Article 1
The State aid which Spain has implemented for the benefit of Porcelanas Principado is compatible with the common market in accordance with Article 87(3)(c) of the EC Treaty.
2004/32/EC: Commission Decision of 2 April 2003 on the State aid granted by Spain to Porcelanas del Principado SL (notified under document number C(2003) 907) (Text with EEA relevance)
2004/32/EC: Commission Decision of 2 April 2003 on the State aid granted by Spain to Porcelanas del Principado SL (notified under document number C(2003) 907) (Text with EEA relevance)
Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β
Article 2
This Decision is addressed to the Kingdom of Spain. Done at Brussels, 2 April 2003. For the Commission Mario Monti Member of the Commission (1) OJ C 336, 30.11.2001, p. 2; OJ C 239, 4.10.2002, p. 4. (2) OJ C 336, 30.11.2001, p. 2. (3) OJ C 239, 4.10.2002, p. 4. (4) 12-month Euribor (15 January 2001) + 0,5 %. (5) Case N 75/2000. Decision of 3 May 2000 (OJ C 293, 14.10.2000, p. 7). (6) Confidential information. (7) Data extracted from the website of Cerame-Unie (http://www.cerameunie.org). (8) Panorama of EU Industry 1997, 9-20; NACE (Revision 1). See also Commission decision in Case C 35/97, Triptis Porzellan GmbH (OJ C 52, 27.2.1999). (9) http://www.cerameunie.org/industry.htm. (10) OJ C 288, 9.10.1999. (11) See footnote 5. (12) See footnote 9. (13) The remaining shares are distributed between public and private institutions. (14) See http://europa.eu.int/comm/competition/state_aid/others/reference_rates.html. (15) Bulletin EC 9-1984. (16) "Bancaja is a non-profit financial entity that combines the social spirit of the savings banks with the management criteria of a commercial bank." http://bancaja.es/grupo/queesentidad.asp?menu=15. (17) See the judgment of the Court of Justice in Case C-82/99 France v Commission [2002] ECR I-4397, paragraph 55. (18) The reference rate for the year 2001 was 6,33 %. However this is based on a five-year interswap bank rate, and is hence a fixed rate. (19) "The Institute for Energy Saving and Diversification, IDAE, is a public corporation attached to the Ministry of Economic Affairs through the State Secretariat for Energy, Industrial Development and Small and Medium-sized Enterprises", http://www.idae.es/home/home.asp. (20) "From an operational point of view, the corporate development instruments for which the regional Ministry for Industry, Commerce and Tourism is responsible (Instituto de fomento regional, Servicio de asesoramiento y promocion empresarial, Sociedad regional de promociΓ³n del Principado de Asturias, SA, Asturgar, SGR are functionally integrated under a single directorate (that of the Director General of the Instituto de Fomento Regional)." http://www.idepa.es/ifr/documentos.asp?doc=111. (21) See the Commission decision in Case C 95/2001 (OJ C 33, 6.2.2002, p. 9), in particular paragraph 21. (22) "Their cost as a function of the amount of the quarter and its interest rates (financial, technical, etc.) is very low as a result of the subsidies from the autonomous community; in many cases, it is virtually nil." http://www.idepa.es/ifr/documentos.asp?doc=111. (23) "To support these projects that are considered technically and economically viable, Asturgar's role as a mutual guarantee company (SER) will be strengthened and its resources increased so that it can assume new business risks." http://tematico2.princast.es/trempfor/trabajo/inferior/pacto/promo.htm. (24) OJ C 71, 11.3.2000, p. 14, point 3.2 (25) Judgment of the Court of Justice in Case C-342/96 Spain v Commission [1999] ECR I-2459, paragraph 58. (26) OJ L 83, 27.3.1999, p. 1. (27) See footnote 5. (28) "Empresas en crisis" in the Spanish version. (29) See footnote 9. (30) Commission Recommendation 96/280/EC of 3 April 1996 concerning the definition of small and medium-sized enterprises, OJ L 107, 30.4.1996, p. 4.
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