natgillin/translations-raw huggingface dataset:
In this regard, the Commission has not received any convincing evidence from the Greek authorities which would justify their argument that since the State acted as a reasonable market investor, the capital increases in question were obtained under normal market conditions and could, therefore, not constitute an advantage.
Euroopa Kohtu praktika kohaselt on liikmesriigi ülesanne esitada siseturuga kokkusobivuse võimalikud põhjused ja tõendada, et sellise kokkusobivuse tingimused on täidetud.
The Commission observes that the various capital increases subscribed in the course of 2011 between May 2011 and December 2011 by the Greek State as a shareholder were not supported by any prospective analysis of returns on the purported investment that a rational investor would have examined and taken into account before deciding on the investment.
Kreeka ametiasutused ei esitanud kokkusobivuse võimalikke põhjuseid.
The capital increases were conducted, as explained by Greece, with a view to ensuring HDS viability given its decisive role in national defence and security.
Nad rõhutasid, et 1. ja 3. meetme eesmärk oli üksnes toetada sõjaotstarbelist tootmist, mis oli tähtis Kreeka oluliste julgeolekuhuvide kaitsmiseks, ning et 3. meede ei kujuta endast mingil juhul riigiabi ELi toimimise lepingu artikli 107 lõike 1 tähenduses, sest sellega ei antud HDSile eelist, vaid meetme võtmine oli kooskõlas turumajanduse tingimustes tegutseva investori käitumisega.
In any event, the amount of the capital increases were insufficient to cover the negative equity of HDS and could, therefore, not be seen as a measure protecting the company's value and supporting its restructuring.
Kuna aga meetmed kujutavad endast riigiabi, leidis komisjon, et on asjakohane siiski hinnata nende kokkusobivust siseturuga ELi toimimise lepingu artikli 107 lõike 3 punkti c kohaselt, milles on sätestatud, et „abi teatud majandustegevuse või teatud majanduspiirkondade arengu soodustamiseks, kui niisugune abi ei mõjuta ebasoovitavalt kaubandustingimusi määral, mis oleks vastuolus ühiste huvidega,“ võib pidada siseturuga kokkusobivaks.
In that respect, it follows from the information transmitted by Greece that there is no evidence of any ex ante economic analysis carried out by the State as to whether the conversion of the claims stemming from the calling of the guarantees into capital was economically more advantageous than keeping or enforcing those claims.
Et abi saaks pidada selle artikli kohaselt siseturuga kokkusobivaks, peab see vastama selgelt määratletud ühist huvi pakkuvale eesmärgile, olema vajalik ja eesmärgiga proportsionaalne, see peab olema ergutava mõjuga, ei tohi kahjustada konkurentsi ega liidusisest kaubandust määral, mis oleks vastuolus ühiste huvidega, ning olema kooskõlas läbipaistvuse põhimõtetega.
A market creditor would normally examine which course of action is economically more advantageous before deciding it.
Komisjon märgib aga, et ta ei suuda tuvastada ühtegi ühist huvi pakkuvat eesmärki, mille abi oleks võinud saavutada, ning nagu märgitud eespool, ei väitnud selle eesmärgi olemasolu ka Kreeka ametiasutused.
For the assessment of whether the State granted an advantage to HDS when providing the capital increases in question, it must be established whether it acted in the same way as a market economy operator in a similar situation.
Komisjon märgib, et isegi kui HDSi käsitataks raskustes oleva äriühinguna, mispuhul tuleks abi kokkusobivust hinnata 2004. aasta päästmise ja ümberkorraldamise suuniste kohaselt, on selge, et suuniste kohaseid kokkusobivuse tingimusi pole täidetud 1. meetme (riigigarantiid) ega 3. meetme puhul (kapitali suurendamine).
Such a market economy operator would not take public policy considerations into account.
Abi andmist ei lõpetatud pärast kuue kuu möödumist ja Kreeka ametiasutused ei teatanud ümberkorralduskavast, millega taastada äriühingu elujõulisus, ning seejuures ei rakendatud konkurentsimoonutuste leevendamiseks ühtegi kompensatsioonimeedet.
