COMMISSION DECISION
of 20 April 2004
on the measure implemented by France for Société de Réparation Navale et Industrielle SA (SORENI)
(notified under document number C(2004) 1362)
(Only the French version is authentic)
(Text with EEA relevance)
(2005/90/EC)
I. PROCEDURE
II. DETAILED DESCRIPTION
A. The undertaking concerned
B. The business plan of the new firm
(EUR) |
|
Item |
Amount |
Part 1: Investments and renewals |
|
Renewal of plant (2002) |
[…](4) |
Renewal of offices/buildings (2002) |
[…] |
Cleaning of courtyard/plant |
[…] |
Movable investments 2002: |
|
Vehicles |
[…] |
IT |
[…] |
Tools |
[…] |
Movable investments 2002-04: |
|
Installation of shot blasting/steel plate processing facility |
[…] |
Lorry |
[…] |
Miscellaneous portable mechanical tools |
[…] |
Subtotal 1 |
[…] |
Part 2: Commercial reorganisation |
|
Recruitment 2002-04 |
|
2 managers |
|
1 assistant manager |
|
3 engineers |
|
4 production managers |
|
Total salaries and charges |
[…] |
Marketing costs — until end-2002 |
|
Brochures/logo, mailing shots, agent network, visits to clients |
[…] |
Costs 2003-05 |
|
Acquisition of new licences |
[…] |
Training of staff at SORENI’s licensors |
[…] |
Visit by commercial and international agents |
[…] |
Revision and extension of agent contracts to 3 years |
[…] |
Subtotal 2 |
[…] |
Part 3: Reorganisation of production |
|
Organisation and computerisation 2002-03 |
[…] |
Acquisition of software specific to ship-repair 2003-04 |
[…] |
Training: 37 450 training hours/3 years |
[…] |
Subtotal 3 |
[…] |
Part 4: Salaries and other charges |
|
Salaries corresponding to existing contracts for 3 months after the takeover |
[…] |
Costs of asbestos-related redundancies incurred before the takeover |
[…] |
Subtotal 4 |
[…] |
TOTAL (Subtotals 1+2+3+4) |
6 495 164 |
C. The financial measures
(EUR) |
|||
Source |
Amount |
||
1. Public |
|||
French State |
3 430 000 |
||
Haute-Normandie Regional Council |
380 000 |
||
Seine-Maritime General Council |
380 000 |
||
City of Le Havre |
380 000 |
||
Subtotal 1 |
4 570 000 |
||
2. Private |
|||
SORENI shareholders |
|
||
|
462 000 |
||
|
1 300 000 |
||
Subtotal 2 |
1 762 000 |
||
TOTAL (Subtotals 1+2) |
6 332 000 |
D. Market information
E. The decision to initiate the procedure under Article 88(2) of the EC Treaty
III. COMMENTS FROM INTERESTED PARTIES
IV. COMMENTS FROM FRANCE
Year |
Turnover (EUR m) |
Annual increase (%) |
Costs (EUR m) |
Annual increase (%) |
2001 |
[…] |
|
|
|
2002 |
[…] |
[…] |
[…] |
|
2003 |
[…] |
[…] |
[…] |
[…] |
2004 |
[…] |
[…] |
[…] |
[…] |
2005 |
[…] |
[…] |
[…] |
[…] |
2006 |
|
|
[…] |
[…] |
V. ASSESSMENT
A. State aid
B. Derogation under the Treaty
1. Restructuring aid
1.1. Eligibility of the firm
1.2. Restoration of viability
1.3. Aid limited to the minimum
1.4. 1994 restructuring guidelines
2. Regional investment aid
(EUR) |
|||
Item |
Amount |
||
Buildings: |
|||
|
[…] |
||
|
[…] |
||
Machinery: |
|||
2002: |
|||
|
[…] |
||
|
[…] |
||
|
[…] |
||
2002-04: |
|||
|
[…] |
||
|
[…] |
||
|
[…] |
||
Intangible investment: |
|||
|
[…] |
||
|
[…] |
||
TOTAL |
1 550 000 |
3. Training aid
(EUR) |
|
Item |
Amount |
Training: 37 450 training hours/3 years |
600 000 |
Training of staff at SORENI’s licensors |
100 000 |
TOTAL |
700 000 |
4. Direct application of Article 87(3) (c) of the Treaty
VI. CONCLUSION
Article 1
Article 2
Article 3
Article 4
ANNEX
Information regarding the implementation of the Commission Decision of 20 April 2004
1. Calculation of the amount to be recovered
Date(s)(1) |
Amount of aid(2) |
Currency |
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2. Measures planned and already taken to recover the aid
3. Recovery already effected
Date(s)(1) |
Amount of aids repaid |
Currency |
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