natgillin/translations-raw huggingface dataset:
2010-tabet blev overført til 2012 og dækket ved en reduktion i virksomhedens egenkapital fra 6099961 EUR til 1209010,64 EUR.
The Commission should presumably take into account the fact that these activities have been carried out by Saremar both in 2011 and 2012.
Som et resultat heraf mistede Saremar over 80 % af sin kapital i 2011 og må betragtes som en kriseramt virksomhed i henhold til punkt 10 i retningslinjerne for redning og omstrukturering.
As mentioned above, a study concluded by an expert appointed by RAS was submitted to the Commission in August 2013.
På basis af Saremars 2012-balance registrerede virksomheden et tab på 1,7 mio. EUR i 2012.
The study concluded that the market value of the promotional activities carried out by Saremar in 2011 and 2012 would range between EUR 2458168 and EUR 2609631.
Som nævnt i betragtning 157 henviser Kommissionen til, at Saremar selv vurderede sin finansielle situation i 2012 som alvorlig.
Hence the EUR 2479000 price set by RAS would be justified.
Denne situation er blevet afspejlet ved beslutning 41/23, som blev vedtaget af RAS den 15. oktober 2012.
In the present case, there was neither an open and unconditional bidding procedure nor an ex-ante independent expert valuation prepared for the purposes of awarding the services in order to ensure that the price adequately reflects the market value of the services.
Beslutningen nævnte en meddelelse fra Saremars direktør af 4. oktober 2012, hvor sidstnævnte bl.a. informerede RAS om, at medmindre bestemmelserne i regional lov 15 af 7. august 2012, som fastsætter en støtte på 10 mio. EUR til virksomheden, blev gennemført omgående, ville virksomhedens gæld kunne sætte spørgsmålstegn ved dens fortsatte aktivitet, hvilket ville have væsentlige konsekvenser for både den offentlige tjeneste og den planlagte privatisering af virksomheden.
Since the activities in question were not tendered out, it cannot be assumed that the price paid by RAS is in line with market conditions, thus ruling out the possibility that it conferred an advantage on Saremar.
I betragtning af de løbende tab, likviditetsproblemer og den analyse, som Saremar selv havde udarbejdet, konkluderer Kommissionen, at virksomheden også på grundlag af punkt 11 i retningslinjerne for redning og omstrukturering må anses for at være kriseramt,
The mere fact that the amount was originally granted as compensation for promotional activities to be carried out exclusively in 2011, and that no advertising was supposed to be carried out by Saremar in 2012, suggests that the price was not based on a reliable ex-ante valuation of costs.
I 2012 blev Saremars finansielle vanskeligheder mindsket i kraft af ydelsen i november/december af kompensationen i henhold til den nuværende vurdering.
Nonetheless, it cannot be ruled out that other valuation methods may be applied in such instances, so long as it is ensured that the price actually paid by the purchaser on the basis of those methods reflects, as far as possible, the market value of the service.
Hvis Saremar ikke havde modtaget disse beløb, ville den have registreret et tab på 13 mio. EUR i 2012.
RAS has indeed produced a valuation report showing that the services have been priced at market value.
I overensstemmelse med punkt 9 i SGEI-rammebestemmelserne fra 2011 skal den kompensation, der ydes til virksomheder i vanskeligheder, vurderes i henhold til retningslinjerne for redning og omstrukturering.
The expert derived the market value of the services provided by Saremar to RAS based on a benchmark with average advertising costs per square meter estimated on the basis of parameters such as duration (certain discounts for the continuation of the advertising campaign in 2012 were taken into account), type of the advertising (internal or external) and location (main cities, important influx of population, mobility areas).
Eftersom de betingelser, der blev fastlagt i SGEI-afgørelsen fra 2011, ikke er opfyldt, skal den kompensation, som kriseramte Saremar har modtaget for driften af de pågældende ruter, vurderes i henhold til retningslinjerne for redning og omstrukturering med henblik på at fastslå, hvorvidt den kan betragtes som forenelig med det indre marked i henhold til artikel 107, stk. 3, TEUF.
Given that the valuation was carried out on the basis of generally accepted valuation standards, which in this case consist of an analysis of transactions involving similar services, the Commission considers that the valuation adequately reflects the market value of the services in question.
Alle betingelserne i retningslinjerne for redning og omstrukturering skal imidlertid være opfyldt for at statsstøtte til en kriseramt virksomhed kan anses for at være forenelig med det indre marked i henhold til artikel 107, stk. 3, litra c), TEUF.
