natgillin/translations-raw huggingface dataset:
The Commission has therefore decided to declare the concentration compatible with the common market and the EEA Agreement in accordance with Articles 2(2) and 8(2) of the Merger Regulation and Article 57 of the EEA Agreement.
Seetõttu otsustas komisjon tunnistada koondumise ühinemismääruse artikli 57 lõike 2 ja artikli 8 lõike 2 ning Euroopa Majanduspiirkonna lepingu artikli 57 alusel ühisturu ja Euroopa Majanduspiirkonna lepinguga kokkusobivaks.
ADVISORY COMMITTEE
NÕUANDEKOMITEE
At its 133rd meeting on 29 June 2005 the Advisory Committee on Concentrations gave its unanimous support to the Commission's draft decision to clear the concentration subject to conditions and obligations based on the commitments given by the parties.
Ettevõtjate koondumisega tegelev nõuandekomitee toetas oma 29. juunil 2005. aastal toimunud 133. istungil ühehäälselt komisjoni otsuse eelnõu, mille kohaselt kiidetakse koondumine heaks poolte võetud kohustuste ja nõuete alusel esitatud tingimuste põhjal.
Pursuant to Article 19(7) of the Merger Regulation, the Commission is making public the opinion of the Advisory Committee together with the Decision, having regard to the legitimate interest of the undertakings in the protection of their business secrets.
Vastavalt ühinemismääruse artikli 19 lõikele 7 avaldab komisjon nõuandekomitee seisukoha koos otsusega, arvestades ettevõtjate õigustatud huvisid oma ärisaladuse hoidmise alal.
In the present case the Advisory Committee's opinion does not contain any business secrets.
Käesoleval juhul ei sisalda nõuandekomitee seisukohavõtt ärisaladusi.
Voith Siemens is the joint venture through which Siemens is active in hydroelectric power.
Voith Siemens on ühisettevõte, mille kaudu Siemens tegutseb hüdroenergia valdkonnas.
40 % non-controlling shareholding; 60 % sold in 2004 to Southern States LLC (United States)
40 % mittekontrollitav osa; 60 % müüdi aastal 2004 Southern States LLC-le (USA).
IV/M. 1450 — SMS/Mannesmann Demag.
IV/M.1450 – SMS/Mannesmann Demag.
The parties’ activities in this area relate as a rule to non-industrial building installations (residential and office buildings and such structures as concert halls, museums, hospitals and tunnels).
Selle valdkonna osapoolte tegevused puudutavad ülekaalukalt korterite, büroode, kontserdihallide, muuseumide, haiglate ja tunnelite ehitust.
VA Tech
Kõnealused osad on nurksulgudes ja tähistatud tärniga. ).
The non-integrated companies will not be foreclosed for the following reasons.
Integreerimata ettevõtteid ei eraldata järgmistel põhjustel.
First, at least one independent supplier of electrical traction for trams (Kiepe) and metros (Mitsubishi) will remain available.
Esiteks jääb alles ainult üks sõltumatu pakkuja nii trammide (Kiepe) kui metroorongide (Mitsubishi) elektriajamite alal.
Siemens and VA Tech would have a combined market share of [40-50] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
Austrias saaksid Siemens ja VA Tech koguturu ühiseks turuosaks [40–50] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata.
% in the overall market in Austria.
Kõnealused osad on nurksulgudes ja tähistatud tärniga. %.
Siemens estimates VA Tech’s market share at [10-15] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
Siemens näitab VA Techi turuosaks kõigil võimalikel osaturgudel alla [10–15] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata.
in all possible submarkets.
Kõnealused osad on nurksulgudes ja tähistatud tärniga. %.
By contrast, market participants argued for considerably higher market shares for VA Tech in possible product markets in mechanical plant building.
Turul osalejad esitasid mehaaniliste süsteemide ehituse võimalikel tooteturgudel VA Techi oluliselt suuremad turuosad.
The worldwide and EEA market shares of VA Tech in the metallurgical plant building market were seen as being close to those of the previous sole market leader SMS-Demag (hereinafter called ‘SMS’), followed by the third and only other full line supplier active in the EEA, Danieli.
Metallurgiasüsteemide ehituses hinnati VA Techi ülemaailmsed ja EMP turuosad umbes sama suureks kui juhtiva ainsa turuliidri SMS-Demagi (edaspidi SMS) oma, sellele järgneb Danieli, kes on kolmas ja ainuke täiendav ettevõte EMPs tegutsevate komplekspakkujate hulgas.
