natgillin/translations-raw huggingface dataset:
As this scenario did in fact materialise during 2010, this risk of further mounting non-paid liabilities vis-à-vis the State was even clearer at the beginning of 2011 when, after expiry of the Act, the creditors' committee decided to continue NCHZ's operation.
Budući da se taj scenarij doista ostvario tijekom 2010., rizik od daljnjeg rasta neplaćenih obveza prema državi bio je još jasniji početkom 2011. kad je, nakon prestanka važenja Zakona, odbor vjerovnika odlučio nastaviti poslovanje NCHZ-a.
In fact, the creditors of NCHZ were specifically alerted to this issue by the administrator.
Zapravo je upravitelj izričito upozorio vjerovnike NCHZ-a na taj problem.
The continued operation of the company in bankruptcy led to mounting debt to the State.
Nastavak poslovanja društva u stečaju doveo je do porasta duga prema državi.
The amount of the unpaid debt that accumulated over the period of the bankruptcy proceedings (2009-2012) totals more than EUR 13,3 million.
Iznos neplaćenog duga koji se nagomilao tijekom stečajnog postupka (od 2009. do 2012.) iznosi više od 13,3 milijuna EUR.
It should also be noted that the accumulated public liabilities are unlikely to be fully recovered from the proceeds of the sale of the business of NCHZ (EUR 2,2 million sales price and […] return of […]).
Potrebno je napomenuti i da nije vjerojatno da će se nagomilane javne obveze u potpunosti vratiti iz prihoda od prodaje poslovanja društva NCHZ (prodajna cijena od 2,2 milijuna EUR i […] povrata od […]).
Indeed, so far only around EUR 4,0 million of claims by public entities have been repaid from the proceeds of the sale.
Doista, dosad je samo oko 4,0 milijuna EUR tražbina javnih tijela vraćeno prihodima od prodaje.
Application of the Act to NCHZ
Primjena Zakona na NCHZ
For 13 months (from the entry into force of the Act on 1 December 2009 until its expiry on 31 December 2010), the application of the Act to NCHZ provided the basis for the continued operation of NCHZ despite the fact that the costs of operating the business were consistently higher than the revenue obtained from it, thereby resulting in mounting debt.
Primjena Zakona na NCHZ u trajanju od 13 mjeseci (od stupanja Zakona na snagu 1. prosinca 2009. do njegova prestanka važenja 31. prosinca 2010.) bila je temelj za nastavak poslovanja NCHZ-a unatoč činjenici da su troškovi poslovanja stalno premašivali prihode od poslovanja, što je rezultiralo rastom duga.
In line with Section 5(a) of the Act, the bankruptcy administrator was obliged to secure the operation of a company declared by the Government as being strategically important.
U skladu s člankom 5. točkom (a) Zakona, stečajni upravitelj bio je obvezan osigurati poslovanje društva koje je Vlada proglasila trgovačkim društvom od strateškog značenja.
In his reply to a request for information the administrator stated that the continuation of the operation of the bankrupt company was a necessary consequence of compliance with his obligations stemming directly from the Act.
U svojem odgovoru na zahtjev za dostavu informacija upravitelj je naveo da je nastavak poslovanja društva u stečaju bio nužna posljedica poštivanja njegovih obveza koje proizlaze izravno iz Zakona.
Thus, NCHZ was able to continue operating and to maintain its business relationships despite being in a situation in which the administrator would have been obliged to consider the possibility of stopping operations and winding up the business (because it was not able to pay all of its debts).
Stoga je NCHZ mogao nastaviti poslovati i održavati poslovne odnose unatoč tome što se nalazio u situaciji u kojoj bi upravitelj bio obvezan razmotriti mogućnost prekida poslovanja i likvidacije poduzeća (jer nije bilo u mogućnosti platiti sve dugove).
Transfer of state resources and imputability
Prijenos državnih sredstava i pripisivost
As indicated above, Slovakia adopted the Act and declared NCHZ to be a strategic company on the basis of that Act.
