natgillin/translations-raw huggingface dataset:
Desuden ville karakteren af sikkerhedsstillelsen gøre det muligt for enhver potentiel køber at forsætte produktionen efter købet; det ville også være muligt at transportere maskinerne, enten hele eller som undersystemer uden at skulle skille dem ad, hvis en potentiel køber besluttede sig til at overtage dem.
Moreover, the nature of the collateral would enable any potential buyer to continue production after purchase; would also be possible to transport the machines either as a whole or as sub-assemblies without dismantling them, should any potential buyer decide to move them.
Efter aftalerne med bankerne blev sikkerhederne i fast ejendom frigivet.
After the agreements with the banks, the collateral on the fixed assets was released.
Dette resulterede i en bedre status for de offentlige myndigheder med hensyn til denne sikkerhed, idet de således fik højere sikkerhedsprioritet i tingbogens prioritetsorden [12].
As a result, the public creditors’ position in respect of this collateral improved, i.e. they received a higher mortgage ranking [12].
Gæld til det offentlige
Liabilities vis-à-vis public creditors
I 1998 beløb virksomhedens gæld til det offentlige baseret på offentligretlige krav (f.eks. krav fra socialsikringsmyndigheden, skattekontoret i Dolny Śląsk, skattekontoret i Wrocław-Psie Pole, voivodskabet Dolny Śląsk, Wrocław by, den statslige fond til rehabilitering af funktionshæmmede) sig til 29. mio. PLN.
In 1998, the company's liabilities vis-à-vis public creditors based on claims arising under public law (i.e. claims from the Social Insurance Office, the Lower Silesia Region Tax Office, Wrocław Psie Pole Tax Office, Lower Silesia Regional Office, Wrocław City Council, the State Fund for the Rehabilitation of the Disabled) amounted to PLN 29 million.
Desuden havde finansministeriet civilretlige fordringer på virksomheden for 9,4 mio. PLN.
In addition, the Ministry of Finance had civil-law claims of PLN 9,4 million.
Udviklingen i disse forpligtelser over for individuelle offentlige kreditorer fremgår af tabel 8, 9, 10, 11, 12, 13 og 14.
These liabilities to individual public creditors evolved as shown in Tables 8, 9, 10, 11, 12, 13 and 14.
PZL Hydrals gæld til socialsikringsmyndigheden (1000 PLN)
Liabilities of PLZ Hydral vis-à-vis the Social Insurance Office (PLN thousand)
PZL Hydrals gæld til skattekontoret i Dolny Śląsk (1000 PLN)
Liabilities of PLZ Hydral vis-à-vis Lower Silesia Regional Tax Office (PLN thousand)
PZL Hydrals gæld til skattekontoret i Wrocław-Psie Pole (1000 PLN)
Liabilities of PLZ Hydral vis-à-vis Wrocław Psie Pole Tax Office (PLN thousand)
Renter [13]
Interest [13]
PZL Hydrals gæld til skattekontoret i Wrocław by (1000 PLN)
Liabilities of PLZ Hydral vis-à-vis Wrocław City Council (PLN thousand)
PZL Hydrals gæld til voivodskabet Dolny Śląsk (1000 PLN)
Liabilities of PLZ Hydral vis-à-vis Lower Silesia Regional Office (PLN thousand)
PZL Hydrals gæld til den statslige fond til rehabilitering af funktionshæmmede (1000 PLN)
Liabilities of PLZ Hydral vis-à-vis the State Fund for the Rehabilitation of the Disabled (PLN thousand)
PZL Hydrals gæld til finansministeriet (1000 PLN)
Liabilities of PLZ Hydral vis-à-vis the Ministry of Finance (PLN thousand)
De offentlige kreditorer beregnede morarenter som vist i tabel 15.
The public creditors charged the interest rates on arrears shown in Table 15.
Det er vigtigt at bemærke, at tabel 8-14 omfatter delvise indfrielser, og at tabellerne viser niveauet ved årets udgang; derfor er udestående renter for et bestemt år ikke direkte relateret til hovedkravet, idet dette kan ændre sig.
It is important to note that Tables 8 to 14 take into account partial repayments of sums and show the level at the year-end; therefore, the interest due in any given year is not directly related to the principal, which can fluctuate.
