ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(81)715
Vol.1981/0207

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COMMISSION
OFTHE
EUROPEAN COMMUNITIESCOM(81)715final.
Brussels,25November 1981
FOROFFICIALUSEONLY
GeneralSecretariat
Communication fromtheCommissiontotheCouncil
Requestforassent,pursuanttoArt.56.2.a)oftheECSCTreatytogranting
agloballoantoBayerischeHypotheken-undWechselbankAktiengesellschaft
(Hypobank),F.R.ofGermany.
C0M(81)715final.
\

Communication totheCouncil
Subject:Requestforassent,pursuanttoArt.56*2a)oftheECSCTreaty
tograntingagloballoantoBayerische Hypotheken-undWechselbank
Aktiengesellschaft (Hypobank),F.R.ofGermany.
THEINTERMEDIARY FINANCIAL AGENCY No.344
Applicant Bayerische Hypotheken-undWechselbank Aktien­
gesellschaft (Hypobank).
Registeredoffice Munich
Par-entcompanyof
applicant :Sharesarewidelydispersed .
BENEFICIARIES Smallandmediumsizedfirmswhichareextending
activities and/orcreatingnewones.
Fieldofactivityofthe
beneficiaries Industrial andserviceactivies.
:0fci;Ruod®loLoi200.B–1040Brus$#li–Tclephone350040-358040–ToleQrop^'coddresj:«COMEURBrutsrli
Telex:.COMEURBRU 21877.

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III.THEPROJECT
BBSBSSaSBSS
Procédure
TheCommissionwillmakeDM25million(about9:96MioECU)availableto
theHypobank.Theloanwillbepaidintranchesoverthreeyears,as
sub-loansareapproved.Decisionstoapproveindividual sub-loanswill
betakenbytheCommission onthebasisoftheapplicationcriteriaand
objectives published bytheCommission (O.J.No.C178/2of27.7.1977 and
O.J.No.C82/8of29.3.1979).
• *
The,HypobankwillreporttotheCommission eachyearontheusemadeof
thegloballoan.Itwillalsodrawupeachyearareportonthere­
employment offormerECSCworkersinthefirmsfinancedfromtheglobal
loan.
Globalamountoftheinvestment DM50million (_+19.92MioECU)
atleast
.IV.THEREGION
Projectlocation MainlycentralUpperPalatinate,i.e.theAmberg,
SulzbachandSchwandorf areas(Bavaria).
Unemployment rate :IntheSchwandorf labourofficearea,whichalso
includesAmberg-Sulzbach,8%inMay1981.
Nationalaidstatusof
projectarea Regionaldevelopment area,
TheECSCindustryhasbeenanimportantsourceofemploymentinthearea.

-3-
V.£2NfORMITY_WITH_ART._56_OF_THE_ECSC TREATY
ECSCredundancies in
projectarea Adaptation measuresintheECSCindustries
willLeadtosome1500redundancies in
1981and1982.Some2000jobshavealready
beenLostovertheLastfiveyears.
Job.creationofproject :^Least498,suitabLeforformercoaland
steelworkers.
Training :Wherenecessary,bygovernmenttraining
centresandthosefirmsreceivingsub-loans.
TheCommission considersthattherequestcomplieswithArt.562a)
oftheECSCTreaty.
VI.GLOBALLOAN
Loanrequested
Loangranted
Interestrebate
JobbasisofinterestrebateDM25million
TheCommission hasapproved aloan
ofDM25million (+9.96MioECU)
orequivalent totheabovementioned
companyinaccordance withArt.56
operatingpolicies (O.J.No.C82/8
of29March,1979).
3%pointsperyearforfiveyearson
9.96MioECU
498jobssuitableforandtobeoffered
inprioritytoex-ECSCworkers.
VII.COUNCILASSENT
TheCommissioninvitestheCounciltogiveitsassenttotheforegoing
decision.