri measur cmr end year busi plan drawn cmr inherit cmdr number charg quot asbesto departur quot salari paid leav difficulti loss clientel seek ship repair port marseil loss attribut cammel laird polici focus ship convers detriment ship repair franc assert cmr restructur franc recognis exist singl ship repair undertak marseil cmr line potenti ship repair market busi plan franc design restructur plan intend tackl problem encount cmr adopt seri measur firstli previou strategi pursu cammel laird switch ship repair ship convers revers cmr resum tradit activ ship repair addit cmr undertak step franc reduct structur cost comput assist design give manag execut personnel greater respons strict manag subcontract develop multi task capac final invest carri special attent train specialis staff compani reposit market seek attract ship owner sophist vessel cruis ship passeng liner ga tanker base marseil price criterion place order franc submit version cmr busi plan notif base plan involv high oper hypothesi turnov amount eur million high hypothesi prudent plan low hypothesi drawn request commerci court marseil turnov limit eur million year year complet busi plan estim compani oper chang tabl reproduc estim euro oper month turnov oper cost purchas good purchas subcontract purchas extern cost salari wage paid holidai quot asbesto departur quot total personnel cost extern assist total personnel charg assist tax total oper cost oper result subsidi net oper result franc busi plan base turnov gener ship repair compani marseil cammel laird group experienc difficulti capac cmr achiev similar level year franc stress project take account stagnat level custom time takeov approach adopt prudent low hypothesi cost implement low hypothesi busi plan franc cost restructur part tabl franc claim restructur cost charg relat quot asbesto departur quot incur takeov outstand salari paid leav incur takeov cost outlin part tabl take account review figur provid franc letter januari euro item amount invest restructur mainten initi annual eur inventori train man hour subtot cost quot asbesto departur quot incur takeov paid leav due takeov subtot total subtot subtot total cost deem launch cmr eur financi measur franc eur requir cmr financ loan grant provid public privat sourc outlin tabl franc adopt preliminari decis grant public support cmr cmr set cmr asset cmdr legal bind decis grant support issu june euro sourc amount french central govern conseil régional provenc alp côte azur conseil général bouch du rhône citi marseil subtot sharehold capit contribut bank loan subtot total subtot subtot french central govern provid cmr eur form interest free loan franc attribut loan net grant equival nge eur base commiss refer rate franc condit govern payment loan repres tabl septemb amount eur paid cmr euro amount year payment year repay conseil régional provenc alp côte azur conseil général bouch du rhône citi marseil provid cmr eur form grant septemb total contribut local author eur paid cover loss compani month oper privat contribut capit contribut sharehold cmr eur bank loan eur bank loan involv request special guarante bank aspect part cmr asset financ mean leas remain ownership bank loan paid back part cmr asset subject mortgag mean cmr lose ownership bank loan repaid condit agre bank provid loan cooper bank banqu populair group market inform franc french ship repair sector past twenti year subject restructur due strong downturn market marseil ship repair compani ran difficulti account unfavour develop market franc state maintain ship repair compani marseil marin technologi travof cmdr cammel laird exceed capac market franc argu exist singl ship repair compani marseil line market requir cmr workforc cmr product worker march compar averag preced year reduct due departur relat protect asbesto affect worker person franc note worker replac line cmr recruit requir franc capac reduct cmr achiev closur marin technologi site travof site return port marseil longer ship repair decis initi proceed articl ec treati decis initi formal investig procedur hereinaft refer decis initi proceed commiss view measur constitut state aid mean articl ec treati measur assess council regul ec june establish rule aid shipbuild hereinaft refer shipbuild regul commun guidelin state aid rescu restructur firm difficulti hereinaft refer restructur guidelin decis initi proceed commiss express doubt financi measur question authoris restructur aid hand cmr newli creat firm emerg liquid cmdr bear mind hand point restructur guidelin newli creat firm elig rescu restructur aid initi financi posit insecur commiss doubt cmr deem elig restructur aid criteria stipul approv restructur aid met commiss note franc describ structur difficulti need address restructur state difficulti cmr result bankruptci cmdr commiss doubt cmr fact suffer structur difficulti commiss doubt busi plan cmr suitabl restor cmr viabil reason timescal addit commiss doubt capac reduct requir articl shipbuild regul place note franc provid precis inform workforc cmr indic subcontract activ significantli increas commiss doubt aid proport restructur cost benefit commiss base