FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: The aid recipient is Gdynia Shipyard. The firm is based in the Gdańsk-Gdynia-Sopot region in the north of Poland.
French: Le bénéficiaire de l'aide financière est le chantier naval de Gdynia, entreprise implantée dans l'agglomération formée par Gdansk, Gdynia et Sopot (nord de la Pologne).
Italian: Il beneficiario degli aiuti è Stocznia Gdynia, cantiere navale con sede nella regione di Danzica-Gdynia-Sopot a nord della Polonia.
Dutch: De begunstigde van de toegekende staatssteun is Stocznia Gdynia, gevestigd in het noorden van Polen in de regio Gdańsk-Gdynia-Sopot.
English: As at August 2007, Gdynia Shipyard had a workforce of 4611, 68 % of whom were directly linked to the production process [9]. This represents a reduction of 26 % on December 2004, when the yard employed 6249 persons [10].
French: En août 2007, le chantier naval de Gdynia employait 4611 travailleurs [9] (dont 68 % directement impliqués dans le processus de production), soit 26 % de moins qu'en décembre 2004, lorsque le chantier employait 6249 travailleurs [10].
English: Poland explained by letter of 20 February 2006 that a consolidation plan had indeed been envisaged previously but that it had been discarded and a new restructuring strategy for the Polish shipbuilding sector would be adopted shortly. (104) At the meeting of 22 February 2006 and by letter of 13 March 2006 the Polish authorities informed the Commission that the 2004 restructuring plan was outdated and had to be amended. The Polish authorities undertook to submit the amended restructuring plan by June 2006. The Polish authorities also presented the main features of the new restructuring strategy for the Polish shipbuilding sector. First, Gdańsk Shipyard was to be separated from the Gdynia Shipyard Group as soon as possible. Second, the Government was to allow an injection of private capital into the Gdańsk and Gdynia shipyards with the long-term objective of fully privatising the yards.
French: Par lettre du 20 février 2006, la Pologne a répondu en expliquant qu'un plan de consolidation avait en effet été envisagé par le passé, mais qu'il avait été abandonné et qu'une nouvelle stratégie de restructuration de l'industrie de la construction navale polonaise serait adoptée sous peu.
English: At end-2005 equity amounted to – PLN 285,4 million. It was planned to improve the yard’s equity situation in 2006-2007 by way of a capital injection of PLN 1015 million in total: a capital increase of PLN 500 million in 2006 was to be financed by private investors and a capital increase of PLN 515 million in 2007 by a private or public investor. (d) Target figures at the end of restructuring — restoration of long-term viability (134) At the end of the restructuring period in 2009 the shipyard’s production is expected to be 298610 CGT, against 279258 CGT in 2006.
French: À la fin de 2005, ses fonds propres s'élevaient à – 285,4 millions de PLN.
English: The joint restructuring plan refers to the failure of the 2006 restructuring plan to restore the yard’s viability and identifies the causes for the current financial difficulties of both shipyards. These include in particular the failure to privatise the yard and the related failure to raise the yard’s capital to levels permitting restructuring, and the fact that the yard did not receive sufficient amounts of State aid.
French: Le plan de restructuration commun rappelle l'échec du plan de restructuration de 2006, qui devait rétablir la viabilité à long terme du chantier naval, et expose les raisons des difficultés financières actuelles que connaissent les deux chantiers, au nombre desquelles en particulier l'échec de la privatisation et, de ce fait, l'impossibilité de porter le capital du chantier naval à un niveau qui permettrait une restructuration, ainsi que l'insuffisance des aides d'État.
Italian: Il piano di ristrutturazione comune faceva riferimento all’incapacità di quello del 2006 di recuperare la redditività del cantiere e identificava le cause delle difficoltà finanziarie correnti in cui versavano ambedue le strutture, tra cui, in particolare, la mancata privatizzazione di Stocznia Gdynia e la conseguente incapacità di portarne il capitale a livelli che ne consentissero la ristrutturazione, oltre al fatto che il cantiere non aveva ricevuto sufficienti aiuti di Stato.
Portuguese: O plano conjunto de reestruturação menciona a incapacidade do plano de reestruturação de 2006 para recuperar a viabilidade do estaleiro e identifica as causas das actuais dificuldades financeiras sentidas por ambos os estaleiros, incluindo, designadamente, a incapacidade de privatizar o estaleiro, o fracasso associado da tentativa de aumentar o seu capital para níveis que permitissem a reestruturação e o facto de este não ter recebido montantes suficientes de auxílios financeiros.
English: The September joint restructuring plan provided additional information on the investment loan for the windmill project (item 15). It includes a summary of the windmill project that was to be submitted to various banks for consideration.