Renter af skatterestancer [14] [14]År
Interest on tax arrears [14] [14]Year
Foruden at beregne renter af skatterestancer sikrede socialsikringsmyndigheden, skattekontoret i Dolnośląsk, skattekontoret i Wrocław-Psie Pole, Wrocław by og voivodskabet Dolnośląsk deres krav over for PZL Hydral ved registrering af hypotekpant i virksomhedens ejendomme.
Apart from charging the appropriate interest on tax arrears, the Social Security Office, the Lower Silesia Region Tax Office, Wrocław Psie Pole Tax Office, Wrocław City Council and the Lower Silesian Regional Office secured their claims vis-à-vis PZL Hydral by registering mortgages on its immovable assets.
Tabel 16, 17, 18, 19 og 20 viser ændringerne i de hypotekpanter i PZL's aktiver, som disse offentlige kreditorer besidder.
Tables 16, 17, 18, 19 and 20 show changes in the mortgages on PZL Hydral's assets held by these public creditors.
Socialsikringsmyndighedens sikkerhed i PZL Hydrals aktiver
Collateral on PZL Hydral assets held by the Social Security Office
hypotekpant i alt
total amount of mortgages
tilføjet hypotekpant på 6664579,03 PLN
a mortgage of PLN 6664579,03 was added
tilføjet hypotekpant på 941965,12 PLN
a mortgage of PLN 941965,12 was added
tilføjet hypotekpant på 7712474,51 PLN
a mortgage of PLN 7712474,51 was added
tilføjet hypotekpant på 31668847,55 PLN
a mortgage of PLN 31668847,55 was added
tilføjet hypotekpant på 1364127,70 PLN
a mortgage of PLN 1364127,70 was added
tilføjet hypotekpant på 8886112,11 PLN
a mortgage of PLN 8886112,11 was added
tilføjet hypotekpant på 4641357,06 PLN
a mortgage of PLN 4641357,06 was added
Sikkerhed hos skattekontoret i Dolnośląsk i PZL Hydrals aktiver
Collateral on PZL Hydral assets held by the Lower Silesia Region Tax Office
Sikkerhed hos skattekontoret i Wrocław-Psie Pole i PZL Hydrals aktiver
Collateral on PZL Hydral assets held by Wrocław Psie Pole Tax Office
tilføjet hypotekpant på 99379,00 PLN
a mortgage of PLN 99379,00 was added
Sikkerhed hos Wrocław by i PZL Hydrals aktiver
Collateral on PZL Hydral assets held by Wrocław City Council
tilføjet hypotekpant på 235888,50 PLN
a mortgage of PLN 235888,50 was added
tilføjet hypotekpant på 1173659,60 PLN
a mortgage of PLN 1173659,60 was added
tilføjet hypotekpant på 9097672,45 PLN
a mortgage of PLN 9097672,45 was added
tilføjet hypotekpant på 3538324,00 PLN
a mortgage of PLN 3538324,00 was added
tilføjet hypotekpant på 2790305,40 PLN
a mortgage of PLN 2790305,40 was added
Sikkerhed hos voivodskabet Dolnośląsk i PZL Hydrals aktiver
Collateral on PZL Hydral assets held by Lower Silesia Regional Office
De offentlige kreditorer, der havde hypotekpant i PZL Hydrals aktiver, kunne derfor notere en reel stigning i værdien af deres panter.
Public creditors with mortgages on PZL Hydral's assets therefore experienced a de facto increase in the value of their collateral.
De polske myndigheder meddelte Kommissionen, at den statslige fond til rehabilitering af funktionshæmmede og finansministeriet ikke havde (hypotek-) pant i PZL Hydrals aktiver.
The Polish authorities informed the Commission that the State Fund for the Rehabilitation of the Disabled and the Ministry of Finance did not hold any collateral (mortgages) on PZL Hydral's assets.
Finansministeriet tvangsfuldbyrdede imidlertid en del af sine krav ved en aftale indgået med PZL Hydral den 20. maj 2002, i henhold til hvilken PZL Hydral skulle have indfriet en del af sin gæld ved udgangen af 2002, jf. tabel 14.
However, the Ministry of Finance enforced part of its claims by way of an agreement with PZL Hydral concluded on 20 May 2002, under which PZL Hydral was to repay a substantial part of its liabilities by end-2002, as shown in Table 14.
