natgillin/translations-raw huggingface dataset:
Denne støtte vil være i overensstemmelse med kriterierne i rammebestemmelserne og dermed forenelig med det indre marked, når det kan konstateres, at der er tale om et reelt og faktisk egetbidrag på mindst halvdelen af omkostningerne til omstruktureringen, dvs. når de suspensive betingelser, der er nævnt i denne afgørelses betragtning 318 og artikel 2, er opfyldt.
The restructuring aid does not create any obvious distortion of competition insofar as the Areva Group is the only operator in this segment.
Støtten kan således ikke gennemføres, før disse to betingelser er opfyldt —
The Commission concedes that MOX is a competitor of conventional fuel, for which New Areva will have competition from other suppliers.
VEDTAGET DENNE AFGØRELSE:
However, for the reasons described in recitals 356 to 360, additional measures are not justified in this market.
Artikel 1
Finally, logistics and decommissioning are relatively minor markets for the Areva Group, in which it will not hold a particularly significant position after the restructuring.
Den statsstøtte, som Frankrig påtænker at yde til fordel for Areva-koncernen for et beløb på 4,5 mia. EUR, er forenelig med det indre marked i overensstemmelse med artikel 107, stk. 3, i traktaten om Den Europæiske Unions funktionsmåde under de betingelser, der er fastsat i denne afgørelses artikel 2.
As regards logistics, for example, in 2013 the Areva Group held a market share in terms of volume of around [0-50] % for the production of packaging needed for the dry storage and transportation of spent fuel (‘casks’), with the German company GNS holding [50-100] % of this market.
Artikel 2
On the decommissioning market, New Areva will have a market share of approximately [0-20] % and will be in competition with a large number of other companies (Onet, Vinci, Bouygues, Westinghouse, Amec, Nukem, Iberdrola, etc.).
Gennemførelsen af støtteforanstaltningen i denne afgørelses artikel 1 er betinget af:
No especially obvious distortion of competition has been brought to the attention of the Commission during the investigation into these markets, on which there is no excess capacity.
ASN's konklusion om resultaterne af berettigelsesprogrammet vedrørende problematikken med kulstofsejgring i komponenter i bassinet i EPR-reaktoren under Flamanville 3-projektet, uden at det berører bassinkomponenternes brugbarhed som følge af denne kulstofsejgring, eller alternativt en afgørelse fra EDF's side, som meddeles til Areva-koncernen med henblik på afhændelsen af Nouvel Areva NP, om at ophæve den suspensive klausul vedrørende EPR-reaktoren under Flamanville 3-projektet, for så vidt angår den kulstofsejgring, der er konstateret i reaktorens bassinkomponenter
Specific additional measures for these markets are not, therefore, justified.
Kommissionens godkendelse af fusionen mellem EDF og Nouvel Areva NP.
In light of the above, the Commission concludes that, following the divestment of New Areva NP by the Areva Group and the commitments given by France, no distortion of competition justifying an additional measure will exist on the markets on which the Areva Group will hold a significant position after the restructuring.
Artikel 3
Concluding its analysis of the measures taken to limit the distortions of competition created by the aid, the Commission notes the commitments given by the French authorities to comply with point 84(a) and (b) of the Guidelines.
Planen for omstrukturering af Areva-koncernen, som meddelt af Frankrig, gennemføres i sin helhed.
In this regard, point 84(a) of the Guidelines states that beneficiaries of restructuring aid must refrain from acquiring shares in any company during the restructuring period, except where indispensable to ensure the long-term viability of the beneficiary.
Frankrig fremsender halvårsrapporter til Kommissionen om gennemførelsen af omstruktureringsplanen, om Areva-koncernens position på de markeder, hvorpå koncernen er aktiv, og om opfyldelsen af de tilsagn, som Frankrig har afgivet som led i denne afgørelse.
This obligation refers to acquisitions of shares made to expand the beneficiary's presence in existing or new markets via external growth, not to the rationalisation and use of existing means of production via internal growth.
Disse rapporter fremsendes i hele omstruktureringsperioden at regne fra datoen for meddelelsen af denne afgørelse.
