natgillin/translations-raw huggingface dataset:
Kem One estimated available capacity in the PVC market in north-western Europe at […] kt and maximum production at […] kt (- [5-15] % for seasonal effects and maintenance).
Društvo Kem One procjenjuje da kapacitet dostupan na tržištu PVC-a u sjeverozapadnoj Europi iznosi […] kt, a maksimalna proizvodnja […] kt (– [5 – 15] % za sezonske učinke i održavanja).
Operating rates for the S-PVC market therefore stood at [85-95] % of the realistic maximum and [80-90] % of operational capacity.
Stoga stope iskorištenosti na tržištu S-PVC-a iznose [85 – 95] % ostvarivog maksimuma i [80 – 90] % operativnog kapaciteta.
For paste PVC (E-PVC), the figures were almost identical: [85-95] % of the realistic maximum and [80-90] % of operational capacity.
Odgovarajuće brojke gotovo su jednake za PVC pastu (ili E-PVC), odnosno iznose [85 – 95] % ostvarivog maksimuma i [80 – 90] % operativnog kapaciteta.
The real figures showed that the situations of the S-PVC market and Kem One were better than described by Ineos in its comments.
Stvarne brojke tako dokazuju da su stanje na tržištu S-PVC-a i položaj društva Kem One bolji od onoga kako ih opisuje društvo Kem One u svojim primjedbama.
Second, France took the view that the assertions by Ineos and anonymous undertaking 1 to the effect that Kem One's production sites suffered from overcapacity of 40 % were groundless.
Kao drugo, Francuska smatra da su tvrdnje društva Ineos i anonimnog poduzetnika 1, prema kojima u proizvodnim postrojenjima društva Kem One stopa prekomjernog kapaciteta iznosi 40 %, potpuno neosnovane.
Ineos had not explained its calculation method.
Naime, društvo Ineos ne pojašnjava svoju metodu izračuna.
Even with a fall in production volumes at Kem One's plants in the 2011-2013 period due to technical incidents, the average utilisation rate of the S-PVC plants over five years was [70-80] %, according to France.
Čak i da je za obujam proizvodnje imovine društva Kem One zbog događaja tehničke naravi bio iskazan pad u razdoblju od 2011. do 2013., prosječna stopa iskorištenosti imovine S-PVC-a kroz pet godina iznosi, prema mišljenju Francuske, [70 – 80] %.
So, contrary to what was argued by Ineos and anonymous undertaking 1, Kem One's difficulties were not linked to overly low production levels.
Stoga, suprotno tvrdnjama društva Ineos i anonimnog poduzetnika 1, teškoće društva Kem One nisu povezane s premalom razinom proizvodnje.
The real reasons behind Kem One's filing for insolvency at the end of March 2013 were an accumulation of structural problems (high costs of raw materials, insufficiently competitive chlorine and caustic soda production plant at Lavéra) and cyclical difficulties (scheduled long-term shutdown and technical problem affecting ethylene supplies).
U stvarnosti, prijava stečaja društva Kem One krajem ožujka 2013. načelno proizlazi iz nakupljenih teškoća strukturne naravi (visoki troškovi pristupa sirovinama, nedovoljno konkurentno postrojenje za proizvodnju klora i natrijeva hidroksida u Lavéri) te operativne naravi (planiran dugoročni prekid poslovanja i tehnički problem u nabavi etilena).
To provide an effective response to these various handicaps, the restructuring plan included:
Da bi se učinkovito odgovorilo na te različite nedostatke, planom restrukturiranja predviđeno je sljedeće:
major investment to convert the electrolysis facilities at Lavéra and carry out drilling at the Vauvert saltworks,
velika ulaganja u pretvorbu pogona za elektrolizu u Lavéri i bušenje izvora za dobivanje slane vode u Vauvertu,
renegotiation of Kem One's main contracts for the supply of key raw materials,
ponovni pregovori o glavnim ugovorima društva Kem One o nabavi ključnih sirovina,
internal restructuring accompanied by a performance and productivity plan, and
unutarnje restrukturiranje povezano s planom povećanja učinkovitosti i produktivnosti,
a review of commercial policy.
naposljetku, izmjena komercijalne politike.
