natgillin/translations-raw huggingface dataset:
Manises and Fene (ex Astano) are related entities since they were owned by the shipbuilding company IZAR during the period under investigation, and therefore also covered by the Shipbuilding Regulation, pursuant to its Article 1(g).
Manises in Fene (nekdanji Astano) sta sorodna subjekta, ker sta bila v preiskovanem obdobju v lasti družbe IZAR, in ju prav tako ureja Uredba o ladjedelništvu v skladu s členom 1(g) te uredbe.
ASSESSMENT OF AID
OCENA POMOČI
THE ROLE OF SEPI
VLOGA DRUŽBE SEPI
In its decision to open the formal procedure the Commission considered that SEPI acted on behalf of the State, i.e. that its behaviour in the different transactions is imputable to the State.
Komisija je v svoji odločbi o uvedbi uradnega postopka menila, da je SEPI deloval v imenu države, tj., da se njegovo ravnanje pri različnih transakcijah lahko pripiše državi.
Spain has contested this, and claimed that SEPI functions independently from the State and that therefore its behaviour is not imputable to the State.
Španija je to izpodbijala in trdila, da deluje SEPI neodvisno od države in zato njegovega ravnanja ni mogoče pripisati državi.
In any way, in Spain’s view, SEPI acted as a market investor and therefore the funds provided from SEPI in this case could not be considered as State aid.
Po mnenju Španije je SEPI deloval kot vlagatelj na trgu in se zato sredstva, ki jih je vložil SEPI, v tem primeru ne morejo šteti za državno pomoč.
The Commission notes that SEPI is a public holding company which is directly depending on the Ministry of Finance.
Komisija opozarja, da je SEPI državni holding, ki je neposredno odvisen od Ministrstva za finance.
As such it is considered as a public undertaking in the sense of Commission Directive 2000/52/EC of 26 July 2000 amending Directive 80/723/EEC on the transparency of financial relations between Member States and public undertakings [9], since due to its ownership or its financial participation, the public authorities can directly or indirectly exercise a dominant influence on SEPI.
Tako se šteje za državno podjetje v smislu Direktive Komisije 2000/52/ES z dne 26. julija 2000 o spremembah Direktive 80/723/EGS o preglednosti finančnih odnosov med državami članicami in javnimi podjetji [9], ker lahko državni organi zaradi svojega lastništva ali finančne udeležbe neposredno ali posredno izvajajo prevladujoč vpliv na SEPI.
The Court has defined when funds are considered to be state resources.
Sodišče je določilo, kdaj štejejo sredstva za državna sredstva.
It has e.g. stated that even if the sums corresponding to the measure in question are not permanently held by the Treasury, the fact that they constantly remain under public control, and therefore available to the competent national authorities, is sufficient for them to be categorised as State resources (Court judgment in Case C-83/98 P, France v Ladbroke Racing and Commission [10]).
Med drugim je določilo, da tudi v primeru, ko Ministrstvo za finance ne ureja trajno zneskov, ki ustrezajo zadevnemu ukrepu, že dejstvo, da ti trajno ostanejo pod državnim nadzorom in so torej na voljo pristojnim nacionalnim oblastem, zadostuje za njihovo umestitev v kategorijo državnih sredstev (sodba Sodišča v zadevi C-83/98 P Francija proti Ladbroke Racing in Komisiji [10]).
The Court has further taken a decision (Court judgment C-482/99, Stardust marine [11]), outlining the criteria for imputability to the State of an aid measure taken by a public undertaking.
Sodišče je prav tako sprejelo odločbo (sodba Sodišča C-482/99, Stardust marine [11]), ki opredeljuje kriterije, po katerih se ukrep pomoči, ki ga je sprejelo državno podjetje, pripisuje državi.
This may, according to the Court, be inferred from a set of indicators arising from the circumstances of the case and the context in which that measure was taken.
To je po mnenju Sodišča mogoče ugotoviti iz različnih kazalcev, ki izhajajo iz okoliščin primera in iz konteksta, v katerem je bil navedeni ukrep sprejet.
