FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: The authorities refer to expert studies that estimate cost savings to be about 1,9 % for purely coordinating partnerships, while joint operational activities result in savings of about 5,6 % of overall costs. However, cooperation that is underpinned by equity participation results in cost savings of approximately 11,4 % [28].
Lithuanian: Austrijos valdžios institucijos nurodo į ekspertų tyrimus, kuriuose teigiama, kad tik koordinuojančios partnerystės atveju sumažinama apie 1,9 %, bendros gamybinės veiklos atveju – apie 5,6 %, o kooperacijos, kuri grindžiama kitos įmonės kapitalo finansavimu, atveju – apie 11,4 % visų išlaidų [28].
English: The lower estimate of EUR […] for pension costs is based on the assumption that […] is to be financed. The upper estimate of EUR […] covers the (not unlikely) scenario of employees exercising […].
Lithuanian: Apytikslė apatinė pensijų išlaidų riba – […] EUR grindžiama prielaida, kad reikės finansuoti […], o viršutinė – […] EUR – tuo (tikėtinu) atveju, jei darbuotojai […].
English: NIKI began its observations of 31 March 2009 by stating its opinion that ÖIAG did not act as a market economy investor when it accepted a negative price for its shareholding in Austrian Airlines. Furthermore, it argues that the sale price does not reflect the market price of Austrian Airlines.
Lithuanian: Savo 2009 m. kovo 31 d. pateiktose pastabose NIKI iš pradžių išsakė nuomonę, kad ÖIAG elgėsi ne kaip rinkos ekonomikos sąlygomis veikiantis investuotojas, nes sutiko su neigiama pirkimo kaina už savo turimas Austrian Airlines akcijas, be to, ši kaina neatitinka Austrian Airlines rinkos kainos.
English: It is of the opinion that the public does not see these undertakings as a group. These undertakings operate in different sectors, so the insolvency of Austrian Airlines could not have a negative influence on them.
Lithuanian: NIKI manymu, visuomenė į šias įmones nežiūri kaip į įmonių grupę, be to, įmonės veikia skirtinguose sektoriuose, todėl Austrian Airlines nemokumas negali daryti neigiamo poveikio jų mokumui.
English: In its comments of 8 April 2009, Robin Hood Aviation expresses the opinion that the negative price constitutes State aid and that this State aid will have a negative impact on competition. Furthermore, it will strengthen the dominant position of Austrian Airlines and Lufthansa in the common market, which is why such State aid should be declared incompatible with the common market. Robin Hood Aviation claims that, contrary to the restructuring plan submitted by the Austrian authorities, Austrian Airlines is currently increasing its capacity.
Lithuanian: Robin Hood Aviation savo 2009 m. balandžio 8 d. pateiktose pastabose išsakė nuomonę, kad neigiama kaina yra valstybės pagalba ir ši valstybės pagalba darys neigiamą poveikį konkurencijai, taip pat sustiprins Austrian Airlines ir Lufthansa vyraujančią padėtį bendrojoje rinkoje, todėl tokią valstybės pagalbą reikia paskelbti nesuderinama su bendrąja rinka.
English: In the summer of 2008, Austrian Airlines already reduced its fleet from 105 aircraft to 98 and reduced its long-haul capacity by […]. There is no basis for supposing that Austrian Airlines was pursuing an expansionary strategy on short- and medium-haul routes.
Lithuanian: Austrija tvirtina, kad Austrian Airlines dar 2008 m. vasarą sumažino savo lėktuvų skaičių nuo 105 iki 98, o savo pajėgumus tolimų maršrutų srityje – […], todėl prielaida, kad trumpuose ir tolimuose maršrutuose Austrian Airlines vykdanti plėtimosi strategiją, yra nepagrįsta.
English: The alleged aid is not the subject of the investigation as stated in the Commission’s decision to initiate proceedings. Statements referring to this are therefore inadmissible and irrelevant.
Lithuanian: Austrija pažymi, kad tariama pagalba nėra tyrimo procedūros objektas, kaip nurodyta Komisijos sprendime pradėti procedūrą, todėl tokie teiginiai yra neleistini ir nesvarbūs.
