natgillin/translations-raw huggingface dataset:
Therefore, in the case of a resale of the shares, and taking into consideration that Hansestadt Lübeck would take over EUR […] of losses, Infratil could have reasonably known that it would have to carry additional losses of between EUR […] and EUR […].
Po prvé, Komisia musí určiť referenčný systém, na základe ktorého sa majú poplatky za odnámrazovanie posúdiť.
This estimation is supported by ex post data, according to which the airport had accumulated losses amounting to EUR […] in the period in question.
V tejto súvislosti Komisia poznamenáva, že poplatky za odnámrazovanie lietadiel na letisku sa stanovujú v systéme osobitných poplatkov.
It is clear that a private seller would not have been able to negotiate a more favourable put option price.
Hoci tento systém osobitných poplatkov nie je súčasťou všeobecného sadzobníka poplatkov za používanie infraštruktúry, systém osobitných poplatkov má určité spoločné vlastnosti so všeobecným sadzobníkom poplatkov: v systéme osobitných poplatkov sa stanovujú ceny za niektoré služby, ktoré poskytuje letisko leteckým dopravcom, a ceny za materiál potrebný na poskytnutie týchto služieb.
The Commission therefore concludes that Hansestadt Lübeck acted like a MEO when negotiating the put option and that no economic advantage was granted to Infratil.
Vzťahuje sa na všetkých leteckých dopravcov využívajúcich letisko.
Purchase Price II (EUR […])
Raz za niekoľko rokov sa upravuje tak, aby sa v ňom zohľadnili zmeny v nákladoch na osobitné služby.
Purchase Price II of EUR […] had to be paid by Infratil only if certain conditions were met that ensured the profitability of the airport.
Za vypracovanie systému osobitných poplatkov zodpovedá samotné letisko.
The price corresponds to the sales price negotiated by the parties in March 2005 during the public procurement procedure.
V rozsudku vo veci Lübeck Súdny dvor rozhodol, že sadzobník poplatkov letiska Lübeck na rok 2006 sa má považovať za referenčný systém [76].
The existence of an economic advantage can be excluded, if the sale complies with the market conditions.
Vzhľadom na podobnosť medzi všeobecným sadzobníkom poplatkov a systémom osobitných poplatkov dospieva Komisia k záveru, že systém osobitných poplatkov na letisku Lübeck sa má považovať za referenčný rámec, podľa ktorého sa majú posúdiť poplatky za odnámrazovanie lietadiel na letisku Lübeck.
This can be assumed when a sale is carried out through a public tender and the following cumulative conditions are fulfilled [55]:
Po druhé, Komisia musí posúdiť, či sa v systéme osobitných poplatkov rozlišuje medzi hospodárskymi subjektmi, ktoré sú v porovnateľnej skutkovej aj právnej situácii.
the shareholding is sold by a competitive tender that is open to all comers, transparent and non-discriminatory;
Komisia pripomína, že systém osobitných poplatkov sa vzťahuje na všetkých leteckých dopravcov využívajúcich letisko Lübeck.
no conditions are attached to the sale which are not customary in comparable transactions between private parties and which are capable of potentially reducing the sales price; the shareholding is sold to the highest bidder;
Pri využívaní služieb odnámrazovania lietadiel sa v systéme osobitných poplatkov medzi jednotlivými leteckými dopravcami nerozlišuje.
the bidders must be given enough time and information to carry out a proper evaluation of the assets upon which their bid is based.
Na každé odmrazované lietadlo na letisku Lübeck sa naozaj vzťahujú rovnaké poplatky, ktoré závisia od vzletovej hmotnosti lietadla, ako aj od objemu použitej odnámrazovacej kvapaliny a horúcej vody.
(245) These conditions were met by the tender taking place in March 2005.
Poplatky za odnámrazovanie lietadiel na letisku Lübeck sa teda neodvíjajú od referenčného systému, pretože sa v nich nerozlišuje medzi leteckými dopravcami využívajúcimi letisko.
As there were five different undertakings indicating their interest in buying the airport, it is not apparent that only Infratil was able to submit a credible bid.
Komisia dospieva k záveru, že poplatky za odnámrazovanie nie sú prima facie selektívne.
