natgillin/translations-raw huggingface dataset:
Restructuring aid
Kõikidel nendel juhtudel hinnati kinnisvara väärtust sõltumatult ja kooskõlas üldaktsepteeritud turunäitajate ja hindamisstandarditega (sealhulgas võrreldavate tehingute ja kohaliku turuolukorra arvessevõtmine).
The restructuring aid is to be granted by the Ministry of State Treasury, therefore it is clear that it involves State resources and is imputable to the State.
Hindajatel oli nõuetekohane kvalifikatsioon ja piisav kogemus.
The restructuring aid is to be granted to one specific undertaking only, i.e. LOT, on terms that the Company would not have been able to obtain on the market, given its difficult financial condition.
Komisjon märgib, et hindamine toimus enne tehingute tegemist.
Poland confirms this in the restructuring plan which states that State aid is the only possible source of financing that will allow the Company to continue operations and to implement the restructuring measures.
Komisjon märgib ka, et kõnealused tehingud vastavad sõltumatu asjatundja hinnangu nõuetele, mis on sätestatud komisjoni teatises ametivõimude korraldatavas maa ja hoonete müügis sisalduvate riigiabi elementide kohta [62].
Therefore, the Commission concludes that the measure provides the beneficiary with a selective advantage.
Nende kaalutluste põhjal järeldab komisjon, et kõnealuste hindamiste tulemused vastavad piisavalt täpselt kirjeldatud kinnisvaraobjektide ligikaudsele turuhinnale.
Furthermore, the aid is apt to improve the competitive position of LOT in the air transport business.
Seetõttu järeldab komisjon, et kirjeldatud LOTi kinnisvara müügiga seotud tehingud ei andnud LOTile sellist eelist, mida ta tavalistel turutingimustel ei oleks saanud, ega ole seega riigiabi EL toimimise lepingu artikli 107 lõike 1 tähenduses.
Undertakings from different Member States are competing in the air transport business in the EU, in particular since the entry into force of the third stage of liberalisation of air transport (‘third package’) on 1 January 1993 [53].
Laenud
Therefore, the aid distorts or threatens to distort competition and affects trade between Member States.
LOTile antud laenude küsimuses teeb komisjon Poola selgitustest lähtudes järgmised järeldused.
On the basis of these considerations, the Commission concludes that the notified measure constitutes State aid pursuant to Article 107(1) TFEU.
Eespool põhjendustes 142 ja 143 kirjeldatud laenude kohta, mille andsid LOTile PZU kontsern ja PKN Orlen, märgib komisjon, et viimased on eraõiguslikud äriühingud.
Deferral of airport charges and other transactions
Järelikult ei ole nende otsused omistatavad riigile ja nende ressursid ei ole riigi ressursid.
Deferral of airport charges
Kõnealused laenud ei ole seega riigiabi EL toimimise lepingu artikli 107 lõike 1 tähenduses.
As regards imputability, the Commission notes that all the airports which granted deferrals to LOT are controlled either directly or indirectly by the Polish State as described in recital 103 above.
TF Silesia laenu kohta LOTile tuleb märkida, et TF Silesia otsused on omistatavad riigile ja tema ressursid on riigi ressursid, nagu järeldati juba põhjenduses 175.
Considering that in line with the settled case law [54] ‘the mere fact that a public undertaking is under State control is not sufficient for measures taken by that undertaking (…) to be imputed to the State’, the Commission has to examine, within the scope of the present investigation, the intensity of the supervision exercised by the State over the management of the airports.
OLPP laenu kohta LOTile märgib komisjon, et selle ainuosanik PERN on täielikult riigikassa omanduses, nagu on kirjeldatud põhjenduses 142.
Furthermore, the Commission has to verify whether there are any other indicators showing the involvement of the State in granting the deferrals of airport charges to LOT or whether such decisions were taken autonomously by the airports without any State interference.
Seetõttu on riigikassal kogu hääleõigus selle äriühingu osanike koosolekul ja ta nimetab ametisse kõik selle juhatuse liikmed.
