natgillin/translations-raw huggingface dataset:
First, even though the Act was a general legislative measure the circumstances of the case suggest that it was in fact aimed specifically at NCHZ (some press articles even dubbed the Act ‘lex NCHZ’).
Kao prvo, iako je Zakon bio opća zakonodavna mjera, okolnosti predmeta daju naslutiti da je on doista bio usmjeren posebno na NCHZ (u nekim novinskim člancima Zakon je čak nazvan „lex NCHZ”).
The Act was adopted one month after the company was declared bankrupt and NCHZ was the only company to which the Act was applied.
Zakon je donesen jedan mjesec nakon proglašenja stečaja društva i NCHZ je bio jedino društvo na koje je Zakon primijenjen.
Second, for the Act to be applied to a given company, a decision by the Government declaring the company to be ‘strategic’ was required, as the Act did not apply automatically to every company fulfilling the conditions set out in Section 1(2) of the Act.
Kao drugo, za primjenu Zakona na određeno društvo bila je potrebna odluka Vlade kojom se društvo proglašava „društvom od strateškog značenja” jer se Zakon nije automatski primjenjivao na svako društvo koje ispunjuje uvjete navedene u članku 1. stavku 2. Zakona.
In addition, in view of the general wording of those conditions, the Government had significant discretion regarding which companies it considered strategic [15].
Usto, zbog općenitog teksta tih uvjeta, Vlada je imala znatnu slobodu odlučiti koja društva smatra društvima od strateškog značenja [15].
Therefore, the Commission considers that the measure allowing the accumulation of NCHZ's unpaid debts to the State constitutes a selective measure within the meaning of Article 107(1) TFEU.
Stoga Komisija smatra da mjera kojom se dopušta gomilanje neplaćenih dugova društva NCHZ prema državi predstavlja selektivnu mjeru u smislu članka 107. stavka 1. UFEU-a.
The continued operation of NCHZ by virtue of the application of the Act had the effect of reducing costs that NCHZ would otherwise have had to bear.
Nastavak poslovanja društva NCHZ primjenom Zakona imao je učinak smanjenja troškova koje bi NCHZ u suprotnom morao snositi.
The operation of NCHZ did not yield sufficient revenue to cover all operating costs, including social security contributions and other state receivables incurred during the bankruptcy proceedings.
Poslovanjem NCHZ-a nisu ostvareni dovoljni prihodi za pokrivanje svih operativnih troškova, uključujući doprinose za socijalno osiguranje i druga potraživanja države nastala tijekom stečajnog postupka.
Despite its inability to cover all its liabilities, and in particular those vis-à-vis the State (which remained unpaid for the 13 months that the Act was in force), NCHZ remained active on the market offering its products in competition with other European chemical producers.
Unatoč nemogućnosti da pokrije sve svoje obveze, a posebno one prema državi (koje nisu plaćene tijekom 13 mjeseci koliko je Zakon bio na snazi), NCHZ je ostao aktivan na tržištu i nudio svoje proizvode u konkurenciji s drugim europskim proizvođačima kemikalija.
Moreover, as described above, the application of the Act provided NCHZ with economic advantages not enjoyed by other companies in a similar situation.
Nadalje, kako je prethodno opisano, zbog primjene Zakona NCHZ je dobio ekonomsku prednost koju nisu imala druga društva u sličnim okolnostima.
In particular, it was likely to significantly reduce the risks of losing customers and suppliers during the bankruptcy proceedings.
Točnije, zbog nje je bilo vjerojatno da će se znatno smanjiti rizik gubitka klijenata i dobavljača tijekom stečajnog postupka.
The fact that the company was obliged, under the Act, to continue operations encouraged the business partners of NCHZ to maintain their relationship with the company.
Činjenica da je društvo na temelju Zakona bilo obvezno nastaviti s poslovanjem potakla je poslovne partnere NCHZ-a da održe svoj odnos s njim.
The security of supply for NCHZ customers, particularly important in the chemical industry, was ensured through the continued operation of the business as provided for by the Act.
