natgillin/translations-raw huggingface dataset:
However, Germany does not claim that the measure was aid-free compensation as meeting all requirements set out in the Altmark jurisprudence.
19. juuli 2013. aasta kiri, milles teavitatakse pakkujaid esialgse pakkumuse tegemise menetlusest;
Finally, Germany has not provided evidence demonstrating that the concession fee was set at market level on the basis of any expert opinion or market report, or that it tendered out the concession.
12. septembri 2013. aasta kiri, milles teavitatakse pakkujaid esialgse pakkumuse tegemise tähtaja pikendamisest;
Therefore, in the absence of the elements that would demonstrate that the measure is market-conform, the Commission considers that the concession contract grants an advantage to NAG.
19. septembri 2013. aasta e-kiri, milles antakse ühele pakkujale ([viies pakkuja]) uut teavet Nürburgringi finantssuutlikkuse kohta;
For this measure, the aid amount would in principle equal to the difference between the concession fee and the market value of the concession.
17. oktoobri 2013. aasta kiri, milles teavitatakse ühte pakkujat ([kolmas pakkuja]) lõpliku pakkumuse tegemise menetlusest;
However, the Commission notes that, since no payments were made under the contract, as stated by Germany, the State aid involved was not materialised, therefore no aid amount can be established.
28. oktoobri 2013. aasta e-kiri, milles teavitatakse ühte pakkujat ([teine pakkuja]) sidusrühmadega kohtumiste esialgsetest tähtaegadest;
In contrast to the opinion of Germany, the Commission considers that the rescheduling of interest payments (measure 18) is not conform with the market economy investor principle and therefore constitutes an economic advantage, particularly in view of NG's, MSR's and CMHN's financial situation.
3. detsembri 2013. aasta kiri, milles antakse ühele pakkujale ([kuues pakkuja]) teavet selle kohta, et tema esialgset pakkumust enam ei arvestata, sest tema finantspartnerid on loobunud ja ühtegi uut ei ole nimetatud, mistõttu ei peeta pakkumuse rahastust tagatuks ja lepingu sõlmimise tõenäosust hinnatakse ebapiisavaks;
Indeed, NG, MSR and CMHN were in a very bad financial position at the moment of the measure, as outlined above.
11. detsembri 2013. aasta kiri, milles antakse põhjalikke ja arusaadavaid selgitusi probleemidele ja väidetele, mille oli 9. detsembri 2013. aasta kirjas (kaks päeva varem) esitanud üks pakkuja ([kolmas pakkuja]);
The rescheduling of interest payments relating to a loan to a company in such difficulties, that no private investor would have granted at any rate, involves an advantage to the company, which is equal to the amount of the outstanding amount of the rescheduled loan.
18. detsembri 2013. aasta kiri, milles antakse põhjalikke ja arusaadavaid selgitusi probleemidele ja väidetele, mille oli 11. detsembri 2013. aasta kirjas (seitse päeva varem) esitanud üks pakkuja ([kolmas pakkuja]);
Therefore, the rescheduling agreed by ISB on 15 May 2012, amounting to EUR 1,473 million for NG, EUR 1,205 million for MSR and EUR 303000 for CMHN, involves aid to these companies which is equal to the amount of the rescheduled outstanding loans.
18. veebruari 2014. aasta e-kiri, milles palutakse ühelt pakkujalt ([kolmas pakkuja]) teatavaid täpsustusi ja kinnitusi oma 17. veebruari 2014. aasta e-kirjas (üks päev varem) tehtud lõpliku pakkumuse kohta ning nõutakse, et ta tõendaks muu hulgas oma siduvat kinnitust rahaliste kohustuste võtmise kohta näiteks siduva kinnituskirja vormis ning täpsustaks, millal ta võtab arvesse tasumata rahalised kohustused ja millal ta määrab lõplikult kindlaks pakkumuse kaubandustingimused;
As regards the State guarantee and the debt subordination (measure 19):
9. aprilli 2014. aasta e-kiri, milles teavitatakse ühte pakkujat ([kolmas pakkuja]) vastusena tema 2. aprillil 2014. aastal (seitse päeva varem) saadetud e-kirjale, et KPMG ei ole veel saanud täpsemaid andmeid selle pakkuja kavandatava rahastamisskeemi kohta ega kolmanda isiku kirjalikku kinnitust tema pakkumuse tagamise kohta.
for the State guarantee of 2012 covering claims of up to EUR 254 million (for a loan of EUR 325265000), the Commission notes that it was granted, by declaration of the Land, in order to avoid insolvency of NG, MSR and CMHN, while the latter were in severe difficulty.
