2000/250/EC: Commission Decision of 16 November 1999 on the State aid which Italy plans to grant for the creation of new shipyards at Oristano (Sardinia) and Belvedere Marittimo (Calabria) (notified under document number C(1999) 4839) (Text with EEA relevance) (Only the Italian version is authentic)

• Articles: 4

Article 1

The State aid amounting to ITL 53,4 billion which Italy plans to implement under Law No 488/92 for the construction of a new shipyard at Oristano is compatible with the common market pursuant to Article 87(2)(a) of the Treaty and Directive 90/684/EEC.

Implementation of the aid is accordingly authorised provided that the closure of the Clemna shipyard at La Spezia is definitive and irreversible.

Article 2

The State aid amounting to ITL 54,4 billion which Italy plans to implement for the construction of a new shipyard at Belvedere Marittimo is not subject to prior authorisation by the Commission pursuant to Directive 90/684/EEC, since the vessels to be built there have a gross registered tonnage of less than 100 t or, in the case of tugs, a power rating of less than 365 kW.

Article 3

The Italian Government shall transmit to the Commission each year, for a period of 10 years, a report on:

(a) the activities carried out on the site of the Clemna shipyard at La Spezia;

(b) the output of the Belvedere Marittimo shipyard.

Article 4

This Decision is addressed to the Italian Republic.

Done at Brussels, 16 November 1999.

For the Commission

Mario Monti

Member of the Commission

(1) OJ L 380, 31.12.1990, p. 27.

(2) OJ L 351, 23.12.1997, p. 18.

(3) OJ L 202, 18.7.1998, p. 1.

(4) OJ C 307, 7.10.1998, p. 8.

(5) OJ C 74, 10.3.1998, p. 9.

(6) OJ C 247, 21.7.1997, p. 3.