natgillin/translations-raw huggingface dataset:
In accordance with the memorandum of understanding, private investors have the option of withdrawing and recovering their investment in the event of a negative decision by the Commission, the General Court or the Court of Justice, or of non-renewal of the public service delegation.
2002. aasta kavas ette nähtud laevapersonali vähendamise prognoosidest ei peetud kinni ja tootlikkuse 10 % suurendamist ei saavutatud;
This latter part of the cancellation clause is all the more penalising for the State as it concerns SNCM’s core activity.
400 täistöökoha kaotamine ja 2006. aasta kavas ette nähtud tootlikkuse suurendamise meetmed ei olnud piisavad, kuna need erinesid 2002. aasta kavast.
Private investors are therefore protected by the cancellation clause against the commercial risk in respect of the majority of SNCM’s activities.
Komisjoni ekspert nentis, et ülevõtjate äriplaani elluviimist aeglustasid oluliselt mitmed sündmused [163] ja ta jõudis järeldusele, et kumuleeritud kahjum võib olla oluliselt suurem kui 2007. aastal algselt kavas oli.
This risk is actually borne by the State alone.
Sellest lähtuvalt on komisjon seisukohal, et Prantsuse ametiasutuste vastused ei ole neid kahtlusi summutanud.
Invoking the aforementioned cancellation clause would generate an obligation to reimburse all of the capital contributions of the buyers by SNCM for the benefit of these private investors.
Elujõulisuse saavutamise sidumine avalike teenuste delegeerimisega ajavahemikul 2007–2013 ja erastamiskava kolme meetme loomisega, mille õiguslikkus ja siseuruga kokkusobivus ei ole veel kinnitatud, oli tõesti riskantne.
This would leave CGMF once more holding 100 % of SNCM’s capital, at a time when the risk of liquidation and hence of the loss of a significant portion of the public investment will have increased substantially.
Ühe ettevõtte pikaajalise elujõulisuse saavutamise kava usaldusväärsus võib põhineda kõigel, niikaua kui väljavalitud hüpoteesid on realistlikud.
As for the promise to purchase by the private shareholders, this cannot be invoked by CGMF in the event of the receivership or liquidation of SNCM.
Käesoleval juhul toetub kava õnnestumine aga peaaegu täielikult kahe hüpoteetilise sündmuse toimumisele, mille üle SNCMil ei ole kontrolli.
This confirms that, in the event of difficulties, this option cannot be invoked, and the risks are borne essentially by CGMF and hence the State.
Muu hulgas on komisjonil kahtlusi SNCMi tollaegset finantsolukorda silmas pidades tema suutlikkuse osas rahastada mõnede laevade vajalikku uuendamist.
Furthermore, the Commission cannot accept the French authorities’ argument that the memorandum of understanding contained a series of guarantees intended to protect the State’s investment.
Komisjon on seega seisukohal, et täidetud ei ole suunistes nõutud pikaajalise elujõulisuse tagamise tingimus.
The obligations imposed on the buyers do not constitute additional risks or constraints placed on the buyers that would leave them in a situation comparable to that of CGMF.
Põhjendamatute konkurentsimoonutuste vältimine (tasakaalustusmeetmed)
They are solely intended to ensure that, during the period in which the cancellation clause may be invoked by the private buyers, the latter do not make any legal modification to SNCM and carry out only those actions which are necessary in order to implement the business plan and the social pact.
2008. aasta kehtetuks tunnistatud otsuses nimetati nelja tasakaalustusmeedet:
Furthermore, as underlined by the General Court in its judgment of 11 September 2012, an analysis of the expected return is not in itself enough to enable the conclusion to be drawn that the investment was made by the State on market conditions, given the fact that the risks are not shared equitably between the public and the private shareholders.
