No L 5/18 Official Journal of the European Communities 8. 1.91 (Acts whose publication is not obligatory) COMMISSION COMMISSION DECISION of 20 December 1989 concerning aids in Spain which the central and several autonomous governments have granted to Magefesa, producer of domestic articles of stainless steel, and small electric appliances (Only the Spanish text is authentic) (91/1/EEC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular the first subpara- graph of Article 93 (2) thereof, Having given notice in accordance with the above Article to interested parties to submit their comments and having regard to those comments, Whereas : Magefesa is the name of a Spanish holding basically formed by four industrial companies with factories in three different Spanish autonomous Communities, namely : ‘ — Indosa : Derio (Vizcaya), — Basque Country, — Gursa : Guriezo, — Cantabria, — Cunosa : Limpias, — Cantabria, — Migsa: San Roque (Cadiz)) — Andalusia. Magefesa has been a widely known producer in Spain. In 1983, according to estimates by private consultants, the market shares for its basic product range reached the following figures: pressure cookers (79,1 %), pans (50,7 %), stainless steel cutlery (24,2 %), electric coffee makers (36,6 %) and electric grills (85,5 %). For the same year its consolidated turnover amounted to Pta 12144 million with an export rate .of 26 %. As regards the exports'to other Member States, they accounted for 12 % of the global sales volume. " After 1983 Magefesa started to experience serious finan- cial difficulties. In this respect, suffice to say that its turnover passed from Pta 8 037 million in 1984 to Pta 1 979 million in 1986 ; in other words its global sales fell by 88 % in three years. On the other hand, the accumu- lated losses at the end of 1986 exceeded Pta 15000 million and the group’s net worth amounted to — Pta 11 000 million. This situation placed Magefesa on the verge of bankruptcy. According to the explanations put forward at the time, such a glaring decline was caused by significant failures in management. Apparently this process of loss of predominance on national market still became more acute when Magefesa attempted to counter its effects by embarking on high-risk operations abroad that finally proved irrecoverable. Despite those problems Magefesa’s labour force stayed pratically constant ; at the beginning of 1986 it employed 3 200 persons with the following geographic distribution : 1 472 workers in the Basque Country; 1 354 in Cantabria; 123 in Andalusia; the remaining 251 people corresponded to the sales network. ' With a view to preventing a standstill at its factories and eventual bankruptcy, in November 1985 Magefesa committed its management to a Spanish private consul- ting firm, Gestiber. In February 1986 this firm presented an action programme for negotiation with the trade unions, finally accepted in May 1986. For its implementa- tion, this programme relied on the active participation of