ARCHIVESHISTORIQUES
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COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(81)374
Vol.1981/0116

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COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GeneralSecretariatCOM(81)374 final
Brussels,13thj.1?g1
FOROFFICIAL USEONLY
REQUESTFORASSENT,PURSUANT TOART.56.2.a)OFTHEECSCTREATY
TOGRANTING ARECONVERSION LOANTO"INMOSLTD."-UNITEDKINGDOM
(Communication fromtheCommission totheCouncil)
COM(81)374final

Communication totheCounciL
Subject:Requestforassent,pursuanttoArt.56.2.a)oftheECSCTreaty
tograntingareconversion Loanto
IMOSLtd.-UnitedKingdom.'
THECOMPANYNo.326
Applicant IUMOSLtd.
RegisteredOffice Bristol
Parentcompanyof
applicantNationalEnterpriseBoard
Beneficiary MMOSLtd.
Fieldofactivityof
beneficiaryDesignandmanufactureofstandard
microcomputercircuits(*chips*)mass
producedonwafersofsiliconecrystal.
!KedeloLoi200,B–1040B'oss$ls-TcicpK.-.r3500«0-25<;0-Í0-Tclcgrophírcd«J'Os«:COME •B».•:
Tele*•COMF'JR!"JP:j 21U,:

II.THEPROJECT
Projectdescription
Projectcost
Projectschedule
Market
Environment:Theestablishment ofapurpose–'built
factoryof85000sq.ft.designedand
equippedtoahighstandardoftechnical
sophistication withaninitialcapaoity
of3600siliconecrystalwafersper
week.Thefaotorywillbeconstructed
onagreenfieldsiteinthevicinityof
Newport.SouthWales.
:Land ) £12Mio
:BuiIdings;
:Plantandmachinery £18Mio
:Other
:Total £30Mio(5553MioECU)
Construction isscheduledtobeginin
early1981withthepeakofconstruction
andequipmentexpenditure beingincurred
during1982.Productionwillcommencein
mid-1982andreachitsfullcapaoityin
mid-1983.
:Themarketforthecompany'sproductsis
widespreadanddiverseincludingthe
manufacturers ofmicrocomputers andconsumer
electroniccontrolsystemsindomestic
appliancesandautomotiveapplications .
Owingtogrowthandrateofohanceof
technology,itisdifficulttomakeprecisepredictionsofthelikelybuyersorvolumes
involved. -
tEnvironmentprotectionmeasuresinaccordance
withregulationsinforce.Afullreporton
effluentsandtreatmentrequirements hasbeen
submittedtothecompetentauthorities.
Theprojectappearseconomically sound;itwillmakeaveryusefulcontribution
totheredevelopment oftheregionconcernedwhichisaffectedbyadeclinein
ECSCindustries.

THE REGION
Project Location Newport -Gwent -South Wal
Unemployment rate 12.7%
National aid status of
project areaDevelopment area .
The ECSC industry hasbeen animportant source ofemployment
inthe area .
CONFORMITY WITH ART .5oOFTHE ECSC TREATY
ECSC redundancies in
project area4000 inthe immediate area
inthe past three years .
Jcb creation ofproject1000
TrainingBythebeneficiary
The Commission considers that the request complies with
Art .562a)ofthe ECSC Treaty and that the new job
opportunities offered bytheproject arecapable of
absorbing redundant ECSC workers into productive employment ,

V. RECONVERSION LOAN
Loan requested £15Mio
Loan granted TheCommission hasapproved aloan of
fc15Mio (about 27.8 MioECU )
orequivalent tothe above mentioned
company inaccordance with Art .56
operating policies (O.J. No.C82/8
of29March 1979 ).
Interest rebate 3%points per year for five years on
14.8 MioECU .
Job basis ofinterest rebate 740 jobs suitable for andtobe
offered inpriority toex-ECSC
workers .
VI. COUNCIL ASSENT
The Commission invites theCouncil togive itsassent tothe
foregoing decision .