The Commission believes that, in this case, the creation of production joint ventures for the sole purpose of rationalising production facilities using existing assets, rather than acquiring and jointly exploiting new assets, cannot be considered an acquisition of shares, provided that the shareholders in the joint venture do not have individual drawing rights greater than their own contributions.
Den første rapport skal være Kommissionen i hænde inden for en frist på seks måneder at regne fra meddelelsen af denne afgørelse.
Similarly, for the purpose of implementing point 84(a) of the Guidelines in this case, the acquisition of undertakings with a view to decommissioning any assets they may hold is not considered an acquisition of shares.
Frankrig underretter Kommissionen, når en af de to begivenheder, der er nævnt i denne afgørelses artikel 2, litra a), finder sted.
On the decommissioning market, […] the owner of an undertaking holding assets that are to be decommissioned — such as a disused nuclear power plant — asks the service providers wishing to take on the decommissioning to form a consortium for the purpose of acquiring the undertaking and its decommissioning provisions, and to use those provisions to decommission the assets.
Artikel 4
For the undertakings in the acquiring consortium, and especially for the Areva Group, this scenario represents a specific way of continuing to provide the services it already provides, rather than an acquisition of shares allowing the Areva Group to expand its presence via external growth.
Denne afgørelse er rettet til Den Franske Republik.
In the light of the above, the French authorities have undertaken to ensure that, throughout the restructuring period, the Areva Group (Areva SA and New Areva) and the undertakings under its control refrain from acquiring shares, directly or indirectly, in any undertaking that is not already under its control, with the exception of the following projects:
Udfærdiget i Bruxelles, den 10. januar 2017.
The Commission considers these projects essential to restoring the viability of the Areva Group, for the following reasons.
På Kommissionens vegne
First of all, the Commission notes that these projects contribute EUR […] to restoring the long-term viability (2017-2025) of the Areva Group.
Medlem af Kommissionen
Since this figure is approximately the same as the annual EBITDA during this period, the Commission feels that these projects are essential for carrying out the restructuring plan.
EUT C 301 af 19.8.2016, s. 2.
Furthermore, some of these projects […] relate to the mining activities of the Areva Group.
Se fodnote 1.
In this regard, the Areva Group will be faced with the closure of a number of large mines, for example in […].
Denne enhed er beskrevet i denne afgørelses betragtning 33.
However, the mining business is a […] contributor to New Areva's long-term viability, as already explained in recital 371.
Det brugte brændsel fra en atomreaktor indeholder 94-95 % uran (forarmet) og 1 % plutonium, som begge kan genvindes og bruges som »ny« brændsel til atomkraftværker i form af MOX-brændsel ( »Mixed Oxyde Fuel«).
Given that economic cycles in this field are extremely long, it is essential for any business wishing to remain active therein in the long term to have an ongoing portfolio of mining projects at various stages of development.
I det følgende omfatter begrebet »reaktorrelaterede aktiviteter« også montering af brændselselementer, medmindre andet er angivet.
The Areva Group's mining projects included in points (a) to (d) of recital 390 are mainly aimed at replacing the capacity that will be lost […].
Da Areva NP, Areva TA og Canberra skulle afhændes inden for kort tid, blev de pågældende datterselskabers aktiviteter ikke medtaget i Areva-koncernens omsætning for 2015.
Moreover, the development of the activities of the Areva Group […], which is pursuing an ambitious nuclear energy development strategy, is also crucial to restoring its viability.
Skøn foretaget ved udgangen af 2015.
The projects in question take the form of joint ventures with the company […].
Fortrolige oplysninger.
Having analysed the projects […] listed under points (a), (d), (e), (g), (h), (j) and (q) of recital 390, the Commission believes that they are essential for the Areva Group's development strategy, which is itself crucial to the company's long-term viability.
I aftalen benævnt »Provisional Take Over Date«.
The same argument applies to the Areva Group's development projects […].[…].
