natgillin/translations-raw huggingface dataset:
In light of the above, the Commission concludes that the circumstances of the lease and the subsequent sale are effectively excluding any transfer of economic advantage from SEAH to Airport Handling.
S obzirom na prethodno navedeno Komisija zaključuje da se na temelju okolnosti najma i kasnije prodaje stvarno može isključiti prijenos gospodarske koristi sa SEAH-a na Airport Handling.
Hence, lease price and purchase price cannot be held as an indicator of economic continuity in this case.
Stoga se cijena najma i kupovna cijena u ovom predmetu ne mogu smatrati pokazateljem gospodarskog kontinuiteta.
Identity of the shareholders
Identitet dioničara
In the 2014 opening decision, the Commission noted that Italy undertook to entrust the management of Airport Handling to an independent trustee for a period of 3 years.
U odluci o pokretanju postupka iz 2014. Komisija je primijetila da se Italija obvezala prepustiti upravljanje društvom Airport Handling neovisnom upravitelju u razdoblju od tri godine.
Moreover, Italy proposed to open 20 % of Airport Handling’s share capital to investors.
Nadalje, Italije je predložila ulagačima otvoriti 20 % temeljnog kapitala društva Airport Handling.
The Commission then found, firstly, that the ground handling business would have the same owner, SEA, and secondly, that Italy’s proposal to tender out 20 % of the capital of the new ground handling provider was not sufficient to guarantee discontinuity from SEAH since first, the proposal is only limited to a minority shareholding and second, no guarantees have been provided in this respect.
Komisija je zatim utvrdila, prvo, da će poslovanje u području zemaljskih usluga imati istog vlasnika, društvo SEA, i, drugo, da prijedlog Italije da ponudi 20 % kapitala novog pružatelja zemaljskih usluga nije bio dovoljan da bi se zajamčio diskontinuitet od SEAH-a jer je, prvo, prijedlog ograničen samo na manjinski udjel i, drugo, jer u tom pogledu nisu pružena nikakva jamstva.
Moreover, this opening of the capital would only occur after the entry of Airport Handling on the market.
Osim toga, to otvaranje kapitalne strukture dogodilo bi se tek nakon što Airport Handling uđe na tržište.
In the course of the investigation, Italy alleged that the setting-up of the Trust would guarantee the absence of continuity between SEAH and Airport Handling.
Tijekom istražnog postupka Italija je tvrdila da će se osnivanjem Trusta jamčiti nepostojanje kontinuiteta između SEAH-a i društva Airport Handling.
The Trustee would ensure the independent management of SEA’s participation in Airport Handling, assuming sole control over the company and thus guaranteeing the absence of any interest and/or information flow between Airport Handling and the SEA group.
Upravitelj bi trebao osigurati neovisno upravljanje udjelom društva SEA u društvu Airport Handling tako što će preuzeti isključivu kontrolu nad društvom i time osigurati nepostojanje protoka interesa i/ili informacija između društva Airport Handling i grupe SEA.
The Commission assessed the chronological and material characteristics of identity of ownership in the case in question.
Komisija je ocijenila kronološke i materijalne karakteristike identiteta vlasnika u ovom predmetu.
First, as regards chronology, the Commission notes that SEA established Airport Handling on 9 September 2013.
Prvo, u pogledu kronologije Komisija napominje da je SEA osnovala Airport Handling 9. rujna 2013.
The Trust was incorporated on 30 June 2014; the Trust Deed was signed on the same day.
Trust je osnovan 30. lipnja 2014.; Ugovor o trustu potpisan je istog dana.
The Commission notes that the Trust took over the actual management of Airport Handling only later, on 27 August 2014, when SEA transferred the entire holding of Airport Handling to the Trust and appointed a trustee.
Komisija napominje da je Trust tek kasnije preuzeo stvarno upravljanje društvom Airport Handling, odnosno 27. kolovoza 2014., kad je SEA cijeli udjel u društvu Airport Handling prenijela na Trust i imenovala upravitelja.
The latter, in turn, then appointed a new Board of Directors of Airport Handling.
Potonji je zatim imenovao novi Upravni odbor društva Airport Handling.
Airport Handling started operations a few days later, on 1 September 2014.
Airport Handling započeo je poslovanje nekoliko dana kasnije, odnosno 1. rujna 2014.
The Commission however notes that according to available information, the company had already carried out economic activities by offering its services on the market before that date, and apparently as early as April 2014, as a number of service contracts had […] [8] Business secret.
