2000/424/EC: Commission Decision of 16 November 1999 on aid which France is planning to grant to Cofidur to help it take over the former Gooding (ex Grundig) plant at Creutzwald (notified under document number C(1999) 4229) (Text with EEA relevance) (Only the French text is authentic)

• Articles: 3

Article 1

The aid for initial investment amounting to FRF 3,65 million (EUR 556439) and the aid for job creation, linked to that investment, in the form of an advance of FRF 2 million (EUR 302898) which France plans to grant to Cofidur is compatible with the common market pursuant to Article 87(3)(c) of the Treaty.

Article 2

The training aid in the form of an advance of FRF 3 million (EUR 457347) is compatible with the common market.

Article 3

This Decision is addressed to the French Republic.

Done at Brussels, 16 November 1999.

For the Commission

Mario Monti

Member of the Commission

(1) OJ C 283, 19.9.1997, p. 2.

(2) OJ C 179, 11.6.1998, p. 9.

(3) OJ C 198, 24.6.1998, p. 12.

(4) OJ C 181, 12.7.1991, p. 3; state aid E 1/90 - NN 120/90 - France; Funds for industrial restructuring.

(5) OJ C 364, 20.12.1994, p. 6.

(6) OJ L 107, 30.4.1996, p. 4.

(7) OJ C 31, 3.2.1979, p. 9.

(8) OJ C 74, 10.3.1998, p. 4.

(9) Panorama of EU Industry 1997, Volume 2.

(10) See previous footnote.

(11) CeBITViews 18-24 March 1999.

(12) OJ C 212, 12.8.1988, p. 2.

(13) See footnote 5.