natgillin/translations-raw huggingface dataset:
According to the latest forecasts by IDC (International Data Corporation) for the years 2003 to 2007, the European market for servers should grow in volume by 44 % and that for medium and high-end servers by 39 %.
Glede na zadnje napovedi IDC (International Data Corporation) med letoma 2003 in 2007 naj bi se obseg evropskega trga strežnikov povečal za 44 %, obseg trga za srednje in visoko zmogljive strežnike pa za 39 %.
The market for servers based on Intel 64-bit components, which is a major growth area for Bull, should enjoy considerable expansion.
Trg strežnikov s 64-bitnimi komponentami Intel, ki je glavna os razvoja skupine Bull, bi moral doživeti precejšen razmah.
It is estimated that it should be worth USD 2,4 billion in 2007, accounting for 16 % of the servers market (compared with less than 1 % in 2003).
Trg naj bi bil namreč leta 2007 vreden skoraj 2,4 milijarde ameriških dolarjev, kar bi predstavljalo 16 % trga strežnikov (v primerjavi z manj kot 1 % leta 2003).
Thus, IDC, in a study dating from December 2002, foresees in western Europe an increase of 30 % in corporate expenditure on services and of almost 20 % on servers between now and 2006.
Tako IDC v raziskavi, izvedeni decembra 2002, v zahodni Evropi predvideva 30-odstotno povečanje izdatkov podjetij za storitve in skoraj 20-odstotno povečanje izdatkov za strežnike do leta 2006.
The more recent forecasts by Gartner (November 2003) concerning services in western Europe are for + 3 % in 2004 and an annual average growth rate of 6,2 % between 2002 and 2007.
Novejše napovedi Gartnerja (november 2003) za storitve v zahodni Evropi so +3 % leta 2004 in letna povprečna stopnja rasti 6,2 % med letoma 2002 in 2007.
In conclusion, conditions in the relevant markets are not such as to call in question the return to viability and they make possible an increase in the share of total sales and of the gross margin accounted for by services, as provided for in the restructuring plan.
Skratka, razmere na zadevnih trgih ne vzbujajo dvoma o obnovitvi sposobnosti preživetja ter omogočajo povečanje deleža storitev v skupni prodaji in bruto marže, kot je predvideno v načrtu prestrukturiranja.
Several studies confirm the growth projections in the niche markets targeted by Bull and the opportunities in the technologies chosen [14].
Več raziskav potrjuje napovedi rasti v ciljnih tržnih nišah skupine Bull in priložnosti v izbranih tehnologijah [14].
Viability in the medium and long term
Srednje- in dolgoročna sposobnost preživetja
The large GCOS servers installed in current customers’ businesses are an important cash cow.
Park velikih strežnikov, „GCOS“, pri trenutnih strankah predstavlja pomembno „molzno kravo“.
However, after […] (*), the replacement for the GCOS servers will be almost ready and Bull will have to face up to its competitors and fulfil its ambitions, even if they are modest, under other conditions.
Vendar pa bo po […]* zamenjava GCOS večinoma zaključena in Bull se bo moral soočiti s svojimi konkurenti ter uresničiti svoje ambicije, čeprav skromne, v drugih razmerah.
Against this background, the Commission has noted, in particular, what follows in recitals 47 to 54.
V tem okviru je Komisija zabeležila zlasti to, kar sledi v uvodnih izjavah 47 do 54.
In opting for Intel 64-bit architecture-based solutions, open source software and the benefits of component standardisation (commoditisation), it would appear that Bull is plotting the right technological course, corresponding as it does to market developments and customer needs.
Z odločitvijo za rešitve na podlagi 64-bitne arhitekture Intel, za „odprtokodno“ programsko opremo in za koristi standardizacije komponent („commoditisation“) se zdi, da je Bull ubral pravo tehnološko pot, ki ustreza razvoju na trgu in potrebam njegovih strank.
These developments are going to increase the intensity of competition in the markets for servers and in the markets for services, but thanks to its size Bull is capable of investing not inconsiderable amounts in R & D and of offering a broader and more coherent range than start-ups and more specialised small firms.