Kako je prethodno navedeno, Slovačka je donijela Zakon i proglasila NCHZ društvom od strateškog značenja na temelju tog Zakona.
Therefore, the administrator was obliged by application of the Act to continue the operation of NCHZ during the bankruptcy proceedings.
Stoga je upravitelj primjenom Zakona bio obvezan nastaviti poslovanje NCHZ-a tijekom stečajnog postupka.
By virtue of that declaration, the operation of the company was maintained even though there was a clear risk (which indeed materialised) that the revenue would not be sufficient to cover the costs of the operation of the business during bankruptcy, including the social security contributions and other liabilities vis-à-vis the State.
Na temelju tog proglašenja poslovanje društva održano je iako je postojao jasan rizik (koji se doista ostvario) da prihodi neće biti dovoljni za pokrivanje troškova poslovanja tijekom stečaja, uključujući doprinose za socijalno osiguranje i druge obveze prema državi.
Consequently, this foreseeable risk of accumulation of non-paid liabilities towards the State could have been prevented by the State, by exercising its discretion under the Act and not granting NCHZ the status of strategic company, which obliged the administrator to continue operation of NCHZ's business during the bankruptcy proceedings.
Posljedično, država je mogla spriječiti taj predvidivi rizik gomilanja neplaćenih obveza prema državi ostvarivanjem svojeg diskrecijskog prava na temelju Zakona time što ne bi dodijelila društvu NCHZ status društva od strateškog značenja, što je upravitelja obvezalo na nastavak poslovanja NCHZ-a tijekom stečajnog postupka.
Moreover, the continuation of operations and the accumulation of additional liabilities as a consequence of the application of the Act made it more difficult for the existing public creditors of NCHZ to recover their existing claims.
Nadalje, zbog nastavka poslovanja i gomilanja dodatnih obveza kao posljedice primjene Zakona postojećim javnim vjerovnicima NCHZ-a otežan je povrat postojećih tražbina.
Therefore, the Commission concludes that declaring NCHZ to be a strategic company led to a transfer of state resources within the meaning of Article 107(1) TFEU.
Stoga Komisija zaključuje da se proglašenjem NCHZ-a društvom od strateškog značenja dovelo do prijenosa državnih sredstava u smislu članka 107. stavka 1. UFEU-a.
This transfer occurred in the form of foregone revenue from social security contributions and other public claims not honoured by NCHZ during the period when the Act applied to it.
Taj je prijenos nastao u obliku izgubljenog prihoda od doprinosa za socijalno osiguranje i drugih javnih tražbina koje NCHZ nije podmirio u razdoblju u kojem se Zakon primjenjivao na njega.
The Commission also notes that the decision to declare NCHZ a strategic company was adopted by the Government and is therefore clearly attributable to the Slovak State.
Komisija napominje i da je odluku o proglašenju NCHZ-a društvom od strateškog značenja donijela Vlada i da je ona stoga jasno pripisiva Slovačkoj.
The application of the Act to NCHZ provided it with an economic advantage, as it protected the company from the normal course of bankruptcy proceedings under the standard bankruptcy legislation.
Primjenom Zakona na NCHZ to je društvo dobilo ekonomsku prednost jer je njime društvo zaštićeno od uobičajenog tijeka stečajnog postupka na temelju standardnog stečajnog zakonodavstva.
For almost 13 months, NCHZ continued its operations exclusively by virtue of the application of the Act.
Gotovo 13 mjeseci NCHZ nastavio je poslovati isključivo na temelju primjene Zakona.
The bankruptcy administrator had to ensure the operation of the undertaking even if its revenue did not fully cover its operating costs including taxes or social security contributions.
Stečajni upravitelj morao je osigurati poslovanje poduzeća čak i ako se njegovim prihodima nisu u potpunosti pokrivali operativni troškovi, uključujući poreze ili doprinose za socijalno osiguranje.