De polske myndigheder har anført, at de offentlige kreditorer i modsætning til private kreditorer gennemførte tvangsfuldbyrdelse ved fogedforretning.
According to the Polish authorities, public creditors – contrary to private creditors – undertook forced enforcement action through a court enforcement officer.
Mellem 1998 og 2007 indgav socialsikringsmyndigheden fuldbyrdelseskrav for 119,95 mio. PLN, skattekontoret i Dolnośląsk indgav fuldbyrdelseskrav for 43,8 mio. PLN, og den statslige fond til rehabilitering af funktionshæmmede indgav fuldbyrdelseskrav for 2,1 mio. PLN, men de beløb, der indkom som følge af tvangsfuldbyrdelsen nåede ikke de i fuldbyrdelseskravene angivne niveauer.
Between 1998 and 2007 the Social Security Office issued enforcement titles for an amount of PLN 119,95 million, the Lower Silesia Region Tax Office for an amount of PLN 43,8 million and the State Fund for the Rehabilitation of the Disabled for an amount of PLN 2,1 million, but the amount actually obtained from enforcement did not reach the level of the liabilities indicated in the enforcement titles.
De polske myndigheder understregede, at alternative muligheder, såsom overtagelse af aktiver, ikke af fogeden var blevet anerkendt som velbegrundede og ikke var økonomisk velfunderede.
The Polish authorities stressed that alternative options, such as taking possession of assets, were not deemed reasonable by the court enforcement officer to execute and made no economic sense.
Andre offentlige kreditorer gennemførte ikke tvangsfuldbyrdelse, men observerede privatiserings- og omstruktureringsprocessen i håbet om, at den ville være mere gunstig for kreditorerne end direkte tvangsfuldbyrdelse af deres krav.
Other public creditors did not take any enforcement action but they observed the privatisation and restructuring process which, they believed, would provide them with a higher return than direct execution of their claims.
Oversigt over offentlige kreditorers tvangsfuldbyrdelse over for PZL Hydral (1997-2009)
Summary of public creditor enforcement action vis-à-vis PZL Hydral (1997-2009)
Indfriet gæld til det offentlige
Repaid public liabilities
I perioden 1998-2009 blev der indfriet gæld til det offentlige til en værdi af 87,846 mio. PLN (26 %).
Between 1998 and 2009 public liabilities of PLN 87,846 million (26 %) were repaid.
Desuden er PZL Hydrals indfrielse af gæld til det offentlige steget betragteligt siden 2003.
There has been a considerable increase in repayment of PZL Hydral's public liabilities since 2003.
PZL Hydral som kriseramt virksomhed
PZL Hydral as a company in difficulty
Tabel 22 indeholder de finansielle oplysninger for PZL Hydral i 1998-2009.
Table 22 shows the financial data of PZL Hydral for 1998-2009.
Udvalgte oplysninger fra PZL Hydrals regnskaber (1000 PLN)
Selected data from PZL Hydral's financial reports (PLN thousand)
Indtægt fra nettosalg
Revenue from net sales
Fortjeneste/ tab på salg
Profit (loss) on sales
Nettofortjeneste (-tab) [15]
Net profit (loss) [15]
(Negativ) egenkapital
Shareholder's (negative) equity
Langfristede forpligtelser og reserver
Long term liabilities and reserves
Fra 1998 til 2002 havde PZL Hydral en positiv egenkapital.
From 1998 until 2002, PZL Hydral had positive equity.
Som forklaret ovenfor kom PZL Hydrals indtægter fra 2008 hovedsagelig fra salg af tjenester og varer produceret i de foregående og — mindre omfang — fra datterselskaber.
As explained above, from 2008 onwards PZL Hydral derived its income predominantly from selling services and stock produced in previous years and, to a limited extent, from its subsidiaries.
PZL Wrocław som kriseramt virksomhed
PZL Wrocław as a company in difficulty
PZL Wrocławs finansielle situation er kendetegnet ved, at virksomheden hverken i 2007, 2008 eller 2009 tabte mere end 50 % af sin kapital, og at den ikke opfyldte lovens krav med hensyn til fælles konkursbegæring.
As regards the financial situation of PZL Wrocław, neither in 2007, 2008 nor 2009 did PZL Wrocław lose more than 50 % of its capital and nor did it meet the eligibility requirements for insolvency proceedings under Polish law.
