2003/261/EC: Commission decision of 27 November 2002 on the State aid implemented by Germany for Ambau Stahl- und Anlagenbau GmbH (Text with EEA relevance.) (notified under document number C(2002) 4483)

• Articles: 2

Article 1

The aid which Germany has granted to Ambau Stahl- und Anlagenbau GmbH, amounting to EUR 1,28 million, is compatible with the common market pursuant to Article 87(3)(c) of the EC Treaty.

Article 2

This Decision is addressed to the Federal Republic of Germany.

Done at Brussels, 27 November 2002.

For the Commission

Mario Monti

Member of the Commission

(1) OJ C 179, 23.6.2001, p. 6 and OJ C 105, 1.5.2002, p. 7.

(2) See footnote 1.

(3) See footnote 1.

(4) Circumstances which render the continuation of the contract unacceptable to the other party, such as serious breach of contractual obligations or impossibility of the contractually specified use of the object (Articles 545 and 569 of the civil code in the old version, now covered by Articles 542 et seq. in the new version).

(5) OJ C 368, 23.12.1994, p. 12.

(6) OJ C 288, 9.10.1999, p. 2.

(7) See Table 1.

(8) OJ L 83, 27.3.1999, p. 1.

(9) See Table 1.

(10) See Table 1.

(11) SG(97) D/6976, 12.8.1997 (C 337/97).

(12) See Table 2.

(13) SG(99) D/9273, 28.1.1999 (N 463/98).

(14) See Table 1.

(15) See Table 2.

(16) See Tables 1 and 3.

(17) See Tables 1 and 3.

(18) See Tables 2 and 3.

(19) See Tables 1 and 3.

(20) See Tables 1 and 3.

(21) New companies evolving out of the bankruptcy proceedings, thereby continuing the operation of the bankrupt business.

(22) This exemption now is explicitly laid down in footnote 10 of the 1999 Guidelines, establishing that "the only exceptions to this rule are any cases dealt with the Bundesanstalt für vereinigungsbedingte Sonderaufgaben in the context of its privatisation remit and other similar cases in the new Länder, involving companies emerging from liquidation or take-over of assets occurring up to 31 December 1999".

(23) See Tables 2 and 3.

(24) See Tables 2 and 4.

(25) See Table 4.

(26) Cases: KHK Verbindetechnik GmbH Brotterode (11,5 %), OJ L 31, 1.2.2002, p. 80; GMB Magnete Bitterfeld (12 %), OJ C 50, 17.2.1998, p. 6; Stahl- und Maschinenbau Rostock (12 %), OJ C 365, 18.12.1999, p. 9; Draiswerke (11 %), OJ L 108, 27.4.1999, p. 44.