natgillin/translations-raw huggingface dataset:
The Romanian authorities, with full ownership of CE Hunedoara and predecessors, whilst being also its main creditor, could not ignore the structural inability of CE Hunedoara to generate enough operating profits to meet its liabilities.
Úrok z vymáhania je odlišný od zmluvného úroku, úroku za neskoré platby alebo ďalších súm súvisiacich so spornými úvermi, ktoré podnik CE Hunedoara dlhuje štátu.
They provided with public finance the funds, which CE Huneadoara would have been unable to obtain in the financial market at any rate.
V súlade s ustálenou judikatúrou platobná neschopnosť príjemcu a jeho neschopnosť vrátiť pomoc nepredstavuje prijateľný dôvod na jeho zbavenie povinnosti vrátiť pomoc.
All five abovementioned facts influence the creditworthiness of CE Hunedoara and make it implausible that without State intervention, CE Hunedoara would have found willing lenders at market terms trusting that CE Hunedoara would repay the loans.
V tomto prípade sa obnova situácie spred vyplatenia pomoci a odstránenie narúšania hospodárskej súťaže dá v zásade dosiahnuť prihlásením pohľadávky týkajúcej sa vrátenia pomoci do zoznamu pohľadávok ako súčasti postupu likvidácie pod dohľadom súdu.
Likewise, it is unlikely that Romania could anticipate returns from its shareholding in CE Hunedoara and, in particular, from revenues foregone when granting loans to CE Hunedoara below market terms.
Ak členský štát nedokáže vymôcť celú sumu pomoci, prihlásením pohľadávky sa môže splniť povinnosť vymáhania za predpokladu, že výsledkom konkurzného konania je likvidácia podniku, ktorý dostal neoprávnenú pomoc, teda definitívne ukončenie jeho činnosti.
In conclusion, the loans in question appear to have favoured CE Hunedoara.
S likvidáciou podniku CE Hunedoara v prípade nevrátenia pomoci na záchranu do šiestich mesiacov od jej schválenia alebo vyplatenia sa tiež počíta v usmerneniach o pomoci na záchranu a reštrukturalizáciu, v rozhodnutí o pomoci na záchranu [odôvodnenia 20, 21 a 52 písm. d)].
Indeed, CE Hunedoara was a borrower with a poor credit history of its insolvent and liquidated predecessors, and had no credit history in 2012-2013 when the company was established.
Komisia si všíma, že v nedávnych diskusiách s Rumunskom bolo potvrdené, že likvidácia podniku CE Hunedoara môže viesť k likvidácii a predaju aktív podniku s cieľom splniť záväzky vrátane tých, ktoré vyplývajú z vykonávania povinnosti vymáhania uloženej Rumunsku ako výsledku tohto rozhodnutia.
CE Hunedoara had increasing operating losses not allowing to meet debt service as from 2013-2014 and actually defaulted in meeting liabilities causing the company to be potentially subject to insolvency proceedings as from 2015.
Rumunské orgány v každom prípade potvrdili existenciu právnych ustanovení vo vnútroštátnych právnych predpisoch, ktoré by zabezpečili kontinuitu prevádzky, a uviedli v tejto súvislosti zákon č. 123 z 10. júla 2012 o elektrickej energii a zemnom plyne, predovšetkým kapitolu o bezpečnosti a ochrane.
Moreover, there is no indication that the Romanian authorities have taken any timely steps that a diligent creditor would take to recover its claims, such as summoning the borrower to repay the loans or requesting forced execution of payments for defaulted reimbursements.
V súvislosti s likvidáciou a úvahami o zákonnej povinnosti zabezpečiť kontinuitu dodávok, Rumunsko môže plánovať prijatie opatrení s cieľom zabrániť náhlemu narušeniu dodávky elektrickej energie a tepla pre región, v ktorom podnik CE Hunedoara vykonáva prevádzku a poskytuje služby.
Although in January 2016 the claim for insolvency against CE Hunedoara was filed (see recital 22 above), it has not produced any effective recovery to date.
