natgillin/translations-raw huggingface dataset:
Having regard to Protocol 3 to the Surveillance and Court Agreement (‘Protocol 3’), in particular to Article 7(5) of Part II,
Võttes arvesse järelevalve- ja kohtulepingu protokolli nr 3 (edaspidi „protokoll nr 3“), eriti selle II osa artikli 7 lõiget 5,
In 2011, the company Finnfjord AS (‘Finnfjord’), was granted NOK 175 million in State aid from the Energy Fund Scheme (see below) for the construction of an energy recovery system at its ferrosilicon production plant.
2011. aastal anti äriühingule Finnfjord AS (edaspidi „Finnfjord“) ferrosiliitsiumi tootmisüksuses energia tagasisaamise süsteemi ehitamiseks Energiafondi abikava raames 175 miljonit Norra krooni riigiabi (vt allpool).
That award of aid was approved by the Authority by Decision No 39/11/COL [2].
Järelevalveamet kiitis abi andmise heaks otsusega nr 39/11/COL [2].
Following pre-notification discussions that were initiated in November 2012, the Norwegian authorities, by letter of 26 June 2013, notified the additional aid from Innovation Norway (‘IN’) to Finnfjord, pursuant to Article 1(3) of Part I of Protocol 3 [3].
Pärast 2012. aasta novembris alustatud teatamiseelseid arutelusid teatasid Norra ametiasutused 26. juuni 2013. aasta kirjaga vastavalt protokolli nr 3 I osa artikli 1 lõikele 3 täiendavast abist, mille Innovation Norway (edaspidi „IN“) andis äriühingule Finnfjord [3].
It is this measure that is the subject of the current decision.
Käesolev otsus käsitleb kõnealust meedet.
By letter dated 5 July 2013 [4], the Authority requested additional information from the Norwegian authorities.
5. juuli 2013. aasta kirjas [4] taotles järelevalveamet Norra ametiasutustelt lisateavet.
By letter dated 19 August 2013 [5], the Norwegian authorities responded.
Norra ametiasutused vastasid 19. augusti 2013. aasta kirjas [5].
By letter dated 28 August 2013 [6], the Authority made a further request for information.
28. augusti 2013. aasta [6] kirjas nõudis järelevalveamet lisateavet.
By letter dated 18 September 2013 [7], the Norwegian authorities responded.
Norra ametiasutused vastasid 18. septembri 2013. aasta kirjas [7].
By letter dated 13 November 2013 [8], the Authority informed the Norwegian authorities that it had adopted Decision No 445/13/COL initiating a formal investigation into the notified measure.
13. novembri 2013. aasta kirjas [8] teavitas järelevalveamet Norra ametiasutusi otsuse nr 445/13/COL vastuvõtmisest, millega algatatakse teatatud meetme ametlik uurimine.
By e-mail dated 21 February 2014 [9], the Norwegian authorities provided their comments to the decision.
Norra ametiasutused esitasid märkused selle otsuse kohta 21. veebruari 2014. aasta e-kirjas [9].
On 10 April 2014, following prolonged discussions with the Norwegian authorities and Finnfjord concerning confidential information, the decision was published in the Official Journal of the European Union and the EEA Supplement [10].
Pärast pikaleveninud arutelusid Norra ametiasutuste ja Finnfjordiga konfidentsiaalse teabe üle avaldati otsus 10. aprillil 2014 Euroopa Liidu Teatajas ja selle EMP kaasandes [10].
Finnfjord was the only third party to submit comments [11].
Ainsa kolmanda isikuna esitas märkusi Finnfjord [11].
By letter dated 13 May 2014 [12], these comments were forwarded to the Norwegian authorities.
Kõnealused märkused edastati Norra ametiasutustele 13. mai 2014. aasta kirjas [12].
By letter dated 6 June 2014 [13], the Norwegian authorities provided comments to the third party comments.
Norra ametiasutused esitasid märkused kolmanda isiku märkuste kohta 6. juuni 2014. aasta kirjas [13].
By e-mail of 25 September 2014 [14], Finnfjord provided further comments.
25. septembri 2014. aasta e-kirjas [14] esitas Finnfjord täiendavaid märkusi.
By e-mail of 8 October 2014 [15], the Authority requested further information from Finnfjord.
Järelevalveamet nõudis 8. oktoobri 2014. aasta e-kirjas [15] Finnfjordilt täiendavat teavet.
