natgillin/translations-raw huggingface dataset:
Even before April 2015 when CE Hunedoara was reportedly unable to access finance at market terms, the company was consistently loss making as from its first year of full operation encompassing coal mines and power generation under the same company.
Tagasinõudmisega seotud intress on eraldiseisev lepingujärgsest intressist, viivisest või muudest asjaomaste laenudega seotud summadest, mille äriühing CE Hunedoara riigile võlgneb.
Second, as regards the loan to repay the incompatible aid, the opening decision noted that, an economic advantage of a similar nature (as the one related to the rescue loan) was conferred on CE Hunedoara as successor company operating the power generation assets of Electrocentrale Paroșeni and Electrocentrale Deva through the State aid which was the subject of the Decision regarding the incompatible aid adopted on 20 April 2015 and, by way of inference, through the public loan granted to CE Hunedoara to repay it.
Vastavalt väljakujunenud kohtupraktikale ei ole abisaaja maksejõuetus ja tema suutmatus abi tagasi maksta sobiv põhjus vabastada ta abi hüvitamise kohustusest.
The loan to repay the incompatible aid was granted at a time when, according to Romania, CE Hunedoara fulfilled the criteria for being subject to insolvency proceedings under Romanian law and, accordingly, it can be excluded that the company could have found such finance at market terms.
Sel juhul on enne abi andmist valitsenud olukorra taastamine ja konkurentsimoonutuse kõrvaldamine põhimõtteliselt võimalik nii, et abi tagasimaksmise kohustus registreeritakse koos teiste kohustustega osana kohtulikust likvideerimismenetlusest.
Third, regarding the rescue aid loan, as pointed out in the opening decision, the Romanian authorities declared that CE Hunedoara was unable to obtain it from commercial banks and, more generally, they acknowledged that it was providing a (selective) advantage.
Kui liikmesriik ei suuda tagasi nõuda kogu abisummat, võidakse tagasinõudmiskohustus lugeda täidetuks kohustuse registreerimisega, tingimusel et maksejõuetusmenetluse tulemusel see ebaseaduslikku abi saanud äriühing likvideeritakse, st tema tegevus lõpetatakse lõplikult.
The prolonged and still not repaid portion of the rescue aid loan kept by CE Hunedoara also entails an economic advantage that the company could not possibly obtain at market conditions, e.g. by refinancing and repaying the non-repaid portion with a loan from a commercial bank.
Äriühingu likvideerimine päästmisabi mittetagastamise korral kuue kuu jooksul alates selle abi heakskiitmisest või väljamaksmisest on samuti ette nähtud päästmis- ja restruktureerimisabi käsitlevates suunistes ja päästmisabi andmist käsitlevas otsuses (põhjendused 20 ja 21 ning põhjenduse 52 punkt d).
In its comments on the opening decision, Romania argued that it had indeed intended to restructure CE Hunedoara and turn the rescue loan to part of a restructuring aid.
Komisjon võtab teadmiseks Rumeenia ametiasutustega hiljuti toimunud arutelud, mille käigus tehti kindlaks, et äriühingu CE Hunedoara likvideerimisega võib kaasneda tema varade likvideerimine ja müük kohustuste täitmiseks, sealhulgas nende kohustuste täitmiseks, mis tulenevad käesoleva otsusega Rumeenia suhtes kehtestatava tagasinõudmiskohustuse rakendamisest.
The Commission notes however, that Romania has not submitted a valid restructuring plan in accordance with the R&R aid Guidelines and the mere intention to restructure does not take away the advantage granted by the rescue aid loan as the loan has not been repaid in six months following the granting of the aid.
Igal juhul kinnitasid Rumeenia ametiasutused, et siseriiklikus õiguses on olemas sätted, millega tagatakse tegevuse jätkuvus, ning nimetasid sellega seoses 10. juuli 2012. aasta seadust nr 123 elektrienergia ja maagaasi kohta, eelkõige selle peatükki energiavarustuskindluse ja ohutuse kohta.