Takéto opatrenia však musia byť primerané, odôvodnené a obmedzené časovo aj rozsahom na to, čo je nenahraditeľné pre zachovanie hodnoty zariadení na výrobu elektrickej energie.
Owing to the difficult financial situation of the company and the low likelihood of repayment when the loans were granted or prolonged, the loans in question conferred an economic advantage to CE Hunedoara in the form of finance and funds, which it would not have been able to obtain on the market.
Pri presadzovaní tohto rozhodnutia musí byť Komisia vopred informovaná a musí mať možnosť overiť, či sú uvedené podmienky splnené.
Regarding the quantification of this economic advantage, in recital 34 of the opening decision, the Commission referred to the General Court's judgment in Larko that in circumstances where the borrower is in a delicate financial situation characterised notably by decreasing turnover, negative equity, and inability to reimburse loans from its own funds, the economic advantage embedded on a loan may equal the total amount of the funds borrowed, even if the State only guarantees the loan.
Toto rozhodnutie vo všeobecnosti platí bez toho, aby boli dotknuté také primerané opatrenia a proces týkajúci sa prevodu zariadení na výrobu elektrickej energie.
The Romanian authorities have not provided any evidence that CE Huneadoara had access to market finance at market conditions, indicating that CE Hunedoara tried, let alone succeeded in, borrowing from the market without State support.
Navyše, ako odznelo počas videokonferencie konanej 31. júla 2018 (pozri odôvodnenie 3), Rumunsko vyjadrilo zámer prijať primerané opatrenia na pokračovanie procesu týkajúceho sa prevodu zariadení na výrobu elektrickej energie z podniku CE Hunedoara na novú spoločnosť, ktorá by stále mala byť prepojená.
As noted in recital 43, the BRD loan and the BCR loan transferred by the Romanian State in order to finance environmental compliance in 2013-2014 follows instances were Romania had provided grants for the same type of installation (flue gas desulphurisation) for other thermal power plants in 2010 (CE Turceni) and in 2011 (CE Craiova II) and decided to discontinue the practice of providing such grants as aid instrument.
Plánuje sa urobiť to formou mimoriadneho nariadenia vlády, trojstupňovým prevodom namiesto platenia (v rumunčine „dare în plată“), ktorý sa bude týkať iba zariadení na výrobu elektrickej energie, teda bez baní.
However, given the characteristics, purpose and financial situation of CE Hunedoara, it seems therefore appropriate to consider that the BRD loan and the BCR loan transferred by the State and financing environmental compliance were de facto grants, despite their legal qualification of loans.
Podľa dohody s Rumunskom by mal tento proces zahŕňať:
In the meantime, the recourse to the Romanian State transferring the loans it was granted by BDR and BCR shows that these private banks did not wish to take any liquidity risk on CE Hunedoara as they considered the default on repayment virtually certain.
po prvé, prípravu povinnej hodnotiacej správy na stanovenie hodnoty zariadení na výrobu elektrickej energie (v súčasnosti v zálohe ministerstva financií) a výšky dlhov podniku CE Hunedoara;
As such, based on the above, the Commission concludes that the five loans granted to CE Hunedoara provided an economic advantage and considers this advantage to equal the total amount of the loans' principal when granted.
po druhé, tieto založené aktíva by sa previedli na ministerstvo financií a ďalej na ministerstvo energetiky;
Selectivity
po tretie, tieto založené aktíva by sa previedli na novú spoločnosť a tá by potom bola poverená poskytovaním služieb všeobecného hospodárskeho záujmu.
The Commission notes that the five loans were provided on an ad hoc basis to CE Hunedoara to support its continued operation in specific situations requiring investments for environmental compliance, operating costs or repayment of incompatible aid and were not part of a broader measure of general economic policy to provide support to undertakings, in a comparable legal and economic situation, active in the electricity generation or other economic sectors.
Toto rozhodnutie platí bez toho, aby boli dotknuté takéto prevody aktív prostredníctvom plánovaného mimoriadneho nariadenia vlády za predpokladu, že plánovaný prevod vykonajú rumunské orgány v súlade so zákonnými požiadavkami, predovšetkým vrátane riadneho ohodnotenia týchto aktív.