English: The fund does not cover severance payments or monthly salaries exceeding those thresholds. Furthermore, claims arising from collective bargaining agreements or social plans are not covered by the fund.
Lithuanian: Austrijos valdžios institucijos, pažymi, kad fondas nemoka didesnių negu nurodyta išeitinių išmokų ir mėnesinių atlyginimų ir neapmoka išlaidų, susijusių su teisėmis, atsirandančiomis iš kolektyvinių sutarčių ir socialinių planų.
English: In the present case, the Austrian authorities have argued that the notified measure does not constitute State aid because the price, which was the result of an open, transparent and non-discriminatory sales process, is the market price. In the alternative, they have argued that the notified measure does not constitute State aid because ÖIAG acted as a market economy investor would have done in a similar situation, in so far as the alternative scenarios facing ÖIAG were all more expensive and ÖIAG chose the least expensive option.
Lithuanian: Šiuo atveju Austrijos valdžios institucijos tvirtino, kad priemonė, apie kurią pranešta, nėra valstybės pagalba, pirma, dėl to, kad kaina, kuri yra atviros, skaidrios ir nediskriminacinės pardavimo procedūros rezultatas, yra rinkos kaina, antra, dėl to, kad ÖIAG elgėsi taip, kaip būtų elgęsis rinkos ekonomikos sąlygomis veikiantis investuotojas panašioje padėtyje, nes visi alternatyvūs veiksmų planai, kuriuos galėjo rinktis ÖIAG, buvo susiję su didesnėmis išlaidomis ir ÖIAG pasirinko pigesnę galimybę.
English: The mix of aircraft types and ages in Austrian Airlines’ fleet is partly the result of its acquisition of two competitors (Lauda and Tyrolean).
Portuguese: A heterogeneidade, em termos de modelos e de idade, do parque de aeronaves da Austrian Airlines é, em parte, consequência da aquisição de dois concorrentes (Lauda e Tyrolean).
Polish: Zróżnicowanie floty Austrian Airlines pod względem rodzaju oraz wieku statków powietrznych wynika częściowo z faktu przejęcia dwóch konkurencyjnych przedsiębiorstw (Lauda oraz Tyrolean).
Romanian: În mod suplimentar, vârsta medie a flotei Austrian Airlines este de aproximativ […] ani, ceea ce reprezintă […] în comparație cu concurenții.
Lithuanian: Tai, kad Austrian Airlines lėktuvų parkas pagal tipą ir senumą labai nevienodas, iš dalies lemia tai, kad įmonė perėmė du konkurentus (Lauda ir Tyrolean).
English: Furthermore, the fleet is very diverse in comparison with competitors of a similar size.
Portuguese: O parque de aeronaves apresenta também uma grande diversidade em comparação com concorrentes de dimensão semelhante.
Polish: Ponadto flota należąca do Austrian Airlines odznacza się dużą różnorodnością w porównaniu do floty podobnej wielkości konkurencyjnych przewoźników.
Lithuanian: Lėktuvų parkui taip pat būdinga didelė įvairovė, palyginti su panašaus dydžio konkurentais.
English: He noted that the warrant becomes payable following the signing of Austrian Airlines’ financial statements for the year ending 2011. Under the terms of the warrant, the maximum possible additional consideration cannot exceed the amount per share paid to minority shareholders under the Austrian Takeover Act unless Lufthansa increases its offer to the minority shareholders.
Lithuanian: Jis konstatavo, kad išmoka pagal skolininko garantiją turės būti mokama pasirašius Austrian Airlines apskaitos dokumentus už ūkinius metus, kurie baigsis 2011 m. Skolininko garantijos sąlygose teigiama, kad didžiausia galima papildoma išmoka negali būti didesnė negu suma už akciją, kuri mokama smulkiesiems akcininkams pagal Austrijos Įmonių perėmimo įstatymą, jei Lufthansa nepadidins savo pasiūlymo smulkiesiems akcininkams.
