The State aid that Italy plans to grant to Fiat Auto SpA for the plant at Piedimonte San Germano (Cassino), up to a maximum of ITL 23,6 billion, discounted at the rate of 14 % (base year 1993), is compatible with the common market under Article 87(3)(c) of the Treaty.
The aid is accordingly authorised.
Italy shall present, in June each year until the project is completed, a report on the state of progress and financial implementation of the project and general compliance with the conditions set out in the notification of the aid in question.
This Decision is addressed to the Italian Republic.
Done at Brussels, 8 July 1999.
For the Commission
Karel van Miert
Member of the Commission
(1) OJ C 113, 24.4.1999.
(2) Four of these measures related to motor vehicle production: Cassino-Piedimonte San Germano, Mirafiori Carrozzeria (C 5/99, ex N 728/97), Pomigliano (C 4/99, ex N 727/97) and Rivalta (C 8/99, ex N 834/97); while two concerned enginge production: Termoli (C 7/99, ex N 730/97) and Mirafiori Meccanica (C 9/99, ex N 838/97).
(3) See footnote 1.
(4) Italian Official Gazette No 299 of 21 December 1992.
(5) Cassino, Mirafiori Carrozzeria, Pomigliano and Rivalta.
(6) The markets of central Europe (Germany, France, Belgium and the Netherlands) and eastern Europe.
(7) The number of cars produced per day in Poland would in fact have been 374, because more days are worked there than in Italy: when spread over a year, the production of 374 cars per day for 246 working days is equivalent to the production of 400 cars per day for 230 working days.
(8) OJ C 123, 18.5.1989, p. 3 and OJ C 279, 15.9.1997, p. 1.
(9) Italian Official Gazette No 292 of 15 December 1995.
(10) OJ C 284, 28.10.1995, p. 3.
(11) OJ C 70, 6.3.1998, p. 7.
(12) OJ C 409, 30.12.1998, p. 7 and OJ C 384, 12.12.1998, p. 20.
(13) OJ C 240, 31.7.1998, p. 3.
(14) OJ C 74, 10.3.1998, p. 9.
(15) OJ L 308, 29.11.1996, p. 46.
(16) Case C 45/91 (ex N 255/91).
(17) The letter setting out details of the investment project at Cassino (recital 17) seems to refer mistakenly to Arese as a comparator site.