view inform restructur cost amount eur total amount public privat financi contribut eur financi sourc exceed claim restructur context proportion decis initi proceed rais issu determin net grant equival loan grant cmr state note conform commiss notic method set refer discount rate refer rate increas situat involv risk compani difficulti case premium amount basic point commiss doubt total loan consid aid context proportion commiss doubt cost admit restructur cost cite cost relat train employe cmr subcontractor iii comment franc repli decis initi proceed supplementari inform subsequ provid franc submit inform comment doubt cmr firm elig restructur aid franc argu fact cmr compani face difficulti recognis take human physic resourc potenti constitut asset compani franc maintain resourc impos substanti burden franc confirm initi posit cmr compani similar exist compani experienc difficulti franc confirm cmr began activ debt french bankruptci law compani difficulti file bankruptci attempt stabilis situat conclud agreement creditor ad hoc administr appoint commerci court administr appoint request cmdr supervis work progress finish creditor paid attempt stabilis situat cmdr success due decreas asset lack order cmdr eventu file bankruptci juli time takeov cmdr longer debt state contrari franc initi assert work progress finish cmdr file bankruptci reason file bankruptci empti order book paragraph doubt viabil restructur plan cmr franc element plan cmr resum ship repair activ abandon cmdr favour ship convers cmr plan replac asbesto departur young worker higher qualif make unpreced effort train staff cmr envisag introduc annualis work schedul framework regul limit weekli work hour hour harmonis differ staff statu cmr modernis plant work method improv safeti condit draw iso qualiti plan measur addit measur notifi initi franc ensur viabil cmr reason timescal franc state viabil plan ensur realist market hypothes base actual oper ship repair compani marseil prior integr cammel laird addit franc note cmr conclud agreement employe guarante social peac site lastli franc observ cmr oper result half prove compani viabl anticip restructur plan ensur competit distort franc argu reduct ship repair capac ensur close ship repair site marseil marin technologi travof franc argu context ship repair yard northern mediterranean complementari real competit franc confirm cmr sme mean articl commiss regul ec januari applic articl ec treati state aid small medium size enterpris hereinaft refer sme regul lastli franc state cmr employe cmr total number worker due leav period reason relat asbesto exposur proportion financi measur question franc state amount eur public privat contribut cover hand restructur cost eur part compani work capit requir restructur requir franc explain consid cost train subcontractor part restructur cost context franc note activ essenti cmr oper carri extern specialis compani subcontractor affect problem ship repair industri marseil posit financ train employe cmr shoulder financ capac contractor full respons vi vi ship owner altern claim term restructur aid franc ask commiss compat financi measur common market directli basi ec treati articl aid compat restructur guidelin franc argu ship repair essenti proper function port marseil order accommod ship ensur provis ship mainten servic indispens activ port servic relat maritim safeti servic relat tourism repair pleasur craft franc argu safeguard ship repair marseil commun interest line common transport polici promot maritim transport final franc stress histor strateg reason preserv ship repair marseil iv assess state aid articl ec treati aid grant member state state resourc form whatsoev distort threaten distort competit favour undertak product good affect trade member state incompat common market firstli loan eur cmr french govern constitut financi advantag made state resourc econom benefit grant region local bodi member state consid state resourc criterion applic articl ec treati met regard grant amount eur receiv region provenc alp côte azur depart bouch du rhône citi marseil public contribut direct undertak cmr select criterion govern applic articl ec treati met thirdli grant region local author interest free loan french govern confer cmr econom benefit hard obtain privat sector natur measur distort competit fourthli criterion trade affect met recipi carri econom activ involv trade member state case ship repair activ carri cmr sensit sector ship repair assum trade affect potenti assumpt underli long term polici pursu regard special rule applic state aid shipbuild industri rule appli fulli ship repair subject principl shipbuild geograph posit cmr potenti competit ship repair yard itali spain commiss conclud public contribut cmr outlin part tabl constitut state aid mean articl ec treati commiss note franc fail compli oblig articl ec treati put propos measur effect commiss proceed result final decis stand claus aid consid unlaw derog articl ec treati cmr engag ship repair aid grant support activ fall scope special rule state aid applic shipbuild januari rule enshrin framework state aid shipbuild replac shipbuild regul