The Commission notes that the KPMG Report, submitted by Poland, describes the decision-making process taken by each of the airports in case of each of the deferral agreements, including the initiation of the debt collection process, calls for payment and negotiations concerning the terms and conditions of the deferrals.
Eespool kirjeldatut arvestades usub komisjon, et OLPP otsused on omistatavad riigile ja tema ressursid on riigi ressursid.
The KPMG Report indicates as well the parties involved in negotiations (e.g. the legal, debt collection and finance departments of the airports).
Eespool kirjeldatut arvestades pidi komisjon seoses TF Silesia ja OLPP laenudega LOTile hindama, kas need laenud anti turutingimustel.
The KPMG Report does not indicate any State interference in the granting of the deferrals of the airport charges to LOT.
Võttes arvesse seda, et kõnealustel laenudel oli piisav tagatis ja nende intressimäär oli sarnane eraõiguslike võlausaldajate kohaldatavate määradega, nagu on kirjeldatud põhjenduses 144, järeldab komisjon, et need laenud anti turutingimustel.
Nonetheless, as regards PPL, the company managing Warsaw Chopin Airport, the Commission notes that it is subject to public law and wholly owned by the State Treasury which appoints its General Director.
Seetõttu järeldab komisjon, et LOTile antud laenud ei ole riigiabi EL toimimise lepingu artikli 107 lõike 1 tähenduses.
PPL is subject to a significant level of supervision by the public authorities [55] as described in recitals 103 and 105 above.
Tütarettevõtjate müük
Moreover, Warsaw airport is the main Polish airport, it handles around 10 million passengers per year and it is of capital importance for Poland's connectivity with the rest of the world.
LOTi tütarettevõtjate müügi küsimuses teeb komisjon Poola selgitustest lähtudes järgmised järeldused.
As regards the regional airports, the Commission notes that those are private law companies, directly or indirectly controlled by the State and in particular in each case PPL is one of their public shareholders [56] as described in recital 103 above.
Äriühingute LOT Services, LOT Catering, LOT AMS ja LOT Cargo müügi kohta märgib komisjon, et neid tehinguid käsitleti komisjoni otsuses juhtumi nr SA.33337 kohta, [63] milles komisjon jõudis järeldusele, et need tehingud ei sisaldanud riigiabi.
Moreover, the operation of regional airport has an important impact on the local economy and therefore it is improbable that local authorities are not involved in some way in important operating decisions of those airports, which they control.
Seda otsust ei vaidlustatud ja see on lõplik.
Taking into account the impact the decisions concerning the deferral of airport charges could have on LOT and on the activities of all those airports at local or national level and that LOT is the key customer of PPL and the strong links between PPL and the State and finally the fact that PPL is subject to public law, it is highly improbable that those decisions could have been taken without any involvement whatsoever of the State.
Huvitatud isikute märkuste kohta, et LOT müüs osalused kõnealustes tütarettevõtjates nende turuväärtusest kallimalt, täpsemalt et äriühingute LOT AMS ja LOT Services müügihind ei olnud vastavuses sellega, et i) LOT AMS oli eriti halvas finantsolukorras olev äriühing ja ii) äriühingu LOT Services eelkäija LOT Ground Services Sp. z o.o.
Therefore, the Commission concludes that even if it cannot be precisely demonstrated that Poland incited PPL to defer the airport charges due by LOT, the public authorities must be considered as involved in those decisions in one way or another.
(edaspidi „LOT Ground Services”) suhtes oli algatatud maksejõuetusmenetlus, nagu on kirjeldatud põhjenduses 132, märgib komisjon, et ta on kõnealuseid tehinguid juba uurinud.
In summary, the Commission concludes that there are sufficient elements to consider that the deferrals of airport charges are imputable to the State.
Täpsemalt põhines LOT AMSi osaluse müügihind kolmel eelneval sõltumatul väärtuse hindamisel, mida on kirjeldatud ja hinnatud komisjoni otsuses juhtumi SA.33337 kohta [64].
