FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: At the request of the Danish authorities, a further meeting took place on 4 March 2011. Denmark then submitted more information by letters registered as received on 11, 17 and 18 March 2011 and on 6 and 14 April 2011.
Finnish: Tanskan viranomaisten pyynnöstä järjestettiin uusi kokous 4 päivänä maaliskuuta 2011, minkä jälkeen Tanska toimitti lisätietoja 11, 17 ja 18 päivänä maaliskuuta 2011 sekä 6 ja 14 päivänä huhtikuuta 2011 saapuneiksi kirjatuilla kirjeillä.
English: These resources will allow TV2 to continue operating on markets on which it is currently active. These markets include the market(s) for sale and purchase of broadcasting rights, the market(s) for pay-TV services and the market for TV advertising in Denmark.
Finnish: Kyseisten varojen ansiosta TV2 voi jatkaa toimintaansa entisillä markkinoillaan, joihin kuuluvat lähetysoikeuksien myyminen ja ostaminen, maksu-tv-palvelujen markkinat ja tv-mainosten markkinat Tanskassa.
English: As stated above, TV2 used the proceeds from the sale of the network to reduce its debt. The money thus spent cannot be used for other purposes.
Finnish: Kuten edellä on todettu, TV2 lyhensi velkaansa verkon myynnistä saaduilla tuloilla, joten tällä tavalla käytettyjä varoja ei voida käyttää muuhun tarkoitukseen.
Maltese: Kif intqal iktar ‘il fuq, TV2 użat ir-rikavat mill-bejgħ tan-netwerk biex tnaqqas id-dejn tagħha. Il-flus minfuqin b’dan il-mod ma jistgħux jintużaw għal finijiet oħrajn.
English: restructuring plan, Annex I to the letter of 15 October 2010. TV2 submits that the first two aid measures anticipated in the restructuring plan are no longer valid because of the sale of the transmission network.
Finnish: TV2:n rakenneuudistussuunnitelma, kirje 15.10.2010, liite I. TV2 toteaa, että rakenneuudistussuunnitelmassa ennakoidut kaksi ensimmäistä tukitoimenpidettä eivät enää ole voimassa lähetysverkon myynnin vuoksi.
Polish: Plan restrukturyzacji TV2, załącznik I do pisma z dnia 15 października 2010 r. TV2 twierdzi, że pierwsze dwa środki pomocy przewidziane w planie restrukturyzacji nie mają już zastosowania z uwagi na sprzedaż sieci przekaźnikowej.
English: also competes for advertising revenue with SBS A/S, which is owned by the German ProSiebenSat. TV2’s pay-TV channels, such as TV2 Zulu and TV2 Charlie, compete with other commercial channels on the wholesale market for distribution in pay-TV packages.
Hungarian: A TV2 a reklámbevételekért a német ProSiebenSat tulajdonát képező SBS A/S társasággal is versenyben áll. A TV2 fizetős televíziócsatornái – például a TV2 Zulu és a TV2 Charlie – más kereskedelmi csatornákkal állnak versenyben a fizetős televíziócsomagok terjesztésének nagykereskedelmi piacán.
English: Thirdly, the restructuring plan is based on the premise that it is only when the end-user charges are introduced in 2012 that the company will have access to external financing; only then will long-term viability be restored. Denmark itself has argued that the aid measures, including the rescue aid facility which is still in place, would be needed to fill the liquidity gap until a more stable business model for the public service channel was in place. The rescue aid facility thus had the function of keeping the company afloat until a new business model had begun to apply. Against this background, the Commission does not find that the compensatory measure commitment can come to an end with the end of the aid or the date of this Decision. The Commission considers it feasible, however, that the obligation not to launch new channels may end at an earlier date than the end of the period of the restructuring plan (31 December 2012), namely when the end-user charges have been introduced (via the change in the licence) and TV2 will be able to levy them.
Hungarian: A Bizottság azonban megvalósíthatónak tartja, hogy az új csatornák indításának megszüntetésére vonatkozó kötelezettség korábbi időpontban megszűnhet, mint a szerkezetátalakítási terv időszakának vége (2012. december 31.), mégpedig a végfelhasználói díjak bevezetésekor (az engedély módosítása révén), és amikor a TV2 azokat felszámíthatja.
