COMMISSION DECISION
of 16 June 2004
on the measures implemented by Spain for Siderúrgica Añón SA
(notified under document number C(2004) 1813)
(Only the Spanish text is authentic)
(Text with EEA relevance)
(2005/827/EC)
I. PROCEDURE
II. FACTS
1. The recipient
|
1999 |
2000 |
||||
|
Employees |
Turnover (EUR million) |
Balance sheet (EUR million) |
Employees |
Turnover (EUR million) |
Balance sheet (EUR million) |
Gallega de Mallas |
22 |
15,2 |
9,9 |
22 |
18,4 |
9,9 |
Hierros Añón |
NA |
18,0 |
9,8 |
20 |
22,5 |
15,4 |
Promociones Añón |
0 |
0,0 |
0,2 |
0 |
0,0 |
0,2 |
Siderúrgica Añón |
0 |
0,0 |
0,0 |
0 |
0,0 |
12,0 |
Total |
|
33,2 |
19,9 |
42 |
40,9 |
37,5 |
|
1999 |
2000 |
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|
Employees |
Turnover (EUR million) |
Balance sheet (EUR million) |
Employees |
Turnover (EUR million) |
Balance sheet (EUR million) |
Pretensados Campo |
20 |
1,99 |
1,86 |
19 |
1,52 |
2,41 |
Campo Brick |
37 |
1,12 |
12,61 |
26 |
3,93 |
13,89 |
Epifanio Campo |
26 |
6,16 |
11,92 |
27 |
12,21 |
17,69 |
Nueva Cerámica Campo |
35 |
4,20 |
6,93 |
32 |
4,34 |
6,22 |
A Ostreira |
7 |
0,17 |
0,86 |
7 |
0,26 |
0,90 |
Cerámica Campor Saez |
25 |
0,87 |
0,74 |
29 |
1,48 |
0,80 |
Siderúrgica Añón |
0 |
0,0 |
0,0 |
0 |
0,0 |
12,0 |
Total |
150 |
14,51 |
34,93 |
140 |
23,74 |
53,94 |
2. The market
Straight concrete reinforcing bars |
Community production (million tonnes) |
Community capacity (million tonnes) |
Utilisation rate (%) |
1997 |
11,8 |
19,5 |
60,2 |
1998 |
12,0 |
18,2 |
65,6 |
1999 |
12,0 |
17,6 |
68,5 |
2000 |
12,5 |
17,5 |
71,4 |
Source: Reports on investments in the Community coal and steel industries. Office for Official Publications of the European Communities. |
Coiled concrete reinforcing bars |
Community production (million tonnes) |
Community capacity (million tonnes) |
Utilisation rate (%) |
1997 |
2,0 |
2,8 |
70,6 |
1998 |
1,7 |
2,8 |
60,2 |
1999 |
2,2 |
2,8 |
77,1 |
2000 |
3,0 |
3,7 |
80,5 |
Source: Reports on investments in the Community coal and steel industries. Office for Official Publications of the European Communities. |
3. Description of the measures
4. Grounds for initiating the procedure
III. COMMENTS FROM INTERESTED PARTIES
IV. COMMENTS FROM SPAIN
V. ASSESSMENT OF THE MEASURES
1. Existence of state aid
(a) The acquisition by SODIGA of a stake in the share capital of Siderúrgica Añón
Year |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
Aid-free reimbursement schedule |
222 317 |
222 317 |
222 317 |
222 317 |
222 317 |
222 317 + 1 803 060 = 2 025 377 |
Current reimbursement schedule |
150 916 |
150 916 |
150 916 |
150 916 |
150 916 |
1 803 060 |
Aid per year |
71 401 |
71 401 |
71 401 |
71 401 |
71 401 |
222 317 |
Year |
2003 |
2004 |
2005 |
2006 |
2007 |
Aid-free reimbursement schedule |
54 766 |
54 766 |
54 766 |
54 766 |
54 766 + 495 180 = 549 946 |
Current reimbursement schedule |
41 868 |
41 868 |
41 868 |
41 868 |
495 180 |
Aid per year |
12 869 |
12 869 |
12 869 |
12 869 |
54 766 |
(b) The loan granted through INESGA
(c) The guarantee granted by IGAPE
(d) Other measures
(e) Distortion of competition and effect on trade
2. Compatibility with the common market
VI. CONCLUSION
Article 1
Article 2
Article 3
Article 4
ANNEX
Information regarding the implementation of the Commission Decision
1. CALCULATION OF THE AMOUNT TO BE RECOVERED
Concise description of the measure(1) |
Date(s) of payment(2) |
Amount of aid(3) |
Currency |
Date(s) of repayment(4) |
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2. RECOVERY MEASURES PLANNED OR ALREADY TAKEN
3. RECOVERY ALREADY EFFECTED
Concise description of the measure |
Date(s)(5) |
Amount of aid repaid |
Currency |
Date(s) of repayment(6) |
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