Article 2
In order to ensure the compatibility of the aid with the common market, the Commission requires the Austrian authorities to undertake to guarantee that the following conditions are met: - the restructuring plan is to be carried out as submitted to the Commission. By the end of August and the end of February each year till 1999, HTM has to deliver a report on the progress of the restructuring, showing the economic development and financial results of the company and their compliance with the restructuring plan. It must also submit the annual reports of the companies of the group for the years 1995 to 1999 by the end of June of the following year at the latest, - the capacity reductions provided for in the restructuring plan are to be carried out on an irreversible basis, - the capital injection by Eliasch into HTM of ÖS 25 million is to be effected within one month of the date of this Decision, - the capital injection by Eliasch into HTM of ÖS 275 million is to be effected by 31 December 1998, - an additional contribution of fresh equity capital of at least ÖS 600 million by way of an international public offer of HTM on the capital market or by means having the same effect is to be completed by the end of 1999 at the latest, - past losses of ÖS 1 590 million may not be used for reducing taxable profits.