Sigurnost opskrbe klijenata NCHZ-a, koja je posebno važna u kemijskoj industriji, osigurana je nastavkom poslovanja na temelju Zakona.
If the Act had not applied, NCHZ's customers would have been more likely to search for alternative sources of supply for fear of a sudden discontinuation of operations owing to the deteriorating financial and economic situation of the bankrupt company.
Da Zakon nije bio primijenjen, vjerojatno bi klijenti NCHZ-a potražili alternativne izvore opskrbe iz straha od naglog prekida poslovanja zbog sve lošije financijske i gospodarske situacije društva u stečaju.
Reducing a single company's costs amounts to operating aid and thus distorts competition as NCHZ's competitors had to bear those costs or the consequences of inability to pay.
Smanjenje troškova jednog društva smatra se operativnom potporom i stoga se time narušava tržišno natjecanje jer su konkurenti NCHZ-a morali snositi te troškove ili posljedice nemogućnosti plaćanja.
Furthermore, the measures may have distorted competition by artificially retaining NCHZ on the calcium carbide market and other markets where it was active.
Nadalje, mjerama se moglo narušiti tržišno natjecanje održavanjem NCHZ-a na umjetan način na tržištu kalcijeva karbida i drugim tržištima na kojima je djelovao.
Since there is only a limited number of producers of calcium carbide in the EU and the products are traded Europe-wide, the measure in question also clearly affects trade between Member States.
Budući da u EU-u postoji samo ograničen broj proizvođača kalcijeva karbida i da se proizvodima trguje diljem Europe, predmetnom se mjerom očito utječe i na trgovinu među državama članicama.
In the light of the above, the Commission concludes that the declaration of NCHZ as a strategic company under the Act constituted a selective advantage in favour of that company, was imputable to the State and entailed the use of state resources to distort competition in a market open to trade between Member States.
S obzirom na navedeno Komisija zaključuje da je proglašenje NCHZ-a trgovačkim društvom od strateškog značenja na temelju Zakona predstavljalo selektivnu prednost u korist tog društva, da je pripisivo državi i da je obuhvaćalo upotrebu državnih sredstava kako bi se narušilo tržišno natjecanje na tržištu otvorenom za trgovinu među državama članicama.
The measure therefore constitutes state aid within the meaning of Article 107(1) TFEU.
Mjera stoga predstavlja državnu potporu u smislu članka 107. stavka 1. UFEU-a.
The amount of the aid corresponds to the unpaid liabilities due to the State and state entities accumulated during the period when the Act applied to NCHZ.
Iznos potpore odgovara neplaćenim obvezama prema državi i državnim subjektima nagomilanima u razdoblju tijekom kojeg se Zakon primjenjivao na NCHZ.
On the basis of the information provided by Slovakia, the unpaid debt at the beginning of the period stood at EUR 735817,44 [16].
Na temelju informacija koje je dostavila Slovačka neplaćeni dug na početku razdoblja iznosio je 735817,44 EUR [16].
When the Act expired, the outstanding liabilities stood at EUR 5519241,54 [17].
Kad je Zakon prestao važiti, nepodmirene obveze iznosile su 5519241,54 EUR [17].
Therefore, the aid amount is EUR 4783424,10.
Stoga potpora iznosi 4783424,10 EUR.
Continued operation under the decision of the creditors' committee
Nastavak poslovanja na temelju odluke odbora vjerovnika
After the Act expired, the administrator was no longer legally obliged to continue the operation of the company.
Nakon prestanka važenja Zakona upravitelj više nije bio zakonom obvezan na nastavak poslovanja društva.
He informed the creditors (both secured and unsecured) that NCHZ's losses had been mounting continuously since it was declared bankrupt and that the costs of operating the business were higher than the proceeds from its operation.
Obavijestio je vjerovnike (osigurane i neosigurane) da su gubitci NCHZ-a neprestano rasli od proglašenja njegova stečaja i da su troškovi poslovanja bili veći od prihoda od poslovanja.