Itaalia ja Korsika vahelisi liine teenindanud tütarettevõtte Corsica Marittima (82000 reisijat 2000. aastal) sulgemine, seega SNCMi kontserni lahkumine Itaalia ja Korsika vahelise transpordiühendusega seotud turult; SNCMi osaline lahkumine Touloni ja Korsika vahelistelt liinidelt;
Even if the condition of ‘investments made on equal terms’ (‘pari passu’) is not fulfilled, the measure can still be compliant with the principle of the private investor in a market economy.
sellel turul oli 2002. aastal vähem kui 460000 reisijat;
In such cases, it has to be shown that the State acted in the same way as a prudent private investor in a similar situation, for example by carrying out ex ante analyses of the profitability of the investment.
alates 2003. aastast reisijakohtade koguarvu ning SNCMi igal aastal tehtavate edasi-tagasi sõitude arvu vähendamine, eelkõige Nice’i ja Korsika vahelisel liinil;
However the French authorities have not provided proof of any such ex ante analysis.
nelja laeva müümine.
They only considered in their observations ex post that the fixed rate of return of […] [60] Confidential information.
Komisjon soovib meenutada, et Prantsuse ametiasutused pakkusid need meetmed välja seoses 15,81 miljoni euro suuruse abiga, see oli 2002. aastal eraldatud ümberkorraldusabi summa.
% would be adequate for a private investor, by comparing it with the rates of return on an OAT (Obligation Assimilable du Trésor) issued by the State, and on which the return at the time was between 3,72 % and 3,95 %.
Seoses 2002. aasta ümberkorralduskavas ette nähtud nelja laeva müügiga märgib komisjon, et need võõrandamised on osaliselt ellu viidud Danielle Casanova loovutamisega juunis 2002, reisi- ja kaubalaeva Paglia Orba ning reisi- ja kaubalaeva Pascal Paoli loovutamisega 2003. aastal.
They did not, however, provide any analyses to show that the rate of 10 % would have been acceptable for a private investor, given the risks borne by the State, e.g. the risks relating to the termination clause and those linked to the situation of the undertaking.
Seoses Corsica Marittima sulgemisega täpsustatakse suuniste punktis 40 eelkõige, et „[k]ompensatsioonimeetmete hindamise eesmärgil ei loeta tootmisvõimsuse või turuosa piiramiseks kustutamisi ja kahjumit tekitavast tegevusest loobumist, mis on igal juhul tarvilikud elujõulisuse taastamiseks”.
Above all, the rate of […] [60] Confidential information.
Sellest lähtuvalt ei saa Corsica Marittima sulgemist lugeda tasakaalustusmeetmeks, kuna ta on olnud kahjumit tekitav tema loomisest saadik 1990. aastal, pigem on tegemist pikaajalise elujõulisuse tagamisel osaleva meetmega.
Given that there is no return associated with the negative sale price of EUR 158 million or with the current account advance of EUR 38,5 million, the rate of return on the State’s entire investment in SNCM at the time of privatisation in 2006 would have been significantly lower than the rate of return on an OAT.
Komisjon märgib, et SNCMil on väike turuosa, Corsica Ferries France’i valduses oli 70 % turuosast [164].
Given the risks involved, this rate would not have been accepted by a private investor in a market economy.
Stephensi aruande järgi on Nice’ilt lahkuva liikluse järele suur nõudmine, eelkõige suveperioodil.
The Commission considers, therefore, that the State’s capital contribution of EUR 8,75 million confers an economic advantage on SNCM inasmuch as that contribution was made in parallel with a contribution of private capital under conditions which are not comparable within the meaning of Union case law.
Komisjon märgib samuti, et reisijateveoga seotud liiklus on märkimisväärselt kasvanud Korsika ja Touloni sadama vahel, kasvades vähem kui 200000 reisijalt 1999. aastal peaaegu 1 miljoni reisijani 2007. aastal [165].
Measures involving aid to individuals (EUR 38,5 million)
Komisjon märgib siiski, et Touloni ja Korsika vaheline liin on reisijate osas SNCMi kõige vähem olulisem liin.
The French authorities consider that this funding constitutes aid to individuals which does not benefit the undertaking and therefore is not State aid.
Komisjon on siiski seisukohal, et isegi kui see meede kvalifitseeruks tasakaalustusmeetmeks, siis ei oleks see piisav.
The interested parties CCF and STIM contested the categorisation of this measure as aid to individuals because they consider that the measure could generate indirect positive effects for SNCM.
Suuniste punktis 40 sätestatakse, et „[m]eetmed peavad olema võrdelised abi moonutava mõjuga […]”.