English: Austria refers to expert studies which estimate cost savings of approximately 1,9 % for purely coordinating partnerships, while joint operational activities result in savings of approximately 5,6 % of overall costs. However, cooperation that is underpinned by equity participation results in cost savings of approximately 11,4 % [45].
Lithuanian: Austrija nurodo ekspertų tyrimus, iš kurių matyti, kad tik koordinuojančios partnerystės atveju sumažinama apie 1,9 %, bendros gamybinės veiklos atveju – apie 5,6 %, o kooperacijos, kuri grindžiama dalyvavimu kitos įmonės kapitale, atveju – apie 11,4 % visų išlaidų [45].
English: The Commission must evaluate whether Austrian Airlines is capable of making a success of its restructuring within the prescribed time limit. […].
Lithuanian: Komisija turi įvertinti, ar Austrian Airlines yra pajėgi sėkmingai užbaigti savo restruktūrizavimą per nustatytą laiką […].
English: As regards the voluntary payment of social costs in the event of insolvency, Austrian Airlines emphasises that such payments by the controlling shareholder may be imperative for image reasons and in order to prevent social and industrial unrest within ‘sister companies’. Austrian Airlines also explains that a specific form of social partnership (Sozialpartnerschaft) between employers and employees’ representatives is typical in Austria.
Latvian: Attiecībā uz sociālo izmaksu brīvprātīgo maksājumu maksātnespējas gadījumā Austrian Airlines uzsver, ka šādi vairākuma akcionāra maksājumi ir neizbēgami, ņemot vērā ar prestižu saistītus apsvērumus un lai izvairītos no sociālas un darbinieku neapmierinātības “māsas uzņēmumos.”Austrian Airlines arī paskaidro, ka Austrijā esot raksturīgs īpašs sociālās partnerības veids starp darba devējiem un darbinieku pārstāvjiem.
English: The acquisition concept had to include information on the bidder, a strategic concept for the future of Austrian Airlines, a proposal for the transaction structure, information on the planned financing and certain additional information relating to the subject matter of the contract (warranties, guarantees). Only three acquisition concepts [5] were submitted.
Maltese: Il-pjan kellu jinkludi fih informazzjoni dwar minn qed jitfa’ l-offerta, pjan strateġiku għall-futur tal-Austrian Airlines, suġġeriment għall-istruttura tan-negozjati, informazzjoni dwar finanzjament ippjanat kif ukoll informazzjoni addizzjonali dwar il-kontenut tal-kuntratt (garanziji).
English: favours certain undertakings or the production of certain goods, distorts or threatens to distort competition, and
Maltese: iwassal għal distorsjoni tal-kompetittività jew li jista’ jwassal għal distorsjoni tal-kompetittività
English: It expects […] that Austrian Airlines will be able to cover its depreciation, aircraft leasing costs and interest from […]. […].
Maltese: Hija tistenna […], li l-Austrian Airlines tkun fil-pożizzjoni li tkopri l-ħlas ta’ djun, l-ispejjeż għall-kiri ta’ ajruplani u spejjeż relatati ma’ interessi mill-[…] sal-[…].
English: It transmitted the comments to Austria by electronic mail on 15 April 2009. Austria was given the opportunity to respond to those comments. The Commission received Austria’s observations by electronic mail on 8 May 2009.
Dutch: De Commissie heeft deze per elektronische post d.d. 15 april 2009 voor een reactie naar Oostenrijk doorgezonden en heeft diens opmerkingen per elektronische post d.d. 8 mei 2009 ontvangen.
English: In the opinion of the Austrian authorities, the takeover price in the takeover offer is distorted.
Dutch: Volgens de Oostenrijkse autoriteiten geeft de overnameprijs van het overnamebod een vertekend beeld.
English: It does not reflect the true economic value of Austrian Airlines but results from the provisions of the Takeover Act [21].
Dutch: De prijs weerspiegelt niet de werkelijke economische waarde van Austrian Airlines, maar vloeit voort uit de bepalingen van de wet op bedrijfsovernames [21].
