COMMISSION DECISION
of 29 June 2011
on State aid SA.14554 (C 7/04) implemented by Germany for the Gesellschaft für Weinabsatz (Wine Marketing Company)
(notified under document C(2011) 4426)
(Only the German text is authentic)
(2012/268/EU)
I.
PROCEDURE
II.
DETAILED DESCRIPTION OF THE AID
II.1.
Title of the measure
II.2.
Legal basis
II.3.
Objective
II.4.
Public body
II.5.
Beneficiaries
II.6.
Background of the aid
(EUR) |
|
Liabilities to |
Amount |
WAK |
10 150 959 |
Financial institutions |
726 892 |
Suppliers |
218 460 |
Winegrowing enterprises and merchants |
4 355 581 |
Other |
218 263 |
Total |
15 670 155 |
II.7.
Nature and intensity of the aid
(EUR) |
|
11.11.1999 |
5 936 061,62 |
25.11.1999 |
6 868 777,04 |
1.12.1999 |
585 429,72 |
13.12.1999 |
112 110,66 |
17.12.1999 |
1 800 317,21 |
Total |
15 302 696,25 |
4th quarter 1999 |
3,28 % |
1st quarter 2000 |
3,51 % |
2nd quarter 2000 |
4,15 % |
3rd quarter 2000 |
4,80 % |
4th quarter 2000 |
5,15 % |
2001 |
4,55 %-5,25 % |
II.8.
Duration of measure
II.9.
Reasons for initiating the formal investigation procedure
III.
COMPLAINTS AND INFORMATION FROM THIRD PARTIES
IV.
COMMENTS FROM INTERESTED PARTIES
V.
COMMENTS FROM GERMANY
V.1.
Aid element at time of granting of the loan
|
Volume |
Price/litre (EUR) |
Distillation |
40 % |
0,50-0,55 |
EU subsidy for stocking of wine/must (1 year): EUR 0,06/l and subsequent sale as raw wine for sparkling wine |
20 % |
0,435 |
Sale as raw wine for sparkling wine |
40 % |
0,375 |
|
Price/litre (EUR) |
Purchase price and processing |
0.37-0,38 |
Income from sale as raw wine for sparkling wine, distillation, stocking subsidies |
0,44-0,46 |
Expected profit |
0,06-0,09 |