French: Le plan de restructuration commun de septembre contient des informations supplémentaires sur le prêt d'investissement destiné au projet de construction de mâts d'éoliennes (mesure 15), ainsi qu'un résumé de ce projet qui devait être présenté à différentes banques pour examen.
Italian: Il piano di ristrutturazione comune di settembre conteneva ulteriori informazioni sul prestito per investimenti nel progetto relativo ai mulini a vento (punto 15) con una sintesi del progetto da sottoporre all’attenzione di varie banche.
Dutch: In het gecombineerde herstructureringsplan van 12 september 2008 is aanvullende informatie over de investeringsleningen ten behoeve van het windmolenproject (punt 15) opgenomen, waaronder een samenvatting van het project dat was bedoeld voor overlegging aan de verschillende banken.
English: An independent valuation of the land was attached to the September plan. This valuation does not indicate the current market price of the land, but estimates its value to an investor purchasing it for development purposes (apartments, office buildings).
French: Par ailleurs, le plan de septembre est accompagné d'une estimation indépendante de la valeur des biens immobiliers qui ne tient pas compte de leur prix actuel sur le marché, mais se fonde sur une estimation de la valeur que ces biens pourraient avoir pour un investisseur qui les achèterait à des fins de promotion immobilière (construction d'appartements ou de bâtiments à vocation administrative).
English: The June joint restructuring plan anticipated the following growth trends in wages: 7,6 % in 2009, 7 % in 2010, 6 % in 2011 and around 5 % after 2012. The September plan forecasts a lower rate of increase: 5,8 % in 2009, 5 % in 2010, 4 % in 2011 and 2012 and 3 % p.a. after 2012 [33].
French: Le plan de restructuration commun de juin prévoyait l'augmentation des salaires comme suit: 7,6 % en 2009, 7 % en 2010, 6 % en 2011 et environ 5 % en 2012; dans le plan de restructuration de septembre, le rythme de l'augmentation envisagé est plus faible: 5,8 % en 2009, 5 % en 2010, 4 % en 2011 et 2012 et 3 % après 2012 [33].
Polish: Wspólny plan restrukturyzacji z czerwca zakładał wzrost wynagrodzeń kształtujący się w sposób następujący: 7,6 % w 2009 r., 7 % w 2010 r., 6 % w 2011 r. oraz około 5 % po 2012 r. Plan restrukturyzacji z września przewiduje niższe tempo wzrostu: 5,8 % w 2009 r., 5 % w 2010 r., 4 % w 2011 i 2012 r. i 3 % po 2012 r. [33].
Lithuanian: Bendrame birželio mėn. restruktūrizavimo plane buvo numatyta, kad darbo užmokestis augs taip: 2009 m. – 7,6 %, 2010 m. – 7 %, 2011 m. – 6 % ir apie 5 % po 2012 m. Rugsėjo mėn. restruktūrizavimo plane numatytas mažesnis darbo užmokesčio augimas: 2009 m. – 5,8 %, 2010 m. – 5 %, 2011 m. ir 2012 m. – 4 %, po 2012 m. – 3 % [33].
English: The main change in financial projections in the September plan compared with the June plan concerns revenue from sales of vessels and from non-shipbuilding activities. In particular the September plan forecasts substantially higher prices for car carriers, one of the two main products, a changed assumption which heavily influences the profit and loss account forecasts.
French: La principale différence entre les prévisions financières adoptées dans le plan de restructuration de septembre et celles adoptées dans le plan de juin concerne les bénéfices qu'il est prévu de tirer de la vente des navires et de l'activité autre que de construction navale; le plan de septembre prévoit en particulier des prix nettement plus élevés pour les transbordeurs de véhicules, un des deux produits phares du chantier naval; ce changement d'hypothèse influence considérablement les prévisions de bénéfices et de pertes.
English: This information was provided by Poland on 9 January 2008. Poland confirmed in that letter that Gdynia Shipyard had not been settling its public-law liabilities regularly.
French: La Pologne a transmis ces informations par lettre du 9 janvier 2008, en confirmant que le chantier naval de Gdynia ne s'acquittait pas régulièrement de ses obligations à l'égard d'organismes publics.
English: Item No Awarding authority
French: Organisme chargé de l'octroi de l'aide
English: Activity of KPS according to the articles of association Loan agreement No 2/7/2006 24.7.2006 3.8.2006
French: Activité statutaire de KPS
English: The Commission agrees with the recipient that the event which gave rise to the partial write-off of public-law liabilities under Chapter 5a was the adoption of the restructuring decision by the Chairman of the Industrial Development Agency. The Commission, however, cannot accept the submission that this decision was adopted on 19 April 2004, i.e. prior to accession.
