L 90/22 Official Journal of the European Union 28.3.2012 COMMISSION DECISION of 23 March 2011 on State aid C 10/10 (ex N 562/09) which Spain intends to grant for the restructuring of A NOVO Comlink (notified under document C(2011) 1740) (Only the Spanish text is authentic) (Text with EEA relevance) (2012/178/EV) THE EUROPEAN COMMISSION, Having regard to the Treaty on European Union and to the Treaty on the Functioning of the European Union, and in particular the first subparagraph of Article 108(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 On 16 October 2009, Spain notified a restructuring aid measure planned by the Autonomous Community of Andalusia for A NOVO Comlink SL. By letter dated 25 March 2010, the Commission informed Spain that it had decided to initiate the procedure laid down in Article 108(2) of the TFEU in respect of the measure. Spain responded to this decision by letter of 26 April 2010. By letter dated 22 September 2010, the Commission asked Spain for additional information. The Spanish authorities responded on 20 October 2010 by withdrawing the notification as the company’s economic situation had developed better than expected. The Commission Decision to initiate the procedure was published in the Official Journal of the European Union (2). The Commission invited interested parties to submit their comments on the aid. The Commission did not receive any comments from third parties. II. DESCRIPTION OF THE MEASURE 1. The notified restructuring plan The restructuring plan that Spain notified in October 2009 provided for restructuring aid for A NOVO (1) OJ C 140, 29.5.2010, p. 25. () See footnote 1. Comlink SL (hereinafter ‘A NOVO’) on the basis of the Order of 5 November 2008 establishing the regulatory bases for the Aid Programme for Viable Enterprises with economic difficulties in Andalusia and launching a call for applications for 2008 and 2009 (*). The Commission approved this Order in May 2009 as a rescue and restructuring aid scheme for SMEs — hence individual grants of this type of aid to large companies must be notified (Case N 608/08). The aid planned by Andalusia consisted of an 80 % guarantee for a 10-year loan of EUR 4 375 000 with an interest-rate subsidy of 0,89 %, and a government loan of EUR 2 000 000 over 10 years, granted by the Andalusia Innovation and Development Agency (IDEA). As regards cash requirements, Spain stated in the notifi- cation that the debts outstanding at the time of drafting the restructuring measure consisted of: — debts of EUR 2,7 million to suppliers, — debts of EUR 650 000 to the government, — debts of EUR 1,6 million to other undertakings of the A NOVO Group, — other needs deriving from the expansion of activities. All this amounted to cash needs of some EUR 5 million. Apart from the abovementioned injection of fresh capital, the restructuring plan did not provide for any restruc- turing of the company’s activities, organisation and management, nor its workforce. As regards the company’s structure, the plan only described the current areas of activity and the possibilities and prospects for their expansion. (®) BOJA (Official Gazette of Andalusia) No 236, 27.11.2008, p. 6.