English: Post
Polish: Pocztowe
English: Furthermore, Austrian Airlines argues that the estimated cost of the social plan, EUR […] for 7914 employees, is below comparable costs. For Austria Tabak, the cost was EUR […] per employee in 2005 and as much as EUR […] per employee in 2009. Austrian Airlines also gives examples of social plan costs assumed voluntarily in cases of closure/liquidation of subsidiaries and/or production units in Austria.
Slovak: Austrian Airlines okrem toho uvádza, že odhadované náklady sociálneho plánu vo výške […] EUR pre 7914 zamestnancov sú nižšie ako porovnateľné náklady: v prípade spoločnosti Austria Tabak boli v roku 2005 náklady na jedného zamestnanca […] EUR a v roku 2009 dokonca […] EUR. Austrian Airlines okrem toho uvádza príklady dobrovoľne prevzatých nákladov na sociálny plán v prípade zatvorenia/likvidácie dcérskych spoločností a/alebo výrobných miest v Rakúsku.
Polish: Ponadto Austrian Airlines twierdzi, że szacowane koszty realizacji skierowanego do 7914 pracowników planu socjalnego w kwocie […] EUR byłyby niższe od kosztów ponoszonych w podobnych przypadkach: w przypadku Austria Tabak koszt w przeliczeniu na pracownika w roku 2005 kształtował się na poziomie […] EUR, a w roku 2009 na poziomie nawet […] EUR. Ponadto Austrian Airlines przytacza przykłady dobrowolnie przejętych kosztów planu socjalnego w przypadku zamknięcia/likwidacji spółek zależnych lub zakładów produkcyjnych na terytorium Austrii.
English: In addition, a ‘blockage discount’ must also be assumed for ÖIAG’s shareholding. This discount may be imposed to reflect the negative effect on share price when a large block of shares is offered for sale all at once and the market is flooded with sell orders and demand is insufficient to take up supply.
Polish: Ponadto należy również przyjąć istnienie rabatu z tytułu zakupu pakietu udziałów należących do ÖIAG Rabat ten może zostać ustanowiony w celu uwzględnienia negatywnego wpływu na kurs akcji w przypadku gdy duży pakiet udziałów zostanie jednocześnie przeznaczony do sprzedaży, a rynek zostanie zdominowany przez zlecenia sprzedaży, w związku z czym niewystarczający popyt nie będzie w stanie wyrównać podaży.
English: In this regard, the Commission notes that the ‘Go4Profit’ programme was started in 2006 and continued in 2007. Therefore, it cannot really be seen as one continuous plan with the measures notified in December 2008 and revised in April 2009. Accordingly, and for the reasons set out in paragraph 293, the Commission will take only capacity reductions implemented since 2008 into consideration as compensatory measures.
Polish: W odniesieniu do powyższej kwestii Komisja stwierdza, że program „Go4Profit” został wdrożony w 2006 r. i był realizowany również w 2007 r. Plan ten nie może być zatem faktycznie uznany za w całości spójny ze środkami zgłoszonymi w grudniu 2008 r. i zmienionymi w kwietniu 2009 r. W związku z tym, a także ze względu na motywy określone w punkcie 293, Komisja uwzględni jedynie te działania na rzecz zmniejszenia skali działalności oraz te środki wyrównawcze, które były wdrażane od roku 2008.
English: The Austrian authorities submit that this condition should not raise any concerns. The contractual documentation submitted by ÖIAG to the bidders did not contain any obligations in this respect.
Portuguese: As autoridades austríacas afirmam que esta condição não deveria suscitar preocupações, já que o caderno de encargos que a ÖIAG apresentou aos proponentes não estabelecia nenhumas obrigações a este respeito.