Despite being aware of the poor condition of the company, all creditors on the creditors' committee and the secured creditors agreed in January 2011 that NCHZ should continue to operate.
Unatoč tomu što su bili svjesni lošeg stanja društva, svi su vjerovnici u odboru vjerovnika i osigurani vjerovnici u siječnju 2011. odlučili da bi NCHZ trebao nastaviti poslovati.
This decision was subsequently confirmed by the bankruptcy court in accordance with the Slovak Bankruptcy Act and thus became binding for the administrator.
Tu je odluku naknadno potvrdio stečajni sud u skladu sa slovačkim Stečajnim zakonom zbog čega je ona postala obvezujuća za upravitelja.
Imputability and economic advantage
Pripisivost i ekonomska prednost
The continuation of NCHZ's operations after the expiry of the Act was based on a decision of the creditors' committee (representative body of non-secured creditors), whose members were mainly private companies.
Nastavak poslovanja NCHZ-a nakon prestanka važenja Zakona temeljen je na odluci odbora vjerovnika (zastupničko tijelo neosiguranih vjerovnika) čiji su članovi bili većinom privatna društva.
The formal investigation procedure revealed that no member of the creditor's committee or the secured creditors had a veto right under the Slovak Bankruptcy Act.
Službenim istražnim postupkom otkriveno je da nijedan član odbora vjerovnika ni osigurani vjerovnici nisu imali pravo veta na temelju slovačkog Stečajnog zakona.
In fact, the voting in these bodies took place by majority.
Točnije, u tim se tijelima glasovalo većinom.
Therefore, no state entity could have enforced its interests in stopping further accumulation of the debts.
Stoga nijedno državno tijelo nije moglo provesti svoje interese u pogledu zaustavljanja daljnjeg gomilanja dugova.
It can therefore be concluded that the continuation of NCHZ's operations was based on a decision determined by the private creditors, as the public creditors were not in a position to veto NCHZ's continued operation.
Stoga se može zaključiti da je nastavak poslovanja NCHZ-a temeljen na odluci privatnih vjerovnika jer javni vjerovnici nisu imali pravo veta na nastavak poslovanja NCHZ-a.
For this reason, the decision to continue operating NCHZ after the Act expired cannot be considered imputable to the State.
Zbog toga se odluka o nastavku poslovanja NCHZ-a nakon prestanka važenja Zakona ne može smatrati pripisivom državi.
This also shows that the decision of the various public creditors to actively support the continuation of NCHZ's operation in the second period was taken at the same time and under the same conditions (pari passu) as the decisions of the comparable private creditors, which means that the public creditors acted in line with the market economy creditor principle.
To pokazuje i da je odluka različitih javnih vjerovnika o aktivnoj potpori nastavku poslovanja NCHZ-a u drugom razdoblju donesena istodobno i pod istim uvjetima (pari passu) kao odluke usporedivih privatnih vjerovnika, što znači da su javni vjerovnici djelovali u skladu s načelom vjerovnika u tržišnom gospodarstvu.
In addition, for the sake of completeness, the Commission verified the economic analysis produced by the administrator, which was available to the creditors and the court at the relevant point in time.
Usto, radi cjelovitosti Komisija je provjerila ekonomsku analizu upravitelja koja je u odgovarajućem trenutku bila dostupna vjerovnicima i sudu.
The analysis identifies several possible scenarios and compares the costs and revenue from the point of view of NCHZ's creditors.
U analizi je utvrđeno nekoliko mogućih scenarija i uspoređeni su troškovi i prihodi sa stajališta vjerovnika NCHZ-a.
In particular, the analysis indicates that discontinuing the operation of NCHZ would lead to significant costs totalling more than EUR 48 million. The bulk of the costs related to the closure and environmental clean-up of the chemical production sites (around EUR 37,3 million) and staff costs (EUR 10,5 million if all legal obligations were fulfilled).
