natgillin/translations-raw huggingface dataset:
The Commission also notes that LOT is the key customer of the airports in Poland and generates a considerable part of their revenue as described in recital 109 above.
Komisija naglašava i da je LOT ključni klijent poljskih zračnih luka od kojeg ostvaruju znatan dio svojih prihoda, kako je navedeno u prethodnoj uvodnoj izjavi 109.
Therefore, the airports have a particular interest in continuing their cooperation with LOT.
Stoga su zračne luke posebno zainteresirane za nastavak suradnje s društvom LOT.
Moreover, the Commission assessed the information concerning the comparison between the advantages and disadvantages of possible options to recover the debt from LOT by the airports, i.e. deferral of the airport charges, litigation proceedings or insolvency submitted by Poland.
Osim toga, Komisija je ocijenila informacije koje je dostavila Poljska o usporedbi prednosti i nedostataka mogućnosti kojima raspolažu zračne luke za naplatu dugovanja od društva LOT, odnosno odgode plaćanja pristojbi zračnih luka, parničnih postupaka ili stečaja.
In particular, with reference to the timeframe, the Commission notes that the average deferral period granted by the airports to LOT was of approx. 6,5 months.
Točnije, kad je riječ o rokovima, Komisija napominje da je razdoblje odgode koje su zračne luke odobrile društvu LOT trajalo približno 6,5 mjeseci.
This seems advantageous for the airports when compared with the average time to claim receivables in Poland (i.e. over 2 years) or with the average duration of insolvency proceedings in Poland (i.e. on average 3 years).
To se u slučaju zračnih luka čini povoljnim u usporedbi s prosječnim trajanjem naplate potraživanja u Poljskoj (odnosno dulje od dvije godine) ili s prosječnim trajanjem stečajnog postupka (odnosno u prosjeku tri godine).
It remains advantageous also if compared with the longest deferral period granted to LOT which was of approximately 1 year.
To je povoljno i u usporedbi s najduljim razdobljem odgode odobrenim društvu LOT koje je trajalo približno godinu dana.
In addition, the Commission observes that when the deferral decisions were made, LOT still had assets which could have been used as collateral [58].
Osim toga, Komisija primjećuje da je u trenutku donošenja odluka o odgodama LOT još uvijek imao imovinu koja se mogla upotrijebiti kao kolateral [58].
The deferrals were therefore more advantageous for the airports than filing for insolvency, where the airports' receivables would have been repaid in the last category of creditors, possibly with a much lower percentage than in case of the deferrals, as described in recitals 110 and 114 above.
Zbog toga su odgode u slučaju zračnih luka bile povoljnije od pokretanja stečajnog postupka u kojem bi se potraživanja zračnih luka namirila u posljednjoj kategoriji vjerovnika, moguće u znatno manjem postotku nego u slučaju odgoda, kako je navedeno u prethodnim uvodnim izjavama 110. i 114.
As regards the terms and conditions of the deferrals, the Commission notes that the interest charged by the airports seems to reflect market conditions as it was set at a level comparable with the average interest rate [59] charged for loans granted in the industry sector in the relevant period while at the same time the airports were not obliged to apply the statutory rate.
Kad je riječ o uvjetima odgoda, Komisija naglašava da se čini da kamate koje su obračunale zračne luke odražavaju tržišne uvjete jer su utvrđene na razini usporedivoj s prosječnom kamatnom stopom [59] po kreditima u industrijskom sektoru u odgovarajućem razdoblju, dok, istodobno, zračne luke nisu imale obvezu primjene zakonske kamatne stope.
Furthermore, the Commission notes that the majority of the deferred amount was secured on LOT's assets.
Osim toga, Komisija naglašava da je većina iznosa odgode bila osigurana imovinom društva LOT.
In the remaining cases LOT provided blank promissory notes and/or LOT recognised its debt towards a given airport which significantly improved the position of airports in case of debt collection as described in recitals 112 and 113 above.