Ta razvoj bo povečal intenzivnost konkurence na trgih strežnikov in trgih storitev, vendar je Bull, zaradi svoje velikosti, sposoben vložiti nezanemarljive zneske v raziskave in razvoj ter ponuditi širšo in skladnejšo izbiro izdelkov kot podjetja v začetni fazi poslovanja in bolj specializirana majhna podjetja.
Its size may also provide it with a degree of dependability in the eyes of customers who attach strategic importance to their choice of server supplier.
Velikost mu lahko prinese tudi določeno zaupanje strank, ki pripisujejo strateški pomen izbiri svojega dobavitelja strežnikov.
The giants such as IBM, HP and Dell, on the other hand, specialise more in large-series products whose scope of application is wider and where customers do not have the same need for ‘tailor-made’ products.
Po drugi strani so velikani, kot so IBM, HP in Dell, specializirani bolj za izdelke velikih serij, katerih področje uporabe je širše in kjer stranke nimajo enake potrebe po izdelkih „po meri“.
The plan targets those sectors where customers are the most faithful: the public sector, defence and security, and telecommunications operators.
Načrt meri na sektorje, kjer so stranke najzvestejše: javni sektor, obramba in varnost ter telekomunikacijski operaterji.
Bull has no ambitions beyond that of being a niche player.
Ambicije skupine Bull ne segajo prek ambicij „osvajalca tržne niše“.
The market introduction of the new NovaScale range of servers, which is designed to replace the GCOS systems, has been viewed favourably by independent experts [15].
Uvedbo nove serije strežnikov NovaScale na trg, ki naj bi nadomestili sisteme GCOS, so neodvisni strokovnjaki ocenili pozitivno [15].
Bull has achieved substantial reference sales and this product line is said to differ from competing products in terms of cost, reliability, ease of use and size adaptability.
Bull je tu izvedel pomembne referenčne prodaje in ta družina izdelkov naj bi se razlikovala od konkurenčnih izdelkov v smislu stroškov, zanesljivosti, enostavnosti uporabe in prilagodljivosti velikosti.
Bull's restructuring is enabling it to re-establish consistency between its know-how, its offerings, its organisation and its short-term objectives.
Prestrukturiranje skupini Bull omogoča, da ponovno vzpostavi skladnost med svojim znanjem in izkušnjami, svojo ponudbo, organizacijo in kratkoročnimi cilji.
A major cause of the company's difficulties was precisely the lack of such consistency.
Pomemben vzrok za težave podjetja je bil prav odsotnost take skladnosti.
The rejuvenation of its staff, which was largely completed in 2002, and the substantial range of strategic partnerships should provide a technological springboard for the future.
Pomladitev osebja podjetja, ki je bila večinoma izvedena leta 2002, in precejšnje število strateških partnerstev bi morala zagotoviti prihodnje tehnološke adute.
The role planned for the new family of servers based on Intel processors, and in particular the 64-bit processor, is very important: in 2007, turnover should attain […] (*) % of total sales, with a gross margin of […] (*) %.
Vloga, predvidena za novo družino strežnikov na podlagi procesorjev Intel, zlasti 64-bitnega procesorja, je zelo pomembna: leta 2007 bi moral promet doseči […]* % skupne prodaje z bruto maržo […]* %.
As a ‘proprietary’ technology is no longer involved, it is logical that this margin should not attain the level of the margins on the old servers, the GCOS servers.
Ker ne gre več za „zaščiteno“ tehnologijo, je razumljivo, da ta marža ne dosega več marž starih strežnikov, tj. strežnikov GCOS.
Although 64-bit servers make it possible to support more complex and broad systems, they are naturally more expensive than ‘standard’ 32-bit servers.
64-bitni strežniki omogočajo podporo zahtevnejših in večjih sistemov, vendar so seveda dražji kot „standardni“ 32-bitni strežniki.
Bull will try to gain its customers’ trust through the technical quality of its 64-bit servers, adding its services offering, the specialised competences of which are recognised, to those products.
Bull bo poskušal pridobiti zaupanje svojih strank s tehnično kakovostjo svojih 64-bitnih strežnikov, pri čemer bo tem izdelkom dodal svojo ponudbo storitev, kjer je njegova specializiranost priznana.
It will establish cooperation between its own teams and those of its customers.
Vzpostavil bo sodelovanje med svojimi ekipami in ekipami strank.
The Commission acknowledges that this strategy is consistent with Bull's concentration on certain sectors.
