natgillin/translations-raw huggingface dataset:
Given that the valuation was carried out on the basis of generally accepted valuation standards, which in this case consist of an analysis of transactions involving similar services, the Commission considers that the valuation adequately reflects the market value of the services in question.
U mjeri u kojoj gore utvrđene mjere predstavljaju državnu potporu u smislu članka 107. stavka 1.
The Commission considers that it cannot rely on the report of the expert commissioned by the Court of Genoa in the context of civil proceedings concluding that the pricing of the promotional activities was excessive: no benchmark is considered and no market value is put forward for comparable advertising activities in that report.
UFEU-a, njihova se sukladnost može ocijeniti u svjetlu iznimaka utvrđenih u stavcima 2. i 3. toga članka i članka 106. stavka 2.
Moreover, there is no indication that the expert in question has any relevant experience in carrying out similar tasks.
UFEU-a.
On this basis, the Commission cannot conclude that the price paid by RAS for the promotional services contains State aid.
Sukladno sudskoj praksi Suda, dužnost je države članice navesti moguće osnove za sukladnost i dokazati da su uvjeti za sukladnost ispunjeni.
EUR 3 million loan and the letters of comfort
RAS smatra da niti jedna od mjera koje se ocjenjuju ne predstavlja državnu potporu i naveo je moguće osnove za sukladnost samo u pogledu naknade za prometovanje na dvjema linijama prema kopnu i subvencije plaćene za promidžbene aktivnosti.
In particular, the EUR 3 million credit line initially considered was not drawn by Saremar before the first comfort expired and the second letter of comfort authorised by Decision 52/119/EC in the end was not issued by RAS.
Od toga datuma, sukladnost potpore u obliku naknade za obavljanje javnih usluga mora se ispitivati u svjetlu Odluke o uslugama od općeg gospodarskog interesa iz 2011. i kriterija iz Okvira za usluge od općeg gospodarskog interesa iz 2011.
The recapitalisation
Kao što je već bio slučaj s Odlukom o uslugama od općeg gospodarskog interesa iz 2005., Odluka o uslugama od općeg gospodarskog interesa iz 2011. primjenjuje se samo na državnu potporu u obliku naknade za obavljanje javnih usluga koja se dodjeljuje poduzećima u vezi s uslugom od općeg gospodarskog interesa koja je sukladna s Uredbom o pomorskoj kabotaži.
RAS has argued that (i) the measure did not involve a transfer of new public resources since it merely implied a transfer of funds already at Saremar's disposal, (ii) the measure was justified by profitability perspectives and based on a business plan prepared ex-ante, and (iii) the measure aimed to maximise the proceeds of the sale and was due to the financial situation of former parent company Tirrenia.
U Odluci iz 2012., Komisija je zauzela preliminarni stav da, time što su izravno povjerile pružanje usluga Saremaru, talijanske vlasti nisu ispoštovale članak 4. stavak 1.
RAS claimed that the measure was in no way linked to the operation by Saremar of the two routes to the mainland, but rather to the provision of SGEIs under the initial Convention with the Italian State, as prolonged.
Uredbe o pomorskoj kabotaži o nediskriminirajućem postupanju prema brodovlasnicima.
In order to assess whether the recapitalisation entailed an advantage to Saremar, the Commission must assess whether in similar circumstances, a private investor in a market economy would have made capital contributions of the same size, having regard in particular to the information available and foreseeable developments at the date of those contributions.
RAS je tijekom formalnog istražnog postupka tvrdio da se Saremar mogao okvalificirati kao unutarnji operator regije.
The MEIP should be applied ex-ante, i.e. one should determine whether at the time of the investment a private investor in a market economy would have prevailed upon making such capital contribution.
Prema RAS-u, iz sudske se prakse može zaključiti da se primjena načela zabrane diskriminacije isključuje pod uvjetom da je nadzor koji javno tijelo provodi nad operatorom sličan onome koji to tijelo provodi nad vlastitim odjelima i da operator ključni dio svojih djelatnosti provodi za nadzorna tijela.
A market investor would duly take into account the risks associated with the investment — so as to require higher profitability from more risky investments.
U svakom slučaju, Komisija ne mora donijeti odluku o tom pitanju za potrebe ovoga slučaja, s obzirom da mjera potpore nije sukladna s Odlukom o uslugama od općeg gospodarskog interesa iz 2011.
If, for instance, specific regulatory requirements, such as on minimum capital or liquidity, make the investment unprofitable, a market economy investor would not proceed with the investments.
Primjenjivost Odluke o uslugama od općeg gospodarskog interesa iz 2011.
