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DOCUMENTS "COM"
COM(81)755
Vol.1981/0215

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COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GeneralSecretaria'COM(81)755 final
Brussels,16December1981
FOROFFICIAL USE0NIY
COMMUNICATlON FROMTHECOMMISSION TOTHECOUNCIL
Requestforassent,pursuanttoArticle56(2)(a)ofthe
ECSCTreatytograntingareconversion loanto
UsinesaTubesdelaMeuseS.A.,Belgium
COM(81)755final

INTERNAL DOCUMENT
Communication totheCouncil
Subject:Requestforassent,pursuanttoArt.56.2.a)oftheECSCTreaty
tograntingareconversion loantoUsinesàTubesdeLaMeuseS.A.,
Belgium.
I.THECOMPANY No.331
AppLicant UsinesàTubesdeLaMeuseS.A.
RegisteredOffice Flémalle(theLiègesteelrégion)
Parentcompanyof
applicantBeLgianState72%
Beneficiary UsinesàTubesdeLaMeuseS.A.
FieLdofactivityof
beneficiaryProduction andmarketingof
-specialandnon-alloysteelintermediate
products (bloom,ingots)
-unweldedtubes
-spiral-weIdedtubes
!":.cde!oLc200,G-I0J0B-uoieit-1c•.n>'1-0/'■<>.>
Tele»COMt'.iPiJK-j-I:·ίο.ΐ";,>.· ■ί(Α.κ\■Η

-2-
H.THE_PROJ|ÇI
Projectdescription
Projectcost
Projectschedule
Market
EnvironmentSpecialfinishingline(thermictreatment,
threading,makingofmuffsandguards)for
tubesusedinhydrocarbon researchand
exploitation,i.e.casingsandtubings.
Casingsline
Tubingsline
Heattreatment
Threadguards
OtherBF
BF
BF
BF
BF352mi11ion
199
391
47"
170
BF1,160million
(+29MioECU)
1982
U.S.S.R.,MemberStatesoftheEEC
Environment protection measuresin
accordance withregulations inforce.
Thesectoralandcompetition aspectsoftheprojecthavebeen
closelyexamined;theydonotruncountertograntingthe
requestedloan.
Theprojectappearseconomically sound;itwillmakeavery
usefulcontribution totheredevelopment oftheregionconcerned
whichisaffectedbyadeclineinECSCindustries .

-3-
III,THEREGION
Projectlocation •Flémalle(Liègeprovince),Belgium
Unemployment rate 19.1%(December1980)
Nationalaidstatusof
projectareaDevelopment area
TheECSCindustryhasbeenanimportantsourceofemployment
inthearea.
IV.CONFORMITY WITHART.5t>OFTHEECSCTREATY
ECSCredundancies ir.
projectarea1,220(December1979-March1980)*
1,718(1975-1979)-coal
4,610(1975-1979)-steel
Jcbcréationcfproject 424
Tr3ining OfficeNationaldel'Emploi;
ComitéNationaldePlanification et
deContrôle
TheCommissionconsidersthattherequestcomplieswith
Art.562a)oftheECSCTreatyandthatthenewjob
opportunities offeredbytheprojectarecapableof
absorbingredundantECSCworkersintoproductiveemployment.
*Source:GroupementdesHauts-Fourrfeux etdesAciériesBelges.

RECONVERSION LOAN
Loan requested
Loan grantedBFrs 500million oréquivalent
(+12.034 MioECU )
The Commission hasapproved aloan of
BFrs 500 million (about 12.034 MioECU )
orequivalent tothe above mentioned
company inaccordance with Art .56
operating policies (O.J. No.C82/8
of29March 1979 ).
Interest rebate for which
the project qualifies:3%points per year for five years on
8,480,000 ECU
Job basis ofinterest rebate :424 jobs suitable forandtobe
offered inpriority toex-ECSC workers
C0bNCIL_ASSENT
TheCommission invites theCouncil togive itsassent tothe
foregoing decision .