natgillin/translations-raw huggingface dataset:
Then, after SEAH and Airport Handling had agreed to broaden that second valuation in order to include new information gathered in equipment delivery reports, the experts found that a number of machinery and equipment items were not suitable for use and revised their initial estimate […] [8] Business secret.
Na temelju dostupnih informacija može se zaključiti da su SEAH i upravitelj nepristrano pregovarali o ugovoru o najmu.
, to EUR […] [8] Business secret.
Nadalje, najamnina je određena na temelju dvaju kasnijih vanjskih vrednovanja.
Based on that second evaluation report, SEAH and Airport Handling agreed to reduce the lease amount to EUR […] [8] Business secret.
Kako bi potvrdili osnovanost prvog vrednovanja, u kojem je određena godišnja najamnina od […] [8] Poslovna tajna.
In conclusion, available information suggests that SEAH and Airport Handling negotiated at arm’s length, and relied on expert reports on the value of the assets in question.
EUR, SEAH i Airport Handling zajednički su angažirali E&Y da ponovno procijeni najamninu.
The fact that the second valuation was revised upon mutual request of both parties indicates that both intended to keep the lease price as closely as possible in line with market conditions and to pre-empt any possible doubt of collusion.
U okviru tog drugog vrednovanja najprije je preporučena najamnina od […] [8] Poslovna tajna.
The Commission therefore considers the agreed lease fee to be at least the market price.
EUR, što je […] [8] Poslovna tajna.
Purchase of part of SEAH’s assets by Airport Handling — the purchase price
EUR.
Airport Handling purchased the assets after the failure of the bidding procedure and after the expiry of the leasing agreement.
Zatim su, nakon što su se SEAH i Airport Handling dogovorili o proširenju tog drugog vrednovanja kako bi se uključile nove informacije prikupljene u izvješćima o isporuci opreme, stručnjaci utvrdili da niz strojeva i opreme nije prikladan za upotrebu te su revidirali svoju početnu procjenu […] [8] Poslovna tajna.
The Commission assessed whether Airport Handling through that transaction received any advantage originating from previous unlawful aid granted to SEAH.
na […] [8] Poslovna tajna.
That assessment starts on the premise that an advantage is excluded if the purchase price of EUR […] [8] Business secret.
EUR.
corresponds to at least the market price.
Na temelju drugog izvješća o ocjeni SEAH i Airport Handling dogovorili su sniženje godišnjeg iznosa najma na […] [8] Poslovna tajna.
The call for expression of interest for SEAH assets was published on 12 November 2014 in the Supplement to the Official Journal of the European Union.
Zaključno, na temelju dostupnih informacija može se zaključiti da su SEAH i Airport Handling nepristrano pregovarali i da su se oslanjali na izvješća stručnjaka o vrijednosti predmetne imovine.
In view of the large number of items, the liquidator, with the assistance of independent consulting company IMQ, decided to divide the items into nine lots.
Činjenicom da je drugo vrednovanje revidirano na zajednički zahtjev obiju strana upućuje se na to da su obje strane namjeravale cijenu najma u najvećoj mogućoj mjeri uskladiti s tržišnim uvjetima i unaprijed isključiti svaku moguću sumnju u dosluh.
According to SEAH, the reason was to avoid inefficiency due to excessive fragmentation.
Stoga Komisija smatra da je dogovorena najamnina najmanje jednaka tržišnoj cijeni.
With a view to attracting as many bidders as possible, each lot was defined as a stand-alone combination of assets, including items which are complementary and of different values.
Kupnja dijela imovine SEAH-a koju je izvršio Airport Handling – kupovna cijena
An external expert had set a minimum price for each of the lots.
Airport Handling kupio je imovinu nakon neuspješnog natječajnog postupka i nakon isteka ugovora o najmu.
The sale procedure was restricted to handlers, airport operators, air carriers, manufacturers of the types of equipment sold, resellers and leasing companies fulfilling certain minimum-solvency criteria.
Komisija je ocijenila je li Airport Handling tom transakcijom ostvario prednost koja proizlazi iz prethodne nezakonite potpore dodijeljene SEAH-u.
According to Italy, no formal expression of interest was received in the tender.
Ta ocjena započinje pretpostavkom da je prednost isključena ako kupovna cijena od […] [8] Poslovna tajna.