Det fremgår af PZL Wrocławs regnskaber, at værdien af anlægsaktiverne steg fra 4,8 mio. PLN i 2006 til 25,7 mio. PLN i 2007, 27 mio. PLN i 2008 og 29 mio. PLN i 2009. I henhold til den polske budgetlov tildeles bevillingerne til militære indkøb hvert år af forsvarsministeren.
The Polish authorities also maintain that, until end-2008, the market on which PZL Wrocław operated, i.e. the aviation and defence market, did not show any signs of slowing down.
I 2008 indgik PZL Wrocław kontrakter for og solgte militært udstyr (f.eks. hydrauliske systemer, pneumatiske komponenter til brændstofskontrolsystemer) til en værdi af […] og leverede vedligeholdelsestjenester til forsvarsministeriet til en værdi af […], dvs. i alt […]. (49) De polske myndigheder anfører også, at det marked, PZL Wrocław opererede på, dvs. markedet for luftfartøjs- og forsvarsudstyr, ikke udviste vigende tendenser.
In 2009, however, PZL Wrocław experienced financial difficulties as a result of a sharp fall in orders by the Ministry of Defence due to the economic crisis.
Derfor faldt salget af militært udstyr i forhold til 2008 med […] %. Således kunne PZL Wrocław i 2009 notere et nettotab på 8,3 mio. PLN.
Its turnover decreased from PLN 60 million in 2008 to PLN 41 million in 2009.
De polske myndigheder oplyste Kommissionen om, at PZL Wrocław i henhold til polsk lovgivning [16] endnu ikke opfyldte kriterierne for adgang til konkursbegæring.
The Polish authorities informed the Commission that under Polish law [16] PZL Wrocław was not yet eligible for bankruptcy proceedings.
Hvis Hydral-koncernens igangværende omstruktureringsproces på basis af antagelserne i omstruktureringsplanen vedrørende offentligretlige forpligtelser og den indgåede rammeaftale med investoren ikke lykkes, vil PZL Wrocław være nødsaget til at indgive konkursbehandling.
However, should the ongoing restructuring process of the Hydral Group based on the assumptions underpinning the restructuring plan for public-law liabilities and the framework agreement with the investor be unsuccessful, PZL Wrocław will have to lodge an application for bankruptcy.
Omstruktureringsplanen og privatiseringsprocessen
The restructuring plan and the privatisation process
Omstruktureringsplanen for PZL Hydral og PZL Wrocław (i det følgende benævnt »planen«) skal betragtes i sammenhæng med de polske myndigheders forsøg på at privatisere de rentable dele af virksomheden, især inden for luftfartøjer og forsvar.
The restructuring plan for PZL Hydral and PZL Wrocław (‘the Plan’) has to be seen in the context of Poland's attempts to privatise the viable parts of the business, particularly in the aviation and defence field.
I 1998 udarbejdede et privat konsulentfirma, Business Management Finance S.A, en omstruktureringsstrategi for PZL Hydral.
In 1998 a private consulting group, Business Management Finance S.A, prepared a strategy for restructuring PZL Hydral.
Strategien omfattede en beskrivelse af PZL Hydrals nuværende finansielle situation og en analyse af omkostninger og omstruktureringsaktiviteter.
The strategy comprised a diagnosis of the current financial status of PZL Hydral along with an analysis of costs and restructuring activities.
I planen påpeges det, at det vil være rationelt at isolere nogen af PZL Hydrals aktiver og sælge dem til en privat investor med henblik på omstrukturering af PZL Hydrals forpligtelser.
It indicates that it would be reasonable to isolate some of PZL Hydral's assets and sell them to a private investor in order to restructure PZL Hydral's liabilities.
PZL Hydrals aktionærer og - efter denne virksomheds oprettelse i 2004 - PZL Wrocławs aktionærer overvejede regelmæssigt en privatisering af koncernen eller dele heraf (PZL Wrocław) og forhandlede vilkårene for transaktionen med de interesserede parter.
The shareholders of PZL Hydral and, following its incorporation in 2004, of PZL Wrocław, met regularly to consider privatising the group or parts thereof (PZL Wrocław) and negotiated the terms of the transaction with the interested parties.
De polske myndigheder indledte derfor forhandlinger med potentielle investorer, som blev nøje overvåget af de private kreditorer (kun i forbindelse med det første privatiseringsforsøg med […]) og de offentligretlige kreditorer.