The application of the Act thus deprived the administrator and the creditors of their discretion to decide whether the continued operation of the company was economically advantageous.
Primjenom Zakona upravitelj i vjerovnici tako su ostali bez diskrecijskog prava na odlučivanje o tome je li nastavak poslovanja društva ekonomski povoljan.
Due to the loss-making character of the continued operations, NCHZ was not able to fully pay its liabilities, including social security and health insurance contributions for its employees and other liabilities towards various state entities during the bankruptcy proceedings.
Budući da su nastavkom poslovanja stvoreni gubitci, NCHZ nije mogao u potpunosti platiti svoje obveze, uključujući doprinose za socijalno i zdravstveno osiguranje za svoje zaposlenike i ostale obveze prema različitim državnim subjektima tijekom stečajnog postupka.
The application of the Act to NCHZ required the administrator to: (i) ensure the operation of NCHZ and (ii) prevent an unjustified collective dismissal of employees.
Zbog primjene Zakona na NCHZ upravitelj je morao i. osigurati poslovanje NCHZ-a i ii. spriječiti neopravdano kolektivno otpuštanje zaposlenika.
On that basis, the administrator himself stated that on the basis of the application of the Act he was obliged to continue operating NCHZ in full, without any possibility of analysing alternatives and choosing the one most advantageous for the creditors of the company in bankruptcy.
Na temelju toga upravitelj je sam izjavio da je zbog primjene Zakona bio obvezan u potpunosti nastaviti poslovanje NCHZ-a, bez mogućnosti za analizu drugih alternativa i odabir one koja je najpovoljnija za vjerovnike društva u stečaju.
While the Act was in force, no creditors' meeting deciding on the economic future of NCHZ could take place and no analysis was made to assess whether the continued operation of NCHZ was at that stage in the creditors' interest.
Dok je Zakon bio na snazi nije se mogao održati sastanak vjerovnika na kojem bi se odlučivalo o ekonomskoj budućnosti društva NCHZ i nije provedena analiza u pogledu toga je li nastavak poslovanja NCHZ-a u toj fazi u interesu vjerovnika.
Only when the Act was about to expire did the administrator commission a comprehensive economic analysis and call a meeting of the company's creditors to decide whether to continue operating NCHZ or not.
Tek netom prije nego što je Zakon trebao prestati važiti upravitelj je naručio opsežnu ekonomsku analizu i sazvao sastanak vjerovnika društva kako bi se odlučilo o nastavku poslovanja NCHZ-a.
In addition, the application of the Act to NCHZ was based, not on considerations which the company's creditors would have taken into account, but on other public policy considerations.
Usto, primjena Zakona na NCHZ nije temeljena na razmatranjima koja bi vjerovnici društva uzeli u obzir, nego na drugim razmatranjima povezanima s javnom politikom.
The explanatory memorandum to the Government Decision of 2 December 2009 declaring NCHZ a strategic company under the Act mentions the threat of 1700 jobs being lost directly at NCHZ and an additional 5000 jobs being lost at NCHZ's suppliers if the company closed down.
U obrazloženju Odluke Vlade od 2. prosinca 2009. kojom se NCHZ proglašava društvom od strateškog značenja na temelju zakona navodi se opasnost od izravnog gubitka 1700 radnih mjesta u NCHZ-u i dodatnih 5000 radnih mjesta kod dobavljača NCHZ-a u slučaju zatvaranja društva.
It also states that stopping production at NCHZ would negatively affect the performance and competitiveness of the whole chemical industry in Slovakia and thus significantly worsen the position of the whole Slovak economy.
U njemu se navodi i da bi se zaustavljanjem proizvodnje u NCHZ-u negativno utjecalo na rezultate i konkurentnost cijele kemijske industrije u Slovačkoj, čime bi se znatno pogoršao položaj cijelog slovačkog gospodarstva.
The application of the Act to NCHZ by the Government was, therefore, evidently not justified on the basis of the market economy creditor principle.