In this regard, the argument presented by the Greek authorities regarding the preservation of a company which is relevant for the essential security interests of the country can, therefore, not be taken into account as a consideration a market economy investor would take into account and is, as such, not relevant for the assessment of the capital increases in question.
Samuti ei ole tõestatud, et abi piirdus hädavajalikuga, eriti abisaaja märkimisväärse omaosaluse kaudu.
Even in the absence of contemporary evidence that the Greek authorities carried out the analysis mentioned in recital 108, it is manifest from the figures available that the conversion was less advantageous than the status quo of keeping the debt claims.
Ametiasutused ei esitanud ka likvideerimiskava.
Indeed, as a matter of fact, the amount of long-term and short-term liabilities owed in 2011 by HDS as reported in its balance sheet was EUR 1008 million.
Komisjon ei ole teinud kindlaks muid võimalikke põhjuseid, mille alusel võiksid 1. ja 3. meede olla siseturuga kokkusobivad.
Given the already negative equity of EUR 537 million recorded the same year and the inability to sell the company's military assets, the State would most likely not have recovered any portion of the increased equity totalling EUR 154,19 million in case of liquidation of the company or continuation without prospects of return.
Eelnevat arvestades järeldab komisjon, et 1. ja 3. meetmega HDSile antud riigiabi ei ole siseturuga kokkusobiv.
A market creditor would have thus maintained the debt claims which had a necessarily higher probability, however low, of producing a positive return than the conversion into equity.
Tagasinõutav abisumma
Debt claims (even unsecured ones) are ranked higher, in terms of priority of creditors, than shareholders' claims.
Kui komisjon on tuvastanud abi kokkusobimatuse siseturuga, on tal aluslepingu ja väljakujunenud kohtupraktika alusel õigus otsustada, et asjaomane liikmesriik peab abi andmise lõpetama või seda muutma.
The same considerations are applicable mutatis mutandis to the injection of additional fresh capital totalling EUR 4 million.
Samuti on Euroopa Kohus korduvalt sedastanud, et liikmesriigi kohustus lõpetada sellise abi andmine, mida komisjon peab siseturuga kokkusobimatuks, on kehtestatud selleks, et taastada varasem olukord.
No market investor would forego the amounts subscribed in the absence of any ex ante perspective of returns.
Sellega seoses on Euroopa Kohus leidnud, et kõnealune eesmärk on saavutatud, kui abisaaja on siseturuga kokkusobimatu abina saadud summad tagasi maksnud ja seega loobunud eelisest, mis tal turul konkurentide ees oli, ning on taastatud abi andmisele eelnenud olukord.
This stems from the fact that the Greek authorities have failed to provide any ex ante economic analysis of future profitability and also from the examination of the past and present financial performance of HDS in terms of actual or potential returns for the shareholder portrayed in Table 1.
Kooskõlas kohtupraktikaga on nõukogu määruse (EL) 2015/1589 artikli 16 lõikes 1 sätestatud: „Kui ebaseadusliku abi korral tehakse negatiivne otsus, nõuab komisjon, et kõnealune liikmesriik peab võtma kõik vajalikud meetmed, et abisaajalt abi tagasi saada […].“
Indeed, it is manifest from the financial performance of HDS since 2004 that the company did not provide any return in terms of dividends from the capital invested.
Seetõttu, võttes arvesse, et 1. ja 3. meede võeti, rikkudes ELi toimimise lepingu artikli 108 sätteid ning et neid tuleb käsitada ebaseadusliku ja siseturuga kokkusobimatu abina, peab põhjendamatu eelise andnud summa, mis nende meetmete põhjal välja maksti, tagasi maksma, et taastada abi andmisele eelnenud olukord turul.
Meanwhile, until 2011, the shareholder equity went from slightly positive (EUR 41 million) to significantly negative (minus EUR 537 million), thus consuming all the capital invested by the shareholders and cancelling out, in the absence of a credible business restructuring plan, any hypothetical expectation of future increase of the value of the holding.