By emails of 24 and 27 October 2014 [16], Finnfjord responded.
Finnfjord vastas 24. ja 27. oktoobri 2014. aasta [16] e-kirjades.
By letter dated 27 October 2014 [17], the additional comments and information were forwarded to the Norwegian authorities.
Täiendavad märkused ja teave edastati Norra ametiasutustele 27. oktoobri 2014. aasta kirjas [17].
By letter dated 12 November 2014 [18], the Norwegian authorities responded.
Norra ametiasutused vastasid 12. novembri 2014. aasta kirjas [18].
Between November 2014 and January 2015, the Authority had informal contacts by e-mail and telephone with the Norwegian authorities and Finnfjord.
Ajavahemikus 2014. aasta novembrist kuni 2015. aasta jaanuarini pidas järelevalveamet Norra ametiasutuste ja Finnfjordiga e-kirja ja telefoni teel mitteametlikult ühendust.
The notified measure — the NOK 16 million grant
Teatatud meede – 16 miljoni Norra krooni suurune toetus
The notified proposed measure is a direct grant of NOK 16 million from IN to Finnfjord.
Teatatud meede on 16 miljoni Norra krooni suurune otsetoetus INilt Finnfjordile.
It is intended to partly cover the increase in the project's costs from NOK [680-720] million to NOK [approximately 800] million.
Toetusega kavatsetakse katta osa projekti kulude kasvust [680–720] miljonilt Norra kroonilt [ligikaudu 800] miljoni Norra kroonini.
IN informed Finnfjord of its decision to grant the notified measure by letter dated 10 December 2012.
IN teavitas Finnfjordi oma otsusest anda teatatud abi 10. detsembri 2012. aasta kirjas.
Loans from IN and SNN
Laenud INilt ja SNNilt
IN has explained that Finnfjord needed an additional NOK [80-95] million to complete the energy recovery project.
IN on selgitanud, et Finnfjord vajas energia tagasisaamise projekti lõpetamiseks täiendavalt [80–95] miljonit Norra krooni.
The NOK 16 million therefore only covered part of the cost increases.
16 miljonit Norra krooni kattis kulude kasvu ainult osaliselt.
At the same time as it provided the NOK 16 million direct grant to Finnfjord, IN also provided Finnfjord with a loan of NOK 18 million.
Samal ajal kui IN andis Finnfjordile otsetoetusena 16 miljonit Norra krooni, andis IN Finnfjordile ka 18 miljonit Norra krooni laenu.
At the time, Finnfjord had already borrowed NOK 100 million from IN in connection with the same project.
Sel ajal oli Finnfjord juba laenanud INilt 100 miljonit Norra krooni sama projektiga seoses.
None of the loans have been notified to the Authority.
Järelevalveametit nendest laenudest ei teavitatud.
IN holds that they have been granted on market terms and therefore do not involve State aid within the meaning of Article 61(1) of the EEA Agreement.
IN on seisukohal, et laenud anti turutingimustel ning ei hõlma seetõttu riigiabi EMP lepingu artikli 61 lõike 1 tähenduses.
In parallel with the NOK 18 million loan from IN, Finnfjord secured a loan of NOK [45-60] million from the financial institution SpareBank 1 Nord-Norge (‘SNN’).
Samaaegselt 18 miljoni Norra kroonise laenuga INilt sai Finnfjord [45–60] miljonit Norra krooni laenu finantseerimisasutuselt SpareBank 1 Nord-Norge (edaspidi „SNN“).
Finnfjord's existing loans from SNN in connection with the project totalled NOK [300-325] million.
SNN andis Finnfjordile seoses kõnealuse projektiga laene kokku [300–325] miljoni Norra krooni ulatuses.
In sum the NOK 16 million direct grant, and the two loans of NOK 18 million and NOK [45-60] million covered the NOK [80-95] million cost increase.
16 miljoni Norra krooni suurune otsetoetus ning kaks laenu – 18 miljonit Norra krooni ja [45–60] miljonit Norra krooni – kokku katsid [80–95] miljoni Norra krooni suuruse kulude kasvu.
Innovation Norway (‘IN’)
Innovation Norway
IN is a public entity established by the Act on Innovation Norway [19].
IN on Innovation Norway`d käsitleva seadusega [19] loodud avaliku sektori asutus.
It is owned by the Norwegian State through the Ministry of Local Government and Regional Development (51 %) and by all of the 19 Norwegian County Authorities (49 %).