Točnije, u analizi se navodi da bi prekidom poslovanja NCHZ-a nastali znatni troškovi koji bi ukupno iznosili više od 48 milijuna EUR. Glavnina troškova bila je povezana sa zatvaranjem i čišćenjem okoliša lokacija na kojima se proizvode kemikalije (oko 37,3 milijuna EUR) te troškovima zaposlenika (10,5 milijuna EUR ako su ispunjene sve zakonske obveze).
At the same time, the expected revenue from the sale of individual assets was in the region of EUR 47-52 million (without taking into account additional costs of dismantling and removing the equipment).
Istodobno su očekivani prihodi od prodaje pojedinačne imovine iznosili od 47 do 52 milijuna EUR (neovisno o dodatnim troškovima rastavljanja i uklanjanja opreme).
As the outstanding (public and private) liabilities incurred from operating during the bankruptcy proceedings (EUR 16 million at that time) had preferential treatment, none of the pre-bankruptcy claims would be satisfied.
Budući da su nepodmirene (javne i privatne) obveze nastale iz poslovanja tijekom stečajnog postupka (16 milijuna EUR u tom trenutku) imale povlašten tretman, nijedna od tražbina iz razdoblja prije stečaja ne bi se podmirila.
However, the analysis considers that the sale of the undertaking with continued operation was likely to bring higher revenue, since some of the technological equipment would be irreparably damaged if operation were discontinued.
Međutim, u analizi se uzima u obzir činjenica da se očekivalo da će prodaja poduzeća s nastavljenim poslovanjem donijeti veće prihode jer bi neki dijelovi tehničke opreme bili nepovratno oštećeni u slučaju prekida poslovanja.
The analysis also states that, despite the failure of the first tender, there were several interested buyers.
U analizi se navodi i da je unatoč neuspjehu prvog natječaja bilo nekoliko zainteresiranih kupaca.
Overall, the analysis concludes that it was in the interests of the creditors to continue operating NCHZ and sell the business as a going concern.
Ukupno gledajući, u analizi je zaključeno da je u interesu vjerovnika bio nastavak rada NCHZ-a i prodaja NCHZ-a kao poduzeća s vremenskom neograničenošću poslovanja.
The economic analysis by the administrator was also accompanied by an analysis produced by the management of NCHZ.
Ekonomska analiza upravitelja popraćena je i analizom koju je sastavila uprava NCHZ-a.
That analysis considered the expected real value of the company's assets in the event of discontinued operation to amount to only EUR 15,5 million, making the discontinuation of NCHZ's operation even less attractive for the creditors.
U toj se analizi smatralo da očekivana stvarna vrijednost imovine društva u slučaju prekida poslovanja iznosi samo 15,5 milijuna EUR, zbog čega bi prekid poslovanja NCHZ-a vjerovnicima bio još manje privlačan.
Furthermore, the study argued that the company could be successfully sold following certain restructuring measures to be adopted; since the Act made laying off staff rather difficult, the staff cuts were implemented by NCHZ only after the Act ceased to apply at the beginning of the second period.
Nadalje, u studiji se tvrdilo da bi se društvo moglo uspješno prodati nakon donošenja određenih mjera restrukturiranja. Budući da je otpuštanje zaposlenika na temelju Zakona prilično otežano, NCHZ je proveo smanjenje broja zaposlenika tek nakon što se Zakon prestao primjenjivati na početku drugog razdoblja.
Overall, the study also concluded that the creditors would be best off if NCHZ were sold as a going concern.
Ukupno gledajući, u studiji je zaključeno i da bi za vjerovnike bilo najbolje da se NCHZ proda kao poduzeće s vremenskom neograničenošću poslovanja.
The proposal for continued operation based on those documents was subsequently accepted by all creditors, both public and private.
Prijedlog nastavka poslovanja na temelju tih dokumenata kasnije su prihvatili svi vjerovnici, javni i privatni.
The Commission notes that the debts owed to at least some of the private creditors had also been increasing during the bankruptcy period, amounting in the end to EUR 11,5 million.