Det drejer sig om den dato, hvorpå de i kontrakten fastsatte betingelser for tilgængelighed og ydeevne er opfyldt, anlægget er modtaget, og kunden har sat anlægget i drift.
These projects […] are referred to in points (o) and (p) of recital 390.
»Trimning« er en operation, der består i at adskille aktiver eller aktiviteter, der ikke er en del af afhændelsens område, fra en virksomhed, der skal afhændes, og i givet fald — i modsætning til tidligere — gøre dem juridisk og operationelt uafhængige.
Another group of projects […] relates to […], which are dynamic markets on which the Areva Group must maintain a presence to ensure the success of its restructuring plan.
Areva-koncernen indledte f.eks. moderniseringen af sine anlæg til omdannelse og berigelse, Comurhex II og Georges Besse II.
These projects are referred to in points (i) to (n) of recital 390.
Dette tal svarer til Areva-koncernens bruttogæld, dvs. eksklusive kortfristede likvide midler.
Finally, the project referred to under point (f) of recital 390 relating to […].
Se pressemeddelelser udsendt af EDF og Areva-koncernen den 13. april 2016: www.edf.fr/groupe-edf/espaces-dedies/medias/tous-les-communiques-de-presse/epr-de-flamanville-etat-d-avancement-du-programme-d-essais-de-la-cuve og www.areva.com/FR/actualites-10753/epr-de-flamanville-etat-d-avancement-du-programme-d-essais-de-la-cuve.html.
The Commission may approve any other investment that proves to be indispensable to ensure the long-term viability of the Areva Group and is not a means of bypassing the obligation to limit the Group's presence on existing markets.
Ifølge Areva-koncernens og de franske myndigheders beregninger vil Nouvel Areva således ved udgangen af 2019 have opnået et S&P-forhold mellem nettogæld og resultat før renter, skat og af- og nedskrivninger på […] og et S&P-forhold mellem operationelt cashflow og nettogæld på […].
The intention to make such an acquisition and the information allowing the Commission to verify whether these conditions are met and, where applicable, approve or not oppose the acquisition must be notified to the Commission within a reasonable time frame, as part of the process for monitoring the restructuring plan.
Disse omkostninger og tilpasningen af støttebeløbet til dækning heraf er analyseret nærmere i denne afgørelses punkt 5.2.3.2.
Secondly, in line with point 84(b) of the Guidelines, the French authorities have undertaken to ensure that the Areva Group (Areva SA and New Areva) refrain from publicising State support as a competitive advantage when marketing its products and services.
EUT C 249 af 31.7.2014, s. 1.
Transparency of aid
Se f.eks. Kommissionens afgørelse (EU) 2016/2068 af 29. juli 2013 om statsstøtte SA.35611 (13/C), som Frankrig påtænker at yde til koncernen PSA Peugeot Citroën SA (EUT L 325 af 30.11.2016, s. 1).
In accordance with point 38(g) of the Guidelines, Member States, the Commission, economic operators and the public must have easy access to all relevant acts and pertinent information about the aid awarded.
Kommissionens afgørelse (EU) 2015/119 af 29. juli 2014 om statsstøtte SA.36874 (2013/C), som Polen påtænker at yde til LOT Polish Airlines S.A., samt om foranstaltning SA.36752 (2014/NN) (ex 2013/CP) iværksat af Polen til fordel for LOT Polish Airlines S.A.
This means that the provisions on transparency laid down in point 96 of the Guidelines must be complied with.
(EUT L 25 af 30.1.2015, s. 1), betragtning 269; Kommissionens afgørelse 2012/397/EU af 24. oktober 2011 om statsstøtte SA 32600 (2011/C) — Frankrig — Støtte til SNCF's omstrukturering af SeaFrance SA (EUT L 195 af 21.7.2012, s. 1), betragtning 155.
The Commission notes that the French authorities have provided assurances that the transparency conditions laid down in point 96 of the Guidelines will be complied with.
Rammebestemmelserne, punkt 87 (understregninger tilføjet af de franske myndigheder).
In particular, the French authorities undertake to publish and make publicly available the information outlined in the communication [61] on transparency.