Međutim, Komisija napominje da je u skladu s dostupnim informacijama društvo već obavljalo gospodarske djelatnosti ponudom svojih usluga na tržištu prije tog datuma, čini se već u travnju 2014., jer je niz ugovora o pružanju usluga već […] [8] Poslovna tajna.
Second, as regards the material characteristics of the transition of ownership and control to the Trust, the Commission assessed if the fact that Airport Handling shortly before it started operations was temporarily managed by a Trustee was sufficient to exclude that SEA could exercise rights in respect of the management of Airport Handling in that it may unilaterally take commercial decisions.
Drugo, u pogledu materijalnih karakteristika prijenosa vlasništva i kontrole na Trust Komisija je ocijenila je li činjenica da je Airport Handling nedugo prije nego što je započeo poslovanje privremeno bio pod upravom upravitelja dovoljna da se isključi da je SEA mogla ostvarivati prava na upravljanje društvom Airport Handling time što je smjela jednostrano donositi komercijalne odluke.
In that respect, the Commission notes the following:
U tom pogledu Komisija napominje sljedeće.
According to the Trust Deed, the activity of the Trustee is subject to certain material constraints, notably the Trustee is not required to investigate:
U skladu s Ugovorom o trustu aktivnost upravitelja ovisi o određenim materijalnim ograničenjima, odnosno upravitelj nije obvezan istražiti:
whether representatives of SEA have participated to the negotiations with the employees to be re-employed by Airport Handling,
jesu li predstavnici društva SEA sudjelovali u pregovorima sa zaposlenicima koji će se zaposliti u društvu Airport Handling,
that SEA outsources personnel to Airport Handling, including its Director-General,
je li SEA izmjestila osoblje društvu Airport Handling, uključujući svojega glavnog direktora,
that certain central services, including investor relations and customer care, will continue to be provided by SEA,
hoće li SEA nastaviti pružati određene centralizirane usluge, uključujući upravljanje odnosima s ulagačima i pružanje potpore klijentima,
that funding decisions are entirely left to the discretion of SEA.
jesu li odluke o financiranju u cijelosti ostavljene u diskrecijskoj ovlasti društva SEA.
In addition, although based on the Trust Deed the management of Airport Handling is supposed to be separate of that of SEAH, Airport Handling is being managed by the former head of Aviation Business Development of SEA.
Uz to, iako bi na temelju Ugovora o trustu upravljanje društvom Airport Handling trebalo biti odvojeno od SEAH-a, društvom Airport Handling upravlja nekadašnji voditelj Odjela razvoja poslovanja u zrakoplovstvu društva SEA.
Indeed, the Commission notes that SEA seconded two senior managers to AH.
Naime, Komisija napominje da je SEA dva viša rukovoditelja uputila u AH.
Both of them are currently holding senior management positions at Airport Handling.
Obojica trenutačno drže više upravljačke funkcije u društvu Airport Handling.
According to Italy there would be no hierarchical relationship between SEA and those managers and the latter would not perform any activity in favour of SEA.
Prema mišljenju Italije više neće postojati hijerarhijski odnos između društva SEA i tih rukovoditelja te potonji neće obavljati nikakve aktivnosti u korist društva SEA.
Their remuneration would also be independently determined by Airport Handling.
Uz to, njihovu naknadu neovisno će određivati Airport Handling.
According to Italy, SEA’s decision of seconding those managers to Airport Handling was taken with a view to Italy’s proposals concerning the opening-up of Airport Handling’s capital to third parties.
Prema mišljenju Italije odluka društva SEA o upućivanju tih rukovoditelja u Airport Handling donesena je s obzirom na prijedlog Italije da se trećim stranama otvori kapital društva Airport Handling.
For that purpose, it would have been necessary to ensure, on one hand, that Airport Handling’s management was fully qualified and, on the other hand, that the conditions of employment of the managers were flexible.
U tu je svrhu bilo potrebno, s jedne strane, osigurati da je uprava društva Airport Handling u potpunosti kvalificirana i, s druge strane, da su uvjeti zapošljavanja rukovoditelja fleksibilni.
In fact, Italy clarified that Airport Handling signed secondment contracts with SEA for […] [8] Business secret.
De facto, Italija je pojasnila da je Airport Handling s društvom SEA potpisao ugovore o upućivanju za […] [8] Poslovna tajna.
The Commission took note of the above described Framework Investment Agreement of 21 September 2015, between the Trustee and private market operator D’Nata, concerning the sale of a […] [8] Business secret.
Komisija je uzela u obzir prethodno opisani Okvirni sporazum o ulaganju od 21. rujna 2015., između upravitelja i privatnog subjekta na tržištu D’Nata, u pogledu prodaje udjela od […] [8] Poslovna tajna.
