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COM (85) 309 
 
 
 
Vol. 1985/0 129 
  
 
Disclaimer  
Conformém ent au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983 
concernant l'ouverture au public des archives historiques de la Communauté économique 
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983, 
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003 
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents 
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit 
règlem ent. 
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983 
concerning the openi ng to the public of the historical archives of the European Econom ic 
Community and the European Atomic Energy Communit y (OJ L 43, 15.2.1983, p. 1), as 
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243, 
27.9.2003, p. 1), this f ile is open to the public. Where necessary, classified documents in this 
file have been declassified in conformity with Article 5 of the aforementioned regulation.  
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom  1. 
Februar 198 3 über die Freigabe der historischen Archive der Europäischen  
Wirtschaftsgemeinschaft und der Europäischen Atomgem einschaft (ABI. L 43 vom  15.2.1983,  
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. Septem ber 2003  
(ABI. L 243 vom 27 .9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit  
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5  
der genannten Verordnung freigegeben.  
COMMISSION  
OF THE
EUROPEAN COMMUNITIES
General SecretariatC0M(85) 309 fin a l 
B ru s s e ls , 17 June 1985 
FOR OFFICIAL U S E  ONLY
C O M M U N IC A T IO N  B Y  T H E  C O M M IS S IO N  T O  T H E  C O U N C IL
Request for assent, pursuant to A rticle 56 (2a) of the E C S C  Treaty 
to the granting of a  conversion loan to Cleveland Redpath Offshore 
Limited, United Kingdom
C O M (85) 309 fin a l

Communication to the Council
Subject : Request for assent, pursuant to A rticle 56 (2a) of the E C S C  Treaty
to the granting of a  conversion loan to Cleveland Redpath 
Offshore Limited, United Kingdom.
T H E  C O M P A N Y No. 404
Applicant Cleveland Redpath Offshore, Limited
Registered Office P.O.Box No. 27,
Y arm  Road,
Darlington, Co. Durham, 
England DLI 4DE.
Parent company of 
applicantCleveland Redpath Engineering Holdings 
Limited.
Recipient : Cleveland Offshore Limited
Field of a c tiv ity  of : The fabrication and assembly of large
recipient 1 structural steel modules for off-shore o il
and gas rigs.

-  2 -
II. T H E  P R O JE C T
„ D e s . c . r . l B :  The project consists of the construction of a
three-bay module production fa c ility  at Port 
Clarence on the River Tees to produce three 
3000 ton units per year for North S ea o il and gas 
platforms, together with purpose-built storage 
buildings and an improved loading quay.
m illion U K  £
Cost : Land 3
i 7.679
Buildings )
Plant and machinery 0.837
Other 0.750
Total ....... 9.266 (±15.7 9  M ioECU)
Sc
hedule : 1984 - 1986
Market : The com pany aims at maintaining its  competitive
position as a  major supplier to the North S ea o il and 
gas exploration and production industry, particularly 
vis-à-vis growing extra-Community competition.
Environment ; Environmental protection measures in accordance
with current legislation
The sectoral and competition aspects of the project have been closely examined ; 
they do npt m ilita te against the granting of the loan applied for.
J
The project appears to be economically sound ; it  w ill m ake a  significant 
contribution to the redevelopment of the region which is suffering the effects 
of a  decline in E C S C  industries.

I I I .  T H E  R E G IO N- 3
Project location Port Clarence, Middlesbrough, Cleveland, 
England T S 2 1R Z
Unemployment rate 20.7%  (March 1984)
National aid status of 
project areaSpecial Development Area
The E C S C  industry has been an important source of employment in the area.
IV. C O N F O R M IT Y  W IT H  ARTICLE 56 O F  T H E  E C S C  T R E A T Y
E C S C  redundancies in 
project areaCleveland
10,603 jobs lost (1978 - 1983)
Jobs to be created by the project 752, a ll of which are suitable for 
ex-ECSC workers
TrainingO n  and off-the-job training w ill be 
provided. Measures are being taken to 
augment present fa c ilitie s .
The Commission considers that the application complies with A rticle 56 (2a) 
of the E C S C  Treaty and that the new  jobs to be created by the project are 
capable of absorbing redundant E C S C  workers into productive employment.

V. C O N V E R S IO N  L O A N
— .n  aPPll‘ed for : U K £  4,633,000
-~--n  t0 be granted :  The commission has approved a  loan of
U K £  4.633millionCabout 7.895 M ioECU)
or equivalent to the above mentioned 
company (1).
Interest rebate3  percentage points per year for five 
years on 7.895 MioECU.
Job basis of interest rebate395 jobs suitable for former E C S C  
industry workers, to w h o m  they w ill be 
offered in p rio rity .
VI. C O U N C IL A S S E N T
The Commission requests the Council to give its  assent to the foregoing 
decision.
Î1) In accordance with the. application c rite ria  (0J C  1 9 1  of 1 6  July 1983)