natgillin/translations-raw huggingface dataset:
On 5 January 2016, Ilva's Extraordinary Commissioners published a call for expressions of interest in relation to the transfer of businesses owned by Ilva and other companies of the same group.
U tom je pogledu 21. rujna 2017. konzorcij AM o transakciji obavijestio Komisiju, koja je 8. studenoga 2017. odlučila pokrenuti detaljnu istragu.
25 interested parties were accepted to the preliminary due diligence phase, following which acquisition consortia were formed for the submission of formal offers by 30 June 2016.
Mjere koje se ocjenjuju
On 30 June 2016, two bidders were accepted to the final phase of the tender process: (i) a consortium led by the global steel company ArcelorMittal, in addition to the Italian steel producer Marcegaglia and the bank Intesa Sanpaolo as members (‘the AM Consortium’); and (ii) the so-called AcciaItalia consortium (‘the AcciaItalia Consortium’) formed, inter alia, by the Italian steelmaker Arvedi, the Indian steel company Jindal Steel and the State-owned investment bank Cassa Depositi e Prestiti (‘CDP’).
Talijanska tijela donijela su i izmijenila razne mjere kako bi poduprla društvo Ilva.
The sale process encountered some delays.
Ova Odluka odnosi se na pet mjera koje su predmet odluke o pokretanju postupka i odluke o proširenju:
At the end, on 26 May 2017, Ilva's Commissioners recommended to award Ilva's assets to the AM Consortium, who offered a price of EUR 1,8 billion.
mjera br. 1: prijenos imovine zaplijenjene u kaznenom postupku protiv prethodnih vlasnika društva Ilva,
This recommendation was followed by the Minister of Economic Development, who issued the final adjudication decree in favour of the AM Consortium on 5 June 2017.
mjera br. 2: zakon o zajmovima s najvišim prioritetom naplate tijekom stečajnog postupka primijenjen na privatni zajam od 250 milijuna EUR,
The closing of the transaction is still pending merger clearance by the Commission.
mjera br. 3: državno jamstvo za zajam od 400 milijuna EUR,
In this respect, on 21 September 2017 the AM Consortium notified the transaction to the Commission, which on 8 November 2017 decided to open an in-depth investigation.
mjera br. 4: sporazum o nagodbi s društvom Fintecna,
The measures under assessment
mjera br. 5: državni zajam od 300 milijuna EUR.
The Italian authorities have adopted and amended various measures to support Ilva.
Mjera br. 1: prijenos imovine zaplijenjene u kaznenom postupku protiv prethodnih vlasnika društva Ilva
This Decision concerns the five measures that have been subject to the Opening and Extension Decisions:
Neki članovi obitelji Riva prethodno uključeni u upravljanje društvom Ilva optuženi su pred talijanskim sudovima za razna kaznena djela prijevare.
measure 1: the transfer of the assets seized during criminal proceedings against Ilva's previous owners;
U svibnju 2013. nacionalni sud zaplijenio (sequestro preventivo) je […] EUR likvidne imovine u vlasništvu obitelji Riva („imovina obitelji Riva”) do završetka kaznenog postupka protiv njih.
measure 2: the law on pre-deductible loans as applied to a private EUR 250 million loan;
U skladu s talijanskim zakonom o općem kaznenom postupku imovina zaplijenjena u kontekstu kaznenih postupaka mora se prenijeti u tzv. pravosudni fond (Fondo Unico di Giustizia), fond talijanskog Ministarstva pravosuđa koji ima ulogu „skrbnika” (custode ex lege) do završetka kaznenog postupka.
measure 3: the State guarantee on a EUR 400 million loan;
Upravljanje fondom osigurava društvo Equitalia Giustizia S.p.A. („Equitalia”).
measure 4: the settlement agreement with Fintecna;
U skladu s ulagačkim mandatom društva Equitalia likvidna imovina koju drži Fondo Unico di Giustizia smije se deponirati isključivo na tekuće račune s odgovarajućom razinom stabilnosti i pouzdanosti ili uložiti u talijanske državne obveznice.
measure 5: the EUR 300 million State loan.
Tijekom sudskog postupka zaplijenjena imovina i dalje pripada izvornim vlasnicima, no oni njome ne mogu raspolagati.