Consequently, the Polish authorities entered into negotiations with potential investors, which were closely followed by private (only for the first privatisation attempt with […]) and public creditors.
Der førtes forhandlinger med følgende virksomheder: […] (2002-2006), […] (2007-2008), […] (2008) og fra 2009 med den nuværende investor - […] (i det følgende benævnt […] eller »investoren«).
The negotiations took place with the following companies: […] (2002-2006), […] (2007-2008), […] (2008) and, as of 2009, with the current investor, […] (‘[…]’ or ‘the investor’).
Forhandlinger med selskabet […] om privatisering af PZL Hydral
Negotiations with […] for the privatisation of PZL Hydral
I 2002 indledtes der som følge af et industrielt samarbejde forhandlinger om salg af PZL Hydral med […], en global producent af flykomponenter med en årlig omsætning i 2009 på […].
In 2002, as a result of industrial cooperation, talks on the sale of PZL Hydral commenced with […], a global producer of aviation components with annual turnover in 2009 of […].
Den 25. november 2002 indgik […] og PZL Hydral en aftale om fortrolighed.
On 25 November 2002 […] and PZL Hydral concluded an agreement regarding non-disclosure of information.
Den 22. april 2003 sendte selskabet […] en hensigtserklæring til PZL Hydral, hvori det tilkendegav sin interesse i eventuelt at købe PZL Hydrals aktier og i gennemførelse af en due diligence-undersøgelse.
On 22 April 2003 […] sent a letter of intent to PZL Hydral in which it expressed its interest in the potential purchase of PZL Hydral's shares and its willingness to carry out a due diligence study.
I det andet halvår af 2005 og det første halvår af 2006 blev der arrangeret en række møder med repræsentanter fra […].
In the second half of 2005 and the first half of 2006, numerous meeting were held with the representatives of […].
Imidlertid har […] ikke siden november 2006 taget skridt til fuldendelse af transaktionen.
However, […] has not taken action to complete the transaction since November 2006.
De polske myndigheder mener, at […] har trukket sig tilbage fra forhandlingerne, fordi der ikke er fundet nogen løsning på spørgsmålet om PZL Wrocławs gæld.
According to the Polish authorities, […] withdrew from the negotiations because no solution had been found to the issue of the company's debt.
De offentlige og de private kreditorer blev løbende holdt orienteret om status for forhandlingerne (undertiden hver uge), mens disse stod på.
During these negotiations, the public and private creditors were regularly updated, sometimes on a weekly basis, on their progress.
Forberedelser til et nyt privatiseringstiltag, udarbejdelse af omstruktureringsplanen 2007-2010 og lånet fra 2007
Preparations for a second privatisation attempt, establishment of the 2007-2010 restructuring plan and the 2007 loan
De polske myndigheder besluttede sig til at forfølge en ny privatiseringsstrategi, der var rettet imod at gøre PZL Wrocław til en rentabel virksomhed, der kunne sælges, og efterfølgende likvidere PZL Hydral ved udnyttelse af indtægterne fra salget af PZL Wrocław og dets datterselskaber og aktiver.
The Polish authorities pursued a new privatisation strategy, which focused on making PZL Wrocław a viable business to be sold and winding up PZL Hydral afterwards with the proceeds of the sale of PZL Wrocław and its other subsidiaries and assets.
Denne strategi, der var resultatet af aftaler mellem ARP, PZL Hydral og PZL Hydrals offentlige kreditorer, blev i fjerde kvartal af 2007 formaliseret som omstruktureringsplanen 2007-2010 (i det følgende benævnt »planen«).
This strategy was agreed by the IDA, PZL Hydral and the public creditors of PZL Hydral and was formalised as the 2007-2010 restructuring plan (‘the Plan’) in the fourth quarter of 2007.
Ifølge planen skulle de offentligretlige kreditorer betales med indtægterne fra salget af PZL Hydrals aktiver på følgende måde: Zakład Ciepłowniczy »Term-Hydral« Sp. z o.o.
According to the Plan, the public creditors were to be repaid from the proceeds of the sale of PZL Hydral's assets, shown as follows: Zakład Ciepłowniczy ‘Term-Hydral’ Sp. z o.o.
1 mio. PLN, Zakład Produkcji Hydrauliki »Hydral« sp. z o.o.