accord commiss notic determin applic rule assess unlaw state aid unlaw state aid aid put effect contravent articl ec treati assess accord substant criteria set instrument forc time aid grant shipbuild regul applic sake complet state effect outcom compat assess substant criteria assess rescu restructur aid region aid train aid commiss appli shipbuild regul framework state aid shipbuild replac rule franc ask commiss examin financi measur compat common market directli basi articl treati argu ship repair essenti activ proper oper port size marseil commiss note firstli ship repair servic provid cmr essenti oper port principl secur port resourc resort state aid commiss authoris part aid region invest aid take account region concern involv shipbuild regul constitut specif exhaust set rule applic sector includ ship repair stand lex speciali relat treati authoris aid direct applic treati thwart object pursu establish specif restrict rule applic sector commiss assess aid directli basi treati articl shipbuild regul stipul aid grant ship repair consid compat common market compli provis regul restructur aid franc purpos aid restructur activ cmr articl shipbuild regul aid rescu restructur undertak activ shipbuild sector exception consid compat common market provid compli provis restructur guidelin specif condit set articl shipbuild regul commiss consid criteria laid restructur guidelin met elig firm restructur guidelin order elig restructur aid firm qualifi firm difficulti mean guidelin precis commun definit exist commiss firm difficulti unabl resourc fund obtain owner sharehold creditor stem loss intervent public author condemn busi short medium term point restructur guidelin difficulti manifest instanc increas loss diminish turnov grow stock inventori excess capac declin cash flow mount debt rise interest charg fall nil net asset point restructur guidelin stipul newli creat firm elig restructur aid initi posit insecur case instanc firm emerg liquid previou firm take firm asset reason exclud firm elig restructur aid base assumpt creation compani decis reflect situat market question compani creat chanc oper market word capitalis viabl ab initio compani elig restructur aid face start difficulti encount difficulti restructur guidelin difficulti paragraph link histori compani gener connect oper compani natur compani encount type difficulti compani face start loss financ invest oper cost initi cover revenu activ cost start busi activ restructur cost financ restructur aid depriv specif purpos limit scope limit scope restructur guidelin appli compani emerg bankruptci proceed compani firm asset compani case principl debt predecessor suffer difficulti restructur guidelin decis initi proceed commiss doubt cmr elig restructur aid appear newli creat compani commiss note respect franc acknowledg cmr legal entiti legal person distinct cmdr commiss take view cmr econom entiti distinct cmdr true cmr continu carri econom activ type cmdr ship repair conclud cmr econom entiti cmdr contrari commiss consid cmr asset goodwil workforc liabil relat social secur legisl takeov mark discontinu activ illustr fact takeov free debt relat activ cmr financi posit cmdr context reason case debt stai predecessor debt irrelev actual situat cmr begin oper fresh start discontinu confirm fact work progress work complet supplier paid cmdr file bankruptci conclud cmr compani matter fact franc disput conclus argu compani cmr experienc difficulti make similar exist compani difficulti takeov workforc relat social secur cost argument commiss note cmr displai sign compani difficulti mean restructur guidelin paragraph simpli face normal set cost normal start loss due infant natur activ cost launch commerci activ inevit relat histori compani cmr face type cost sharehold decid creat compani independ previou ship repair activ hypothesi inevit involv start cost purchas machineri hire train staff specif commiss consid takeov workforc condit skill pai senior social secur oblig outstand payment holidai quot asbesto departur quot legal requir french social secur legisl similar countri investor word takeov workforc condit takeov asset place cost acquir asset account set purchas price commiss note workforc cmr part asset liabil fact takeov workforc eas cmr entri market reliev firm cost relat recruit train staff franc argu cmr compani difficulti exercis type activ cmdr bound liabil impos french social secur legisl repres burden inherit cmdr final franc argu difficulti cmdr relat natur activ exercis franc note exist singl ship repair compani marseil line market clear cmr closur marin technologi travof ship repair compani sort marseil fact cmr perform ship repair activ financi difficulti requir restructur conclud commiss note cmr liabil cmdr establish continu ship repair activ cmr newli creat compani difficulti mean restructur guidelin commiss consid invest aid suit financi difficulti cmr encount commiss practic entri forc restructur guidelin compani consid year establish context commiss note cmr creat june legal bind decis grant aid issu june year period cmr compani commiss conclud cmr elig restructur aid paragraph commiss