The Commission considers that it cannot rely on the report of the expert commissioned by the Court of Genoa in the context of civil proceedings concluding that the pricing of the promotional activities was excessive: no benchmark is considered and no market value is put forward for comparable advertising activities in that report.
For det første er en virksomhed, som tilhører en større koncern, normalt ikke berettiget til omstruktureringsstøtte, medmindre det kan dokumenteres, at virksomhedens vanskeligheder er dens egne og ikke et resultat af en vilkårlig omkostningsfordeling inden for koncernen, og at vanskelighederne er for alvorlige til at blive håndteret internt i koncernen.
Moreover, there is no indication that the expert in question has any relevant experience in carrying out similar tasks.
Efter overførslen fra modervirksomheden Tirrenia ejes Saremar 100 % af RAS og indgår derfor ikke i en koncern.
On this basis, the Commission cannot conclude that the price paid by RAS for the promotional services contains State aid.
Med henblik på at anse en foranstaltning for at være forenelig i henhold til punkt 34-37 i retningslinjerne for redning og omstrukturering skal omstruktureringsplanen for det andet detaljeret analysere de problemer, der førte til virksomhedens vanskeligheder, og fastsætte de midler, som skal anvendes for at genoprette virksomhedens langsigtede levedygtighed og sundhed inden for en rimelig tidshorisont.
EUR 3 million loan and the letters of comfort
Planen skal forelægges Kommissionen med alle relevante detaljer og navnlig omfatte en markedsundersøgelse.
In particular, the EUR 3 million credit line initially considered was not drawn by Saremar before the first comfort expired and the second letter of comfort authorised by Decision 52/119/EC in the end was not issued by RAS.
En sådan plan er ikke blevet forelagt Kommissionen.
The recapitalisation
Det er korrekt, at RAS forelagde Kommissionen Saremars driftsplan for perioden 2011-2022, men den plan opfylder ikke kravene i retningslinjerne for redning og omstrukturering.
RAS has argued that (i) the measure did not involve a transfer of new public resources since it merely implied a transfer of funds already at Saremar's disposal, (ii) the measure was justified by profitability perspectives and based on a business plan prepared ex-ante, and (iii) the measure aimed to maximise the proceeds of the sale and was due to the financial situation of former parent company Tirrenia.
I dette tilfælde blev Saremars driftsplan godkendt i juli 2010, før kompensationen blev ydet af RAS, og det var ikke tanken, at der skulle vedtages en sådan foranstaltning til fordel for Saremar.
RAS claimed that the measure was in no way linked to the operation by Saremar of the two routes to the mainland, but rather to the provision of SGEIs under the initial Convention with the Italian State, as prolonged.
Planen var baseret på den antagelse, at virksomheden ville blive delvist privatiseret (RAS påtænkte oprindeligt at afhænde 49 % af sin andel i virksomheden) inden november 2010 og dækkede løbetiden på 12 år for en ny kontrakt om offentlig tjeneste, der skulle underskrives med køberen ved udgangen af 2010.
In order to assess whether the recapitalisation entailed an advantage to Saremar, the Commission must assess whether in similar circumstances, a private investor in a market economy would have made capital contributions of the same size, having regard in particular to the information available and foreseeable developments at the date of those contributions.
Planen giver hverken en detaljeret beskrivelse af de omstændigheder, som har betydet, at virksomheden er kommet i vanskeligheder, eller en beskrivelse af de tiltag, der skal gennemføres for at genoprette dens langsigtede levedygtighed, og der henvises heller ikke til Saremars drift af to ruter mellem Sardinien og fastlandet.
The MEIP should be applied ex-ante, i.e. one should determine whether at the time of the investment a private investor in a market economy would have prevailed upon making such capital contribution.
På baggrund heraf mener Kommissionen, at foranstaltningen ikke har været betinget af implementeringen af en driftsplan, som opfylder kravene i retningslinjerne for redning og omstrukturering, hvilket er tilstrækkeligt til at udelukke dens forenelighed med det indre marked.
A market investor would duly take into account the risks associated with the investment — so as to require higher profitability from more risky investments.
For det tredje skal der træffes foranstaltninger for at sikre, at støttens uønskede indvirkning på samhandelsvilkårene så vidt muligt afbødes.
If, for instance, specific regulatory requirements, such as on minimum capital or liquidity, make the investment unprofitable, a market economy investor would not proceed with the investments.
