2003/439/EC: Commission Decision of 13 November 2002 on the State aid which Germany is planning to implement for Capro Schwedt GmbH (notified under document number C(2002) 4364) (Text with EEA relevance)
The aid which Germany is planning to implement for Capro Schwedt GmbH, amounting to EUR 92,71 (aid intensity: 28 %), is incompatible with the common market in so far as it exceeds the maximum allowable aid intensity for the project of 21 %.
The aid may accordingly not be implemented above the aid intensity of 21 %.
The payments, with the exception of the final payment, shall be made on the basis of an aid intensity of 18,375 %.
The final payment on the basis of an aid intensity of 21 % may be made only when Capro Schwedt GmbH has demonstrated to the Commission that 528 jobs have been created by the project and after the Commission has agreed to payment of the last instalment.
Germany 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 Federal Republic of Germany.
Done at Brussels, 13 November 2002.
For the Commission
Mario Monti
Member of the Commission
(1) OJ C 63, 12.3.2002, p. 18
(2) OJ C 107, 7.4.1998, p. 7.
(3) See footnote 1.
(4) 28. Rahmenplan der Gemeinschaftsaufgabe "Verbesserung der regionalen Wirtschaftsstruktur".
(5) Investitionszulagengesetz 1999, C 72/98 (ex N 702/97), SG (98) D/12438 of 30.12.1998 and SC (2001) D/286551 of 2.3.2001.
(6) Granted on the basis of an approved scheme (BundesbΓΌrgschaftsprogramm, N 297/91).
(7) Investitionszulagengesetz 1999 (InvZulG 1999).
(8) Data from CEH Marketing Research Report "Caprolactam", Chemical Economics Handbook.
(9) Data from CEH Marketing Research Report "Caprolactam", Chemical Economics Handbook.
(10) OJ C 340, 27.11.1999, p. 8.
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