Romania furthermore argued in its comments to the opening decision that the rescue loan was granted at ‘existing conditions at the banking market’ following the analysis by EximBank and it was collateralised.
Seoses likvideerimisega ning pidades silmas oma juriidilist kohustust tagada varustuskindlus, võib Rumeenia otsustada võtta meetmed, mille eesmärk on vältida järske katkestusi selle piirkonna varustamises elektri- ja soojusenergiaga, kus äriühing CE Hunedoara tegutseb ja teenuseid osutab.
This claim is however proven wrong by the simple fact that CE Hunedoara was not able to obtain the loan from commercial banks as pointed out in recitals 100 and 101 of this decision.
Kuid sellised meetmed peavad olema proportsionaalsed, mõistlikud ning piirduma ajalises mõttes ja oma ulatuselt sellega, mis on hädavajalik elektrienergiatootmisvarade väärtuse säilitamiseks.
Furthermore, Romania has not provided the credit risk analysis of the EximBank.
Käesoleva otsuse jõustamisel tuleb komisjoni enne teavitada ja komisjonil peab olema võimalik kontrollida, kas need tingimused on täidetud.
Fourth, also CE Hunedoara's predecessor companies were unable to honour their liabilities of which more than EUR 1,2 billion were left unpaid in liquidation.
Sellest tulenevalt ei mõjuta käesolev otsus üldjuhul selliseid asjaomaseid meetmeid ja elektrienergiatootmisvarade üleandmise protsessi.
As a recently created company, despite being cleansed of most of the liabilities of Electrocentrale Paroșeni and Electrocentrale Deva and of the National Hard Coal Company JSC Petroșani, CE Hunedoara had no reliable and solid credit history, absent which market lenders are reluctant to finance operations.
Lisaks, 31. juulil 2018. aastal toimunud videokonverentsil (vt põhjendus 3) väljendasid Rumeenia ametiasutused oma kavatsust võtta asjakohased meetmed seoses äriühingu CE Hunedoara elektrienergiatootmisvarade uuele alles loodavale äriühingule üleandmise protsessiga.
Indeed, the five loans which are the subject of the present proceedings were all granted out of resources belonging to the State budget (see 4.1.1 above).
Seda kavatsetakse teha valitsuse erakorralise määrusega, mille kohaselt antakse vaid elektrienergiatootmisvarad (st kaevandusteta) kolmes osas üle datio in solutum (rumeenia keeles „dare în plată“).
By contrast, there is no evidence of any private market creditor having provided loans to CE Hunedoara to any comparable extent.
Rumeenia ametiasutustega kokku lepitud protokolli kohaselt hõlmaks see protsess järgmist:
Despite the invitation to Romania in the opening decision to provide evidence of offers of loans to CE Hunedoara made by market financial institutions or banks between 2012 and 2016, specifying whether a State or public guarantee was requested, no such offers or evidence of positive appraisals by market lenders has been provided.
esiteks, koostatakse kohustuslik hindamisaruanne eesmärgiga teha kindlaks elektrienergiatootmisvarad (praegu panditud rahandusministeeriumi poolt) ja äriühingu CE Hunedoara võlgade suurus;
Fifth, as explained in recital 20 above, CE Hunedoara's productive assets were also those operated by the predecessor companies before without any significant productive or technological improvement allowing stakeholders to reasonably expect better or more remunerative sales of electricity and heat on the Romanian electricity market.
teiseks, need panditud varad antakse üle rahandusministeeriumile ja seejärel energeetikaministeeriumile;
The Romanian authorities, with full ownership of CE Hunedoara and predecessors, whilst being also its main creditor, could not ignore the structural inability of CE Hunedoara to generate enough operating profits to meet its liabilities.
kolmandaks, need panditud varad antakse üle uuele äriühingule ning seejärel tehakse sellele uuele äriühingule ülesandeks üldist majandushuvi pakkuva teenuse osutamine.
They provided with public finance the funds, which CE Huneadoara would have been unable to obtain in the financial market at any rate.
