This document is an excerpt from the EUR-Lex website
Document 52007XC0815(02)
Information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 70/2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises
Information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 70/2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises
Information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 70/2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises
OJ C 190, 15.8.2007, p. 4–5
(BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
15.8.2007 |
EN |
Official Journal of the European Union |
C 190/4 |
Information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 70/2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises
(2007/C 190/03)
XA Number |
XA 7022/07 |
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Member State |
Italy |
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Region |
Piedmont |
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Title of aid scheme or name of company receiving an individual aid award |
Fondo di rotazione per la promozione e lo sviluppo della cooperazione — Foncooper — in relazione alle iniziative nella Regione Piemonte |
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Legal basis |
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Annual expenditure planned under the scheme or overall amount of individual aid granted to the company |
Aid scheme: overall annual amount of EUR 8 million |
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Maximum aid intensity |
In accordance with Regulation (EC) No 70/2001, the aid intensity may not exceed 7,5 % or 15 %, depending on the size of the business. Where the investment takes place in areas that qualify for regional aid, the aid intensity must not exceed the ceiling for regional investment aid laid down in the map approved by the Commission for each Member State by more than the percentages applicable under Article 4(3) of Regulation (EC) No 70/2001. For investment in the processing and marketing of agricultural products, the maximum aid intensity may not exceed:
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Date of implementation |
Date of submission of this summary |
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Duration of scheme or individual aid award granted |
31 December 2008 |
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Objective of the aid |
Aid to cooperative SMEs for investment projects in tangible fixed assets, to be implemented after the request for funding is submitted. Eligible expenditure (net of VAT) to purchase land and buildings, carry out building works and to purchase, modernise and restructure machinery, equipment and facilities |
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Economic sectors concerned |
All sectors eligible for aid to SMEs in accordance with Article 1 of Regulation (EC) No 70/2001, as amended by Regulation (EC) No 364/2004 and Regulation (EC) No 1857/2006 |
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Name and address of the granting authority |
Decision-making body: ‘Comitato di gestione Foncooper — Regione Piemonte’ (Foncooper Management Committee — Piedmont Region), in accordance with the agreement concluded on 26 June 2000 between the Ministry of Industry, Trade and Crafts (now the Ministry of Economic Development) and Coopercredito SpA (now Banca Nazionale del Lavoro SpA, Via Veneto 119, I-00187 Roma) and the addendums adopted on 3 May 2002 between the Piedmont Region and Coopercredito SpA (now Banca Nazionale del Lavoro SpA) and on 15 November 2005 between the Piedmont Region and Banca Nazionale del Lavoro SpA |
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Other information |
Individual finance projects may not exceed EUR 2 million or 70 % of the eligible investment. The aid granted is the difference between the repayments at market rates and the repayments at the subsidised rate applicable under the scheme |