natgillin/translations-raw huggingface dataset:
Competitors also questioned the restoration of the viability of the Company, expressing doubts as to the effectiveness of the maintained network and fleet and whether the assumptions of the plan and the envisaged profitability were realistic, especially with regard to the fuel savings and the additional revenue through a fare increase.
Komisjon võtab igal juhul teadmiseks Küprose ametiasutuste kavatsuse käsitada riigi osalemist 2012. aastal aktsiakapitali suurendamises ümberkorraldusabi osana.
They also pointed to increased competition risks for profitable routes envisaged to be maintained by Cyprus Airways, in addition to Tel Aviv and Moscow.
Seega võimaldas 1. meede jätkata Cyprus Airwaysil oma tegevust, sest ettevõtjal ei tulnud rinda pista tagajärgedega, mille tema viletsad finantstulemused oleksid tavaolukorras tinginud.
Competitors also doubted the existence of truly exceptional and unforeseeable circumstances that would justify an exception to the ‘one time, last time’ principle.
Kuna Cyprus Airways konkureerib Euroopa Majanduspiirkonna liberaliseeritud lennutransporditurul teiste Euroopa Majanduspiirkonna lennuettevõtjatega, võis 1. meede kahjustada konkurentsi ja liikmesriikidevahelist kaubandust.
In addition, the competitor who did not wish to disclose its identity considered that the profitability of the routes proposed as compensatory measures should be measured on a net profit level, that is to say including allocated fixed costs, and not only on a gross level, that is to say only including variable cost.
meetmest teatati kui päästmisabina antavast valitsuse laenust, mille intress on 1,76 % ja mis tuleks tagasi maksta 30. juuniks 2013.
Finally, Ryanair questioned whether the Company could achieve the envisaged reduction in staff due to trade union resistance and suggested that, if the restructuring aid to Cyprus Airways was found compatible, this could be on the condition that the Company abandons routes that remained unprofitable three years after the approval.
Komisjon märgib, et seda laenu ei maksta tagasi ja et Küprose ametiasutused on teatanud sellest seoses ümberkorraldusabiga (4. meede).
Ryanair also argued that it and other companies have been subject to the same conditions in relation to the unrest in the Middle East and the economic crisis in Greece and Cyprus.
meetmest teavitati kui ümberkorraldusabist.
Despite that, Ryanair claimed that other companies have managed to adapt and grow in the new environment, citing as an example its own growth in the Greek and Cypriot market in recent years.
Kõik selle osad hõlmavad tõepoolest riigi ressursse ja on seostatavad riigiga kas kapitalisüstina, võla konverteerimisena omakapitaliks või on tegemist otseselt vastastikuse abistamise fondi puudujäägi osa katmisega.
Further, in its submission of 6 June 2014, Ryanair pointed to a press article of 19 May 2014 indicating that the Cypriot government had pledged EUR 4 million to be provided to Cyprus Airways’ staff that have been made redundant and claimed this constitutes further State aid to Cyprus Airways.
meetmega antakse Cyprus Airwaysile valikuline eelis, sest turumajanduse tingimustes tegutsev investor ei oleks eraldanud selliseid vahendeid sellises finantsolukorras olevale äriühingule (kogunenud kahjum 99,7 miljonit eurot, liiga suur finantsvõimendus ja likvideeritud kapitalibaas).
Cyprus Airways and its trade unions supported the arguments of the Cypriot authorities and reiterated their belief in the viability of the Company and its role for the economy and connectivity of Cyprus.
Viimaks esines ülalpool põhjenduses 106 esitatud põhjustel tõenäosus, et meede kahjustab liikmesriikidevahelist kaubandust ja konkurentsi.
COMMENTS BY CYPRUS ON THE COMMENTS BY INTERESTED PARTIES
Seepärast järeldab komisjon, et 4. meede kujutab endast Cyprus Airwaysile antud riigiabi ELi toimimise lepingu artikli 107 lõike 1 tähenduses.
The Cypriot authorities considered it unnecessary to comment on the turnaround plan and the comments by Air France Consulting, given the existence of an updated restructuring plan.