Käesolev otsus ei mõjuta sellist varade üleandmist valitsuse tulevase erakorralise määruse abil, tingimusel et eespool nimetatud kavandatud üleandmise teevad Rumeenia ametiasutused kooskõlas õigusnormidest tulenevate nõuetega, sealhulgas eelkõige hinnates neid varasid nõuetekohaselt.
All five abovementioned facts influence the creditworthiness of CE Hunedoara and make it implausible that without State intervention, CE Hunedoara would have found willing lenders at market terms trusting that CE Hunedoara would repay the loans.
JÄRELDUS
Likewise, it is unlikely that Romania could anticipate returns from its shareholding in CE Hunedoara and, in particular, from revenues foregone when granting loans to CE Hunedoara below market terms.
Komisjon järeldab, et Rumeenia ametiasutused on andnud äriühingule CE Hunedoara ebaseaduslikku riigiabi, mis on kokkusobimatu siseturuga ja tuleb tagasi nõuda,
In conclusion, the loans in question appear to have favoured CE Hunedoara.
ON VASTU VÕTNUD KÄESOLEVA OTSUSE:
Indeed, CE Hunedoara was a borrower with a poor credit history of its insolvent and liquidated predecessors, and had no credit history in 2012-2013 when the company was established.
Artikkel 1
CE Hunedoara had increasing operating losses not allowing to meet debt service as from 2013-2014 and actually defaulted in meeting liabilities causing the company to be potentially subject to insolvency proceedings as from 2015.
Rahvusvahelise Rekonstruktsiooni- ja Arengupanga (IBRD) laenu (IBRD laen), millele andis tagatise Rumeenia riik ja mille äriühing CE Hunedoara sai kui isik, kellele oli abi üle läinud, ei antud äriühingule CE Hunedoara ebaseaduslikult ega Euroopa Liidu toimimise lepingu artikli 108 lõiget 3 rikkudes.
Moreover, there is no indication that the Romanian authorities have taken any timely steps that a diligent creditor would take to recover its claims, such as summoning the borrower to repay the loans or requesting forced execution of payments for defaulted reimbursements.
Artikkel 2
Although in January 2016 the claim for insolvency against CE Hunedoara was filed (see recital 22 above), it has not produced any effective recovery to date.
Järgmised äriühingule CE Hunedoara antud laenud, mille summad on märgitud punktides a–d, kujutavad endast riigiabi, mille Rumeenia andis ebaseaduslikult (või mida ei makstud tagasi, nagu see on punktis d nimetatud laenu puhul) ja rikkudes Euroopa Liidu toimimise lepingu artikli 108 lõiget 3 ning mis on siseturuga kokkusobimatud:
Owing to the difficult financial situation of the company and the low likelihood of repayment when the loans were granted or prolonged, the loans in question conferred an economic advantage to CE Hunedoara in the form of finance and funds, which it would not have been able to obtain on the market.
Rumeenia Äripanga laen, mille võttis rahandusministeerium, kes laenas selle all-laenulepingu alusel edasi äriühingule CE Hunedoara (BCRi laen) – summas 83485450 Rumeenia leud;
Regarding the quantification of this economic advantage, in recital 34 of the opening decision, the Commission referred to the General Court's judgment in Larko that in circumstances where the borrower is in a delicate financial situation characterised notably by decreasing turnover, negative equity, and inability to reimburse loans from its own funds, the economic advantage embedded on a loan may equal the total amount of the funds borrowed, even if the State only guarantees the loan.
Rumeenia Arengupanga laen, mille võttis rahandusministeerium, kes laenas selle all-laenulepingu alusel edasi äriühingule CE Hunedoara (BRD laen) – summas 68371170 Rumeenia leud;
The Romanian authorities have not provided any evidence that CE Huneadoara had access to market finance at market conditions, indicating that CE Hunedoara tried, let alone succeeded in, borrowing from the market without State support.