Tagasinõudmine peab hõlmama ajavahemikku, mille jooksul abisaajale eelis anti; see tähendab alates ajast, mil abi anti abisaaja käsutusse, kuni abisumma tegeliku tagasimaksmiseni.
Consequently, the Commission considers that a reasonable market investor would not have participated in HDS' share capital increases under those conditions, in particular without a credible business restructuring plan showing an ex ante prospect of restoring HDS' viability and an adequate return on the investment for the State as a shareholder and any foreseeable prospect of such return from the figures provided by Greece.
Tagasimakstavad summad hõlmavad intresse kuni abisummade täieliku tagasimaksmiseni.
As such, the Commission concludes that the State's participation in the 2011 capital increases provided the beneficiary with an advantage, corresponding to the full amount of the capital increases.
Asjakohase kohtupraktika kohaselt tuleb sissenõutavaid intresse arvestada alates abi tegelikust kättesaadavaks tegemisest.
The tranches of the measure and the granting dates are provided in Table 4.
Komisjon on aga järeldanud, et seda osa HDSi tootmisest, mis puudutas sõjavarustust, võib pidada ELi toimimise lepingu artikli 346 lõike 1 punkti b kohaldamisalasse kuuluvaks.
The Commission considers that for the reasons set out in recitals 99 and 100, measure 3 was capable of affecting competition and trade between Member States.
Kuna 1. ja 3. meetmega kaasnes kasu tootmise sellele osale, siis neid aluslepingu riigiabisätete kohaselt ei hinnata.
Conclusion with regard to the existence of State aid within the meaning of Article 107(1) TFEU for measure 3
Seetõttu on vaja riikliku rahastamise summad mõlema tootmispoole, st sõja- ja tsiviilotstarbelise tootmise puhul kindlaks teha, et oleks võimalik välja selgitada kokkusobimatu abi summa, mis tuleb tsiviilpoolelt tagasi nõuda.
In light of the above, the Commission concludes that the capital increases defined as measure 3, granted to HDS by Greece and described in recitals 42 to 47, constitute, to the extent that they benefitted the civil activities of HDS, State aid within the meaning of Article 107(1) TFEU.
Et eraldi raamatupidamise puudumist arvestades kindlaks teha, millises ulatuses 1. ja 3. meetme puhul tuvastatud riigiabi tsiviilotstarbelisele tootmisele kasu tõi, tugineb komisjon asjakohase praktika põhjal asendusnäitajatele, võttes arvesse HDSi sõja- ja tsiviilotstarbeliste toodete müügi jaotust ning määrates 1. ja 3. meetmest tuleneva eelise selle põhjal.
Conclusion on existence of State aid
Komisjon leiab, et on asjakohane kasutada Kreeka ametiasutuste esitatud andmeid sõja- ja tsiviilotstarbeliste toodete müügi osakaalude kohta aastatel 2004–2011 (vt põhjendus 24), sest need hõlmavad ajavahemikku, millal meetmeid võeti.
In the light of the above and to the extent to which measures 1 and 3 benefitted the civil production of HDS, the Commission considers that they constitute State aid within the meaning of Article 107(1) TFEU.
Sellel ajavahemikul moodustas sõjaotstarbeline toodang 94,34 % müügist ja tsiviilotstarbeline toodang 5,66 % müügist.
Unlawful aid
Seetõttu leiab komisjon, et abi oli abisaaja käsutuses ajal, mil algne HDS pidi garantiitasusid maksma (enne jagunemist tsiviil- ja sõjaotstarbeliseks HDSiks).
Measures 1 and 3 constitute State aid and were granted in breach of the notification and stand-still obligations established in Article 108(3) TFEU.
2011. aastal garanteeritud laenude osade asjus, mida ei kasutatud, teeb komisjon järgmised tähelepanekud seoses laenu põhisummaga, mida peaks kasutama põhjenduses 91 kirjeldatud meetodi puhul.