Kommissionens beslutning 2009/174/EF af 21. oktober 2008 om Ungarns foranstaltning C 35/04 til fordel for Postabank og Takarékpénztár Rt./Erste Bank Hungary Nyrt.
This information will be available at https://www.legifrance.gouv.fr or at http://www.economie.gouv.fr/agence-participations-etat.
(EUT L 62 af 6.3.2009, s. 14), betragtning 57; Kommissionens beslutning 2008/214/EF af 18. juli 2007 om statsstøtte C 27/04 ydet af Den Tjekkiske Republik til GE Capital Bank a.s. og GE Capital International Holdings Corporation, USA (EUT L 67 af 11.3.2008, s. 3), betragtning 86.
COMMITMENTS GIVEN BY FRANCE
Kommissionens afgørelse 2014/189/EU af 28. december 2012 om statsstøtte SA.33760 (12/N-2, 11/C, 11/N); SA.33763 (12/N-2, 11/C, 11/N); SA.33764 (12/N-2, 11/C, 11/N); SA.30521 (MC 2/10); SA.26653 (C9/09); SA.34925 (12/N-2, 12/C, 12/N); SA.34927 (12/N-2, 12/C, 12/N); SA.34928 (12/N-2, 12/C, 12/N) iværksat af Kongeriget Belgien, Den Franske Republik og Storhertugdømmet Luxembourg til Dexia, DBB/Belfius og DMA (EUT L 110 af 12.4.2014, s. 1), betragtning 213.
The Commission notes the commitments given by France under this procedure.
Se bl.a. Kommissionens beslutning af 19. september 2006 i sag M.4153, Toshiba/Westinghouse, betragtning 37-50.
The French authorities have undertaken to ensure that:
Domstolens dom af 5. juni 2012, Kommissionen mod EDF, C-124/10 P, ECLI:EU:C:2012:318, præmis 84 og 104.
the Areva Group's divestment of its reactors business is total, which means that Areva SA and New Areva will no longer have any capital link with New Areva NP following the notified restructuring plan.
»Earnings before interest, taxes, depreciation and amortisation«: resultat før renter, skat og af- og nedskrivninger.
during the restructuring period, the Areva Group does not increase the capacity of the Georges Besse II plant, with the exception of the acquisition and installation of centrifuges planned under its existing agreements […];
Kommissionens afgørelse (EU) 2016/154 af 22. juli 2015 om statsstøtte SA.13869 (C 68/2002) (ex NN 80/2002) Konvertering af skattefrie regnskabsmæssige henlæggelser til kapital med henblik på fornyelse af det franske højspændingsnet (Réseau d'Alimentation Générale) iværksat af Frankrig til fordel for EDF (EUT L 34 af 10.2.2016, s. 152), betragtning 182-189.
Areva SA does not carry out any activities other than those specifically set out in the restructuring plan notified to the Commission;
Se også Rettens dom af 3. juli 2014, Spanien mod Kommissionen, T-319/12, ECLI:EU:T:2014:604, præmis 48-66.
during the restructuring period, EDF-controlled New Areva NP and New Areva do not enter into any strategic partnership or other framework agreement for commercial cooperation aimed at favouring New Areva in situations where New Areva NP wishes to provide a customer with an integrated offering alongside a supplier of nuclear material, in the markets identified in recitals 344 and 347 (supply of fuel assemblies and construction of new reactors).
Se navnlig artikel 1, 2 og 52 i Euratomtraktaten.
This commitment does not prevent New Areva and New Areva NP from formulating joint bids, provided that New Areva was selected on the basis of commercial and technical criteria.
Se Kommissionens beslutning 2005/407/EF af 22. september 2004 om den statsstøtte, som Det Forenede Kongerige vil give British Energy plc (EUT L 142 af 6.6.2005, s. 26) og Kommissionens afgørelse (EU) 2015/658 af 8. oktober 2014 om støtteforanstaltning SA.34947 (2013/C) (ex 2013/N), som Det Forenede Kongerige påtænker at tildele Hinkley Point C Nuclear Power Station (EUT L 109 af 28.4.2015, s. 44).
during the restructuring period, the Areva Group (Areva SA and New Areva) and the undertakings under its control refrain from acquiring shares, directly or indirectly, in any undertaking that is not already under its control, with the exception of the projects referred to in recital 390.