% stake in Airport Handling, in combination with the right to appoint the majority of the board of directors and also the CEO of Airport Handling, and further concerning an option to acquire a further […] [8] Business secret.
% u društvu Airport Handling, u kombinaciji s pravom na imenovanje većine upravnog odbora i glavnog izvršnog direktora društva Airport Handling te u pogledu opcije za stjecanje dodatnog udjela od […] [8] Poslovna tajna.
D’Nata will have effective control over Airport Handling when it will have appointed the majority of the board of directors and also the CEO of Airport Handling.
D’Nata će imati stvarnu kontrolu nad društvom Airport Handling kad imenuje većinu upravnog odbora i glavnog izvršnog direktora društva Airport Handling.
Moreover, available information on the bidding process, which was organised independently of both SEA and the Trustee by a private bank, confirms that D’Nata acquired a stake in Airport Handling at the market price.
Nadalje, na temelju dostupnih informacija o natječajnom postupku koji je privatna banka organizirala neovisno od društva SEA i upravitelja potvrđuje se da je D’Nata stekao udjel u društvu Airport Handling po tržišnoj cijeni.
Lastly, available information confirms that D’Nata is not identical with, or otherwise linked to, SEA.
Konačno, na temelju dostupnih informacija potvrđuje se da D’Nata nije istovjetan društvu SEA niti je na drugi način povezan s njim.
Nevertheless, the transfer of control over Airport Handling from SEA and the Trustee to D’Nata took place more than 2 years after SEA had established Airport Handling, and more than 1 year after that company had started operations.
Neovisno o tome, prijenos kontrole nad društvom Airport Handling s društva SEA i upravitelja na društvo D’Nata izvršen je više od dvije godine nakon što je SEA osnovala Airport Handling i više od jedne godine nakon što je to društvo počelo poslovati.
Therefore, the Commission cannot conclude solely on the basis of the criterion regarding the identity of the shareholders that there is no economic continuity.
Stoga Komisija ne može samo na temelju kriterija u pogledu identiteta dioničara zaključiti da ne postoji gospodarski kontinuitet.
Nevertheless, the Commission assessed this criterion together with the other relevant criteria, in order to conclude whether the absence of economic continuity can be established.
Neovisno o tome, Komisija je ocijenila taj kriterij zajedno s drugim relevantnim kriterijima kako bi zaključila može li se utvrditi nepostojanje gospodarskog kontinuiteta.
Timing of the transaction
Trenutak izvršenja transakcije
The liquidation of SEAH on 1 July 2014 and the establishment of Airport Handling on 9 September 2013 took place after the Commission, on 12 December 2012, had adopted the recovery decision.
Likvidacija SEAH-a 1. srpnja 2014. i osnivanje društva Airport Handling 9. rujna 2013. provedeni su nakon što je Komisija 12. prosinca 2012. donijela odluku o povratu.
The company in liquidation ensured ground handling operations until Airport Handling started operations on 1 September 2014.
Društvo u likvidaciji osiguravalo je zemaljske usluge dok Airport Handling nije pokrenuo poslovanje 1. rujna 2014.
The timing of events thus could prima facie be an indication that the process which culminated in the creation of Airport Handling had the effect of circumventing the recovery decision, which had been adopted before that process was carried out.
Stoga bi slijed događaja prima facie mogao biti naznaka da je postupak koji je završio osnivanjem društva Airport Handling imao učinak izbjegavanja odluke o povratu koja je donesena prije nego što je taj postupak proveden.
The Commission however recalls that case-law does not require the Commission to examine, in particular and over and above the other criteria, the time at which the transfer of assets took place, which is one of the factors which ‘may’ be taken into consideration in order to set aside the economic continuity between those two entities.
Međutim, Komisija podsjeća da se prema sudskoj praksi od Komisije ne zahtijeva da ispita, posebno uzimajući u obzir ostale kriterije, ali i izvan njihova okvira, vrijeme u kojem je izvršen prijenos imovine, što je jedan od čimbenika koji se „može” uzeti u obzir kao bi se uklonio gospodarski kontinuitet između tih dvaju subjekata.
Economic logic of the transaction
Ekonomska logika transakcije
Available information confirms that Airport Handling in essence continues the same type of business activities of SEAH, namely offering airport handling services at Linate and Malpensa airports.
Na temelju dostupnih informacija potvrđuje se da je Airport Handling, u biti, nastavio obavljati iste poslovne djelatnosti kao SEAH, odnosno zemaljske usluge u zračnim lukama Linate i Malpensa.