French: La Commission est d'accord avec la position du bénéficiaire que l'événement décisif qui a donné lieu à l'annulation partielle des dettes à l'égard d'organismes publics, conformément à la procédure du chapitre 5a, a été l'adoption de la décision de restructuration par le président de l'ARP. toutefois, la Commission ne peut pas être d'accord avec la constatation que la décision a été prise le 19 avril 2004, c'est-à-dire avant l'adhésion de la Pologne à l'UE.
English: The Commission then assesses the measures disputed by Poland. Finally, the Commission considers the circumstances in which the aid covered by this decision was granted and its impact on competition.
French: Ensuite la Commission examine les mesures contestées par la Pologne et enfin les conditions dans lesquelles l'aide couverte par la présente décision a été accordée et son impact sur la concurrence.
English: For example the guarantee premium for a company belonging to the highest risk category corresponds to […] % p.a. for guarantees under 2 years and […] % p.a. for guarantees above 2 years. The base premium is equal to […] % p.a.
French: Par exemple, la prime de garantie pour une entreprise appartenant à la catégorie de risque la plus élevée correspond à […] % p.a. pour des garanties inférieures à 2 ans et […] % p.a. pour des garanties de plus de 2 ans.
Slovak: Napríklad, záručná provízia pre spoločnosť patriacu do kategórie najvyššieho rizika zodpovedá […] % p. a. pri zárukách do 2 rokov a […] % p. a. pri zárukách dlhších ako dva roky.
English: The Commission notes that, in the course of this investigation, it reviewed two restructuring plans (2004 and 2006) prepared by the yard’s management and approved by its majority owner, the State. The Commission concluded that its serious concerns as to whether the two plans would restore the yard’s viability had not been assuaged.
French: La Commission fait remarquer qu'au cours de son examen, elle a vérifié deux plans de restructuration (2004 et 2006), élaborés par la direction du chantier naval et approuvés par son actionnaire majoritaire, l'État.
Italian: La Commissione rileva che, nel corso dell’esame, si sono analizzati due piani di ristrutturazione (2004 e 2006) preparati dalla direzione del cantiere e approvati dal suo socio di maggioranza, lo Stato, giungendo alla conclusione che le sue gravi preoccupazioni in merito alla capacità dei due piani di assicurare il recupero della redditività del cantiere non erano state fugate.
English: (9 % and 13 %) and Stoczniowy Fundusz Inwestycyjny S.A. (7 % and 5 %). None of the remaining shareholders has a stake in excess of 4 %.
Hungarian: (9 % és 13 %) és a Stoczniowy Fundusz Inwestycyjny S.A. (7 % és 5 %) A többi részvényes legfeljebb 4 %-os részesedéssel bír.
English: The yard has managed to negotiate some restructuring of its commercial liabilities, in particular in the restructuring agreement concluded in July 2003 [74], which concerned liabilities of some PLN 424 million and the debt-for-equity swap by commercial creditors of some PLN 70 million. At the same time, however, Gdynia Shipyard faces numerous enforcement proceedings and litigations.
Hungarian: A hajógyárnak sikerült kialkudnia néhány kereskedelmi tartozásának átütemezését, különösen a 2003 júliusában kötött átütemezési megállapodásban [74], amely mintegy 424 millió PLN kereskedelmi tartozásra, és a kereskedelmi hitelezők bevonásával végrehajtott 70 millió PLN értékű adósság–tőkerész cserére terjedt ki.
English: By letter of 19 May 2004 the Commission asked Poland to submit certain missing documents. These were provided on 16 June 2004. The Commission requested further information by letters of 30 July 2004, 8 October 2004, 23 November 2004 and 4 March 2005, to which Poland replied, respectively, by letters of 3 September 2004, registered on 7 September 2004, 10 November 2004, registered on 15 November 2004, 17 February 2005, registered on 21 February 2005, 30 March 2005, registered on 1 April 2005 and 18 April 2005, registered on 20 April 2005.
Italian: Con lettera del 19 maggio 2004, la Commissione ha chiesto alla Polonia di fornire alcuni documenti mancanti, pervenuti il 16 giugno 2004; dopodiché essa ha chiesto ulteriori delucidazioni con lettere del 30 luglio 2004, 8 ottobre 2004, 23 novembre 2004 e 4 marzo 2005, alle quali la Polonia ha risposto rispettivamente con lettere del 3 settembre 2004, protocollata il 7 settembre 2004, 10 novembre 2004, protocollata il 15 novembre 2004, 17 febbraio 2005, protocollata il 21 febbraio 2005, 30 marzo 2005, protocollata il 1o aprile 2005 e 18 aprile 2005, protocollata il 20 aprile 2005.