Consequently, those measures constitute unlawful State aid.
Kuna Kreeka võttis omale kohustuse anda garantii kogusummale 40 miljonit eurot, tuleb arvestada, et garantii anti 40 miljonile eurole.
Compatibility of the aid
Ajal, mil Kreeka riik selle kohustuse võttis, sai HDS tõepoolest juriidilise õiguse saada abi lähtuvalt 40 miljoni euro suurusest summast, mis pidi laenatama.
The prohibition of State aid laid down in Article 107(1) TFEU is neither absolute nor unconditional.
Kuna HDS ei võtnud aga laenu kogu 40 miljoni euro suuruse summa ulatuses, tuleks pidada väljamakstuks üksnes seda abisummat, mis garanteeritud laenudena tegelikult laenati, nimelt laenu nr 10 puhul 7095858 eurot ja laenu nr 11 puhul null eurot.
In particular, paragraph 2 and 3 of Article 107 TFEU constitute legal bases allowing some aid measures to be considered compatible with the internal market.
Seega, kuigi antava abi kogusumma (isegi kui seda välja ei makstud) tuleb tühistada, on tegemist üksnes summaga, mis on praeguseks tegelikult välja makstud nende garanteeritud laenude põhjal, mida tuleb kasutada laenu põhisummana tagasinõutava summa arvutamisel põhjenduses 91 kirjeldatud meetodi kohaselt.
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.
meetme puhul on tagasinõutava abi summa 8953593,86.
The Greek authorities did not invoke any possible grounds of compatibility.
Komisjon leiab, et tagasinõudmisel kehtiv intressimäär tuleb arvutada nende kuupäevade põhjal, millal abi tegelikult iga meetme puhul (garantii või kapitali suurendamine) kättesaadavaks tehti või materialiseerus.
They insisted that measures 1 and 3 aimed exclusively at supporting the military production relevant for the essential security interests of Greece and, as regards measure 3, that it did not in any event constitute State aid within the meaning of Article 107(1) TFEU since it did not grant any advantage to HDS but was carried out in line with the behaviour of a market economy investor.
Ühtlasi on komisjon sarnase juhtumi puhul leidnud, et kokkusobimatu abi peaks tagasi maksma üksnes abi saanud ettevõtte tsiviilotstarbeline osa, tagamaks, et tagasimaksmisel ei kasutata vahendeid, mis muidu sõjaotstarbelisele tegevusele kasu tooksid.
However, given that the measures constitute State aid, the Commission has considered it appropriate to, nevertheless, assess them with regards to their compatibility under Article 107(3)(c) TFEU, according to which ‘aid to facilitate the development of certain economic activities or of certain economic areas, where such aid does not adversely affect trading conditions to an extent contrary to the common interest’ may be considered compatible with the internal market.
Kõnealuse juhtumi puhul võtab komisjon arvesse HDSi jagunemist kaheks õigusjärglasest ettevõtteks, sõja- ja tsiviilotstarbelise toodangu HDSiks.
In order to be found compatible with the internal market under that Article, aid must meet a clearly-defined objective of common interest, be necessary and proportional to this objective, have an incentive effect, must not affect competition and intra-EU trade to an extent contrary to the common interest and comply with the transparency principles.
Vara ja tootmisvõimsuse jaotuse põhjal (vt põhjendused 54 ja 55) jätkab tsiviilotstarbelise toodangu HDS ettevõtte tsiviilotstarbelise tootmisega.
However, the Commission observes that it cannot identify any objective of common interest that might have been pursued by the aid, which, as was stated above, was also not argued by the Greek authorities.
See põhineb eelkõige asjaolul, et tsiviilotstarbelise toodangu HDSile anti üle kogu algse HDSi tsiviilotstarbelise tootmisega seotud vara, sealhulgas tootmisrajatised, masinad, seadmed, transpordivahendid, valmis- ja pooltooted, tooraine ning klientide nõuded seoses algse HDSi tsiviilotstarbeliste toodetega.