In that respect, the Commission refers to case law according to which the mere circumstance that the acquirer is in fact continuing the business of an undertaking that is obliged to reimburse aid does not necessarily mean that the former undertaking enjoyed the competitive advantage linked with the aid granted to the latter.
U tom pogledu Komisija upućuje na sudsku praksu prema kojoj sama činjenica da stjecatelj de facto nastavlja poslovanje poduzetnika koji je obvezan vratiti potporu ne znači nužno da je prvi poduzetnik ostvario konkurentsku prednost povezanu s potporom koja je dodijeljena potonjem.
In the specific case referred to, the former undertaking leased a plant at a market price from the undertaking that had received aid almost 3 years before the creation of the former undertaking.
U specifičnom predmetu na koji se upućuje prvi poduzetnik unajmio je postrojenje po tržišnoj cijeni od poduzetnika koji je potporu primio gotovo tri godine prije osnivanja prvog poduzetnika.
The Commission recalls that in the case at issue, Airport Handling has leased, then purchased, SEAH’s assets at a price that can be deemed at least the market price, and that the unlawful aid that is to be recovered from SEAH was granted during the years 2002-2010, i.e. 3 years before Airport Handling was incorporated and 4 years before Airport Handling started its economic activity.
Komisija podsjeća da je u ovom predmetu Airport Handling unajmio, a zatim kupio, SEAH-ovu imovinu po cijeni koja se najmanje može smatrati tržišnom cijenom i da je nezakonita potpora koju SEAH treba vratiti dodijeljena u razdoblju 2002.–2010., tj. tri godine prije osnivanja društva Airport Handling i četiri godine prije nego što je Airport Handling započeo svoju gospodarsku djelatnost.
More particularly as regards the economic logic of the transaction, the Commission notes the following:
Točnije, u pogledu ekonomske logike transakcije Komisija napominje sljedeće.
As was described above in points 2.6.1 and 2.6.2, Airport Handling’s business plan differs from SEAH’s in a number of points, in particular:
Kako je prethodno opisano u točkama 2.6.1. i 2.6.2., poslovni plan društva Airport Handling razlikuje se od SEAH-ova u nizu točaka, posebno:
Hence, Airport Handling managed its activities under different operating conditions than SEAH’s, under its own business plan.
Stoga je Airport Handling vodio svoje poslovanje po drukčijim uvjetima od SEAH-a i na temelju vlastitog poslovnog plana.
Moreover, the Italian authorities did not require Airport Handling to follow a specific business model nor to maintain a certain scope of activities, nor to take over any specific assets or employees.
Nadalje, talijanska tijela nisu od društva Airport Handling zahtijevala da slijedi specifični poslovni model, da zadrži određeni opseg aktivnosti ili da preuzme specifičnu opremu ili zaposlenike.
Overall conclusion on economic continuity from SEAH to Airport Handling
Ukupan zaključak o gospodarskom kontinuitetu sa SEAH-a na Airport Handling
In the Commission’s view, the case at hand contains both, elements which would argue in favour of economic continuity and elements which would support the opposite finding.
Komisija smatra da su u ovom predmetu sadržani elementi na temelju kojih bi se mogao utvrditi gospodarski kontinuitet i elementi na temelju kojih bi se mogao donijeti suprotan nalaz.
On the side of the elements supporting a finding of economic continuity, the Commission identified the fact that it was the former owner of SEAH who created Airport Handling, a company active in the same business as SEAH, which recruited its initial workforce of Airport Handling almost exclusively from former SEAH employees and took over a large part of the assets, all this after the Commission’s recovery decision.
Među elementima u potporu nalazu o gospodarskom kontinuitetu Komisija je utvrdila činjenicu da je nekadašnji vlasnik SEAH-a osnovao Airport Handling, društvo koje pruža iste usluge kao SEAH, čiju su početnu radnu snagu gotovo isključivo činili bivši zaposlenici SEAH-a i koje je preuzelo velik dio njegove imovine, i to sve nakon što je Komisija donijela odluku o povratu.
However, a number of other factors rather indicate that Airport Handling was not set up as a circumvention company but rather as a genuinely new company.
Međutim, nizom drugih čimbenika upućuje se na to da Airport Handling nije osnovan radi izbjegavanja obveze, nego kao stvarno novo društvo.
The strongest element in this respect is that the client portfolio had to be newly created by approaching the airlines with offers independent from previous SEAH contracts and by concluding new agreements at new conditions with them.
