commiss decis state aid spain plan implement favour ford españa sa notifi document number spanish text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof interest parti notic accord abovement articl submit comment procedur letter date decemb regist decemb spain notifi commiss plan grant region aid ford españa commiss request inform februari request extens deadlin repli februari spanish author submit addit inform april letter date june commiss inform spain decis initi proceed pursuant articl treati doubt compat aid common market commiss decis initi procedur publish offici journal european commun invit comment aid interest parti commiss receiv repli interest parti octob commiss carri site visit almusaf valencia bridgend unit kingdom plant novemb request inform request extens deadlin repli novemb spanish author submit addit inform januari ii detail descript aid project plan aid grant ford españa sa ford subsidiari automot group ford motor compani notifi project concern product engin quot quot produc europ cylind valv engin litr version litr diesel version develop stage focu mondeo model engin onward compani plan product engin almusaf replac product smaller hc zetec engin phase due obsolesc product concentr group bridgend unit kingdom factori capac engin engin year reduct total capac almusaf plant unit year similar reduct occur group level increas capac bridgend unit kingdom plant decreas cologn germani plant engin produc almusaf export ford plant germani sweden invest programm cover year period august august spanish author affirm technolog emploi current plant product engin reason dismantl exist product line modifi radic line product compon transform assembl line legal basi invest aid amount notifi aid take form direct invest aid grant approv scheme provid royal decre decemb amend royal decre june defin assist area commun valencia adopt pursuant law decemb royal decre decemb approv implement regul ford intend invest eur eur consid elig invest spanish author real eur take base year assum discount factor gross grant equival propos aid real eur iii comment spain juli spanish author submit comment initi proceed suppli inform januari commiss comment account comment spanish author reaffirm project mobil ford consid altern site bridgend letter januari spanish author provid addit document evid claim comment juli spanish author reaffirm project regard transform invit commiss visit almusaf plant verifi ongo transform product line thirdli spanish author affirm amount elig assist eur esp million nomin term letter januari spanish author give detail breakdown machineri concern invest amount fourthli spanish author cost benefit analysi assess case aid intens project lower relev region ceil threshold cost benefit analysi cba requir commun framework state aid motor vehicl sector framework region map lower ceil period spanish author maintain region aid ceil region valencia increas map ceil spain decreas cba need project aid intens lower region ceil spanish author argu cba present commiss intend verifi proportion aid exclus reinforc claim econom viabl altern project effect consid fifthli spanish author clear doubt express commiss cba provid notif cost equip machineri spanish author state greater distanc almusaf supplier notif minor inconveni econom impact import greater obsolesc plant almusaf reason transform exist line modern line bridgend requir radic intervent lower transform cost letter januari spanish author provid detail breakdown machin oper invest cost almusaf bridgend regard transport cost spanish author provid addit inform calcul cost ship finish engin destin assembl plant includ origin estim transport cost ford calcul cost present cba layoff cost spanish author affirm project carri almusaf spanish plant compani consid rel layoff cost studi altern locat spanish author state exchang rate analysi determin ford intern studi consid legitim cba present prove proportion propos aid demonstr econom viabil altern locat refer discount rate spanish author provid cba figur updat discount rate ford group product capac spanish author provid inform engin car includ brand premier automot group volvo iv assess aid measur notifi spain favour ford constitut state aid mean articl treati financ state state resourc constitut signific proport fund project aid liabl distort competit commun give ford advantag competitor receiv aid lastli fact major engin manufactur almusaf export european countri instal vehicl sold europ show substanti trade automobil member state articl ec treati list type aid compat treati view natur purpos aid geograph locat firm subparagraph applic plan question articl specifi form aid regard compat common market commiss note project locat region valencia qualifi assist articl maximum region ceil net grant equival larg compani aid question intend ford manufactur assembl car firm part motor vehicl industri mean framework framework specifi aid public author plan grant individu project authoris aid scheme firm oper motor vehicl industri accord articl treati notifi grant threshold reach total amount project eur million ii total gross aid project state aid aid commun instrument eur million total cost project amount aid exce notif threshold notifi propos aid ford spanish author compli requir articl treati framework commiss ensur aid grant realis project proport graviti problem intend solv test necess proportion satisfi commiss authoris state aid motor vehicl industri point framework order demonstr necess region aid aid recipi prove econom viabl altern locat project industri site exist capabl receiv invest question group undertak compel carri project sole plant absenc aid region aid authoris project geograph mobil commiss extern automot expert assess document provid spain view establish project mobil document provid letter januari prove ford conduct studi select european site product engin studi includ compar analysi cologn bridgend almusaf plant document date june valencia bridgend suitabl locat project final choic site site visit bridgend plant octob commiss verifi plant technic capabl host project offici press releas show decis produc engin valencia announc novemb region aid intend modernis rationalis gener mobil authoris motor vehicl sector transform involv radic chang product structur exist site elig region aid site visit almusaf plant octob commiss verifi consider invest machineri need changeov engin complet zetec model produc locat invest requir complet halt product zetec engin dismantl line introduct complet extens modifi machin view commiss conclud project transform mobil charact consid elig region aid aid attract invest assist region elig cost commiss note cost consid elig spanish author amount eur nomin term commun elig cost includ eur vendor tool invest eur aris spanish assist area commiss note framework elig aid defin region scheme applic assist region concern vendor tool cost consid elig aid aris assist area commiss note approv scheme legal basi measur authoris aid project satisfi condit area ceil laid spanish region map commiss conclud invest ford intend carri locat spain consid elig invest framework eur vendor tool invest consid elig cost total elig cost project amount eur nomin term eur real term accord point framework commiss ensur plan aid proport region problem intend resolv commiss requir cba aid intens project small mobil project locat assist area suffer disadvantag commiss note spanish author threshold cba requir present case aid intens region ceil spain lower map commiss note framework consist refer region ceil region invest take place nation averag region aid ceil region ceil valencia region higher region map case framework threshold cba requir aid intens commiss conclud cba submit intend primarili verifi proportion aid maximum aid intens allow invest valencia region region ceil grant equival net gross commiss analys assist extern automot expert cba present spanish author demonstr proportion aid accord rule laid framework commiss note cba present spanish author net cost handicap eur locat almusaf compar locat bridgend quot region handicap ratio quot project report cba commiss note cba spanish author exchang rate forecast ford eur gbp esp eur gbp esp eur gbp esp commiss establish practic assess cba histor rate time locat decis time locat decis verifi decis applic rate rate time notif commiss practic explain spanish author project notifi present case time decis establish novemb exchang rate time eur gbp commiss note exchang rate spanish author give euro peseta higher vi vi pound sterl year question case commiss practic commiss note exchang rate spanish author higher histor valu year predict sharp devalu pound occur recent year commiss note lower estim attribut gbp spanish author effect make cost occur altern site bridgend lower commiss practic commiss calcul exchang rate eur gbp appli oper cost region handicap almusaf locat reduc notifi eur eur elig cost cost equip machineri commiss aid extern automot expert verifi exist machin almusaf older flexibl bridgend bridgend plant adapt product engin lower degre transform exist line lower capit invest factor suffic justifi entireti differ invest cost plant respect commiss note invest cost bridgend artifici low exchang rate assumpt invest breakdown provid spanish author januari assum euro stronger respect usd stronger respect gbp novemb effect reduc euro denomin invest cost larg aris altern locat bridgend assum conserv correct exchang rate increas cost machineri equip bridgend region handicap reduc eur gge elig cost transport cost commiss note origin intern estim carri ford dollar refer currenc slight advantag unit transport cost almusaf engin averag advantag approxim eur year includ cba commiss note advantag almusaf greater exchang rate calcul time invest decis layoff cost commiss accept project redund limit product zetec engin continu commiss posit evalu extra cost deriv potenti layoff letter januari spanish author state ford consider studi altern locat commiss note cost consid increas cost carri project altern locat bridgend decreas cost disadvantag almusaf lastli commiss consid analysi question region adjust adjust authoris condit invest aggrav exist capac problem motor vehicl industri spanish author provid document show ford group capac european econom area countri central eastern europ declin engin vehicl alik accord framework project minimum impact competit intens disadvantag result cba increas percentag point light inform submit consider commiss conclud element cba present spanish author show locat almusaf suffer region handicap higher gge elig cost posit region adjust percentag point account reason conclud aid intens higher intens cba framework compat common market commiss calcul maximum aid grant ford project question gross grant equival total elig cost eur price discount factor maximum aid amount eur gross grant equival price discount factor conclus commiss find aid project question compat common market provid exce gross grant equival elig invest eur present base year discount rate maximum amount aid grant eur present addit state aid invest project question incompat common market adopt decis articl state aid spain plan implement ford españa sa project relat product engin compat common market mean articl treati maximum intens gross grant equival elig invest eur discount rate base year implement aid amount eur discount rate base year authoris articl state aid addit aid refer articl spain plan grant ford project relat product engin incompat common market articl spain inform commiss month date notif decis measur compli articl decis address kingdom spain brussel commiss mario monti member commiss oj footnot boe case approv commiss letter date septemb oj boe boe boe oj valid extend oj busi secret recit sourc eurostat