The Commission considers that the fact that the direct beneficiaries of the aid to individuals are employees is not sufficient to demonstrate the absence of aid for the benefit of their employer.
Nagu juba meenutatud punktides 341 ja 342, nendib komisjon, et Prantsuse ametiasutused pakkusid need meetmed välja seoses 15,81 miljoni euro suuruse abiga, see oli 2002. aastal eraldatud ümberkorraldusabi summa.
The General Court held that:
Aga kuna abi kogusumma ulatub edaspidi umbes 218 miljoni euroni, siis on komisjon arvamusel, et pakutud meetmed ei ole piisavad, võrreldes selle abi andmisega tekitatud konkurentsimoonutusega.
‘the fact that the direct beneficiaries of the aid to individuals are employees is not sufficient to demonstrate that no aid had been provided to their employer.’ [155].
Sellest tulenevalt nendib komisjon, et kõnealuste meetmete liigitamisega, olgu siis tasakaalustusmeetmeteks või elujõulisuse tagamise meetmeteks, seotud kahtlused ei ole hajutatud.
Furthermore, the Commission notes that, according to the memorandum of understanding, this measure is a commitment by the State towards the private partners to finance ‘the proportion of the cost of possible voluntary departures or breach of employment contracts (whatever their nature) which is in addition to sums of all kinds which must be paid by the employer …’ As the General Court states in paragraph 145 of the judgment of 11 September 2012, the inclusion of this aid to individuals in the sale agreement tends to show that it creates an advantage.
Prantsuse ametiasutused tõstatasid CFF puhul küsimuse monopoli tekke ohu kohta, kui SNCM kaob.
The parties had recourse to it because they could derive a certain advantage from it.
Komisjon on seisukohal, et Prantsuse ametiasutused ei tõestanud piisavalt selle ohu olemasolu ja olulisust.
This aid is therefore liable to confer an economic advantage on SNCM by releasing it from the obligation to bear all the costs connected with the potential future departure of certain employees.
Prantsusmaa mandri ja Korsika vaheline reisijate ja kaubavedu on konkurentsiga turg, mis on avatud kõigile Vahemeres tegutsevatele ettevõtetele.
If an undertaking is relieved of these costs by the State, it effectively receives an advantage.
Seda turgu iseloomustab ka sisenemistõkete puudumine.
The Commission stresses that these supplementary social measures are intended to facilitate the implementation of the redundancy plans necessary to attain the objectives of the undertaking, and that they are not a statutory requirement.
Igal juhul ei ole CFFi positsioon piisav selleks, et põhjendada vaidlusaluste meetmetega konkurentsi moonutamist.
In this case, the frequency of industrial action within SNCM shows that the implementation of a social plan in the undertaking as much as guarantees the outbreak of strikes and other industrial action.
Eelneva valguses jõuab komisjon järeldusele, et pakutud meetmed ei täida suuniste punktides 38–42 loetletud kriteeriume.
There is absolutely no doubt that these additional social measures constitute an advantage for SNCM.
PRANTSUSE AMETIASUTUSTE 2002.
The Commission considers, therefore, that this measure constitutes aid within the meaning of Article 107(1) TFEU.
AASTAL TEATATUD KAPITALITOETUSE KOKKUSOBIMATUS JA TAGASINÕUDMINE NING PRANTSUSE AMETIASUTUSTE 2006.
The balance of EUR 15,81 million awarded as restructuring aid in 2002
AASTAL ELLUVIIDUD KOLM UUT MEEDET
When privatisation was envisaged, the restructuring plan was still under way.
Abi on siseturuga kokkusobimatu.
However, the intended aim of restoring viability had not been achieved by SNCM.
Komisjon meenutab, et määruse (EÜ) nr 659/1999 artikli 14 lõike 1 kohaselt tuleb ebaseaduslik ja siseturuga kokkusobimatu abi abisaajalt tagasi nõuda.
The General Court highlighted that ‘[i]n that regard, it must be noted that the 2006 Decision is explicit on the fact that, as there are elements of aid for restructuring in the 2006 Plan, those elements ought to be analysed in conjunction with the aid for restructuring in the 2002 Plan …’ [156].