It would give Siemens control of VA Tech in addition to its existing 28 % holding in SMS.
See annaks Siemensile lisaks tema olemasolevale 28 %le osalusele SMSis kontrolli VA Techi üle.
In view of the special circumstances of the case (see following paragraph: prior exercise of the put option; it is common ground that the value of the share is to be determined as of 31 December 2004), it cannot be assumed with sufficient certainty that Siemens's 28 % share interest in SMS (and the financial participation in SMS's business success that this would normally entail) will induce Siemens/VA Tech to compete less strongly with SMS.
Nimelt ei saa, arvestades juhtumi erilisi asjaolusid (vt järgmist lõiku: müügioptsiooni eelnev vastuvõtmine; tavaliselt tuleb aktsia väärtus kindlaks määrata seisuga 31.12.2004), lähtuda piisava kindlusega sellest, et Siemensi 28 % osalus SMSis (ja SMSi äriedu finantsiline osa, mis sellega reeglina kaasneb) annab Siemensile/VA Techile põhjuse konkurentsis SMSiga järeleandmisi teha.
A certain degree of buyer power can definitely be ascribed to the highly concentrated demand side and this may promote the entry of new suppliers from these groups.
Ostujõu teatava määra põhjuseks on kindlasti ülikontsentreeritud nõudlus, mis võiks soodustada selle rühma uute pakkujate turuletulekut.
Mention can be made above all of SMS in this connection.
Sellega seoses tuleks nimetada eelkõige SMSi.
Similarly, its strong market position in 2003 ([50-60] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
% vahel aastal 2003, VA Techi oma [0–5] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata.
% and [60-70] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
%, VA Techil [10–15] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata. Kõnealused osad on nurksulgudes ja tähistatud tärniga.
The Decision concludes that conditions of supply and demand differ significantly between the EEA and other world regions and that, consequently, the relevant geographic market is the EEA. Competition assessment
Lõpetuseks märgitakse otsuses, et EMP ja maailma teiste piirkondade pakkumise ja nõudluse tingimused erinevad teineteisest oluliselt, mistõttu tuleb asjaomase geograafilise turuna vaadelda EMPd.
For the period from 2000 to 2004 Siemens estimates its combined EEA market share together with VA Tech at [40-50] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. % (Voith Siemens [20-30] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
Konkurentsimõju hindamine
%, VA Tech [20-30] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. %).
Siemens teatas, et ajavahemikus 2000–2004 oli tema EMP turu ühisosa koos VA Techiga [40–50] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata. Kõnealused osad on nurksulgudes ja tähistatud tärniga.
%, whereas Alstom puts Siemens/VA Tech's combined market share at 61 %. Customers’ market share estimates are generally in the same range, although one smaller competitor (Andino) believes that Siemens/VA Tech has 70 % of the EEA market. Based on the turnover figures submitted by the main competitors for the same five-year period, the following market shares arise (accepting Siemens’s estimate of ‘others'’ sales): Source: Commission's market investigation EEA 2000-2004 EUR (millions) Market share % Siemens 318
Kõnealused osad on nurksulgudes ja tähistatud tärniga.
Alstom
Allikas: komisjoni turu-uuring. EMP 2000–2004 Miljonit eurot Turuosa Siemens 318
GE Hydro
VA Tech
Ansaldo
Alstom
Andritz
GE Hydro
tenders submitted by Siemens are larger than EUR[…] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. in size), and products are highly customised and significantly differentiated. In addition, for larger contracts, there is ex-ante uncertainty about the actual value (i.e. profitability) of a project for the winning bidder.
Lisaks toimuvad kliendispetsiifilised ja oluliselt diferentseeritud tooteid puudutavad hankekonkursid sageli ning on väikesemahulised (vaid […] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata.
The expected value of the price offered by the lowest bidder is therefore bound to increase as the number of credible bidders decreases. Hence, Siemens/VA Tech's high combined market share, the relatively small size of the remaining competitors and the elimination of an important bidder increase the possibility that a dominant position will be created as a result of the merger.
Kõnealused osad on nurksulgudes ja tähistatud tärniga.
, a group of four leading competitors (Siemens, VA Tech, Alstom and GE Hydro) can be identified. These companies are recognised by customers as credible bidders for large hydroelectric power equipment. All other competitors are rated significantly lower or do not produce comparable equipment, even if they are eligible for smaller contracts.
