Commission Decision (EU) 2016/632 of 9 July 2014 on the State aid No SA. 32009 (11/C) (ex 10/N) which Germany plans to grant to BMW AG for a large investment project in Leipzig (notified under document C(2014) 4531) (Only the German text is authentic)Text with EEA relevance

• CELEX: Decision (EU) 2016/632
• Articles: 3

Article 1

The State aid which Germany is planning to implement in favour of BMW AG’s investment in Leipzig, amounting to EUR 45 257 273 is compatible with the internal market only if it is limited to an amount of EUR 17 million (in prices of 2009); the exceeding amount (EUR 28 257 273) is incompatible with the internal market.

The aid may accordingly only be implemented up to the amount of EUR 17 million.

Article 2

Germany shall submit to the Commission:

—

within 2 months of granting the aid, a copy of the relevant acts concerning this aid measure,

—

within 6 months after payment of the last tranche of the aid, based on the notified payment schedule, a detailed final report.

Article 3

This Decision is addressed to the Federal Republic of Germany.