consid doubt express initi proceed aid met criteria applic restructur aid allai inform submit franc commiss conclus appli hypothesi cmr compani compani financi difficulti elig restructur aid sake complet commiss note measur deem rescu aid rule govern elig rescu aid ident restructur aid pursuant point restructur guidelin firm elig rescu aid firm difficulti mean restructur guidelin cmr elig type aid restor viabil restructur guidelin grant aid condit implement restructur plan restor long term viabil firm reason timescal basi realist assumpt futur oper condit enabl compani stand feet deriv intern measur involv abandon activ remain structur loss make restructur commiss doubt aros franc describ structur difficulti need address restructur state difficulti cmr result bankruptci cmdr commiss doubt cmr suffer difficulti busi plan suitabl restor viabil franc explain cmr difficulti due commerci polici cammel laird attempt switch ship repair compani marseil ship convers switch result loss tradit ship repair clientel illustr franc state cmdr continu carri ship repair activ albeit limit extent end oper order book complet empti commiss conclud difficulti cmr face situat relev ship repair market characteris fall demand restor credibl harm polici pursu previou oper commiss conclud busi plan franc notifi capabl restor cmr viabil reason timescal commiss consid proper instrument address type difficulti invest aid avoid undu distort competit commiss doubt cmr proceed genuin irrevers reduct capac requir subparagraph articl shipbuild regul capac reduct commensur level aid involv close capac regularli shipbuild ship repair ship convers date notif aid close capac remain close year commiss approv aid account capac reduct undertak member state capac reduct beneficiari undertak imposs undermin viabil restructur plan final level capac reduct determin basi level actual product year preced restructur franc argument capac reduct achiev closur ship repair yard marseil marin technologi travof commiss conclud accord articl shipbuild regul closur irrelev concern undertak beneficiari capac reduct undermin restructur plan case hand marin technologi travof entiti legal distinct cmr closur result event independ cmr bankruptci parent compani cammel laird franc claim capac reduct undermin busi plan cmr commiss accept argument evid capac reduct cmr factor rais relev decid avoid undu distort competit paragraph commiss observ outset restructur guidelin principl exempt sme requir aid recipi mitig advers effect aid competitor provid rule state aid sector rule exist enshrin shipbuild regul provid exempt sme similarli fact ship repair region competit cmr decis shipbuild regul presum restructur aid sector impact competit flexibl light specif market condit contrast point restructur guidelin beneficiari oblig adopt measur decreas capac extent commensur level aid involv stricter rule shipbuild justifi overcapac sector ship repair sensit sector subject rule principl shipbuild reason overcapac final commiss note workforc cmdr difficulti start person time takeov cmdr asset cmr person reduct workforc place cmdr preced grant restructur aid cmr measur mitig distort competit argument capac reduc asbesto departur recent inform januari affect worker period clear worker replac letter march basi inform commiss doubt cmr undertook genuin irrevers reduct capac commensur aid grant allai cmr elig aid compani difficulti aid compat shipbuild regul aid limit minimum restructur 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 financ market condit commiss doubt condit fulfil financi sourc privat public outweigh claim requir franc repli amount eur public privat contribut cover hand cost restructur eur part work capit requir requir relat restructur context commiss rais issu determin net grant equival loan grant cmr commiss notic method set refer discount rate stipul refer rate increas situat involv risk commiss conclud cmr difficulti necessit restructur argument franc put forward commiss disagre risk occur privat borrow provid cmr loan condit question free interest provis secur total loan repres aid total amount aid eur claim restructur eur aid amount eur privat contribut beneficiari restructur correspond eur contribut beneficiari signific contrari requir stipul restructur guidelin commiss conclud cmr compani financi difficulti elig restructur aid proportion requir met aid compat restructur guidelin restructur guidelin decis initi proceed commiss assess measur restructur guidelin adopt disput franc answer decis note articl shipbuild regul make refer commun guidelin state aid rescu restructur firm difficulti hereinaft refer restructur guidelin replac restructur guidelin commiss conclud restructur guidelin appli mention reason compani natur compani difficulti explicit restructur guidelin definit firm difficulti intend rescu restructur exist firm newli creat firm criterion quot aid limit minimum quot exist restructur guidelin met present case aid compat restructur guidelin region invest aid condit govern compat region invest aid common market laid articl shipbuild regul measur concern region refer articl articl ec treati