Latvian: Tomēr Komisija uzskata, ka ir iespējams atteikties no saistības neieviest jaunus kanālus ātrāk nekā pārstrukturēšanas plāna perioda beigās (2012. gada 31. decembrī), proti, līdz brīdim, kad tiks ieviesta lietošanas maksa (izdarot izmaiņas licences noteikumos) un kad TV2 tiks piešķirta atļauja tās iekasēt.
Lithuanian: Tačiau Komisija mano, jog įmanoma, kad įsipareigojimas nekurti naujų kanalų būtų nutrauktas iki restruktūrizavimo laikotarpio pabaigos (2012 m. gruodžio 31 d.), būtent tada, kai bus įvesti galutinių vartotojų mokesčiai (pakeitus licenciją) ir kai TV2 įgys galimybę juos rinkti.
English: On the contrary, the existing ‘must-carry’ obligation will be repealed upon the introduction of the user charges [44]. This follows from the wording of Chapter 6, Section 38a(2) of the current Danish Broadcasting Act, which states that if the Minister of Culture allows TV 2 to charge user fees, the must-carry status shall cease to exist.
Italian: Per contro, l’obbligo di diffusione esistente sarà abolito nel momento in cui sarà introdotto il sistema di pagamento [44], come si desume dal testo del capitolo 6, sezione 38 bis, paragrafo 2, dell’attuale legge danese sulle trasmissioni radiotelevisive, secondo cui se il ministero della Cultura consente a TV 2 di richiedere agli utenti il pagamento di un corrispettivo, l’obbligo di diffusione deve cessare di esistere.
English: stresses that being prevented from launching new channels is a real sacrifice. It points out that with the digital switchover and sale of its network, it loses the advantage it has hitherto enjoyed via its co-ownership of the network.
Italian: sottolinea che l’impossibilità di avviare nuove reti è un vero e proprio sacrificio e che con il passaggio al digitale e la vendita della sua rete perde il vantaggio di cui finora ha usufruito grazie alla comproprietà della rete.
Dutch: benadrukt dat het niet kunnen lanceren van nieuwe zenders een reëel offer is, en wijst erop dat zij, na de digitale omschakeling en de verkoop van haar netwerk, het voordeel is kwijtgeraakt dat zij tot dat moment had vanwege het gedeelde eigendom van dat netwerk.
English: SBS claims that there is a need for sufficiently strict compensatory measures. It therefore suggests that TV2, firstly, should not be allowed to introduce user charges.
Italian: SBS sostiene che sono necessarie misure compensative sufficientemente rigorose e pertanto suggerisce, in primo luogo, che non si consenta a TV2 di introdurre un sistema di pagamento.
English: The Commission comes to the conclusion that at the time of the notification of the restructuring plan, TV2 constituted such a firm in difficulty. This can be seen from the figures in the Commission’s decision opening the formal investigation procedure, and more importantly from the figures produced in recitals 36-42 of this Decision, which were submitted at a later point in January 2010 and which describe a company with losses, declining market shares, mounting debt and in particular negative cash flows due to declining advertising revenues, bad investments and increasing interest charges.
Italian: La Commissione giunge alla conclusione che al momento della notifica del piano di ristrutturazione, TV2 costituiva un’impresa in difficoltà, come può essere constatato dai dati contenuti nella decisione di avvio del procedimento di indagine formale della Commissione e, aspetto ancora più importante, dai dati riportati ai considerando 36-42 della decisione, che sono stati presentati in un momento successivo nel gennaio 2010 e che descrivono un’impresa con perdite, una riduzione delle quote di mercato, un aumento dell’indebitamento e in particolare flussi di cassa negativi dovuti a una diminuzione dei proventi pubblicitari, a investimenti sbagliati e a un aumento degli oneri per interessi.
English: In any event, the credit facility was always constructed in such a way that the company could only get access to it in the event of a certified need. This was done in order to keep the aid to the minimum, and TV2’s behaviour in trying to achieve the restructuring process as much as possible using its own resources is in line with that requirement.