Najuvjerljiviji je element u tom pogledu činjenica da je bilo potrebno ponovno izgraditi portfelj klijenata kontaktiranjem sa zračnim prijevoznicima i dostavljanjem ponuda neovisnih o prethodnim ugovorima sa SEAH-om te sklapanjem s njima novih sporazuma s novim uvjetima.
Airport Handling therefore had to newly acquire its customers and gain market shares such as any competitor or new entrant would have had to do.
Stoga je Airport Handling morao iznova steći svoje klijente i tržišne udjele kao što bi to morao učiniti i svaki konkurent ili novi sudionik na tržištu.
Considering that the client portfolio is the basis for the ground handling business, the Commission attributes a high weight to this element.
Budući da je portfelj klijenata temelj poslovanja u području zemaljskih usluga, Komisija tom elementu pridaje veliku važnost.
As regards assets taken over from SEAH, Airport Handling paid at least a market price for the lease of the assets and later, when it purchased part of the assets, paid a price that was at least the price market operators were ready to pay.
U pogledu imovine preuzete od SEAH-a Airport Handling platio je najmanje tržišnu cijenu za najam imovine te je za kupnju dijela imovine platio cijenu koja je najmanje bila jednaka cijeni koju bi sudionici na tržištu bili spremni platiti.
Further, the workforce was not block transferred.
Nadalje, nije bilo skupnog prijenosa zaposlenika.
Airport Handling concluded new contracts at new conditions.
Airport Handling sklopio je nove ugovore po novim uvjetima.
Any competitor or new entrant would have had the same possibility to recruit former SEAH employees, and the former SEAH workers just seemed the most appropriate target for new recruitments.
Svaki konkurent ili novi sudionik na tržištu mogao bi jednako tako zaposliti bivše zaposlenike SEAH-a koji su se samo činili najprimjerenijom ciljnom skupinom za nova zapošljavanja.
Only a part of the assets was transferred; in addition they represent only a minor part of the overall production factor in the ground handling business.
Prenesen je samo dio imovine; uz to, ona predstavlja samo manji dio ukupnog proizvodnog čimbenika u sektoru zemaljskih usluga.
With respect to the economic logic of the operation, Airport Handling manages its activities under different operating conditions than SEAH’s and under its own business plan.
U pogledu ekonomske logike poslovanja Airport Handling svoje poslovanje vodi po drukčijim uvjetima od SEAH-a i na temelju vlastitog poslovnog plana.
Against that backdrop, the Commission considers that on balance, there is no economic continuity between SEAH and Airport Handling and the creation of the latter cannot be regarded as a circumvention of the recovery decision.
U tom kontekstu Komisija smatra da, uzimajući sve u obzir, ne postoji gospodarski kontinuitet između SEAH-a i društva Airport Handling te da se osnivanje potonjeg ne može smatrati izbjegavanjem odluke o povratu.
Consequently, Airport Handling cannot be held liable to repay the aid found incompatible in the recovery decision.
Stoga se Airport Handling ne može smatrati odgovornim za povrat potpore za koju je u odluci o povratu utvrđeno da nije spojiva s unutarnjim tržištem.
SEA’s investment in Airport Handling — existence of State aid
Ulaganje društva SEA u Airport Handling – postojanje državne potpore
Therefore, in order to determine whether the measures constitute State aid within the meaning of Article 107(1) of the Treaty, all the above-mentioned conditions need to be fulfilled.
Stoga, kako bi se odlučilo smatraju li se mjere državnom potporom u smislu članka 107. stavka 1. Ugovora, svi prethodno navedeni uvjeti moraju biti ispunjeni.
Namely, the financial support should:
Drugim riječima:
be granted by a Member State or through State resources;
financijsku potporu trebala bi dodijeliti država članica ili se dodjeljuje iz državnih sredstava,
favour certain undertakings or the production of certain goods;
financijskom potporom stavljaju se u povoljniji položaj određeni poduzetnici ili proizvodnja određene robe,
distort or threaten to distort competition;
financijskom potporom narušava se ili prijeti narušavanju tržišnog natjecanja,
affect trade between Member States.
financijskom potporom utječe se na trgovinu među državama članicama.
Selective economic advantage — the market economy investor principle
Selektivna gospodarska prednost – načelo ulagača u tržišnom gospodarstvu
Italy is of the opinion that SEA’s injection in Airport Handling’s capital complied with the market economy investor principle and thus no advantage was granted to Airport Handling, and therefore the measure did not constitute State aid.
Italija smatra da je dokapitalizacija društva Airport Handling koju je provela SEA u skladu s načelom ulagača u tržišnom gospodarstvu i da mu time nije dodijeljena nikakva prednost te da, stoga, mjera ne čini državnu potporu.