restructuring of State enterprises | to restructure State-owned companies

Atlantic Fisheries Restructuring Act [ An Act to authorize investment in and the provision of financial assistance to the Atlantic Fisheries for the purpose of restructuring fishery enterprises ]

Enterprise Restructuring Agency | ERA [Abbr.]

Sub-Committee on Restructuring of Atlantic Fish Processing Companies

Company nurse

industrial restructuring [ industrial change | restructuring plan | Enterprise restructuring(ECLAS) | Industrial adaptation(ECLAS) ]

European Joint Undertaking [ ARTEMIS Joint Undertaking | BBI Joint Undertaking | Bio-based Industries Joint Undertaking | Clean Sky Joint Undertaking | ECSEL Joint Undertaking | ENIAC Joint Undertaking | FCH Joint Undertaking | FCH JU | Fuel Cells and Hydrogen Joint Undertaking | Fusion for Energy Joint Undertaking | IMI Joint Undertaking | S2R Joint Undertaking | S2R JU | SESAR Joint Undertaking | Shift2Rail Joint Undertaking ]

type of business [ firm | Legal form of organization(STW) | business enterprises(UNBIS) | corporations(UNBIS) ]

Under EU State aid rules, companies in difficulty may receive State aid only under certain strict conditions, set out in the applicable Commission Guidelines on State aid for the rescue and restructuring of companies (now the 2014 Rescue and Restructuring Aid Guidelines (see full text here), and previously the 2004 Rescue and Restructuring Aid Guidelines (see full text here)).

OJ C 244, 1.10.2004, p. 2. The period of validity of those guidelines, originally to expire on 9 October 2009, was extended first until 9 October 2012 (Commission Communication concerning the prolongation of the Community Guidelines on State aid for rescuing and restructuring firms in difficulty (OJ C 156, 9.7.2009, p. 3)), and then a second time (Commission Communication concerning the prolongation of the Community Guidelines on State aid for rescuing and restructuring firms in difficulty of 1 October 2004 (OJ C 296, 2.10.2012, p. 3) ...[+++]), until they were replaced by new rules applied since 1 August 2014 (Communication from the Commission — Guidelines on State aid for rescuing and restructuring non-financial undertakings in difficulty (OJ C 249, 31.7.2014, p. 1)).

36. Expresses doubts also about the ineligibility for regional aid of ‘firms in difficulties within the meaning of the Community guidelines on State aid for rescuing and restructuring firms in difficulty’ (paragraph 11 of the draft guidelines); believes that companies undergoing restructuring should not be exposed to more stringent measures, especially when a priori negative assessment of aid requests from these companies might lead to relocation outside the EU; points out that responsible company restructuring in today’s uncertain and constantly changing business environment is the main measure to provide the long-term sustainability ...[+++]of investment, jobs and growth; notes that the proposed rule as drafted is not only inconsistent with helping firms affected by the economic crisis in assisted regions but also impossible to implement, given that those guidelines explicitly contain no precise definition of firms in difficulty; recalls its resolution of 15 January 2013 with recommendations to the Commission on information and consultation of workers, anticipation and management of restructuring calling for a legal act on those matters, and requests that the Commission acts without delay;

16. Expresses doubts also about the ineligibility for regional aid of ‘firms in difficulties within the meaning of the Community guidelines on State aid for rescuing and restructuring firms in difficulty’ (paragraph 11 of the draft guidelines); believes that companies undergoing restructuring should not be exposed to more stringent measures, especially when a priori negative assessment of aid requests from these companies might lead to the relocation outside the EU; points out that responsible company restructuring in today’s uncertain and constantly changing business environment is the main measure to provide the long term sustainabil ...[+++]ity of investment, jobs and growth; notes that the proposed rule as drafted is not only inconsistent with helping firms affected by the economic crisis in assisted regions but also impossible to implement, given that those guidelines explicitly contain no precise definition of firms in difficulty; recalls its resolution of 15 January 2013 calling for a legal act on information and consultation of workers, anticipation and management of restructuring, and requests that the Commission acts without delay;