The recapitalisation of Saremar was finally decided on 15 June 2012 when the Shareholders' Assembly decided to increase Saremar capital from EUR 1209010,64 to EUR 6099961 of which EUR 824309,69 paid in on 11 July 2012.
Odluka o uslugama od općeg gospodarskog interesa iz 2011. primjenjuje se samo na potporu u obliku naknade za obavljanje javnih usluga u vezi s uslugom od općeg gospodarskog interesa za kojom postoji stvarna potreba.
Given that the company appeared to be in a precarious financial position, it was the Commission's preliminary view in the 2012 Decision that a market economy investor would have required the implementation of a plan to restore the firm's viability, so that the company could provide a sufficient return for its shareholders.
Na temelju razloga izloženih u uvodnim izjavama 180.–218.
This view was supported by the interested parties in the course of the investigation.
Komisija zaključuje da RAS nije primjereno nužnim pravnim standardima dokazao postojanje stvarne potrebe za javnom uslugom koja bi opravdala nametanje obveze obavljanja javnih usluga na predmetnim linijama, niti je dokazao da su te obveze bile dovoljno precizne.
RAS provided to the Commission Saremar's business plan for 2011-2022, approved in July 2010.
Stoga se potpora dodijeljena Saremaru za prometovanje na dvjema linijama ne može smatrati potporom spojivom s unutarnjim tržištem na temelju Odluke o uslugama od općeg gospodarskog interesa iz 2011.
The Commission considers that Saremar's business plan for 2011-2022 is not based on realistic assumptions since (i) it did not refer to the capitalisation of the company by the public shareholder, but rather to a capital injection to be carried out pari passu by a future private shareholder and RAS after completion of the partial privatisation initially foreseen for November 2010; the capital injection laid down by the business plan for 2010 was supposed to provide one third of the required funding to acquire two vessels, whereas the remaining 70 % would have been obtained by the repayment by Tirrenia to Saremar of a EUR 11,5 loan (see recital 89 above) and from various financial institutions; (ii) it covers the 12-year duration of the new public service contract to be signed with the buyer of the company, which was initially sought to be signed end 2010.
sadržaj i trajanje obveze pružanja javne usluge;
This plan therefore only concerns measures to be implemented upon partial privatisation of the company.
poduzeće i, kad je primjenjivo, predmetno područje;
In summary, the business plan provided by RAS predates of about two years the binding decision to recapitalise Saremar.
priroda bilo kakvih isključivih ili posebnih prava dodijeljenih poduzeću;
In the meanwhile the market situation had changed significantly: Tirrenia was admitted to the extraordinary administration procedure in August 2010 and declared insolvent by the Court; the former parent company was subsequently acquired by CIN and the latter signed on 18 July 2012 a new Convention laying down PSOs on the routes between Sardinia and mainland Italy; Saremar's privatisation was delayed.
opis mehanizma naknade i parametara za obračun, nadzor i reviziju naknada;
The Commission considers a private investor would have updated its business plan to take into account the new market situation before deciding to inject the sums in question.
postupci za izbjegavanje i povrat svih preplaćenih naknada;
Both RAS and Saremar have confirmed that the capital injection was agreed so as to satisfy regulatory requirements, thus allowing the company to continue to stay in business.
uputa na Odluku o uslugama od općeg gospodarskog interesa iz 2011.
The case file contains no document showing that RAS took into consideration the profitability prospects of the company in the changed market situation when it decided to inject capital into Saremar in June 2012.
Prema RAS-u, mjera je u svojim glavnim elementima bila definirana prije stupanja na snagu novog paketa usluga od općeg gospodarskog interesa te bi se stoga za ocjenu spojivosti s unutarnjim tržištem primjenjivala Odluka o uslugama od općeg gospodarskog interesa iz 2005., a ne Odluka o uslugama od općeg gospodarskog interesa iz 2011.
The Commission considers that compliance with regulatory capital requirements would not have been a sufficient reason for a private market investor to inject further capital into a company.
Međutim, u ovom slučaju, naknada je dodijeljena tek u kolovozu 2012., Regionalnim Zakonom 15 od 7. kolovoza 2012., te ona stoga ne prethodi danu stupanja na snagu Odluke o uslugama od općeg gospodarskog interesa iz 2011.
As provided in the Commission communication on the application of Articles 92 and 93 of the EEC Treaty [now 107 and 108 TFEU] (hereinafter the MEIP Communication), investors are often obliged by law to contribute with additional equity to firms whose capital base has been eroded by continuous losses to below a predetermined level.
Argument RAS-a stoga nije održiv.