SEAH only received informal communications from third parties aiming to explore the possibility of acquiring only certain assets however at lower prices than the ones indicated in the tender.
EUR odgovara barem tržišnoj cijeni.
Those communications were provided to the Commission in the investigation.
Poziv za iskaz interesa za imovinu SEAH-a objavljen je 12. studenoga 2014. u Dodatku Službenom listu Europske unije.
Italy submitted that following the negative outcome of the tender, SEAH’s liquidator tried to raise the interest of potential purchasers of SEAH’s assets, by contacting certain operators active in the handling services sector, as well as those operators that had informally expressed their interest during the tender procedure, and by allowing access to the data room as well as to assets, so as to enable any interested operator to inspect the assets on site.
S obzirom na velik broj stavki likvidator je, uz pomoć neovisnog konzultantskog društva IMQ, odlučio te stavke podijeliti u devet lotova.
Some notices of interest to purchase SEAH’s equipment were received as a result, however still at prices lower than those indicated in the tender.
Prema mišljenju SEAH-a to je učinjeno kako bi se izbjegla nedjelotvornost zbog pretjerane fragmentacije.
In the end, the only credible purchaser interested in the purchase of SEAH’s equipment was Airport Handling.
Kako bi se privuklo što više ponuditelja, svaki je lot definiran kao samostalna kombinacija imovine, uključujući stavke koje su komplementarne i različitih vrijednosti.
The Commission assessed whether the bidding procedure in question effectively addressed the market, so that its failure can be seen as an indication that the market was not interested in purchasing SEAH’s assets.
Vanjski stručnjak odredio je minimalnu cijenu za svaki lot.
The Commission assumes a bidding procedure to be effectively open to the market and geared towards revenue maximisation if the procedure is open, transparent, non-discriminatory and non-conditional.
Postupak prodaje bio je ograničen na pružatelje zemaljskih usluga, upravitelje zračnih luka, zračne prijevoznike, proizvođače vrste opreme koja se prodavala, preprodavače i društva za leasing koji ispunjuju određene kriterije u pogledu minimalnog solventnog kapitala.
As to the openness of the procedure in question, the Commission notes that the sale was published in the Supplement to the Official Journal of the EU and thus was given adequately wide publicity.
Italija je navela da tijekom natječaja nije zaprimljen nijedan službeni iskaz interesa.
The procedure was however restricted to certain types of buyers, namely handlers, airport operators, air carriers, producers, resellers and leasing companies meeting certain minimum-solvency criteria (recital 193 above).
SEAH je zaprimio samo neslužbene upite trećih strana koje su namjeravale ispitati mogućnost stjecanja samo određene imovine, no po nižim cijenama od onih koje su navedene u natječaju.
Further, the Italian authorities have not brought forward valid reasons for a priori restricting the range of potential buyers.
Ti su upiti dostavljeni Komisiji tijekom istražnog postupka.
Therefore, the bidding procedure was not fully open, as eligibility criteria may have limited the bidding procedure such that the public owner could not be sure of receiving the economically most favourable offer.
Italija je navela da je nakon negativnog ishoda natječaja likvidator SEAH-a pokušao potaknuti interes potencijalnih kupaca SEAH-ove imovine kontaktiranjem s određenim subjektima koji posluju u sektoru zemaljskih usluga i subjektima koji su neslužbeno iskazali interes tijekom natječajnog postupka te dopuštanjem pristupa sobi s podatcima kako bi se svim zainteresiranim subjektima omogućio pregled imovine na licu mjesta.
In practice however, the Commission takes the view that there are no indications suggesting that, had the tender not be limited to ground handling operators or related businesses, the tender would have been successful.
Kao rezultat toga, zaprimljene su neke obavijesti o interesu za kupnju SEAH-ove opreme, ali još uvijek po cijenama nižima od cijena navedenih u natječaju.
This is corroborated by the fact that the attempts to attract bidders informally outside the scope of the tender procedure also failed to produce bids reaching the requested prices.
Na kraju je jedini vjerodostojni zainteresirani kupac SEAH-ove opreme bio Airport Handling.
SEAH’s liquidator received a number of expressions of interest to purchase SEAH’s equipment at prices lower than those indicated in the bidder procedure.
Komisija je ocijenila je li u predmetnom natječajnom postupku tržište stvarno uzeto u obzir tako da se neuspjeh postupka može smatrati naznakom da tržište nije zainteresirano za kupnju SEAH-ove imovine.