PLN 1 million, Zakład Produkcji Hydrauliki ‘Hydral’ Sp. z o.o.
3 mio. PLN.
PLN 3 million.
Salget af PZL Wrocław skulle indbringe 65,9 mio. PLN (herunder salget af støberiet).
The sale of PZL Wrocław was supposed to bring PLN 65,9 million (including the casting plant).
Salget af andre finansielle aktiver forventedes at indbringe 0,5 mio. PLN, ligesom salget af en ejendom ved navn BBCenter skulle indbringe 47,5 mio. PLN, en parkeringspark 2 mio. PLN og et kraftværk (GSZ) 0,9 mio. PLN.
The sale of the other financial assets was expected to yield PLN 0,5 million and a real estate asset called the BBCenter PLN 47,5 million, a car park PLN 2 million and a power station (GSZ) PLN 0,9 million.
Planen hvilede derfor på den antagelse, at salget af aktiver samlet ville give indtægter på mindst 120,8 mio. PLN.
The Plan was therefore based on an assumption that the asset sale would generate total revenue of at least PLN 120,8 million.
I henhold til planen skulle der også foretages en kapitaltilførsel på 36 mio. PLN til anvendelse som forskud på betalingen på 156,8 mio. PLN til de offentlige kreditorer.
The Plan also provided for a capital injection of PLN 36 million to guarantee the repayment of PLN 156,8 million to public creditors.
I planen forventedes det også, at ARP ville kunne bevilge en yderligere kapitaltilførsel på 77,4 mio. PLN til indfrielse af forpligtelserne over for ZUS i 1996-1998.
It also anticipated the possibility of the IDA granting an additional capital injection of PLN 77,4 million to repay the Social Security Office's liabilities for 1996-1998.
I mellemtiden fik PZL Wrocław i januar 2007 militære certifikater og koncessioner til handel med våben (jf. betragtning 16).
Subsequently, in January 2007, PZL Wrocław acquired military certificates and permits to trade in arms (see point 16).
I løbet af 2007 erhvervede virksomheden yderligere aktiver, maskiner, udstyr og knowhow.
In the course of 2007 it acquired more assets, machinery, equipment and know-how.
Disse erhvervelser blev finansieret ved et lån på 12,5 mio. PLN ydet af ARP til PZL Wrocław den 24. maj 2007 (i det følgende benævnt »2007-lånet«), og ved in natura-bidrag til PZL Wrocławs kapital fra moderselskabet PZL Hydral i form af overførsel af aktiver i december 2007.
This acquisition was financed by a loan of PLN 12,5 million, which the IDA granted to PZL Wrocław on 24 May 2007 (‘the 2007 loan’), and through an in-kind contribution to the capital of PZL Wrocław by the parent company, PZL Hydral, in the form of an asset transfer in December 2007.
De polske myndigheder understregede også, at 2007-lånet var ydet med henblik på, at ARP kunne opnå en andel på ca. […] % i PZL Wrocław (på basis af en konvertering af fordringer til andele i egenkapitalen), og at ARP ville kunne realisere et passende afkast på den investerede kapital ved salg af sine aktier i PZL Wrocław, mens PZL Hydral skulle bruge sin aktieandel til at imødekomme de offentligretlige kreditorer med.
The Polish authorities also emphasised that the 2007 loan had been granted with a view to the IDA obtaining a share of approximately […]% in PZL Wrocław (corresponding to a debt-for-equity swap) and that the IDA would realise an adequate return on the capital invested after it sold its shares in PZL Wrocław, whereas PZL Hydral would use its shareholding to satisfy the public creditors.
2007-lånet blev ydet til variabel WIBOR-rente (3M) + 200 basispoint, hvilket på dette tidspunkt svarede til 6,45 % indledningsvis og indtil 2007, baseret på den antagelse, at denne periode ville blive forlænget, indtil konverteringen af fordringer til andele i egenkapitalen rent faktisk havde fundet sted før salget af PZL Wrocław.
The 2007 loan was granted at a variable 3M WIBOR plus 200 basis points, at that time 6,45 % for an initial duration until 2007 and was based on the understanding that it would be extended until the debt-for-equity swap took place prior to the sale of PZL Wrocław.
Der blev stillet sikkerhed for lånet på følgende måder:
The loan was secured by the following collateral: