natgillin/translations-raw huggingface dataset:
Although it considerably expanded its turnover in the mobile telephony/service provider sector between 1997 and 2000 as a result of a steep net increase in customers, MobilCom's operating results in that business line steadily declined.
Kljub znatno višjem prihodku od prometa na področju mobilne telefonije/ponujanja storitev v letih 1997 do 2000 so se poslovni rezultati družbe MobilCom na tem področju zaradi močne neto rasti strank stalno zmanjševali.
This was primarily because the costs of acquiring new customers rose at the same time as margins in its existing business fell.
Vzrok so bili zlasti naraščajoči stroški pridobivanja novih naročnikov ob padajočih maržah v obstoječem poslu.
Added to this was a rise in bad debts, for which significant provision had to be made, particularly in 2001.
Tudi povišanje dvomljivih terjatev, ki so v letu 2001 zahtevali visoke popravke vrednosti, je bil pomemben dejavnik.
Moreover, the external situation in the UMTS field, in particular the development of the market, content products and terminal equipment, was worse than planned and clearly behind schedule.
Tudi zunanji okvirni pogoji na področju UMTS, še posebej v zvezi z razvojem trga, „content“ izdelki in končnimi napravami se niso razvijali po načrtu in z znatno zamudo.
On 13 September 2002, France Télécom announced the end of its partnership with MobilCom AG since it felt that its German partner's independent UMTS activities were no longer profitable.
Dne 13. septembra 2002 je družba France Télécom objavila prekinitev partnerstva z MobilCom AG, ker je ocenila, da avtonomne dejavnosti UMTS nemškega partnerja več niso donosne.
The complete withdrawal of France Télécom from joint UMTS activities brought an immediate end to all payments for the purpose of financing the UMTS business.
S popolnim umikom družbe France Telecom je bila povezana ustavitev vseh plačil za financiranje posla UMTS.
At this point, MobilCom had, according to its business report, debts of EUR 7,1 billion plus large current financing requirements to cover further network investments, ordinary organisational expenditure and interest.
Stanje dolgov je po podatkih poslovnega poročila MobilCom tedaj znašalo 7,1 milijarde EUR, imeli pa so tudi velike stalne potrebe po finančnih sredstvih za nadaljnja vlaganja v omrežje, tekoče organizacijske stroške in obresti.
Since France Télécom had for months been MobilCom's sole remaining source of financing and since there were no alternative financing options, MobilCom was directly threatened with insolvency.
Ker je bilo podjetje France Télécom že več mesecev edini preostali financer MobilCom in ker ni bilo alternativnih virov financiranja, se je podjetje MobilCom znašlo tik pred plačilno nesposobnostjo.
Against this background the Federal Government granted rescue aid in the form of a deficiency guarantee for a loan of EUR 50 million. The loan was provided by the State‐owned KfW and paid out on 21 September 2002.
V tej zvezi je Zveza odobrila pomoč za reševanje v obliki poroštva za zanesljivost plačila za posojilo v višini 50 milijonov EUR. Posojilo je zagotovila zvezna KfW in ga dne 21. septembra 2002 izplačala.
It enabled the firm to maintain its operations for an initial period.
V začetni fazi je to podjetju omogočilo ohraniti operativno obratovanje.
This aid is not covered by the present proceedings, having been approved by the Commission by decision of 21 January 2003.
Vendar pa ta pomoč ni predmet tega postopka, saj jo je Komisija odobrila že v Odločbi z dne 21. januarja 2003.
At the same time, MobilCom sought to enforce a compensation claim on the basis of the cooperation agreement with France Télécom.
Hkrati je podjetje MobilCom skušalo na podlagi pogodbe o sodelovanju s France Télécom uveljaviti pravico do poravnave.
On 22 November 2003 MobilCom AG, MobilCom Holding GmbH, MobilCom Multimedia, France Télécom and Wirefree Services Belgium SA signed the MC Settlement Agreement, which cleared a considerable amount of MobilCom's debts.
Dne 22. novembra 2003 so MobilCom AG, mobilcom Holding GmbH, mobilcom Multimedia ter France Télécom in Wirefree Services Belgium S.A. podpisali sporazum o poravnavi, „MC Settlement Agreement“, s katerim bi odpisali večji del dolgov MobilCom.
