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Document 52007XC0607(04)

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

IO C 126, 7.6.2007, p. 16–17 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

7.6.2007   

EN

Official Journal of the European Union

C 126/16


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 126/10)

Aid No

XA 7010/07

Member State

Italy

Region

Regions of Sicily and Valle d'Aosta

Title of aid scheme or name of company receiving individual aid

Financial aid for the purchase or lease of new production machinery and tools

Legal basis

Legge 28.11.1965, n. 1329

Deliberazione del comitato agevolazioni nazionale del 21.12.2006

Annual expenditure planned or overall amount of individual aid granted to the company

Aid scheme

Annual overall amount

EUR 10 million

Guaranteed funds

Individual aid

Overall aid amount

Guaranteed funds

Maximum aid intensity

The scheme is subject to the aid ceilings laid down by Article 4 of the Regulation.

The contribution is calculated on the basis of the amount eligible for aid and is equal to the difference between:

the net proceeds of the loan at the reference rate; and

the net proceeds of the loan at the reduced rate;

applicable on the date on which the loan is granted.

The interest rate for recipient enterprises is:

zero (no interest payments, i.e. a contribution of 100 % of the reference rate) for enterprises located in Sicily;

50 % of the reference rate for enterprises located in Valle d'Aosta.

Enterprises from either Sicily or Valle d'Aosta investing in the processing and marketing of agricultural products sector may not benefit from an aid intensity higher than:

40 % of eligible costs for enterprises located in non-disadvantaged areas;

50 % of eligible costs for enterprises located in disadvantaged areas

Date of implementation

1.1.2007

Duration of scheme or individual aid award

Until the expiry date of Regulation (EC) No 70/2001 set by Article 10 of that Regulation and subsequent amendments and additions

Objective of aid

Aid to SMEs

Yes

Economic sectors concerned

The aid is intended for SMEs, with the following exceptions:

agricultural production

hunting

fisheries

dairy production

transport

The aid is also subject to specific restrictions for the following sectors:

steel

shipbuilding

processing and marketing of agricultural products

synthetic fibres

Name and address of the granting authority

Ministero dell'Economia e delle finanze

Dipartimento del Tesoro

Via XX Settembre, 97

I-00187 Roma


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