Komisija priznava, da je ta strategija skladna z osredotočenjem skupine Bull na določene sektorje.
In the services segment, mention should be made of a few conclusions of the abovementioned Forrester report [16].
Kar zadeva segment storitev, je treba omeniti nekatere ugotovitve že navedenega Forresterjevega poročila [16].
Concerning open source services, Bull's expertise is considered superior to that of other global generalists such as IBM.
Kar zadeva storitve „odprte kode“, strokovno znanje in izkušnje skupine Bull presegajo strokovno znanje in izkušnje svetovnih nespecializiranih podjetij, kot je IBM.
Among global generalists and those of medium size, Bull is alone in offering full technological coverage.
Med svetovnimi in srednje velikimi nespecializiranimi podjetji je Bull edini, ki zagotavlja celotno tehnološko pokrivanje.
The report mentions only one small open source specialist offering the same coverage.
Poročilo navaja samo eno majhno specializirano podjetje „odprte kode“, ki zagotavlja isto pokrivanje.
The recapitalisation plan involves no new industrial partner apart from the operators who are already present, i.e. France Télécom and NEC.
Načrt dokapitalizacije ne vključuje nobenega novega industrijskega partnerja poleg že prisotnih akterjev, tj. France Télécom in NEC.
However, the participation of Debeka, an insurance company, backs up the strategy of focusing on a limited number of sectors.
Vendar pa sodelovanje zavarovalnega podjetja Debeka podpira strategijo osredotočenosti na omejeno število sektorjev.
In addition, Bull has entered into a number of partnerships and has embarked upon several projects for developing technologies that are key to future activities.
Poleg tega je skupina Bull sklenila več partnerstev in je vključena v več načrtov za razvoj ključnih tehnologij za prihodnje dejavnosti.
Lastly, by way of example, mention should be made of the signature of an initial original equipment manufacturer contract with Kraftway, the leading Russian producer of Intel-based servers.
Nazadnje je kot primer treba navesti podpis prve pogodbe „Original Equipment Manufacturer“ s podjetjem Kraftway, vodilnim ruskim izdelovalcem strežnikov na podlagi tehnologije Intel.
Another agreement concerns the distribution of servers in China.
Drug sporazum se nanaša na distribucijo strežnikov na Kitajskem.
In conclusion, the Commission considers that the restructuring plan enables Bull to position itself satisfactorily.
Skratka, Komisija meni, da načrt prestrukturiranja skupini Bull omogoča zadovoljivo umestitev.
Notwithstanding the technological and commercial risks inherent in the relevant markets, the Commission considers that the return to viability is sufficiently guaranteed.
Ne glede na tehnološka in poslovna tveganja, ki so sestavni del zadevnih trgov, Komisija meni, da je obnovitev sposobnosti preživetja dovolj zagotovljena.
Avoidance of undue distortions of competition (points 35 to 39 of the guidelines)
Preprečevanje nedovoljenega izkrivljanja konkurence (točke 35 do 39 smernic)
In order for it to be authorised by the Commission, restructuring aid must fulfil a second condition, namely that measures must be taken to mitigate as far as possible any adverse effects of the aid on competitors.
Da bi Komisija dovolila pomoč za prestrukturiranje, mora ta izpolnjevati še drug pogoj, ki zahteva, da je treba sprejeti ukrepe, ki bodo čim bolj omilili morebitne škodljive učinke pomoči na konkurente.
As was pointed out by France, Bull's market shares in the area of services and in that of servers are very small.
Kot je poudarila Francija, so tržni deleži skupine Bull na področju storitev in na področju strežnikov zelo majhni.
In the area of servers, the relevant geographic market must be considered to be worldwide or at least Europe-wide.
Na področju strežnikov je zadevni geografski trg treba šteti kot svetovni ali vsaj evropski.
In 2002, in the whole servers market in the Community of Fifteen, Bull held a market share of the order of 3 %.
Leta 2002 je bil tržni delež skupine Bull na celotnem trgu strežnikov v Skupnosti petnajsterice 3 %.
In the segment of medium and high-end servers, Bull had retained a position evaluated at approximately 5 %, far behind its main competitors IBM (40 %), HP-Compaq (24 %), Sun (17 %) and Fujitsu (9 %).