English: Rating downgrade (Standard & Poor’s) Parent company
Portuguese: Redução da notação de risco (Standard & Poor’s)
English: Postbank
Portuguese: Post
English: BHW Bausparkasse
Portuguese: Postbank
English: from A– to BBB+ Post
Portuguese: de A– para BBB+
English: from A+ to A from A+ to A
Portuguese: de A + para A
English: In view of the above, the Commission can conclude that the price paid by Lufthansa is in the range between EUR […] million and EUR […] million, depending on the payout under the debtor warrant (see Table 11 below). Table 11
Portuguese: Quadro 11 Discriminação do preço pago pela Lufthansa
English: (in EUR million) Price paid by Lufthansa for ÖIAG’s shareholding
Portuguese: Preço pago pela Lufthansa pelas participações da ÖIAG
English: It follows from the above that the price paid by Lufthansa for ÖIAG’s stake is between EUR […] and EUR […]. This must be compared with a going-concern value for Austrian Airlines of between EUR […] and EUR […], with a mid-range value of EUR […].
Portuguese: À luz do acima exposto, o preço que a Lufthansa pagou pelas participações da ÖIAG situar-se-á entre […] EUR e […] EUR. Este preço deve ser comparado com o valor de continuidade da Austrian Airlines, que se situa entre […] EUR e […] EUR, ou seja, […] EUR em média.
English: The Austrian authorities have argued that the decision to sell their stake in Austrian Airlines to Lufthansa at a negative price was the least expensive of the various options open to them. The other options were structured liquidation, the stand-alone scenario and the insolvency scenario.
Portuguese: As autoridades austríacas argumentaram que a decisão de vender a sua participação na Austrian Airlines à Lufthansa por um preço negativo era a melhor opção em termos de custos, comparando com as outras opções que eram a liquidação estruturada, o cenário de autonomia e o cenário de insolvência.
English: The Commission must therefore assess whether the restructuring plan complies with the provisions of the applicable guidelines. The basic principle (point 31 of the 2004 Guidelines) is to ‘allow the grant of restructuring aid only in circumstances in which it can be demonstrated that it does not run counter to the Community interest.
Portuguese: Falta assim à Comissão avaliar se o plano de reestruturação cumpre o disposto nas orientações aplicáveis, cujo princípio básico (ponto 31 das Orientações de 2004) consiste em «autorizar um auxílio à reestruturação apenas nos casos em que se possa demonstrar que a sua concessão não é contrária ao interesse da Comunidade.
English: Based on the above, the Commission has reached the conclusion that the total overall restructuring costs will amount to approximately EUR […] million (or EUR […] if Lufthansa does not reduce Austrian Airlines’ debts by EUR […]), while the level of own contribution (contributed jointly or severally by Austrian Airlines and/or Lufthansa) amounts to EUR […] (or EUR […]). This amounts to 64 % (or 52 %) of the restructuring costs.
Portuguese: Com base no acima exposto, a Comissão chegou à conclusão de que os custos de reestruturação totalizam cerca de […] milhões de EUR (ou […] EUR no caso de a Lufthansa não reduzir a dívida da Austrian Airlines em […] EUR), correspondendo a contribuição própria (individual ou conjunta da Austrian Airlines e/ou da Lufthansa) a […] EUR (ou […] EUR), o que equivale a 64 % (ou 52 %) dos custos de reestruturação.
English: The Commission notes that, in this specific case, the assumptions underpinning the baseline scenario are justified, particularly with regard to the […]. Furthermore, the average age of Austrian Airlines’ fleet is approximately […] years, which is […] compared with that of its competitors.
Romanian: Comisia constată că prezumțiile pe care se fondează scenariul de bază sunt justificate în această situație distinctă, în special cu privire la […].
English: Furthermore, the fleet is very diverse in comparison with competitors of a similar size. The Commission notes that, on the basis of these two factors, […] should be taken into account in the baseline scenario, even if the company is in financial difficulties and given the importance of savings in restoring profitability in the industry.
Romanian: Inconsistența naturii și a vechimii aparatelor de zbor ale Austrian Airlines rezultă în parte prin preluarea a două firme concurente (Lauda și Tyrolean), flota prezentând în mod suplimentar un grad ridicat de diversitate în comparație cu concurenții de aceeași mărime.. Comisia constată că acești doi factori […] trebuie luați în calcul în scenariul de bază, chiar dacă întreprinderea se confruntă cu dificultăți financiare și ținând cont de semnificația reducerii cheltuielilor pentru restabilirea rentabilității în acest sector.