laen, mis anti selleks, et maksta tagasi siseturuga kokkusobimatu abi, mis nõuti tagasi siseturuga kokkusobimatut abi käsitleva otsuse alusel (laen siseturuga kokkusobimatu abi tagasimaksmiseks) – summas 34785015 Rumeenia leud;
As noted in recital 43, the BRD loan and the BCR loan transferred by the Romanian State in order to finance environmental compliance in 2013-2014 follows instances were Romania had provided grants for the same type of installation (flue gas desulphurisation) for other thermal power plants in 2010 (CE Turceni) and in 2011 (CE Craiova II) and decided to discontinue the practice of providing such grants as aid instrument.
laen, mis kujutab endast abi vastavalt päästmisabi andmist käsitlevale otsusele, ja vastavad intressid (päästmisabilaen) – välja makstud summa 98476900 Rumeenia leud, mida ei makstud tagasi pärast kuue kuu möödumist väljamakse tegemisest.
However, given the characteristics, purpose and financial situation of CE Hunedoara, it seems therefore appropriate to consider that the BRD loan and the BCR loan transferred by the State and financing environmental compliance were de facto grants, despite their legal qualification of loans.
Artikkel 3
In the meantime, the recourse to the Romanian State transferring the loans it was granted by BDR and BCR shows that these private banks did not wish to take any liquidity risk on CE Hunedoara as they considered the default on repayment virtually certain.
Rumeenia nõuab abisaajalt artiklis 2 osutatud siseturuga kokkusobimatu abi tagasi.
As such, based on the above, the Commission concludes that the five loans granted to CE Hunedoara provided an economic advantage and considers this advantage to equal the total amount of the loans' principal when granted.
Tegelikult tagasi nõutavad summad on võrdsed abisaajale reaalselt välja makstud summadega, mida abisaaja ei ole Rumeenia riigile tagasi maksnud; nendelt summadelt arvestatakse intressi nende abisaaja käsutusse andmise kuupäevast kuni summade tegeliku tagasisaamiseni.
Selectivity
Intressi arvutatakse liitintressina kooskõlas komisjoni määruse (EÜ) nr 794/2004 V peatükiga.
The Commission notes that the five loans were provided on an ad hoc basis to CE Hunedoara to support its continued operation in specific situations requiring investments for environmental compliance, operating costs or repayment of incompatible aid and were not part of a broader measure of general economic policy to provide support to undertakings, in a comparable legal and economic situation, active in the electricity generation or other economic sectors.
Rumeenia tühistab kõik artiklis 2 osutatud abi väljamaksmata maksed alates käesoleva otsuse vastuvõtmise kuupäevast.
Therefore, the Commission concludes that these loans are selective within the meaning of Article 107(1) TFEU.
Artikkel 4
Effect on trade and distortion of competition
Artiklis 2 osutatud abi nõutakse tagasi viivitamata ja tõhusalt, ilma et see mõjutaks asjaomaseid meetmeid, mida Rumeenia võib võtta eesmärgiga tagada nende elektritootmisvarade töö jätkamine, mis on vajalikud elektri- ja soojusenergia tarnimiseks, tingimusel et need meetmed on proportsionaalsed, mõistlikud ning piirduvad ajaliselt ja ulatuselt sellega, mis on hädavajalik varade väärtuse säilitamiseks.
When aid granted by a Member State strengthens the position of an undertaking compared to other undertakings competing in intra-Union trade, the latter must be regarded as affected by that aid.
Rumeenia tagab käesoleva otsuse rakendamise nelja kuu jooksul pärast otsuse teatavakstegemise kuupäeva.
It is sufficient that the recipient of the aid competes with other undertakings on markets open to competition.
Artikkel 5
CE Hunedoara supplies electricity and heat in Romania.
Kahe kuu jooksul pärast käesoleva otsuse teatavakstegemist esitab Rumeenia komisjonile järgmise teabe:
Pursuant to the applicable Union rules on the internal electricity market, electricity suppliers can freely establish operations and seek customers in Romania.
abisaajalt tagasi nõutav kogusumma (põhisumma ja intress);
Indeed a variety of competitors from Romania (e.g. SN Nuclearelectrica, SN Hidroelectrica) or other Member States (e.g. CEZ, Alpiq) have actually done so.
käesoleva otsuse täitmiseks juba võetud ja kavandatavate meetmete üksikasjalik kirjeldus;
The Commission notes that the Romanian electricity system is at present interconnected with the electricity systems of Bulgaria and of Hungary, so that flows of electricity are produced in and traded between those Member States.
elektritootmisvarade töö jätkamise tagamiseks juba võetud ja kavandatavate meetmete üksikasjalik kirjeldus;
Therefore, the Commission concludes that the loans under scrutiny are liable to affect EU trade and to distort or threaten to distort competition in the internal market.
dokumendid, mis kinnitavad, et abisaajale on antud korraldus abi tagasi maksta.