Kolmandaks nähtub Saksamaa edastatud tõenditest, et üheski pakkumismenetluse etapis pakkujaid ei diskrimineeritud.
On this basis, the Commission considers that the measure did not fulfil the conditions of the Guarantee Notice, therefore provided an advantage to the beneficiaries, and thus constituted State aid;
Nagu on selgitatud põhjenduses 235, said kõik pakkujad teavet ja täpsustusi pakkumismenetluses aluseks võetavate valikukriteeriumide, reeglite ja menetluste, esialgsete ja lõplike pakkumuste esitamistähtaegade, nende tähtaegade pikendamise, Nürburgringi rahalise olukorra, pakkujate esialgsetest või lõplikest pakkumustest puuduvate andmete ning pakkujate võimalike küsimuste kohta.
the 2012 subordination of the Land's claims, stemming from the above guarantee, resulted in the ranking of the Land's claims in the last position of all creditors' claims against NG, MSR and CMHN.
Samal ajal ei eemaldatud menetlustest pakkujaid, kes vastasid pakkumismenetluse valikukriteeriumidele (eeskätt finantspartnerite kinnituse esitamine pakkumuse rahastamise kohta).
In this context, the Commission notes that a market economy creditor would not accept such a subordination of materialised claims against firms in severe difficulty, since such measure would amount to the actual loss of the claims.
Komisjon märgib lisaks, et ühegi pakkujaga ei viidud läbi ainumenetlust ning et ka pakkujad, kelle lõplikud pakkumused ei sisaldanud nimetatud rahastamiskinnitust, osalesid sobiva aja jooksul menetluses, sest nad võisid kõnealuse kinnituse veel esitada.
The Commission also considers that the guarantee and subordination of 2012 constitute a measure additional to the guarantee of 2010.
Saksamaa selgitas, et selle klausli põhjuseks oli pakkujate soovimatus riskida vastutuse võtmisega riigiabi sissenõudmise korral, et võõrandajad nõustusid selle klausliga, et saada varasid müüa, ning et võõrandajad, nagu on selgitatud ka müügilepingu esimeses projektis, juhtisid pakkumismenetluse algusest peale pakkujate tähelepanu sellele, et nad on valmis kõnelema pakkujatega riigiabimenetluse tagajärgedest [178].
Indeed, the adoption of the 2012 guarantee and subordination was not foreseen or imposed by the 2010 guarantee, but discretionally decided by the authorities, in order to avoid the insolvency of NG, MSR and CMHN in 2012.
Saksamaa selgitas lisaks, et komisjoni otsus Nürburgringi riigiabijuhtumi kohta tingis Capricorni, [teise pakkuja] ja [kolmanda pakkuja] müügilepingus sisalduva juurdehindluse.
As regards the amount of the measure, it is equal to the amount of the debt linked to it, i.e. EUR 254 million which was covered by the 2012 guarantee and subordination.
Neljandaks ei seatud pakkujatele peale õigusraamistikust tulenevate kitsenduste mingeid piiranguid, nagu on võimalik selgelt lugeda osalemiskutsest ja KPMG kirjadest pakkujatele.
The Commission considers that the above measures relate to the operation of a complex which does not classify as general infrastructure, and that the measures were not triggered by expectations that the state contribution would yield a market-conform return.
Sellest järeldub, et valiku tegemisel tagati piisavalt, et ostjale võõrandatud varad oleksid turuväärtusega.
The Commission thus considers that there is State aid for the construction and operation of the above facilities, which benefits their operator, i.e. NG in particular.
Seega jõuab komisjon järeldusele, et varad võõrandati turuhinnaga, kuna need võõrandati avalikus, läbipaistvas, mittediskrimineerivas ja tingimusteta pakkumismenetluses pakkujale, kes esitas tagatud rahaliste vahenditega kõrgeima hinnaga pakkumuse.