This is sufficient indication that market operators outside the restricted field of initially eligible bidders were not ready to pay the price asked for by SEAH.
Komisija smatra da je natječajni postupak stvarno otvoren tržištu i usmjeren na maksimiziranje prihoda ako je postupak otvoren, transparentan, nediskriminirajući i bezuvjetan.
The above described outcome of both the sales procedure and the negotiations between SEAH as seller and Airport Handling as buyer indicate that the initial asking price was above the price that market operators were ready to pay.
U pogledu otvorenosti predmetnog postupka Komisija napominje da je prodaja objavljena u Dodatku Službenom listu EU-a i da je on, stoga, bio dostupan široj javnosti.
In particular, SEAH’s liquidator as seller negotiated at arm’s length, in order to obtain the maximum economic benefit from the sale of the assets concerned.
Međutim, postupak je bio ograničen na određene vrste kupaca, točnije pružatelje zemaljskih usluga, upravitelje zračnih luka, zračne prijevoznike, proizvođače, preprodavače i društva za leasing koji ispunjuju određene kriterije u pogledu minimalnog solventnog kapitala (prethodna uvodna izjava 193.).
Documentation provided by the Italian authorities shows that the offer made by Airport Handling was indeed the economically most advantageous offer SEAH had received.
Nadalje, talijanska tijela nisu iznijela valjane razloge za ograničavanje raspona potencijalnih kupaca a priori.
Airport Handling, in turn, had economic reasons to acquire the assets despite SEAH’s refusal to grant a discount or more favourable payment terms.
Stoga natječajni postupak nije bio u potpunosti otvoren jer se kriterijima prihvatljivosti možda ograničio natječajni postupak tako da javni vlasnik nije mogao biti siguran da je primio ekonomski najpovoljniju ponudu.
The purchase price can be considered to be at least the market price.
Međutim, u praksi Komisija zauzima stajalište da ne postoje naznake da bi natječaj bio uspješan da nije bio ograničen na pružatelje zemaljskih usluga ili slične subjekte.
Hence, there is no indication that Airport Handling through the purchase of part of SEAH’s assets received any advantage that would stem from previous unlawful aid to SEAH.
To je potkrijepljeno činjenicom da se ni neslužbenim pokušajima privlačenja ponuditelja izvan opsega natječajnog postupka nisu uspjele dobiti ponude s traženim cijenama.
Conclusion on the Market Price as potential indicator of economic continuity
Likvidator SEAH-a zaprimio je niz iskaza interesa za kupnju SEAH-ove imovine po cijenama koje su bile niže od cijena navedenih u natječajnom postupku.
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.
To je dostatan pokazatelj da sudionici na tržištu izvan ograničenog kruga prvotno prihvatljivih ponuditelja nisu bili spremni platiti cijenu koju je tražio SEAH.
Hence, lease price and purchase price cannot be held as an indicator of economic continuity in this case.
Prethodno opisanim ishodom postupka prodaje i pregovora između SEAH-a kao prodavatelja i društva Airport Handling kao kupca upućuje se na to da je početna tražena cijena bila viša od cijene koju su sudionici na tržištu bili spremni platiti.
Identity of the shareholders
Konkretno, likvidator SEAH-a kao prodavatelj pregovarao je nepristrano kako bi dobio najveću moguću ekonomsku korist od prodaje predmetne imovine.
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.
Iz dokumentacije koju su dostavila talijanska tijela vidljivo je da je ponuda društva Airport Handling doista bila ekonomski najpovoljnija ponuda koju je zaprimio SEAH.
Moreover, Italy proposed to open 20 % of Airport Handling’s share capital to investors.
S druge strane, Airport Handling imao je ekonomske razloge za stjecanje imovine iako mu je SEAH odbio odobriti popust ili povoljnije uvjete plaćanja.
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.
Kupovna cijena može se smatrati najmanje tržišnom cijenom.
Moreover, this opening of the capital would only occur after the entry of Airport Handling on the market.
Stoga ne postoje naznake da je kupnjom dijela SEAH-ove imovine Airport Handling stekao prednost koja bi proizlazila iz prethodne nezakonite potpore odobrene SEAH-u.
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.