Conclusion on the presence of aid
Rumeenia teavitab komisjoni käesoleva otsuse täitmiseks võetud riiklike meetmete edenemisest, kuni artiklis 2 osutatud abi on lõplikult tagasi makstud.
The Commission concludes based on the arguments presented above that the IBRD loan guaranteed by the Romanian State for CE Hunedoara, the BCR and BRD loans contracted for the benefit of CE Hunedoara, the loan granted to repay earlier incompatible aid, and the rescue aid loan, including the prolonged and not repaid portion of it, constitute State aid within the meaning of Article 107(1) TFEU.
Rumeenia esitab komisjoni taotluse alusel viivitamata teabe käesoleva otsuse täitmiseks juba võetud ja kavandatavate meetmete kohta.
Lawfulness of the aid
Ta esitab ka üksikasjalikud andmed abisaajalt juba tagasi saadud abisummade ja intressi kohta.
The State-guaranteed IBRD loan agreement benefiting CE Hunedoara was signed on 31 May 2002 with Electrocentrale Deva, one of the legal predecessors of CE Hunedoara, so before the accession of Romania to the European Union in 2007; as such the IBRD loan was not unlawful, even if it were to be established that the loan involved State aid.
Artikkel 6
Therefore, the payments by the State as a guarantor, even though occurring post-accession, represent existing aid and are not, as such, unlawful, without prejudice to the qualification under State aid rules of a possible future failure of the State subsequently exercising its recourse right against CE Hunedoara.
Käesolev otsus on adresseeritud Rumeeniale.
However, the BCR loan, the BRD loan and the loan granted to repay the incompatible aid, constitute State aid within the meaning of Article 107(1) TFEU and, since they have been disbursed in violation of Article 108(3) TFEU, they constitute unlawful State aid.
Brüssel, 8. november 2018
The rescue aid loan on which the Commission raised no objections by its rescue aid decision of 21 April 2015 was not put into effect before the Commission decision and was therefore not unlawful State aid.
Komisjoni nimel
However, its excessive prolongation and non-repayment well beyond the six-month period for which it was granted render the prolongation unlawful.
Margrethe Vestager
Compatibility of the aid and the legal basis for the assessment
ELT C 158, 4.5.2018, lk 47.
The Commission must assess if the aid measures identified above can be found compatible with the internal market.
Vt allmärkus nr 1.
According to the case law of the Court, it is up to the Member State to invoke possible grounds of compatibility, and to demonstrate that the conditions for such compatibility are met.
ELT C 23, 25.1.2013, lk 3.
Except initially for the rescue aid loan and its prolongation after six months from the Commission decision of 21 April 2015 and the IBRD loan which was not notifiable since it was granted before the accession of Romania to the Union, Romania has not notified the loan granted to repay the incompatible aid, the BCR loan and the BRD loan nor invoked possible grounds of compatibility with the internal market.
Nõukogu 10. detsembri 2010. aasta otsus 2010/787/EL konkurentsivõimetute söekaevanduste sulgemise soodustamiseks antava riigiabi kohta (ELT L 336, 21.12.2010, lk 24).
On the basis of the information available and, as noted in the opening decision, the Commission considers that the sole possible compatibility basis for the measures under assessment would be the R&R aid Guidelines.
Komisjoni 20. aprilli 2015. aasta otsus (EL) 2015/1877 tariifide kohta, mis S.C.
These Guidelines provide rules and conditions for the purposes of the compatibility assessment of rescue and restructuring aid to undertakings in difficulty pursuant to Article 107(3)(c) TFEU.
