2003/147/EC: Commission Decision of 16 October 2002 on the State aid implemented by Portugal for Opel Portugal Comércio e Indústria de Veículos (Text with EEA relevance) (notified under document number C(2002) 3742)
The State aid which Portugal is planning to implement for Opel Portugal Comércio e Indústria de Veículos in respect of the project relating to the production of the Corsa Combo passenger and commercial vehicle is compatible with the common market within the meaning of Article 87 of the Treaty:
- as regards the training aid, up to a maximum of EUR 2977389, of which EUR 2068057 corresponds to an aid intensity of 55 % of EUR 3760104 of eligible costs for general training and EUR 909332 to an aid intensity of 30 % of EUR 3031108 of eligible costs for specific training;
- as regards the regional aid, for the amount of EUR 35297017 gross grant equivalent at present values, with a base year of 1998 and a discount rate of 6,42 % (EUR 38333000 gross grant equivalent in nominal terms). This amount corresponds to an aid intensity of 32,5 % of the eligible investment of EUR 108701829 at present values (EUR 124299613 in nominal terms).
Any State aid in addition to that referred to in Article 1 that Portugal plans to grant to Opel Portugal Comércio e Indústria de Veículos for the project relating to the production of the Opel Corsa Combo model shall be incompatible with the common market.
Portugal shall inform the Commission, within two months of notification of this Decision, of the measures taken to comply with it.
This Decision is addressed to the Portuguese Republic.
Done at Brussels, 16 October 2002.
For the Commission
Mario Monti
Member of the Commission
(1) OJ C 151, 25.6.2002, p. 2.
(2) See footnote 1.
(3) OJ L 10, 13.1.2001, p. 20.
(4) See footnote 1.
(5) Approved by Commission Decision of 29 March 1994 in Case N 1/94.
(6) Approved by Commission Decision of 8 September 1999 in Case N 97/99.
(7) See footnote 1.
(8) OJ C 72, 10.3.1994, p. 3.
(9) OJ C 279, 15.9.1997.
(10) OJ L 10, 13.1.2001, p. 20.
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.
