ARCHIVES HISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(82)856
Vol.1982/0261

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COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GeneralSecretariatCOM(82)856 final
Brussels,23December1982
FOROFFICIAL USEONLY
COMMUNICATION FROMTHECOMMISSION TOTHECOUNCIL
Requestforassent,pursuanttoArticle562a)oftheECSCTreatyto
thegrantingofagloballoantoIndustriekreditbank ,AG,Deutsche
Industriebank ,Dusseldorf,FederalRepublicofGermany
COM(82)856final

FOROFFICIAL USEONLY
Communication totheCouncil
Subject :Requestforassent,pursuant toArticle 562a)oftheECSCTreaty
tothegranting ofagloballoantoIndustriekreditbank ,AG,Deutsche
Industriebank ,Dusseldorf ,FederalRepublic ofGermany,
I.FINANCIAL INTERMEDIARY
No.374
Applicant Industriekreditbank AG-Deutsche Industriebank
(IKB)
Registered Office Dusseldorf ,FederalRepublic ofGermany
Shareholders Foundation foraidtoresearch intothe
industrial economy (27%)
-Deutsche Bank)
DresdnerBankj(25%)
Commerzbank ;
-leadingInsurance Companies (25%)
-privateshareholders (23%)
II.RECIPIENTS :Smallandmediumconcerns
========== . (Creation and/orextension ofnew
sactivities )
FieldofActivity of
recipients Industrial andserviceactivities

III.THEPROJECT-2-
Procédure TheCommission willmakeDM50millionavailable
tothe1KB(some21.25MioECU).Thisloanwillbe
paidoverthreeyearsinproportional instalments
toapproved subsidiary loans.
Thesubsidiary loanswillbeapproved byCommission
departments pursuant tothecriteria andaims
published bytheCommission (O.J.n°C178/2of
27July1977andO.J.n°C82/8of29March1979).
The1KBwillsendannualreportstotheCommission
ontheusemadeofthegloballoanandonreemployment
offormer ECSCworkersinconcerns financed byway
ofthegloballoan.
Totalamountof
investment atleast DM100million (+42.5MioECU)
IV,THEREGION
Projectlocation Principally inLandNorthRhine-Westphalia
Unemployment rate :8.8/*inLandNorthRhine-Westphalia
(FederalRepublic 6.9%inSeptember 1982)
National aidstatusof
projectarea Regional aidedareas:ECSCconversion areas
TheECSCindustry hasbeenandstillisamajoremployer inthearea.

-3-
V.CONFORMITY WITHARTICLE 56OFTHEECSCTREATY
ECSCredundancies in
projectarea :Thelabourmarketsituation especially intheRuhr
district continues toworsenanditiscalculated
thatbyend1983therewillbeatleast10,000
redundancies inthecoalandsteelindustry *
Furtherredundancies areanticipated inlateryears.
Jobstobecreated :Over1,500jobs,ofwhichatleast1,000willbesuitabie
bytheproject forformerECSCworkers.
Training :Carriedout,whereapplicable ,bylocalorganisations
andbyloanrecipients .
TheCommission considers thattheapplication complies withArticle 562a)*
oftheECSCTreaty,
VI„GLOBAL LOAN
Loanappliedfor
Loantobegranted
»
Interest rebate
Jobbasisofinterest rebate
VII.COUNCIL ASSENT:DM50million
:TheCommission hasapproved aloan
ofDM50million (about21.25MioECU)
orequivalent totheabovementioned
institution inaccordance with
Art.56application criteria (OJC82,
29March1979).
:3percentage pointsperyearforfive
yearson *20MioECU
:1,000jobssuitableforformer ECSC
workers,towhomtheywillbeofferedin
priority .
TheCommission requests theCounciltogiveitsassenttotheforegoing
decision.