Hidroelectrica S.A. Romania kehtestas ettevõtjatele S.C.
Applicability of the R&R aid Guidelines
Termoelectrica S.A. ja S.C.
According to points 137 and 138 of the R&R aid Guidelines, ‘[t]he Commission will examine the compatibility with the internal market of any rescue or restructuring aid granted without its authorisation and therefore in breach of Article 108(3) [TFEU] on the basis of these guidelines if some or all of the aid is granted after their publication in the Official Journal of the European Union’ and ‘[i]n all other cases it will conduct the examination on the basis of the guidelines which applied at the time the aid was granted’.
Electrocentrale Deva S.A. – SA.33475 (12/C) (ELT L 275, 20.10.2015, lk 46), põhjendused 117–124.
The rescue aid loan and the loan granted to repay the incompatible aid were granted after the entry into force of the R&R aid Guidelines on 1 August 2014.
Käesolevas otsuses teavitamise eesmärgil kasutatud vahetuskurss on järgmine: RON/EUR = 0,215 (31. jaanuar 2018).
Therefore, the R&R aid Guidelines are applicable to these two loans.
Komisjoni 21. aprilli 2015. aasta otsus seoses juhtumiga SA.41318 (2015/N) – Rumeenia – Notification of the rescue aid to Complexul Energetic Hunedoara (ELT C 203, 19.6.2015, lk 5).
In addition, the BCR and the BRD loans were not notified to the Commission, in breach of Article 108(3) TFEU.
ELT C 249, 31.7.2014, lk 1.
It follows that even if these two loans had been granted before 1 August 2014, insofar as they must be assessed jointly as part of a single operation providing aid to a company in difficulty, the R&R aid Guidelines also apply to the BCR and BRD loans.
Seda kava arutati ka Rumeenia ametiasutustega 23. oktoobril 2015. aastal toimunud kohtumisel.
Application of the R&R aid Guidelines
Euroopa Liidu toimimise lepingu artiklite 107 ja 108 raames antava riigiabi lubamine – Juhud, mille suhtes komisjonil ei ole vastuväiteid (ELT C 127, 21.4.2017, lk 1).
Only undertakings in difficulty as defined in point 20 of the R&R aid Guidelines and not active in the coal, steel and financial sectors as defined in point 16 thereof can benefit from rescue or restructuring aid.
Ehitatud kahes etapis: esimene osa aastatel 1969–1971 ja teine osa aastatel 1977–1980 – vt GMC Insolvency Consultingu 2016. aasta märtsi aruanne, lk 37, cigmc.ro/files/Raport%20art.%2097.pdf.
As noted in the rescue aid decision, CE Hunedoara fulfilled already in April 2015 the criteria for being placed in collective insolvency proceedings set out in point 20(c) of the R&R aid Guidelines and, indeed, in January 2016, the company entered into such proceedings (see recital 22 above).
Ehitatud kahes etapis: esimene osa aastatel 1956–1959 ja teine osa aastatel 1962–1964 – vt avalikult kättesaadav teave veebisaidil https://uzinaparoseni.wordpress.com/.
Therefore, CE Hunedoara can be considered a firm in difficulty in the sense of the R&R aid Guidelines.
Otsus siseturuga kokkusobimatu abi kohta; vastu võetud 20. aprillil 2015; põhjendused 84, 88–90, 98 ja 117–124.
The Commission first notes that Romania has not provided any evidence on possible compliance with the conditions for compatibility for rescue or restructuring aid set out in the R&R aid Guidelines.
21. aprilli 2015. aasta otsus päästmisabi andmise kohta; põhjendused 13 ja 63.
As regards, the BCR loan, the BRD loan, and the loan granted to repay the incompatible aid the Commission will in the following assess them jointly because they were granted to a company in difficulty as investment or operating aid allowing CE Hunedoara to meet its costs in the absence of access to financial markets (see recital 99).
Söekaevandustele antud esimest abi käsitlev otsus; vastu võetud 22. veebruaril 2012; põhjendused 4–10.