The European Commission declares incompatible aid measures granted to a German producer of phosphoric acid and phosphates (Chemische Werke Piesteritz)

"Restructuring aid in favour of Chemische Werke Piesteritz GmbH"* On 2 March 2005 the European Commission terminated a three year long investigation into aid measures granted to Chemische Werke Piesteritz (CWP), an eastern German producer of phosphoric acid and phosphates. The Commission concluded that an amount of € 6.7 million provided in 1997 and 1998 constituted incompatible State aid and ordered its recovery. In total, the Commission examined aid measures of EUR 19.2 million granted to CWP at the time of privatisation in 1994 and for its restructuring in 1997 and 1998. The Commission decision is a follow-up of a judgement of the Court of First Instance of 2001 by which the Court annulled the initial Commission decision of 1997 to approve the aid. The Court procedure was

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  • European Commission - DG MOVE (Brussels)

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Sabine Crome, The European Commission declares incompatible aid measures granted to a German producer of phosphoric acid and phosphates (Chemische Werke Piesteritz), 2 March 2005, e-Competitions March 2005, Art. N° 36852

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