See kuulub kohalike omavalitsuste ja regionaalarengu ministeeriumi (51 %) ning kõigi 19 Norra maakondliku ametiasutuse (49 %) kaudu Norra riigile.
IN is financed by public resources.
INi rahastatakse riiklikest vahenditest.
Enova SF (‘Enova’)
Enova SF
Enova SF (‘Enova’) is a state enterprise [20] wholly owned by the Norwegian State through the Ministry of Petroleum and Energy.
Enova SF (edaspidi „Enova“) on nafta- ja energeetikaministeeriumi kaudu täielikult Norra riigile kuuluv ettevõte [20].
It is responsible for managing the Energy Fund Scheme, a State aid scheme for the promotion of environmental protection approved by the Authority by Decisions No 125/06/COL [21] and No 248/11/COL [22].
Enova vastutab Energiafondi abikava juhtimise eest.
Enova is financed by public resources.
See kujutab endast järelevalveameti otsustega nr 125/06/COL [21] ja nr 248/11/COL [22] heakskiidetud keskkonnakaitse edendamisega tegelevat abikava.
Under the Energy Fund Scheme, Enova arranges competitions for aid where the winning projects are the ones with the best energy result per NOK of aid [23].
Enovat rahastatakse riiklikest vahenditest.
Finalisation of the energy recovery project and disbursement of the last tranche of aid from Enova
Enova korraldab Energiafondi abikava raames abikonkursse, kus võitjateks on projektid, kes saavutavad abina saadud ühe Norra krooni kohta kõige paremad energiatulemused [23].
Enova only disperses the last 20 % of an individual aid measure when it has approved a final project report [24].
Energia tagasisaamise projekti lõpetamine ja Enova antud abi viimase osa väljamaksmine
On 22 November 2012, the final report from Finnfjord was approved by Enova.
Enova tegi viimase, 35 miljoni Norra kroonise abimakse (20 % abi kogusummast 175 miljonit Norra krooni) 23. novembril 2012.
On 23 November 2012, Enova disbursed the last NOK 35 million of aid (20 % of the total aid amount of NOK 175 million).
Abisaaja – Finnfjord AS
The recipient — Finnfjord AS (‘Finnfjord’)
Finnfjord on piiratud vastutusega äriühingust pereettevõte.
Finnfjord is a family-owned limited liability company.
Kavandatud abist toetatud üksus asub Finnsnesis, Tromsi maakonnas, mis on Norra teine kõige põhjapoolsem maakond.
The plant supported by the proposed aid is located in Finnsnes in the County of Troms, the second northernmost county in Norway.
Kulude kasv
Cost increases
Teatises, mille tulemusena võttis järelevalveamet vastu 9. veebruari 2011. aasta otsuse nr 39/11/COL, milles kiidetakse heaks 175 miljoni Norra krooni suurune abi Enovalt Finnfjordile, prognoositi Finnfjordi energia tagasisaamise projekti eelarveks 511,66 miljonit Norra krooni.
In the notification leading to the Authority's Decision No 39/11/COL of 9 February 2011 approving NOK 175 million in aid from Enova to Finnfjord, the budget for Finnfjord's energy recovery project was estimated at NOK 511,66 million.
Abi anti olemasoleva jahutussüsteemi asendamiseks energia tagasisaamise rajatisega.
The aid was awarded for the replacement of the existing cooling system with an energy recovery unit.
Eesmärk oli toota aastas 224 GWh elektrienergiat ning regenereerida 125 GWh tehnoloogilist auru.
The intention was to annually generate 224 GWh of electrical power and recover 125 GWh of process steam.
Prognoositud aastane energiatoodang ulatus seega 349 GWh-ni.
The estimated annual energy production thus amounted to 349 GWh.
Praeguse teatise kohaselt oli prognoositud eelarve 2011. aasta veebruariks juba 190 miljoni Norra krooni võrra ületatud (511,66 miljonilt Norra kroonilt 700 miljoni Norra kroonini).
According to the current notification, by February 2011, the estimated budget had already increased by NOK 190 million from NOK 511,66 million to NOK 700 million.
Vaatamata sellisele märkimisväärsele kulude kasvule otsustas Finnfjordi juhatus 7. veebruaril 2011 projekti jätkata.
Despite this substantial increase, on 7 February 2011 Finnfjord's board decided to go ahead with the project.
