Commission Decision of 19 July 2006 on the aid measure notified by the Netherlands for KG Holding NV (notified under document number C(2006) 2954) (1)

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Commission Decision of 19 July 2006 on the aid measure notified by the Netherlands for KG Holding NV (notified under document number C(2006) 2954) (1)

COMMISSION DECISION of 19 July 2006 on the aid measure notified by the Netherlands for KG Holding NV (notified under document number C(2006) 2954) (Only the Dutch version is authentic) (Text with EEA relevance) (2006/939/EC) THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community, and in particular the first subparagraph of Article 88(2) thereof,

Having regard to the Agreement on the European Economic Area, and in particular Article 62(1)(a) thereof,

Having called on interested parties to submit their comments pursuant to the provisions cited above (1) and having regard to their comments,

Whereas:

1. PROCEDURE (1) By letter dated 26 January 2004, registered as received on 11 February 2004, the Dutch authorities notified the Commission that they intended to grant restructuring aid under the Community guidelines on state aid for rescuing and restructuring firms in difficulty (hereinafter `the guidelines') (2 ) to KG Holding NV (hereinafter `Kliq Holding' or `KH'). Following this notification, the Commission asked the Netherlands to provide further information in April,

August and November 2004. In December 2004, the Dutch authorities requested an extension of the deadline for providing a reply, explaining that the firm was still not performing well and that another firm was possibly interested in a takeover.

(2) By letter dated 5 August 2005, the Commission informed the Netherlands that it had decided to initiate the proce...

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