COMMISSION DECISION (EU) 2016/644
of 16 January 2015
on the State aid No SA 31855 (11/C, ex N 503/10) which Cyprus is planning to grant for the restructuring of the Central Slaughterhouse of Kofinos
(notified under document C(2015) 58)
(Only the Greek text is authentic)
I.
PROCEDURE
II.
DETAILED DESCRIPTION OF THE AID
II.1. TITLE
II.2. DURATION AND BUDGET
II.3. BENEFICIARY
II.4. LEGAL BASIS
II.5. DESCRIPTION OF THE MEASURE
Restructuring Measure |
Cost as of November 2010 (EUR million) |
Cost as of May 2013 (EUR million) |
Personnel Compensation |
3,5 |
3,340 |
Payment of debts towards Social Security Organisms |
4,891 |
6,140 |
Payment of debts towards Section of Internal Income |
2,361 |
3,646 |
Personnel Pension Payments and other one-off payments to staff |
4,9 |
3,340 |
Loan Repayments |
11,1 |
13,306 |
Consultancy Services |
0,1 |
|
Total |
26,852 |
29,772 |
II.6. RESTRUCTURING PLAN
II.6.1.
Market analysis
(%) |
||||||||
Animal Type |
Sheep/goats |
Cattle |
Swine |
Total(7) |
||||
Year |
2009 |
2010 |
2009 |
2010 |
2009 |
2010 |
2009 |
2010 |
Cypra Ltd |
20,39 |
22,37 |
— |
— |
63,34 |
70,40 |
50,79 |
56,79 |
Kofinou Central Slaughterhouse |
34,24 |
30,53 |
100 |
100 |
27,26 |
21,96 |
34,84 |
30,72 |
Agioi Trimithias |
18,97 |
17,15 |
— |
— |
4,74 |
2,46 |
6,71 |
4,26 |
A&A Slaughterhouses Ltd |
14,52 |
18,37 |
— |
— |
4,66 |
5,18 |
5,87 |
6,62 |
Polis Chrysochous Municipal Slaughterhouse |
11,89 |
11,58 |
— |
— |
— |
— |
1,73 |
1,61 |
No |
Name of slaughterhouse |
Daily slaughter capacity |
||
Cattle |
Swine |
Sheep/goats |
||
1 |
Kofinou Central Slaughterhouse |
200 |
3 040 |
960 |
2 |
Cypra Ltd |
104 |
1 920 |
1 200 |
3 |
A + A Slaughterhouses Ltd |
— |
1 200 |
880 |
4 |
Agioi Trimithias |
— |
700 |
700 |
5 |
Polis Chrysochous Municipal Slaughterhouse |
— |
— |
500 |
II.6.2.
Presentation of the Beneficiary
II.6.3.
Restructuring measures
II.6.3.1.
Flexibility — Change of legal status
II.6.3.2.
Reduction of the company's liabilities
II.6.3.3.
Personnel
II.6.4.
Compensatory measures
II.7. STANDSTILL OBLIGATION
II.8. ANNUAL REPORTS
III.
COMPLAINT
IV.
COMMISSION DECISION OF 20 APRIL 2011
IV.1. COMMENTS FROM CYPRUS TO COMMISSION DECISION OF 20 APRIL 2011
IV.1.1.
State tolerance for delays in the payment of amounts due
IV.1.2.
Grant of a loan of EUR 512 850 by the Municipalities Union
IV.1.3.
Alleged new aid in connection with state-backed bonds
IV.1.4.
Transfer of personnel to municipalities
IV.1.5.
Efficiency of restructuring plan measures
IV.1.6.
Efficiency of compensatory measures
IV.2. COMMENTS FROM THIRD PARTIES
IV.2.1.
Comments of complainant to Commission Decision of 20 April 2011
IV.2.2.
Comments of other interested parties to Commission Decision of 20 April 2011
IV.3. COMMENTS OF CYPRUS TO THIRD PARTY SUBMISSIONS
IV.4. ADDITIONAL INFORMATION SUBMITTED BY THE CYPRIOT AUTHORITIES
V.
