4. 10..96 Official Journal of the European Communities No L 252/19 (Acts whose publication is not obligatory) COMMISSION COMMISSION DECISION ‘ of 29 May 1996 concerning State aid to the Greek steel company Halyvourgia Thessalias SA (Only the Greek text is authentic) (Text with EEA relevance) (96/573/ECSC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Coal and Steel Community, and in particular Article 4 (c) thereof, Having regard to Commission Decision No 3855/91/ ECSC of 27 November 1991 establishing Community rules for aid to the steel industry ('), and in particular Articles 1 (1) and 6 thereof, Having, in accordance with Article 6 (4) of the abovemen- tioned Decision, given notice to interested parties to submit their comments, Whereas: By letter dated 10 February 1995, registered on 15 February 1998, the Greek Permanent Representation noti- fied investment aid in respect of the steel company Haly- vourgia Thessalias SA under Law 1892/90 for the moder- nization of the existing unit producing concrete rein- forcing bars. On 24 May 1995 the Commission decided to open the procedure pursuant to Article 6 (4) of Decision No 3855/ () OJ No L 362, 31. 12. 1991, p. 57. - 91/ECSC (hereinafter referred to as ‘SAC’) with respect to the above aid, and it informed the Greek Government accordingly by letter of 8 June 1995 (). The Commission considered that the aid fell under Article 5 SAC and that aid falling under that Article had to be notified by 30 June 1994 at the latest, according to Article 6 (1) SAC, and could only be deemed compatible with the common market before 31 December 1994, A. The Greek Government replied by letter of 4 July 1995 saying, notably: (1) the structure of Greek steelmaking (single-product undertakings) has not allowed firms to make use of the special measures for the restructuring of the Community steel industry; (2) for the same reason, there would be no point in reducing the potential output of the company in question, which would be tantamount to closing the plant; (3) Halyvourgia Thessalias had submitted its applica- tion to the Greek authorities in good time. It did so on 31 May 1994, (4) aid in the order of some ECU 320 000 has been proposed, which is insignificant compared with funds approved for steel firms in other Member States, either under Article 5 of the Steel Aid Code () OJ No C 284, 28. 10. 1995, p. 13.