2001/102/EC: Commission Decision of 19 July 2000 on State aid granted by Austria to Lenzing Lyocell GmbH & Co KG (Text with EEA relevance) (notified under document number C(2000) 2454)

• Articles: 4

Article 1

The aid which Austria has granted to Lenzing Lyocell GmbH & Co KG (LLG), Heiligenkreuz, through the provision of guarantees amounting to EUR 35,80 million (a guarantee by a consortium of commercial and public-sector banks amounting to EUR 21,8 million and three guarantees by the Wirtschaftspark Heiligenkreuz Servicegesellschaft mbH (WHS) amounting to EUR 1,4 million, EUR 10,35 million and EUR 2,25 million) and through a land price of EUR 4,4 per m2 for the acquisition of 120 hectares of industrial land, through fixed-price guarantees by the Province of Burgenland for the provision of process utilities and through the provision of aid of an unknown amount in the form of the creation of company-specific infrastructure does not constitute aid within the meaning of Article 87(1) of the EC Treaty.

Article 2

The aid which Austria has granted to LLG through the provision of a guarantee amounting to EUR 14,5 million by WiBAG complies with the guarantee guidelines approved by the Commission under number N 542/95.

The environmental aid amounting to EUR 5,37 million complies with the environmental aid guidelines approved by the Commission under number N 93/148.

Article 3

The individual aid which Austria has granted in the form of aid amounting to EUR 0,4 million for land acquisition and in the form of equity capital amounting to EUR 21,8 million is compatible with the common market.

Article 4

This Decision is addressed to the Republic of Austria.

Done at Brussels, 19 July 2000.

For the Commission

Philippe Busquin

Member of the Commission

(1) OJ C 9, 13.1.1999, p. 6.

(2) In July 1998 Courtaulds plc became part of Akzo Nobel, an international pharmaceuticals, coatings, chemicals and fibres company based in the Netherlands.

(3) See footnote 1.

(4) Bundesgesetzblatt No 185/1993.

(5) OJ C 253, 4.9.1999, p. 4.

(6) Notified under N 542/95: Richtlinie betreffend die Ubernahme von Burgschaften fair Kredite and Darlehen gemäß dem Gesetz vom 24. März 1994, Landesgesetzblatt No 33/1994, über Maßnahmen zur Gewährleistung der wirtschaftlichen Entwicklung im Burgenland, Landes-Wirtschaftsförderungsgesetz 1994-WiföG.

(7) See footnote 6.

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

(9) OJ C 265, 22.8.1998, p. 28.

(10) See Commission notice on the method for setting the reference and discount rates (OJ C 273, 9.9.1997, p. 3).