Teatise kohaselt on abi suurus 102,9 miljonit eurot.
They repeated the important role of Cyprus Airways for the economy and connectivity of the island and insisted that the unrest in the Middle East was an exceptional and unforeseeable situation having an impact on Cyprus Airways.
Komisjon võtab teadmiseks Küprose ametiasutuste väite, et 10 miljoni euro suuruse lühiajalise laenu andmine ei ole vajalik, ega käsita seda laenu seepärast ümberkorraldusabi kogusumma osana.
They doubted that competitors could fill in any gaps in connectivity resulting from a possible bankruptcy of Cyprus Airways, given the seasonality of the market.
Väljamaksmise kuupäevaga seoses märgib komisjon, et 4. meede on välja makstud osadena.
As regards the compatibility of the measures with the 2004 Rescue and Restructuring Guidelines, the Cypriot authorities insisted that the 2013 restructuring plan was founded on realistic assumptions and was not underestimating any negative effects stemming from the small fleet or difficulties in realising cost initiatives.
Osa a, mille suurus oli 31,33 miljonit eurot (riigi osalemine aktsiakapitali suurendamises 2012. aastal), maksti välja järgmiselt.
Finally, the Cypriot authorities stated in their submission of 9 September 2013 that no ex gratia payments would be granted to employees made redundant.
Tabel 6
Subsequently, in their submission of 3 August 2014, the Cypriot authorities explained that the Government has, for socioeconomic reasons, decided to compensate directly former Cyprus Airways employees that had already resigned or had been made redundant.
Riigi osaluse väljamaksmise kuupäevad 2012. aasta aktsiakapitali suurendamisel
The decision was taken and compensations were paid only after the resignations or redundancies had been finalised and thus would not constitute State aid to Cyprus Airways.
Väljamaksmise kuupäev
All legal obligations of Cyprus Airways towards those employees were honoured fully by the Company itself.
september 2012
The Cypriot authorities also did not consider that the approval of the aid should be subject to any conditions.
september 2012
This Decision will assess whether the measures under scrutiny constitute State aid to Cyprus Airways within the meaning of Article 107(1) of the Treaty and whether such aid may be compatible with the internal market.
11. oktoober 2012
The Commission notes that the aid provided by measure 4 notified together with the 2013 restructuring plan in October 2013 already includes the aid provided by measure 1 (disbursed as advanced payments between September and December 2012), as well as measure 2 (rescue aid notified in December 2012 and partially disbursed between January and July 2013).
28. detsember 2012
Both these measures were implemented with a view to ensure short-term survival of the Company before a comprehensive restructuring plan could be prepared.
Kokku: 31,33
Since the turnaround plan of 2012 was not implemented, the Commission considers both these measures as part of the 2013 restructuring plan and it will thus only assess measures 1 and 2, to the extent they constitute State aid, in the context of measure 4, that is to say as one overall restructuring aid measure.
Osa b, mille suurus oli 34,5 miljonit eurot (päästmisabina antud laen), maksti välja järgmiselt.
EXISTENCE OF STATE AID
Tabel 7
Article 107(1) of the Treaty provides that any aid granted by a Member State or through State resources in any form whatsoever which distorts or threatens to distort competition by favouring certain undertakings or the production of certain goods shall, in so far as it affects trade between Member States, be incompatible with the internal market.
Riigi poolt päästmisabina antud laenu väljamaksmise kuupäevad 2013. aastal
Measures 1, 2 and 4
22. jaanuar 2013
In the decision of 6 March 2013, the Commission reached the preliminary conclusion that measure 1, that is to say the participation of the State to the 2012 share capital increase of Cyprus Airways, constituted State aid.
29. jaanuar 2013
The measure involved State resources and was imputable to the State.
28. veebruar 2013
It provided a selective advantage to Cyprus Airways, because the Commission considered that a private investor would not have provided capital to the Company under such conditions, given the serious difficulties of Cyprus Airways, the absence of viability prospects at the date of granting as well as the alternative of a shareholder loan including appropriate securities.
2. mai 2013
In addition, practically no existing private shareholder of Cyprus Airways participated in the capital increase since only EUR 106 thousand were collected from private shareholders (compared to EUR 13,67 million originally expected).
