FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: Following the meeting the Commission, by letter of 22 June 2007, requested further information. Poland replied by letter of 13 July 2007, registered on that day.
French: À la suite de cette réunion, la Commission a demandé aux autorités polonaises, le 22 juin 2007, de lui fournir des informations supplémentaires, qui lui ont été communiquées par lettre du 13 juillet 2007, enregistrée le jour même.
English: After being granted an extension of the deadline for the submission of its comments (requests of 30 October 2007 and 6 December 2007, to which the Commission replied in letters of 20 November 2007 and 19 December 2007 respectively), Poland submitted its comments by letter of 15 January 2008, registered on that day. The Commission has also received comments from 13 third parties, including the beneficiary.
French: Après prolongation du délai de présentation des observations (demandes des 30 octobre et 6 décembre 2007 auxquelles la Commission a répondu, respectivement, par lettres des 20 novembre et 19 décembre 2007), la Pologne a transmis ses observations par lettre du 15 janvier 2008, enregistrée le jour même.
English: This plan was amended in February 2006 (‘February Plan’). The Commission delivered its decision of 20 December 2006 on the basis of that plan.
French: Ce plan a été modifié en février 2006 (ci-après «le plan de février») et c’est sur la base de ce plan que la Commission a adopté la décision du 20 décembre 2006.
English: This problem was addressed by separating the part of the company directly linked to production from the parts to be sold. This was the reason for the temporary creation of the independent HSW-Trading by HSW.
French: Ce problème a été résolu en séparant les activités de l’entreprise directement liées à la production de celles destinées à être vendues, ce qui explique la création provisoire de la filiale HSW-Trading par HSW.
English: Rzeszów Branch
Italian: Filiale di Rzeszòw
Dutch: Filiaal Rzeszów
Hungarian: Rzeszówi Kirendeltség
Maltese: Il-Fergħa ta’ Rzeszów
English: HSW achieved a profit for the first time in 2005. It also made a profit in the first half of 2006.
Polish: HSW po raz pierwszy osiągnęła zysk w 2005 r. W pierwszej połowie 2006 r. również przyniosła zyski.
Hungarian: A HSW először 2005-ben könyvelhetett el nyereséget, és 2006 első felében is nyereséges volt.
Lithuanian: HSW pirmą kartą gavo pelno 2005 m. Pirmojoje 2006 m. pusėje taip pat buvo gauta pelno.
English: The following banks cooperating with HSW submitted comments: Bank Pekao SA by letter of 11 January 2008 and BRE Bank S.A by letter of 14 January 2008. Finally comments were submitted by ENESTA Sp. z o.o.
Italian: Hanno inoltre presentato osservazioni le banche che collaborano con la HSW Bank Pekao SA, con lettera dell’11 gennaio 2008 e la BRE Bank S.A con lettera del 14 gennaio 2008, l’impresa ENESTA S.r.l.
English: Since September 2006, the latter has been fully controlled by HSW. Previously, however, 51 % of the shares of Dressta were owned by Komatsu American International Company USA (hereinafter referred to as KAIC), a competitor of HSW. In 1995 HSW transferred licenses and assets relating to its sales on foreign markets to Dressta for a period of 12 years.
Italian: Dal settembre 2006 essa è interamente controllata dalla HSW S.A., ma in precedenza il 51 % delle sue quote apparteneva alla Komatsu American International Company USA (in seguito «KAIC»), impresa concorrente di HSW S.A. Nel 1995 la HSW S.A. ha trasferito alla Dressta per un periodo di 12 anni le licenze e i beni patrimoniali relativi alla vendita dei prodotti della società sui mercati esteri.
English: This division was to last from 2004 to 2006, i.e. throughout the restructuring of HSW. HSW-Trading was to merge with HSW again at the end of 2006.
Italian: Tale separazione avrebbe dovuto continuare nel periodo 2004-2005, ossia per l’intero periodo di ristrutturazione di HSW S.A. Alla fine del 2006, la HSW-Trading avrebbe dovuto ricongiungersi alla HSW.
English: It was therefore necessary to demonstrate that this aid had had no spillover effects on the parent company, HSW. Poland was also asked to assure the Commission that the restructuring aid to HSW, if allowed, would have no spillover effects on HSW — Zakład Zespołów Mechanicznych.
Italian: In realtà, una sussidiaria di HSW, la HSW-Zakład Zespołów Mechanicznych, aveva ottenuto, prima dell’adesione della Polonia all’Unione europea, un aiuto alla ristrutturazione per gli anni 2003-2007; occorreva pertanto dimostrare che tale aiuto non aveva procurato un vantaggio alla società madre HSW S.A. Dal canto suo, alla Polonia si chiedeva di garantire alla Commissione che l’aiuto alla ristrutturazione concesso a HSW, se autorizzato, non avrebbe procurato vantaggi a HSW-Zakład Zespołów Mechanicznych.
English: The Commission noted, in the decision to initiate the formal investigation procedure, that HSW — Zakład Zespołów Mechanicznych received restructuring aid granted before accession for the period 2003-2007. It therefore had to be demonstrated that this restructuring aid had had no spillover effects on the parent company. The Polish authorities were also asked to assure the Commission that the restructuring aid to HSW, if approved by the Commission, would not have spillover effects on HSW — Zakład Zespołów Mechanicznych.
