natgillin/translations-raw huggingface dataset:
In addition, should an annulment of the Commission decision take place, the assets will return to the insolvency administrators in order to be sold immediately, since the liquidation obligation of German insolvency law continues to exist even in such case.
meetme kohta (liidumaa garantii ISBle seoses 8. meetmega) märgib Saksamaa, et kõnealune garantii- ja vabastuskiri puudutab riski jagamist liidumaa ja ISB vahelistes suhetes ega kujuta endast eelist laenuvõtjatele (NGle, MSRile ja CMHNile), sest laenu saamise tingimused sellega ei paranenud [97].
There is no option of continuing the business of the Nürburgring companies by NewCo.
Seoses 10. meetmega (25. märtsil 2010 sõlmitud ettevõtte rendileping) esitas Saksamaa 29. septembril 2011. aastal koostatud eksperdiarvamuse, mille liidumaa tellis Nürburgringi renditasu kohta ja kus määrati kindlaks turul tavapärane minimaalne ja maksimaalne aastane renditasu.
The Commission notes that this arrangement does not change the basic conditions of the sale, including the sales price and payment terms, which remain the same [79].
Saksamaa märgib, et eksperdiarvamuse kohaselt oli oodatav renditulu 20 % suurem kui maksimaalne turuhind ning see kattis rendileandja ehituskulud 330 miljoni euro ulatuses ja võimaldas saada ka mõistlikku tulu [98].
COMMENTS FROM GERMANY
Mis puudutab 11. meetme alla kuuluvat laenu (RIMi laen MSRle Mediinvesti ja PNG kaudu), millest rahastati projekti „Nürburgring 2009” II osa, leiab Saksamaa, et see oli kooskõlas turumajanduslikult tegutseva investori põhimõttega ega kujutanud endast eelist, sest intressimäärad olid kõrgemad kui kehtiv baasintressimäär (välja arvatud 12. novembril ja 22. detsembril 2008 antud laenu korral).
FIRM IN DIFFICULTY
Seoses 12. meetmega (RIMi laen MSRile Mediinvesti vahendusel 11. meetme kohaselt) selgitab Saksamaa, et liidumaa garantii loob eelise ainult laenusaajale, mitte ISBle või RIMile, sest see garantii oli laenu saamise eeltingimus.
In their comments to the formal investigation procedure, Germany argued that NG was not a firm in difficulty as of 1 July 2008 [80] or at the moment of granting the ISB loan of EUR 325265000 on 28 July 2010 [81].
ja 14. meetme (maksed hasartmängumaksu tulust turismi edendamise eesmärgil [99] ja liidumaa osanikulaen) puhul ei väida Saksamaa, et need olid kooskõlas turumajanduslikult tegutseva investori põhimõttega.
As regards the situation of NG, MSR and CMHN in the period from May 2012 to July 2012 and the extension of the formal investigation procedure, Germany claims that the Commission had not taken into account the insolvency of NG, MSR and CMHN as a non-reversible consequence of its decision not to approve the rescue aid in the preliminary proceedings [82] and it has thus breached the principle of proportionality [83].
Hasartmängumaksuga seonduvat käsitleb Saksamaa meetmena, mille raames hüvitati taristuga seotud kulud turismi edendamise eesmärgil.
For the measures carried out by NG, Germany acknowledges that the resources are imputable to the state [86].
osad müüdi sümboolse hinnaga 1 euro osa kohta;
ECONOMIC ACTIVITY
see ei hõlmanud muid eeliseid, nagu osanikulaen või osanike garantiide tühistamine;
Pursuant to Germany, the construction of the tribune, the multifunctional halls, the access structures and the attractions offering education and entertainment (Part I [87] of the Nürburgring 2009 project) is no economic activity as the Leipzig/Halle judgment [88] cannot be applied to the construction of the general (regional and sport) infrastructure [89], the construction concerns facilities for which the criteria of the 2007 White Book on sport of the Commission (multifunctional use, non-discriminatory access, etc.) are met, no private investor would carry out such project and racetracks are regularly not privately constructed for insufficient profitability [90].
meetme kohta (vormel 1 võidusõidu tagajärjel NGle tekkinud kahjude hüvitamine liidumaa poolt) märgib Saksamaa, et tegemist ei ole majandustegevusega ja et vormel 1 võidusõitude rahastamine on enamjaolt kahjumlik.