Even if HDS were to be considered a firm in difficulty, in which case the compatibility of the aid would need to be assessed under the 2004 Rescue and Restructuring Guidelines, the Commission observes that the compatibility conditions under those Guidelines are clearly not fulfilled for measure 1 (State guarantees) as well as measure 3 (capital increases).
Tundub, et ka kohustised on jaotatud kooskõlas vara jaotusega sõja- ja tsiviilotstarbelise toodangu HDSi vahel.
There is no evidence that the aid was limited to the minimum necessary, notably through a significant own contribution of the aid beneficiary.
Lõpetuseks tuletab komisjon meelde väljakujunenud kohtupraktikas kinnitatut, et asjaolu, et ettevõtjad võivad olla raskustes või pankrotis, ei mõjuta kohustust kokkusobimatu abi sisse nõuda.
Finally, the authorities did not provide a liquidation plan either.
Sellistel juhtudel võib abi andmisele eelneva turuolukorra taastamine ja seega ka konkurentsimoonutuse kõrvaldamine olla põhimõtteliselt saavutatav riigiabi tagastamisega seotud kohustise kandmisega võlanimekirja.
The Commission has not identified any other possible grounds for the compatibility of measures 1 and 3.
Kui riigiasutused ei suuda riigiabi kogusummat sisse nõuda, võib kohustise võlanimekirja kandmine tähendada tagastamiskohustuse täitmist ainult juhul, kui maksejõuetusmenetlus päädib asjaomase ettevõtte likvideerimisega, st tema tegevuse lõpliku lõpetamisega.
In the light of the above, the Commission concludes that the State aid granted to HDS through measures 1 and 3 is incompatible with the internal market.
KOKKUVÕTE
Aid amount to be recovered
meede vabastatakse ELi toimimise lepingu artikli 346 lõike 1 punkti b alusel sama lepingu riigiabi sätete kohasest hindamisest.
According to the Treaty and 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.
Ka 1. ja 3. meetme osad, mis on suunatud HDSi sõjaotstarbelisele tootmisele, vabastatakse ELi toimimise lepingu artikli 346 lõike 1 punkti b alusel sama lepingu riigiabi sätete kohasest hindamisest.
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.
Kuna 1. ja 3. meetmega kaasnes kasu HDSi tsiviilotstarbelisele tootmisele, kujutavad need endast riigiabi ELi toimimise lepingu artikli 107 lõike 1 tähenduses.
In this context, the Court has established that this objective is attained once the recipient has repaid the amounts granted by way of incompatible 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 has been restored.
Kreeka andis seda riigiabi ebaseaduslikult, rikkudes ELi toimimise lepingu artikli 108 lõiget 3, ning see on siseturuga kokkusobimatu.
In accordance with the case-law, Article 16(1) of Council Regulation (EU) 2015/1589 lays down that that ‘(w)here 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 […]’.
Summad, millega toetati HDSi tsiviilotstarbelist tootmist, tuleb tagasi maksta.
Consequently, since measure 1 and measure 3 were implemented in breach of Article 108 TFEU and are to be considered aid that is unlawful and incompatible with the internal market, the amount of undue advantage disbursed on the basis of those measures must be recovered in order to re-establish the situation that existed on the market before the aid was granted.
ON VASTU VÕTNUD KÄESOLEVA OTSUSE:
As such, recovery must cover the period during which the advantage was conferred on the beneficiary; that is to say from the time the aid was made available to the beneficiary until it was actually recovered.
Artikkel 1
The sums to be recovered should therefore include interest due until recovery takes place.
Riiklik toetus, mida Kreeka andis 2003. aastal ettevõttele Hellenic Defence Systems S.A. investeerimiskava rakendamiseks, et ajakohastada Aeghioni tööstusrajatis, vabastatakse Euroopa Liidu toimimise lepingu artikli 346 lõike 1 punkti b kohaselt selle lepingu riigiabi sätetele vastavast hindamisest.
In accordance with the relevant case-law, the recovery interest accrues from the date on which the aid was actually made available to the beneficiary.