The central plank of the Settlement Agreement was France Télécom's assumption of the MobilCom group's UMTS liabilities.
Bistvo sporazuma o poravnavi je bil prevzem obveznosti koncerna MobilCom za UMTS s strani France Télécom.
In return, MobilCom waived, in France Télécom's favour, any possible earnings from the sale or use of all UMTS assets, except for a 10 % share.
V zameno se je družba MobilCom, razen 10 % udeležbe, odpovedala morebitnim prihodkom iz prodaje ali uporabe vseh sredstev UMTS v korist družbe France Télécom.
More specifically, France Télécom took over bank liabilities (EUR 4,692 billion) and supplier credit (around EUR 1,25 billion).
Podjetje France Télécom je podrobneje prevzelo bančne obveznosti (4,692 milijarde EUR) in kredite dobaviteljev (okoli 1,25 milijarde EUR).
At the same time, it waived repayment of its shareholder's loans totalling around EUR 1,009 billion. The claims waived and liabilities assumed came to a total of EUR 6,9 billion, plus the interest that had accrued up to the time of the transfer.
Hkrati se je družba France Télécom odpovedalo vračilu svojega partnerskega posojila v približni višini 1,009 milijarde EUR. Skupen znesek odpusta terjatev in prevzetih obveznosti je znašal 6,9 milijarde EUR, ki mu je treba prišteti še obresti, ki so se natekle do trenutka prevzema.
France Télécom also undertook to provide funds for the withdrawal from the UMTS business, albeit only up to 31 December 2003 and for a total amount of EUR 370 million. The parties also waived all reciprocal claims arising from their business relationship.
Družba France Télécom je privolila tudi, da bo zagotovila sredstva za umik iz posla UMTS s časovno omejitvijo do 31. decembra 2003 in do višine skupnega zneska 370 milijonov EUR. Stranki sta se vzajemno odpovedali vsem zahtevkom iz svojega poslovnega razmerja.
However, France Télécom's withdrawal from cooperation in the UMTS business not only had an impact on MobilCom's UMTS operations but also made restructuring necessary in other business areas, in particular the loss‐making core business of mobile telephony/service provision.
Umik France Télécom iz sodelovanja v poslu UMTS ni vplival le na poslovno področje UMTS podjetja MobilCom, ampak je sprožil tudi potrebo po prestrukturiranju drugih področij njegovega delovanja, zlasti temeljnih dejavnosti mobilne telefonije/ponujanja storitev, ki poslujejo z izgubo.
France Télécom had expressly refused, during the negotiations on the settlement, to provide funds for reorganising the mobile telephony/service provider business as well.
Podjetje France Télécom je med pogajanji o poravnavi izrecno zavrnilo zagotoviti tudi sredstva za reorganizacijo področja mobilne telefonije/ponujanja storitev.
On 20 September 2002, in order to ensure the additional funding needed to finance the requisite reorganisation measures in this sector, Germany and the Land of Schleswig‐Holstein granted a further 80 % deficiency guarantee for a loan amounting to EUR 112 million.
Za zadovoljevanje nadaljnjih finančnih potreb zaradi potrebnih reorganizacijskih ukrepov na tem področju poslovanja sta Nemčija in dežela Šlezija-Holstein dne 20. septembra 2002 odobrili dodatno 80 % poroštvo za zanesljivost plačila za posojilo v višini 112 milijonov EUR.
Description of the restructuring plan
Opis načrta prestrukturiranja
Germany submitted a comprehensive restructuring plan for the MobilCom group which examined the causes of the crisis and set out how long‐term profitability might be restored.
Nemčija je predstavila obsežni načrt prestrukturiranja skupine MobilCom, ki se ukvarja z vzroki za krizo in predstavlja koncept za ponovno vzpostavitev dolgoročne rentabilnosti.
According to the plan, the fundamental causes of the continuing economic difficulties of the MobilCom group were to be found in the core business segment of mobile telephony/service provision and the former UMTS business segment.
Po načrtu so bistveni vzroki še vedno trajajočih gospodarskih težav skupine MobilCom v temeljni dejavnosti mobilne telefonije/ponujanja storitev in v dosedanjem poslovnem polju UMTS.
According to the restructuring plan, the external situation in the UMTS sector was worse than planned.
V skladu z načrtom prestrukturiranja so bili na področju UMTS zunanji okvirni pogoji slabši od načrtovanih.
The original profits expected from the UMTS business had to be corrected.
Prvotno pričakovane dobičke v zvezi s poslom UMTS je bilo treba popraviti.
In the end, the trigger for the crisis was France Télécom's withdrawal (which the MobilCom group had not expected) from the expansion of the UMTS business; in view of the considerable finance required to develop the UMTS business, this had threatened the liquidity of the MobilCom group.
Končni sprožilec krize je bil umik France Télécom iz posla UMTS, ki je bil za koncern MobilCom nepričakovan in je ogrozil plačilno sposobnost skupine MobilCom, ki je zaradi razvoja posla UMTS potrebovala znatna finančna sredstva.
In the mobile telephony/service provider business segment, the chief cause of the crisis according to the restructuring plan was the exclusive concentration on growth at the expense of profitability.
Nadrejen vzrok krize na poslovnem polju ponujanja storitev/mobilne telefonije je po navedbah v načrtu prestrukturiranja izključna usmerjenost k rasti v breme donosnosti.
In the desire to win customers for the future UMTS business, too much emphasis had been placed in the past on increasing market share.
V preteklosti se je na tem poslovnem polju preveč težilo k večanju tržnega deleža, tudi zaradi pridobivanja strank za prihodnje posle UMTS.
Since, in the past, new customers could frequently be gained only at disproportionately high acquisition costs and primarily in cheap price‐ranges and since, at the same time, only small turnovers were generated, gross yield margins were small.
Ker je bilo v preteklosti nove stranke mogoče pridobiti le z nadsorazmerno visokimi stroški pridobivanja novih naročnikov ter v glavnem za ugodne tarife, ustvarjen promet pa je bil majhen, so bile kosmate marže od prihodkov neznatne.
In addition, the unsatisfactory payment behaviour of many customers and the consequent provisions for bad debt resulted in significantly high charges.
Poleg tega je prišlo do znatnih obremenitev zaradi nezadovoljive plačilne kulture mnogih strank in do posledičnih popravkov vrednosti.
The mobile telephony/service provider business segment recorded continual losses at that time.
Področje poslovanja mobilne telefonije/ponujanja storitev je takrat stalno poslovalo z izgubami.
Concentration on the UMTS business also meant that necessary adjustments in the other business segments were neglected.
Zaradi koncentracije na posel UMTS so se zapostavile tudi potrebne prilagoditve na ostalih področjih poslovanja.
The basis of the strategy for restoring the firm's profitability set out in the restructuring plan was to concentrate strictly on the original core business as a service provider in the mobile telephony sector.
Temelj strategije za ponovno vzpostavitev rentabilnosti družbe, predvidene v načrtu prestrukturiranja, je bilo stroga koncentracija na prvotne temeljne pristojnosti ponujanja storitev na področju mobilne telefonije.
The unprofitable UMTS business was to be completely discontinued.
Nedonosno obratovanje UMTS bi se naj povsem opustilo.
The cost of withdrawing from the UMTS business, i.e. selling or cutting back all UMTS assets and shedding 1000 UMTS full‐time jobs, was estimated in the restructuring plan at a maximum of EUR 370 million. According to the plan, no further funds were needed in the UMTS sector besides the EUR 370 million promised by France Télécom as part of the MC Settlement Agreement.
Stroški za umik iz posla UMTS, torej prodaja ali opustitev vsega premoženja UMTS ter ukinitev 1000 delovnih mest za UMTS, so bili v načrtu prestrukturiranja ovrednoteni z največ 370 milijoni EUR. Po načrtu prestrukturiranja tako na področju UMTS ni bilo drugih potreb po financiranju, razen zneska v višini 370 milijonov EUR, ki ga bo v zvezi s sporazumom o poravnavi zagotovilo podjetje France Télécom.
It was also planned that MobilCom would withdraw from the Internet/landline sector.
Predvideno je bilo tudi, da se MobilCom umakne iz področja internet/fiksno omrežje.
To this end, the landline division was to be integrated into freenet.de AG and the stake in freenet.de AG subsequently sold (in part).
V ta namen bi se naj panoga fiksno omrežje vključila v Freenet.de AG, kasneje pa bi bila (delno) odsvojena družbi Freenet.de AG.
The key components of the reorganisation strategy for the loss‐making mobile telephony/service provider business were to cut 850 full‐time jobs, to concentrate sales and customer‐services activities, which had previously been scattered over several sites, at the Büdelsdorf group headquarters and the Erfurt site, to reduce customer acquisition costs (among other things, by closing MobilCom shops) and to streamline customer portfolios.
Bistven element reorganizacijske strategije za področje mobilne telefonije/ponujanja storitev, ki posluje z izgubo, je ukinitev 850 delovnih mest, koncentracija prodajnih aktivnosti in servisiranja strank iz več lokacij na sedež v Büdelsdorfu in na lokacijo v Erfurtu ter znižanje stroškov za pridobivanje novih naročnikov (med drugim z zaprtjem trgovin MobilCom) in racionalizacijo obstoječih strank.
Overall, the emphasis would be on consolidation at lower but more profitable customer and turnover levels.
V ospredju bi bilo uskupinjenje na ožjo, a bolj donosno raven strank in prometa.
The measures were to be financed by the loan with an 80 % State guarantee.
Ukrepi bi se financirali s kreditom, za katerega jamči država do 80 %.
It was originally estimated that EUR 112 million would be needed. In the end, the amount required was only EUR 88,3 million, which in the restructuring plan is broken down as follows:customer/loyalty measures to optimise price structure: EUR […]* million,
Prvotna ocena potrebnega financiranja je bila 112 milijonov EUR. Nazadnje je bil potreben le znesek v višini 88,3 milijone EUR, ki je bil v načrtu prestrukturiranja razčlenjen tako:Ukrepi v zvezi s strankami/ohranjanjem strank za optimiranje tarifne strukture: […] milijonov EUR
closure of unprofitable MobilCom shops: EUR […]* million,
Zaprtje nedonosnih trgovin MobilCom: […] milijonov EUR
job cuts in service provider sector: EUR […]* million,
Ukinitev delovnih mest za ponujanje storitev: […] milijonov EUR
external consultancy, to March 2003: EUR […]* million,
Zunanje svetovanje do marca 2003: […] milijonov EUR
closure of Karlstein and Hallbergmoos and relocation of infrastructure: EUR […]* million,
Zaprtje Karlstein/Hallbergmoos in prenos infrastrukture: […] milijonov EUR
impending financial obligations, in particular from leasing commitments for business assets no longer used on account of change in strategy: EUR […]* million,
Neposredne plačilne obveznosti, zlati zaradi obveznosti za gospodarski najem sredstev, ki se zaradi novih strateških usmeritev več niso uporabljala: […] milijonov EUR
cash deposits […]*: EUR […]* million.
Gotovinski pologi […]: […] milijonov EUR.
According to a business plan attached to the restructuring plan and to a profit and loss account for the period up to 2007, MobilCom would return to profit in the service provider sector in 2005.
V skladu s poslovnim načrtom, priloženim načrtu prestrukturiranja, in bilanco uspešnosti do leta 2007, bi se naj MobilCom v letu 2005 na področju ponujanja storitev prebil v cono dobička.
As regards repayment of the loans guaranteed by the State, a liquidity analysis concluded on the basis of the three scenarios put forward, favourable outcome, medium or ‘realistic’ outcome and unfavourable outcome, that, even if turnover was as posited in the worst‐case scenario, the loans could be repaid by the end of 2007.
V zvezi s poplačilom kreditov, za katere jamči država, je analiza plačilne sposobnosti na osnovi treh potrebnih scenarijev, ugoden razvoj, srednji ali „realni“ razvoj in neugodni razvoj ugotovila, da je poplačilo posojila možno do konca 2007 tudi, če se promet razvija po „najslabšem“ scenariju.
According to the restructuring plan, earlier repayment would be possible, though, if the shares in freenet.de AG were successfully sold.
Po načrtu prestrukturiranja naj bi bilo vračilo možno hitreje, če bi bile udeležbe uspešno odsvojene družbi Freenet.de AG.
Implementation of the restructuring plan
Izvajanje načrta prestrukturiranja
MobilCom began implementing the measures set out in the restructuring plan back in November 2002.
Podjetje MobilCom je začelo izvajati ukrepe, predvidene v načrtu prestrukturiranja, že novembra leta 2002.
The UMTS sector was frozen in accordance with the plan and prepared for sale.
Kot načrtovano je bilo področje UMTS zamrznjeno in pripravljeno za prodajo.
The planned shedding of a total of 1850 full‐time jobs in the UMTS and service provider sectors was already concluded in March 2003.
Predvidena ukinitev skupaj 1850 delovnih mest s polnim delovnim časom na področjih UMTS in ponujanja storitev je bila sklenjena že marca leta 2003.
The additional measures relating to the reorganisation of the service provider core business, such as the shutdown of the Karlstein and Hallbergmoos sites, the closure of unprofitable shops and the introduction of a new organisational structure, were also fully implemented in the fourth quarter of 2002 and the first quarter of 2003.
Tudi drugi ukrepi za saniranje temeljne dejavnosti ponujanja storitev, kot na primer opustitev lokacij v Karlsteinu in Hallbergmoosu, zaprtje nedonosnih trgovin in uvedba nove organizacijske strukture, so bili popolnoma izvedeni v zadnjem četrtletju leta 2002 in prvem četrtletju leta 2003.
In addition, all MobilCom's landline activities were grouped together in mobilcom CityLine GmbH (MCL) and transferred on 10 April 2003 by way of a purchase contract from MobilCom to freenet.de AG.
Vse dejavnosti MobilCom AG v fiksnem omrežju so bile združene v mobilcom CityLine GmbH (MCL) in 10. aprila 2003 so bile te dejavnosti s prodajno pogodbo med Freenet.de AG in MobilCom AG prenesene na Freenet.de AG.
The first two instalments, EUR 10 million and EUR 8,5 million, of the total purchase price of EUR 35 million to be paid to MobilCom, which were due in May and August 2003, were used in accordance with the plan to repay the second loan guaranteed by the State.
Prva dva obroka v višini 10 milijonov EUR in 8,5 milijona EUR kupnine v skupni vrednosti 35 milijonov EUR, ki jih je bilo treba plačati podjetju MobilCom, zapadla maja in avgusta 2003, sta bila po načrtu uporabljena za poplačilo drugega kredita z državnim jamstvom.
The UMTS network was sold to E‐Plus in May 2003 and the UMTS licence returned to RegTP in December 2003.
Omrežje UMTS je bilo maja 2003 odsvojeno na E-Plus, licenca UMTS pa je bila decembra leta 2003 vrnjena RegTP.
This left MobilCom free as a service provider to offer UMTS services as well and to take part in the emerging market.
Tako je bil MobilCom prost, kot ponudnik storitev ponujati tudi storitve UMTS in sodelovati na nastajajočem trgu.
On 17 September 2003 the management board and the supervisory board decided to sell up to 20 % of the shares in freenet.de AG.
septembra 2003 sta uprava in nadzorni svet sklenila prodati do 20 % deležev v Freenet.de AG.
Under an accelerated bookbuilding procedure, 20 % of the shares (3,75 million) were sold to various domestic and foreign investors.
S tehniko pospešene prodaje „bookbuilding“ je bilo 20 % deležev (3,75 milijona delnic) prodanih različnim domačim in tujim vlagateljem.
The gross yield from the sale was EUR 176,1 million (EUR 47 per share).
Kosmati prihodek iz prodaje delnic je znašal 176,1 milijona EUR (47 EUR na delnico).
This left MobilCom with 52,89 % of the shares in freenet.de AG.
MobilCom je tako lastnik le še 52,89 % deležev v Freenet.de AG.
With the proceeds, MobilCom repaid the outstanding credit lines from the two State‐guaranteed loans on 22 September 2003 and was thus free from debt.