Støtten må ikke føre til urimelig konkurrencefordrejning.
The recapitalisation of Saremar was finally decided on 15 June 2012 when the Shareholders' Assembly decided to increase Saremar capital from EUR 1209010,64 to EUR 6099961 of which EUR 824309,69 paid in on 11 July 2012.
Dette betyder normalt en begrænsning af den tilstedeværelse, som virksomheden kan have på sine markeder ved afslutningen af omstruktureringsperioden.
Given that the company appeared to be in a precarious financial position, it was the Commission's preliminary view in the 2012 Decision that a market economy investor would have required the implementation of a plan to restore the firm's viability, so that the company could provide a sufficient return for its shareholders.
Kompensationsforanstaltningerne skal stå i et rimeligt forhold til støttens konkurrencefordrejende indvirkning og navnlig til virksomhedens størrelse og relative betydning på dens marked eller markeder.
This view was supported by the interested parties in the course of the investigation.
Graden af kompensationsforanstaltninger skal fastsættes fra sag til sag under hensyntagen til målet om at genoprette virksomhedens langsigtede levedygtighed.
RAS provided to the Commission Saremar's business plan for 2011-2022, approved in July 2010.
RAS foreslog ikke nogen kompensationsforanstaltning som modydelse for den potentielle fordrejning af konkurrencen, som ydelsen af støtten måtte forårsage.
The Commission considers that Saremar's business plan for 2011-2022 is not based on realistic assumptions since (i) it did not refer to the capitalisation of the company by the public shareholder, but rather to a capital injection to be carried out pari passu by a future private shareholder and RAS after completion of the partial privatisation initially foreseen for November 2010; the capital injection laid down by the business plan for 2010 was supposed to provide one third of the required funding to acquire two vessels, whereas the remaining 70 % would have been obtained by the repayment by Tirrenia to Saremar of a EUR 11,5 loan (see recital 89 above) and from various financial institutions; (ii) it covers the 12-year duration of the new public service contract to be signed with the buyer of the company, which was initially sought to be signed end 2010.
For det fjerde skal støtten begrænses til det absolutte minimum, der er nødvendigt for at kunne gennemføre omstruktureringen.
This plan therefore only concerns measures to be implemented upon partial privatisation of the company.
Støttemodtageren skal selv yde et betydeligt bidrag til omstruktureringsplanen med egne midler, herunder ved afhændelse af aktiver, som ikke er nødvendige for virksomhedens overlevelse, eller ved ekstern finansiering på markedsvilkår.
In summary, the business plan provided by RAS predates of about two years the binding decision to recapitalise Saremar.
Bidraget skal være et reelt bidrag, dvs. et faktisk bidrag, hvilket udelukker forventede fremtidige gevinster såsom cash flow, og er udtryk for, at markederne har tillid til, at virksomheden igen kan blive rentabel.
In the meanwhile the market situation had changed significantly: Tirrenia was admitted to the extraordinary administration procedure in August 2010 and declared insolvent by the Court; the former parent company was subsequently acquired by CIN and the latter signed on 18 July 2012 a new Convention laying down PSOs on the routes between Sardinia and mainland Italy; Saremar's privatisation was delayed.
I dette tilfælde blev der ikke fastsat noget egetbidrag.
The Commission considers a private investor would have updated its business plan to take into account the new market situation before deciding to inject the sums in question.
Kommissionen konkluderer, at den støtte, der blev ydet til Saremar for at dække driftstabet i 2011 og 2012 på de to ruter til det italienske fastland, udgør uforenelig statsstøtte til et kriseramt Saremar.
Both RAS and Saremar have confirmed that the capital injection was agreed so as to satisfy regulatory requirements, thus allowing the company to continue to stay in business.
Af hensyn til fuldstændigheden har Kommissionen også undersøgt, om den pågældende støtte ville have været forenelig med SGEI-rammebestemmelserne fra 2011, hvis Saremar ikke havde været en kriseramt virksomhed på det tidspunkt, hvor støtten blev ydet.
The case file contains no document showing that RAS took into consideration the profitability prospects of the company in the changed market situation when it decided to inject capital into Saremar in June 2012.
Ægte tjenesteydelse af almindelig økonomisk interesse efter EUF-traktatens artikel 106
The Commission considers that compliance with regulatory capital requirements would not have been a sufficient reason for a private market investor to inject further capital into a company.