Furthermore the public tender procedure was designed to ensure effective and non-discriminatory competition under German national law.
Vzhľadom na to, že poplatky za odnámrazovanie nie sú prima facie selektívne, nie je potrebné posúdiť, či sú tieto poplatky odôvodnené povahou alebo všeobecným usporiadaním systému.
(246) The Commission observes that the sales price in the first purchase agreement of March 2005 amounted to EUR […].
Poplatky za odnámrazovanie lietadiel preto nepredstavujú štátnu pomoc v zmysle článku 107 ods. 1 ZFEÚ.
However, the terms of the agreement were renegotiated in October 2005.
ZÁVER
The resulting conditions for Purchase Price II, as well the agreed deductions mentioned in recital 83 were not an outcome of the original tender procedure.
Komisia dospela k záveru, že nie je potrebné prijať rozhodnutie o tom, či možná štátna pomoc spoločnosti FLG predstavuje štátnu pomoc v zmysle článku 107 ods. 1 ZFEÚ, a ak áno, či môže byť takáto štátna pomoc vyhlásená za zlučiteľnú.
Therefore, in order to assess whether the agreed price meets the market requirements, the MEO principle needs to be applied.
Okrem toho, aj keby bola medzi spoločnosťami FLG a Yasmina hospodárska kontinuita, nebolo by možné od spoločnosti Yasmina vymáhať pomoc, pretože spoločnosť Yasmina bola zrušená a jej aktíva boli v súlade s nemeckým insolvenčným právom predané pod dozorom súdu v rámci insolvenčného konania.
(247) In order to establish whether Hansestadt Lübeck would have been able to negotiate a higher purchase price, the prevailing circumstances, in particular the level of risk from the exercise of the put option for Infratil and the potential losses resulting therefrom have to be taken into consideration.
Predaj akcií spoločnosti FLG spoločnosti Infratil v roku 2005 neposkytol spoločnosti Infratil výhodu, pretože pri predaji akcií mesto Lübeck konalo ako súkromný subjekt v trhovom hospodárstve.
As outlined in recital 240, even taking into account the EUR […] of losses covered by the Hansestadt Lübeck, Infratil had to expect additional financial losses between EUR […] and EUR […] when exercising the put option.
Výhodu spoločnosti Infratil neposkytlo ani opätovné prerokovanie predajnej opcie v roku 2009 a prevzatie ďalších strát, investícií a ostatných nákladov, ako bolo stanovené v dodatkovej dohode z roku 2009.
From an ex ante perspective, Infratil was therefore faced with the situation of potentially realising profits in the case of a materialisation of the second scenario, while at the same time risking high losses in the case of the exercise of the put option.
Aj v tejto súvislosti konalo mesto Lübeck ako súkromný subjekt v trhovom hospodárstve.
Germany stated that from the perspective of 2005, Hansestadt Lübeck considered it very unlikely that the conditions for exercising the put option would materialise, namely that the planning approval would not be obtained and the passenger numbers would be below […].
Dohoda medzi spoločnosťami FLG a Ryanair z roku 2000 by z pohľadu ex ante prispela k ziskovosti letiska.
However, as noted in recital 234, Hansestadt Lübeck had to expect Infratil to attribute a higher risk to the planning approval process.
Následne by súkromný subjekt v trhovom hospodárstve uzavrel dohodu, ktorá neposkytuje výhodu spoločnosti Ryanair.
With regard to the passenger numbers, Germany argues that Ryanair announced to establish a base at Lübeck airport if existing runways would be enlarged and that the establishment of a base was expected to lead to passenger numbers of […] per year.
Poplatky za odnámrazovanie lietadiel na letisku podľa všetkého nie sú selektívne,
The Commission notes that actual passenger numbers at Lübeck airport did not reach this threshold but rather decreased between 2005 and 2008 to 544339 in 2008 (see Table 1).
PRIJALA TOTO ROZHODNUTIE:
However, the Commission notes in this context that circumstances, like the effects of the financial crisis, which could not have been anticipated in 2005, may explain a significant deviation between expected and actual passenger numbers.