Vladina primjena Zakona na NCHZ stoga očito nije bila opravdana na temelju načela vjerovnika u tržišnom gospodarstvu.
Slovakia maintains that, although no decision was taken either by the creditors or the court during the first period, it is likely that the creditors would have decided to continue operating NCHZ even if the Act had not been applied to it.
Iako ni vjerovnici ni sud u prvom razdoblju nisu donijeli odluku, Slovačka smatra da je vjerojatno da bi vjerovnici odlučili nastaviti poslovanje NCHZ-a čak i da se Zakon nije primjenjivao na njega.
Slovakia refers to a preliminary analysis of 26 October 2009 and public statements made by the administrator in October 2009 (i.e. before the Act entered into force) indicating that the continued operation of NCHZ was his preferred option.
Slovačka upućuje na preliminarnu analizu od 26. listopada 2009. i javne izjave upravitelja iz listopada 2009. (tj. prije stupanja Zakona na snagu) u kojima je vidljiva njegova sklonost nastavku poslovanja NCHZ-a.
However, the preliminary analysis by the administrator is rather sketchy, does not contain any analysis of alternative options (sale of assets or liquidation) and cannot therefore be considered a solid basis that the creditors would have used for deciding on the continued operation of NCHZ.
Međutim, preliminarna analiza upravitelja prilično je površna, ne sadržava analizu alternativnih opcija (prodaja imovine ili likvidacija) i stoga se ne može smatrati čvrstim temeljem za odluku vjerovnika o nastavku poslovanja NCHZ-a.
Furthermore, in December 2009 the court replaced the original administrator of NCHZ with a new one, who might have reached a different conclusion on the basis of a more in-depth assessment.
Nadalje, u prosincu 2009. sud je zamijenio izvornog upravitelja NCHZ-a novim upraviteljem koji je mogao doći do drukčijeg zaključka na temelju detaljnije procjene.
However, any further assessment of the issue was suspended by the entry into force of the Act and thus the creditors and the court were given no opportunity to discuss and decide on the matter from the point of view of their economic interests.
Međutim, sve su daljnje procjene obustavljene stupanjem Zakona na snagu i stoga vjerovnici i sud nisu dobili priliku za raspravu i odluku o tom pitanju sa stajališta svojih ekonomskih interesa.
Although the creditors and the court decided to continue operating NCHZ after the Act expired, this decision was taken in a different economic situation and was based on a significantly more complex and solid economic assessment produced in December 2010 in view of the expiry of the Act.
Iako su vjerovnici i sud odlučili nastaviti poslovanje NCHZ-a nakon prestanka važenja Zakona, ta je odluka donesena u drukčijim gospodarskim okolnostima i temeljena je na znatno složenijoj i čvršćoj ekonomskoj procjeni sastavljenoj u prosincu 2010. uoči prestanka važenja Zakona.
That analysis primarily had to take into account that following the first period NCHZ had outstanding liabilities (both public and private) from its previous continued operation totalling EUR 16 million and these had priority over any pre-bankruptcy liabilities.
U toj je analizi najprije bilo potrebno uzeti u obzir da je nakon prvog razdoblja NCHZ imao nepodmirene obveze (javne i privatne) iz prethodno nastavljenog poslovanja koje su iznosile ukupno 16 milijuna EUR i koje su imale prioritet pred obvezama nastalima prije stečaja.
Therefore, the situation for the creditors was not the same as at the beginning of the bankruptcy proceedings when a large part of those liabilities had not yet been incurred.
Stoga okolnosti za vjerovnike nisu bile iste kao na početku stečajnog postupka kad velik dio tih obveza još nije nastao.
In addition, the uncertainty automatically entailed in decision-making under the standard bankruptcy rules was removed by the application of the Act to NCHZ, which guaranteed that at least until the Act expired at the end of 2010 NCHZ would be fully operational.
