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2006/260/EC: Commission Decision of 19 January 2005 on the State aid which Italy is planning to implement for Società Consortile De Tomaso srl and UAZ Europa srl, both part of the De Tomaso group (notified under document number C(2005) 40) (Text with EEA relevance)

CELEX
32006D0260
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2005-01-19
In force since
2006-04-01
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1

The state aid which Italy is planning to implement for the companies Società Consortile De Tomaso srl and UAZ Europa srl is compatible with the common market within the meaning of Article 87(1) of the Treaty, up to a maximum amount of EUR 80949501 gross grant equivalent in 2003 values (discount rate 5,06%).

Article 2

Any state aid in addition to the aid amount referred to in Article 1 that Italy plans to grant to the companies Società Consortile De Tomaso srl and UAZ Europa srl for the project under scrutiny shall be incompatible with the common market.

Article 3

This Decision is addressed to the Italian Republic.

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