Because the deferrals involve a potential loss of resources of public undertakings those measures are granted through States resources.
Ka LOT Cargoga seotud tehinguid kirjeldati ja hinnati juba komisjoni otsuses juhtumi SA.33337 kohta [65].
Nevertheless, in order to determine whether those measures grant an economic advantage to LOT for the purpose of Article 107(1) TFEU, the Commission must establish whether PPL and the regional airports (in deferring the airport charges) behaved in a way comparable to that of a private creditor in a similar situation.
Äriühingute LOT Ground Services ja LOT Services puhul kontrollis komisjon, kas LOT Services on LOT Ground Servicesi õigusjärglane, ja jõudis järeldusele, et ta üksnes võttis üle osa likvideeritud äriühingu põhivarast [66].
If that is the case, LOT cannot be regarded as having obtained an advantage, which it would not have obtained under normal market conditions and the measures would not therefore constitute State aid within the meaning of Article 107(1) TFEU (‘the market economy operator test’).
Eespool kirjeldatust lähtudes ei ole komisjonil põhjust muuta oma hinnangut juhtumis SA.33337 tehtud riigiabiotsuses.
In particular, the Commission notes that in line with the settled case law [57], the context in which the deferrals were granted to LOT, i.e. the economic crisis and other extraordinary events, as described in recital 108 above, should be taken into account when assessing their market conformity.
Casinos Polandi müügi kohta Viccole, mida on kirjeldatud põhjenduses 145, märgib komisjon, et Vicco on eraõiguslik äriühing.
The Commission also notes that LOT is the key customer of the airports in Poland and generates a considerable part of their revenue as described in recital 109 above.
Järelikult ei ole Vicco otsused omistatavad riigile ja tema ressursid ei ole riigi ressursid.
Therefore, the airports have a particular interest in continuing their cooperation with LOT.
Petroloti müügi kohta PKN Orlenile, mida on kirjeldatud põhjenduses 145, järeldas komisjon juba põhjenduses 179, et PKN Orlen on eraõiguslik äriühing ning seega ei ole tema otsused omistatavad riigile ja tema ressursid ei ole riigi ressursid.
Moreover, the Commission assessed the information concerning the comparison between the advantages and disadvantages of possible options to recover the debt from LOT by the airports, i.e. deferral of the airport charges, litigation proceedings or insolvency submitted by Poland.
Euroloti müügi kohta TF Silesiale, mida on kirjeldatud põhjenduses 145, järeldas komisjon juba, et TF Silesia otsused on omistatavad riigile ja tema ressursid on riigi ressursid.
In particular, with reference to the timeframe, the Commission notes that the average deferral period granted by the airports to LOT was of approx.
Komisjon märgib aga ka, et tehingule eelnes avalik läbirääkimiskutse.
6,5 months.
Peale selle määrati Euroloti osaluse väärtus kindlaks enne tehingu toimumist koostatud hindamisaktide põhjal.
This seems advantageous for the airports when compared with the average time to claim receivables in Poland (i.e. over 2 years) or with the average duration of insolvency proceedings in Poland (i.e. on average 3 years).
Hindamisel kasutati üldkasutatavaid ja -aktsepteeritud metoodikaid (s.o diskonteeritud rahavoogude meetodit ja vara puhasväärtuse meetodit) ja see põhines usutavatel eeldustel.
It remains advantageous also if compared with the longest deferral period granted to LOT which was of approximately 1 year.
Eespool kirjeldatu põhjal järeldab komisjon, et kõnealuste hindamiste tulemused vastavad piisavalt täpselt LOTile kuulunud Euroloti osaluse ligikaudsele turuhinnale.
In addition, the Commission observes that when the deferral decisions were made, LOT still had assets which could have been used as collateral [58].
Eespool kirjeldatut arvesse võttes järeldab komisjon, et kõnealune tehing vastab turutingimustele.
The deferrals were therefore more advantageous for the airports than filing for insolvency, where the airports' receivables would have been repaid in the last category of creditors, possibly with a much lower percentage than in case of the deferrals, as described in recitals 110 and 114 above.
