22/12/2005 (Agence Europe) - The European Commission has initiated a formal in-depth investigation into aid granted to Chemobudowa Kraków, a state-owned building company. Poland has notified two measures supporting the restructuring of Chemobudowa, both amounting to €2.67 million and has informed the Commission about other measures in favour of the company granted during the restructuring period. Poland claims that the latter do not constitute state aid. The Commission has doubts as to the compatibility of the notified measures and as to the absence of aid as regards the other measures. According to the Polish authorities, they do not constitute state aid as part of them is below the 'de minimis' threshold (maximum €100,000 in three consecutive years). As for the remaining measures, the Polish authorities claim that a private creditor would have accepted such arrangements. The Commission also has doubts that the private contribution to the financing of the restructuring is sufficient to ensure the company becomes viable once more.