V segmentu srednjih in visoko zmogljivih strežnikov je Bull ohranil položaj, ocenjen na približno 5 %, daleč za glavnimi konkurenti, ki so IBM (40 %), HP-Compaq (24 %), Sun (17 %) in Fujitsu (9 %).
In the high-end segment, the market share will be higher.
V visoko zmogljivem segmentu bo tržni delež višji.
Bull wishes to position itself as European leader in Intel 64-bit architecture-based solutions and open source software in target markets.
Bull namreč želi doseči položaj vodilnega evropskega podjetja za rešitve na podlagi 64-bitne arhitekture Intel in „odprtokodne“ programske opreme na ciljnih trgih.
The market for Intel 64-bit architecture-based servers is estimated at nearly USD 2,4 billion in 2007, which would account for 16 % of the servers market (compared with less than 1 % in 2003).
Trg strežnikov s 64-bitno arhitekturo Intel naj bi bil leta 2007 vreden skoraj 2,4 milijarde ameriških dolarjev, kar bi zajemalo 16 % trga strežnikov (v primerjavi z manj kot 1 % leta 2003).
In the area of services, there is evidence to suggest that the relevant geographic market must be considered to be Europe-wide, although the existence of regional or national markets cannot be ruled out.
Na področju storitev obstajajo znaki, na podlagi katerih je treba zadevni geografski trg šteti kot evropski, čeprav obstoja regionalnih ali nacionalnih trgov ni mogoče izključiti.
In the services market of the Community of Fifteen, Bull held in 2002 a market share of approximately 0,4 %, and since 2002 Bull has refocused itself even more on infrastructure services and its other specificities, experiencing strong reductions in its turnover in services.
Na trgu storitev v Skupnosti petnajsterice je bil tržni delež skupine Bull leta 2002 okoli 0,4 %, od leta 2002 pa se je Bull še bolj osredotočil na infrastrukturne storitve in svoje druge posebnosti, zaradi česar se je močno zmanjšala njegova prodaja na področju storitev.
In a study dated September 2003, published by the Gartner Institute, Bull does not number among the first 10 competitors in the world market for IT services and in 2002 it occupied only 22nd place in the European market.
V raziskavi iz septembra 2003, ki jo je objavil Inštitut Gartner, se Bull ne uvršča več med prvih deset konkurentov na svetovnem trgu informacijskih storitev in je leta 2002 na evropskem trgu šele na dvaindvajsetem mestu.
That market is, moreover, highly competitive, a circumstance which made possible, by way of illustration, the authorisation by the Commission of the merger operations concerning several competitors of Bull (HP — Compaq [17], Cap Gemini — Transiciel [18], ATOS Origin — SEMA [19]) on the ground that these mergers would not affect competition in the markets for IT services.
Ta trg je poleg tega zelo konkurenčen, kar je, za ponazoritev, omogočilo, da je Komisija odobrila združitve več konkurentov skupine Bull (HP – Compaq [17], Cap Gemini – Transiciel [18], ATOS Origin – SEMA [19] z utemeljitvijo, da te združitve ne bodo vplivale na konkurenčne pogoje na trgih informacijskih storitev.
Clearly, the company's presence is stronger in certain geographic areas, notably France.
Seveda je prisotnost podjetja pomembnejša na nekaterih geografskih območjih, zlasti v Franciji.
But the competition remains strong, including at the level of these geographic areas.
Toda konkurenca ostaja močna, tudi na ravni teh geografskih območij.
In some segments of the servers market in Europe, Bull's continued existence is quite likely to stimulate competition in the market, especially in those segments where IBM's position is preponderant.
V nekaterih segmentih trga strežnikov v Evropi bo zagotovitev nadaljnjega obstoja skupine Bull verjetno spodbudila konkurenco na trgu, zlasti v segmentih, kjer prevladuje IBM.
In the segment of high transactional intensity systems, for example, Bull's offerings seem to be the only alternative to IBM for all customers who cannot easily migrate to the solutions proposed by Sun, HP or Wintel (banks, insurance companies, social services, social security organisations, etc.).
V segmentu sistemov z visoko transakcijsko intenzivnostjo je, na primer, ponudba skupine Bull videti edina alternativa IBM-u za vse stranke, ki ne morejo enostavno preiti na rešitve podjetij Sun, HP ali Wintel (banke, zavarovalnice, socialne organizacije, socialne uprave itd.).