Examples of indicators provided by the Court are the integration of the public company into the structures of the public administration, the nature of its activities and the exercise of the latter on the market in normal conditions of competition with private operators, the legal status of the undertaking (in the sense of its being subject to public law or ordinary company law), the intensity of the supervision exercised by the public authorities over the management of the undertaking, or any other indicator showing, in the particular case, an involvement by the public authorities in the adoption of a measure or the unlikelihood of their not being involved, having regard also to the compass of the measure, its content or the conditions which it contains.
Primeri za kazalce, ki jih je določilo Sodišče, so vključenost državne družbe v strukture javne uprave, narava njenih dejavnosti in izvajanje teh dejavnoti na trgu v normalnih pogojih konkurence zasebnih podjetij, pravni status podjetja (ali zanj velja javno pravo ali običajno pravo družb), intenzivnost nadzora, ki ga izvajajo državne oblasti prek uprave podjetja, ali kateri koli drug kazalec, ki v določenem primeru kaže na poseg javnih organov pri sprejetju ukrepa pomoči ali popolno neverjetnost, da takšnega posega ni bilo, upoštevajoč pri tem obseg ukrepa, njegovo vsebino ali pogoje, ki jih vsebuje.
SEPI is a company with a particular legal status, with e.g. its annual reports not accessible in the public Spanish registry.
SEPI je družba s posebnim pravnim statusom, saj njegova poslovna poročila npr. niso dostopna v španskem državnem registru.
The supervision of the company is exercised by its board of directors constituting to a large extent of State secretaries and other persons directly linked to the government.
Nadzor družbe izvaja upravni odbor, ki je večinoma sestavljen iz državnih sekretarjev in drugih oseb, ki so neposredno povezane z vlado.
The nature of its activities include privatisation of state owned companies, which is an activity that is closely linked to public policy.
Njegove dejavnosti vključujejo privatizacijo družb v državni lasti, kar je dejavnost, tesno povezana z javno politiko.
It derives from points 31 and 32 above that SEPI’s funds are state resources.
Iz točk 31 in 32 zgoraj izhaja, da so sredstva družbe SEPI državna sredstva.
Furthermore, it derives from points 33 to 35 above that the provision of its funds under investigation in this case, to shipbuilding companies, must be considered imputable to the State in so far as they are provided on terms not in conformity with market economy principles.
Poleg tega iz točk 33 do 35 zgoraj izhaja, da je treba njegovo zagotovitev sredstev, ki so predmet sedanje preiskave, ladjedelniškim družbam pripisati državi, kolikor so zagotovljena pod pogoji, ki niso v skladu z načeli tržnega gospodarstva.
The general principle that applies for financial transactions between the state and public companies, is the so called market economy investor principle.
Splošno načelo, ki se uporablja za finančne transakcije med državo in državnimi družbami, je tako imenovano načelo vlagatelja v tržnem gospodarstvu.
Given that SEPI’s funds are State resources, it is essential that SEPI, in its economic transactions with its shipbuilding subsidiaries (whether the subsidiaries are companies with economic activities or holding companies to such companies) acts fully in line with the market economy investor principle.
Ob upoštevanju, da so sredstva družbe SEPI državna sredstva, je nujno potrebno, da SEPI pri gospodarskih transakcijah s svojimi hčerinskimi družbami ladjedelnic (bodisi da so hčerinske družbe družbe z gospodarsko dejavnostjo bodisi holdingi takih družb) deluje povsem v skladu z načelom vlagatelja v tržnem gospodarstvu.
It continues, ‘in particular, whether in similar circumstances a private shareholder, having regard to the forseeability of obtaining a return and leaving aside all social, regional policy and sectoral considerations, would have subscribed the capital in question’.
In nadaljevalo: „še zlasti uporaba merila, ali bi zasebni delničar v podobnih okoliščinah, upoštevajoč predvideni donos in ne meneč se za socialne, regionalne in sektorske vidike, vložil zadevni kapital“.
The Commission does not exclude that funds provided by SEPI may be free of aid as long as SEPI’s actions comply with the market investor principle.