S prihodkom je podjetje MobilCom 22. septembra 2003 poplačalo odprte kreditne linije obeh posojil z državnim jamstvom in se tako rešilo dolgov.
The guarantee bonds were returned to the Federal Government and the Land of Schleswig‐Holstein.
Poroštvene listine so bile vrnjene Zvezi in deželi Šleziji-Holstein.
After repaying the loans, MobilCom was left with proceeds of nearly EUR 60 million from the sale of the freenet shares.
Po poplačilu posojila z odsvojitvijo delnic Freenet je podjetju MobilCom ostalo skoraj 60 milijonov EUR prihodka.
According to Germany, the sale of further shares in freenet.de AG is not planned.
Po navedbah Nemčije dodatne odsvojitve deležev Freenet.de AG niso načrtovane.
MobilCom's stake in freenet.de AG had, it said, in the meantime been transformed from a strategic into a purely financial holding, even though MobilCom retained 52,89 % of the shares.
Udeležba podjetja MobilCom v Freenet.de AG je bila medtem iz strateške pretvorjena v finančno udeležbo, četudi je bilo podjetje MobilCom še naprej lastnik 52,89 % deležev.
Germany described the surviving operational links between the freenet subgroup and the MobilCom subgroup as insignificant.
Po podatkih Nemčije sta del koncerna Freenet in del koncerna MobilCom le še neznatno operativno prepletena.
There was no control- and profit‐transfer agreement between MobilCom and freenet.de AG.
MobilCom in Freenet.de AG nista sklenila pogodbe o obvladovanju in odvajanju dobička.
In October 2003 further extraordinary receipts flowed to MobilCom from the successful sale by the trustee Prof. Helmut Thoma of the shares held by the founder and former head of MobilCom.
Oktobra leta 2003 so podjetju MobilCom pritekali dodatni izredni prihodki iz uspešne odsvojitve delnic MobilCom ustanovitelja in nekdanjega vodje družbe podjetja MobilCom, ki jih je odsvojil upravitelj premoženja, prof. Helmut Thoma.
The MobilCom group returned to profit in both the mobile telephony/service provider and landline/Internet businesses.
Koncern MobilCom se je na obeh področjih poslovanja mobilna telefonija/ponujanje storitev in fiksno omrežje/internet vrnil v cono dobička.
In the service provider sector, MobilCom achieved a positive result in the second and third quarters of 2003, recording a profit for the first time in eleven quarters.
Na področju ponujanja storitev je doseglo podjetje MobilCom v drugem in tretjem četrtletju leta 2003 pozitiven izid in prvič po enajstih četrtletjih ponovno beležilo dobičke.
Its EBITDA (earnings before interest, taxes, depreciation and amortisation) rose to EUR 103,6 million in the financial year 2003 in both the mobile telephony/service provider and landline/Internet sectors combined on a turnover of EUR 1,837 billion. EBIT (earnings before interest and taxes) rose to EUR 22,3 million (compared with EUR - 372,9 million in 2002).
EBITDA (izid pred davki, obrestmi, amortizacijo in odpisi) se je v poslovnem letu 2003 na obeh področjih poslovanja, mobilna telefonija/ponujanje storitev in fiksno omrežje/internet povzpel ob prometu 1,837 milijarde EUR, nabranem na 103,6 milijona EUR. EBIT (poslovni izid) se je izboljšal na 22,3 milijona EUR (v primerjavi z 2002: - 372,9 milijona EUR).
The trend of the service provider segment during the restructuring phase was as follows:
Segmenta ponujanja storitev se je med fazo prestrukturiranja razvijal kot sledi:
Results
Izid
Turnover (EUR million)
Promet v milijonih EUR
EBITDA (EUR million)
EBITDA v milijonih EUR
EBITDA to turnover
EBITDA od prometa
EBIT (EUR million)
EBIT v milijonih EUR
EBIT to turnover
EBIT od prometa
Mobile telephony customers (million)
Stranke mobilne telefonije v milijonih
of which subscribers (million)
od tega pogodbene stranke v milijonih
of which pre‐paid customers (million)
od tega predplačniške stranke v milijonih
Gross new customers (million)
Bruto novih strank v milijonih