U preostalim je slučajevima društvo LOT dostavilo zadužnice i/ili je priznalo dugovanje prema predmetnoj zračnoj luci, što je znatno poboljšanje položaja zračnih luka pri naplati dugovanja, kako je navedeno u prethodnim uvodnim izjavama 112. i 113.
Furthermore, the Commission notes that also private creditors of LOT allowed it to defer payment of debts on similar terms and conditions, including an interest rate lower than the statutory interest or without interest and in some cases also without a collateral as described in recital 115 above.
Osim toga, Komisija naglašava da su i privatni vjerovnici odobrili društvu LOT odgodu plaćanja dugovanja po sličnim uvjetima, uključujući nižu kamatnu stopu od zakonske ili bez kamata, a u nekim slučajevima i bez kolaterala, kako je navedeno u prethodnoj uvodnoj izjavi 115.
Finally, the Commission acknowledges that all the deferred airport charges have been fully repaid by LOT as described in recital 116 above.
Konačno, Komisija potvrđuje da je LOT u potpunosti podmirio sve odgođene pristojbe zračnih luka, kako je navedeno u prethodnoj uvodnoj izjavi 116.
As regards the KPMG Report submitted by Poland, the Commission notes that it analyses the market character of each of the deferral agreements, as described in recital 117 above.
Kad je riječ o izvješću društva KPMG koje je dostavila Poljska, Komisija naglašava da se u njemu nalazi analiza tržišne prirode svih sporazuma o odgodi, kako je navedeno u prethodnoj uvodnoj izjavi 117.
In particular, the methodology used by KPMG which compares the base scenario in which the deferrals of airport charges are granted to LOT with the alternative scenario in which no deferrals of airport charges are granted to LOT and the insolvency proceedings are being initiated against LOT is based on the objectively verifiable data (statistics, concrete examples, etc.).
Točnije, metodologija koju je primijenilo društvo KPMG, kojom se uspoređuje osnovni scenarij odobravanja odgoda plaćanja pristojbi zračnih luka društvu LOT s alternativnim scenarijem neodobravanja odgoda plaćanja pristojbi zračnih luka društvu LOT i pokretanja stečajnog postupka društva LOT, temelji se na objektivno provjerljivim podacima (statistikama, konkretnim primjerima itd.).
The scenarios were compared in three different sub-scenarios which contribute to provide an objective result.
Usporedba scenarija obavljena je na tri sporedna scenarija koja predstavljaju doprinos objektivnom rezultatu.
The comparison of those two scenarios confirms that the deferral of airport charges was, in each case, economically rational and more beneficial for the airports than the alternative scenario of initiating the insolvency proceedings.
Zahvaljujući usporedbi tih dvaju scenarija potvrđeno je da je odgoda plaćanja pristojbi zračnih luka u svakom slučaju ekonomski opravdana i korisnija za zračne luke od alternativnog scenarija pokretanja stečajnog postupka.
The KPMG Report is based on commonly used methods of evaluation and it does not raise doubts concerning the methodology and standards used.
Izvješće društva KPMG temelji se na često primjenjivanim metodama procjene i njime se ne izražava sumnja u pogledu primijenjene metodologije i standarda.
Based on these considerations, the Commission considers that the results of the Report provide for a reliable confirmation of the market conformity of the deferral agreements.
Komisija, na temelju tih razmatranja, smatra da su rezultati izvješća pouzdana potvrda tržišne usklađenosti sporazuma o odgodi.
The Commission observes that a creditor who is considering deferring payment of its receivables cannot be compared to an investor, as the business terms and conditions in those cases are different, i.e. an investor intends to earn a profit, carefully assesses the risks, demands satisfactory security and, in the absence of security, may withdraw from the investment, etc. while a creditor is in a different situation.
Komisija primjećuje da se vjerovnik koji razmišlja o odgodi plaćanja svojih potraživanja ne može usporediti s ulagačem, jer je u tim slučajevima riječ o različitim uvjetima, odnosno ulagač namjerava ostvariti dobit, oprezno procjenjuje rizike, zahtijeva zadovoljavajuće jamstvo te se bez jamstva može povući iz ulaganja itd., dok je vjerovnik u drukčijem položaju.
Its receivable already exists and is unsecured.
Njegovo potraživanje već postoji i nije osigurano.
The creditor can therefore only choose between claiming the receivable in court or resolving the matter amicably and therefore it may be willing to accept different, sometimes less advantageous terms of repayment of debt than in the case of an investor.
Vjerovnik stoga može tražiti naplatu potraživanja sudskim putem ili riješiti spor mirnim putem pa je možda voljan prihvatiti drugačije, ponekad manje povoljne uvjete naplate dugovanja, nego u slučaju ulagača.
In particular the creditor may accept certain concessions of the debtor facilitating enforcement (e.g. by recognizing the debt, voluntary submission to enforcement, etc.) or establishing security if possible.
Točnije, vjerovnik može prihvatiti neke ustupke dužnika kojima se olakšava ovrha (primjerice priznavanje dugovanja, pristanak na pokretanje ovršnog postupka itd.) ili, po mogućnosti, davanje jamstva.
The creditor may therefore have an interest in allowing a debt deferral if it may later help for example to carry out enforcement [60].
Vjerovnik stoga može biti zainteresiran za odobravanje odgode naplate dugovanja ako će tako kasnije olakšati, primjerice, provođenje ovrhe [60].
In view of these considerations, the Commission concludes that the State-owned airports acted as a market economy creditor when granting deferrals of the airport charges to LOT.
Uzimajući u obzir ta razmatranja, Komisija zaključuje da su zračne luke u vlasništvu države imale ulogu vjerovnika u tržišnom gospodarstvu kad su društvu LOT odobravale odgode plaćanja pristojbi zračnih luka.
Therefore, those transactions did not grant LOT any advantage that it would not have obtained under normal market conditions.
Stoga tim transakcijama društvu LOT nije omogućena nikakva prednost koju ne bi ostvarilo u uobičajenim tržišnim uvjetima.
It follows that the deferrals of the airport charges considered herewith do not constitute State aid.
Slijedi da odgode plaćanja pristojbi zračnih luka koje se razmatraju u ovome dokumentu ne predstavljaju državnu potporu.
Other transactions
Ostale transakcije
As regards the transactions of LOT concerning real estate, in view of the clarifications provided by Poland, the Commission comes to the following conclusions.
Kad je riječ o transakcijama društva LOT koje uključuju nekretnine, Komisija je, uzimajući u obzir obrazloženja koja je dostavila Poljska, došla do sljedećih zaključaka.
As regards the sale of the LOT Headquarters to PZU/PB1, the Commission concludes that the purchaser is a private company, as described in recitals 139 and 140 above, and therefore its resources are not the State resources.
Kad je riječ o prodaji sjedišta društva LOT društvu PZU/PB1, Komisija zaključuje da je kupac društvo u privatnom vlasništvu, kako je navedeno u prethodnim uvodnim izjavama 139. i 140., pa da stoga njegova sredstva nisu državna.
Consequently, this transaction does not constitute State aid within the meaning of Article 107(1) TFEU.
Posljedično, ta transakcija ne predstavlj a državnu potporu u smislu članka 107. stavka 1. UFEU-a.
As regards (i) the sale of real estate at 17 Stycznia Street 39 to TF Silesia, (ii) the sale of the Cargo Terminal to LS Airport Services, (iii) the sale of the Catering Facilities to LOT Catering, the Commission notes that the purchaser was a company directly or indirectly controlled by the State.
Kad je riječ o i. prodaji nekretnine na adresi 17 Stycznia 39 društvu TF Silesia, ii. prodaji robnog terminala društvu LS Airport Services i iii. prodaji objekata za pripremu hrane društvu LOT Catering, Komisija naglašava da je kupac društvo pod izravnom ili neizravnom kontrolom države.