The Commission also considers that the State aid element is the difference between the appropriate market price of the loan or guarantee and the actual price paid for that measure, whereas the aid beneficiaries were in so severe difficulties that they would not find any financing in the market and hence the advantage from the aid is equal to the full amount of the measures in question.
Ostjate andmed
Conclusion on existence of State aid
Komisjon peab kindlaks määrama, et varade uue omaniku ning NG, MSRi ja CMHNi vahel ei ole mingeid sidemeid, et välistada uue omaniku kohustus maksta siseturuga kokkusobimatu riigiabi tagasi.
In light of the above, the Commission considers that part of measure 2 (loans granted by NG to FSZ), as well as measures 8, 11 and 15 do not constitute State aid, whereas measure 1, part of measure 2 (loans granted by NG to EWN, MAN, TTI, Camp4Fun, BWN1, BWNB and BWN2), as well as measures 3 to 7, 9 to 10, 12 to 14, and 16 to 19 constitute State aid within the meaning of Article 107(1) TFEU.
Capricorni ja NG, MSRi, CMHNi või nende osanike või Nürburgringi seniste rentnike vahel ei olnud äriühinguõiguslikke ega isiklikke otseseid ega kaudseid suhteid.
UNLAWFUL AID
Järelikult puudusid sidemed ühelt poolt Nürburgringi kontserni ja tema osanike ning teiselt poolt uue omaniku ja tema osanike vahel.
Measure 1, part of measure 2 (loans granted by NG to EWN, MAN, TTI, Camp4Fun, BWN1, BWNB and BWN2), as well as measures 3 to 7, 9 to 10, 12 to 14, and 16 to 19 constituting aid have been granted in breach of the notification and stand-still obligations established in Article 108(3) TFEU.
Seetõttu jõuab komisjon järeldusele, et ostja on NGst, MSRist ja CMHNist sõltumatu ettevõtja.
Thus, the Commission considers that these measures qualify as unlawful State aid.
Võõrandamisaeg
COMPATIBILITY OF THE AID
Komisjon peab kontrollima, kas pakkumismenetluse aeg võib põhjustada kõrvalehoidumise siseturuga kokkusobimatu abi sissenõudmist käsitlevast komisjoni otsusest.
Inasmuch as certain measures constitute State aid within the meaning of Article 107(1) TFEU, their compatibility must be assessed in light of the exceptions laid down in paragraphs 2 and 3 of that Article.
Kuna ostja nõuab, et ülekandmine toimub ainult siis, kui komisjoni lõplikku otsust ei saa enam kohtus vaidlustada, jõustub müügileping alles pärast käesoleva abi sissenõudmist käsitleva otsuse vastu võtmist ja ka pankrotimenetlus lõpetatakse alles seejärel.
According to the case-law of the Court of Justice, it is up to the Member State to invoke possible grounds of compatibility and to demonstrate that the conditions for such compatibility are met [163].
Ostuhinna esimene osamakse tasuti enne käesoleva otsuse vastuvõtmist.
Given that the measures constitute State aid, and since NG, MSR and CMHN have been firms in difficulty since 2002, 2007 and 2008, respectively, the Commission observes that the measures in question should be assessed with regards to their compatibility only under Article 107(3)(c) TFEU and in particular under the R&R Guidelines.
Müügilepingu kohaselt kantakse varad üle käesoleva otsuse lõpliku jõustumise päeval.
Consequently, the Commission considers that aid to firms in difficulty may contribute to the development of economic activities without adversely affecting trade to an extent contrary to the Community interest only if the conditions set out in these Guidelines are met.’
Tehingu majanduslik loogika
Contrary to what Germany claims, the exception laid down in Article 106(2) TFEU is not applicable in the case at hand, because the supported operations cannot be considered as services of general economic interest, since they manifestly constitute operations of commercial nature offered in sectors which are subject to competition.
Majandusliku loogika kriteeriumi eesmärk on hinnata, kas varade ostja kasutab varasid samal viisil kui varasem omanik või muuks tegevuseks või strateegiaks.