To answer Member States' claims that these capital injections cannot be considered as aid as they are merely fulfilling a legal obligation, the MEIP Communication provides that private investors faced with such a situation would consider all other options – including the liquidation or run-down – and choose the one which is financially the most advantageous.
Da zaključimo, potpora Saremaru ne može se smatrati spojivom s unutarnjim tržištem i izuzetom od obveze prijavljivanja na temelju Odluke o uslugama od općeg gospodarskog interesaiz 2011.
For the purpose of assessment of MEIP compliance, the Commission may only take into account information which was available at the time when the decision to make the investment was taken, including developments which were reasonably foreseeable at that time.
U svakom slučaju, s obzirom da ne postoje nikakve odredbe kojima se određuje naknada za prometovanje na dvjema linijama, niti bilo kakvi aranžmani za izbjegavanje i povrat bilo kakvih preplaćenih naknada, predmetna se naknada ne može smatrati spojivom s unutarnjim tržištem i izuzetom od obveze prijavljivanja niti na temelju Odluke o uslugama od općeg gospodarskog interesa iz 2005.
On account of the information available at the relevant time, the decision to recapitalise the company does not appear to be based on economic evaluations comparable to those which, in the relevant circumstances, a rational private investor in a similar situation would have had carried out, before making the investment, in order to determine its future profitability.
Saremar je poduzeće u teškoćama u smislu Smjernica za sanaciju i restrukturiranje
Indeed, the Commission notes that, at the time the recapitalisation was decided, the company was facing acute financial difficulties.
Iz razloga navedenih u nastavku, Komisija drži da se Saremar može smatrati poduzećem u teškoćama, u smislu Smjernica za sanaciju i restrukturiranje, u trenutku kada mu je dodijeljena predmetna naknada.
In addition, as put forward by RAS itself, it was not at that stage certain whether the operation of the routes to minor islands and Corsica would continue to be subsidised by the State.
Sukladno točki 9.
The Commission considers that RAS's argument, according to which several market investors had also injected capital into their companies competing with Saremar, thereby supporting their loss-making operations, is irrelevant to the extent that each investment decision must be assessed on its own merits.
Sukladno točki 10.
Fully fledged profitability projections may have been available to these private investors at the time of their investments.
Smjernica za sanaciju i restrukturiranje, smatra se da je poduzeće u teškoćama posebno u sljedećim slučajevima:
Furthermore, such companies may have been in a better financial situation prior to the recapitalisation, thus making it more likely that a return to profitability could be achieved.
u slučaju društva s ograničenom odgovornosti, ako je više od polovice iznosa temeljnog kapitala nestalo, a više od četvrtine toga kapitala je izgubljeno u prethodnih 12 mjeseci;
The Commission must likewise reject RAS's claim that the capitalisation of the company was in no way linked to the operation by Saremar of the routes to mainland Italy.
u slučaju društva u kojemu su barem neki članovi neograničeno odgovorni za dugove društva, ako je više od polovice njegova kapitala prikazanog u financijskim izvješćima nestalo, a više od četvrtine tog kapitala je izgubljeno u prethodnih 12 mjeseci;
As stressed by RAS, the objective of the measure was to allow the company to continue operation by bringing the capital, which had dropped by more than one third, back to legally approved standards.
u slučaju bilo kojeg oblika društva, ako temeljem nacionalnih propisa ono ispunjava uvjete za pokretanje kolektivnog stečajnog postupka.
Therefore, the recapitalisation of Saremar benefitted necessarily all the activities offered by that undertaking.
Sukladno točki 11.
The Commission therefore concludes that the decision to recapitalise the company does not comply with the MEIP and therefore confers on Saremar an advantage that it would not have received under normal market conditions.
Smjernica za sanaciju i restrukturiranje može se smatrati da je poduzeće u teškoćama i kada ne postoji niti jedna od pretpostavki iz točke 10., i u njoj se navode neki od uobičajenih pokazatelja da se radi o poduzeću u teškoćama, kao što su: rast gubitaka, pad prometa, rast zaliha, višak kapaciteta, smanjenje novčanih tokova, rast duga, porast troškova kamata i pad ili nulta vrijednost imovine.
Affectation of trade and distortion of competition
Saremar je u 2010. zabilježio gubitak od 5253530 EUR.
In order to be qualified as State aid, a financial measure must affect trade between Member States and distort or threaten to distort competition.
Gubitak iz 2010. prenesen je u 2012. i pokriven je smanjenjem kapitala poduzeća s 6099961 EUR na 1209010,64 EUR.
In its assessment of those two conditions, the Commission is not required to establish that the aid has a real effect on trade between Member States and that competition is actually being distorted, but only to examine whether that aid is liable to affect such trade and distort competition.