In the base-case scenario, the restructuring plan would allow Kem One to return to a level of gross margin of [25-35] % of turnover from 2017 and an EBITDA of [5-15] % from 2018, in line with average profitability in the commodity chemicals sector.
U slučaju uspješnosti nominalnog scenarija, plan restrukturiranja omogućit će društvu Kem One da od 2017. ponovno dosegne stopu bruto marže od [25 – 35] % prodaje, od 2018. razinu EBITDA-e od [5 – 15] %, što je u skladu s prosječnom razinom profitabilnosti u sektoru bazne kemijske industrije.
Moreover, the hypotheses in the restructuring plan and the business plan were based on relatively stable turnover figures (and not necessarily a significant increase in S-PVC sales) and production figures close to historic levels for the undertaking.
Osim toga, pretpostavke iznesene u planu restrukturiranja i poslovnom planu temelje se na relativnoj stabilnosti prometa (a ne nužno na scenariju znatnog povećanja prodaje S-PVC-a) te na pretpostavkama da su razine proizvodnje približne onima koje je poduzetnik ostvarivao u prošlosti.
In any event, FIDES data (S-PVC industry statistics) showed that Kem One's share of the S-PVC market in western Europe was [10-20] % in 2014, which was similar to its share in 2011 and 2012 and higher than in 2013 ([10-20] %).
U svakom se slučaju, na temelju podataka FIDES-a (statistika o industriji S-PVC-a), može utvrditi da je udio društva Kem One na tržištu S-PVC-a u zapadnoj Europi 2014. iznosio [10 – 20] %, što odgovara razini koja je slična onoj iz 2011. i 2012. te koja je veća u odnosu na 2013.
In addition, Kem One had seen a rise in its sales and export margins to the Turkish market in the last six months, where it had opportunely picked up the market shares of North American producers owing to the significant fall in the euro against the dollar and the drop in oil prices.
([10 – 20] %). Osim toga, društvu Kem One već šest mjeseci ostvaruje rast prodaje i marže izvoza na tursko tržište, gdje je društvo Kem One, prema vlastitu mišljenju, pravovremeno preuzelo tržišne udjele sjevernoameričkih proizvođača s obzirom na znatan pad eura u odnosu na dolar te pad cijene nafte.
The French authorities also pointed out that the assertions by Ineos to the effect that Kem One had a poor reputation among consumers on the S-PVC market in north-western Europe contradicted the argument made elsewhere to justify the requirement for compensatory measures, namely: ‘Kem One is a significant player in the S-PVC market’.
Francuska tijela jednako tako navode da su tvrdnje društva Ineos, prema kojima je društvo Kem One bilo na lošem glasu među potrošačima na tržištu S-PVC-a u sjeverozapadnoj Europi, u suprotnosti sa stajalištima koja su, među ostalim, iznesena kako bi se opravdalo donošenje kompenzacijskih mjera, osobito sa sljedećim stajalištem: „Kem One is a significant player in the S-PVC market” („Društvo Kem One važan je sudionik na tržištu S-PVC-a”).
France also took the view that the part of the restructuring plan involving the reorientation of Kem One's commercial policy towards markets other than S-PVC was based on prudent and realistic hypotheses and was merely a minor component of the plan compared with the industrial part.
Osim toga, Francuska smatra da se dio plana restrukturiranja koji se odnosi na preusmjeravanje komercijalne politike društva Kem One na druga tržišta koja nisu tržište S-PVC-a temelji na razboritim i realnim pretpostavkama te da predstavlja samo jedan manji element u odnosu na industrijski aspekt plana.
According to France, the undertaking was well aware that the biggest margins would be gained not from the commercial policy side but from the renegotiation of the contracts for access to raw materials and platforms, and from infrastructure modernisation.