Italian: In ogni caso, il credito agevolato era concepito in modo tale che l’impresa poteva avervi accesso soltanto in caso di necessità certificata, allo scopo di mantenere l’aiuto al minimo, e il comportamento di TV2 nel tentativo di realizzare il processo di ristrutturazione per quanto possibile con risorse proprie è in linea con tale requisito.
English: While all State aid measures will cease immediately on adoption of this Decision, the restoration of long-term viability to TV2 is not guaranteed as of this moment as long as TV2 still lacks a sustainable business model. Such a business model will only be established with the introduction of the end-user charges.
Italian: Sebbene tutte le misure di aiuto di Stato cesseranno immediatamente nel momento in cui la presente decisione sarà adottata, il ripristino della redditività a lungo termine di TV2 non è garantita in tale momento in quanto TV2 non dispone ancora di un modello aziendale sostenibile, che sarà stabilito soltanto con l’introduzione del sistema di pagamento.
English: Beneficiaries are expected to make a significant contribution to the restructuring plan from their own resources, including the sale of assets that are not essential to the firm’s survival. Such a contribution must be real, and may not include expected future profits such as cash flow.
Italian: I beneficiari dell’aiuto dovranno pertanto contribuire in maniera significativa al piano di ristrutturazione con fondi propri, ivi compresa la vendita di elementi dell’attivo non indispensabili alla sopravvivenza dell’impresa.
English: Canal Digital Danmark
Romanian: Canal Digital Danmark;
Latvian: Canal Digital Danmark,
Lithuanian: „Canal Digital Danmark“
English: MTV Networks
Romanian: MTV Networks;
Latvian: MTV Networks,
Lithuanian: „MTV Networks“
English: Boxer TV
Romanian: Boxer TV;
Latvian: Boxer TV,
Lithuanian: „Boxer TV“
English: Discovery Networks Nordic
Romanian: Discovery Networks Nordic;
Latvian: Discovery Networks Nordic,
Lithuanian: „Discovery Networks Nordic“
English: Telia Stofa A/S
Slovak: Telia Stofa A/S.
Romanian: Telia Stofa A/S.
Latvian: Telia Stofa A/S.
Lithuanian: „Telia Stofa A/S“
English: Denmark requested a further meeting by letter of 28 January 2011. This meeting took place on 7 February 2011. Further information was submitted on 24 February 2011.
Lithuanian: Šis susitikimas įvyko 2011 m. vasario 7 d.2011 m. vasario 24 d. pateikta papildoma informacija.
English: The TV advertising market dropped in 2009 by 18,7 % compared with 2008 [34]. TV2’s advertising revenues fell by 4 % in 2008 (DKK 1667 million to DKK 1597 million) and a further 24 % in 2009 (DKK 1597 million to DKK 1220 million) [35].
Lithuanian: 2009 m. TV reklamos rinka sumažėjo 18,7 %, palyginti su 2008 m. [34] 2008 m. TV2 pajamos iš reklamos sumažėjo 4 % (nuo 1667 iki 1597 mln. DKK), o 2009 m. dar 24 % (nuo 1597 iki 1220 mln. DKK) [35].
English: By the end of 2008, i.e. during the 6 months of the rescue aid period, TV2 had drawn 208 million [50]. In light of the sale of the transmission network, which was more successful than estimated in the restructuring plan, Denmark sent the following amended figures on TV2’s financial situation (based on subscriptions to the main channel) [51].
Lithuanian: Iki 2008 m. pabaigos, t. y. per šešis sanavimo pagalbos laikotarpio mėnesius, TV2 iš viso panaudojo 208 mln. [50] Atsižvelgdama į transliavimo tinklo pardavimą, kuris vyko sėkmingiau, negu numatyta restruktūrizavimo plane, Danija pateikė šiuos patikslintus duomenis apie TV2 finansinę padėtį (atsižvelgiant į abonentinius mokesčius už pagrindinį kanalą) [51].
English: MTG/Viasat (Viasat)
Lithuanian: MTG/„Viasat“ („Viasat“)
English: Boxer TV A/S (Boxer)
Lithuanian: „Boxer TV A/S“ („Boxer“)
English: On the exogenous factors, Viasat agrees with the assumption of a GDP growth of 1,02 %. On the development of the advertising market, the parties agree that TV2’s advertising revenues decreased by 19 % in 2008. However, Viasat and SBS wrongly interpret Denmark’s forecast on the future development of the advertising market.