Komisija ne izključuje dejstva, da sredstva, ki jih je zagotovil SEPI, ne predstavljajo pomoči, če so dejanja družbe SEPI v skladu z načelom vlagatelja v tržnem gospodarstvu.
The Commission will therefore, for the capital injection under scrutiny, assess whether SEPI acted according to the market investor principle.
Komisija bo zato ocenila, ali je v zvezi z denarnimi zneski, ki so predmet preiskave, SEPI deloval v skladu z načelom vlagatelja v tržnem gospodarstvu.
AID CONTAINED IN THE CAPITAL INJECTIONS FROM SEPI TO BAZAN/IZAR
POMOČ, VSEBOVANA V DENARNIH ZNESKIH DRUŽBE SEPI NAMENJENIH DRUŽBI BAZAN/IZAR
Aid to a purely military company
Pomoč povsem vojaški družbi
Spain claims that on 28 July 2000, when BAZAN received the main capital injection, it was a purely military company since it had not yet merged with the civil shipyard companies it recently had acquired.
Španija trdi, da je bil BAZAN dne 28. julija 2000, ko je prejel glavni denarni znesek, povsem vojaška družba, ker se takrat še ni združil s civilnimi ladjedelnicami, ki jih je pridobil malo pred tem.
Therefore Spain argues that any aid provided to BAZAN would enjoy the derogation provided for in Article 296 of the EC Treaty.
Zato Španija ugovarja, da bi se katera od pomoči, ki jih je prejel BAZAN, razveljavila v skladu s členom 296 Pogodbe ES.
The Commission does not agree with this and notes that when the capital was provided, BAZAN owned all the concerned civil shipyards and related activities.
Komisija se s tem ne strinja in opozarja, da je imel BAZAN v trenutku prejema kapitala v lasti vse zadevne civilne ladjedelnice in sorodne dejavnosti.
Whether BAZAN owned the civil activities in the form of 100 % owned subsidiaries or as assets can not be relevant.
Dejstvo, ali je imel BAZAN v lasti civilne dejavnosti v obliki hčerinskih podjetij, ki so bile v njegovi 100 % lasti, ni bistveno.
It can also be noted that the civil subsidiaries were merged into BAZAN two months later.
Razvidno je tudi, da so se civilne hčerinske družbe združile v BAZAN dva meseca pozneje.
It is the final use of the funds by the beneficiary that is relevant for whether the aid potentially distorts competition among civil shipyards in the common market.
Za ugotovitev, ali pomoč morda izkrivlja konkurenco med civilnimi ladjedelnicami in skupnim trgom, je bistvena končna uporaba sredstev s strani upravičenca.
Use of the funds for social costs
Uporaba sredstev za socialne stroške
In the opening of the procedure the Commission had doubts as to whether the social costs linked to BAZAN's past (before July 2000) were linked exclusively to military production, due to the fact that BAZAN in the past appears to have produced some civil ships.
Komisija je ob začetku postopka dvomila, ali so bili socialni stroški v zvezi s preteklostjo družbe BAZAN (pred julijem 2000) povezani izključno z vojaško proizvodnjo, saj se je izkazalo, da je BAZAN v preteklosti izdelal nekaj civilnih ladij.
The Commission therefore doubted that the funds provided to cover these costs would fall under Article 296 of the EC Treaty.
Komisija je zato dvomila, ali sredstva, ki so bila zagotovljena za kritje teh stroškov, sodijo v člen 296 Pogodbe ES.
The Commission notes that the social costs linked to BAZAN’s past indeed cover a part of the total capital provided.
Komisija opozarja, da socialni stroški v preteklosti družbe BAZAN dejansko zajemajo del skupnega prejetega kapitala.
Spain has been able to demonstrate that EUR […] million was provided to external insurance companies to cover costs for pre-pensions of the former military shipyards.
Španija je uspela dokazati, da je bilo […] milijonov EUR zagotovljenih zunanjim zavarovalniškim družbam za kritje stroškov predčasnih upokojevanj zaposlenih v nekdanjih vojaških ladjedelnicah.
This amount covers part of the capital provided in 2000, and all capital provided in 2001 and 2002.