Usto, nesigurnost koja je automatski sadržana u donošenju odluke na temelju standardnih pravila o stečaju uklonjena je primjenom Zakona na NCHZ, čime se zajamčilo da će, barem do prestanka važenja Zakona krajem 2010., NCHZ poslovati u potpunosti.
This sent a strong signal to the company's suppliers and customers, who were assured that they could keep trading with NCHZ, because the company would, owing to its strategic company status under the Act, remain fully operational.
Time je poslan jasan signal dobavljačima i klijentima društva koji su bili uvjereni da će moći nastaviti trgovati s NCHZ-om jer će društvo, zahvaljujući statusu društva od strateškog značenja na temelju Zakona, u potpunosti nastaviti s poslovanjem.
Since security of supply is an important element for customers in the chemical sector, the application of the Act provided a significant advantage to NCHZ as compared with the standard bankruptcy procedure.
Budući da je sigurnost opskrbe važan element za klijente u kemijskom sektoru, primjenom Zakona ostvarena je znatna prednost za NCHZ u odnosu na standardni stečajni postupak.
It gave NCHZ's customers significantly more assurance that, despite any further losses and irrespective of the views and interests of its creditors, NCHZ would continue operating at least until the Act expired.
To je klijentima NCHZ-a zajamčilo da će, unatoč daljnjim gubitcima i bez obzira na mišljenja i interese vjerovnika, NCHZ nastaviti poslovati barem do prestanka važenja Zakona.
NCHZ thus received privileged treatment compared with its competitors in a similar situation.
NCHZ je stoga dobio povlašteni tretman pred svojim konkurentima u sličnoj situaciji.
The risk of customers switching to other suppliers as a result of bankruptcy is not just a hypothetical one.
Rizik da će klijenti prijeći drugim dobavljačima kao posljedica stečaja nije samo hipotetski.
In fact, even with the shield provided by the application of the Act, some customers were lost in 2009 and 2010, as indicated in the administrator's economic analysis produced after the Act expired.
Točnije, čak i uz zaštitu osiguranu primjenom Zakona, neke se klijente izgubilo 2009. i 2010., kako je navedeno u ekonomskoj analizi upravitelja sastavljenoj nakon prestanka važenja Zakona.
Without the application of the Act the risk that even more sales would be lost owing to the uncertainties created by the bankruptcy proceedings would have been significantly higher.
Bez primjene Zakona rizik od još većeg smanjenja prodaje zbog nesigurnosti nastalih stečajnim postupkom bio bi znatno veći.
This would also have increased the risk that the creditors might view the continued operation of NCHZ as no longer making economic sense.
Time bi se povećao i rizik da će vjerovnici smatrati da nastavak poslovanja NCHZ-a nije razborit u gospodarskom smislu.
Slovakia provided a hypothetical analysis by the administrator based on the methodology used for the analysis in the second period which shows that, if liquidation had been considered at the beginning of the first period, the outcome of the analysis would not have been different from the outcome of the analysis in the second period.
Slovačka je dostavila upraviteljevu hipotetsku analizu temeljenu na metodologiji upotrijebljenoj za analizu u drugom razdoblju koja pokazuje da ishod analize ne bi bio različit od ishoda analize u drugom razdoblju da se likvidacija razmatrala na početku prvog razdoblja.
Regardless of the lower level of current liabilities totalling EUR 8,5 million, the proceeds from liquidation would not have been greater than the costs and the current liabilities.
Bez obzira na nižu razinu kratkoročnih obveza koje ukupno iznose 8,5 milijuna EUR, prihodi od likvidacije ne bi bili veći od troškova i kratkoročnih obveza.
However, this analysis is very brief and hypothetical and was produced by the administrator only after the event [14], as it was not drawn up and submitted until March 2014.
Međutim, ta je analiza vrlo sažeta i hipotetska te ju je upravitelj sastavio tek nakon događaja [14], izrađena i dostavljena je tek u ožujku 2014.
