FACTBOX-German companies seek state support
June 4 (Reuters) - The German government is offering around 115 billion euros ($163.1 billion) in public support for companies hurt by the global economic crisis via what it calls the Germany Fund.
State development bank KfW [KFW.UL] is providing 40 billion euros in loans to companies that can prove they were healthy before the crisis hit. Creditor banks can also apply for government loan guarantees.
Here is a list of companies that have sought state support or have been reported considering such a move.
For a separate list on bank aid click on: [ID:nLI51282]
HEIDELBERGER DRUCKMACHINEN (HDDG.DE) is set to be the first company to get state aid once parliament's budget committee approves it. The world's biggest printing machine maker has sought a loan of around 300 million euros and 400 million in guarantees, according to a company source.
ARCANDOR (AROG.DE) has said it wants 650 million euros in guarantees plus a KfW loan for 200 million euros by June 12. But the retail and tourism group's chances of receiving state aid faded after the European Commission said on Wednesday it would not qualify for the German government's bailout programme.
OPEL, the European unit of General Motors GMGMQ.PK, got 1.5 billion euros in bridge financing from the state as it seeks to complete a deal to sell a majority stake to Canadian car parts group Magna (MGa.TO) and its Russian partner Sberbank (SBER03.MM).
Opel wants 4.5 billion in European state guarantees to help tide it over for the next few years.
PORSCHE (PSHG_p.DE) has said it will ask KfW for a 1.75 billion euro loan but without state guarantees. The carmaker is struggling with a 9 billion euro net debt load built up in its attempt to seize control of Volkswagen (VOWG.DE). [ID:nL31021600]
HEIDELBERGCEMENT (HEIG.DE), the stricken group controlled by the son of late billionaire Adolf Merckle, is mulling an application for German state aid, a source directly involved in the talks said. [ID:nLS939058]
INFINEON (IFXGn.DE) has been angling for state aid as the chipmaker grapples with a sharp downturn in demand, with Financial Times Deutschland reporting that it had asked for 500 million euros in loan guarantees. The company has declined comment on where the matter stands.