Ta znesek zajema del kapitala, ki je bil zagotovljen v letu 2000, in skupen kapital, zagotovljen v letih 2001 in 2002.
The additional capital injections in 2001 and 2002 were motivated by unexpected increased costs for these pre-pensions.
Dodatne denarne zneske v letih 2001 in 2002 je izzvalo nepričakovano povečanje stroškov za predčasna upokojevanja.
Spain has also argued that a further EUR […] million was paid directly by BAZAN to certain pre-retired BAZAN employees.
Španija je tudi ugovarjala, da je BAZAN nadaljnjih […] milijonov EUR neposredno izplačal nekaterim predčasno upokojenim zaposlenim v družbi BAZAN.
However, the social costs linked to BAZAN’s military past do not cover the entire amount of capital provided by SEPI.
Vendar pa socialni stroški v zvezi z vojaško preteklostjo družbe BAZAN ne zajemajo celotne višine kapitala, ki ga je vložil SEPI.
The Commission has furthermore not been provided with convincing information about the need for more working capital for the military yards, nor a convincing argument why investments in military shipbuilding should be financed entirely with own capital, instead of with mostly loans, which would be a normal market behaviour.
Komisiji prav tako niso bili predloženi niti prepričljivi podatki o potrebi po dodatnem delovnem kapitalu za vojaška delovišča niti ne prepričljiva utemeljitev, zakaj bi se morale investicije v vojaško ladjedelništvo v celoti financirati z lastnim kapitalom in ne večinoma s posojili, kar bi bilo običajno obnašanje na trgu.
Therefore, Spain did not demonstrate that the full use of the funds provided by SEPI to IZAR was for military purposes.
Zato Španija ni dokazala, da je bila uporaba sredstev, ki jih je SEPI vložil v IZAR, v celoti v vojaške namene.
Loss coverage for civil activities
Kritje izgube civilnih dejavnosti
Spain has provided the Commission with estimated financial results of the civil activities of IZAR for the years 2000 to 2003.
Španija je Komisiji predložila predvidene finančne rezultate civilnih dejavnosti družbe IZAR med letoma 2000 in 2003.
This information indicates a total loss for the civil activities within IZAR of EUR 290 million, as specified in Table 1.
Ta podatek navaja skupno izgubo civilnih dejavnosti v okviru družbe IZAR v višini 290 milijonov EUR, kot je razvidno iz preglednice 1.
Estimated results of IZAR’s civil activities 2000 to 2003 [17]
Ocenjeni rezultati civilnih dejavnosti družbe IZAR med letoma 2000 in 2003 [17]
The results are provided after extraordinary gains, which in particular affected Puerto Real, Sestao and Sevilla due to the fact that these companies had positive book values at the time they were bought by BAZAN for a symbolic price.
Rezultati so predloženi po izjemnih dobičkih, zlasti ladjedelnic Puerto Real, Sestao in Sevilla, ker so te družbe imele pozitivne knjižne vrednosti takrat, ko jih je po simbolični ceni kupil BAZAN.
From the table it can be concluded that IZAR has covered losses generated in its civil activities for a total sum of EUR 290 million during the period 1 July 2000 to 31 December 2003.
Iz preglednice lahko sklepamo, da je IZAR kril izgube svojih civilnih dejavnosti v skupni višini 290 milijonov EUR v obdobju med 1. julijem 2000 in 31. decembrom 2003.
Furthermore, Spain has provided information concerning the central costs of IZAR, which have not been allocated to the civil activities in the calculation of the results in Table 1.
Španija je prav tako predložila podatke o osrednjih stroških družbe IZAR, ki niso pripisani civilnim dejavnostim v izračunu rezultatov v preglednici 1.
The total amount of central costs for the period 2000 to 2003 were EUR […] million. The civil activities’ share of the turnover of IZAR was […] % during this period.
Skupna višina osrednjih stroškov v obdobju med letoma 2000 in 2003 je bila […] milijonov EUR. Delež civilnih dejavnosti v prihodkih družbe IZAR je v tem obdobju znašal […] %.
Using this as a key to distribute the central costs would imply an additional loss of the civil activities of EUR 74 million over the concerned period.