De anslåede markedsandele er dem, som Areva-koncernen har oplyst.
This commitment does not apply to acquisitions of shares by New Areva and the companies it controls directly or indirectly, for the purposes of the financial management of (i) the decommissioning funds that the Areva Group is required to manage pursuant to a legal or regulatory requirement; (ii) the Areva Group's staff pension funds; (iii) its cash investments.
Se f.eks. beregninger fra den finansielle konsulent UxC, som fremgår af anmeldelsen.
the Areva Group (Areva SA and New Areva) refrain from publicising State support as a competitive advantage when marketing its products and services.
Se betragtning 147.
CONCLUSIONS
2,5 mia. EUR for 100 % af Nouvel Areva NP's kapital og 60 mio. EUR for afhændelsen af Adwen.
The subscription by the French State to the capital injections in Areva SA and New Areva constitute State aid for restructuring of EUR 4,5 billion.
Begrundelsen bygger på den antagelse, at afhændelsen af Nouvel Areva NP til EDF finder sted i henhold til bestemmelserne i den aktiekøbsaftale, der blev indgået den 15. november 2016.
This aid will comply with the criteria set out in the Guidelines and will therefore be compatible with the internal market when the existence of a real and actual own contribution at least equal to half the restructuring costs has been confirmed, i.e. when the conditions precedent identified in recital 318 and described in Article 2 of this Decision are lifted.
Indtægterne fra afhændelsen af Areva TA er ikke medregnet i likviditetsplanen for Areva SA, eftersom afhændelsen er likviditetsneutral, fordi den direkte sikrer tilbagebetaling af de [0-1 mia.]
It follows that the aid cannot be implemented until these two conditions are met,
EUR i forskud fra kunder, som Areva-koncernen havde mobiliseret via Areva TA.
HAS ADOPTED THIS DECISION:
Dvs. beløbet på 3,4 mia. EUR i bankgæld, [0-1 mia.]
Article 1
EUR i udgifter og hensættelser vedrørende aktiviteterne til afhændelse og [0,5-1,5 mia.]
The State aid of EUR 4,5 billion that France plans to implement in favour of the Areva Group is compatible with the internal market pursuant to Article 107(3) of the Treaty on the Functioning of the European Union and the conditions laid down in Article 2 of this Decision.
EUR i negativt operationelt cashflow i forbindelse med afslutningen af OL3-projektet (ekskl. juridiske risici).
Article 2
Afhængigt af om pristillægget for Nouvel Areva NP betales eller ej.
The implementation of the aid referred to in Article 1 of this Decision is conditional on the following being obtained:
Det er f.eks. tilfældet for en eventuel erstatning, som Areva-koncernen, som medlem af konsortiet, vil skulle betale til TVO efter voldgiftsrettens dom, som forventes afsagt […].
the ASN's conclusions on the results of the demonstration programme regarding the carbon segregation issue identified in parts of the Flamanville 3 EPR reactor vessel, to the effect that the parts of the vessel are not deemed unfit for use as a result of the segregation; or, alternatively, a decision by EDF, notified to the Areva Group with a view to completing the divestment of New Areva NP, to lift the condition precedent concerning the Flamanville 3 EPR reactor in relation to the carbon segregation identified in the parts of that reactor's vessel;
Rådets direktiv 2009/71/Euratom af 25. juni 2009 om EF-rammebestemmelser for nukleare anlægs nukleare sikkerhed (EUT L 172 af 2.7.2009, s.18).
the Commission's authorisation of the concentration between EDF and New Areva NP.
Rådets direktiv 2014/87/Euratom af 8. juli 2014 om ændring af direktiv 2009/71/Euratom om EF-rammebestemmelser for nukleare anlægs nukleare sikkerhed (EUT L 219 af 25.7.2014, s. 42).