As regards the Formula 1 events, in the view of Germany, they are in principle structurally deficit making, these events cannot be considered as normal business of NG as they led even with the public support to a negative result for NG, this company would not organise these events without the expectation of public financing and the public authorities decided to finance the Formula 1 events through NG at arm's length for regional-policy grounds [91].
Seoses 17. meetmega (vormel 1 kontsessioonileping) selgitab Saksamaa, et see oli seotud ettevõtte rendilepingu tingimustega.
Therefore, Germany claims that the organisation of these events cannot be considered as an economic activity of NG.
Saksamaa märgib, et kui rent on turul tavapärasest hinnast märgatavalt kõrgem (st […] %), loetakse mõlemad lepingud tervikuna tasakaalus olevaks (sinna hulka kuulub ka tulu, mida NAG sai kontsessioonilepingu alusel) [101].
If it was aid, Germany claims that the SGEI criteria are met.
7. augusti 2012. aasta otsuses käsitletavad meetmed [102]
SELECTIVITY
Seoses 18. meetmega (võla restruktureerimine) märgib Saksamaa, et vahetut pankrotti oli vaja ja et samamoodi oleks tegutsenud ka erainvestor.
Germany argues that even if the financing of the measures was an economic activity, it is not selective because the criteria of the 2007 White Book on sport are met (no single user; non-discriminatory access; multifunctional use and lease under reasonable market-based prices; the infrastructure is not provided by the market because it would not be economical; responsibility of public authorities).
meetme (laenu allutamine ja vabastuskiri) suhtes asub Saksamaa seisukohale, et sellega ei avaldatud isegi mitte võimalikku mõju liidumaa eelarvele ja et erainvestor oleks tegutsenud samamoodi.
ADVANTAGE
Peale selle ei mõjutanud laenu allutamine osanikke, sest puudusid teiste võlausaldajate olulised nõuded.
Germany admits that it had not found a long-term private investor who would invest in the Nürburgring 2009 project.
KONKURENTSI JA KAUBANDUSE KAHJUSTAMINE
For measure 1 (payments in capital reserve and capital increases in August 2004, December 2004 and September 2007), Germany argues that the question of an advantage does not matter, because the target of the measure was not an economic activity.
Saksamaa märgib, et majutus- ja toitlustusasutusi toetavad meetmed ei avalda liikmesriikidevahelisele kaubandusele kahjulikku mõju [103].
As regards measure 2, Germany argues that the level of the interest of NG's loans granted to its subsidiaries (6 %) does not constitute an advantage to the subsidiaries as it is comparable to the interest of loans on the market.
KOKKUSOBIVUS SISETURUGA
Regarding measure 3, pursuant to Germany, the measures financed by the liquidity pool in the amount of EUR 170 million [92] were carried out on market-based terms, since: (a) the pool is used by the Land similarly to a market-based holding [93]; (b) NG paid the interests ordinarily;
Ringraja rajatised
and (c) the funds were fully paid back in connection with measure 8.
Saksamaa sedastab, et Nürburgring on Eifeli piirkonna majanduse ja tööhõive jaoks otsustava tähtsusega, et tegemist on olulise harrastus- ja rahvaspordi taristuga, et see on osa motospordi ajaloost ja -kultuurist ning seega ka liidu kultuuripärandist, et Nürburgring on liiklusohutuse seisukohast üleilmselt tähtis, sest seal katsetatud autosid eksporditakse kogu maailma, et selle sõiduohutuskeskus pakub sõiduohutuse koolitusi ja et uuritavad meetmed ei puuduta mitte niivõrd ringrada kui sellist, kuivõrd spordi- ja muud taristut, millel ei ole otsest seost ringraja ja vormel 1 võidusõitude korraldamisega.
