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1999/589/EC: Commission Decision of 22 December 1998 on aid granted by the Republic of Austria to Ergee Textilwerk GmbH (notified under document number C(1998) 4568) (Only the German text is authentic) (Text with EEA relevance)

1999/589/EC: Commission Decision of 22 December 1998 on aid granted by the Republic of Austria to Ergee Textilwerk GmbH (notified under document number C(1998) 4568) (Only the German text is authentic) (Text with EEA relevance)

Decision Β· 4 articles

Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β†—

Article 1

The State aid which Austria wishes to grant the Ergee Textilwerk GmbH, Schrems, in the form of a waiver of interest on and repayment of a State loan of ATS 42 million (ECU 3,0 million) and of a new State loan of ATS 40 million (ECU 2,9 million), is compatible with the common market. The State aid which Austria wishes to grant the Ergee Textilwerk GmbH, Schrems, in the form of a guarantee of up to ATS 90 million (ECU 6,5 million), free of charge, is not compatible with the common market. This aid must not therefore be granted.

Article 2

Austria shall submit detailed annual reports in order to prove that the restructuring plan is being properly implemented.

Article 3

Austria shall inform the Commission within two months of notification of this Decision of the measures it has taken to comply with it.

Article 4

This Decision is addressed to the Republic of Austria. Done at Brussels, 22 December 1998. For the Commission Karel VAN MIERT Member of the Commission (1) OJ C 70, 6.3.1998, p. 8. (2) [1994] ECR I p. 1173. (3) OJ C 298, 26.9.1998, p. 2. (4) OJ C 199, 11.5.1994, p. 7. (5) OJ L 107, 30.4.1996, p. 4. (6) Bull. EC 9-1984. (7) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (8) OJ C 368, 23.12.1994, p. 12. (9) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (10) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (11) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (12) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (13) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (14) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (15) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (16) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (17) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. (18) Carried out by the magazine "TV HΓΆren und Sehen", March 1995. (19) Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.

Source: EUR-Lex (Publications Office of the EU), Β© European Union, reuse permitted under Commission Decision 2011/833/EU.

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