Finnfjord sellel hetkel rohkem abi ei taotlenud.
Finnfjord did not at that time apply for more aid.
Teatatud abi ei ole mõeldud kulude kasvu katmiseks, mille tulemusena jõuti 700 miljoni Norra krooni suuruse prognoosini.
The notified aid is not intended to cover the cost increases that led to the NOK 700 million estimate.
Kulude kasv tulenes põhiliselt Finnfjordi otsusest keskenduda üksnes aurust elektri tootmisele (ning mitte tehnoloogilise auru regenereerimisele), hankides selleks võimsama auruturbiini.
The turbine was ordered on 7 January 2011.
Suurem elektrienergia toodang oli peaaegu sama suur kui prognoositud elektri ja auru kogutoodang 349 GWh.
A legally binding contract for the turbine was concluded on 23 February 2011.
Selle alusel taotles Finnfjord, et aurutootmine jäetaks abi saavast projektist välja.
By letter dated 16 February 2011, Finnfjord informed Enova that it had ordered the more powerful turbine which would yield an annual production of 344,5 GWh of electrical energy.
17. veebruari 2011. aasta kirjas kiitis Enova projekti muudatuse heaks.
This higher electrical energy production was thus close to the estimated total production of 349 GWh of electricity and steam.
Finnfjord edastas kogu projekti vältel Enovale aruandeid projekti edenemise kohta.
On that basis, Finnfjord requested the exclusion of the steam production from the aided project.
Oma 30. aprilli 2012. aasta aruandes viitas Finnfjord edasisele kulude kasvule, mis oli seotud turbiini ehitamise, auru- ja kondensatsioonitorude ning kraavidega.
By letter dated 17 February 2011, Enova approved the change to the project.
Täiendavad kulud ulatusid ligikaudu 5 miljoni Norra kroonini.
Throughout the project phase, Finnfjord supplied Enova with progress reports.
Finnfjordi eesmärk oli hoida projekti kogukulud siiski allpool 700 miljonit Norra krooni.
In its report dated 30 April 2012, Finnfjord referred to further cost increases related to the turbine building, steam and condensation pipes, and ditches.
29. juuni 2012. aasta aruandes prognoositi kogukuludeks endiselt 700 miljonit Norra krooni.
The additional costs amounted to approximately NOK 5 million.
Selleks hetkeks prognoositi siiski, et projektiga kaasnevad kulud suurenevad täiendavalt [5–10] miljoni Norra krooni võrra.
Finnfjord still aimed at keeping the total project costs below the NOK 700 million estimate.
Norra ametiasutused selgitasid, et Finnfjord hakkas mingil hetkel 2012. aasta kevadel arutama Enovaga mitteametlikult võimalusi saada kulude kasvu katmiseks täiendavat abi.
However, by that time, it was estimated that the project would incur an additional NOK [5-10] million in increased costs.
Samal ajal tõstis Finnfjord kogukulude prognoosi [730–760] miljoni Norra kroonini.
This cost increase was discussed by Finnfjord's board in a meeting on 19 June 2012.
Järelevalveametile esitatud teabest järeldub, et Finnfjord otsustas 31. juulil 2012. aastal lõpetatud eelarve läbivaatamise alusel, et projektiga kaasnevad täiendavad kulud ning kogukulude prognoosi suurendati vahemikus [740] miljonit Norra krooni kuni [ligikaudu 800] miljonit Norra krooni.
The Norwegian authorities have not explained why the total cost increase of NOK [10-15] million ([…]) did not lead to an adjustment of the total cost estimate of NOK 700 million in the progress report of 29 June 2012.
Kulude kasv oli seotud järgmiste asjaoludega: olemasolevate masinate kohandamine, kolme olemasoleva ahju kohandamine, suitsutorustike kohandamine, turbiinihoone ja teiste hoonete seadmed, arvatust pikemad tootmispuudujäägid ning tööde ja seadmete paigaldamise lõpuleviimine.
The Norwegian authorities have explained that Finnfjord, at one point during the spring of 2012 entered into informal discussions with Enova about obtaining additional aid to cover the increased project costs.
Finnfjord taotles Enovalt täiendavat abi, et tagada projekti kasumlikkusele seatud sisenõuete täitmine.
On 5 July 2012, following the informal contacts, Finnfjord formally applied for additional aid from Enova.
Finnfjord selgitas kulude kasvu põhjuseid 12. septembri 2012. aasta aruandes.