intens aid exce ceil determin shipbuild regul measur design invest upgrad modernis exist yard object improv product exist instal fourth aid link financi restructur yard aid limit support expenditur elig guidelin nation region aid hereinaft refer region guidelin region marseil assist area articl ec treati shipbuild regul pursuant region map approv commiss intens aid region exce net expenditur elig aid express uniform set item expenditur land build plant machineri point region guidelin elig expenditur includ categori intang invest point region guidelin letter june franc invest cmr elig region aid inventori invest equip build cover oper cost expenditur inventori elig aid initi invest commiss describ tabl expenditur consid elig aid initi invest euro item amount invest equip compris transport materi vehicl comput equip equip instal build total commiss accept invest contribut achiev goal cmr busi plan paragraph upgrad modernis yard object improv product invest correspond uniform set item expenditur invest build item tabl invest plant machineri item tabl conclus total expenditur elig region invest aid amount eur eur discount base year discount rate maximum allow aid intens net case gross admiss aid amount eur commiss conclud aid cmr partial approv aid initi invest amount eur train aid commiss note expenditur cmr featur busi plan relat train aid grant entri forc commiss regul ec januari applic articl ec treati train aid hereinaft refer train aid regul train aid regul adopt commiss empow council regul ec applic articl treati establish european commun categori horizont state aid train aid regul lex posterior amend shipbuild regul provid possibl grant train aid shipbuild articl train aid regul stipul regul appli aid sector includ shipbuild train aid regul individu aid compat common market fulfil condit regul exce relev maximum allow aid intens cover cost elig articl regul franc cmr train specif train employe year cmr employe year cmr subcontractor commiss note articl train aid regul defin specif train train involv tuition directli princip applic employe present futur posit assist firm cmr employe cmr subcontractor train basi posit cmr benefit train aid grant cmr addit franc commiss guarante part aid intend train cmr subcontractor pass full subcontractor cmr vehicl aid commiss aid aid indirectli grant cmr subcontractor franc provid respons commiss queri breakdown train expenditur cmr employe employe cmr subcontractor commiss determin elig expenditur proportion total train cost claim franc amount eur proportion expenditur employe cmr repres eur commiss consid expenditur elig train aid articl train aid regul aid intens exce small medium size enterpris area qualifi region aid pursuant articl ec treati project involv specif train total amount train aid amount eur commiss conclud aid cmr partial approv train aid amount eur conclus commiss conclud franc unlawfulli implement aid amount eur breach articl ec treati basi assess aid commiss conclud restructur aid aid cmr incompat common market meet condit set shipbuild regul restructur guidelin commiss find aid part compat common market aid initi invest pursuant articl shipbuild regul train aid pursuant train aid regul differ amount grant eur compat amount eur eur eur eur recov adopt decis articl amount eur grant franc cmr eur compat common market region invest aid articl ec treati eur compat common market train aid articl ec treati eur incompat common market articl franc measur recov beneficiari aid refer articl unlawfulli made beneficiari aid amount eur recoveri effect delai accord procedur nation law provid effect execut decis sum recov includ interest date dispos cmr date recoveri interest calcul accord provis laid chapter commiss regul ec interest rate appli compound basi entir period refer paragraph franc end aid measur cancel payment outstand aid effect date decis articl franc inform commiss month notif decis measur plan compli provid inform questionnair attach annex decis articl decis address french republ brussel septemb commiss mario monti member commiss oj footnot oj oj oj oj regul amend regul ec oj oj oj except capac reduct requir longer impos condit grant restructur aid framework state aid shipbuild restructur guidelin impos requir avoid undu distort competit purpos compensatori measur respect point seq restructur guidelin respect point point framework state aid shipbuild close examin french legisl area paragraph articl labour code commiss take view legisl requir employe oj point iii oj amend guidelin nation region aid oj net grant equival nge gross grant equival gge oj regul amend regul ec oj oj oj annex inform implement commiss decis calcul amount recov provid detail amount unlaw state aid put dispos beneficiari date payment amount aid currenc ident beneficiari comment explain detail interest paid amount aid recov calcul measur plan recov aid describ detail measur plan measur effect effect recoveri aid relev legal basi measur plan date recoveri aid complet recoveri effect provid detail amount aid recov beneficiari date amount aid repaid currenc ident beneficiari attach inform document repay aid amount tabl point