Article 3
Det er på grund af disse lange frister, at Nouvel Areva NP først kan afhændes til EDF ved udgangen af 2017, dvs. efter en undersøgelse på omkring halvandet år — idet fristen har kunnet afkortes i denne sag, fordi EDF og Areva-koncernen, der allerede driver atomkraftværker i Frankrig, er kendt af ASN, hvilket ikke ville være tilfældet for en eventuel ny operatør.
The Areva Group's restructuring plan, as communicated by France, shall be implemented in its entirety.
Se artikel 4 i dekret nr. 2007-1557 af 2.11.2007 om basisatomkraftværker og tilsyn med nuklear sikkerhed og transport af radioaktive stoffer.
France shall communicate to the Commission half-yearly reports on the implementation of the restructuring plan, on the Areva Group's position on the markets where it operates, and on compliance with the commitments given by France under this Decision.
Baseret på data hentet fra Areva-koncernens regnskaber fra 2014: resultat før renter, skat og af- og nedskrivninger på 711 mio. EUR og nettogæld på 5,8 mia. EUR.
These reports shall be provided throughout the restructuring period, starting from the notification of this Decision.
Forskellen mellem disse to beløb skyldes det pristillæg, som EDF kan komme til at betale for overtagelsen af Nouvel Areva NP under visse betingelser.
The first report shall reach the Commission within six months of the date of notification of this Decision.
Minoritetsaktionærerne er i faldende orden KIA (Kuwait Investment Authority) (5 %), offentlige aktionærer (4 %), EDF (2 %), medarbejderaktionærer (1 %), Total (1 %) og Areva (< 1 %).
France shall inform the Commission when one of the two events described in Article 2(a) of this Decision occurs.
Eurodif er det datterselskab i Areva-koncernen, der er ansvarligt for omdannelsesaktiviteterne.
Article 4
Se f.eks. afgørelse (EU) 2016/2068.
This Decision is addressed to the French Republic.
Rådets forordning (EF) nr. 139/2004 af 20. januar 2004 om kontrol med fusioner og virksomhedsovertagelser (»EF-fusionsforordningen«) ( EUT L 24 af 29.1.2004, s. 1).
Done at Brussels, 10 January 2017.
Det gælder navnlig: Areva TA, Canberra, Adwen og Elta.
For the Commission
Disse datterselskaber tegner sig sammen for omkring 5 % af Areva-koncernens balance før omstruktureringen og en ubetydelig del af koncernens omsætning, mens den planlagte statsstøtte tegner sig for næsten 20 % af balancen pr. 31. december 2015 og et halvt års omsætning før omstruktureringen.
Member of the Commission
Société Générales værdiansættelse af Areva NP, januar 2016.
OJ C 301, 19.8.2016, p. 2.
projektet, som er det første i en række af projekter inden for EPR-teknologien, vil — når det er afsluttet — have givet anledning til tab for et beløb på omkring 5,5 mia. EUR.
See footnote 1.
I december 2016 opnåede Urenco BBB+-kreditvurdering (S&P).
This entity is described in recital 33 of this Decision.
CNNC og Centrus (tidligere Usec) har hver en markedsandel på [0-20] %, idet det skal bemærkes, at Centrus nu kun fungerer som trader og ikke producent.
Spent fuel removed from a nuclear reactor is comprised of 94 % to 95 % (depleted) uranium and 1 % plutonium.
Markedsandelene er de andele, som Areva-koncernen har anslået […].
Both can be recycled as ‘new’ fuel for nuclear power stations in the form of MOX (mixed oxide fuel).
Markedsandelen er den andel, som Areva-koncernen har anslået.
In the rest of this Decision, any references to ‘the reactors business’ are understood to include fuel assemblies, unless otherwise specified.
EUT C 198 af 27.6.2014, s. 30.
As they were shortly to be sold off, the activities of Areva NP, Areva TA and Canberra were not included in the consolidated turnover for the Areva Group in 2015.
Kommissionen opfordrede interesserede tredjeparter til at fremsætte bemærkninger til den omhandlede støtte.
Confidential information.