In case of TF Silesia and LS Airport Services, both companies are directly controlled by the State Treasury.
Društva TF Silesia i LS Airport Services pod izravnom su kontrolom državne riznice.
As regards LOT Catering, its sole shareholder REF is also wholly owned by the State Treasury, as described in recital 139 above.
Kad je riječ o društvu LOT Catering, njegov je jedini član društva Regionalni ekonomski fond koji je u potpunosti u vlasništvu državne riznice, kako je navedeno u prethodnoj uvodnoj izjavi 139.
All those companies are private law companies subject to the Commercial Companies Code.
Sva su ta društva u privatnom vlasništvu na koje se primjenjuje Zakon o trgovačkim društvima.
The Code requires consent of the shareholders' meeting for the sale or purchase of real estate in case of limited liability companies, as well as, subject to certain conditions, in case of joint stock companies [61].
Po Zakonu se suglasnost skupštine zahtijeva za prodaju ili kupnju nekretnina u slučaju društava s ograničenom odgovornošću, a u nekim uvjetima i u slučaju dioničkih društava [61].
Therefore, considering that the State Treasury is exercising directly or indirectly all voting rights in the shareholders' meetings of TFS, LS Airport Services and LOT Catering, the State was inevitably involved in the decision making process concerning the transactions in question.
Stoga, s obzirom na to da državna riznica, izravno ili neizravno, ostvaruje sva glasačka prava u skupštinama društava TFS, LS Airport Services i LOT Catering, država je nedvojbeno sudjelovala u postupku odlučivanja o predmetnim transakcijama.
In view of these considerations, the Commission concludes that the decisions of TF Silesia, LS Airport Services and LOT Catering are imputable to the State.
Uzimajući u obzir ta razmatranja, Komisija zaključuje da su odluke društava TF Silesia, LS Airport Services i LOT Catering pripisive državi.
Since those companies are public undertakings their resources are State resources.
Budući da je riječ o javnim poduzećima, njihova su sredstva državna sredstva.
In all those cases, the value of the real estate was subject to an independent valuation made in accordance with generally accepted market indicators and valuation standards (including taking into account comparative transactions and local market conditions).
U svim je tim slučajevima vrijednost nekretnina podvrgnuta neovisnoj procjeni napravljenoj u skladu s općeprihvaćenim tržišnim pokazateljima i standardima procjene (uzimajući u obzir usporedne transakcije i uvjete na lokalnom tržištu).
The asset appraisers had appropriate qualifications and suitable experience.
Procjenitelji imovine imali su odgovarajuće kvalifikacije i iskustvo.
The Commission notes that the valuations were performed before the transactions took place.
Komisija naglašava da su procjene obavljene prije obavljanja transakcija.
The Commission notes as well that the transactions in question fulfil the requirements of an independent expert valuation as stipulated in the Commission Communication on State aid elements in sales of land and buildings by public authorities [62].
Komisija naglašava i da su predmetne transakcije u skladu sa zahtjevima za neovisnu stručnu procjenu utvrđenima Komunikacijom Komisije o elementima državne potpore kod prodaje zemljišta i zgrada od strane tijela javne vlasti [62].
Based on these considerations, the Commission concludes that the results of those valuations are an appropriate approximation of the market prices for the above described real estates.
Komisija na temelju tih razmatranja zaključuje da su rezultati tih procjena odgovarajuća aproksimacija tržišnih cijena prethodno navedenih nekretnina.
Therefore, the Commission concludes that the transactions concerning the sale of real estate by LOT described above did not grant LOT an advantage that it would not have obtained under normal market conditions and as a consequence they do not constitute State aid within the meaning of Article 107(1) TFEU.
Komisija stoga zaključuje da prethodno navedenim transakcijama prodaje nekretnina društva LOT istom nije omogućena prednost koju ne bi ostvarilo u uobičajenim tržišnim uvjetima te da, posljedično, ne predstavljaju državnu potporu u smislu članka 107. stavka 1. UFEU-a.
As regards the loans provided to LOT, in view of the clarifications provided by Poland, the Commission comes to the following conclusions.
Kad je riječ o kreditima odobrenima društvu LOT, Komisija je, uzimajući u obzir obrazloženja koja je dostavila Poljska, došla do sljedećih zaključaka.
As regards the loans provided to LOT by PZU Group and PKN Orlen, as described in recitals 142 and 143 above, the Commission notes that those are private companies.
Što se tiče kredita koje su društvu LOT odobrila društva PZU Group i PKN Orlen, kako je navedeno u prethodnim uvodnim izjavama 142. i 143., Komisija naglašava da je riječ o društvima u privatnom vlasništvu.
Consequently, their decisions are not imputable to the State and their resources are not State resources.
Posljedično, njihove odluke nisu pripisive državi niti su njihova sredstva državna.
Those loans therefore do not constitute State aid within the meaning of Article 107(1) TFEU.
Ti krediti stoga ne predstavljaju državnu potporu u smislu članka 107. stavka 1. UFEU-a.
As regards the loan provided to LOT by TF Silesia, as already concluded in recital 175 above, the decisions of TF Silesia, are imputable to the State and its resources are State resources.
Kad je riječ o kreditu koji je društvu LOT odobrilo društvo TF Silesia, prema zaključku iz prethodne uvodne izjave (175), odluke društva TF Silesia pripisive su državi, a njegova su sredstva državna.
As regards the loan provided to LOT by OLPP, the Commission notes that its sole shareholder, i.e. PERN is wholly owned by the State Treasury as described in recital 142 above.
Kad je riječ o kreditu koji je društvu LOT odobrilo društvo OLPP, Komisija naglašava da je njegov jedini član društva, odnosno društvo PERN, u potpunosti u vlasništvu državne riznice, kako je navedeno u prethodnoj uvodnoj izjavi (142).
Therefore, the State Treasury exercises all voting rights in the shareholders' meeting of this company and nominates all members of its management board.
Stoga državna riznica ostvaruje sva glasačka prava u skupštini tog društva te imenuje sve članove upravnog odbora.
In view of the above, the Commission believes that the decisions of OLPP are imputable to the State and its resources are State resources.
Uzimajući u obzir prethodno navedeno, Komisija smatra da su odluke društva OLPP pripisive državi, a da su njegova sredstva državna.
Considering the above, with respect to the loans provided to LOT by TF Silesia and OLPP, the Commission was required to assess whether those loans were provided on market terms.
S obzirom na prethodno navedeno, kad je riječ o kreditima koje su društvu LOT odobrila društva TF Silesia i OPLL, od Komisije se zahtijevalo da ocijeni jesu li odobreni po tržišnim uvjetima.
Considering that in case of the loans in question, the collateral provided was strong and the interest rates applied were similar to those applied by private creditors as described in recital 144 above, the Commission concludes that those loans were provided on market terms.
Budući da je u slučaju predmetnih kredita ponuđeni kolateral bio čvrst, a primijenjene kamatne stope slične onima privatnih vjerovnika, kako je navedeno u prethodnoj uvodnoj izjavi 144., Komisija zaključuje da su ti krediti odobreni po tržišnim uvjetima.
Therefore, the Commission concludes that the loans provided to LOT do not constitute State aid within the meaning of Article 107(1) TFEU.
Komisija prema tome zaključuje da krediti odobreni društvu LOT ne predstavljaju državnu potporu u smislu članka 107. stavka 1. UFEU-a.
Sale of subsidiaries
Prodaja društava kćeri
As regards the sale of subsidiaries by LOT, in view of the clarifications provided by Poland, the Commission comes to the following conclusions.
Kad je riječ o prodaji društava kćeri društva LOT, Komisija je, uzimajući u obzir obrazloženja koja je dostavila Poljska, došla do sljedećih zaključaka.
As regards the sale of LOT Services, LOT Catering, LOT AMS and LOT Cargo, the Commission notes that those transactions were the object of the Commission decision in case SA 33337 [63], by which the Commission concluded that those transactions did not involve State aid.