Če bi to uporabili kot ključ za razporeditev osrednjih stroškov, bi to pomenilo dodatno izgubo civilnih dejavnosti v višini 74 milijonov EUR v zadevnem obdobju.
In total, the civil activities of IZAR thus made an estimated loss of EUR 364 million over the period 2000 to 2003.
Skupno so civilne dejavnosti pomenile ocenjeno izgubo v višini 364 milijonov EUR v obdobju med letoma 2000 in 2003.
When BAZAN acquired the civil activities, it had limited financial resources (own capital EUR 100 million by the end of 1999).
Ko je BAZAN pridobil civilne dejavnosti, je imel omejena finančna sredstva (lasten kapital v višini 100 milijonov EUR do konca leta 1999).
It furthermore appears to have made losses (based on IZAR’s annual reports) in it military activities in 2000 to 2002 of approximately EUR […] million. It can therefore be established that the losses of IZAR’s civil activities had to be covered by the capital injection provided in year 2000.
Prav tako se je izkazalo, da je imel izgube (na osnovi letnih poročil družbe IZAR) v svojih vojaških dejavnostih med letoma 2000 in 2002 v višini približno […] milijonov EUR. Iz tega je mogoče ugotoviti, da je bilo treba izgube civilnih dejavnosti družbe IZAR kriti z denarnimi zneski, zagotovljenimi v letu 2000.
Market economy investor principle
Načelo vlagatelja v tržnem gospodarstvu
The next issue to be assessed is whether in similar circumstances a private shareholder, having regard to the foreseeability of obtaining a return and leaving aside all social, regional policy and sectoral considerations would have provided the capital for use in question.
Naslednje vprašanje, ki ga je treba preučiti, je, ali bi v podobnih okoliščinah zasebni delničar ob upoštevanju predvidljivosti donosa in ob zanemaritvi vseh upoštevanj socialne politike, regionalne politike in sektorja pridobil slednji kapital.
The Court has stated that an appropriate way of establishing whether a capital injection is state aid is to apply the criterion of determining to what extent the undertaking would be able to obtain the sums in question on the private capital markets, the so called private investor test [18].
Sodišče je določilo, da se ustrezen način ugotavljanja, ali je denarni znesek državna pomoč, velja za kriterij, do katere mere bi podjetje lahko prejemalo zadevne zneske na zasebnih kapitalskih trgih, tako imenovan preskus zasebnega vlagatelja [18].
From the information provided by Spain it is clear that the civil companies bought by BAZAN in July 2000 were in economic difficulties (see Table 2).
Iz podatkov, ki jih je predložila Španija, je jasno, da so bile družbe, ki jih je julija 2000 kupil BAZAN, v gospodarskih težavah (glej preglednico 2).
Book values and financial risks (estimated by Spain) in July 2000
Knjižne vrednosti in finančna tveganja (po ocenah Španije) julija 2000
Book value
Knjižna vrednost
Estimated Risks
Predvidena tveganja
Companies sold by AESA to BAZAN/IZAR:
Družbe, ki jih je družba AESA prodala družbi BAZAN/IZAR
Companies sold by SEPI to BAZAN/IZAR:
Družbe, ki jih je družba SEPI prodala družbi BAZAN/IZAR
Total sum
Skupna vsota
62,1– alues and financial risks (estimated by Spain) in July 2000
62,1– e vrednosti in finančna tveganja (po ocenah Španije) julija 2000
There were furthermore no signs that the difficult financial situation for the civil activities, which had been loss-making for several years, would improve.
Prav tako ni bilo nobenih znakov, ki bi kazali na izboljšanje težavnega finančnega stanja civilnih dejavnosti, ki so nekaj let pred tem poslovala z izgubo.
It can therefore be excluded that the civil activities, under the ownership of BAZAN/IZAR would generate an acceptable rate of return, due to their past performance and the lack of any restructuring measures foreseen.
Zato lahko izključimo, da bi civilne dejavnosti pod lastništvom družbe BAZAN/IZAR pomenile sprejemljivo stopnjo donosnosti ob upoštevanju njihovih preteklih donosov in pomanjkanja kakršnih koli predvidenih ukrepov za prestrukturiranje.