Saremar je prema tome u 2011. izgubio preko 80 % svoga kapitala i mora se smatrati poduzećem u teškoćama na temelju točke 10.
When aid granted by a Member State strengthens the position of an undertaking compared with other undertakings competing in intra-Union trade, the latter must be regarded as affected by that aid.
Smjernica za sanaciju i restrukturiranje.
Therefore, the measure under scrutiny is liable to affect Union trade and distort competition within the internal market.
Kako je navedeno u uvodnoj izjavi 157., Komisija je konstatirala da je sam Saremar svoju financijsku situaciju u 2012. smatrao kritičnom.
The fact that Saremar's share in that market has remained marginal does not affect this finding.
Takvo se činjenično stanje odražava i u Odluci 41/23 koju je RAS donio 15. listopada 2012.
LAWFULNESS OF THE AID
U toj se Odluci spominje Napomena od 4. listopada 2012. kojom predsjednik Saremara obavještava RAS, među ostalim, da, ako se odmah ne provedu odredbe Regionalnog zakona 15 od 7. kolovoza 2012., kojim se za poduzeće određuje subvencija u iznosu od 10 milijuna EUR, zaduženost poduzeća dovela bi u pitanje nastavak njegove djelatnosti, što bi imalo značajan utjecaj i na javnu uslugu i na planiranu privatizaciju poduzeća.
All measures subject to this Decision have been put into effect before formal approval by the Commission.
S obzirom na kontinuirane gubitke, probleme s likvidnošću i analizu koju je proveo sam Saremar, Komisija zaključuje da se poduzeće mora smatrati poduzećem u teškoćama i na temelju točke 11.
Therefore the Italian authorities did not respect the stand-still obligation under Article 108(3) TFEU.
Smjernica za sanaciju i restrukturiranje.
COMPATIBILITY OF THE AID
Financijske poteškoće Saremara u 2012. ublažila je u studenom/prosincu 2012. dodjela naknade koja je predmetom ove ocjene.
Insofar as the measures identified above constitute State aid within the meaning of Article 107(1) TFEU, their compatibility can be assessed in the light of the exceptions laid down in paragraphs 2 and 3 of that Article and Article 106(2) TFEU.
Da Saremar nije primio navedene iznose, u 2012. zabilježio bi gubitak od 13 milijuna EUR.
According to the case-law of the Court of Justice, it is up to the Member State to invoke possible grounds for compatibility and to demonstrate that the conditions for compatibility are met.
Prema točki 9.
RAS considers that none of the measures under assessment constitutes State aid and has only provided possible grounds for compatibility as concerns the compensation for the operation of the two routes to the mainland and the subsidy paid for the promotional activities.
Okvira za usluge od općeg gospodarskog interesa iz 2011., naknada za usluge od općeg gospodarskog interesa koja se odobrava poduzećima u teškoćama mora se ocijeniti na temelju Smjernica za sanaciju i restrukturiranje.
On 31 January 2012 the new SGEI package entered into force.
S obzirom da uvjeti navedeni u Odluci o uslugama od općeg gospodarskog interesa iz 2011. nisu ispunjeni, naknada koju je Saremar u teškoćama primio za prometovanje na dvjema predmetnim linijama mora se ocijeniti na temelju Smjernica za sanaciju i restrukturiranje, kako bi se utvrdilo može li se ona proglasiti nespojivom s unutarnjim tržištem prema članku 107. stavku 3.
As of this date, the compatibility of the aid under the form of public service compensation has to be examined in light of the 2011 SGEI Decision and the 2011 SGEI Framework's criteria.
UFEU-a.
As was already the case under the 2005 SGEI Decision, the 2011 SGEI Decision is only applicable to State aid in the form of public service compensation granted to undertakings in connection with a SGEI which complies with the Maritime Cabotage Regulation.
Međutim, da bi se državna potpora poduzeću u teškoćama smatrala spojivom s unutarnjim tržištem u sladu s člankom 107. stavkom 3. točkom (c) UFEU-a, moraju biti ispunjeni svi uvjeti utvrđeni u Smjernicama za sanaciju i restrukturiranje.
In the 2012 Decision, the Commission took the preliminary view that, by directly entrusting the operation of the services to Saremar, the Italian authorities did not observe Article 4(1) of the Maritime Cabotage Regulation on non-discriminatory treatment of ship-owners.
Prvo, sukladno točki 13.
RAS has claimed during the formal investigation procedure that Saremar qualified as an internal operator of the Region.