Kõnealused osad on nurksulgudes ja tähistatud tärniga.
or GE […] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. .
euro) […] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata. Kõnealused osad on nurksulgudes ja tähistatud tärniga.
% (2000) to [50-60] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. % (2003).
% vahel aastal 2000 ja [50–60] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata.
VA Tech’s market share ranged from [0-5] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. % (1999) to [15-20] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. % (2002). ABB and Areva captured the remaining projects in each year. A single large project can have a strong impact on a supplier’s market share in a given year.
Kõnealused osad on nurksulgudes ja tähistatud tärniga.
%) resulted from […] projects in excess of EUR[…] million and […] +EUR[…] million contracts. The Decision thus concludes that the HV-turnkey market is indeed a bidding market where competition is ‘for the market’ (rather than ‘in the market’) and where market shares reveal little about a competitor’s ability to win future projects. (30) In GIS, the same competitors as in HV turnkey are active in the EEA: Siemens, VA Tech, ABB and Areva.
Kõnealused osad on nurksulgudes ja tähistatud tärniga.
%, VA Tech [10-15] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. %).
Siemensi andmetel ulatus tema ja VA Techi ühine turuosa aastal 2003 [40–50] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata. Kõnealused osad on nurksulgudes ja tähistatud tärniga.
Electrical metallurgical plant building covers so-called ‘level 0’ automation (electricity supply and traction), actual automation (levels 1 and 2) and the more recent area of IT solutions for drive logistics/MES (level 3). No uniform market
Elektriliste metallurgiasüsteemide ehitus hõlmab 0-etapi automatiseerimist (elektrivarustus ja –ajam), tegelikku automatiseerimist (1. ja 2. etapp) ning süsteemilogistika/tootmisprotsessi struktuuri IT-lahenduste uusimat valdkonda (3. etapp).
In the context of the market investigation carried out by the Commission, however, most market participants expressed the view that special know-how is necessary for building electrical plants in the metallurgical sector. In their statements, competitors particularly stressed the specialisation of their engineers. The importance of reference lists in the replies received in the context of the market investigation leads to the conclusion that most customers demand relevant experience from suppliers in the area of metallurgy. […] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. . A further indication of an increasing branch-related specialisation is the advance of the former mechanical metallurgical plant building specialists, Danieli, SMS Demag and VAI, in the area of electrical metallurgical plant building.
Siemens on seisukohal, et elektriliste tööstussüsteemide ehitus metallurgia valdkonna jaoks ei sõltu valdkonnast ning ei moodusta iseseisvat turgu.
The commitments that were required from Siemens regarding its shareholding […] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk. in SMS in order to eliminate the competition concerns in the field of mechanical metallurgical plant building also rule out a significant impediment to competition solely as a result of this holding […] [1] Parts of this text have been edited to ensure that confidential information is not disclosed; those parts are enclosed in square brackets and marked with an asterisk.
Siemensi võetud kohustused […] [1] Osa tekstist on muudetud selleks, et tagada, et konfidentsiaalset teavet ei avaldata.
on the State Aid implemented by Finland for investment aid to Componenta Corporation
riigiabi kohta, mille Soome on rakendanud investeerimistoetusena Componenta Oyjle
(notified under document number C(2005) 3871)
(teatavaks tehtud numbri K(2005) 3871 all)
(Only the Finnish and Swedish versions are authentic)
(ainult soome- ja rootsikeelne tekst on autentsed)
Having regard to the Treaty establishing the European Community, and in particular the first subparagraph of Article 88(2) thereof,
võttes arvesse Euroopa Ühenduse asutamislepingut ja eriti selle artikli 88 lõike 2 esimest alalõiku,
Having called on interested parties to submit their comments pursuant to the provisions cited above,
olles kutsunud üles huvitatud isikuid esitama oma märkused vastavalt nimetatud sätetele
By letter dated 10 March 2004 from Metalls Verkstadsklubb vid Componenta Alvesta AB, Sweden, the Commission was informed that the City of Karkkila had made a financial transaction with Componenta Corporation Oyj in Karkkila, Finland which it suspected contained state aid.