Germany also indicated that the loans granted by the liquidity pool of the Land to ISB served exclusively to the refinancing of ISB for its own loans to NG (see also recital 70) and that the market conditions of the Land from the transactions of the liquidity pool were not passed on to NG as debtor.
Abi kokkusobivus siseturuga ELi toimimise lepingu artikli 107 lõike 3 punkti c tähenduses
For measure 4 (loan granted by NG to MSR), Germany states that the interest rate of 7 % seems to be market conform.
Ühist huvi pakkuv eesmärk
Concerning measure 5 (support provided by NG to CST), Germany puts forward that it is market conform:
Saksamaa märgib, et sporditaristu ehitamist võib käsitleda ühise huvina ELi toimimise lepingu artikli 165 [104] tähenduses ja et meetmed, mis teevad spordi kättesaadavaks, on rahastamiskõlblikud [105].
after the initial financing of the project by NG and MIB under parity conditions, the MIB was later unable to provide the necessary shareholder loans in the same amount as NG.
Nürburgringi ei kasutata vaid mõne professionaalse spordivõistluse jaoks, vaid ka harrastajate võistluste korraldamiseks ja noorte motosportlaste treeninguteks.
Since a withdrawal of NG from the project would compromise the timely provision of the ticket system, as well as make worthless in all probability the previous investment of NG, it was preferable for the NG to stick to the planned project under changed conditions, especially as the business plan allowed for expectations for a reasonable return and NG received collaterals from NG.
Nürburgringil peetakse ka muid spordivõistlusi, näiteks jalgrattavõistlust „Rad&Run”, pikamaajooksuvõistlust „Fisherman's Friend StrongmanRun” ja triatloni „Green Hell Triathlon”.
In respect of measure 6 (consideration paid to IPC, and the loan to MSR through PNG as intermediary), Germany argues that the recipients received the respective payments as remuneration to services and as a loan to market equivalent conditions.
Meetmete vajalikkus ja proportsionaalsus
With regard to measure 7 (cession of MIB's claims against CST to NG), Germany does not deal with questions concerning a potential advantage.
Saksamaa seisukohast on meetmed vajalikud järgmistel põhjustel.
As regards measure 8 (ISB loan to NG, MSR and CMHN), Germany indicates that ISB has not acted independently (at arm's length) as a (separate) undertaking, but as a support bank receiving explicit instruction from the administration of the Land and being part thereof [94].
Võistlusi korraldatakse Nürburgringi rajal kokku […] päeval ja sellest vaid […] päeval on üksnes elukutseliste sportlaste võistlused, […] päeval üksnes harrastus- ja rahvaspordivõistlused ning […] päeval ühel ajal nii elukutseliste kui ka harrastus- ja rahvasportlaste võistlused.
Pursuant to Germany, the principles of the Agreement II are applicable to the refinancing of the ISB loan [95] through the participation of ISB in the liquidity pool and this participation constitutes therefore no aid in favour of ISB [96].
Võistlustel osalenud sportlastest moodustavad harrastus- ja rahvasportlased […] % ([…] elukutselist ja […] harrastussportlast).
Regarding measure 9 (guarantee of the Land to ISB concerning measure 8), Germany states that the guarantee in question deals with the share of risk in an internal relationship between ISB and the Land and it provides no advantage to the beneficiaries of the loan (NG, MSR and CMHN), because it did not lead to improved terms of their loan [97].
Elukutseliste sportlaste võistlused on vormel 1 võidusõidud, Saksamaa turismiautode meistrivõistlused ja Superbike'i maailmameistrivõistlused, muusikaüritustest toimub „Rock am Ring” ja peale selle korraldatakse autotootjate katsesõite.
As regards measure 10 (business lease contract concluded on 25 March 2010), Germany submitted an expert opinion of 29 September 2011, commissioned by the Land on the rent for the business lease of the Nürburgring, which established a range of minimum and maximum market conform annual rents.
Rahvasportlased võivad ringrajal sõita oma sõidukiga.
Germany claims that according to that expert opinion, the expected rent is 20 % above the maximum market level and it would cover the lessor's construction costs of EUR 330 million and a reasonable profit [98].