Lithuanian: Dėl išorės veiksnių „Viasat“ sutinka su prielaida, kad BVP augimas per metus sudarys 1,02 % Dėl reklamos rinkos tendencijų šalys sutinka, kad 2008 m. TV2 pajamos iš reklamos sumažėjo 19 % Tačiau „Viasat“ ir SBS klaidingai interpretuoja Danijos prognozę dėl būsimų reklamos rinkos tendencijų.
English: It must be as high as possible, at least 50 % for large firms. The Commission considers TV2 to be a large firm in the meaning of the Guidelines.
Lithuanian: Jis turi būti kuo didesnis, didelių įmonių - ne mažesnis kaip 50 % Komisija mano, kad TV2 pagal Gaires yra didelė įmonė.
English: See Annex 5 to the notification from Denmark, p. 2, and letter from Denmark of 3 February 2011, p. 7. SMATV stands for Satellite Master Antenna Television, and refers to a system that uses multiple satellite and broadcast signals to create a single integrated cable signal for distribution to a cabling network.
Latvian: Sk. Dānijas paziņojuma 5. pielikuma 2. lpp. un Dānijas 2011. gada 3. februāra vēstules 7. lpp. SMATV nozīmē ar satelītu piegādātās antenu televīzijas ģenerālsistēma (Satellite Master Antenna Television), un tā ir sistēma, kurā izmanto vairākus satelīta un pārraidīšanas signālus, lai izveidotu vienu integrētu kabeļa signālu, kas paredzēts izplatīšanai kabeļtīklā.
Lithuanian: Žr. Danijos pranešimo 5 priedo p. 2. ir 2011 m. vasario 3 d. Danijos rašto p. 7, „Satelite Master Antenna Television“, SMATV, yra sistema, kurioje naudojami daugybiniai palydoviniai ir transliavimo signalai ir sukuriamas bendras integruotas kabelinis signalas, skirtas skleisti kabeliniu tinklu.
English: In the base case, there is a modest increase in GDP ([…] % for 2009 and 2010, […] % for 2011 and […] % for 2012). The TV advertising market was forecast to […] between 2009 and 2012 from DKK […] million to DKK […] million in that period ([…] %).
Latvian: Pamatscenārijs paredz nelielu IKP pieaugumu ([…] % 2009. un 2010. gadam, […] % 2011. gadam un […] % 2012. gadam).
English: The average solvency ratio of TV2’s peers is significantly lower than the solvency ratio that TV2 is expected to have at the end of the restructuring period. After the sale of the transmission network, the TV2 solvency ratio is […] % at the end of 2010.
Latvian: Vidējais TV2 konkurentu maksātspējas koeficients ir ievērojami zemāks nekā maksātspējas koeficients, kādu TV2 ir paredzēts sasniegt līdz pārstrukturēšanas perioda beigām.
English: In applying the same conditions to a firm in difficulty such as TV2, Denmark is foregoing state resources. The reason is that a private creditor would take into account the financial difficulties of TV2 and would either not grant a loan or credit facility at all, or do so at rates which are higher than for healthy companies.
Latvian: Piemērojot vienādus nosacījumus grūtībās nonākušam uzņēmumam, piemēram, TV2, Dānija atsakās no valsts ieņēmumiem, jo privātais kreditors ņemtu vērā TV2 finansiālās grūtības un nepiešķirtu aizdevumu vai kredītlīdzekļus vispār, jeb tos piešķirtu ar augstāku likmi nekā finansiāli stabiliem uzņēmumiem.
English: Letter from Demark of 17 March 2011, p. 3. Based on an estimated monthly fee of DKK 12.
Latvian: Dānijas 2011. gada 17. marta vēstule, 3. lpp. Balstīts uz prognozēto mēneša maksu DKK 12 apmērā.
English: In its letter of 11 March 2011, Denmark informed the Commission that parts of the restructuring plan (the ‘TV2 Alene card’, explained further below) would not be implemented. On 17 and 18 March and on 6 and 14 April 2011, Denmark provided amended financial data taking this amendment into account.