Slovakia has not demonstrated that the continued operation of NCHZ would really have been approved at the beginning of the bankruptcy period on the basis of a proper in-depth analysis and discussion by all the stakeholders, even if the Act had not been applied to NCHZ.
Slovačka nije dokazala da bi nastavak poslovanja društva NCHZ stvarno bio odobren na početku stečajnog razdoblja na temelju ispravne detaljne analize i rasprave svih dionika, čak i da Zakon nije bio primijenjen na NCHZ.
In fact, if the Act had not been applied to NCHZ, the company would have faced additional negative consequences (such as customers switching to safer suppliers), which would have significantly increased the risk of the creditors opting to discontinue operation at that stage.
Točnije, da Zakon nije bio primijenjen na NCHZ, društvo bi se suočilo s dodatnim negativnim posljedicama (kao što je prelazak klijenata na sigurnije dobavljače), čime bi se znatno povećao rizik da vjerovnici u toj fazi odluče prekinuti poslovanje.
The application of the Act thus provided NCHZ with a selective economic advantage, as it protected the company from the normal course of the bankruptcy proceedings under the standard bankruptcy legislation.
Primjenom Zakona na NCHZ to je društvo stoga dobilo selektivnu ekonomsku prednost jer je njime društvo bilo zaštićeno od uobičajenog tijeka stečajnog postupka na temelju standardnog stečajnog zakonodavstva.
It deprived the administrator, the creditors and the court of the possibility of discontinuing operation of NCHZ or making significant staff cuts (see recital 27), either at the beginning of the bankruptcy proceedings or later on (i.e. in the course of 2010) in view of developments in NCHZ's economic situation.
Zbog njega su upravitelj, vjerovnici i sud ostali bez mogućnosti prekidanja poslovanja NCHZ-a ili provođenja znatnijih smanjenja broja zaposlenika (vidjeti uvodnu izjavu 27.), na početku stečajnog postupka ili kasnije (tj. tijekom 2010.), s obzirom na kretanja u gospodarskim okolnostima NCHZ-a.
It also provided NCHZ and third parties (such as customers and suppliers) with a certainty of continued operation, which under standard bankruptcy rules is never guaranteed.
Na temelju njega NCHZ i treće strane (kao što su klijenti i dobavljači) mogli su biti sigurni u nastavak poslovanja, koji nikad nije zajamčen na temelju standardnih pravila o stečaju.
In the light of the above, the Commission takes the view that the application of the Act provided NCHZ with an undue economic advantage.
S obzirom na navedeno, Komisija zauzima stajalište da je zbog primjene Zakona NCHZ dobio neopravdanu ekonomsku prednost.
Selectivity of the measure
Selektivnost mjere
The decision to apply the Act to NCHZ, thereby guaranteeing its continued operation, is an individual measure adopted by the Government specifically concerning NCHZ and is therefore, by definition, selective.
Odluka o primjeni Zakona na NCHZ, čime se jamči nastavak njegova poslovanja, pojedinačna je mjera koju je donijela Vlada i koja se posebno odnosi na NCHZ te je stoga, prema definiciji, selektivna.
The Slovak authorities argue that the Act was a general measure applicable to all companies fulfilling the criteria laid down in it.
Slovačka nadležna tijela tvrde da je Zakon bio općenita mjera primjenjiva na sva društva koja ispunjuju kriterije navedene u njemu.
Leaving aside the fact that the relevant measure is not the Act itself but its application to NCHZ by the Government's decision, the Commission notes that in accordance with the established case-law of the EU courts the fact that the Act was a general measure does not exclude the possibility of it conferring a selective advantage on a particular entity.
Neovisno o činjenici da relevantna mjera nije sam Zakon, nego njegova primjena na društvo NCHZ odlukom Vlade, Komisija napominje da se, u skladu s ustaljenom sudskom praksom sudova u EU-u, činjenicom da je Zakon bio općenita mjera ne isključuje mogućnost da je njime određenom subjektu dodijeljena selektivna prednost.