Therefore, the Commission concludes that these loans are selective within the meaning of Article 107(1) TFEU.
ZÁVER
Effect on trade and distortion of competition
Komisia preto dospela k záveru, že Rumunsko poskytlo podniku CE Hunedoara neoprávnenú štátnu pomoc, ktorá je nezlučiteľná s vnútorným trhom a mala by sa vrátiť.
When aid granted by a Member State strengthens the position of an undertaking compared to other undertakings competing in intra-Union trade, the latter must be regarded as affected by that aid.
PRIJALA TOTO ROZHODNUTIE:
It is sufficient that the recipient of the aid competes with other undertakings on markets open to competition.
Článok 1
CE Hunedoara supplies electricity and heat in Romania.
Úver od Medzinárodnej banky pre obnovu a rozvoj (úver od banky IBRD), za ktorý sa zaručil rumunský štát, ktorého následným príjemcom sa stal podnik CE Hunedoara, nebol neoprávnene poskytnutý podniku CE Hunedoara v rozpore s článkom 108 ods. 3 Zmluvy o fungovaní Európskej únie.
Pursuant to the applicable Union rules on the internal electricity market, electricity suppliers can freely establish operations and seek customers in Romania.
Článok 2
Indeed a variety of competitors from Romania (e.g. SN Nuclearelectrica, SN Hidroelectrica) or other Member States (e.g. CEZ, Alpiq) have actually done so.
Nasledujúce úvery v prospech podniku CE Hunedoara a vo výške uvedenej v bodoch a) až d) predstavujú štátnu pomoc, ktorú Rumunsko poskytlo neoprávnene [alebo ktorá nebola splatená, ako sa uvádza v bode d)], v rozpore s článkom 108 ods. 3 Zmluvy o fungovaní Európskej únie, a je nezlučiteľná s vnútorným trhom:
The Commission notes that the Romanian electricity system is at present interconnected with the electricity systems of Bulgaria and of Hungary, so that flows of electricity are produced in and traded between those Member States.
úver od Rumunskej obchodnej banky (BCR) dohodnutý ministerstvom financií a ďalej sprístupnený podniku CE Hunedoara na základe doplnkovej dohody o úvere (úver od banky BCR) – 83485450 RON;
Therefore, the Commission concludes that the loans under scrutiny are liable to affect EU trade and to distort or threaten to distort competition in the internal market.
úver od Rumunskej rozvojovej banky (BRD) dohodnutý ministerstvom financií a ďalej sprístupnený podniku CE Hunedoara na základe doplnkovej dohody o úvere (úver od banky BRD) – 68371170 RON;
Conclusion on the presence of aid
úver poskytnutý na splatenie nezlučiteľnej pomoci, ktorej vrátenie sa vyžaduje v rozhodnutí týkajúcom sa nezlučiteľnej pomoci (úver na vrátenie nezlučiteľnej pomoci) – 34785015 RON;
The Commission concludes based on the arguments presented above that the IBRD loan guaranteed by the Romanian State for CE Hunedoara, the BCR and BRD loans contracted for the benefit of CE Hunedoara, the loan granted to repay earlier incompatible aid, and the rescue aid loan, including the prolonged and not repaid portion of it, constitute State aid within the meaning of Article 107(1) TFEU.
úver predstavujúci pomoc poskytnutú v súlade s rozhodnutím o pomoci na záchranu a úroky (úver na pomoc na záchranu), skutočne vyplatený vo výške 98476900 RON a nesplatený po šiestich mesiacoch od vyplatenia.
Lawfulness of the aid
Článok 3
The State-guaranteed IBRD loan agreement benefiting CE Hunedoara was signed on 31 May 2002 with Electrocentrale Deva, one of the legal predecessors of CE Hunedoara, so before the accession of Romania to the European Union in 2007; as such the IBRD loan was not unlawful, even if it were to be established that the loan involved State aid.