The exception laid down in Article 107(3)(b) TFEU is not applicable either, since the project and the companies supported through the measures under scrutiny cannot be considered as an important project of common European interest, and Germany was not facing a serious disturbance in its economy.
Komisjoni arvates on uuel omanikul võimalus viia oma tegevust ellu muudel tingimustel kui NG, MSR ja CMHN ning rakendada omaenda ärimudelit.
Finally, the exception laid down in Article 107(3)(d) TFEU is not applicable either, because the aided activities are obviously not related to culture or heritage conservation
Ostja ei võta võõrandajate ärimudelit üle.
In the case at hand, the relevant conditions of the R&R Guidelines (Sections 3.1 and 3.2) for rescue and/or restructuring aid are not fulfilled.
Mõlemat olemasolevat ringrada (Grand-Prix' rada ja Nordschleife) kasutatakse tulevikus […], mis võimaldavad […].
Indeed, the measures were not terminated after 6 months and Germany did not notify a restructuring plan within the meaning of the R&R Guidelines.
Sel eesmärgil kavandab Capricorn lisarajatiste ehitamist ja […] sisustamist.
Finally, there is no evidence that the aid was limited to the minimum necessary, notably through a significant own contribution of the aid beneficiary.
Osa projekti „Nürburgring 2009” II osa raames ehitatud rajatisi suletakse (nt […]).
The authorities did not provide a liquidation plan either.
Ringoracer võõrandatakse ja ringocard kui maksesüsteem tühistatakse.
The Commission has not identified any other possible compatibility grounds for the measures [164].
Ringoboulevard'is […].
Indeed, in the case at hand, the beneficiaries were in difficulty at the time of the granting of the measures, and therefore they are excluded from the application of any compatibility basis other than the R&R Guidelines.
Lisaks muudetakse Nürburgring ostja plaanide kohaselt turismiatraktsioonist tehnoloogia- ja tööstuspiirkonnaks.
In light of the above, the Commission considers measure 1, part of measure 2 (loans granted by NG to EWN, MAN, TTI, Camp4Fun, BWN1, BWNB and BWN2), as well as measures 3 to 7, 9 to 10, 12 to 14, and 16 to 19 as incompatible with the TFEU.
Ringradade kasutamine […] ja […] otstarbel peaks moodustama Nürburgringis toimuva tegevuse keskme.
RECOVERY
Lisaks tuleks edendada […].
According to the TFEU and the Court's established case-law, the Commission is competent to decide that the Member State concerned must abolish or alter aid when it has found that it is incompatible with the internal market [165].
Peale selle kavatseb ostja Nürburgringis […], mille jaoks ta […].
The Court has also consistently held that the obligation on a Member State to abolish aid regarded by the Commission as being incompatible with the internal market is designed to re-establish the previously existing situation [166].
Ostja ei kasuta seega varasid samal viisil kui maksujõuetud ettevõtjad.
In this context, the Court has established that this objective is attained once the recipient has repaid the amounts granted by way of unlawful aid, thus forfeiting the advantage which it had enjoyed over its competitors on the market, and the situation prior to the payment of the aid is restored [167].
Vastupidi – Capricorn lõimib ostetud varad oma ärikontseptsiooniga ja loob sünergia, mis õigustab tema huvi varade ostmise vastu.
In line with the case-law, Article 14(1) of Council Regulation (EC) No 659/1999 [168] laid down that ‘where negative decisions are taken in cases of unlawful aid, the Commission shall decide that the Member State concerned shall take all necessary measures to recover the aid from the beneficiary […].’
Praeguse ärimudeliga võrreldes on Capricorn varade kasutamiseks välja töötanud uue kontseptsiooni.
Thus, given that the measures at hand were not notified to the Commission in violation of Article 108 TFEU and are, therefore, to be considered as unlawful and incompatible aids, they must be recovered in order to re-establish the situation that existed on the market prior to their granting.
Lisaks tekitas osa varade käitamine struktuurset puudujääki, mis võib nõuda uusi ümberkorraldus- ja optimeerimismeetmeid.
Recovery should cover the time from when the advantage accrued to the beneficiary, that is to say when the aids were put at the disposal of the beneficiary, until effective recovery, and the sums to be recovered should bear interest until effective recovery.