Prema mišljenju Francuske, poduzetnik je u potpunosti svjestan činjenice da se najveća povećanja marži neće ostvariti komercijalnom politikom, nego ponovnim pregovorima o ugovorima o pristupu sirovinama i platformama ili pak modernizacijom infrastrukture.
the structural overcapacity in the S-PVC market,
strukturni prekomjerni kapacitet tržišta S-PVC-a,
the size of Kem One's share of the S-PVC market,
veličina tržišnog udjela društva Kem One na tržištu S-PVC-a,
the credibility of the counterfactual scenario, and
vjerodostojnost hipotetskog scenarija,
the proposal of disproportionate compensatory measures by the third parties.
neproporcionalne kompenzacijske mjere koje predlažu treće osobe.
While it could not be denied that there was structural overcapacity, its portrayal by Ineos, in France's view, needed to be significantly qualified in a number of respects.
Iako se ne može opovrgnuti postojanje strukturnog prekomjernog kapaciteta, onaj na koji upućuje društvo Ineos treba se, sa stajališta Francuske, bitno promijeniti u nekoliko aspekata.
First, producers' unused capacity generally ranged between 8 % and 10 % to take account of the irregular distribution of supply and demand.
Najprije, neiskorišteni kapacitet proizvođača općenito iznosi od 8 do 10 %, pri čemu se u obzir uzima nepravilna raspodjela između ponude i potražnje.
In addition, the market situation, as pointed out by the Commission in its decision in Ineos/Solvay/JV, varied considerably from one geographic area to another.
Osim toga, kao što Komisija ističe u svojoj Odluci Ineos/Solvay/JV, stanje na tržištu bitno se mijenja s obzirom na zemljopisno područje.
In the S-PVC market, transport and logistics costs played a significant part in defining the regional limits of the geographic market.
Na tržištu S-PVC-a, trošak prijevoza i logistike uvelike utječe na određivanje regionalnog tržišta u zemljopisnom smislu.
Prices and margins varied across regions.
Cijene i marže razlikuju se ovisno o regiji.
France took the view that Kem One's positions in the main markets in which it operated were far weaker than those of Ineos and Solvay.
Francuska smatra da je položaj društva Kem One na glavnim tržištima na kojima djeluje samo malo lošiji od položaja društava Ineos i Solvay.
As for Kem One, the Commission had stated that ‘Kem One [was] currently the number five player by sales volume and number three by capacity in NWE ([5-10]* % and [10-20]* % market shares, respectively)’.
U pogledu društva Kem One, Komisija je istaknula: „Kem One is currently the number five player by sales volume and number three by capacity in NWE ([5-10]* % and [10-20]* % market shares, respectively)” („Društvo Kem One trenutačno je peti najveći sudionik s obzirom na obujam prodaje i treći s obzirom na kapacitet na području sjeverozapadne Europe ([5 – 10]* %, odnosno [10 – 20]* % tržišnog udjela”)).
Moreover, Ineos and Solvay were the only two undertakings to concentrate their business so intensely on the north-western European market, unlike Kem One.
Osim toga, društva Ineos i Solvay jedina su dva poduzetnika koji se bave djelatnošću koja je tako snažno usredotočena na tržište sjeverozapadne Europe, za razliku od društva Kem One.
Ineos and anonymous undertaking 1 had questioned the credibility of the counterfactual scenario proposed by the French authorities, according to which a reduction in Kem One's production capacity in the PVC market would result in a reduction in the competitive pressure on the other market players.
Društvo Ineos i anonimni poduzetnik 1 dovode u pitanje vjerodostojnost hipotetskog scenarija koji predlažu francuska tijela, a prema kojemu bi smanjenje kapaciteta proizvodnje društva Kem One na tržištu PVC-a dovelo do smanjenja konkurentskog pritiska na ostale sudionike na tržištu.
However, France insisted that the S-PVC market did possess oligopolistic features, as pointed out by the Commission in its decision in Ineos/Solvay/JV.
Ipak, Francuska ustraje na činjenici da tržište S-PVC-a pokazuje obilježja oligopolnog tržišta, kao što je to Komisija navela u svojoj Odluci Ineos/Solvay/JV.
Contrary to what was argued by the interested third parties, France stressed that Ineos, Solvay and Kem One were currently the only market players with spare production capacity in north-western Europe.