Peale selle peavad Prantsuse ametiasutused kõnealuse laenu tagasimaksmisel lisama abisummale sissenõutavad intressid, mida arvestatakse alates kuupäevast, millal kõnealune abi ettevõtte käsutusse anti, kuni selle tegeliku tagasimaksmiseni, [166] vastavalt komisjoni määruse (EÜ) nr 794/2004 [167] V peatükile.
The General Court underlines that this analysis was carried out ‘on a sound basis’.
PÄÄSTMISABI KOKKUSOBIMATUS JA TAGASINÕUDMINE
The sum of EUR 69,29 million comprises the EUR 66 million granted in 2002 as the first instalment of the restructuring plan and the EUR 3,29 million in aid granted in 2005 as the second instalment.
Alates hetkest, mil ümberkorraldusabina teatavaks tehtud meetmed ei vasta suunistega ette nähtud kokkusobivustingimustele, tuleb seoses Prantsuse ametiasutuste SNCMile lubatud päästmisabiga, mida käsitletakse komisjoni 17. juuli 2002. aasta otsuses, teha sellest kokkusobimatusest järeldused ja nõuda selle tagasimaksmist.
Of this amount of aid granted under the 2002 restructuring plan, EUR 53,4 million concerns in reality the public service delegation.
Prantsuse ametiasutused edastasid 19. novembril 2002 komisjonile koopia SNCMi ja CGMFi vahelistest kokkulepetest sularaha ettemakse kohta ning tõendid CGMFilt SNCMile tehtud ettemakse tagastamise kohta kahe ülekandega 13. mail ja 14. juunil 2002,
Since the General Court judgment of 11 September 2012 confirmed the legality of this aid, the Commission must examine jointly the compatibility of the restructuring aid proper, i.e. the EUR 15,81 million granted during the 2002 restructuring operation, and the compatibility of all of the 2006 measures in the light of the 2004 guidelines.
ON VASTU VÕTNUD KÄESOLEVA OTSUSE:
EXAMINATION OF THE COMPATIBILITY OF THE RESTRUCTURING AID PAID IN 2002 AND 2006
Artikkel 1
Guidelines to consider
Kapitalitoetuse lisamine 15,81 miljoni euro ulatuses ning Prantsuse ametiasutuste 2006. aastal elluviidud kolm uut meedet – SNCMi 75 % võõrandamine negatiivse hinnaga 158 miljonit eurot, CGMFi poolne kapitali suurendamine 8,75 miljoni euro võrra ning ettemakse jooksevkontole 38,5 miljoni euro ulatuses SNCMi töötajate jaoks –, mille Prantsusmaa viis SNCMi kasuks ellu, rikkudes ELi toimimise lepingu artikli 108 lõiget 3, kujutavad endast ebaseaduslikku riigiabi, mis ei ole kokkusobiv siseturuga.
The Commission notes that the 2002 restructuring plan was examined under the 1999 guidelines.
Artikkel 2
It also notes that the new 2006 measures integrating the 2002 plan post-date the entry into force of the new 2004 guidelines and were implemented before the Commission had authorised them.
Prantsusmaa nõuab abisaajalt artiklis 1 osutatud abi tagasi.
In accordance with the transitional rules provided for by the 2004 guidelines [157], it is these guidelines which apply to the aid, inasmuch as it is illegal aid part of which was awarded after they entered into force.
Tagasimakstavatelt summadelt arvestatakse intressi alates kuupäevast, mil abi anti abisaaja käsutusse, kuni selle tegeliku tagastamise kuupäevani.
Consequently, since the 2006 measures constitute aid, they are to be regarded as an integral part of the restructuring operations launched in 2002 and should be analysed alongside these.
Intressi arvutatakse liitintressina vastavalt määruse (EÜ) nr 794/2004 V peatükile ja komisjoni määrusele (EÜ) nr 271/2008, [168] millega muudetakse määrust (EÜ) nr 794/2004.
The compatibility of all of this aid will, therefore, be analysed under the 2004 guidelines.
Artikkel 3
‘A firm in difficulty’
Artiklis 1 osutatud abi nõutakse tagasi viivitamata ja tõhusalt.