Eespool nimetatud asjaolude põhjal ei seisne Capricorni pakkumuse majanduslik loogika Nürburgringi kontserni majandusliku tegevuse jätkamises, vaid Nürburgringi kontserni teatud varade ja tööjõu ühe osa lõimimises kontserni, kes järgib omaenda majanduslikku loogikat.
The Commission notes that certain aid beneficiaries (NG, MSR, CMHN, CST [169], IPC) are in insolvency proceedings [170].
Seega jõuab komisjon järeldusele, et käitamise majanduslik loogika seisneb selles, et uus omanik saaks kasutada NG, MSRi ja CMHNi varasid teistsugustel tingimustel, mitte jätkata nende ettevõtjate strateegiat.
In line with a well-established case-law, the fact that a beneficiary is insolvent or subject to bankruptcy proceedings has no effect on its obligation to repay unlawful and incompatible aid [171].
Lõppjäreldused varade võõrandamisest tekkiva NG, MSRi ja CMHNi majandusliku järjepidevuse kohta
At the same time, in the majority of cases involving an insolvent aid beneficiary, it is not possible to recover the full amount of unlawful and incompatible aid (including interests), as the beneficiary's assets are insufficient to satisfy all creditors' claims.
Varad müüdi kindlaksmääratud turuväärtusega avaliku, läbipaistva, mittediskrimineeriva ja tingimusteta pakkumismenetluse kaudu pakkujale, kes esitas tagatud rahaliste vahenditega kõrgeima hinnaga pakkumuse.
Consequently, it is often not possible to fully re-establish the ex ante situation in the traditional manner.
Saksamaa on komisjonile teatanud, et ostjal ei ole NG, MSRi ega CMHNiga majanduslikke ega ärilisi suhteid.
Since the ultimate objective of recovery is to end the distortion of competition, the European Court of Justice has stated that the liquidation of the beneficiary can be regarded as an acceptable option to recovery in such cases [172].
Võõrandamisotsus tehti enne komisjoni võimalikku negatiivset otsust ametliku uurimismenetluse kohta.
The Commission is therefore of the view that a decision ordering the Member State to recover unlawful and incompatible aid from an insolvent beneficiary may be considered to be properly executed either when full recovery is completed or, in case of partial recovery, when there is an appropriate registration of the liability relating to the payment of the aid in the schedule of liabilities and the company is liquidated and its assets are sold under market conditions, which implies a definitive cessation of its activities.
Uus omanik kasutab varasid teistsugustel tingimustel ning NG, MSRi ja CMHNi ärimudelist erinevalt.
More in general it should be ensured that no operator will benefit from the illegal and incompatible aid after the disappearance of the beneficiary.
Tulevane tegevus erineb suurel määral Nürburgringi kontserni tegevusest.
Recovery shall also concern beneficiaries not in the insolvency procedure (NAG, and BikeWorld GmbH for BWN1, BWNB and BWN2, since BWN1 merged with BWNB, subsequently the name of the acquiring company BWNB was changed into BWN2, and the latter company was subsequently renamed to BikeWorld GmbH.
Eelnevat arvesse võttes teeb komisjon järelduse, et NG, MSRi ja CMHNi ning varade ostja – Capricorni – või tema äriühingu vahel ei olnud majanduslikku järjepidevust, nii et viimasel ei ole kohustusi seoses riigiabiga, mis tuleb abisaajatelt sisse nõuda.
The Commission notes that certain aid beneficiaries no longer exist at the moment of this decision (EWN, MAN, TTI, Camp4Fun, MIB).
Lepingu täitmise sõltumine komisjoni otsusest
EWN, MAN, and Camp4Fun were dissolved on 6 September 2011, 29 August 2013 on 1 March 2010, respectively.
Võõrandajate ja Capricorni vahel sõlmitud müügilepingus oli klausel, mille kohaselt jõustub Nürburgringi varade võõrandamine kohe, kui komisjoni lõpliku otsusega määratakse kindlaks, et varade ostjalt abi sisse ei nõuta.
Indeed, since NG is the remaining shareholder of these aid beneficiaries, it is responsible for their debts, including the debts resulting from State aid.