26. juuli 2013
The shareholding of the State in Cyprus Airways thus increased from 69 % to 93,67 %.
Kokku: 34,5
The measure was therefore not in line with the market economy investor principle.
meetme ülejäänud osade puhul – c) riigigarantii küsimine ja 28,5 miljoni euro suuruse võla hilisem konverteerimine omakapitaliks ning d) vastastikuse abistamise fondi puudujäägi katmine 8,6 miljoni euro ulatuses –, ei ole komisjonil ühtki tõendit selle kohta, et neid oleks juba rakendatud.
The Commission does not agree with the position of the Cypriot authorities that the State acted as a market economy investor in order to protect the value of its investment, because the capital increase of EUR 31,33 million was anyway not sufficient to allow the survival of the Company.
meede
This was proven by the fact that the Company received additional rescue funding as part of measure 2 (rescue aid) only a few months later.
Komisjon võtab teadmiseks Küprose ametiasutuste 2013. aasta septembris esitatud selgituse, et koondatud töötajatele ei makstud ega ka maksta mingit vabatahtlikku hüvitist.
As regards the absence of participation of other investors due to the stressed situation of the Cypriot economy at that time, the Commission notes that if such an investment had been attractive for a market investor, one can expect that foreign investors would have expressed an interest.
Peaaegu aasta hiljem, oma 2014. aasta augustikuu kirjas, märkisid Küprose ametiasutused, et 2014. aasta mais/juunis otsustas valitsus maksta sotsiaal-majanduslikel põhjustel hüvitist otse endistele Cyprus Airwaysi töötajatele, kes olid juba ametist tagasi astunud või koondatud.
At any rate, the Commission takes note of the intention of the Cypriot authorities to include the participation of the State to the 2012 share capital increase in the notified restructuring aid.
Otsus võeti vastu ja hüvitised maksti välja alles pärast tagasiastumise või koondamise lõpuleviimist.
Measure 1 thus enabled Cyprus Airways to continue operating because the Company did not have to face the consequences normally following from its poor financial results.
Küprose ametiasutuste sõnul toimus Cyprus Airwaysi töötajate 2013. aasta ümberkorralduskava kohane ametist tagasiastumine ja koondamine ilma igasuguse Küprose valitsuse pakutava lisahüvitise maksmiseta.
Since Cyprus Airways competes in the liberalised EEA market for air transport with other EEA airlines, measure 1 had the potential to distort competition and affect trade between Member States.
Otsuse maksta Cyprus Airwaysi endistele töötajatele otsest hüvitist tegi Küprose valitsus hiljem.
Measure 2 was notified as a rescue aid loan provided in the form of a government loan, which would bear an interest of 1,76 % and should be repaid by 30 June 2013.
Seega tundub, et Küprose ametiasutuste esialgsest kavatsusest maksta koondatavatele töötajatele vabatahtlikku hüvitist loobuti, ning seepärast leiab komisjon, et puudub vajadus hinnata 3. meetme liigitumist riigiabiks.
The Commission considered in its decision of 6 March 2013 that no prudent creditor would have provided a loan with such interest rate to a firm in difficulty.
meede
In addition, the Cypriot authorities have not demonstrated how Cyprus Airways would be able to repay the loan after six months.
Cyprus Airwaysile anti 2010. ja 2011. aastal 269 317,94 eurot riigiabi kava alusel, mis võimaldas anda valitud ettevõtjatele koolituse otstarbel riigieelarvest toetust.
Since all other criteria under Article 107(1) of the Treaty are fulfilled (as further explained in the decision of 6 March 2013, to which the present decision refers on that point), measure 2 constitutes State aid.
Seepärast järeldab komisjon, et 5. meede kujutab endast Cyprus Airwaysile antud riigiabi ELi toimimise lepingu artikli 107 lõike 1 tähenduses.
The Cypriot authorities acknowledge that the loan constitutes rescue aid in their reply to the decision of 6 March 2013.
Küprose ametiasutused ei vaidle sellele hinnangule vastu.