Francuska ističe da su, suprotno tvrdnjama trećih zainteresiranih osoba, društva Ineos, Solvay i Kem One danas jedini sudionici koji raspolažu proizvodnim kapacitetima na području sjeverozapadne Europe.
France therefore took the view that imposing compensatory measures would not only threaten Kem One's return to viability but would also affect the structure of competition in the market, to the detriment of customers.
Francuska stoga smatra da bi nametanje kompenzacijskih mjera, osim što bi narušilo učinkovitu ponovnu uspostavu održivosti društva Kem One, utjecalo i na konkurentsku strukturu tržišta na štetu kupaca.
France regarded the compensatory measures proposed by the interested third parties as disproportionate.
Francuska smatra da kompenzacijske mjere koje su predložile zainteresirane strane nisu proporcionalne.
First, they were incompatible with the proposed restructuring plan.
Najprije, čine joj se da nisu u skladu s predmetnim planom restrukturiranja.
In France's view, for Kem One to remain in business and return to viability in the long term, a vertically integrated production chain had to be maintained, with, as at present, an economic balance between the capacity of the two upstream sites for chlorine and VCM on the one hand and the five downstream PVC production sites on the other.
Za održavanje poslovanja i ponovnu uspostavu dugoročne održivosti društva Kem One, prema Francuske, potrebno je održavanje vertikalno integriranog proizvodnog lanca koji predstavlja, kao što je to danas slučaj, gospodarsku ravnotežu između kapaciteta dvaju uzlaznih postrojenja za klor i VCM, s jedne strane, i kapaciteta pet silaznih postrojenja za proizvodnju PVC-a, s druge strane.
Closing a site or reducing Kem One's capacity would threaten the industrial balance of its business.
Tako bi zatvaranje postrojenja ili smanjenje kapaciteta društva Kem One narušilo industrijsku ravnotežu njegove djelatnosti.
By contrast, the French authorities confirmed that the commitment finally proposed to the effect that the nominal chlorine and caustic soda production capacity at Fos-sur-Mer and Lavéra would not be increased for […] constituted an appropriate compensatory measure.
Suprotno tomu, francuska tijela potvrđuju da konačno predložena obveza da se ne povećava nazivni kapacitet proizvodnje klora i natrijeva hidroksida u Fos-sur-Meru i Lavéri tijekom […] predstavlja prilagođenu kompenzacijsku mjeru.
This commitment had the advantage of keeping competition in the PVC market at the same intensity and ensuring that Kem One could return to viability, while also safeguarding the jobs that could be maintained under the restructuring plan.
U toj se obvezi očituje prednost očuvanja konkurentskog intenziteta na tržištu PVC-a i mogućnosti ponovne uspostave održivosti društva Kem One, s jedne strane, te očuvanja radnih mjesta koje je omogućeno planom restrukturiranja, s druge strane.
Lastly, France pointed out that Kem One's decision to withdraw from the ECVM was quite justified for reasons connected with its governance and operating costs, and this in no way prevented Kem One from conducting a pro-active environmental policy.
Naposljetku, Francuska želi istaknuti da je odluka društva Kem One o povlačenju iz ECVM-a bila potpuno opravdana razlozima povezanima s njegovim upravljanjem i operativnim troškovima, što nipošto ne sprječava društvo Kem One da provodi proaktivnu okolišnu politiku.
Aid limited to the minimum (own contribution).
Ograničenje potpore na najmanju razinu vlastitim doprinosom.
France pointed out that it had valued the amount of private contributions at EUR 356,3 million, or 68,6 % of all contributions.
Francuska podsjeća da je iznos privatnih doprinosa procijenila na 356,3 milijuna EUR, odnosno 68,6 % ukupnih doprinosa.
France responded to the objections raised by the interested third parties in respect of the bank loan of EUR [55-65], the debt write-off by private partners and the necessity of the SAM project.
Francuska odgovara na prigovore zainteresiranih strana na bankovni zajam od [55 – 65] milijuna EUR, otpis obveza privatnih partnera te nužnost projekta SAM.