NewCo saab OpCo-lt igal aastal kokku [4,6–5,1] miljonit eurot renditasu, mis kantakse Nürburgringi ettevõtjate pankrotivarasse (kõik pankrotivarasse tehtavad maksed kantakse eranditult võlausaldajatele väljamaksmise eesmärgil pankrotihaldurite usalduskontodele).
Since NG is in liquidation, then it should be ensured that there is an appropriate registration of the liability relating to the payment of the aid in the schedule of NG's liabilities, and that there is a definitive cessation of NG's activities.
Niipea kui komisjoni otsus muutub lõplikuks, annab usaldusisik kogu oma osaluse NewCo-s üle ostjale.
It should also be ensured that no operator will benefit from the incompatible aid after the disappearance of NG.
Komisjon märgib, et selle toimimisviisi puhul
Thus, the Commission concludes that NG as the economic successor of the beneficiaries has to be subject to the recovery of the State aid granted to them.
toimub abisaajate varade tegelik müük nelja kuu jooksul pärast käesoleva otsuse vastuvõtmist;
Since NG is the aid grantor as well as the economic successor of the aid beneficiaries, recovery must be implemented in such circumstances by the State.
isegi kui tehing sõlmitakse hiljem, kontrollib ostja vahepeal juba äriühingut, mille varadest enamik kuulub talle ja ülejäänud osa kuulub usaldusisikule, kes on laenuvõtjatest sõltumatu ega allu nende võlausaldajate korraldustele;
MIB was not liquidated, but merged with NAG on 6 September 2013, and therefore also no longer exists as a legal entity.
abisaajad lahkuvad lõplikult turult ega tegele mingi äritegevusega ega juhi mingeid rahavooge.
In consequence, NAG is the economic successor of MIB, on the basis of § 2 paragraph 1 of the German Transformation Act (‘Umwandlungsgesetz’), as indicated in the German trade register.
Nad likvideeritakse niipea, kui nende võlanõuded ja kohustused on arveldatud ja vajalikud formaalsused lõpetatud (vt põhjendus 55).
Therefore, NAG as the economic successor of MIB must pay back the aid.
Lisaks märgib komisjon, et teiste pakkumismenetluse lõppetappi jõudnud või peaaegu jõudnud pakkujate pakkumused sisaldasid sarnaseid tingimusi [179].
TTI was liquidated under German Limited Liability Companies Act on 4 December 2007.
Seega jõuab komisjon järeldusele, et käesoleval juhul ei ole tegemist abi sissenõudmise vältimise või selle ohuga ning et kõnealuse toimimisviisi eesmärk on vaid nõuetekohane likvideerimine.
TTI was a limited liability company (‘Gesellschaft mit beschränkter Haftung’).
Esimese ja teise kaebaja kaebused
By a resolution of the shareholders about liquidation, the company was dissolved.
Võttes aluseks pankrotihalduri ning esimese, teise, kolmanda ja neljanda kaebaja andmed, ei pea komisjon esimese ja teise kaebaja esitatud kaebuseid põhjendatuks.
The only remaining purpose of TTI was the implementation of liquidation.
Nürburgringi varad jaotati 11 võõrandamisüksuseks.
The remaining cash assets were then distributed to the shareholders.
Ka tõsiasi, et lõpuks müüdi kogu vara Capricornile kui tagatud rahastamisvahenditega kõige kõrgema hinnaga pakkumuse tegijale, ei tõesta iseenesest majanduslikku järjepidevust (vt ka punkt 6.2.7).
At that moment in time, the company was dissolved.
Komisjon leiab sellega seoses, et esimese ja teise kaebaja eesmärk oli pigem takistada ringradade võõrandamist ühele erainvestorile.
Pursuant to Germany, there was no legal succession in the sense of economic continuity, because at most, cash went to the shareholders, there was no economic activity anymore, and a transfer of the business or a take-over of liability by the shareholders was not carried out.
Selliseid pakkujaid nagu teine kaebaja, kes esitasid pakkumuse ainult üksikute võõrandamisüksuste kohta, ei teavitatud siduvate pakkumuste esitamise tähtaja pikendamisest enne 17. veebruari 2014, sest nende esialgseid pakkumusi ei võetud nende madal hinna tõttu valikumenetluse teises etapis arvesse.