Seetõttu järeldab komisjon, et LOTi tütarettevõtjate müük ei ole riigiabi.
As regards the terms and conditions of the deferrals, the Commission notes that the interest charged by the airports seems to reflect market conditions as it was set at a level comparable with the average interest rate [59] charged for loans granted in the industry sector in the relevant period while at the same time the airports were not obliged to apply the statutory rate.
Teenuste osutamine
Furthermore, the Commission notes that the majority of the deferred amount was secured on LOT's assets.
Väite kohta, et PKN Orlen ja selle tütarettevõtja Petrolot tarnisid LOTile soodushinnaga kütust, nagu on kirjeldatud põhjenduses 146, märgib komisjon, et PKN Orlen ja selle tütarettevõtja Petrolot on eraõiguslikud äriühingud.
In the remaining cases LOT provided blank promissory notes and/or LOT recognised its debt towards a given airport which significantly improved the position of airports in case of debt collection as described in recitals 112 and 113 above.
Kuna PKN Orleni ressursid ei ole riigi ressursid, järeldab komisjon seega, et LOTile kütuse tarnimisega seotud tehingud ei ole riigiabi.
Furthermore, the Commission notes that also private creditors of LOT allowed it to defer payment of debts on similar terms and conditions, including an interest rate lower than the statutory interest or without interest and in some cases also without a collateral as described in recital 115 above.
ÜMBERKORRALDUSABI SEADUSLIKKUS
Finally, the Commission acknowledges that all the deferred airport charges have been fully repaid by LOT as described in recital 116 above.
Nõukogu 22. märtsi 1999. aasta määruse (EÜ) nr 659/1999 (millega kehtestatakse üksikasjalikud eeskirjad EÜ asutamislepingu artikli 93 kohaldamiseks) [67] artikli 3 kohaselt ei kehtestata abi enne, kui komisjon on teinud või kui loetakse, et ta on teinud sellist abi lubava otsuse (edaspidi „rakendamiskeeld”).
As regards the KPMG Report submitted by Poland, the Commission notes that it analyses the market character of each of the deferral agreements, as described in recital 117 above.
Poola ei ole LOTile antavat ümberkorraldusabi seni rakendanud.
In particular, the methodology used by KPMG which compares the base scenario in which the deferrals of airport charges are granted to LOT with the alternative scenario in which no deferrals of airport charges are granted to LOT and the insolvency proceedings are being initiated against LOT is based on the objectively verifiable data (statistics, concrete examples, etc.).
Seetõttu järeldab komisjon, et rakendamiskeeldu on järgitud.
The scenarios were compared in three different sub-scenarios which contribute to provide an objective result.
ÜMBERKORRALDUSABI KOKKUSOBIVUS
The comparison of those two scenarios confirms that the deferral of airport charges was, in each case, economically rational and more beneficial for the airports than the alternative scenario of initiating the insolvency proceedings.
EL toimimise lepingu artikli 107 lõike 3 punkti c kohaselt võib riigiabi lubada, kui see on antud teatud majandussektorite arengu soodustamiseks ja kui see ei mõjuta ebasoovitavalt kaubandustingimusi määral, mis oleks vastuolus ühiste huvidega.
The KPMG Report is based on commonly used methods of evaluation and it does not raise doubts concerning the methodology and standards used.
Komisjon leiab, et vaatlusalune meede on ümberkorraldusabi, mida tuleb suunistest lähtudes hinnata, et teha kindlaks, kas see on EL toimimise lepingu artikli 107 lõike 3 kohaselt siseturuga kokkusobiv.
Based on these considerations, the Commission considers that the results of the Report provide for a reliable confirmation of the market conformity of the deferral agreements.
Raskustes olev äriühing
The Commission observes that a creditor who is considering deferring payment of its receivables cannot be compared to an investor, as the business terms and conditions in those cases are different, i.e. an investor intends to earn a profit, carefully assesses the risks, demands satisfactory security and, in the absence of security, may withdraw from the investment, etc. while a creditor is in a different situation.