Kad je riječ o prodaji društava LOT Services, LOT Catering, LOT AMS i LOT Cargo, Komisija naglašava da su te transakcije predmet odluke Komisije u predmetu SA 33337 [63] kojom je Komisija zaključila da ne uključuju državnu potporu.
That decision was not challenged and has become definitive.
Žalba protiv te odluke nije podnesena pa je postala konačna.
As regards the interested parties' comments that LOT sold shares in those subsidiaries above their market value and in particular that the sale price of LOT AMS and LOT Services was not reflecting the fact that: (i) LOT AMS was a company in a particularly bad financial condition; and (ii) the predecessor of LOT Services, the company called LOT Ground Services Sp. z o.o.
Kad je riječ o primjedbama zainteresiranih strana da je LOT prodao udjele u tim društvima po cijeni većoj od tržišne vrijednosti, a posebno da kupoprodajna cijena društava LOT AMS i LOT Services nije odražavala činjenicu: i. da je LOT AMS društvo u posebno lošem financijskom stanju te ii. da je nad prethodnikom društva LOT Services, društvom LOT Ground Services Sp. z o.o.
(‘LOT Ground Services’) was subject to insolvency proceedings as described in Recital (132) above, the Commission notes that the above transactions were already subject to the Commission investigation.
(„LOT Ground Services”) otvoren stečajni postupak, kako je navedeno u prethodnoj uvodnoj izjavi (132), Komisija naglašava da su te transakcije već bile predmet istražnog postupka Komisije.
In particular, as regards LOT AMS, the sale price of the shares was based on three independent prior valuations which were described and assessed in the Commission Decision SA 33337 [64].
Točnije, kad je riječ o društvu LOT AMS, kupoprodajna cijena udjela temeljila se na tri prethodne neovisne procjene koje su opisane i ocijenjene u Odluci Komisije SA 33337 [64].
Similarly, the transactions concerning LOT Cargo were also described and assessed in the Commission Decision SA 33337 [65].
Slično tome, i transakcije koje se odnose na društvo LOT Cargo opisane su i ocijenjene u Odluci Komisije SA 33337 [65].
As regards LOT Ground Services and LOT Services, the Commission verified whether LOT Services was a legal successor of LOT Ground Services and came to the conclusion that it only took over some of the assets of the liquidated company [66].
Kad je riječ o društvima LOT Ground Services i LOT Services, Komisija je provjeravala je li društvo LOT Services pravni slijednik društva LOT Ground Services i zaključila da je preuzelo samo neku imovinu likvidiranog društva [66].
In view of the above, the Commission has no grounds to alter its assessment in the State aid Decision in case SA 33337.
S obzirom na prethodno navedeno, Komisija nema osnove za izmjenu svoje ocjene iz odluke o državnim potporama u predmetu SA 33337.
As regards the sale of Casinos Poland to Vicco, as described in recital 145 above, the Commission notes that Vicco is a private company.
Kad je riječ o prodaji društva Casinos Poland društvu Vicco, kako je navedeno u prethodnoj uvodnoj izjavi 145., Komisija naglašava da je Vicco društvo u privatnom vlasništvu.
Consequently, the decisions of Vicco are not imputable to the State and its resources are not State resources.
Posljedično, njegove odluke nisu pripisive državi niti su njegova sredstva državna.
As regards the sale of Petrolot to PKN Orlen, as described in Recital (145) above, the Commission has already concluded in recital 179 above, that PKN Orlen is a private company and consequently its decisions are not imputable to the State and its resources are not State resources.
Kad je riječ o prodaji društva Petrolot društvu PKN Orlen, kako je navedeno u prethodnoj uvodnoj izjavi 145., Komisija je u prethodnoj uvodnoj izjavi 179. već zaključila da je PKN Orlen društvo u privatnom vlasništvu i da, posljedično, njegove odluke nisu pripisive državi niti su njegova sredstva državna.