In the present case, the Commission points out that fulfilment of this condition was ascertained in its decision of 17 July 2002 on rescue aid for SNCM [158] and in its decision of 19 August 2002 initiating the formal investigation procedure in respect of the recapitalisation plan on the basis of SNCM’s annual accounts for 2001.
Artikkel 4
For the purposes of this decision, the Commission verified that SNCM satisfied the said condition by examining the company’s annual accounts for 2002.
Kahe kuu jooksul alates käesolevast otsusest teatamisest edastab Prantsusmaa komisjonile järgmise teabe:
The company’s capital (excluding regulated provisions) [159] was still negative: EUR – 26,5 million in 2002 compared with EUR – 30,7 million in 2001.
abisaajatelt tagasi nõutav kogusumma (põhisumma ja intressid);
That level reflects the disappearance of more than half of the company’s registered capital, more than a quarter of which disappeared during the 12 months following the notification, thus satisfying the condition set out in point 10(a) of the Guidelines.
käesoleva otsuse täitmiseks juba võetud meetmete ja kavandatud meetmete üksikasjalik kirjeldus;
As well as that trend in the share capital, the Commission notes, inter alia, that:
dokumendid, mis kinnitavad, et abisaajale on tehtud kohustuseks abi tagasi maksta.
between 2001 and 2002, pre-tax losses increased from EUR – 5,1 million in 2001 to EUR – 5,8 million in 2002, with net losses in 2002 reduced only through the sale of a number of vessels,
Prantsusmaa teavitab komisjoni järjekindlalt käesoleva otsuse rakendamiseks võetud riiklike meetmete elluviimisest, kuni artiklis 1 osutatud abi on täielikult tagasi makstud.
SNCM’s cash flow dropped from EUR 39,2 million at the end of 2001 to EUR 35,7 million at the end of 2002,
Belgia esitab komisjoni taotlusel viivitamata teabe käesoleva otsuse täitmiseks juba võetud ja kavandatud meetmete kohta.
financial charges (interest and similar charges) increased from EUR 7 million in 2000 to EUR 9,503 million in 2002.
Artikkel 5
Moreover, the French authorities confirmed to the Commission that the banks were now refusing to lend money to the company because of its indebtedness, even though SNCM had offered to put up its newest vessels, free from mortgages and other encumbrances, as security.
Käesolev otsus on adresseeritud Prantsuse Vabariigile.
The public service delegation agreement did nothing to change that analysis.
Brüssel, 20. november 2013
While the agreement, in conjunction with the success of the restructuring plan, undoubtedly enabled SNCM to achieve positive operating results, the fact remains that its acute lack of capital, its growing indebtedness and the cost of operational measures under the restructuring plan can be expected — within a certain time-frame — to cause the company to fold.
Komisjoni nimel
Since the restructuring period spanned the years 2002-2006, it must be verified whether SNCM fulfilled the said condition during that period and in particular at the time when the decision was taken to inject fresh public funds.
Joaquín Almunia
The 2003 decision observed that SNCM fulfilled this criterion during the 2001 and 2002 financial years [160].
Alates 1. detsembrist 2009 muutusid EÜ asutamislepingu artiklid 87 ja 88 vastavalt Euroopa Liidu toimimise lepingu artikliteks 107 ja 108.
It must now be verified whether SNCM continued to meet the condition in the 2003-05 financial years, i.e. the last complete accounting years prior to the implementation of the new measures in 2006 relating to the privatisation of SNCM.
Mõlemal juhul on artiklid sisuliselt identsed.
As already indicated in recitals 73 et seq., SNCM’s situation deteriorated significantly in 2004 and 2005.
Käesoleva otsuse puhul võib viitamist Euroopa Liidu toimimise lepingu artiklitele 107 ja 108 käsitleda samasena viitamisele vastavalt Euroopa Ühenduse asutamislepingu artiklitele 87 ja 88.
The company’s profits before tax stood at EUR – 32,6 million in 2004 and EUR – 25,8 million in 2005.