Suuniste punkti 12 alapunkti a ja punkti 14 kohaselt on ümberkorraldamisabikõlblikud ainult raskustes olevad äriühingud.
Its receivable already exists and is unsecured.
Selleks et äriühingut saaks lugeda raskustes olevaks, peab ta vastama suuniste punktides 10 või 11 loetletud kriteeriumidele.
The creditor can therefore only choose between claiming the receivable in court or resolving the matter amicably and therefore it may be willing to accept different, sometimes less advantageous terms of repayment of debt than in the case of an investor.
Punkti 10 kohaselt loetakse äriühingut raskustes olevaks järgmistel asjaoludel:
In particular the creditor may accept certain concessions of the debtor facilitating enforcement (e.g. by recognizing the debt, voluntary submission to enforcement, etc.) or establishing security if possible.
kui tegemist on piiratud vastutusega äriühinguga, kes on kaotanud üle poole oma osa- või aktsiakapitalist ja üle veerandi sellest kapitalist viimase 12 kuu jooksul;
The creditor may therefore have an interest in allowing a debt deferral if it may later help for example to carry out enforcement [60].
kui asjaomane äriühing liigist olenemata vastab siseriikliku õiguse kohaselt kõiki võlakohustusi hõlmava maksejõuetusmenetluse kohaldamise kriteeriumidele.
In view of these considerations, the Commission concludes that the State-owned airports acted as a market economy creditor when granting deferrals of the airport charges to LOT.
Komisjon märkis algatamisotsuses, et LOT, kes on piiratud vastutusega äriühing, vastas suuniste punkti 10 alapunktis a loetletud kriteeriumidele, sest 31. detsembri 2012. aasta seisuga oli ta kaotanud üle poole oma aktsiakapitalist (169,7 %) ja üle veerandi sellest viimase 12 kuu jooksul (89,3 %) [68].
Therefore, those transactions did not grant LOT any advantage that it would not have obtained under normal market conditions.
2013. aastal saadud puhaskasumi tõttu võib näida, et LOT ei vasta praegu punkti 10 alapunkti a teisele alakriteeriumile.
It follows that the deferrals of the airport charges considered herewith do not constitute State aid.
2013. aasta puhaskasum oli aga võimalik ainult tänu päästmisabile.
Other transactions
Ilma selleta ei oleks kasumit tekkinud, sest äriühing ei oleks ellu jäänud.
As regards the transactions of LOT concerning real estate, in view of the clarifications provided by Poland, the Commission comes to the following conclusions.
Seetõttu leiab komisjon, et LOT oli ümberkorraldusprotsessi alguses ja on praeguseni raskustes olev äriühing punkti 10 alapunkti a tähenduses.
As regards the sale of the LOT Headquarters to PZU/PB1, the Commission concludes that the purchaser is a private company, as described in recitals 139 and 140 above, and therefore its resources are not the State resources.
Peale selle ähvardas LOTi 2012. aasta detsembris mittelikviidsus ja ta oli sunnitud küsima päästmisabi, et mitte maksejõuetuks muutuda, vt põhjendus 17.
Consequently, this transaction does not constitute State aid within the meaning of Article 107(1) TFEU.
Poola kinnitas, et päästmisabita oleks äriühing varsti pankrotistunud.
As regards (i) the sale of real estate at 17 Stycznia Street 39 to TF Silesia, (ii) the sale of the Cargo Terminal to LS Airport Services, (iii) the sale of the Catering Facilities to LOT Catering, the Commission notes that the purchaser was a company directly or indirectly controlled by the State.
Seetõttu leiab komisjon, et LOT oli alates ümberkorraldusprotsessi algusest raskustes olev äriühing suuniste punkti 10 alapunktide a ja c tähenduses.
In case of TF Silesia and LS Airport Services, both companies are directly controlled by the State Treasury.
Komisjon kontrollis ka seda, kas LOT vastab suuniste punkti 11 kriteeriumidele.