Rumunsko vymôže od príjemcu pomoc uvedenú v článku 2, ktorá je nezlučiteľná s vnútorným trhom.
Therefore, the payments by the State as a guarantor, even though occurring post-accession, represent existing aid and are not, as such, unlawful, without prejudice to the qualification under State aid rules of a possible future failure of the State subsequently exercising its recourse right against CE Hunedoara.
Skutočné sumy, ktoré sa majú vymáhať, sa rovnajú sumám skutočne vyplateným príjemcovi, ktoré príjemca nesplatil rumunskému štátu.
However, the BCR loan, the BRD loan and the loan granted to repay the incompatible aid, constitute State aid within the meaning of Article 107(1) TFEU and, since they have been disbursed in violation of Article 108(3) TFEU, they constitute unlawful State aid.
Tieto sumy sa zvyšujú o úroky odo dňa, kedy bol úver poskytnutý k dispozícii príjemcovi, až do jeho skutočného vrátenia.
The rescue aid loan on which the Commission raised no objections by its rescue aid decision of 21 April 2015 was not put into effect before the Commission decision and was therefore not unlawful State aid.
Úroky sa vypočítajú na základe zloženej úrokovej sadzby podľa kapitoly V nariadenia Komisie (ES) č. 794/2004.
However, its excessive prolongation and non-repayment well beyond the six-month period for which it was granted render the prolongation unlawful.
Rumunsko s účinnosťou od dátumu prijatia tohto rozhodnutia zruší všetky neuhradené platby pomoci uvedené v článku 2.
Compatibility of the aid and the legal basis for the assessment
Článok 4
The Commission must assess if the aid measures identified above can be found compatible with the internal market.
Vrátenie pomoci uvedenej v článku 2 musí byť okamžité a efektívne, bez toho, aby boli dotknuté primerané opatrenia, ktoré môže Rumunsko prijať s cieľom zachovať pokračujúcu prevádzku zariadení na výrobu elektrickej energie, ktoré sú potrebné na dodávanie elektrickej energie a tepla, za predpokladu, že také opatrenia sú primerané, odôvodnené a obmedzené časovo aj rozsahom na to, čo je nevyhnutné na zachovanie hodnoty zariadení.
According to the case law of the Court, it is up to the Member State to invoke possible grounds of compatibility, and to demonstrate that the conditions for such compatibility are met.
Rumunsko zaistí vykonanie tohto rozhodnutia do štyroch mesiacov od dátumu oznámenia rozhodnutia.
Except initially for the rescue aid loan and its prolongation after six months from the Commission decision of 21 April 2015 and the IBRD loan which was not notifiable since it was granted before the accession of Romania to the Union, Romania has not notified the loan granted to repay the incompatible aid, the BCR loan and the BRD loan nor invoked possible grounds of compatibility with the internal market.
Článok 5
On the basis of the information available and, as noted in the opening decision, the Commission considers that the sole possible compatibility basis for the measures under assessment would be the R&R aid Guidelines.
Do dvoch mesiacov od dátumu oznámenia tohto rozhodnutia Rumunsko predloží Komisii tieto informácie:
These Guidelines provide rules and conditions for the purposes of the compatibility assessment of rescue and restructuring aid to undertakings in difficulty pursuant to Article 107(3)(c) TFEU.
celková suma (istina a úroky z vymáhania), ktorá sa má od príjemcu vymôcť;
Applicability of the R&R aid Guidelines
podrobný opis prijatých a plánovaných opatrení na vykonanie tohto rozhodnutia;
According to points 137 and 138 of the R&R aid Guidelines, ‘[t]he Commission will examine the compatibility with the internal market of any rescue or restructuring aid granted without its authorisation and therefore in breach of Article 108(3) [TFEU] on the basis of these guidelines if some or all of the aid is granted after their publication in the Official Journal of the European Union’ and ‘[i]n all other cases it will conduct the examination on the basis of the guidelines which applied at the time the aid was granted’.
podrobný opis prijatých a plánovaných opatrení na zachovanie pokračujúcej prevádzky zariadení na výrobu elektrickej energie;
The rescue aid loan and the loan granted to repay the incompatible aid were granted after the entry into force of the R&R aid Guidelines on 1 August 2014.
dokumenty dokazujúce, že príjemcovi bolo nariadené vrátenie pomoci.