Zaključak o tržišnoj cijeni kao mogućem pokazatelju gospodarskog kontinuiteta
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.
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.
The Commission assessed the chronological and material characteristics of identity of ownership in the case in question.
Stoga se cijena najma i kupovna cijena u ovom predmetu ne mogu smatrati pokazateljem gospodarskog kontinuiteta.
First, as regards chronology, the Commission notes that SEA established Airport Handling on 9 September 2013.
Identitet dioničara
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 je primijetila da se Italija obvezala prepustiti upravljanje društvom Airport Handling neovisnom upravitelju u razdoblju od tri godine.
The latter, in turn, then appointed a new Board of Directors of Airport Handling.
Nadalje, Italije je predložila ulagačima otvoriti 20 % temeljnog kapitala društva Airport Handling.
Airport Handling started operations a few days later, on 1 September 2014.
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.
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.
Osim toga, to otvaranje kapitalne strukture dogodilo bi se tek nakon što Airport Handling uđe na tržište.
been concluded.
Tijekom istražnog postupka Italija je tvrdila da će se osnivanjem Trusta jamčiti nepostojanje kontinuiteta između SEAH-a i društva Airport Handling.
Then however, Airport Handling was fully owned and controlled by SEA.
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.
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.
Komisija je ocijenila kronološke i materijalne karakteristike identiteta vlasnika u ovom predmetu.
In that respect, the Commission notes the following:
Prvo, u pogledu kronologije Komisija napominje da je SEA osnovala Airport Handling 9. rujna 2013.
According to the Trust Deed, the activity of the Trustee is subject to certain material constraints, notably the Trustee is not required to investigate:
Trust je osnovan 30. lipnja 2014.; Ugovor o trustu potpisan je istog dana.
whether representatives of SEA have participated to the negotiations with the employees to be re-employed by Airport Handling,
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.
that SEA outsources personnel to Airport Handling, including its Director-General,
Potonji je zatim imenovao novi Upravni odbor društva Airport Handling.
that certain central services, including investor relations and customer care, will continue to be provided by SEA,
Airport Handling započeo je poslovanje nekoliko dana kasnije, odnosno 1. rujna 2014.
that funding decisions are entirely left to the discretion of SEA.
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.
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.
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.
Indeed, the Commission notes that SEA seconded two senior managers to AH.
U tom pogledu Komisija napominje sljedeće.
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.
jesu li predstavnici društva SEA sudjelovali u pregovorima sa zaposlenicima koji će se zaposliti u društvu Airport Handling,
Their remuneration would also be independently determined by Airport Handling.
je li SEA izmjestila osoblje društvu Airport Handling, uključujući svojega glavnog direktora,
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.
hoće li SEA nastaviti pružati određene centralizirane usluge, uključujući upravljanje odnosima s ulagačima i pružanje potpore klijentima,
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.
jesu li odluke o financiranju u cijelosti ostavljene u diskrecijskoj ovlasti društva SEA.
In fact, Italy clarified that Airport Handling signed secondment contracts with SEA for […] [8] Business secret.
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.
employees.
Naime, Komisija napominje da je SEA dva viša rukovoditelja uputila u AH.
(301) In conclusion, the Commission finds that both the chronology and the material provisions of the entrustment confirm that SEA throughout Airport Handling’s start-up phase and entry into economic activities has enjoyed control over that company to an extent which, albeit varying, continuously ensured significant influence over its day-to-day management.
Obojica trenutačno drže više upravljačke funkcije u društvu Airport Handling.
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.
Prema mišljenju Italije više neće postojati hijerarhijski odnos između društva SEA i tih rukovoditelja te potonji neće obavljati nikakve aktivnosti u korist društva SEA.
% 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.
Uz to, njihovu naknadu neovisno će određivati Airport Handling.
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.
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.
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.
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.
Lastly, available information confirms that D’Nata is not identical with, or otherwise linked to, SEA.
De facto, Italija je pojasnila da je Airport Handling s društvom SEA potpisao ugovore o upućivanju za […] [8] Poslovna tajna.
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.
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.
Therefore, the Commission cannot conclude solely on the basis of the criterion regarding the identity of the shareholders that there is no economic continuity.
% 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.
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.
D’Nata će imati stvarnu kontrolu nad društvom Airport Handling kad imenuje većinu upravnog odbora i glavnog izvršnog direktora društva Airport Handling.