Measure 1: the transfer of the assets seized during criminal proceedings against Ilva's previous owners
U slučaju imovine obitelji Riva člankom 3. stavkom 1.
Some members of the Riva family previously involved in the management of Ilva have been indicted before the Italian courts for various fraud-related offenses.
Odluke br. 1/2015 uvedena je ad hoc odredba prema kojoj se ta imovina mogla prenijeti na društvo Ilva prije dovršetka kaznenog postupka.
In May 2013, the national judge seized (sequestro preventivo) EUR […] in liquid assets owned by the Riva family (‘the Riva assets’), pending criminal proceedings against them.
U skladu s tom odredbom prijenos se morao odvijati pod određenim uvjetima.
Under general criminal procedural law in Italy, assets seized in the context of criminal proceedings must be transferred to the so-called Justice Fund (Fondo Unico di Giustizia), a fund of the Italian Ministry of Justice that has the role of ‘custodian’ (custode ex lege) until the criminal proceedings come to an end.
Ilva bi prvo morala izdati obveznice u vrijednosti imovine obitelji Riva.
The management of the fund is ensured by Equitalia Giustizia SpA (‘Equitalia’).
Fondo Unico di Giustizia bi zatim upotrijebio imovinu obitelji Riva koja je u njegovu skrbništvu kako bi upisao te obveznice.
According to Equitalia's investment mandate, liquid assets held by the Fondo Unico di Giustizia may only be deposited on current accounts showing adequate levels of solidity and reliability, or be invested in Italian State bonds.
Kao rezultat toga obveznice društva Ilva zamijenile bi imovinu obitelji Riva na računima fonda Fondo Unico di Giustizia kao kolateral u kontekstu kaznenog postupka koji je u tijeku.
Throughout court proceedings, the seized amounts keep belonging to the original owners, who cannot dispose of them.
U istoj Odluci određeno je da se novac koji je društvo Ilva primilo u tom prijenosu mora namijeniti za provedbu njegova plana zaštite okoliša.
In the case of the Riva assets, Article 3, paragraph 1, of Law Decree No 1/2015 introduced an ad hoc provision, by which these assets could be transferred to Ilva before the end of the criminal proceedings.
Sudskom odlukom (Decreto di Trasferimento) nacionalni sud naredio je 11. svibnja 2015. prijenos imovine obitelji Riva.
Pursuant to this provision, the transfer had to take place under specific terms and conditions.
No do prijenosa u Fondo Unico di Giustizia nije moglo doći jer je obitelj Riva svoju imovinu držala na bankovnim računima koji se nalaze izvan Italije, a strani sudovi koji imaju nadležnost nad tim računima sustavno su odbijali prijenos imovine u Italiju.
Ilva would first issue bonds amounting to the value of the Riva assets.
Situacija je riješena kada su u prosincu 2016. obitelj Riva i društvo Ilva postigli sporazum o nagodbi u kojemu su predmetni članovi obitelji Riva pristali da imovina koju drže na računima u stranim bankama konačno bude dostupna društvu Ilva u pravnom obliku iz članka 3. stavka 1.
The Fondo Unico di Giustizia would then use the Riva assets under its custody to subscribe to these bonds.
Odluke br. 1/2015.
As a result, Ilva's bonds would replace the Riva assets in the accounts of the Fondo Unico di Giustizia as collateral in the context of the pending criminal proceedings.
Talijanska tijela navela su da su odštetni zahtjevi društva Ilva prema obitelji Riva mogli dosegnuti oko […] EUR.
The same Law Decree specified that money received by Ilva following this transfer had to be earmarked for the implementation of its Environmental Plan.
Uz zaplijenjeni iznos od 1,1 milijarde EUR, koji je zakonom namijenjen za plan zaštite okoliša, obitelj Riva pristala je staviti društvu Ilva na raspolaganje i dodatan iznos od 145 milijuna EUR kako bi poduprla njegovo poslovanje.
On 11 May 2015, by means of a judicial decree (Decreto di Trasferimento), the national judge ordered the transfer of the Riva assets.
Kao rezultat sporazuma o nagodbi imovina obitelji Riva vraćena je u Italiju i prenesena u Fondo Unico di Giustizia, koji je 13. i 22. lipnja 2017. upisao ukupno […] EUR novoizdanih obveznica društva Ilva.