Nädalavahetustel korraldavad harrastajatele võistlusi Saksamaa mootorispordiühendused (nt ADAC).
As regards loans under measure 11 (loans granted by RIM to MSR with Mediinvest and PNG as intermediaries), by which Part II of the ‘Nürburgring 2009’ project was financed, Germany argues that they are conform with the market economy investor principle and that they do not involve an advantage, since the interest rates applied are above the applicable reference rates (apart from two loans of 12 November 2008 and 22 December 2008).
Tööpäevadel kasutavad mõned klubid ringrada treeninguteks või harrastussportlaste võistlusteks.
For measure 12 (guarantee of the Land to the loans of RIM to MSR with Mediinvest as intermediary under measure 11), Germany states that the guarantee of the Land only leads to an advantage to the recipients of the loans, but not to an advantage to ISB or RIM, because that guarantee was a requirement for the granting of the loans.
Motospordis ei ole eraldi taristut elukutseliste ja harrastajate/rahvasportlaste võistluste jaoks.
As regards measures 13 and 14 (grants from gaming tax for tourism promotion [99] and loans by the Land), Germany does not claim their compliance with the market economy investor principle.
Peale selle aitavad uuritavad meetmed kõrvaldada turutõrke.
Concerning the gaming tax, Germany describes the measure as a compensation for infrastructural costs in connection with the promotion of tourism.
Investeeringutasuvust selliste meetmete korral oodata ei ole.
Concerning the debt subordination, Germany argues that it has merely a declaratory effect as every shareholder loan is subordinated in the insolvency proceedings anyway, that that subordination led therefore only to a potential effect on the public budget and that it does not therefore constitute an advantage [100].
Vastupidiselt mitmeotstarbelistele hallidele toimuvad ringrajal aasta jooksul ainult ühe või kahe sarja võidusõidud.
As regards measure 15 (takeover of MSR shares by NG and RIM), Germany claims that it does not constitute an economic advantage for Mediinvest, Geisler & Trimmel and Weber, because:
Seetõttu ei ole ükski erainvestor valmis sellist taristut ehitama või rahastama.
it was carried out at the symbolic price of EUR 1 per share;
Eraettevõtjate kaasamine projekti „Nürburgring 2009” I ossa ebaõnnestus.
it did not involve any other advantages such as the cancellation of shareholder loans or guarantees of the shareholder;
Avaliku sektori osalemine avaldas seega ka ergutavat mõju.
NG and RIM took over the shares in MSR as to compile the ownership of Part II with that of Part I of the ‘Nürburgring 2009’ project and to enable a united business concept;
Liidumaa valitsuse kindla poliitilise tahteta ei oleks NG sporditaristu nüüdisajastamist ja arendamist sellises ulatuses ette võtnud.
and d) the question whether MSR was in difficulty at the moment of the transfer has no impact on this assessment, as MSR is a company with limited liability, thus the liability of the shareholders is in any event limited to the capital of the company.
Peale selle märgib Saksamaa, et meetmete rahastamine oli proportsionaalne.
As far as measure 16 (financing of the losses of NG from the Formula 1 races by the Land) is concerned, Germany states that it is not an economic activity and that the financing of Formula 1 events is generally not profitable.
Eesmärkide saavutamine ei oleks avaliku sektori väiksemagi toetuseta võimalik olnud.
For measure 17 (Formula 1 concession contract), Germany claims that it is linked to the conditions of the business lease contract.
Seadmed olid vananenud ja vajasid ajakohastamist.
Germany argues that in view of the rent being considerably ([…] %) over the market level, both contracts have to be considered balanced in their totality (including the benefits of the NAG from the concession contract) [101].
Taristut sealjuures ei dubleeritud.
Measures covered by the decision of 7 August 2012 [102]
Erinevalt komisjoni menetlustest mitmeotstarbeliste hallide suhtes [106] ei käsitle uuritavad meetmed uue sporditaristu ehitamist ning nendega ei suurendatud märkimisväärselt ka suutlikkust.
Regarding measure 18 (debt rescheduling), Germany states that it was necessary to avoid the imminent insolvency and that it would have been implemented also by a private shareholder.