ASSESSMENT OF THE AID
V.1. APPLICABILITY OF STATE AID RULES
V.2. PRESENCE OF AID
V.2.1.
State tolerance for delays in the payment of amounts due
V.2.2.
Loan of EUR 512 850
V.2.3.
Bonds with state guarantee
V.2.4.
Aid related to the transfer of personnel
V.3. COMPATIBILITY OF AID
V.3.1.
State tolerance for delays in the payment of amounts due
V.3.2.
Loan of EUR 512 850
V.3.3.
Aid to personnel
V.3.4.
Restructuring aid
V.3.4.1.
Eligibility of the beneficiary
V.3.4.2.
Restoration of long-term viability
Year |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
Production Costs |
3 029 |
3 006 |
3 083 |
3 121 |
3 196 |
3 255 |
3 403 |
Administration Costs |
451 |
458 |
466 |
476 |
485 |
495 |
504 |
Operational Income |
4 867 |
5 041 |
5 15 |
5 341 |
5 459 |
5 666 |
5 791 |
Non-Operational Sums |
3 277 |
– 1 494 |
– 1 167 |
– 1 178 |
– 1 123 |
– 962 |
– 893 |
Surplus |
4 833 |
275 |
547 |
660 |
687 |
958 |
993 |
Year |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
Production Costs |
3 369 |
3 343 |
3 429 |
3 470 |
3 555 |
3 620 |
3 686 |
Administration Costs |
457 |
463 |
472 |
481 |
491 |
500 |
510 |
Operational Income |
5 426 |
5 620 |
5 750 |
5 955 |
6 086 |
6 317 |
6 456 |
Non-Operational Sums |
3 277 |
– 1 494 |
– 1 164 |
– 1 161 |
– 1 087 |
– 925 |
– 855 |
Surplus |
5 081 |
604 |
831 |
979 |
1 091 |
1 417 |
1 577 |
Year |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
Production Costs |
2 734 |
2 710 |
2 781 |
2 813 |
2 881 |
2 932 |
2 986 |
Administration Costs |
444 |
451 |
459 |
469 |
478 |
487 |
497 |
Operational Income |
4 303 |
4 457 |
4 560 |
4 723 |
4 827 |
5 011 |
5 121 |
Non-Operational Sums |
3 277 |
– 1 494 |
– 1 279 |
– 1 332 |
– 1 322 |
– 1 205 |
– 182 |
Surplus |
4 535 |
– 82 |
147 |
215 |
254 |
497 |
568 |
Year |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
Production Costs |
3 058 |
3 151 |
3 070 |
3 117 |
3 192 |
3 248 |
3 305 |
3 363 |
Administration Costs |
604 |
470 |
468 |
478 |
486 |
496 |
504 |
514 |
Operational Income |
4 472 |
4 495 |
4 495 |
4 596 |
4 762 |
4 868 |
5 053 |
5 164 |
Non-Operational Sums |
2 303 |
– 1 253 |
– 1 107 |
– 1 078 |
– 1 068 |
– 919 |
– 764 |
– 724 |
Surplus |
3 568 |
76 |
305 |
374 |
432 |
610 |
867 |
950 |
Year |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
Production Costs |
2 981 |
3 015 |
2 918 |
2 938 |
2 993 |
3 027 |
3 072 |
3 123 |
Administration Costs |
604 |
470 |
468 |
478 |
486 |
496 |
504 |
514 |
Operational Income |
3 922 |
3 935 |
3 823 |
3 852 |
3 933 |
3 959 |
4 110 |
4 201 |
Non-Operational Sums |
2 303 |
– 1 291 |
– 1 207 |
– 1 240 |
– 1 307 |
– 1 243 |
– 1 185 |
– 1 251 |
Surplus |
3 095 |
– 386 |
– 315 |
– 340 |
– 389 |
– 334 |
– 168 |
– 194 |