However, the transfer to the Fondo Unico di Giustizia could not take place because the Riva assets were kept by the Riva family on bank accounts located outside of Italy, and the foreign courts having jurisdiction on these accounts consistently refused to transfer the assets to Italy.
Mjera br. 2: zakon o zajmovima s najvišim prioritetom naplate tijekom stečajnog postupka
The situation unlocked when, in December 2016, the Riva family and Ilva reached a settlement agreement, by which the concerned members of the Riva family gave their consent to making the Riva assets held by them on their foreign bank accounts definitely available to Ilva in the legal form provided for by Article 3, paragraph 1, of Law Decree No 1/2015.
Prema navodima medija u svibnju 2014. društvo Ilva imalo je poteškoća s isplatom plaća i plaćanjem dobavljača.
According to the Italian authorities, Ilva's damage claims against the Riva family could have reached ca.
Novinari su izvještavali da su banke bile nesklone odobravanju zajma za premošćivanje namijenjenom pokrivanju poduzetnikove potrebe za likvidnošću.
EUR […].
Isto tako, tijekom cijele 2014. talijanska tijela (posebno predstavnici Ministarstva gospodarskog razvoja i regionalnih vlasti regije Apulije) u punoj su mjeri sudjelovala na sastancima i u pregovorima s financijskim institucijama o odobravanju takvog zajma.
In addition to the EUR 1,1 billion which were object of the seizure and earmarked by law for the Environmental Plan, the Riva family also agreed to make available to Ilva a further amount of EUR 145 million in order to support its business operations.
Italija je 11. kolovoza 2014. izmijenila članak 12. stavak 5.
As a result of this settlement agreement, the Riva assets were repatriated to Italy and transferred to the Fondo Unico di Giustizia, which on 13 and 22 June 2017 subscribed in total to EUR […] of bonds newly issued by Ilva.
Odluke br. 101/2013 tako da se zajmovi odobreni poduzetnicima od strateškog nacionalnog interesa koji se nalaze pod izvanrednom upravom namijenjeni provedbi plana sanacije okoliša i zdravlja iznimno smatraju zajmovima s najvišim prioritetom naplate tijekom stečajnog postupka.
Measure 2: the law on pre-deductible loans
Zajmovi s najvišim prioritetom naplate tijekom stečajnog postupka imaju prednost pri naplati iz stečajne mase nesolventnog poduzetnika i prioritet nad drugim zajmovima i obvezama prema vjerovnicima poduzetnika.
According to the press, in May 2014 Ilva was facing difficulties in paying salaries and suppliers.
Situacija društva Ilva odgovarala je definiciji utvrđenoj u zakonu i stoga su se zajmovi odobreni društvu Ilva mogli smatrati zajmovima s najvišim prioritetom naplate tijekom stečajnog postupka.
The press reported that banks appeared reluctant to grant any bridge loan to cover the company's liquidity needs.
Mjesec dana nakon te izmjene zakona, 11. rujna 2014., tri privatne banke pristale su odobriti zajam društvu Ilva u iznosu od 250 milijuna EUR.
It also appears that throughout 2014 the Italian authorities (in particular via the Ministry of Economic Development and the regional authorities of Puglia) were fully involved in the meetings and discussions with financial institutions regarding the granting of such loan.
Društvo Ilva na dan dospijeća zajma, 28. veljače 2015., taj zajam nije vratilo.
On 11 August 2014, Italy amended Article 12, paragraph 5, of Law Decree No 101/2013 so that loans granted to undertakings of strategic national interest placed under extraordinary administration for the implementation of environmental and health remediation plans are exceptionally qualified as pre-deductible.
Mjera br. 3: državno jamstvo za zajam od 400 milijuna EUR
Ilva's situation corresponded to the definition set out in the law and, accordingly, loans to Ilva could henceforth be qualified as pre-deductible.
Zajam se trebao upotrijebiti za provedbu plana zaštite okoliša društva Ilva.
A month after this amendment to the Law, on 11 September 2014, three private banks agreed to provide a EUR 250 million loan to Ilva.
Ministarstvo gospodarstva i financija svojom je odlukom 30. travnja 2015. izdalo državno jamstvo s premijom od 3,12 % godišnje.