Mõju kaubandusele ja konkurentsile on nõutavas ulatuses piiratud
Concerning measure 19 (debt subordination and guarantee), Germany argues that it does not constitute even a potential burden to the public budget, that it would be implemented also by a private shareholder, and that the debt subordination had no consequences for the shareholders because there were no further substantial creditors.
Saksamaa arvates on mõju kaubandusele ja konkurentsile väike ega ole vastuolus ühiste huvidega.
DISTORTION OF COMPETITION AND EFFECT ON TRADE
Nagu on märkinud Koblenzi kohus [107], on Nürburgringil koos Nordschleifega ainulaadne väärtus.
COMPATIBILITY
Peale selle toimub Nürburgringis vaid väike osa rahvusvahelisi võistlusi.
Facilities of the race ring
Abi kokkusobivus ELi toimimise lepingu artikli 107 lõike 3 punktiga d
Germany claims that the Nürburgring is crucial for the economy and employment in the region, that it is an important facility dedicated predominantly to amateur sport, that it is part of the German motorsport history and German culture and thus also part of the cultural heritage of the Union, that it has an impact on traffic safety in the whole world, as cars tested on that track are exported worldwide, that its driving centre offers a safe driving training, and that the investigated measures do not relate to the racetrack as such, but rather to the sport and non-sport infrastructure other than the racetrack and to the organisation of Formula 1 races.
Motospordikultuuri edendamise meetmed olid vajalikud, sest need aitavad tagada ühist kultuuriidentiteeti Saksamaal ja liidus ning projekti „Nürburgring 2009” I osa rahastamine erasektori vahenditest ebaõnnestus.
Compatibility of aid under 107(3)(c) TFEU
Meede oli proportsionaalne, sest ülemäärast hüvitamist ei toimunud.
Objective of common interest
Abimeetmetega ei mõjutatud kultuurirajatiste valdkonna kaubandus- ja konkurentsitingimusi sellisel määral, et see oleks vastuolus ühiste huvidega.
Germany argues that the construction of sport facilities can be regarded as a common interest in view of Article 165 TFEU [104] and that measures enabling access to sport could be supported [105].
Nürburgringi kultuurirajatised konkureerivad teiste piirkondlike ja riiklike kultuurirajatistega ning seega on nende turuosa väike.
The Nürburgring features not only few professional events but also amateur events and motorsport training of youth.
Abi kokkusobivus ELi toimimise lepingu artikli 107 lõike 3 punkti b tähenduses
Nürburgring is used also for other sport events such as cycling (Rad&Run), running (Fisherman's Friend StrongmanRun) and triathlon (Green Hell Triathlon).
Saksamaa lisab, et kontsernikonto laenu kasutamine NG kaudu ja ISB osalemine kontsernikontos (3. meede) oli kooskõlas ELi toimimise lepingu artikli 107 lõike 3 punktiga b, sest pankadevahelise rahastamise turu kokkuvarisemise tõttu oli laenu saamine turult peaaegu võimatu.
Necessity and proportionality of the measures
Abi kokkusobivus ELi toimimise lepingu artikli 106 lõike 2 tähenduses
Germany states that the measures are necessary for the following reasons:
Saksamaa leiab, et osa turismi edendamiseks võetud investeerimismeetmeid oli kooskõlas sel ajal kehtinud üldist majandushuvi pakkuvate teenuste tingimustega [109] ja et nende rakendamisel ei tehtud ühtegi ilmset viga.
Out of […] event days, Nürburgring is used for professional sport only on […] days, for amateur sport on […] days and for both amateur and professional sport on […] days.
Täpsemalt väidab Saksamaa, et osa ringowerk'ist (eeskätt mootorispordinäitus, multimeediateater Grüne Hölle, ringomeister ja katsekeskus) on muuseumiväärtusega ning teenib (kultuurialase) hariduse seisukohast avalikku huvi.
The amateur sportsmen represent more than […] ([…] professionals versus […] amateurs).
Warsteiner Event Centre on mitmeotstarbeline kongressi-, messi- ja konverentsikeskus ja parkimismaja ei kasutata väljaspool suuri üritusi täies ulatuses.
