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2009/697/EC: Commission Decision of 17 June 2009 on the State aid C 21/08 (ex N 864/06) which Germany is planning to implement in favour of Sovello AG (formerly EverQ GmbH) (notified under document C(2009) 4516) (Text with EEA relevance)

CELEX
32009D0697
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2009-06-17
In force since
2009-09-09
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1

1 The regional aid intensity which the Federal Republic of Germany is planning to apply if the conditions for the application of the cohesion bonus are fulfilled, amounting to maximum 23,8224 % GGE of the incurred eligible costs of EUR 114882310 in discounted value, and the corresponding regional aid of an amount of EUR 27367723 in discounted value, in favour of Sovello AG, are compatible with the common market if a Commission decision authorising ERDF co-financing of an amount of, or exceeding, 25 % of the public expenditure for the project is adopted.

2 The regional aid intensity which the Federal Republic of Germany is planning to apply if the conditions for the application of the cohesion bonus are not fulfilled, amounting to maximum 22,46 % GGE of the incurred eligible costs of EUR 114882310 in discounted value, and the corresponding regional aid of an amount of EUR 25802567 in discounted value, in favour of Sovello AG, are compatible with the common market.

Article 2

1 Accordingly, in case a positive Commission decision authorising ERDF co-financing is taken, the aid including cohesion bonus amounting to maximum 23,8224 % GGE of the incurred eligible costs for Sovello2, corresponding to an aid amount of EUR 27367723 in discounted value, may be implemented.

2 In case no positive Commission decision authorising co-financing from ERDF will take place, the aid without cohesion bonus amounting to maximum 22,46 % GGE of the incurred eligible costs for Sovello2, corresponding to an aid amount of EUR 25802567 in discounted value, may be implemented.

Article 3

This Decision is addressed to the Federal Republic of Germany.

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