Measure 3: the State guarantee on a EUR 400 million loan
Intesa Sanpaolo i Banco Popolare iste su dvije privatne banke koje su bile uključene i u mjeru br. 2.
Article 3, paragraph 1ter of Law Decree No 1/2015 allowed Ilva to negotiate with interested banks a EUR 400 million pre-deductible loan secured by a State guarantee.
Mjera br. 4: sporazum o nagodbi s društvom Fintecna
The loan was to be used for the implementation of Ilva's Environmental Plan.
U privatizaciji društva Ilva 1995. društvo u državnom vlasništvu IRI pristalo je u skladu s člankom 17.7. ugovora o privatizaciji jamčiti za buduća potraživanja zbog štete za okoliš do koje je došlo prije privatizacije u iznosu do […] LIT plus kamate (tj. približno […] EUR u to vrijeme i […] EUR bez kamata ili […] EUR s kamatama na dan 31. prosinca 2014.).
By means of a Decree, on 30 April 2015 the Minister of Economy and Finance issued the State guarantee with a premium of 3,12 % per year.
Taj je postupak okončan 2000., no spor o odgovornosti za zaštitu okoliša nije riješen.
Following the issuance of the State guarantee, on 27 May 2015, three financing institutions agreed to grant a loan of EUR 400 million to Ilva, broken down as follows: EUR 330 million from CDP, EUR 50 million from Intesa Sanpaolo, and EUR 20 million from Banco Popolare.
Društvo Ilva pokrenulo je 6. svibnja 1996. usporedni arbitražni postupak o odgovornosti za zaštitu okoliša, koji nije okončan.
Intesa Sanpaolo and Banco Popolare are the same two private banks, which were involved in measure 2.
Društvo Fintecna u vlasništvu države postalo je 2002. pravni sljednik društva IRI.
The EUR 400 million loan was disbursed in four successive instalments of EUR 100 million, respectively on 10 June, 9 October, 10 December and 28 December 2015.
Od 2012.
It bears interest at annual Euribor 6 months + […] payable per semester and it is due to be reimbursed […] after disbursement with an initial […] grace period.
Fintecna je u 100 %-tnom vlasništvu društva CDP, koje je u 100 %-tnom vlasništvu države.
Measure 4: the settlement agreement with Fintecna
Financijske izvještaje i upravljanje imovinom društva Fintecna provjerava sudac kojega je imenovao talijanski Revizorski sud i koji prisustvuje sastancima upravnog i nadzornog tijela u skladu s člancima 7. i 12.
During Ilva's privatisation in 1995, the State-owned IRI agreed under Article 17.7 of the privatisation contract to guarantee future claims for environmental damages that occurred before the privatisation up to LIT […], plus interests (i.e. around EUR […] at that time and EUR […], excluding interests, or EUR […], including interests, on 31 December 2014).
Zakona br. 259/1958.
On 16 April 1996, IRI launched an arbitration procedure concerning the sale price.
Ilva i Fintecna potpisale su 12. lipnja 2008. zapisnik sa sastanka (verbale di incontro) u kojemu su se složile da se većina otvorenih problema povezanih s okolišem odnosi na pogon u Tarantu.
Since 2012, Fintecna is 100 % owned by CDP, which is 100 % owned by the State.
Ta kvantifikacija izričito nije uključivala štetu nastalu trećim stranama koja proizlazi iz onečišćenja zraka.
Fintecna's financial statements and assets management are subject to checks by a magistrate appointed by the Italian Court of Auditors, who attends the meetings of the management and supervisory bodies pursuant to Articles 7 and 12 of Law No 259/1958.
Tijekom pripreme financijskih izvještaja za 2011. nadležne službe društva Fintecna procijenile su da iznos za štetu namijenjen društvu Ilva iznosi […] EUR, prilagođeno na […] EUR u 2014.
In the context of the transition from IRI to Fintecna in 2002, the former IRI management decided to set aside an amount of EUR […] as an estimate of the environmental damages due to Ilva.
U skladu s člankom 3. stavkom 5.
On 12 June 2008, Ilva and Fintecna signed the minutes of a meeting (verbale di incontro), in which they agreed that the main open environmental issues concerned the plant in Taranto.