The Commission notes that the loan will not be repaid and has been notified by the Cypriot authorities in the context of the restructuring aid (measure 4).
Koolitusabi anti Cyprus Airwaysile 303 koolitusprojekti jaoks 2010. ja 2011. aastal.
Measure 4 was notified as restructuring aid.
Küprose ametiasutused ei ole siiski esitanud projektide kaupa selle summa väljamaksmise kuupäevi.
Indeed, all of its components involve State resources and are imputable to the State, either in the form of a capital injection, a conversion of debt into equity or by directly covering part of the Provident Fund’s deficit.
Järeldus riigiabi olemasolu kohta
Measure 4 provides a selective advantage to Cyprus Airways, since a market economy investor would not have provided such funding to a company in such a financial situation, (with accumulated losses of EUR 99,7 million, highly over-leveraged and its capital base eliminated).
Eespool öeldut arvesse võttes puudub komisjoni meelest vajadus hinnata, kas 3. meede kujutab endast riigiabi.
Finally, for the reasons set out in recital 106 above, the measure is likely to affect trade between Member States and to distort competition.
Komisjon leiab, et 1., 2., 4. ja 5. meede on riigiabi ELi toimimise lepingu artikli 107 lõike 1 tähenduses.
Thus, the Commission concludes that measure 4 constitutes State aid within the meaning of Article 107(1) of the Treaty in favour of Cyprus Airways.
, 2. ja 4. meetme raames antud riigiabi kogusumma on 102,9 miljonit eurot.
In accordance with the notification, the aid amounts to EUR 102,9 million.
Kaks esimest osa ehk 65,83 miljonit eurot maksti 12. septembrist 2012 kuni 26. juulini 2013 erinevatel kuupäevadel juba välja.
The Commission takes note of the statement by the Cypriot authorities that the possible granting of the short-term loan of EUR 10 million will not be necessary and therefore does not include the loan into the total restructuring aid.
meetmega kaasnev riigiabi on 269 317,94 eurot ja see maksti välja 2010.–2011. aastal.
As regards the granting date, the Commission notes that measure 4 has been granted in tranches.
EBASEADUSLIK ABI
Tranche (a) amounting to EUR 31,33 million (the State participation to the 2012 share capital increase) was granted as follows:
ja 2. meede ja sellest tulenevalt ka 4. meede kujutavad endast riigiabi ning nende võtmisel rikuti ELi toimimise lepingu artikli 108 lõikes 3 kehtestatud teavitamiskohustust ja rakendamiskeeldu.
Table 6
Sama kehtib 5. meetme puhul.
Granting dates of the State’s participation to the 2012 share capital increase
Sellest tulenevalt kujutavad kõik need meetmed endast ebaseaduslikku riigiabi.
Granting date
ABI KOKKUSOBIVUS SISETURUGA
12 September 2012
Kui teatavad meetmed kujutavad endast riigiabi ELi toimimise lepingu artikli 107 lõike 1 tähenduses, tuleb hinnata nende kokkusobivust siseturuga kõnealuse artikli lõigetes 2 ja 3 sätestatud erandite valguses.
20 September 2012
Euroopa Kohtu praktika kohaselt on liikmesriigi ülesanne esitada siseturuga kokkusobivuse võimalikud põhjused ja tõendada, et sellise kokkusobivuse tingimused on täidetud.
26 September 2012
Küprose ametiasutused olid algul seisukohal, et 1. meede ei hõlma riigiabi, ja teatasid 2. meetmest kui päästmisabist.
11 October 2012
Pärast esimest ametlikku uurimismenetlust ja kahtlusi, mida komisjon selle raames väljendas, ning 2. meetme alusel antud päästmisabi kavandatud tagasi maksmata jätmist on Küprose ametiasutused siiski väitnud, et 1., 2. ja 4. meede on 2004. aasta päästmise ja ümberkorraldamise suuniste alusel siseturuga kokkusobivad kui ümberkorraldusabi.
28 December 2012
2013. aasta ümberkorralduskava põhieeldused ja -ideed püsisid alates 23. oktoobri 2013. aasta teatisest alates siiski muutumatuna.