English: The Commission sought the assistance of an external consultant for the evaluation of the 2004 restructuring plan. The consultant transmitted his report to the Commission in December 2005.
Italian: Per la valutazione del piano di ristrutturazione del 2004, la Commissione è ricorsa alle competenze di un consulente esterno, il quale ha fornito la propria relazione alla Commissione nel dicembre 2005.
Polish: Komisja zwróciła się do zewnętrznego konsultanta z prośbą o ocenę planu restrukturyzacji z 2004 r. Konsultant przekazał Komisji sprawozdanie w tej sprawie w grudniu 2005 r.
English: Poland replied by letter dated 20 February 2006, registered on 21 February 2006, and a meeting between representatives of the Commission, the Polish authorities and Gdynia Shipyard took place on 22 February 2006. Poland announced that the 2004 restructuring plan was outdated and that it had adopted a new strategy for the restructuring of Gdynia Shipyard Group involving the spin-off from the Group of Gdańsk Shipyard and the (partial) privatisation of Gdynia Shipyard.
Italian: La Polonia ha replicato con lettera del 20 febbraio 2006, protocollata il 21 febbraio 2006, e il 22 febbraio 2006 si è svolta una riunione tra rappresentanti della Commissione, delle autorità polacche e di Stocznia Gdynia in occasione della quale la Polonia ha dichiarato che il piano di ristrutturazione del 2004 era caduto in prescrizione e che, per la ristrutturazione del gruppo Stocznia Gdynia, era stata adottata una nuova strategia che prevedeva la separazione dal gruppo del cantiere di Danzica e la (parziale) privatizzazione del cantiere di Gdynia.
English: The company was granted temporary negotiating exclusivity on 20 March 2008 and provided an update to the draft restructuring plan by email of 9 April 2008, registered on 24 April 2008. Further information was provided by this bidder in ‘Key restructuring directions’, a document submitted to a meeting on 10 April 2008 and registered on 18 April 2008.
Italian: Tale offerente, al quale il 20 marzo 2008 era stata concessa una temporanea esclusiva nella conduzione delle trattative, ha fornito un aggiornamento del progetto di piano di ristrutturazione in un’e-mail del 9 aprile 2008, protocollata il 24 aprile 2008, trasmettendo poi ulteriori informazioni nelle “Indicazioni principali per la ristrutturazione”, documento presentato a una riunione del 10 aprile 2008 e protocollato il 18 aprile 2008.
English: These measures are therefore not caught by this decision. Nonetheless, they had to be included in the assessment of compatibility with the common market of the measures granted after accession.
Italian: Tali interventi non rientrano dunque nell’ambito di applicazione della presente decisione, sebbene sia stato necessario tenerli presente nella valutazione della compatibilità con il mercato comune degli interventi concessi invece dopo l’adesione.
English: The recipient also commented on other aspects of the decision. In particular, it stated that the production guarantees provided to the yard by the Export Credit Insurance Corporation did not constitute State aid.
Italian: Il beneficiario ha formulato osservazioni anche su altri aspetti della decisione, sottolineando per esempio che le garanzie per la produzione prestate al cantiere da Export Credit Insurance Corporation non costituivano aiuti di Stato.
English: The recipient argued that the Export Credit Insurance Corporation guarantee scheme is a self-financing system in which, over the long term, premiums collected exceed risks covered and amounts actually paid out. The recipient described the conditions in which the Export Credit Insurance Corporation issues these guarantees (premiums and type of collateral required).
Italian: Il beneficiario sosteneva che il regime di garanzie di Export Credit Insurance Corporation è un sistema di autofinanziamento in cui, a lungo termine, i premi incassati superano i rischi coperti e gli importi effettivamente erogati, descrivendo a tal fine le condizioni in cui Export Credit Insurance Corporation rilascia le garanzie in questione (premi e tipi di garanzie reali richiesti).
English: The recipient acknowledged that container vessels were also built in other European shipyards, particularly in Germany, but claimed that the container vessels built in Germany differed in terms of design and technical specifications. The recipient asserted that no other EU shipyard built car carriers and that therefore Gdynia Shipyard was not competing in this segment with any other EU shipyard.
Italian: Il beneficiario riconosceva che le navi portacontainer venivano costruite anche da altri cantieri europei, specialmente in Germania, ma obiettava che quelle costruite in Germania erano diverse in termini di caratteristiche tecniche e progettuali, aggiungendo che nessun altro cantiere europeo costruiva navi per il trasporto di autovetture e che pertanto Stocznia Gdynia non era in concorrenza con altri cantieri comunitari in tale segmento.