Komisija napominje da su dugovi prema barem nekim privatnim vjerovnicima isto tako rasli tijekom stečajnog razdoblja i da su na kraju iznosili 11,5 milijuna EUR.
In addition, the in-depth investigation showed that only two of the four public creditors represented in the creditor bodies (the National Property Fund, the Environmental Fund, the Slovak Guarantee and Development Bank and the Town of Nováky) were directly concerned by the threat of further accumulation of the debts owed to them by NCHZ during its continued operation.
Osim toga, detaljnim ispitivanjem pokazalo se da su samo dva od četiri javna vjerovnika zastupljena u tijelima vjerovnika (Fond za upravljanje državnom imovinom, Fond za zaštitu okoliša, Slovačka banka za jamstva i razvoj i Grad Nováky) bila pod izravnom prijetnjom daljnjeg gomilanja dugova NCHZ-a prema njima tijekom nastavka poslovanja.
Therefore, they had no possibility of directly influencing the decision-making and thus could not prevent NCHZ's continued operation.
Stoga nisu imali mogućnost izravnog utjecaja na donošenje odluke i nisu mogli spriječiti nastavak poslovanja NCHZ-a.
Those public creditors did all they could to recover the debts by registering their claims with the bankruptcy administrator and using all the enforcement mechanisms available under the Bankruptcy Act.
Ti javni vjerovnici učinili su sve što su mogli u pogledu povrata dugova prijavom svojih tražbina stečajnom upravitelju i upotrebom svih mehanizama provedbe dostupnih na temelju Stečajnog zakona.
In view of the above, the Commission considers that the behaviour of the different state entities was in line with the private creditor test.
S obzirom na navedeno Komisija smatra da je ponašanje različitih državnih subjekata bilo u skladu s testom privatnog vjerovnika.
Therefore, the Commission concludes that NCHZ did not benefit from an advantage over its competitors that it would not have received under normal market conditions in the second period when the Act was no longer applicable and NCHZ continued its operation on the basis of the decision of the creditors' committee.
Stoga Komisija zaključuje da NCHZ nije imao prednost pred konkurentima koju ne bi ostvario u uobičajenim tržišnim uvjetima u drugom razdoblju kad Zakon više nije bio primjenjiv i kad je NCHZ nastavio svoje poslovanje na temelju odluke odbora vjerovnika.
Since at least two of the cumulative conditions for defining state aid (imputability to the State and existence of an economic advantage) are not fulfilled, the Commission concludes that the continued operation of NCHZ under the decision of the creditors' committee does not constitute state aid within the meaning of Article 107(1) TFEU.
Budući da najmanje dva kumulativna uvjeta za utvrđivanje državne potpore (pripisivost državi i postojanje ekonomske prednosti) nisu ispunjena, Komisija zaključuje da nastavak poslovanja NCHZ-a na temelju odluke odbora vjerovnika ne predstavlja državnu potporu u smislu članka 107. stavka 1. UFEU-a.
The Commission notes that, since the application of the Act to NCHZ constitutes state aid, it was granted in breach of the notification and stand-still obligations laid down in Article 108(3) TFEU.
Budući da primjena Zakona na NCHZ predstavlja državnu potporu, Komisija napominje da je ona dodijeljena protivno obvezama obavješćivanja i mirovanja koje su utvrđene člankom 108. stavkom 3. UFEU-a.
Thus, the Commission notes that the aid granted to NCHZ constitutes unlawful state aid.
Stoga Komisija napominje da potpora dodijeljena NCHZ-u predstavlja nezakonitu državnu potporu.
Compatibility of the measures with the internal market
Spojivost mjera s unutarnjim tržištem
Since the measure identified above constitutes state aid within the meaning of Article 107(1) TFEU, its compatibility must be assessed in the light of the exceptions laid down in paragraphs 2 and 3 of that Article.
Budući da prethodno utvrđena mjera predstavlja državnu potporu u smislu članka 107. stavka 1. UFEU-a, njezina spojivost mora se ocijeniti u svjetlu iznimaka navedenih u stavcima 2. i 3. tog članka.
