{
  "url": "https://openlegislation.uk/eu-decision-2019-1144/annex-TECHNICAL/division-2/division-25",
  "json_url": "https://openlegislation.uk/eu-decision-2019-1144/annex-TECHNICAL/division-2/division-25.json",
  "legislation": "eudn/2019/1144",
  "legislation_title": "Commission Decision (EU) 2019/1144 of 17 December 2018 on the State aid SA.36086 (2016/C) (ex 2016/NN) implemented by Romania for Oltchim SA (notified under document C(2018) 8592) (Only the Romanian version is authentic) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2019-1144",
  "path": "annex/TECHNICAL/division/2/division/25",
  "kind": "division",
  "number": "(25)",
  "heading": null,
  "text": "According to R/BDO, Oltchim's restart in case of a liquidation involving assets being sold in-situ would have implied EUR 2,5 million of start-up costs; therefore those costs have been deducted from the price offered by a potential purchaser in case of liquidation in-situ . 50 % of them have been modelled in the reference scenario as only half of the assets' value is assumed to be sold as a functional group and to remain operated as a plant, thus needed to be restarted, while the remainder is assumed to be sold at scrap value.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "50 % of those costs were taken into account in the reference scenario that assumes that only a part of Oltchim assets are taken over in one bulk with a view to operate them, the remainder being sold individually."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2019/1144/annex/TECHNICAL/division/2/division/25",
    "retrieved_at": "2026-11-01T15:12:39.012123+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}