As regards LOT Catering, its sole shareholder REF is also wholly owned by the State Treasury, as described in recital 139 above.
Suuniste punktis 11 sätestatakse, et isegi kui ei esine ühtegi punktis 10 loetletud tingimust, võib äriühingu siiski lugeda raskustes olevaks, ning loetletakse teatavad märgid, mis tavaliselt sellele viitavad, näiteks vähenev käive, kasvav laoseis, ülevõimsus, kasvav võlg, suurenevad intressinõuded ja vähenev või puuduv varade puhasväärtus.
All those companies are private law companies subject to the Commercial Companies Code.
Äriühingu finantsaruannetes ilmnevad järgmised märgid, mis viitavad sellele, et seda saab pidada raskustes olevaks (vt tabel 1):
The Code requires consent of the shareholders' meeting for the sale or purchase of real estate in case of limited liability companies, as well as, subject to certain conditions, in case of joint stock companies [61].
vähenev käive: 2013. aastal langes müügitulu 3147 miljonile zlotile, mis on madalaim tase alates 2010. aastast, mil see langes 2958,8 miljonile zlotile;
Therefore, considering that the State Treasury is exercising directly or indirectly all voting rights in the shareholders' meetings of TFS, LS Airport Services and LOT Catering, the State was inevitably involved in the decision making process concerning the transactions in question.
kasvav laoseis: pärast esialgset vähenemist 252,1 miljonilt zlotilt 2010. aastal 198,5 miljonile zlotile 2012. aastal suurenes laoseis 2013. aastal 216,6 miljonile zlotile;
In view of these considerations, the Commission concludes that the decisions of TF Silesia, LS Airport Services and LOT Catering are imputable to the State.
ülevõimsus: äriühing on vähendanud töötajate arvu ja lennukiparki ning kavatseb vähendamist jätkata, mis viitab tema ülevõimsusele;
Since those companies are public undertakings their resources are State resources.
kasvav võlg: lühi- ja pikaajalised kohustused kasvasid 1606,9 miljonilt zlotilt 2010. aastal 3223 miljonile zlotile 2013. aastal;
In all those cases, the value of the real estate was subject to an independent valuation made in accordance with generally accepted market indicators and valuation standards (including taking into account comparative transactions and local market conditions).
suurenevad intressinõuded: intressikulud kasvasid 60,2 miljonilt zlotilt 2010. aastal 123,8 miljonile zlotile 2013. aastal;
The asset appraisers had appropriate qualifications and suitable experience.
vähenev või puuduv varade puhasväärtus: varade puhasväärtus vähenes 500,1 miljonilt zlotilt 2010. aastal 265,5 miljonile zlotile 2012. aastal ja 258,1 miljonile zlotile 2013. aastal.
The Commission notes that the valuations were performed before the transactions took place.
Komisjon leiab, et äriühing, mis on mitu aastat nii suures kahjumis olnud, on tõenäoliselt raskustes.
The Commission notes as well that the transactions in question fulfil the requirements of an independent expert valuation as stipulated in the Commission Communication on State aid elements in sales of land and buildings by public authorities [62].
Varasemates juhtumites [69] on komisjon järeldanud, et kui äriühingu omakapital on negatiivne, võib automaatselt eeldada, et suuniste punkti 10 alapunkti a kriteeriumid on täidetud; see kehtib LOTi puhul alates 2012. aastast.
Based on these considerations, the Commission concludes that the results of those valuations are an appropriate approximation of the market prices for the above described real estates.
Ka üldkohus on järeldanud, [70] et negatiivse omakapitaliga äriühing on raskustes olev äriühing.
Therefore, the Commission concludes that the transactions concerning the sale of real estate by LOT described above did not grant LOT an advantage that it would not have obtained under normal market conditions and as a consequence they do not constitute State aid within the meaning of Article 107(1) TFEU.
Eespool kirjeldatut arvestades leiab komisjon, et LOT on raskustes olev äriühing ka suuniste punkti 11 tähenduses.