According to the case-law of the Court of Justice, it is up to the Member State to cite possible grounds of compatibility and to demonstrate that the conditions for such compatibility are met [18].
U skladu sa sudskom praksom Europskog suda, državi članici prepušta se da navede moguće temelje za spojivost i dokaže da su uvjeti za takvu spojivost ispunjeni [18].
The Slovak authorities consider that the measures do not constitute state aid and have not cited any possible grounds on which to assess compatibility.
Slovačka nadležna tijela smatraju da mjere ne predstavljaju državnu potporu i nisu navela moguće temelje za procjenu spojivosti.
The Commission has none the less assessed whether any of the grounds laid down in the TFEU would be applicable prima facie to the measures under assessment.
Komisija je ipak procijenila bi li temelji navedeni u UFEU-u bili primjenjivi prima facie na mjere koje se procjenjuju.
Since NCHZ was the subject of bankruptcy proceedings at the time when the measures were granted, it was clearly a firm in difficulty within the meaning of the Community guidelines on state aid for rescuing and restructuring firms in difficulty (‘the R&R Guidelines’) [19].
Budući da je NCHZ bio predmet stečajnog postupka u trenutku dodjeljivanja mjera, on je očito bio poduzeće u teškoćama u smislu Smjernica Zajednice o državnim potporama za sanaciju i restrukturiranje poduzeća u teškoćama („Smjernice za sanaciju i restrukturiranje”) [19].
Therefore, any assessment of the compatibility of state aid with the internal market should in principle be made on the basis of the criteria set out in those guidelines.
Stoga bi svaku procjenu spojivosti državne potpore s unutarnjim tržištem načelno trebalo provesti na temelju kriterija navedenih u tim smjernicama.
The Commission notes that the conditions for rescue aid laid down in point 3.1 of the R&R Guidelines do not seem to be met: in particular, the measures do not consist of liquidity support in the form of loan guarantees or loans and they were not accompanied by a commitment from Slovakia to communicate to the Commission a restructuring plan or a liquidation plan and so on.
Komisija napominje da se čini da nisu ispunjeni uvjeti za potporu za sanaciju navedeni u odjeljku 3.1. Smjernica za sanaciju i restrukturiranje, točnije, mjere se ne sastoje od potpore za likvidnost u obliku jamstva za zajam ili zajmova i Slovačka se nije obvezala Komisiji priopćiti plan restrukturiranja ili likvidacije i tako dalje.
In relation to restructuring aid as defined in point 3.2 of the R&R Guidelines, the Commission observes that Slovakia did not notify any of the measures identified above as restructuring aid and that it has failed to demonstrate that any of the necessary elements for them to be considered as such are present (restructuring plan, own contribution, compensatory measures and so on).
U pogledu potpore za restrukturiranje kako je utvrđena odjeljkom 3.2. Smjernica za sanaciju i restrukturiranje Komisija primjećuje da Slovačka nije prijavila nijednu od prethodno utvrđenih mjera kao potporu za restrukturiranje i nije uspjela dokazati da je prisutan bilo koji element potreban kako bi je se smatralo takvom (plan restrukturiranja, vlastiti doprinos, kompenzacijske mjere i tako dalje).
Point 34 of the R&R Guidelines requires the granting of the aid to be conditional on implementation of a restructuring plan, which must be endorsed by the Commission in all cases of individual aid.
Točkom 34. Smjernica za restrukturiranje i sanaciju zahtijeva se da dodjela potpore ovisi o provedbi plana restrukturiranja koji u slučaju pojedinačnih potpora mora prihvatiti Komisija.
The aid in the case at hand had been granted without a credible restructuring plan satisfying the conditions laid down in the R&R Guidelines.
Potpora u predmetnom slučaju dodijeljena je bez vjerodostojnog plana restrukturiranja kojim bi se ispunili uvjeti navedeni u Smjernicama za sanaciju i restrukturiranje.