Odluke br. 1/2015 izvanredni upravitelj društva Ilva ovlašten je riješiti spor s društvom Fintecna u pogledu štete za okoliš iz članka 17.7. ugovora o privatizaciji iz 1995. u roku od 60 dana od stupanja na snagu Zakona br. 1/2015.
In that context, the parties agreed that the split of costs between them could only occur once those costs would be determined.
U istom je članku utvrđen iznos nagodbe u visini od 156 milijuna EUR i navedeno je da takvo rješenje mora biti konačno.
That quantification explicitly excluded the damages deriving from air pollution to third parties.
Taj je stručnjak 3. ožujka 2015. donio pravno mišljenje u kojemu je potvrdio da je rješenje spora u iznosu od 156 milijuna EUR unutar maksimalne granice utvrđene u ugovoru o privatizaciji i niže od procjena koje je provelo društvo Fintecna.
Ilva sent several notices to Fintecna, the latest on 2 May 2011 and 10 June 2013.
Društvo Fintecna zatražilo je pravno mišljenje drugog savjetnika u pogledu i. eventualnih ranijih plaćanja društvu Ilva u kontekstu prethodne arbitraže i ii. datuma početka obračunavanja kamata na jamčeni iznos.
Fintecna contested any responsibility, particularly concerning damages to third parties linked to air pollution.
Nakon što je 4. ožujka 2015.
During the preparation of the 2011 financial statements, the competent Fintecna services estimated damages due to Ilva at EUR […], adjusted to EUR […] in 2014.
Odluka br. 1/2015 pretvorena u zakon, Upravni odbor društva Fintecna odlučio je riješiti spor uzimajući u obzir pravna mišljenja dvaju savjetnika.
On 19 December 2013, the Minister of Environment adopted a ministerial act (provvedimento) against Fintecna with an injunction to dispose of waste located on Ilva's premises.
Upravni odbor istaknuo je da je nagodba konačna i u pogledu trećih strana (npr. u pogledu vjerovnika društva Ilva u slučaju stečaja i drugih mogućih potraživanja prema društvu Fintecna u pogledu zaštite okoliša) te da bi maksimalna izloženost koja proizlazi iz ugovora o privatizaciji iznosila […] EUR bez kamata ili […] EUR s kamatama.
The ministerial act was challenged before the Regional Administrative Court (Tribunale Amministrativo Regionale) of Puglia.
U svojoj je odluci Upravni odbor uzeo u obzir povoljno mišljenje CDP-a, dioničara društva Fintecna, u skladu s točkom 8.3.2.
The ministerial act was annulled on procedural grounds on 14 November 2014.
Pravilnika o upravljačkim aktivnostima u grupi CDP (Regolamento per l'esercizio dell'attività di direzione e coordinamento sulle società participate del gruppo CDP).
However, the Court concluded, on substance, that the polluting activity certainly predated 1995 and therefore fell within Fintecna's responsibility.
Društvo Fintecna stoga je riješilo spor s društvom Ilva 5. ožujka 2015. te je 6. ožujka 2015. društvu Ilva preneseno 156 milijuna EUR.
Article 3, paragraph 5, of Law Decree No 1/2015 authorised Ilva's Extraordinary Commissioner to settle the dispute with Fintecna concerning the environmental damages referred to in Article 17.7 of the 1995 privatisation contract, within 60 days of the entry into force of Law Decree No 1/2015.
Prema zajedničkom priopćenju za tisak grupe CDP i društva Fintecna od 11. ožujka 2015. transakcija je provedena „kako bi se primijenio članak 3. stavak 5.
On 12 January 2015, Fintecna hired an independent legal consultant to assist it in the negotiation of the settlement agreement with Ilva.
(Odluka o društvu Ilva)”.
This expert issued its legal opinion on 3 March 2015, in which he confirmed that the settlement of the dispute against the payment of EUR 156 million was within the maximum limit set out in the privatisation contract and also below Fintecna's own estimates.
Mjera br. 5: državni zajam od 300 milijuna EUR
Fintecna requested a legal opinion from a second consultant concerning (i) any previous payments already made to Ilva in the context of the past arbitration; and (ii) the starting date for the calculation of interests on the guaranteed amount.
