This document is an excerpt from the EUR-Lex website
Document 52005XC1029(04)
Information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 70/2001 of 12 January 2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises, as amended by Commission Regulation (EC) No 364/2004 of 25 February 2004 (Text with EEA relevance)
Information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 70/2001 of 12 January 2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises, as amended by Commission Regulation (EC) No 364/2004 of 25 February 2004 (Text with EEA relevance)
Information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 70/2001 of 12 January 2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises, as amended by Commission Regulation (EC) No 364/2004 of 25 February 2004 (Text with EEA relevance)
OB C 270, 29.10.2005, p. 13–14
(ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, SK, SL, FI, SV)
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29.10.2005 |
EN |
Official Journal of the European Union |
C 270/13 |
Information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 70/2001 of 12 January 2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises, as amended by Commission Regulation (EC) No 364/2004 of 25 February 2004
(2005/C 270/07)
(Text with EEA relevance)
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Aid No |
XS 71/04 |
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Member State |
Latvia |
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Region |
Latvia |
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Title of aid scheme or name of company receiving individual aid |
Promotion of the conversion and development of rural areas |
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Legal basis |
Vienotā programmdokumenta Programmas papildinājuma 4.1. apakšprioritātes ‘Lauksaimniecības un lauku attīstības veicināšana’ 4.1.4. pasākums: Lauku teritoriju pārveidošanās un attīstības veicināšana |
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Annual expenditure planned or overall amount of individual aid granted to the company |
Aid scheme |
Annual overall amount |
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2004 |
EUR 20 681 355 |
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2005 |
EUR 29 031 429 |
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2006 |
EUR 30 573 281 |
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Loans guaranteed |
n.a. |
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Individual aid |
Overall aid amount |
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Loans guaranteed |
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Maximum aid intensity |
In conformity with Articles 4(2)-(6) and 5 of the Regulation |
Yes X |
No |
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The amount of public aid may not exceed 50 % of the total eligible investment expenditure. If the total eligible expenditure called for by the investment in undertakings provided for in the project does not exceed EUR 540 000 for one aid recipient in the period from 2004 to 2006, the public financing will be 50 % of that total. The financing breaks down as follows: European Union, 35 %; Republic of Latvia, 15 %; and private, 50 %. The eligible expenditure corresponds to the initial investment defined in Regulation (EC) No 70/2001, as amended: investment in land, buildings, machinery and equipment |
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Date of implementation |
30.4.2004 |
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Duration of scheme or individual aid award |
31.12.2006; the financial resources may be utilised until 31.12.2008, in accordance with the EU structural fund procedures. |
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Objective of aid |
Aid to SMEs |
Yes X |
No |
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Economic sectors concerned |
All sectors eligible for aid to SMEs |
No |
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Limited to specific sectors |
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or |
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Steel |
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Shipbuilding |
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Synthetic fibres |
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Motor vehicles |
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Other manufacturing |
X |
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or |
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Transport services |
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Financial services |
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Other services |
X |
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The sectors qualifying are defined in accordance with Article 33 of Council Regulation (EC) No 1257/1999 of 17 May 1999:
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Name and address of the granting authority |
Name: Lauku atbalsta dienests [Rural Assistance Department] |
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Address: Republikas laukums 2, Riga, LV-1981 |
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Large individual aid grants |
In conformity with Article 6 of the Regulation |
Yes X |
No |
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