Metalls Verkstadsklubb vid Componenta Alvesta AB, Rootsi, teavitas 10. märtsi 2004. aasta kirjaga komisjoni, et Karkkila linn oli teinud Karkkilas asuva Componenta Oyjga finantstehingu, milles kahtlustas sisalduvat riigiabi.
Based on this information the Commission requested clarifications from Finland.
Kõnealuse teabe alusel palus komisjon Soomel asja selgitada.
By letter dated 22 June 2004 Finland provided the Commission with the information requested.
Soome esitas 22. juuli 2004. aasta kirjaga komisjonile nõutud andmed.
By letter dated 19 November 2004 the Commission informed Finland that it had decided to initiate the procedure laid down in Article 88(2) of the EC Treaty in respect of the suspected aid.
novembri 2004. aasta kirjas teavitas komisjon Soomet oma otsusest algatada EÜ asutamislepingu artikli 88 lõikega 2 ettenähtud menetlus seoses oletatava abiga.
The Commission decision to initiate the procedure was published in the Official Journal of the European Union.
Komisjoni otsus menetluse algatamise kohta avalikustati Euroopa Liidu Teatajas.
The Commission invited interested parties to submit their comments on the measure.
Komisjon palub huvitatud isikuil esitada meetme kohta märkused
The Commission received no comments from interested parties.
Komisjonile ei saabunud märkusi huvitatud kolmandatelt isikutelt.
The aid and the beneficiaries
Abi ja abisaajad
Componenta Corporation Oyj (hereinafter called Componenta) is a metal sector company with international operations, based in Karkkila, Finland.
Componenta Oyj, edaspidi “Componenta”, on Karkkilas asuv rahvusvahelisel tasandil tegutsev metallitööstuse ettevõte.
It has production plants in Finland, the Netherlands and Sweden.
Ettevõttel on tootmisüksused Soomes, Madalmaades ja Rootsis.
Most of the company's net sales in 2004 of EUR 316 million came from the Nordic countries and Central Europe.
Ettevõtte 316 miljoni eurosest käivest 2004. aastal laekus enamus Põhjamaadest ja Kesk-Euroopast.
The Group employs around 2200 people.
Kontsernis töötab umbes 2200 töötajat.
The suspected aid was provided to Componenta in December 2003 and consisted of two operations.
Oletatav abi eraldati Componentale detsembris 2003 ja see koosnes kahest meetmest.
In one case it was provided through the purchase by the city of Karkkila (hereinafter called Karkkila) of 50 % of the shares in the real estate company Karkkilan Keskustakiinteistöt Oy (hereinafter called KK), which was jointly owned (50/50) by Karkkila and Componenta.
Ühel juhul sai Componenta abi tehingu kaudu, milles Karkkila linn, edaspidi “Karkkila”, ostis 50 % Karkkila Keskustakiinteistö OY nimelise kinnisvarafirma, edaspidi “KK”, aktsiatest. KK kuulus võrdselt Karkkilale ja Componentale.
In the other case Karkkila granted KK an interest-free loan, which was used by KK to reimburse a loan of the same amount that it had been granted by Componenta in 1996.
Teisel juhul andis Karkkila KKle intressita laenu, millega KK maksis tagasi sama suure laenu, mille Componenta oli talle 1996. aastal andnud.
The total sum of the deal was EUR 2383276,5 (EUR 713092,5 for the shares and EUR 1670184 in the form of the loan repayment).
Tehingu kogusumma oli 2383276,50 eurot (713092,50 aktsiate eest ja 1670184 eurot laenu tagasimaksena).
The price for the shares was based on the estimated net value of the company (assets minus liabilities) and by dividing this amount by 2, since Componenta owned 50 % of KK.
Aktsiate eest makstud hind põhines ettevõtte netoväärtusel (vahendid, millest on võlad maha arvestatud), mis jagati kahega, sest Componentale kuulus 50 % KKst.
The sales agreement between Karkkila (Buyer) and Componenta (Seller) furthermore stated the following:
Karkkila (ostja) ja Componenta (müüja) vahelises müügilepingus märgiti veel järgmist:
‘The Seller agrees to invest in the extension of Componenta Karkkila Oy’s production facilities in the territory of the City of Karkkila as specified in Appendix 1 of this contract.
Müüja kohustub teostama Karkkila linnas täpsemalt lisas nr 1 määratletud investeeringu, millega laiendatakse Componenta Karkkila Oy tootmisvõimsust.
