2003/875/EC: Commission decision of 23 December 2002 on the State aid implemented by Germany for Klausner Nordic Timber GmbH & Co. KG, Mecklenburg-Western Pomerania (notified under document number C(2002) 5378) (Text with EEA relevance)

• Articles: 3

Article 1

Decision 2002/468/EC is herewith withdrawn.

Article 2

The following aid which Germany has implemented for Klausner Nordic Timber GmbH & Co constitutes existing aid:

(a) the investment allowance of DEM 2500000 (EUR 1278229,70) for the construction of the Wismar plant;

(b) the low-interest loan of DEM 6949999,60 (EUR 3553478,52) granted under the KFW environmental programme for the extension of the Wismar plant;

(c) the investment allowance of DEM 7775095 (EUR 3975342,95) for the extension of the Wismar plant;

(d) the 80 % guarantee to secure a loan of DEM 12750000 (EUR 6518971,49) for the extension of the Wismar plant;

(e) the investment allowance of DEM 3385492 (EUR 1730974,57) for the extension of the Wismar plant.

Article 3

This Decision is addressed to the Federal Republic of Germany.

Done at Brussels, 23 December 2002.

For the Commission

Mario Monti

Member of the Commission

(1) OJ C 219, 4.8.2001, p. 3.

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

(3) [1994] ECR I-4635.

(4) OJ C 213, 23.7.1996, p. 4.

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

(6) See footnote 1.

(7) OJ L 165, 24.6.2002, p. 15.

(8) The general partner is liable with all its assets for the liabilities of a limited partnership and, under sections 161 and 164 of the Ö-HGB (Austrian Commercial Code) and of the HGB (German Commercial Code), has the right to manage and represent the partnership.

(9) The limited partner is liable only to the extent of his or her limited-partner contribution. Under section 164 of the HGB, the limited partner has no authority to manage or represent the partnership. However, the limited partner's approval is required for the general partner to conduct transactions going beyond the ordinary course of business.

(10) Commission letter of 26 January 1999 (SG(99) D/582) N 100/98; see also OJ C 80, 24.3.1999, p. 3.

(11) Investitionszulagengesetz 1996, N 494/95; Commission letter of 27 December 1995, (SG(95) D/17154).

(12) OJ C 184, 21.7.1992, p. 4 (N 627/1991).

(13) NN 109/93, SG(94) D/372 of 14 January 1994 (OJ C 373, 29.12.1994, p. 3).

(14) N 287/91, Decision of 3 July 1991.

(15) This amount comprises the KfW loan of DEM 8549999,60 (EUR 4371545,38) and part of the loan granted under the KfW environmental programme.

(16) See judgment of 14 November 1984 in Case 323/82 Intermills v Commission [1984] ECR 3809.

(17) 27th outline plan for the joint Federal Government/Länder scheme, the Investment Allowance Law and the guarantee guidelines of the Land of Mecklenburg-Western Pomerania.

(18) Aid N 613/96, approved by Commission decision of 18 December 1998.

(19) See footnote 18.

(20) http://www.knt.de/, 21 May 2001; http://www.kht.de/, 21 May 2001.

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