L 24846 Official Journal of the European Communities 18.9.2001 (Acts whose publication is not obligatory) COMMISSION COMMISSION DECISION of 8 May 2001 on State aid granted by the Federal Republic of Germany to Philipp Holzmann AG (notified under document number C(2001) 1419) (Only the German text is authentic) (Text with EEA relevance) (2001/695EC) 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 regard to Council Regulation (EC) No 659/1999 of 22 March 1999 laying down detailed rules for the application of Article 93 of the EC Treaty ('), and in particular Article 7(3) thereof, Having called on the Member State concerned and other inter- ested parties to give their views pursuant to the abovemen- tioned provisions (¥ and having regard to their comments, Whereas: I. PROCEDURE (1)  In November 1999 the Commission learnt from the media that there were plans to grant State aid to Philipp Holzmann AG (PH AG). By letter of 25 November 1999, it called on Germany to provide further details. By letter of 10 December 1999, Germany notified the Commission of a subordinated loan (nachrangiges Darlehen) from the State-owned Kreditanstalt fur Wieder- aufbau (KfW’) and a federal guarantee (Bundesbiirgschaft), both of which formed part of a broader restructuring () O] L 83, 27.3.1999, p. 1. () O] C 110, 15.4.2000, p. 2. plan; the notification was followed up by a letter dated 20 December 1999. (20 By letter of 16 February 2000, the Commission informed Germany that it had decided to initiate the procedure laid down in Article 88(2) of the EC Treaty. (3) By letter of 15 March 2000, Germany submitted its comments and further information, including the detailed restructuring plan. Additional information was sent to the Commission by letter of 28 March 2000 following a meeting with representatives of the German authorities on 20 March 2000. () The Commission decision to initiate the procedure was published in the Official Journal of the European Communi- ties (). The Commission called on interested parties to give their opinion. On 15 May 2000 it received a number of observations from a competitor, which were passed on to Germany for an opinion. Germany's comments were received by letter of 1 August 2000. (5)  On request, Germany provided further details of the notified aid by letters of 25 April 2000, 21 June 2000, 8 August 2000, 17 August 2000, 23 August 2000, 14 and 15 September 2000, 18 October 2000, 1, 13 and 24 November 2000, 14 and 20 December 2000, 10 and 24 January 2001, 2 and 16 February 2001, 14 March 2001 and 4 April 2001. () See footnote 2.