Som angivet i punkt 56 i SGEI-rammebestemmelserne fra 2011 har medlemsstaterne en vid skønsmargin for arten af tjenesteydelser, der vil kunne klassificeres som SGEI'er.
As provided in the Commission communication on the application of Articles 92 and 93 of the EEC Treaty [now 107 and 108 TFEU] (hereinafter the MEIP Communication), investors are often obliged by law to contribute with additional equity to firms whose capital base has been eroded by continuous losses to below a predetermined level.
Det er Kommissionens opgave at sikre, at denne skønsmargin anvendes uden åbenlyse fejl for så vidt angår definitionen af SGEI'en.
To answer Member States' claims that these capital injections cannot be considered as aid as they are merely fulfilling a legal obligation, the MEIP Communication provides that private investors faced with such a situation would consider all other options – including the liquidation or run-down – and choose the one which is financially the most advantageous.
På basis af de grunde, der er angivet under betragtning 188-210, er det Kommissionens opfattelse, at denne betingelse ikke er blevet opfyldt i det konkrete tilfælde.
For the purpose of assessment of MEIP compliance, the Commission may only take into account information which was available at the time when the decision to make the investment was taken, including developments which were reasonably foreseeable at that time.
Behov for en overdragelsesakt, som angiver PSO'er og metoder for beregning af kompensationen
On account of the information available at the relevant time, the decision to recapitalise the company does not appear to be based on economic evaluations comparable to those which, in the relevant circumstances, a rational private investor in a similar situation would have had carried out, before making the investment, in order to determine its future profitability.
I overensstemmelse med afsnit 2.3 i SGEI-rammebestemmelserne fra 2011 betyder SGEI-konceptet i henhold til artikel 106 TEUF, at den pågældende virksomhed har fået overdraget driften af SGEI'en via en eller flere officielle akter.
Indeed, the Commission notes that, at the time the recapitalisation was decided, the company was facing acute financial difficulties.
Disse akter skal navnlig angive:
In addition, as put forward by RAS itself, it was not at that stage certain whether the operation of the routes to minor islands and Corsica would continue to be subsidised by the State.
den involverede virksomhed og det omfattede område
The Commission considers that RAS's argument, according to which several market investors had also injected capital into their companies competing with Saremar, thereby supporting their loss-making operations, is irrelevant to the extent that each investment decision must be assessed on its own merits.
karakteren af den eneret, der er indrømmet Saremar
Fully fledged profitability projections may have been available to these private investors at the time of their investments.
en beskrivelse af kompensationsmekanismerne og parametrene for beregning, kontrol og evaluering af kompensationen
Furthermore, such companies may have been in a better financial situation prior to the recapitalisation, thus making it more likely that a return to profitability could be achieved.
de foranstaltninger, der er truffet for at undgå og sikre tilbagebetaling af en eventuel overkompensation.
The Commission must likewise reject RAS's claim that the capitalisation of the company was in no way linked to the operation by Saremar of the routes to mainland Italy.
Kommissionen fastslår, at overdragelsesakterne i dette tilfælde ikke omhandler nogen kompensation til Saremar for opfyldelsen af PSO'er, og derfor overholder de ikke kravene under litra d) og e) ovenfor.
As stressed by RAS, the objective of the measure was to allow the company to continue operation by bringing the capital, which had dropped by more than one third, back to legally approved standards.
Overdragelsesaktens gyldighedsperiode
Therefore, the recapitalisation of Saremar benefitted necessarily all the activities offered by that undertaking.
Som det fremgår af afsnit 2.4 i SGEI-rammebestemmelserne fra 2011 »bør overdragelsesaktens gyldighedsperiode kunne begrundes ud fra objektive kriterier som behovet for at afskrive ikke-overdragelige faste aktiver.
The Commission therefore concludes that the decision to recapitalise the company does not comply with the MEIP and therefore confers on Saremar an advantage that it would not have received under normal market conditions.
I princippet bør overdragelsesaktens gyldighedsperiode ikke overskride den periode, der er påkrævet for afskrivningen af de vigtigste aktiver, som er nødvendig for at levere SGEI'en«.
Affectation of trade and distortion of competition
Da driftsperioden for tjenesterne i dette tilfælde er begrænset til 2011 og 2012, er denne betingelse opfyldt.
In order to be qualified as State aid, a financial measure must affect trade between Member States and distort or threaten to distort competition.