It is estimated that the investment will create 50–70 new full-time jobs in Karkkila in 2004 (the average number of Componenta employees in Karkkila in 2003 was 130).
Investeering peaks aastal 2004 looma Karkkilasse 50–70 täistöökohta (aastal 2003 oli töökohti umbes 130).
If the extension of the Seller’s facilities is not commenced in 2004 as specified in the above paragraph, the Buyer has the right to cancel the transaction at its own discretion.’
Kui müügilepingus määratletud müüja tootmisvõimsuse laiendusinvesteering ei käivitu 2004. aastal eelmises punktis sätestatud viisil, võib ostja soovi korral tehingu katkestada.
Annex 1 of the sales agreement stated that Componenta will merge the operations of two of the Group’s foundries (the Alvesta foundry in Sweden and the Karkkila foundry); that the two units that operate at a low utilisation rate will be merged; that analyses were required for making the decision on the location of the foundry and commencement of employer–employee negotiations as regards the decision on the closing of the Alvesta or the Karkkila foundry and that detailed planning of the new foundry, including the transfer of machinery from the other foundry, was necessary.
Müügilepingu I lisas sätestati, et Componenta ühendab kontserni kahe valukoja (Rootsis asuv Alvesta valukoda ja Karkkila valukoda) tegevuse, et kaks madala tootmisaktiivsusega üksust ühendatakse; et tuleb analüüsida valukoha asukoha valikut ja tuleb alustada tööandja ja töötajate vahelisi läbirääkimisi Alvesta või Karkkila valukoja sulgemise kohta ja, et on vältimatu üksikasjalikult kavandada uut valukoda ja masinate ületoomist teisest valukojast.
It is, therefore, clear that the decision was linked to the moving of the production facilities from one of the two locations to the other.
Seetõttu on selge, et otsus oli seotud tootmisüksuse kolimisega ühest asukohast teise.
According to information in Componenta’s annual report 2004, its foundry in Alvesta, Sweden, was closed down in May 2004 with the key production and machinery thereafter moved to Karkkila, Finland.
Componenta 2004. aasta aastaaruande kohaselt suleti Rootsis asuv Alvesta valukoda mais 2004 ja selle tootmine ning masinad koliti Karkkilasse.
According to the information from the company the total cost of closing production in Sweden and investing in Finland amounted to EUR 13 million.
Ettevõttelt saadud andmete kohaselt olid Rootsis tootmise lõpetamise ja Soome tehtud investeeringute kogukulud kokku 13 miljonit eurot.
Finland argued that the transaction between Componenta and Karkkila was market-based and that no aid was involved.
Soome andmeil sooritati Componenta ja Karkkila vaheline tehing turutingimustel ja see ei sisaldanud abi.
In its decision to initiate the formal procedure the Commission, however, expressed doubts that the transaction between Karkkila and Componenta was market-based.
Ametliku uurimismenetluse algatamise otsuses kahtlustas komisjon siiski, et Karkkila ja Componenta vaheline tehing ikka sooritati turutingimustel.
It stated that if the purchase price was above the market value of the shares, this would constitute aid to Componenta.
Komisjon tõdes, et kui müügihind ületas aktsiate turuväärtuse, oli tegemist abiga Componentale.
The aid amount would be the difference between the price a private investor would be willing to pay for the shares and the EUR 2,4 million transferred from Karkkila to Componenta.
Abi suuruseks oleks vahe, mis saadakse lahutades Karkkila poolt Componentale makstud 2,4 miljoni eurosest hinnast see hind, mida erainvestor oleks nõus nende aktsiate eest maksma.
The Commission furthermore considered that the clauses of the sales agreement referred to above provided a strong indication that the transaction was not market-based, and that it was instead intended as a form of compensation for Componenta’s new investments in the territory of Karkkila, which were linked to the closure of the Alvesta foundry.
Komisjoni arvates näitasid eelnimetatud müügilepingu tingimused selgelt, et tehingut ei sooritatud turutingimustel, vaid see oli kompensatsioon Karkkila piirkonnas tehtud Componenta suurte investeeringute eest, mis olid seotud Alvesta valukoja sulgemisega.
After taking over Componenta’s shares in KK, Karkkila decided to liquidate KK and transfer the land to the city.
Olles ostnud Componentale kuulunud KK aktsiad, otsustas Karkkila lõpetada KK tegevuse ja anda maa linnale.
COMMENTS FROM FINLAND
SOOME MÄRKUSED