Článok 1
The Ecorys study commissioned by the Commission as well as the expert report drawn up by Ernst & Young ordered by HL in 2005 expected the passenger numbers to rise to […] in 2008.
Nie je potrebné rozhodnúť o tom, či možná štátna pomoc spoločnosti FLG predstavuje štátnu pomoc v zmysle článku 107 ods. 1 Zmluvy o fungovaní Európskej únie, a ak áno, či môže byť vyhlásená za zlučiteľnú s vnútorným trhom, keďže hospodárska činnosť spoločnosti FLG už neexistuje a pomoc už nie je možné vymôcť.
This figure was based on the assumption that a planning approval would be obtained in the first half of 2008 and that construction works at Lübeck airport would be postponed until the end of 2008.
Článok 2
Based on this numbers, it would have been rather reasonable for Hansestadt Lübeck to consider the possibility that passenger numbers would remain below the threshold of […].
Predaj 90 % akcií spoločnosti FLG spoločnosti Infratil a podmienky predajnej opcie opätovne prerokované v roku 2009 nepredstavujú štátnu pomoc v zmysle článku 107 ods. 1 Zmluvy o fungovaní Európskej únie.
Since reaching the passenger number threshold was a pre-condition for the put option to lapse, and since the obtaining of the planning approval was uncertain, the exercise of the put option had to be considered as an option.
Článok 3
Thus given the reasonable possibility of Infratil exercising the put option and the corresponding risk of high losses, the Commission assumes that a private shareholder would not have been able to negotiate a higher purchase price, as the deal would otherwise not have been profitable for a potential investor.
Dohoda medzi spoločnosťou Ryanair a letiskom v Lübecku z roku 2000 nepredstavuje štátnu pomoc v zmysle článku 107 ods. 1 Zmluvy o fungovaní Európskej únie.
The Commission therefore regards Hansestadt Lübeck's decision to accept a sales price of EUR […] with the agreed deductions as specified in the 2005 Participation Agreement to be economically sound.
Článok 4
This result corresponds to the findings of the Ernest & Young study, which estimates the revenues from the sale of the shares in FLG at about EUR […] and therefore concludes that the agreed price would have been accepted by a private investor in a comparable situation.
Poplatky za odnámrazovanie lietadiel nepredstavujú štátnu pomoc v zmysle článku 107 ods. 1 Zmluvy o fungovaní Európskej únie.
The Ecorys study estimates a much higher market value for the shares of about EUR […].
Článok 5
However, the study does not consider the high financial risks for Infratil when exercising the put option as outlined in recitals 247 and 248.
Toto rozhodnutie je určené Spolkovej republike Nemecko.
The varying numbers used for the calculation with regard to investments/CAPEX further contribute to a different risk assessment of both studies.
Za Komisiu
In the light of these considerations, the Commission concludes that Purchase Price II as specified in the 2005 Participation Agreement complies with the market conditions and that no economic advantage has been granted to Infratil.
Ú. v. EÚ C 287, 29.11.2007, s. 27.
Conclusion on the overall profitability of the deal
Ú. v. EÚ C 295, 7.12.2007, s. 29 a Ú. v. EÚ C 241, 10.8.2012, s. 56.
It follows from the assessment of the measure set out above that Hansestadt Lübeck was faced with the decision to either close the airport, to continue its loss-making operation or to sell Lübeck airport.
Infratil je novozélandská spoločnosť zaoberajúca sa investíciami do infraštruktúry so zameraním na energetiku a sektor prevádzky letísk a verejnej dopravy.
Hansestadt Lübeck chose the most economic option available when deciding to sell the airport.
Vlastnila a prevádzkovala najmä tieto letiská: Wellington International Airport na Novom Zélande, Glasgow Prestwick Airport a Kent International Airport v Spojenom kráľovstve.
When assessing the concrete terms of the 2005 Participation Agreement, the interrelation of the two scenarios (i.e. Purchase Price I and the put option and Purchase Price II) needs to be taken into account.
Svoje investície do európskych letísk už medzičasom odpredala.
As it has been found that it was reasonable from an ex ante perspective to consider both the payment of Purchase Price II and the exercise of the put option as possible, the risks for both parties resulting from this have to be considered.