At that time, Finnfjord had revised its total cost estimate to NOK [730-760] million.
2012. aasta augusti alguses arutas Finnfjord Enovaga mitteametlikult kolmanda ahju tööde võimalikku edasilükkamist ning selle klassifitseerimist eraldi projektina eesmärgiga taotleda Enovalt rohkem abi, kuna tegemist on uue projektiga.
The information provided to the Authority indicates that Finnfjord, on the basis of a budget review finalised on 31 July 2012, had concluded that the project would incur additional costs and the total cost estimate was increased to between NOK [740] million and NOK [approximately 800] million.
20. augusti 2012. aasta kirjas lükkas Enova abitaotluse tagasi.
The cost increases related to: adaptations of existing machinery, adaptations of three existing furnaces, adaptations of smoke ducts, installations in the turbine building and other buildings, longer production shortfalls than expected, and finalisation of the work and the installations.
Finnfjordi juhatuse koosolekul 25. septembril 2012 seati kogukulude prognoos tasemele [ligikaudu 800] miljonit Norra krooni.
Finnfjord requested additional aid from Enova to ensure that the project would meet its internal requirements of profitability.
Nimetatud koosolekul arutas Finnfjordi juhatus kolme erinevat tegevussuunda:
Finnfjord elaborated on the reasons for the cost increases in its progress report dated 12 September 2012.
projekti lõpetamine, rahastades kulude kasvu äriühingu üldise rahavoo kaudu;
In early August 2012, Finnfjord informally discussed with Enova the potential postponement of the works on the third furnace and classifying it as a separate project in order to apply for more aid from Enova on the basis of it being a new project.
kolmanda ahju ehitustööde edasilükkamine, selle eraldi projektina klassifitseerimine ning Enovalt täiendava abi taotlemine;
By letter dated 20 August 2012, Enova rejected the application for aid.
Enovalt (abi), SNNilt (laen) ja INilt (laen ja abi) projekti lõpule viimiseks [80–95] miljoni Norra krooni ulatuses täiendava rahastamise saamine.
When Finnfjord's board met on 25 September 2012 the total cost estimate had been set to NOK [approximately 800] million.
Juhatus otsustas kolmanda valikuvõimaluse kasuks.
In that meeting Finnfjord's board considered three alternative courses of action:
IN on esitanud järelevalveametile väljavõtte juhatuse koosoleku protokollist, mis käsitleb kolmandat valikuvõimalust.
Completing the project by financing the cost increases by way of the company's general cash flow.
Enovale ja INile esitatud täiendavat abi käsitlevate taotlustega seoses märgitakse väljavõttes järgmist:
Postponing the works on the third furnace, classifying it as a separate project and applying for more aid from Enova.
„Võimalikke toetusi/laene Enovalt ning [INilt] kasutatakse otseselt [SNNilt] taotletud likviidsuslaenu vähendamiseks.“ [26](28) INi andmeil järeldas juhatus, et esimene valikuvõimalus tähendaks põhimõtteliselt seda, et projekti rahastataks Finnfjordi võlausaldajate kulul, mis ei ole õiguslikult soovitatav ega pikemas perspektiivis jätkusuutlik lahendus.
Obtaining NOK [80-95] million of additional financing from Enova (aid), SNN (loan) and IN (loan and aid) in order to complete the project.
Samuti ei pidanud juhatus INi sõnul teist valikuvõimalust jätkusuutlikuks, kuna järeldati, et kolmanda ahju ehitustööde edasilükkamine oleks ülemäära kulukas.
The board decided to proceed according the third alternative.
Norra ametiasutused selgitasid oma märkustes järelevalveameti otsusele algatada ametlik uurimismenetlus, et lõplik kogukulu ulatus [ligikaudu 800] miljoni Norra kroonini.
IN has provided the Authority with an extract of the board meeting protocol regarding the third alternative.
Norra ametiasutused ei selgitanud, millal selline summa lõplikult kinnitati.
Concerning the applications to Enova and IN for more aid the extract provides the following:
Kulude kasvu ülevaade
‘Potential grants/loans from Enova and [IN] will be used directly to reduce the liquidity loan applied for [from SNN].’ [26].(28) According to IN, the board concluded that the first course of action would essentially mean that the project would be financed at the expense of Finnfjord's creditors, which would be legally unadvisable and not a tenable solution in the long term.