Euroopa Liidu toimimise lepinguga tehti terminoloogiasse teatavaid muudatusi: „ühendus” asendati „liiduga”, „ühisturg” „siseturuga” ja „Esimese Astme Kohus” „Üldkohtuga”.
Net profit was EUR – 29,7 million in 2004 and EUR – 28,8 million in 2005.
Käesolevas otsuses kasutatakse ELi toimimise lepingu mõisteid.
Shareholders’ equity in 2005 (EUR – 1,7 million) dropped by 25,5 million compared with 2004.
ELT C 303, 13.12.2006, lk 53.
This drop saw more than half of the firm’s share capital wiped out, with more than a quarter of that capital lost over the preceding 12 months, thereby meeting the criteria set out in point 10(a) of the 2004 guidelines.
Registreeritud viitenumbri TREN A/61846 all.
In the light of the foregoing, the Commission considers that SNCM can be considered a firm in difficulty within the meaning of the 2004 guidelines.
CGMF on 100 % Prantsuse riigi omanduses olev valdusettevõte, kelle vahendusel teostab Prantsuse riik Vahemerel kõik mereveo, laevade seadistamise ja prahtimisega seotud toimingud.
Own contribution
ELT C 148, 25.6.2003, lk 7.
Pursuant to point 43 of the guidelines, ‘The amount and intensity of the aid must be limited to the strict minimum of the restructuring costs necessary to enable restructuring to be undertaken in the light of the existing financial resources of the company, its shareholders or the business group to which it belongs.
Nõukogu määrus (EÜ) nr 659/1999, 22. märts 1999, millega kehtestatakse üksikasjalikud eeskirjad Euroopa Liidu toimimise lepingu artikli 108 kohaldamiseks (EÜT L 83, 27.3.1999, lk 1).
Such assessment will take account of any rescue aid granted beforehand.
Kuna Prantsuse ametiasutused olid 11. septembril 2002 palunud parandada 19. augusti 2002. aasta otsuses teatavad faktivead, võttis komisjon 27. novembril 2002 vastu otsuse, millega muudetakse 19. augusti 2002. aasta otsust (avaldatud: EÜT C 308, 11.12.2002, lk 29).
Aid beneficiaries will be expected to make a significant contribution to the restructuring plan from their own resources, including the sale of assets that are not essential to the firm’s survival, or from external financing at market conditions.
Huvitatud isikutel paluti esitada oma märkused kõnealuse abikava kohta alates nimetatud kuupäevast.
Such contribution is a sign that the markets believe in the feasibility of the return to viability.
11. septembril 2002 palusid Prantsuse ametiasutused 19. augusti 2002. aasta otsuse kohta märkuste esitamiseks lisaaega, millega komisjoni talitused nõustusid 17. septembril 2002.
Such contribution must be real, i.e., actual, excluding all future expected profits such as cash flow, and must be as high as possible.’
Registreeritud viitenumbri SG(2002) A/10050 all.
Point 44 of the guidelines stipulates that ‘The Commission will normally consider the following contributions to the restructuring to be appropriate: at least 25 % in the case of small enterprises, at least 40 %, for medium-sized enterprises and at least 50 % for large firms.
Registreeritud 15. jaanuaril 2003 viitenumbri DG TREN A/10962 all.
In exceptional circumstances and in cases of particular hardship, which must be demonstrated by the Member State, the Commission may accept a lower contribution.’
Registreeritud viitenumbri SG(2003) A/1691 all.
Point 7 of the guidelines also specifies that ‘it is appropriate to reaffirm with greater clarity the principle that [the substantial contribution from the beneficiary to the restructuring] must be real and free of aid.
Registreeritud viitenumbri TREN A/21531 all.
The beneficiary’s contribution has a twofold purpose: on the one hand, it will demonstrate that the markets (owners, creditors) believe in the feasibility of the return to viability within a reasonable time period.
Registreeritud viitenumbri SG(2003) A/1546 all.
On the other hand, it will ensure that restructuring aid is limited to the minimum required to restore viability while limiting distortion of competition …’
EÜT C 288, 9.10.1999, lk 2.
The case-law also emphasises that the own contribution must indicate that the markets believe in the feasibility of a return to viability [161].
Registreeritud viitenumbri TREN A/21701 all.