English: Denmark and Danish Maritime supported the Commission’s efforts to ensure that State aid was granted in line with the applicable rules. They pointed out that, as a result of the competitive situation in the world shipbuilding market, a number of Danish shipyards had closed or faced bankruptcy without any State aid being provided.
Italian: La Danimarca e Danish Maritime manifestavano sostegno agli sforzi profusi dalla Commissione per garantire che gli aiuti di Stato fossero concessi in linea con le norme applicabili, sottolineando che, vista la situazione di concorrenza esistente sul mercato mondiale della costruzione navale, diversi cantieri danesi avevano chiuso o erano falliti senza che fosse erogato loro alcun aiuto di Stato.
English: The trade union Solidarność highlighted the declining situation at the yard, arguing that speedy restructuring was needed. The trade union described some of the restructuring measures already undertaken at the yard and expressed the belief that, with the technology and workforce available to it, it would join the ranks of the profitable European shipyards.
Italian: Il sindacato Solidarność ribadiva l’aggravamento della situazione del cantiere asserendo che era necessario ristrutturarlo rapidamente e, in tale contesto, descriveva alcuni interventi di ristrutturazione già intrapresi, esprimendo il convincimento che, grazie alla tecnologia e alla forza lavoro disponibile, si sarebbe potuto posizionare tra i cantieri europei in attivo.
English: With regard to measures 28-34 of Annex I, part B of the decision, Poland did not rebut the conclusions of the Commission indicated in the decision to open a formal investigation. However, Poland put forward a new argument to the effect that statements by representatives of various state authorities within the Shipbuilding Industry Team concerning plans to extend these measures should be considered as official undertakings.
Italian: Per quanto concerne gli interventi 28-34 dell’allegato I, parte B, della decisione, la Polonia non ha replicato alle conclusioni della Commissione riportate nella decisione di apertura dell’esame formale, avanzando tuttavia una nuova argomentazione secondo cui le dichiarazioni dei rappresentanti di varie autorità pubbliche nell’ambito del team per il comparto della costruzione navale in merito ai piani di ampliamento di tali interventi avrebbero dovuto essere considerate impegni ufficiali.
English: The Polish authorities then provided a brief description of the restructuring measures enshrined in the 2004 restructuring plan in order to demonstrate that restructuring was not purely financial in scope. They defended the countervailing measures proposed in the 2004 restructuring plan and implemented within the Gdynia Shipyard Group.
Italian: Le autorità polacche fornivano quindi una breve descrizione degli interventi di ristrutturazione contenuti nel piano del 2004 per dimostrare che il fine della ristrutturazione non era meramente finanziario, difendendo in tal modo le misure compensative proposte nel piano di ristrutturazione del 2004 e attuate nell’ambito del gruppo Stocznia Gdynia.
English: Nevertheless, the Commission carefully studied the 2004 restructuring plan and sought assistance from an external consultant. The Commission concluded that the 2004 restructuring plan did not fulfil any of the conditions for the approval of restructuring aid prescribed by the relevant guidelines.
Italian: Nondimeno, la Commissione analizzava attentamente anche il piano di ristrutturazione del 2004, coadiuvata tra l’altro da un consulente esterno, per concludere che tale piano non rispettava alcun requisito per l’approvazione di aiuti alla ristrutturazione previsto dai relativi orientamenti.
English: The General Assembly of Gdynia Shipyard of 19 April 2006 decided on a capital increase of up to PLN 300 million. The management board was mandated to search for investors interested in participating.
Italian: L’assemblea generale di Stocznia Gdynia del 19 aprile 2006 deliberava un aumento di capitale per portarlo a 300 milioni di zloty, incaricando il consiglio di amministrazione di ricercare investitori interessati a partecipare all’operazione, ragion per cui successivamente, il 10 maggio 2006 veniva divulgato il memorandum del 2006 ai potenziali investitori, di cui 80 contattati direttamente dal consulente per la privatizzazione di Stocznia Gdynia.
English: Accordingly, the information memorandum of May 2006 was made available as of 10 May 2006 to potential investors, and some 80 such investors were directly approached by Gdynia Shipyard’s privatisation consultant. Gdynia Shipyard received two preliminary offers to participate in the capital increase, from the Ukrainian steelmaker Donbas and the yard’s major customer Ray Car Carriers.
Italian: Stocznia Gdynia riceveva due offerte preliminari di partecipazione all’aumento di capitale, una dal produttore di acciaio ucraino Donbas, l’altra dal principale cliente del cantiere, Ray Car Carriers.