Kuupäev, toiming
Also, according to IN, the board did not consider the second alternative a viable course of action as it concluded that the postponement of the works on the third furnace would be prohibitively expensive.
Prognoositav eelarve miljonites Norra kroonides
In their comments to the Authority's decision to open the formal investigation, the Norwegian authorities have clarified that the final total cost amounted to NOK [approximately 800] million.
9. veebruari 2011. aasta otsuses nr 39/11/COL kirjeldatud esialgne eelarve
The Norwegian authorities have not clarified when this was finally settled.
7. veebruar 2011, Finnfjordi juhatuse koosolek
Overview of the cost increases
[680–720]
Date, event
5. juuli 2012, Finnfjord taotleb Enovalt rohkem abi
Estimated budget in NOK million
[730–760]
Initial budget as described in Decision No 39/11/COL of 9 February 2011
31. juuli 2012, Finnfjordi eelarve läbivaatamine
7 February 2011, Finnfjord board meeting
[740–790]
[680-720]
september 2012, Finnfjordi juhatuse koosolek
5 July 2012, Finnfjord applies to Enova for more aid
Lõplik kogukulu
[730-760]
[ligikaudu 800]
31 July 2012, Finnfjord budget review
INi poolt abi andmine ja [80–95] miljoni Norra krooni suurune pakett
[740-790]
28. augustil 2012. aastal alustas Finnfjord mitteametlikku dialoogi INi ja SNNiga, et saada [80–95] miljoni Norra krooni ulatuses vahendeid projekti lõpuleviimiseks.
25 September 2012, Finnfjord board meeting
Finnfjord taotles 1. oktoobri 2012. aasta kirjas SNNilt ametlikult täiendavaid laene.
Final total cost
Finnfjord taotles 11. oktoobril 2012 INilt täiendavaid laene ja toetusi, täpsustamata seejuures summat.
[approximately 800]
Tundub, et SNN oli enne 2012. aasta oktoobri keskpaika pakkunud Finnfjordile laenu summas [80–95] miljonit Norra krooni.
IN's award of aid and the NOK [80-95] million package
SNNi pakkumise tingimuseks oli tagatise kasutamine INilt saadud olemasoleva laenu tagatise katteks [27].
On 28 August 2012, Finnfjord initiated an informal dialogue with IN and SNN in order to obtain the NOK [80-95] million necessary to finance the completion of the project.
IN sellise lahendusega ei nõustunud.
By letter dated 1 October 2012, Finnfjord formally applied for additional loans from SNN.
Selle asemel leppisid Finnfjord, SNN ja IN kokku järgmises [80–95] miljoni Norra krooni suuruses rahastamispaketis:
Finnfjord applied for additional loans and grants from IN on 11 October 2012, without specifying an aid amount.
16 miljoni Norra krooni suurune abi INilt;
It appears that SNN prior to mid-October 2012 had offered Finnfjord a loan of NOK [80-95] million.
lühiajaline 18 miljoni Norra krooni suurune laen INilt, mille intress on [5–9] % (kohandatav vastavalt IN riskilaenu poliitikale), pari passu tagatis olemasoleva INilt saadud 100 miljoni Norra krooni suuruse laenu katteks;
However, SNN made the offer conditional on collateralisation to the detriment of the collateralisation of a pre-existing loan from IN [27].
lühiajaline [45–60] miljoni Norra krooni suurune laen SNNilt, mille intressimäär on […] kuuks (NIBOR) [28] + [300–600] baaspunkti pari passu tagatis olemasoleva SNNilt saadud [300–325] miljoni Norra krooni suuruse laenu katteks.
IN did not accept this solution.
Kuigi INi ja SNNi laenud on välja makstud, makstakse 16 miljoni Norra krooni suurune abi Finnfjordile välja alles pärast seda, kui järelevalveamet on selle heaks kiitnud.
Finnfjord, SNN and IN instead negotiated the following NOK [80-95] million financing package:
Märkused
A short-term loan of NOK 18 million from IN with a rate of [5-9] % (adjustable in accordance with IN risk loan policy) collateralised pari passu with a pre-existing loan of NOK 100 million from IN.
IN rõhutab, et ajal, kui ta otsustas tingimuslikult anda abi summas 16 miljonit Norra krooni, ei kaalunud ta raha laenamist Finnfjordile, kuna ettevõtjal puudus piisav tagatis, mis kataks uusi laene kuni [80–95] miljoni Norra kroonini.