Ryanair je írsky letecký dopravca a člen Európskej asociácie nízkonákladových leteckých spoločností.
Especially with regard to the potential financial losses of Infratil resulting from the exercise of the put option, the Commission considers it unlikely that a private seller in the stead of Hansestadt Lübeck would have been able to negotiate a more favourable agreement.
Obchodná činnosť tohto leteckého dopravcu bola spätá so sekundárnymi, regionálnymi letiskami.
The Commission therefore concludes that Hansestadt Lübeck acted like a MEO when negotiating the 2005 Participation Agreement.
Tento letecký dopravca v súčasnosti pôsobí v približne 160 európskych destináciách.
As a result, the measure did not grant Infratil any economic advantage and did not constitute State aid.
Spoločnosť Ryanair má homogénnu flotilu pozostávajúcu z 272 lietadiel typu Boeing 737-800 so 189 sedadlami.
The 2009 Additional Agreement and the renegotiation of the put option — Takeover of losses, investments and other costs of FLG in 2009
V čase, keď bolo vydané rozhodnutie o začatí konania v roku 2007, spoločnosť Ryanair prevádzkovala 23 letov týždenne z letiska Lübeck do 5 destinácií v Európe, a to Londýn-Stansted v Spojenom kráľovstve, Mainland-Bergamo a Pisa v Taliansku, Palma de Mallorca v Španielsku a Štokholm-Skavsta vo Švédsku.
As stated above, the 2009 Additional Agreement signed on 12 November 2008 did not modify the amounts payable for the put option under the 2005 Participation Agreement, but included the takeover of losses, agreed investments and other costs related to the operation of Lübeck airport in 2009, resulting in a total put option price of EUR […] (see recital 90).
Ú. v. EÚ C 295, 7.12.2007, s. 29.
In its 2012 Opening decision, the Commission had opened investigations into two separate measures:
Peter C. Klanowski a Horst Conrad
the takeover of losses, investments and other measures of FLG in 2009,
Nariadenie Rady (ES) č. 659/1999 z 22. marca 1999 ustanovujúce podrobné pravidlá na uplatňovanie článku 108 Zmluvy o fungovaní Európskej únie Zmluvy o ES (Ú. v. ES L 83, 27.3.1999, s. 1).
the difference between the put option price agreed in 2005 and the actual put option price paid.
Oznámenie Komisie – Usmernenia o štátnej pomoci pre letiská a letecké spoločnosti, (Ú. v. EÚ C 99, 4.4.2014, s. 3).
However, on the basis of the information received, the Commission finds that these two issues concern the same measure, namely the 2009 Additional Agreement between Hansestadt Lübeck and Infratil.
Ú. v. EÚ C 113, 15.4.2014, s. 30.
To determine whether the put option price under the 2009 Agreement included an economic advantage for Infratil, the Commission needs to apply the MEO test.
Mimovládna organizácia registrovaná v súlade so smernicou Európskeho parlamentu a Rady 2003/35/ES z 26. mája 2003, ktorou sa ustanovuje účasť verejnosti pri navrhovaní určitých plánov a programov týkajúcich sa životného prostredia, a ktorou sa menia a dopĺňajú s ohľadom na účasť verejnosti a prístup k spravodlivosti, smernice Rady 85/337/EHS a 96/61/ES (Ú. v. EÚ L 156, 25.6.2003, s. 17).
In order to be able to determine whether Hansestadt Lübeck chose the financially most advantageous option available, the Commission has to place itself in the position of a private shareholder at the time when the agreement was signed [56].
Začatiu konania predchádzalo vyšetrovanie opatrení vo veciach CP31/2009 (SA.27585) a CP 162/2010 (SA.31149).
The Commission finds that after Infratil announced its intention to exercise its put option in 2009, Hansestadt Lübeck was faced with the following options:
Ú. v. EÚ C 241, 10.8.2012, s. 56.
close the airport;
Spolková asociácia prevádzkovateľov komerčných letísk v Nemecku (Bundesverband der deutschen Verkehrsflughäfen).
search for a new private operator and meanwhile
Spoločnosť Yasmina bola 100 % dcérska spoločnosť investičnej spoločnosti 3Y Logistic und Projektbetreuung GmbH (ďalej len „3Y“), ktorej jediným vlastníkom bola fyzická osoba, občan Saudskej Arábie Adel Mohammed Saleh M. Alghanmi.
resume the operation of the airport; or
Spoločnosť Yasmina bola založená na účely kúpy a prevádzkovania letiska Lübeck.
sign the 2009 Additional Agreement so that Infratil would continue the operation of the airport until a new operator was found.
