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COMMISSION
OFTHE
EUROPEAN COMMUNITIESCOM(82)764final
Brussels.22November 1982
FOROFFICIAL USEONLY
GeneralSecretariat
Communication fromtheCommission totheCouncil
Requestforassent,pursuanttoArticle56(2a)oftheECSCTreatyto
thegrantingofaconversion loantoBarr&StroudLimited,UnitedKingdom
COM(82)764final

Communication totheCouncil
Subject:Requestforassent,pursuanttoArticle56(2a)oftheECSCTreaty
tothegrantingofaconversionloantoBarr&StroudLimited,
UnitedKingdom*
THECOMPANY No.371
Applicant ;•:Barr&StroudL'imited
RegisteredOffice :Anniesland,Glasgow
Parentcompanyof :BarrSStroudisawholly-owned subsidiaryof
applicant PilkingtonBrothersP.L.C.,acompanyincorporated
intheUnitedKingdom.
Recipient :Barr8StroudLtd
Fieldofactivityof :Themainrangeofproductsis:
recipient 1)ProductsfortheDefencemarketwhichincludeinter
alia-Laser Rangefinders,RapierSystems,Periscopes,
mastsandAssociated Equipment,andEquipmentDevelop
mentcontracts .
2)Commercial MarketProductswhichinclude:medical
instrumentation ,opticalfilters,fibreoptics,etc.
'~cae.cLci200,B-IGJOBruJseIS-1ccr.e3500H0-J58'J40.–1clegrap^i'' .cdd^css :COMfc 1ikBr.'•
Telex-COMf'JRB'OJ2)8,7

-2-
II.THEPROJECT
Description :Thecompanyintendstodevelopandupgradeseveralofits
existingareasofproduction .Asthecompany'svarious
production areasareinter-related ,theproposedcapital
expenditure ontheprojectwillcontribute totheoverall
expansion,efficiency andemployment levelsofthe
businessasawhole.Theproject-interalia-involves
theintroduction ofnewequipment,theresitingoftheopticalcomponents department,
andthedemolition ofanexistingfactory(formerTempleIronWorks)andtheerection
ofa45,000sqftfactoryonthesitetorehousetheupdatedperiscopemanufacturing
departmentpresentlylocatedinthecompany'smainworks.
t000
Cost :Land )
:Buildings 3 2350
:Plantandmachinery 8400
:Other <*»
:Total 10750 (+19.4MioECU)
Schedule :1982-1984
Thecompany'sturnovercanbesplitintothreebroad
*categories :
1)DefenceproductsfortheMinistryofDefence
2)Defenceproductsforothercustomers
3)Civilianproducts
NonMinistryofDefencesaleswillrepresent 36%of
thecompany'sturnoverby1984.
Environment :Environ'mentalprotection measuresinaccordance
withcurrentlegislation
Thesectoralandcompetition aspectsoftheprojecthavebeencloselyexamined;
theydonotmilitateagainstthegrantingoftheloanappliedfor.
Theprojectappearstobeeconomically sound;itwillmakeasignificant
contribution totheredevelopment oftheregionwhichissufferingtheeffects
ofadeclineinECSCindustries .

-3-
III.THEREGION
ProjectLocation Anniesland,GlasgowandValeofLevenIndustrial
Estate,Strathleven,Strathclyde,Scotland.
Unemployment rate
NationalaidstatusofInJanuary1982therewasanunemployment rate
of16.5%intheGlasgowtraveltoworkarea.
Thepositionisparticularly severeformenwith
maleunemployment nowat20.8%(18.2%inScotland)
SpecialDevelopment area.
proiectarea
TheECSCindustryhasbeenanimportantsourceofemploymentinthearea.
IV.CONFORMITY WITHARTICLE56OFTHEECSCTREATY
.. Between1970and1980employmentincoal-mining
ECSCredundanciesin :ipScotLandfeLLbyabout90Q0(31%)andinDroiectarea–- metalmanufacture (ofwhichironandsteelmaking
isthemajorcomponent)byabout15,000(32%).Thedeclineinironandsteelemploy­
menthasbeenparticularly rapidinStrathclyde inthemorerecentperiodanditis
estimatedthata.fallofover12,000jobshasoccuredintheregionsince1976.
Jobstobecreatedbytheproject
TrainingTotalemploymenttobecreatedbytheprojectis
459,ofwhich278inhouseand181secondary
employment (sub-contracting ).
flsregardstheinhousejobs,trainingwillbe
providedbythecompany,forthesecondaryjobs
trainhgwillbeprovidedbysub-contractors ,if
required.
TheCommissionconsidersthattheapplication complieswithArticle56(2a)
oftheECSCTreatyandthatthenewjobstobecreatedbytheprojectare
capableofabsorbingredundant ECSCworkersintoproductiveemployment.

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V,CONVERSION LOAN
Loanappliedfor :t4000000
Loantobegranted :TheCommission hasapproved aLoanoft4000000(about7.22 MioECU>
orequivalent totheabovementioned
companyinaccordance withArticle56
application criteria(0JC82,
29March1979)
Interestrebate 3percentage pointsperyearforfive
yearson3MioECU.
Jobbasisofinterestrebate 150jobssuitableforformerECSC
industryworkers,towhomtheywillbe
offeredinpriority.
VI,COUNCILASSENT
TheCommission requeststheCounciltogiveitsassenttotheforegoing .
decision-