This is also confirmed by the information provided by Spain, which states that each of IZAR’s civil activities made operating losses in each year since 2000, with some minor exceptions.
To potrjujejo tudi podatki, ki jih je predložila Španija, iz katerih je razvidno, da so vse civilne dejavnosti družbe IZAR v vseh letih od leta 2000 dalje z nekaj redkimi izjemami poslovale z izgubo.
For these reasons, it can be established that IZAR would not have been able to obtain loans or capital on the private capital markets to cover the losses of its civil activities.
Zato je mogoče ugotoviti, da IZAR na zasebnih kapitalskih trgih ne bi mogel pridobiti posojila ali kapitala, s katerim bi kril izgube svojih civilnih dejavnosti.
Therefore, the provision of capital to these activities did not comply with the private investor test.
Zato zagotovitev kapitala za te dejavnosti ni bila v skladu s preskusom zasebnega vlagatelja.
For the same reasons SEPI could not have expected a return on this capital.
SEPI iz istih razlogov ni mogel pričakovati vračila svojega kapitala.
Therefore the provision of these resources from SEPI to IZAR did not comply with the market economy investor principle.
Zato zagotovitev sredstev, ki jih je SEPI vložil v IZAR, ni bila v skladu z načelom vlagatelja v tržnem gospodarstvu.
Therefore the capital injected for the use of the civil activities constitutes State aid to IZAR.
Kapital, ki je bil vložen za uporabo v civilnih dejavnostih, tako predstavlja državno pomoč, namenjeno družbi IZAR.
This State aid was illegal, given that it was not notified to the Commission.
Državna pomoč je bila nezakonita, če o njej ni bila obveščena Komisija.
It can furthermore be concluded that this aid was not compatible with the common market as it cannot be authorised as restructuring aid, since for the shipyards this was not allowed, due to the reasons invoked above.
Prav tako lahko sklepamo, da ta pomoč ni bila v skladu s skupnim trgom, ker je ni mogoče odobriti kot pomoč za prestrukturiranje, ker ta za ladjedelnice iz zgoraj navedenih razlogov ni bila dopuščena.
It can neither be authorised for the other concerned activities, Fene and Manises, since no restructuring plan has been presented by Spain.
Niti je ni mogoče odobriti za druge sorodne dejavnosti, tj. Fene in Manises, ker Španija ni predložila nikakršnega načrta za prestrukturiranje.
The aid can neither be approved under any other provision of the shipbuilding Regulation.
Pomoči ni mogoče odobriti niti v okviru katere koli druge določbe Uredbe o ladjedelništvu.
Furthermore, based on the information available, the aid could not be authorised based on any other of the derogations foreseen in Article 87(2) and (3) of the EC Treaty.
Prav tako na osnovi razpoložljivih podatkov pomoči ni mogoče odobriti na osnovi katere koli druge razveljavitve, predvidene v členu 87(2) in (3) Pogodbe ES.
Loans repaid by IZAR on behalf of three activities
Posojila, ki jih je vrnil IZAR v imenu teh treh dejavnosti
As was established in State aid decision on case C-40/00, loans amounting to EUR 192,1 million were on 12 September 2000 repaid to SEPI, with interest, by IZAR.
Kot je bilo določeno v odločbi o državni pomoči v primeru C-40/00, je IZAR posojila v višini 192,1 milijona EUR dne 12. septembra 2000 vključno z obrestmi vrnil družbi SEPI.
The funds had been provided in 1999 to the companies Juliana, Cadiz and Manises, which subsequently were taken over by BAZAN/IZAR in July 2000.
Sredstva so se leta 1999 zagotovila družbam Juliana, Cadiz in Manises, ki jih je pozneje julija 2000 prevzel BAZAN/IZAR.
As stated in the decision on case C-40/00, information linked to this loan repayment would be used in the present investigation.
Kot je bilo določeno v odločbi v primeru C-40/00, se bodo podatki v zvezi s temi vračili posojil uporabili v sedanji preiskavi.