Smjernica za sanaciju i restrukturiranje, poduzeće koje pripada većoj poslovnoj grupi obično nema pravo na potporu za restrukturiranje, osim u slučaju kada se može dokazati da su teškoće poduzeća njegove vlastite poteškoće i da nisu posljedica proizvoljne raspodjele troškova unutar grupe i da su poteškoće preozbiljne da bi se grupa mogla sama s njima nositi.
According to RAS, it can be drawn from the case law that the application of the principle of non-discrimination is precluded, provided that the control exercised over the operator by a public authority is similar to that which the authority exercises over its own departments and the operator carries out the essential part of its activities with the controlling authority.
Od njegova prijenosa iz matičnog poduzeća Tirrenia, Saremar je u cijelosti u posjedu RAS-a te stoga nije dio grupe.
It would appear that indeed Saremar acts on behalf of RAS as an instrument for the implementation of RAS's maritime transport and regional development policies.
Drugo, da bi se mjera smatrala spojivom s unutarnjim tržištem na temelju točaka 34. – 37.
It is however unclear whether that circumstance can justify the direct and exclusive award of compensation to Saremar.
Smjernica za sanaciju i restrukturiranje, u planu za restrukturiranje moraju se detaljno analizirati problemi koji su doveli do teškoća i navesti načini na koje će se u razumnom vremenskom roku ponovno uspostaviti dugoročna održivost i zdravlje poduzeća.
In any event, the Commission does not need to decide on this issue for the purpose of this case, given that the aid measure does not comply with the 2011 SGEI Decision.
To se mora izvršiti na temelju realističnih pretpostavki u pogledu budućih uvjeta poslovanja, uz scenarije koji odražavaju najbolje moguće, najgore moguće i umjereno optimistične pretpostavke, kao i prednosti i nedostataka karakterističnih za poduzeće.
Applicability of the 2011 SGEI Decision
Taj se plan sa svim relevantnim detaljima mora dostaviti Komisiji, i mora uključivati, ponajprije, istraživanje tržišta.
The 2011 SGEI Decision only applies to aid under the form of public service compensation in connection to genuine SGEI services.
Komisiji nije dostavljen takav plan.
On the basis of the grounds developed in recitals 180-218 above, the Commission concludes that RAS has neither demonstrated to the required legal standards the existence of a real public service need justifying the imposition of public service obligations on the routes in question, nor that those obligations were sufficiently precise.
Istina je da je RAS dostavio poslovni plan Saremara za razdoblje 2011. – 2022., međutim, taj plan nije u skladu sa zahtjevima Smjernica za sanaciju i restrukturiranje.
Consequently, the subsidy granted to Saremar for the operation of the two routes cannot be considered as compatible aid pursuant to the 2011 SGEI Decision.
U ovom slučaju, poslovni plan Saremara odobren je u srpnju 2010., prije no što je RAS odobrio naknadu, i nije bio utemeljen na pretpostavci da će takva mjera biti donesena u korist Saremara.
In any event, in order to be deemed compatible and exempted from the notification requirement by virtue of the 2011 SGEI Decision, the operation of a SGEI necessarily has to be entrusted by way of one or more acts, laying down:
Plan je bio utemeljen na pretpostavci da će poduzeće do studenog 2010. biti djelomično privatizirano (RAS se prvotno namjeravao riješiti 49 % svoga udjela u poduzeću) i obuhvaćao je 12-godišnje trajanje novog ugovora o obavljanju javnih usluga koji se planirao potpisati s kupcem na kraju 2010.
The content and duration of the PSOs;
U planu se ne navode detaljne okolnosti koje su poduzeće dovele u teškoće, niti su opisani načini ponovne uspostave njegove dugoročne održivosti; u planu se ne spominje prometovanje Saremara na dvjema linijama između Sardinije i kopna.
The undertaking and, where applicable, the territory concerned;
Na temelju toga Komisija smatra da mjera nije bila uvjetovana provedbom poslovnog plana koji bi bio u skladu s uvjetima iz Smjernica za sanaciju i restrukturiranje, što je dovoljno kako bi se isključila njezina spojivost s unutarnjim tržištem.
The nature of any exclusive or special rights assigned to the undertaking;
Treće, moraju se poduzeti mjere kako bi se osiguralo maksimalno moguće ublažavanje štetnih učinaka potpore na uvjete trgovanja.
A description of the compensation mechanism and the parameters for calculating, controlling and reviewing the compensation;
Potpora ne smije bespotrebno narušavati tržišno natjecanje.
The arrangements for avoiding and recovering any overcompensation;
To obično znači ograničavanje moguće prisutnosti poduzeća na njegovim tržištima na kraju razdoblja restrukturiranja.