Therefore, the R&R aid Guidelines are applicable to these two loans.
Rumunsko bude informovať Komisiu o priebehu vnútroštátnych opatrení na vykonanie tohto rozhodnutia až do vrátenia pomoci uvedenej v článku 2.
In addition, the BCR and the BRD loans were not notified to the Commission, in breach of Article 108(3) TFEU.
Rumunsko na požiadanie Komisie bezodkladne predloží informácie o plánovaných a prijatých opatreniach na vykonanie tohto rozhodnutia.
It follows that even if these two loans had been granted before 1 August 2014, insofar as they must be assessed jointly as part of a single operation providing aid to a company in difficulty, the R&R aid Guidelines also apply to the BCR and BRD loans.
Okrem toho poskytne podrobné informácie o sumách pomoci a úrokoch z vymáhania, ktoré už príjemca vrátil.
Application of the R&R aid Guidelines
Článok 6
Only undertakings in difficulty as defined in point 20 of the R&R aid Guidelines and not active in the coal, steel and financial sectors as defined in point 16 thereof can benefit from rescue or restructuring aid.
Toto rozhodnutie je určené Rumunsku.
As noted in the rescue aid decision, CE Hunedoara fulfilled already in April 2015 the criteria for being placed in collective insolvency proceedings set out in point 20(c) of the R&R aid Guidelines and, indeed, in January 2016, the company entered into such proceedings (see recital 22 above).
V Bruseli 8. novembra 2018
Therefore, CE Hunedoara can be considered a firm in difficulty in the sense of the R&R aid Guidelines.
Za Komisiu
The Commission first notes that Romania has not provided any evidence on possible compliance with the conditions for compatibility for rescue or restructuring aid set out in the R&R aid Guidelines.
členka Komisie
As regards, the BCR loan, the BRD loan, and the loan granted to repay the incompatible aid the Commission will in the following assess them jointly because they were granted to a company in difficulty as investment or operating aid allowing CE Hunedoara to meet its costs in the absence of access to financial markets (see recital 99).
Ú. v. EÚ C 158, 4.5.2018, s. 47.
On this basis, the Commission considers that the compatibility conditions for restructuring aid laid down in the R&R aid Guidelines are not met, because (i) the restructuring plan (submitted in October 2015 and amended in January 2016) was not valid at the outset insofar as it could not ensure the long term viability of CE Hunedoara without further continuous aid and has not been pursued, (ii) there is no discernible own contribution of CE Hunedoara in line with points 62 to 64 of the R&R aid Guidelines, and (iii) no measures limiting distortions of competition in line with points 74 to 86 of the R&R aid Guidelines could be identified.
Pozri poznámku pod čiarou č. 1.
Regarding points 99 to 103 of the R&R aid Guidelines, even though they provide for specific conditions for aid to SGEI providers in difficulty, the Commission comes to the view that the loans under assessment cannot be assessed or taken into account as a compensation for the provision of such services as referred to in point 100 of the R&R aid Guidelines.
Ú. v. EÚ C 23, 25.1.2013, s. 3.
First, it is not claimed nor established that CE Hunedoara has been operating on the basis of valid entrustment acts singling out any justifiable difference with the production of electricity by other electricity generators active in Romania; according to established case law of the European Court of Justice, the presence of a valid entrustment act is an essential condition for state aid to be considered as valid compensation of a Service of General economic Interest.
Rozhodnutie Rady 2010/787/EÚ z 10. decembra 2010 o štátnej pomoci na uľahčenie zatvorenia uhoľných baní neschopných konkurencie (Ú. v. EÚ L 336, 21.12.2010, s. 24).
Second, the loans at issue were ad hoc loans for specific purposes and have not been granted with regard to identifiable and justified extra costs of service provision.
