# C_2005285EN.01000501.xml

| 17.11.2005 | EN | Official Journal of the European Union | C 285/5 |
| --- | --- | --- | --- |

17.11.2005

EN

Official Journal of the European Union

C 285/5

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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

(2005/C 285/03)

(Text with EEA relevance)

| Aid No | XS 3/04 |
| --- | --- |
| Member State | Finland |
| Region | The first and second aid areas in the development area as laid down in Government Decision 1244/1999 |
| Title of aid scheme or name of company receiving individual aid | Accelerated depreciation for investments made by SMEs in the development area |
| Legal basis | Kehitysalueelle tehtävien investointien korotetuista poistoista annettu laki (1262/1993, muut 1736/1995, 32/1998, 1215/1998, 964/2000, 901/2001 ja 914/2003) |
| Annual expenditure planned or overall amount of individual aid granted to the company | Aid scheme | Annual overall amount | EUR 1 million (1) |
| Loans guaranteed | |
| Individual aid | Overall aid amount | |
| Loans guaranteed | |
| Maximum aid intensity | In conformity with Article 4(2)-(6) and Article 5 of the Regulation | Yes
  Maximum aid intensity 1 % | |
| Date of implementation | From 1.1.2004 |
| Duration of the scheme or individual aid award | Until 31.12.2006 |
| Objective of aid | Aid to SMEs | Yes | |
| Economic sectors | All sectors eligible for aid to SMEs (2) | Yes |
| Limited to specific sectors | |
| — | Coalmining |

Aid No

XS 3/04

Member State

Finland

Region

The first and second aid areas in the development area as laid down in Government Decision 1244/1999

Title of aid scheme or name of company receiving individual aid

Accelerated depreciation for investments made by SMEs in the development area

Legal basis

Kehitysalueelle tehtävien investointien korotetuista poistoista annettu laki (1262/1993, muut 1736/1995, 32/1998, 1215/1998, 964/2000, 901/2001 ja 914/2003)

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

Aid scheme

Annual overall amount

EUR 1 million (1)

1

Loans guaranteed

Individual aid

Overall aid amount

Loans guaranteed

Maximum aid intensity

In conformity with Article 4(2)-(6) and Article 5 of the Regulation

Yes

Maximum aid intensity 1 %

Date of implementation

From 1.1.2004

Duration of the scheme or individual aid award

Until 31.12.2006

Objective of aid

Aid to SMEs

Yes

Economic sectors

All sectors eligible for aid to SMEs (2)

2

Yes

Limited to specific sectors

—

Coalmining

No

| — | All manufacturing |
| --- | --- |

—

All manufacturing

or

Steel

No

Shipbuilding

No

Synthetic fibres

No

Motor vehicles

No

Other manufacturing

| — | All services |
| --- | --- |

—

All services

Or

Transport services

No

Financial services

No

Other services

Name and address of the granting authority

Name:

Valtiovarainministeriö

Address:

PL 28, FI-00023 Valtioneuvosto

Large individual aid grants

In conformity with Article 6 of the Regulation

The measure excludes awards of aid or requires prior notification to the Commission of awards of aid,

| (a) | if the total eligible costs are at least EUR 25 million and






  — | the gross aid intensity is at least 50 %, |
| --- | --- | --- |

(a)

if the total eligible costs are at least EUR 25 million and

—

the gross aid intensity is at least 50 %,

| — | in areas which qualify for regional aid, the net aid intensity is at least 50 %; or |
| --- | --- |

—

in areas which qualify for regional aid, the net aid intensity is at least 50 %; or

| (b) | if the total gross aid amount is at least EUR 15 million |
| --- | --- |

(b)

if the total gross aid amount is at least EUR 15 million

Yes

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(1)  The advantage the companies get from the tax relief comprises the interest benefit from the frontloading of the depreciation, amounting to EUR 0,5-1,0 million on the investments over a year.

1

(2)  Sectors eligible for the aid: manufacturing and travel companies, except for activities relating to the production, processing or offering for sale of the products listed in Annex I of the Treaty, synthetic fibres, manufacturing of vehicles and vehicle spare parts, coalmining, the steel industry and shipbuilding.

2

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