ANNOUNCED AS TEMPORARYNo
Bailout (capital injection or equity participation)
On 4 August 2011, Poland notified the European Commission about its intention to support the state-owned 'Fabryka Form Metalowych FORMET S.A.'. The restructuring aid amounts for EUR 0.5 million. (para. 25)
The company exists for 45 years and manufactures moulds for plastics, rubber injection moulds, casting moulds for metals and punching tools. The tasks are highly complex and non-standard-ones (para. 3, letter from the EC to Poland, Brussels 8 February 2012), hence competition is limited.
The European commission finds that: the company exports approximately 2.4% of its production to Russia, Germany, Sweden and Slovak Republic. Several other companies operate on those markets in competition with FORMET and there is trade between Member States in moulds. Consequently the aid can at least potentially distort competition and affect trade between Member States.
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory
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