Italian: Nella decisione sull’avvio del procedimento di indagine formale la Commissione ha rilevato che la HSW-Zakład Zespołów Mechanicznych aveva ottenuto, prima dell’adesione della Polonia nell’Unione europea, un aiuto alla ristrutturazione per gli anni 2003-2007; occorreva pertanto dimostrare che tale aiuto non aveva procurato un vantaggio alla società madre HSW S.A. La Commissione chiedeva inoltre alla Polonia la garanzia che l’aiuto alla ristrutturazione concesso a HSW S.A., se autorizzato, non avrebbe procurato vantaggi a HSW-Zakład Zespołów Mechanicznych.
English: The Polish authorities also claimed that the planned deferral and payment in instalments of public-law liabilities of PLN 22,1 million (EUR 5,2 million) (item 28 in Table 4) should be treated as a de minimis measure. The methodology used by the Polish authority to calculate the aid amount compares the interest rate applied to the deferral with the Commission reference rate. The Polish authorities concluded that a measure is free of aid whenever the applied interest rate is higher than the reference rate. This, according to the Polish authorities, is the case of the deferral of liabilities to the Social Insurance Fund, which amount to PLN 16,4 million (item 29 in Table 4).
Lithuanian: Lenkijos valdžios institucijos teigė, kad taip buvo tuo atveju, kai Socialinio draudimo įstaiga išdėstė įsipareigojimų mokėjimą 16,4 mln. PLN dydžio dalinėmis įmokomis (4 lentelės 29 pozicija).
English: Furthermore, the debt-to-equity swap was granted only in July 2007. The Commission therefore concludes that the 2004 Guidelines apply to the present case with regard to both the notified and the non-notified measures, since they all relate to a single restructuring plan.
Lithuanian: Be to, skolos buvo paverstos akcijomis tik 2007 m. liepos mėn. Todėl Komisija konstatuoja, kad pagalbos priemonėms, ir toms, apie kurias buvo pranešta, ir apie kurias pranešta nebuvo, turi būti taikomos 2004 m. gairės, nes visos tos priemonės susijusios su vienu restruktūrizavimo planu.
English: However the Commission was also informed by Poland in its letter dated 7 March 2006 about additional measures granted to HSW in breach of Article 88(3) of the EC Treaty. The measures described in rows III and IV of Table 5 were all granted after December 2004 and hence after the publication of the 2004 Guidelines. Furthermore, the debt-to-equity swap was granted only in July 2007. The Commission therefore concludes that the 2004 Guidelines apply to the present case with regard to both the notified and the non-notified measures, since they all relate to a single restructuring plan.
Polish: Władze polskie poinformowały jednak Komisję o dodatkowych środkach pomocy przyznanych niezgodnie z warunkami określonymi w art. 88 ust. 3 Traktatu na rzecz HSW również pismem z dnia 7 marca 2006 r. Wszystkie środki opisane w wierszach III i IV tabeli 5 przyznano po grudniu 2004 r., czyli po opublikowaniu wytycznych z 2004 r. Ponadto konwersji zadłużenia na akcje dokonano dopiero w lipcu 2007 r. Komisja stwierdza zatem, że w niniejszej sprawie, zarówno w odniesieniu do zgłoszonych, jak i niezgłoszonych środków pomocy, zastosowanie powinny mieć wytyczne z 2004 r., ponieważ wszystkie te środki dotyczą jednego i tego samego planu restrukturyzacji.
English: Furthermore, there will be no reduction on the debit side of the balance sheet caused by the repayment of loans. This will also increase the share of equity on the balance sheet, improving both the relative level of indebtedness and HSW’s creditworthiness.
Portuguese: Além disso, não haverá redução na coluna do balanço correspondente aos débitos devido ao reembolso de empréstimos, o que aumentará igualmente a parte de capital no balanço, melhorando tanto o nível relativo de endividamento como a solvabilidade da HSW.
English: The beneficiary’s difficulties began in 2002, when its turnover dropped from PLN 494,9 million (EUR 117,3 million) in 2000 to PLN 352,6 million (EUR 83,5 million), a fall of 29 %. Its exports fell from PLN 505 million (EUR 119,7 million) to PLN 279 million (EUR 66,1 million).
Romanian: Dificultățile beneficiarului au început în 2002, în urma unei scăderi a cifrei de afaceri cu 29 %, de la 494,9 milioane PLN (117,3 milioane EUR) în 2000, la 352,6 milioane PLN (83,5 milioane EUR).Exporturile sale au scăzut de la 505 milioane PLN (119,7 milioane EUR) la 279 de milioane PLN (66,1 milioane EUR).
English: Rzeszów Branch Write-off of unpaid contributions and interest
Romanian: Scutirea de la plata contribuțiilor neplătite, plus dobânda aferentă
English: In addition, as regards the profit and loss account, there will be no need to pay interest (a total of PLN 21,2 million) on the loans. Instead HSW would only have to pay potential dividends to the shareholders (including the ARP) in the event of distributable profits.
Slovak: Okrem toho, pokiaľ ide o výkaz ziskov a strát, nemuseli by sa platiť žiadne pravidelné splátky úrokov spojené s pôžičkou (úroky v celkovej výške 21,2 milióna PLN), ale iba prípadné dividendy akcionárom (vrátane ARP) v prípade rozdeliteľného zisku.