Kompensationsbeløb
In its assessment of those two conditions, the Commission is not required to establish that the aid has a real effect on trade between Member States and that competition is actually being distorted, but only to examine whether that aid is liable to affect such trade and distort competition.
Af punkt 21 i SGEI-rammebestemmelserne fra 2011 fremgår, at »(…) kompensationsbeløbet må ikke overstige, hvad der er nødvendigt til dækning af de omkostninger, der er forbundet med at opfylde forpligtelserne til offentlig tjeneste, herunder en rimelig fortjeneste«.
When aid granted by a Member State strengthens the position of an undertaking compared with other undertakings competing in intra-Union trade, the latter must be regarded as affected by that aid.
Den skal minimum have den størrelsesorden, som er nødvendig for at opnå målet og have den form, der er mest hensigtsmæssig for at afhjælpe forstyrrelsen.
Therefore, the measure under scrutiny is liable to affect Union trade and distort competition within the internal market.
Det er derfor nødvendigt at kvantificere de ekstra omkostninger i forbindelse med de PSO'er, der er pålagt Saremar ved overdragelsesakterne, og sammenligne disse yderligere omkostninger med de fordele, som den har opnået via RAS.
The fact that Saremar's share in that market has remained marginal does not affect this finding.
Den kompensation for offentlig tjeneste, som ydes til Saremar, beløber sig til 10 mio.
LAWFULNESS OF THE AID
EUR.
All measures subject to this Decision have been put into effect before formal approval by the Commission.
RAS har hævdet, at de opståede ekstraomkostninger i den relevante periode i forbindelse med leveringen af tjenesten svarer til den finansielle støtte, der er ydet til Saremar uden hensyntagen til en rimelig fortjeneste.
Therefore the Italian authorities did not respect the stand-still obligation under Article 108(3) TFEU.
Undersøgelsen viste, at Saremar på de pågældende ruter havde et tab på 214000 EUR i 2011 og 13440220 EUR i 2012.
COMPATIBILITY OF THE AID
På grundlag af disse resultater synes den af RAS ydede kompensation ikke at overstige det opståede tab i forbindelse med driften af tjenesterne.
Insofar as the measures identified above constitute State aid within the meaning of Article 107(1) TFEU, their compatibility can be assessed in the light of the exceptions laid down in paragraphs 2 and 3 of that Article and Article 106(2) TFEU.
Som det imidlertid allerede er konstateret for så vidt angår den tredje Altmark-betingelse og af de samme årsager som angivet ovenfor, var Saremar efter Kommissionens mening ikke berettiget til at modtage kompensation for de opståede omkostninger i forbindelse med driften af de to ruter, og kompensationen afspejlede ikke klart definerede forpligtelser til offentlig tjeneste.
According to the case-law of the Court of Justice, it is up to the Member State to invoke possible grounds for compatibility and to demonstrate that the conditions for compatibility are met.
Endelig betyder den kendsgerning, at støtten blev ydet efter ikrafttrædelsen af de nye SGEI-rammebestemmelser, at dennes forenelighed også skal vurderes i forhold til følgende betingelser:
RAS considers that none of the measures under assessment constitutes State aid and has only provided possible grounds for compatibility as concerns the compensation for the operation of the two routes to the mainland and the subsidy paid for the promotional activities.
Punkt 14: tage behørigt hensyn til behovet for offentlig tjeneste ved overdragelse af en bestemt SGEI til tjenesteyderen
On 31 January 2012 the new SGEI package entered into force.
Punkt 19: overensstemmelse med EU's regler om offentlige indkøb ved overdragelse af en SGEI
As of this date, the compatibility of the aid under the form of public service compensation has to be examined in light of the 2011 SGEI Decision and the 2011 SGEI Framework's criteria.
Punkt 20: ingen diskrimination
As was already the case under the 2005 SGEI Decision, the 2011 SGEI Decision is only applicable to State aid in the form of public service compensation granted to undertakings in connection with a SGEI which complies with the Maritime Cabotage Regulation.
Punkt 24 (og frem): anvendelse af net avoided cost-metoden til at beregne nettoomkostningerne
In the 2012 Decision, the Commission took the preliminary view that, by directly entrusting the operation of the services to Saremar, the Italian authorities did not observe Article 4(1) of the Maritime Cabotage Regulation on non-discriminatory treatment of ship-owners.
Punkt 39 (og frem): effektivitetsincitamenter
RAS has claimed during the formal investigation procedure that Saremar qualified as an internal operator of the Region.