2008/145/EC: Commission Decision of 12 September 2007 on State aid C 54/2006 (ex N 276/2006) planned by Poland for Bison Bial SA (notified under document number C(2007) 4145) (Text with EEA relevance)

• Articles: 4

Article 1

The aid measures to the amount of PLN 31,43 million notified by Poland for Bison Bial are compatible with the common market, subject to the obligations and conditions set out in Article 2.

Article 2

1.   The restructuring period shall be extended until end-2010 and the restructuring plan shall be implemented in full.

2.   The site at ulica […] shall be sold by end-2010.

3.   Investments of at least PLN 41,61 million shall be implemented by the end of the restructuring period, i.e. end-2010.

4.   The production division in […] shall be sold by end-2009 to a buyer independent of BB. The Polish authorities shall ensure that, prior to the sale, the business activity of the production division in […] is properly run, that it is provided with the means to enable its normal development and that no measures are taken by the beneficiary that would intentionally diminish its value, e.g. transfer of intangible assets, staff, customers or sales capacity to other parts of Bison Bial.

Article 3

The Polish authorities shall submit half-yearly progress reports on the restructuring process.

Article 4

This Decision is addressed to the Republic of Poland.