L 86/28 Official Journal of the European Union 28.3.2008 COMMISSION COMMISSION DECISION of 28 November 2007 on State aid C 6/07 (ex N 558/06) planned by Poland for Techmatrans S.A. (notified under document number C(2007) 5616) (Only the Polish version is authentic) (Text with EEA relevance) (2008/272[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 those provisions (1), Whereas: ) [. PROCEDURE By letter dated 21 August 2006, Poland notified the Commission of the planned restructuring aid for Tech- matrans. Poland provided the Commission with further information by letter dated 14 December 2006. By letter dated 21 February 2007, the Commission informed Poland that it had decided to initiate the procedure laid down in Article 88(2) of the EC Treaty in respect of the aid for Techmatrans. The Commission decision to initiate the procedure was published in the Official Journal of the European Union (3). The Commission called on interested parties to submit their comments and received no comments from interested parties. The Polish authorities submitted further information by letters of 10 April and 24 July 2007. II. DETAILED DESCRIPTION OF THE MEASURES The Beneficiary Techmatrans is a 100 % state-owned engineering company created in 1972. It employs 112 workers. In () O] C 77, 5.4.2007, p. 43. () See footnote 1. 2006 the company’s turnover amounted to PLN 8,1 (EUR 2,0) million and the balance sheet totalled PLN 6,3 (EUR 1,6) million. With these figures the company meets the SME thresholds, however due to the State ownership it is classified as a large enterprise. It does not belong to a larger business group. The company’s main activities are providing repair, service and modernisation of transport technology systems as well as supply of new lifting transport tech- nology systems for industrial plants of the automotive, metallurgical and construction sectors. The company has a low market share on the Polish market (0,2-1,0 %) and an even lower market share on the European market. Since 2002 the owner and the management of Tech- matrans have made efforts to privatise the company. In July 2005 in reply to the invitation to buy between 51 % and 85% of the companys shares, two bidders submitted offers. No negotiations were launched and in September 2005 the procedure was terminated. The Polish authorities have not explained why the procedure was stopped. Techmatrans is based in a region eligible for aid under Article 87(3)(a) of the EC Treaty. The company’s difficulties Between 2000 and 2004 the company incurred cumulated net losses amounting to PLN 7,7 million and own capital fell from PLN 11,2 million in 2001 to PLN 4,0 million in 2004. In 2005 the company made a profit of PLN 277 000, however in 2006 the company made losses again, amounting to PLN 1,1 million.