Total: 31,33
meetme kohta väitsid Küprose ametiasutused, et tegemist oli üdise grupierandi määruse alusel kokkusobiva koolitusabiga.
Tranche (b) amounting to EUR 34,5 million (the rescue aid loan) was granted as follows:
Komisjon on aga teinud kooskõlas Küprose ametiasutuste esitatud teabega kindlaks, et Cyprus Airways on olnud alates 2009. aastast raskustes olev äriühing.
Table 7
Vastavalt üldise grupierandi määruse artikli 1 lõike 6 punktile c on raskustes olevad äriühingud määruse reguleerimisalast välja jäetud.
Granting dates of the State’s 2013 rescue aid loan
Seepärast ei ole Cyprus Airways olnud alates 2009. aastast koolitusabikõlblik.
22 January 2013
Peale selle ei saa 2004. aasta päästmise ja ümberkorraldamise suuniste punkti 20 kohaselt raskustes olevat äriühingut „kasutada muude poliitiliste eesmärkide saavutamise vahendina, enne kui tema elujõulisus on tagatud.
29 January 2013
Järelikult võib komisjoni arvates abi raskustes olevatele äriühingutele edendada majandustegevuse arengut, kahjustamata kaubandust määral, mis on vastuolus ühenduse huvidega, kui täidetakse käesolevates suunistes kehtestatud tingimusi”.
28 February 2013
Seega saab komisjon hinnata 5. meedet üksnes 2013. aasta ümberkorralduskava kohase ümberkorraldusabina.
2 May 2013
Kuna 1., 2., 4. ja 5. meetme puhul on asjakohane vaid üks kokkusobivuse põhjus, on komisjoni meelest sobilik hinnata kõiki meetmeid koos.
26 July 2013
Hindamisel viitab komisjon eeskätt 2004. aasta päästmise ja ümberkorraldamise suuniste punktidele 31–77.
Total: 34,5
Rahastamiskõlblikkus – raskustes olev äriühing
As regards the other tranches of measure 4, that is to say (c) the calling of the State guarantee and the subsequent conversion of the debt of EUR 28,5 million into equity, and (d) the coverage of EUR 8,6 million of the Provident Fund’s deficit, the Commission does not have any indication that they have already been granted.
Seejärel tunnistasid Küprose ametiasutused, et Cyprus Airways on olnud raskustes olev äriühing alates 2009. aastast.
Measure 3
Avalikkusele kättesaadavate finantsaruannete põhjal on Cyprus Airwaysi peamised finantsandmed olnud alates 2009. aastast järgmised.
The Commission takes note of the clarification provided by the Cypriot authorities in September 2013 that no ex gratia compensation had been or would be granted to employees made redundant.
Tabel 8
Almost one year later, in their submission of August 2014, the Cypriot authorities indicated that in May/June 2014 the Cypriot government has, for socioeconomic reasons, decided to compensate directly former Cyprus Airways employees that had already resigned or been made redundant.
Cyprus Airwaysi peamised finantsandmed 2008. aastast kuni 2012. aasta esimene poolaastani (miljonites eurodes)
The decision was taken and compensations were paid only after the resignations or redundancies had been finalised.
2012. aasta esimene poolaasta [22]
Rather, the latter would have taken an ex post decision to directly compensate former Cyprus Airways employees.
Maksueelne kasum
It thus appears that the Cypriot authorities’ initial intentions to provide ex gratia compensation to employees to be made redundant was abandoned and the Commission therefore considers that it is not necessary to conclude on the State aid qualification for measure 3.
Osa- või aktsiakapital
Measure 5
Omakapital
The amount of EUR 269 317,94 was granted to Cyprus Airways in 2010 and 2011 through a State aid scheme, which allowed grants from the State budget to selected companies for training purposes.
2004. aasta päästmise ja ümberkorraldamise suuniste punkti 10 alapunktis a on sätestatud, et piiratud vastutusega äriühingut loetakse raskustes olevaks siis, kui ta „on kaotanud üle poole oma osa- või aktsiakapitalist ja üle veerandi sellest kapitalist viimase 12 kuu jooksul”.