Kako je objašnjeno u uvodnoj izjavi 14., 4. prosinca 2015. talijanska tijela obavijestila su Komisiju o tome da je toga dana donesena Odluka br. 191/2015.
This opinion was issued on 16 February 2015.
Uz odredbe koje se odnose na prodaju imovine društva Ilva u skladu s člankom 1. stavkom 3. te Odluke, država je ministarskom odlukom ovlaštena društvu Ilva odobriti zajam u iznosu od 300 milijuna EUR uz godišnju kamatnu stopu vezanu uz šestomjesečni Euribor + 300 baznih bodova kako bi se poduprle hitne potrebe društva Ilva za likvidnošću.
According to it, (i) Fintecna did not make any payments to Ilva in the context of past arbitration procedures concerning the application of Article 17.7 of the privatisation contract; and (ii) interests should be due from 1996.
U skladu s Odlukom zajam bi trebao otplatiti stjecatelj imovine društva Ilva 60 dana nakon što nadležni nacionalni sud proglasi prestanak aktivnosti tog društva prema članku 73.
After the conversion into law of Law Decree No 1/2015, on 4 March 2015, Fintecna's Board of Directors decided to settle the dispute, taking into account the legal opinions of the two consultants.
Odluke br. 270/99 nakon konačne prodaje imovine društva.
The Board of Directors stressed the final character of the settlement also vis-à-vis third parties (e.g. vis-à-vis Ilva's creditors in case of bankruptcy and other potential environmental claims towards Fintecna) and the fact that the maximum exposure deriving from the privatisation contract would correspond to EUR […], excluding interests, or EUR […], including interests.
Talijanska vlada donijela je 9. lipnja 2016.
The Board of Directors' decision took note of the favourable opinion of Fintecna's shareholder CDP, in compliance with point 8.3.2 of the Regulation for the exercise of the controlling activity in the CDP group (Regolamento per l'esercizio dell'attività di direzione e coordinamento sulle società participate del gruppo CDP).
Odluku br. 98/2016 o izmjeni Odluke br. 191/2015.
Fintecna therefore settled the dispute with Ilva on 5 March 2015.
U skladu s člankom 1. stavkom 1. točkom (a) Odluke obveza otplate zajma u iznosu od 300 milijuna EUR prenesena je sa stjecatelja imovine društva Ilva na društvo Ilva.
On 6 March 2015, EUR 156 million were transferred to Ilva.
Odluka je s izmjenama pretvorena u Zakon br. 151/2016 od 1. kolovoza 2016..
According to the joint press release issued by CDP and Fintecna on 11 March 2015, the transaction occurred ‘to implement Article 3, paragraph 5 of Law Decree 5 January 2015 No 1, as converted with amendments into Law 4 March 2015, No 20 (Ilva Decree)’.
Talijanska vlada donijela je 29. prosinca 2016.
Measure 5: the EUR 300 million State loan
Odluku br. 243/2016 koja je s izmjenama pretvorena u Zakon br. 18/2017 od 27. veljače 2017..
As explained in recital 14, on 4 December 2015 the Italian authorities informed the Commission of the adoption on the same day of Law Decree No 191/2015.
U skladu s člankom 1. stavkom 1. točkom (b) Odluke mandat izvanredne uprave društva Ilva produljen je nakon datuma dovršetka prijenosa imovine kako bi izvanredni upravitelji društva Ilva mogli utvrditi i provesti dodatne mjere sanacije područja koja nije preuzeo stjecatelj.
In addition to provisions concerning the sale of Ilva's assets, this Law Decree in its Article 1, paragraph 3, authorised the State to grant a EUR 300 million loan to Ilva by means of a Ministerial Decree, at an annual interest rate of Euribor 6 months + 300 basis points, with a view to support Ilva's urgent liquidity needs.
Kao rezultat toga donošenje odluke o prestanku aktivnosti društva Ilva u skladu s člankom 73.
Pursuant to the Law Decree, the loan would have to be repaid by the acquirer of Ilva's assets, 60 days after the declaration by the competent national court of the cessation of Ilva's activity pursuant to Article 73 of Law Decree No 270/99, following the final divestiture of the company's assets.
Zakonodavne odluke br. 270/99 odgođeno je do potpunog dovršetka navedenih aktivnosti sanacije.