Rozhodnutie Komisie (EÚ) 2015/1877 z 20. apríla 2015 o tarifách účtovaných rumunskou spoločnosťou S.C.
Third, the loan amounts have not been set, individually or cumulatively, on the basis of objective parameters set out in advance and calibrated specifically for the determined costs of the SGEI taking into account all revenues and costs of Hunedoara.
Hidroelectrica S.A. spoločnosti S.C.
Therefore, the Commission cannot, under points 100 and 101 of the R&R aid Guidelines, consider that the loans in question should be regarded as valid compensations under the SGEI Decision or the SGEI Framework.
Termoelectrica S.A. a spoločnosti S.C.
Romania has also failed to meet its commitment to legally separate the coal mines from the power generation within CE Hunedoara, which was a commitment it made at the time the rescue aid was approved and which, according to its submissions, could take between six and nine months.
Electrocentrale Deva S.A. –SA.33475 (12/C) (Ú. v. EÚ L 275, 20.10.2015, s. 46), odôvodnenia 117 až 124.
Two coal mines are receiving operating aid for closure pursuant to the Decision regarding the second aid to coal mines (recital 12 above).
Výmenný kurz používaný v rámci informácií v tomto rozhodnutí je RON/EUR = 0,215 (k 31. januáru 2018).
Romania has argued in its comments to the opening decision that separate accounts are held for the mining and electricity generation activities; however, separate accounts themselves do not prevent cross-financing of the mining activity.
Rozhodnutie Komisie z 21. apríla 2015, SA.41318 (2015/N) – Rumunsko – Notifikácia pomoci na záchranu podniku Complexul Energetic Hunedoara (Ú. v. EÚ C 203, 19.6.2015, s. 5).
Romania did not demonstrate that cross-financing does not occur by e.g. presenting evidence that the use of the State aid only benefits the electricity generation activity.
Ú. v. EÚ C 249, 31.7.2014, s. 1.
Absent this necessary evidence, it cannot be excluded that some of the loans covered by the present decision have benefitted directly or indirectly the coal mines of CE Hunedoara, in violation of point 16 of the R&R aid Guidelines which exclude the coal sector from R&R aid.
O tomto pláne sa diskutovalo aj na stretnutí s rumunskými orgánmi 23. októbra 2015.
Finally, it is worth noting that the proceeds from loan granted to repay the incompatible aid remain available to CE Hunedoara.
Schválenie poskytnutia štátnej pomoci v zmysle ustanovení článkov 107 a 108 Zmluvy o fungovaní Európskej únie – Prípady, proti ktorým Komisia nevzniesla námietky (Ú. v. EÚ C 127, 21.4.2017, s. 1).
In light of the Deggendorf principle, the accumulation of a non-repaid loan granted to repay earlier incompatible aid with the other three loans, does not allow considering that the possible restructuring aid to CE Hunedoara is compatible with the internal market on the basis of point 94 of the R&R aid Guidelines.
Uvedená do prevádzky v dvoch etapách, prvá etapa prebiehala v rokoch 1969 až 1971 a druhá v rokoch 1977 až 1980 – pozri správu GMC Insolvency Consulting z marca 2016, strana 37, cigmc.ro/files/Raport%20art.%2097.pdf.
Yet, whilst benefitting from State aid in the form of the loans at issue to the extent that they have not been repaid, CE Hunedoara continues to operate at the detriment of competitors.
Uvedená do prevádzky v dvoch etapách, prvá etapa prebiehala v rokoch 1956 až 1959 a druhá v rokoch 1962 až 1964 – pozri verejne dostupné informácie na adrese https://uzinaparoseni.wordpress.com/.
In conclusion, based on the above, the Commission considers that the BCR and BRD loans contracted for the benefit of CE Hunedoara, jointly assessed with the excessive prolongation of the rescue aid loan transforming it into a restructuring loan and the loan granted to repay the incompatible aid, are incompatible with the internal market.
Rozhodnutie týkajúce sa nezlučiteľnej pomoci prijaté 20. apríla 2015, odôvodnenia 84, 88 až 90, 98 a 117 až 124.