Non-amateur events are Formula 1, German Touring Car Championship, Superbike World Championship, the music event Rock am Ring and the test driving of the car manufacturers.
Saksamaa märgib, et ükski tavapärastes turutingimustes tegutsev ettevõtja ei oleks investeerinud eespool nimetatud kolme rajatisse ilma avaliku sektori rahastamiseta.
Amateurs can go for a ride with their own cars.
Asjaolu, et projekti „Nürburgring 2009” I osa rahastamine erasektori vahenditest ebaõnnestus, näitas, et selliste meetmete elluviimiseks ei ole turgu.
At weekends, amateur competitions of large German motorsport associations (such as ADAC) are organised.
Saksamaa märgib, et vormel 1 võidusõitude korraldamist võib käsitleda üldist majandushuvi pakkuva teenusena, sest ka teistes riikides toetatakse seda avalikest vahenditest.
During the week individual clubs use the tracks for training or amateur competitions.
Peale selle on võistlustel väga hea maine ning makromajanduslik ja identiteeti edendav mõju nii asjaomasele liikmesriigile kui ka kogu liidule.
In motorsport, there is no separate infrastructure for professional and amateur sport.
Ajutine raamistik
Moreover, the measures under investigation serve to the elimination of a market failure.
Saksamaa kinnitab, et ISB laenu 2.–4. osa (8. meede) olid komisjoni teatise „Euroopa Liidu riigiabi meetmete ajutine raamistik praeguses finants- ja majanduskriisis rahastamisele juurdepääsu toetamiseks” [110] kohaselt kooskõlas siseturuga.
A return on investment cannot be expected.
Isegi kui komisjon otsustab lõpuks, et NG oli 1. juulil 2008 raskustes olev äriühing ja et ajutist raamistikku ei oleks saanud ISB laenu 2.–4. osale kohaldada, on NGle, MSRile ja CMHNile antud abi võrdne turul makstava intressi ja tegelikult makstud intressi vahega, mitte aga kogu laenusummaga [111].
In contrast to multifunctional arenas, only one or two series of a competition take place every year.
VARADE VÕÕRANDAMINE
No private investor would construct and finance such infrastructure.
Saksamaa jääb kindlaks oma seisukohale, et võõrandamisstruktuur ei hõlmanud endas riigiabi andmist vara ostjale.
The participation of private enterprises in the financing of Part I of the ‘Nürburgring 2009’ project failed.
Peale selle märgib ta, et võõrandamisprotsessiga katkestati NG, MSRi ja CMHNi majanduslik järjepidevus.
Public engagement had thus also an incentive effect.
Ta on seisukohal, et kui komisjon teeb ametliku uurimismenetluse tulemusel negatiivse otsuse ja siseturuga kokkusobimatu abi tuleb tagastada, käsitleks tagastamise kohustus NGd, MSRi ja CMHNi, kuid mitte asjaomaste varade ostjat.
Without the explicit political will of the Land government, NG would not implement the modernisation and expansion of the sport infrastructure in the same extent.
Seoses tingimusega, et Nürburgringi varade võõrandamine viiakse lõpule alles siis, kui on olemas komisjoni lõplikult jõustunud otsus, milles kinnitatakse, et varade ostjalt ei nõuta riigiabi sisse, märgib Saksamaa, et see tingimus ei takista abisaajate likvideerimist ega võimalda nende äritegevust jätkata ja et see ei loo varade ostjale eelist.
In addition, Germany argues that the financing of the measures is proportional.
Majandusliku järjepidevuse katkestamise asjus täheldab Saksamaa järgmist.
The installations were old and required modernisation.
Leping sõlmiti kõrgeima hinnaga pakkumuse teinud pakkujaga, kes esitas ka tõendi rahastamissuutlikkuse kohta.
There was no duplication of infrastructures.
Võõrandamise majandusliku loogika määras maksejõuetusmenetlus, mille eesmärk oli rahuldada Nürburgringi varade võõrandamise kaudu ühiselt võlausaldajate nõuded ja jagada saadud tulu nende vahel.