Vec T-461/12, Hansestadt Lübeck/Európska Komisia, ECLI:EU:T:2014:758.
The option of closing the airport (option a) would have required Hansestadt Lübeck to pay the put option price of EUR […] (see recital 238) immediately and to initiate the procedure for closing the airport, facing additional costs (see the Berenberg study, presented in Table 9).
Vec C-524/14 P, Komisia/Hansestadt Lübeck, ECLI:EU:C:2016:971.
In the first subscenario of option b (Hansestadt Lübeck resumes operation of the airport until a new private investor is found), Hansestadt Lübeck would have had to pay the put option price to Infratil laid down in the 2005 Participation Agreement and to cover all costs arising from the operation of the airport until a new investor would be found.
Pozri webové sídlo letiska Lübeck: http://www.flughafen-luebeck.de/images/02-unternehmen/06-zahlen_fakten_daten/02-monatsstatistik/ab2000.pdf (Stav: 22. máj 2015).
Deriving from the put option price paid in 2009 (see Table 3), the costs for operating losses, investment, the planning approval process and legal costs alone would have amounted to EUR […].
Mestské zastupiteľstvo mesta Lübeck tvoria zástupcovia obyvateľov mesta.
Therefore, already by October 2009, Hansestadt Lübeck would have faced costs of approximately EUR […] (put option price according to 2005 Participation Agreement plus operating costs for November 2008 to October 2009).
Ú. v.
Germany submitted that a resale of FLG to a new private investor would have required a new Union wide tender procedure, which is estimated to take a minimum of 12 months.
EÚ S 2012, 156-261107 zo 16. augusta 2012 (http://ted.europa.eu/udl?uri=TED:NOTICE:261107-2012:TEXT:EN:HTML&tabId=1).
The Commission notes that a private operator would indeed have taken into account the estimated duration of the tender procedure.
Rozhodnutie Komisie z 19. januára 2005, N644i/2002 – Nemecko – Ausbau der kommunalen wirtschaftsnahen Infrastruktur nach Teil II Ziffer 7 des Rahmenplans der Gemeinschaftsaufgabe „Verbesserung der regionalen Wirtschaftsstruktur“, i) Errichtung oder Ausbau von Regionalflughäfen ( Ú. v. EÚ C 126, 12.5.2005, s. 10).
In this scenario, assuming that Infratil would exercise its put option in October 2009, Hansestadt Lübeck would have had to pay the put option price under the 2009 Additional Agreement.
V predbežnom konaní boli vydané dva rozhodnutia vyššieho súdu, ktoré majú právny účinok.
As this price consists of the put option price of the 2005 Participation Agreement and additional costs relating to the operation of the airport in 2009, the potential costs for Hansestadt Lübeck are comparable to those of the second scenario.
Ide o rozhodnutie č. 4 MR 1/05 z 18. júla 2005 vyššieho správneho súdu v Šlezvicku (OVG) a rozhodnutie č. 101/05 z 21. októbra 2005 vyššieho správneho súdu v Šlezvicku (OVG).
The 2009 Additional Agreement had however an advantage for HL in so far as it provided Hansestadt Lübeck with the time to prepare a tender to find a new investor.
Na základe týchto rozsudkov bolo územné rozhodnutie zamietnuté.
Furthermore, the immediate departure of Infratil carried the risk of causing Ryanair to reduce its services at Lübeck airport, and thereby to potentially enlarge future operating losses.
Dôverné informácie.
Moreover, the reduction of Ryanair's services could have had a negative impact on the planning approval procedure, as FLG justified its need for an extension of the airport primarily with the growth of the low cost segment.
