COMMISSION DECISION
of 10 July 2007
on State aid C 20/06 (ex NN 30/06) implemented by Slovenia for Novoles Lesna Industrija Straža d.d.
(notified under document number C(2007) 3223)
(Only the Slovenian version is authentic)
(Text with EEA relevance)
(2008/90/EC)
I. PROCEDURE
II. DETAILED DESCRIPTION OF THE AID
1. The beneficiary
2. Financial situation of the beneficiary
Indicator |
1999 |
2000 |
2001 |
2002 |
2003 |
Net sales revenue |
6 341 790 |
6 507 932 |
6 602 106 |
8 093 436 |
6 014 466 |
Inventories |
880 544 |
936 471 |
1 113 218 |
955 305 |
1 279 940 |
Claims |
930 585 |
1 053 433 |
1 218 067 |
1 676 595 |
1 133 643 |
Profit (Loss) |
78 809 |
109 884 |
128 843 |
110 215 |
(511 149) |
Debt ratio |
42,1 |
44,7 |
47,2 |
50,2 |
57,6 |
3. Restructuring programme
4. Costs and financing of restructuring
Financing required (in SIT 000) |
Own funds |
Subsidies |
Guarantee |
Total |
Financial restructuring |
369 000(6) |
|
1 100 000 |
1 469 000 |
Marketing and development restructuring |
675 000 |
|
|
675 000 |
Technological restructuring |
1 456 000 |
|
200 000 |
1 656 000 |
Personnel restructuring |
253 988 |
282 771 |
|
536 759 |
Total |
2 384 988 |
282 771 |
1 300 000 |
4 337 699 |
5. Market situation and compensatory measures
Product |
2003 market share |
2005 market share |
Plywood(7) |
0,14 % |
0,13 % |
Chairs and parts(8) |
0,07 % |
0,04 % |
Furniture and parts(9) |
0,08 % |
0,05 % |
Average |
0,09 % |
0,06 % |