Thus, the Commission concludes that measure 5 constitutes State aid within the meaning of Article 107(1) of the Treaty in favour of Cyprus Airways.
2004. aasta päästmise ja ümberkorraldamise suuniste punkti 10 alapunkt a kajastab eeldust, et osa- või aktsiakapitali suure kaotuse korral ei suuda äriühing vähendada kahjumit, mis põhjustaks lühema või keskmise ajavahemiku jooksul peaaegu kindlasti äriühingu tegevuse lõpetamise.
This qualification is not disputed by the Cypriot authorities.
Komisjon leiab, et sama eeldus on veelgi asjakohasem äriühingu puhul, kes on kaotanud kogu oma osa- või aktsiakapitali ja kelle omakapital on negatiivne.
The training aid was granted to Cyprus Airways for 303 training projects during the years 2010 and 2011.
Nagu on näidatud tabelis 8, oli Cyprus Airwaysi omakapital alates 2011. aastast negatiivne.
However, the Cypriot authorities did not provide a breakdown of the granting date of each project.
Omakapital vähenes juba 2009. aastal ja 2010. aastal jäi see tublisti allapoole aktsiakapitali taset.
Conclusion on existence of State aid
Järgnevatel aastatel see suundumus jätkus.
The Commission considers that measures 1, 2, 4 and 5 constitute State aid within the meaning of Article 107(1) of the Treaty.
2004. aasta päästmise ja ümberkorraldamise suuniste punktis 33 on öeldud: „Äriühingut peab saama lugeda raskustes olevaks käesolevate suuniste tähenduses”.
The total amount of State aid comprised in measures 1, 2 and 4 is EUR 102,9 million.
See tingimus on seega täidetud.
The first two tranches, that is to say EUR 65,83 million, have already been granted on various dates between 12 September 2012 and 26 July 2013.
2013. aasta ümberkorralduskava kestus – pikaajalise elujõulisuse taastamine
The State aid comprised in measure 5 is EUR 269 317,94 and was granted during 2010-2011.
2004. aasta päästmise ja ümberkorraldamise suuniste punktides 35–37 on kirjas: „35.
UNLAWFUL AID
Ümberkorraldamiskava, mille kestus peab olema võimalikult lühike, peab mõistliku aja jooksul ning tulevaste tegevuseeldustega seotud realistlike oletuste alusel taastama äriühingu pikaajalise kasumlikkuse.
The measures 1, 2 and, hence, measure 4 constitute State aid and were granted in breach of the notification and stand-still obligations established in Article 108(3) of the Treaty.
Ümberkorraldamisabi peab seetõttu olema seotud elujõulise ümberkorraldamiskavaga, mida asjaomane liikmesriik kohustub rakendama.
The same applies to measure 5.
Komisjonile tuleb esitada üksikasjalik kava, mis eelkõige peab sisaldama turuülevaadet.
Consequently, each of those measures constitutes unlawful State aid.
Elujõulisuse paranemine peab tulenema peamiselt ümberkorraldamiskavas sisalduvatest sisemistest meetmetest, see võib välistel teguritel, nagu hindade ja nõudluse erinevused, mida äriühing ise eriti mõjutada ei saa, põhineda ainult sel juhul, kui turu arengu kohta tehtud oletused on üldtunnustatud.
COMPATIBILITY OF THE AID
Ümberkorraldamine peab sisaldama sellise tegevuse lõpetamist, mis isegi pärast ümberkorraldamist oleks kahjumlik.”
Inasmuch as certain measures constitute State aid within the meaning of Article 107(1) of the Treaty, their compatibility must be assessed in the light of the exceptions laid down in paragraphs 2 and 3 of that Article.
Ümberkorraldamiskavas tuleb kirjeldada raskusteni viinud asjaolusid, andes sellega aluse soovitatud meetmete asjakohasuse hindamiseks.
The Cypriot authorities were initially of the view that measure 1 did not entail State aid and notified measure 2 as rescue aid.
See kava peaks võimaldama äriühingul areneda uue struktuuri suunas, mis pakub pikaajalise elujõulisuse väljavaateid ning aitab äriühingul jalule tõusta.”