France stressed that the comments by the third parties in respect of the bank loan were irrelevant, as it had not included the amount of the loan in the undertaking's own contribution.
Francuska ističe da su primjedbe trećih osoba o bankovnom zajmu bespredmetne s obzirom na činjenicu da u vlastiti doprinos poduzetnika nije uključila iznos tog zajma.
This loan was not one of the factors considered indispensable for financing the investments specific to the SAM project.
Taj zajam ne predstavlja element koji se smatra nužnim da bi se omogućilo financiranje vlastitih ulaganja u projekt SAM.
Even without the bank loan, Kem One's own contribution represented more than 50 % of the total contributions to the restructuring.
Čak i ako se ne uzme u obzir bankovni zajam, vlastiti doprinos društva Kem One predstavlja više od 50 % ukupnih doprinosa koji su stavljeni na raspolaganje za restrukturiranje poduzetnika.
France wished to point out that the Commission had, in previous decisions, already included debt write-off in the calculation of own contribution by the beneficiary.
Francuska želi podsjetiti da je Komisija u svojoj praksi odlučivanja pri izračunu doprinosa korisnika već uzimala u obzir otpis obveza.
Like Arkema, France remarked moreover that the debt write-off was an indicator of the confidence that the private partners had in the undertaking's continuing in business.
Kao i društvo Arkema, Francuska usto navodi da je otpis obveza pokazatelj povjerenja privatnih partnera u nastavak poslovanja poduzetnika.
In any event, even if the private debt write-off were not included in the calculation of own contribution, the latter would still account for more than 50 % of the restructuring costs.
U svakom slučaju, čak i kad bi se otpis privatnih obveza isključio iz izračuna vlastitog doprinosa, taj bi doprinos ostao veći od 50 % troškova restrukturiranja.
Vestolit took the view that the aid measures would allow Kem One to maintain non-viable assets, while its competitors had had to modernise their assets using their own resources.
Društvo Vestolit smatra da će predmetne mjere potpore društvu Kem One omogućiti da zadrži neodrživu imovinu, dok su njegovi konkurenti svoju imovinu morali modernizirati vlastitim doprinosom.
However, France pointed out that numerous competitors of Kem One had already benefited from State aid authorised by the Commission in order to carry out technological conversion measures similar to that put in place by Kem One.
Ipak, Francuska pojašnjava da su brojni konkurenti društva Kem One već primili državne potpore koje je Komisija odobrila za provedbu mjera tehnološke prenamjene nalik onoj koju je proveo poduzetnik Kem One.
This was justified in the light of the low returns on investment in conversion projects of this kind.
Ta je situacija opravdana s obzirom na nizak povrat ulaganja u predmetne projekte pretvorbe.
In response to the comments by anonymous undertaking 1 to the effect that Kem One would be obliged in any event to carry out the work under the SAM project in order to comply with Directive 2010/75/EU of the European Parliament and of the Council [18], France stated that the investment was already committed and was expected to be carried out before the end of 2016, in other words a year before the date required by the Directive.
U pogledu prigovora anonimnog poduzetnika 1 koji navodi da će društvo Kem One u svakom slučaju morati provesti radove predviđene projektom SAM na temelju Direktive 2010/75/EU Europskog parlamenta i Vijeća [18], Francuska odgovara da je ulaganje već iskorišteno i da se provedba projekta očekuje prije završetka 2016., odnosno godinu dana prije datuma propisanog navedenom Direktivom.
Moreover, the SAM project did not concern the mercury electrolysis unit(s) alone.
Osim toga, projekt SAM ne odnosi se isključivo na jedno postrojenje za elektrolizu sa živom ili više njih.
It also involved the modernisation of the diaphragm cell unit at Lavéra, which is why it was so central to the restructuring plan and why it allowed the undertaking to maintain a balance between its upstream (chlorine) and downstream (vinyl) production capacities, while at the same time considerably reducing costs.
