ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(80)472
Vol.1980/0162

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COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GenerolSecretariatCOM(80)472 final
Brussels,28July1980
FOROFFICIAL USEONLY
REQUESTFORASSENT,PURSUANT TOART.56.2.a)OFTHEECSCTREATYTO
GRANTING ARECONVERSION LOANTOOXFORDUNIVERSITY PRESS,U.K.
(Communication fromtheCommission totheCouncil)
C0MC80)472final

COMMISSION
OFTHE
EUROPEAN COMMUNITIES
Internaldocument
Communication totheCouncil
Subject:Requestforassent,pursuanttoArt*56.2.a)oftheECSCTreaty
tograntingareconversion loantoOxfordUniversityPress,U.K.
I.THECOMPANY N°ï301
Applicant OxfordUniversityPress(O.U.P.)
RegisteredOffice Oxford
Parentcompanyof
^applicant
BeneficiaryOxfordUniversityPress(O.U.P.)isaDepartment
oftheUniversity.Itoperatesunderthegeneral
termsoftheUniversity'sCharterof1636
(asmodifiedbylat'erstatutes)".
OxfordUniversityPress(O.U.P.)
Fieldofactivityof
beneficiaryO.U.P.hasprinting,publishinganddistributionfacilitiesintheU.K!.anddistribution and
publishingoperations !overseas.
\
Piovisionolpddress:RuedelaLoi200,6*1040Brustels–Téléphoné350040-338040–TelegropHicoddress:«COMEURBrussels•–
.Tele*:«COMEURBRU 21877.

II.THEPROJECT
Projectdescription .JConstruction ofawarehouse/distribution centre
forO.U.P.'slLK .publishing operation.
Projectcostfc'000 :Land
:Buildings 4,205
sPlantandmachinery 1,250
:Other
:Total . 5,705
Projectschedule :Startingmid-summer 1980theprojectislikelytobecompleted 1982.
Market SThenewdistribution centreatCorbyisto
~~~ replacefacilitiesatNeasden(London)which
arenolongersuitable.About^OXofO.U.P.
U.K.publishing productsaresoldabroad.
Environment :Environment protection measuresinaccordance
withregulations inforce250
4,205
1,250
5,705
Environment
Theprojectappearseconomically sound;itwillmakeaveryusefulcontribution
totheredevelopment oftheregionconcernedwhich1saffectedbyadeclinein
ECSCindustries. 4

III.THEREGION-3-
Projectlocation>Corby,Northamptonshire ,EastMidlandsRegion,
!U.K*
Unemployment rate
Nationalaidstatusof
proiectareaCorbytraveltoworkarea11.1%
Development area
TheECSCindustryhasbeenadominantemployerinthearea^
IV.-CONFORMITY WITHART.56OFTHEECSCTREATY
ECSCreduncancies in
projectarea!5,000jobswillbelostasaresultofB.S.C.'s
decisiontoendsteelmakingatCorby.
Jobcreationofproject :226
>Traimnq :Ifrequired-byO.U.P.
-•TheCommission considersthattherequestcomplieswithArt.562a)of
'"theECSCTreatyandthatthenewjobopportunities offeredbytheproject
arecapableofabsorbingredundant ECSCworkersintoproductive employment .
V.RECONVERSION LOAN
Loanrequested st2.8million
Loangranted iTheCommission hasapprovedaLoanoft2.8miIlion(about4.64 MEUA)or
equivalenttotheabovementionedcompany,
inaccordancewithArt.56operatingpolicies
(O.J.No.C82/8of29March1979).

-4-
Interestrebate :3Xpointsperyearforfiveyearson4.40MEUA
JobbasisofInterestrebate:?20
VI.COUNCILASSENT
TheCommissioninvitestheCounciltogiveitsassenttotheforegoing
decision. .