Abi, mis anti ettevõttele Hellenic Defence Systems S.A. i) 2004.–2011. aastal antud riigigarantiide kujul ja ii) riigi osalemise kujul ettevõtte kapitali suurendamises 2011. aastal, vabastatakse Euroopa Liidu toimimise lepingu artikli 346 lõike 1 punkti b alusel sama lepingu riigiabi sätete kohasest hindamisest ulatuses, milles meetmed olid seotud ettevõtte sõjaotstarbelise tootmisega.
However, the Commission has concluded that the part of HDS' production which concerned military material can be considered to fall within the scope of application of Article 346(1)(b) TFEU.
Artikkel 2
To the extent that they benefitted this part of the production, measures 1 and 3 are exempt from an assessment under the State aid provisions of the Treaty.
Ulatuses, milles meetmed olid seotud ettevõtte tsiviilotstarbelise tootmisega, oli abi, mida Kreeka andis ettevõttele Hellenic Defence Systems S.A. i) 2004.–2011. aastal antud riigigarantiide kujul ja ii) riigi osalemise kujul ettevõtte kapitali suurendamises 2011. aastal, ebaseaduslik, rikkus Euroopa Liidu toimimise lepingu artikli 108 lõiget 3 ning oli kokkusobimatu siseturuga.
It is, therefore, necessary to apportion the public funding between the two sides of the production, namely military and civil, in order to be able to establish the amount of incompatible aid to be recovered from the civil side.
Artikkel 3
In order to determine to which extent the State aid identified in measures 1 and 3 benefited the civil production in the absence of separate accounts, the Commission, following relevant case practice, will rely on a proxy and will consider the division between HDS' sales of military products and those of civil products and allocate accordingly the advantage deriving from measures 1 and 3.
Kreeka nõuab artiklis 2 nimetatud kokkusobimatu abi tagasi abisaaja õigusjärglasest ettevõtjalt Hellenic Civilian Production Systems Industrial Commercial Ltd.
The Commission considers it appropriate to use the percentage of military and civil product sales for the period 2004-2011 as provided by the Greek authorities (see recital 24 above) given that it covers the period during which the measures were granted.
Tagasinõutavatelt summadelt arvestatakse intressi alates kuupäevast, mil need anti abisaaja käsutusse, kuni nende tegeliku tagasimaksmiseni.
During that period, the military production represented 94,34 % of the sales, while the civil production represented 5,66 %.
Intressi arvutatakse liitintressina vastavalt komisjoni määruse (EÜ) nr 794/2004 V peatükile ja määrusele (EÜ) nr 271/2008, millega muudetakse komisjoni määrust (EÜ) nr 794/2004.
As regards measure 1, this means that the State aid granted in relation to the civil activity, which has to be recovered as incompatible aid, corresponds to 5,66 % of the amount calculated on the basis of the methodology of determination of the economic advantage explained in recital 89 for the guarantees granted for loans obtained in the period 2004-2006 and in recital 91 for the guarantees granted for loans obtained in the period 2007-2011.
Kreeka tühistab kõik artiklis 2 nimetatud abi väljamaksmata maksed alates käesoleva otsuse vastuvõtmise kuupäevast.
The advantage has been materialised in the form of payments of lower guarantee fees.
Artikkel 4
Therefore, the Commission considers that the aid has been put at the disposal of the beneficiary at the time when the guarantee fees were due by the original HDS (i.e. prior to the split between HDS civil and HDS military).
Artiklis 2 osutatud abi nõutakse tagasi viivitamata ja tõhusalt.
As regards the parts of the guaranteed loans of 2011 that were not used. the Commission observes the following regarding the amount of the loan principal that should be used in the methodology described in recital 91.
Kreeka tagab käesoleva otsuse rakendamise nelja kuu jooksul pärast selle teatavakstegemise kuupäeva.
Since the Greek State committed to grant guarantees for the full amount of EUR 40 million, the guarantee must be considered to have been granted for EUR 40 million.
Artikkel 5