English: This corresponds to […]. The difference from Lufthansa’s borrowing ratio of […] comes to EUR […].
Romanian: Diferența față de gradul de îndatorare al Lufthansa, de […], este de […].
English: Achievable cost synergies in addition to the existing cooperation are estimated by Lufthansa to be approximately EUR […] a year. There would also be revenue synergies of approximately EUR […] a year, resulting in particular from […].
Slovak: Spoločnosť Lufthansa odhaduje ročné synergie nákladov, ktoré je možné dosiahnuť prostredníctvom existujúcej spolupráce, na približne […] EUR. K tomu sa pripočítajú ročné synergie zisku vo výške približne […] EUR, ktoré vyplývajú najmä z […].
English: The Austrian authorities also dispute NIKI’s assertion that Austrian Airlines has already received State aid in a variety of ways in the past. The alleged aid is not the subject of the investigation as stated in the Commission’s decision to initiate proceedings.
Slovak: Rakúske orgány takisto popierajú tvrdenie spoločnosti NIKI, že Austrian Airlines už v minulosti získala štátnu pomoc rôznymi spôsobmi: uvedená údajná pomoc nie je predmetom konania vo veci formálneho zisťovania, ako sa uvádza v rozhodnutí Komisie týkajúcom sa začatia konania.
English: Owing to the regulatory and other particularities of the air transport sector, the value of an airline is largely determined by intangible assets, such as slots and air traffic rights. As such, both the seller and the buyer would see maintaining these rights as positive for potentially maintaining the value of the company.
Slovak: Vzhľadom na regulačné a iné osobitosti odvetvia leteckej dopravy sa hodnota leteckej linky určuje väčšinou na základe nehmotného majetku, ako napríklad prevádzkových intervalov a dopravných práv. Preto zachovanie týchto práv považuje predávajúci aj kupujúci za pozitívny prvok s cieľom prípadne chrániť hodnotu podniku.
English: However, Lufthansa points out that Austrian Airlines is burdened with annual interest costs of roughly EUR […] as a result of significant interest-bearing financial liabilities and pension provisions. Net profitability will be achieved […].
Slovak: Lufthansa však poukazuje na skutočnosť, že Austrian Airlines je na základe podstatných úročených finančných záväzkov a záväzkov týkajúcich sa dôchodkov zaťažená ročnými úrokovými nákladmi vo výške približne […] EUR. Dosiahne sa limit čistého zisku […].
Slovenian: Vendar Lufthansa opozarja, da je Austrian Airlines zaradi velikih obrestovanih finančnih in pokojninskih obveznosti obremenjen z letnimi stroški obresti v višini približno […] EUR. Prag čistega dobička bo dosežen […].
English: By 31 April 2010, Austria shall also indicate the steps taken to implement Article 2(4). Every year until 2015, Austria shall submit annual reports to the Commission on the implementation of the restructuring plan and the capacity growth rates.
Slovak: Do 31. apríla 2010 Rakúsko oznámi opatrenia, ktoré realizovalo na uplatňovanie článku 2 ods. 4 Každý rok do roku 2015 Rakúsko predloží Komisii výročnú správu o realizácii plánu na reštrukturalizáciu a o úrovniach zvyšovania kapacít.
English: annual leave payments, and termination payments.
Slovenian: odškodnine zaradi odpovedi pogodbe o zaposlitvi.
English: In this regard, the Austrian authorities point out that the restructuring costs of Austrian Airlines (without the rescue aid of EUR 200 million, which must be repaid after the takeover has been completed) amount to approximately EUR […].
Swedish: I detta sammanhang hänvisar de österrikiska myndigheterna till att omstruktureringskostnaderna för Austrian Airlines (utan undsättningsstödet på 200 miljoner euro, som ska återbetalas efter avslutat övertagande) uppgick till omkring […] euro.
English: They are summarised in the table below.
Swedish: Dessa sammanfattas i nedanstående tabell.