Maltese: Fl-ittra tagħha tal-11 ta’ Marzu 2011, id-Danimarka infurmat lill-Kummissjoni li partijiet mill-pjan ta’ ristrutturar (il-“kard TV2 Alene”, spjegat iktar ‘l isfel) ma kinux ser jiġu implimentati. Fis-17 u t-18 ta’ Marzu u fis-6 u l-14 ta’ April 2011, id-Danimarka pprovdiet dejta finanzjarja emendata li ħadet inkunsiderazzjoni din l-emenda.
English: The removal of the must-carry obligation (see recital 52 below) is expected to lead to further market share losses. From 2003 to 2009, the TV2 main channel’s ‘commercial’ market share (21-50 year olds, which is the commercially most interesting viewer group) had already declined by 19 % from 56,2 % to 45,6 % [30]. TV2’s commercial market share is expected to […] % in 2013 [31].
Maltese: It-tneħħija tal-obbligu ta’ trażmissjoni (ara l-premessa 52 iktar ‘il quddiem) hija mistennija li twassal għal iktar telf tas-sehem fis-suq. Mill-2003 sal-2009, is-sehem mis-suq “kummerċjali” tal-kanal ewlieni ta’ TV2 (persuni bejn il-21 u l-50 sena, li kummerċjalment huwa l-grupp l-iktar interessanti ta’ spettaturi) kien diġà niżel b’19 % minn 56.2 % għal 45.6 % [30]. Is-sehem mis-suq kummerċjali ta’ TV2 huwa mistenni li jkun […]% fl-2013 [31].
English: This might, however, lead to the result that at a certain point in time ongoing State aid is no longer necessary, which will be discussed below (see recital 149). In any event, the credit facility was always constructed in such a way that the company could only get access to it in the event of a certified need.
Romanian: Totuși, aceasta poate însemna ca, în cele din urmă, ajutorul de stat să nu mai fie necesar, acest aspect fiind discutat mai jos (a se vedea considerentul 149), În orice caz, facilitatea de credit a fost concepută astfel încât societatea să o poată accesa doar atunci când este strict necesară.
Maltese: Madankollu, dan jista’ jwassal għar-riżultat li fi żmien partikolari għajnuna mill-Istat li tkun għaddejja ma tkunx iktar meħtieġa, li ser jiġi diskuss iktar ‘il quddiem (ara l-premessa 149). Fi kwalunkwe każ, il-faċilità ta’ kreditu kienet dejjem mibnija b’mod li l-kumpanija seta’ jkollha aċċess għaliha fil-każ ta’ bżonn ċertifikat.
English: Denmark requested a further meeting by letter of 28 January 2011. This meeting took place on 7 February 2011.
Portuguese: Por carta de 28 de janeiro de 2011, a Dinamarca solicitou uma nova reunião, que veio a ter lugar em 7 de fevereiro de 2011.
Dutch: Bij schrijven van 28 januari 2011 heeft Denemarken om een nieuwe bijeenkomst verzocht, die op 7 februari 2011 heeft plaatsgevonden.
Swedish: I en skrivelse av den 28 januari 2011 bad Danmark om ett ytterligare möte, som hölls den 7 februari 2011.
English: The TV2 main channel is further under a public service obligation to broadcast regional programmes according to point 2.5 of the TV2 public service licence [13]. The regional content is produced by TV2 regional stations.
Portuguese: De acordo com o ponto 2.5 do contrato de concessão da TV2 [13], as obrigações de serviço público do canal principal da TV2 incluem a transmissão de programação regional.
Dutch: Het hoofdkanaal van TV2 heeft daarnaast, op grond van punt 2.5 van de publieke omroepvergunning voor TV2, de openbaredienstverplichting om regionale programma’s uit te zenden [13].
English: On that basis, TV2 expects to have financial facilities in the range of around DKK […]-[…] million until the end of 2012. This consists of DKK […]-[…] million and the additional external credit facilities of DKK […] million [53].
Dutch: Tegen deze achtergrond verwacht TV2 dat zij tot eind 2012 kan beschikken over financiële faciliteiten in de orde van grootte van […]-[…] miljoen DKK opgebouwd uit […]-[…] miljoen DKK en de aanvullende externe kredietfaciliteiten van […] miljoen DKK [53].