Odnosi se i na modernizaciju postrojenja za elektrolizu s dijafragmom u Lavéri, što opravdava njegovu važnost u pogledu restrukturiranja i omogućuje poduzetniku da održi ravnotežu između svojih uzlaznih (klor) i silaznih kapaciteta proizvodnje (vinil), istodobno znatno smanjujući troškove.
ASSESSMENT OF THE AID MEASURES
OCJENA MJERA POTPORE
France notified the following three measures: (i) the FDES loan (EUR 30 million); (ii) a grant (EUR 15 million) and repayable advances (EUR 80 million); and (iii) the possible write-off of tax and social security debts (EUR 42 million, finally corrected to EUR […]).
Francuska je prijavila sljedeće tri mjere: i. zajam FDES-a (od 30 milijuna EUR), ii. subvenciju (od 15 milijuna EUR) i povratne predujmove (od 80 milijuna EUR) te iii. eventualan otpis poreznih i socijalnih obveza (od 42 milijuna EUR, konačno smanjena na […] EUR).
ASSESSMENT OF THE PRESENCE OF AID WITHIN THE MEANING OF ARTICLE 107(1) TFEU
PROCJENA POSTOJANJA POTPORE U SMISLU ČLANKA 107. STAVKA 1. UFEU-A
The Commission must ascertain whether the notified measures could constitute State aid within the meaning of Article 107(1) TFEU.
Komisija treba ispitati mogu li prijavljene mjere potpore predstavljati državnu potporu u smislu članka 107. stavka 1. UFEU-a.
Article 107(1) TFEU lays down that ‘any aid granted by a Member State or through state resources in any form whatsoever, which distorts or threatens to distort competition by favouring certain undertakings or the production of certain goods shall, in so far as it affects trade between Member States, be incompatible with the internal market’.
U skladu s člankom 107. stavkom 1. UFEU-a, „svaka potpora koju dodijeli država članica ili koja se dodjeljuje putem državnih sredstava u bilo kojem obliku kojim se narušava ili prijeti da će narušiti tržišno natjecanje stavljanjem određenih poduzetnika ili proizvodnje određene robe u povoljniji položaj, nespojiva je s unutarnjim tržištem u mjeri u kojoj utječe na trgovinu među državama članicama”.
This means that a public measure can be classed as State aid if all of the following tests are met: (i) the measure must confer an economic advantage on the beneficiary; (ii) the advantage must be imputable to the state; (iii) the advantage must be selective; and (iv) the measure must distort or threaten to distort competition and be likely to affect trade between Member States.
Na temelju te odredbe, neka se javna mjera može smatrati državnom potporom kada su ispunjeni svi kumulativni uvjeti navedeni u nastavku: i. da predmetna mjera daje gospodarsku prednost korisniku; ii. da je ta prednost državnog podrijetla; iii. da je ta prednost selektivna i iv. da predmetna mjera narušava ili prijeti da će narušiti tržišno natjecanje te da može utjecati na trgovinu među državama članicama.
Involvement of State resources and imputability to the State
Postojanje državnih sredstava i kriterij pripisivosti
The FDES loan was granted by order of the Minister for Economic and Financial Affairs and its implementation was entrusted to the Director-General of the Treasury.
Zajam FDES-a dodijeljen je odlukom ministra gospodarstva i financija čija je provedba povjerena upravitelju državne riznice.
FDES loans are made through a specific Treasury account and constitute expenditure on that account.
Zajmovi FDES-a ostvaruju se putem posebnog računa državne riznice te predstavljaju izdatke tog računa.
Interest on the loans, however, is paid into the general budget of the state.
Kamata zajmova plaćaju se u opći državni proračun.
The guidelines for using the FDES are still based on the circular of 26 November 2004 referred to in recital 28.
Metoda dodjele sredstava FDES-a i dalje se temelji na okružnici od 26. studenoga 2004. iz uvodne izjave 28.
FDES loans are always subject to a case-by-case assessment.
Dodjela zajmova FDES-a uvijek mora proći pojedinačno ispitivanje.
They are not awarded automatically in accordance with pre-established criteria.
Oni se ne dodjeljuju automatski na temelju prethodno utvrđenih kriterija.