Uplatňovanie článkov 92 a 93 Zmluvy o ES a článku 61 Dohody o EHP na štátnu pomoc v leteckom sektore (Ú. v. ES C 350, 10.12.1994, s. 5).
In the light of these considerations, the Commission concludes that signing the 2009 Additional Agreement was the most advantageous option available and that Hansestadt Lübeck therefore acted like a MEO.
Vec C-482/99, Francúzsko/Komisia (ďalej len „Stardust Marine“), ECLI:EU:C:2002:294.
This has proven to be true from an ex post perspective, since a new investor was only found in 2012.
Správa spoločnosti Oxera, Hospodárske posúdenie zásady súkromného subjektu v trhovom hospodárstve: Letisko Lübeck, 6. februára 2015.
Like the 2005 Participation Agreement, the 2009 Additional Agreement also contains a limit for the operating losses and investment costs to be paid by Hansestadt Lübeck.
Vec T-196/04, Ryanair/Komisia (ďalej len „Charleroi“), ECLI:EU:T:2008:585.
On the basis of those considerations, the Commission concludes that there was no economic advantage granted to Infratil and thus the measure did not constitute State aid.
Rozhodnutie Komisie z 12. novembra 2008, štátna pomoc N 510/2008 – Taliansko – Predaj aktív Alitalia (Ú. v. EÚ C 46, 25.2.2009, s. 6).
Economic advantage
Veci C-328/99 a C-399/00, Taliansko a SIM 2 Multimedia/Komisia, ECLI:EU:C:2003:252; rozhodnutie Komisie zo 17. septembera 2008, štátna pomoc N 321/2008, N 322/2008 a N 323/2008 – Grécko – Vente de certains actifs d'Olympic Airlines/Olympic Airways Services (Ú. v. EÚ C 18, 23.1.2010, s. 9); rozhodnutie Komisie z 12. novembra 2008, štátna pomoc N 510/2008, Vendita dei beni della compagnia aerea Alitalia, Ú. v. EÚ C 46, 25.2.2009, s. 6; rozhodnutie Komisie zo 4. apríla 2012, štátna pomoc SA.34547 – Francúzsko – Reprise des actifs du groupe SERNAM dans le cadre de son redressement judiciaire (Ú. v. EÚ C 305, 10.10.2012, s. 5).
Where an airport has public resources at its disposal, aid to an airline can, in principle, be excluded where the relationship between the airport and the airline satisfies the MEO test.
Vec T-123/09, Ryanair Ltd/Komisia, ECLI:EU:T:2012:164.
Under the 2014 Aviation Guidelines [57], the existence of aid to an airline using a particular airport can, in principle, be excluded if the price charged for the airport services corresponds to the market price (‘first approach’), or if it can be demonstrated through an ex ante analysis — that is to say one founded on information available when the aid is granted and on developments foreseeable at the time — that the airport/airline arrangement will lead to a positive incremental profit contribution for the airport and is part of an overall strategy leading to profitability at least in the long term (‘second approach’).
Vec T-123/09, Ryanair Ltd/Komisia, ECLI:EU:T:2012:164, bod 156.
The second approach means that it must be assessed whether, at the date when an agreement was concluded, a prudent market economy operator would have expected the agreement to be incrementally profitable.
Smernica Rady 2001/23/ES z 12. marca 2001 o aproximácii zákonov členských štátov týkajúcich sa zachovania práv zamestnancov pri prevodoch podnikov, závodov alebo častí podnikov alebo závodov (Ú. v. ES L 82, 22.3.2001, s. 16).
This to be measured by the difference between the incremental revenues expected to be generated by the agreement (that is, the difference between the revenues that would be achieved if the agreement were concluded and the revenues that would be achieved in the absence of the agreement) and the incremental costs expected to be incurred as a result of the contract (that is, the difference between the costs that would be incurred if the agreement were concluded and the costs that would be incurred in the absence of the agreement), the resulting cash flows being discounted with an appropriate discount rate.
Rozhodnutie Komisie zo 4. apríla 2012 vo veci štátnej pomoci SA.34547 – Francúzsko – Reprise des actifs du groupe SERNAM dans le cadre de son redressement judiciaire (Ú. v. EÚ C 305, 10.10.2012, s. 10).