English: This decision was annulled by the Competition Appeals Tribunal on 1 November 2006, but then upheld on appeal to the High Court of Eastern Denmark on 22 June 2009. An appeal against the latter judgment was lodged with the Supreme Court, which upheld the High Court judgment on 18 March 2011.
Polish: Decyzja ta została unieważniona przez Trybunał Apelacyjny ds. Konkurencji w dniu 1 listopada 2006 r., ale następnie w wyniku odwołania Sąd Najwyższy dla Wschodniej Danii utrzymał ją w mocy decyzją z dnia 22 czerwca 2009 r. Odwołanie od tego drugiego wyroku zostało wniesione do Sądu Najwyższego, który w dniu 18 marca 2011 r. podtrzymał wyrok Sądu Najwyższego dla Wschodniej Danii.
English: Levying of subscription fees: The business model for the main channel is to be rendered sustainable by allowing TV2 to introduce end-user charges, i.e. subscription fees, to fund the public service channel as from 1 January 2012. In addition, TV2 will continue to receive advertising revenues.
Polish: Nakładanie opłat abonamentowych: Model prowadzenia działalności określony dla głównego kanału ma zostać zrównoważony dzięki umożliwieniu TV2 wprowadzenia opłat pobieranych od użytkownika końcowego, tj. opłat abonamentowych, w celu finansowania kanału publicznego od dnia 1 stycznia 2012 r. Ponadto TV2 będzie nadał uzyskiwała przychody z reklam.
English: As stipulated in the restructuring plan, TV2 sold its broadcasting network on 30 September 2010 to the Swedish company Teracom AB, the owner of Boxer. The sale proceeds for TV2 are approximately DKK 640 million before tax, which has been used to reduce TV2’s debt.
Polish: Jak wskazano w planie restrukturyzacji, TV2 sprzedała swoją sieć radiodyfuzyjną szwedzkiej spółce Teracom AB, właścicielowi spółki Boxer, w dniu 30 września 2010 r. Uzyskane przez TV2 wpływy ze sprzedaży szacuje się na 640 mln DKK przed opodatkowaniem – kwota ta została wykorzystana do zmniejszenia zadłużenia TV2.
English: The restructuring measures will be implemented as soon as possible, except for the introduction of user charges, where operational and technical difficulties require postponement until 2012. Moreover, in a later submission, Denmark, again basing itself on PWC projections, claimed that the forecast had in fact deteriorated since the original restructuring plan and that TV2’s EBIT in 2009 was DKK […] million lower than estimated in the restructuring plan [73].
Polish: Środki na restrukturyzację zostaną wdrożoną możliwie jak najszybciej, z wyjątkiem wprowadzenia opłat pobieranych od użytkowników, w przypadku których trudności operacyjne i techniczne wymagają ich odroczenia do 2012 r. Ponadto w późniejszym piśmie Dania, ponownie opierając się na prognozach PWC, stwierdziła, że prognozy faktycznie uległy pogorszeniu od momentu opracowania pierwotnego planu restrukturyzacji, oraz że wartość EBIT TV2 była w 2009 r. o […] mln DKK niższa niż wartość oszacowana w planie restrukturyzacji [73].
English: claims that the aid does not entail operational or commercial advantages, but simply ensures that TV 2 will be able to use financing options open to its competitors. TV2 argues that its main channel cannot be seen in isolation, as both the main channel and the niche channels underpin the group’s financial result.
Polish: TV 2 w żadnym wypadku nie może nie wywiązać się z obowiązku pełnienia powierzonej jej misji publicznej, co należy uwzględnić, stosując postanowienia wytycznych lub art. 106 ust. 2 TFUE.
English: Viasat also points out that the interest burden seems to have decreased as of 2008. Viasat also questions whether TV2 has problems in obtaining loans, since it seems that TV2 sought to obtain loans from Danske Bank only.
Polish: Viasat wskazuje również, że obciążenie odsetkami zmniejszyło się w 2008 r. Viasat kwestionuje również twierdzenie, że TV2 natrafiało na problemy związane z uzyskaniem pożyczek, ponieważ wydaje się, że TV2 dążyła do uzyskania pożyczek wyłącznie od Danske Bank.