SALE ADVERTISEMENT OF SC AVIOANE CRAIOVA SA SHARES THROUGH NEGOTIATION BASED ON FINAL, IMPROVED AND IRREVOCABLE BIDS
The Authority for State Assets Recovery (AVAS), registered office in Bucharest, Str. Cpt. Av. Alexandru Serbanescu, nr. 50, sector 1, Romania, offers for sale by way of negotiation based on final, improved and irrevocable bids under the Urgency Ordinance no. 88/1997 provisions approved by Law 44/1998 subsequently amended and added to, Law no. 137/2002 subsequently amended and added to and Methodological Norms approved by the GD no. 577/2002 subsequently amended and added to, a number of 741,339 shares, representing 80.9778% of the share capital of the company AVIOANE CRAIOVA S.A. registered office in Ghercesti, str. Aviatorilor nr. 10, Dolj county, Unique registration code: 2326144, Fiscal attribute: R, registration no. with the Register of Trade Office J 16/1214/1991, core business: CAEN Code 3530 – aircraft and ship construction and repairs.
The European Commission keeps under supervision all the existent state aids from the member states
In Romania, for the purpose of endorsing the art. 87-89 of the Setup Treaty of the European Community and of the secondary legislation enacted on their ground, and for regulating the national procedures regarding the state aid, it was issued The Emergency Ordinance no. 117 as of December 21, 2006, which rescinded Law 143/1999 concerning the state aid.
The provisions of the Emergency Ordinance do not apply to the state aid for agriculture and pisciculture, granted in accordance with the provisions of the art. 32 of the European Community Setup Treaty.