The Commission also takes account of the fact that Bull's strategy is geared towards open source.
Komisija upošteva tudi dejstvo, da je strategija skupine Bull usmerjena v „odprto kodo“.
The majority of competitors are, moreover, at the same time partners in several development projects.
Poleg tega je večina konkurentov hkrati tudi partnerjev v več razvojnih projektih.
No competitor spoke of distortions of competition when the procedure was opened.
Ob uvedbi postopka noben konkurent ni izrekel pomislekov glede izkrivljanja konkurence.
No external growth operation is planned, apart from the acquisition of ‘grey matter’, which is common practice in the sector.
Predvidena ni nikakršna zunanja rast, razen pridobitve „sivih celic“, kar pa je pogosta praksa v sektorju.
Bull considers that any major purchase would fly in the face of the restructuring plan's strategy and would pose problems of integration.
Bull meni, da je vsak večji nakup v nasprotju s strategijo načrta prestrukturiranja in bi povzročil težave z integracijo.
Bull has sold substantial assets.
Bull je prodal precejšnja sredstva.
In the products segment, it has sold all of its businesses involving automated teller machines, payment terminals and smart cards and a large part of its businesses involving middleware software.
V segmentu izdelkov je Bull prodal vse svoje posle v zvezi z bančnimi avtomati, plačilnimi terminali, pametnimi karticami in dober del vmesne programske opreme.
In the services market, it has disposed of most of its commercial network outside of France and Italy by selling its Integris division to Steria.
Na trgu storitev je Bull prodal večji del svoje komercialne mreže zunaj Francije in Italije s prodajo svojega oddelka Integris podjetju Steria.
The restructuring plan provides for a refocusing on core activities.
Načrt prestrukturiranja predvideva osredotočenje na osnovne dejavnosti.
This also limits the aid's negative impact on competition between Member States.
To tudi omeji negativen učinek pomoči na konkurenco med državami članicami.
In this context, it is important that this strategy, which is provided for in the restructuring plan, is actually implemented.
V tem okviru je pomembno, da se strategija, predvidena v načrtu prestrukturiranja, dejansko izvaja.
In the light of the above, the Commission considers that undue distortions of competition are avoided.
Glede na zgoraj navedeno Komisija meni, da je nedovoljeno izkrivljanje konkurence preprečeno.
Bull's position in the relevant markets, combined with compliance with the restructuring plan and the refocusing carried out, does not render any further quid pro quos necessary.
Položaj skupine Bull na zadevnih trgih v povezavi z upoštevanjem načrta prestrukturiranja in izvedenim novim osredotočenjem ne zahteva kaj dodatnega v zamenjavo.
Aid limited to the minimum (points 40 and 41 of the guidelines)
Pomoč, omejena na minimum (točki 40 in 41 smernic)
In order for the aid to be authorised, a third condition must be fulfilled, i.e. the amount and intensity of the aid must be limited to the strict minimum needed to enable restructuring to be undertaken in the light of the existing financial resources of the company, its shareholders or the business group to which it belongs.
Da bi bila pomoč lahko odobrena, mora biti izpolnjen še tretji pogoj, ki zahteva, da je treba znesek in intenzivnost pomoči omejiti na strogi minimum, ki bo še omogočil prestrukturiranje glede na obstoječe finančne vire podjetja, delničarjev ali skupine, kateri pripada.
Aid recipients must make a significant contribution to the restructuring plan from their own resources.
Upravičenci pomoči morajo znatno prispevati k načrtu prestrukturiranja s črpanjem iz lastnih virov.
In any event, it must be demonstrated to the Commission that the aid will be used only for the purpose of restoring the firm's viability and that it will not enable the recipient during the implementation of the restructuring plan to expand production capacity.
V vsakem primeru je treba Komisiji dokazati, da bo pomoč uporabljena le za obnavljanje sposobnosti preživetja podjetja in da prejemniku v času izvajanja načrta prestrukturiranja ne bo omogočala širitve proizvodnih zmogljivosti.
The contribution from the recipient and its shareholders is substantial.
Prispevek upravičenca in njegovih delničarjev je znaten.
Since 31 December 2001, Bull has contributed EUR 160 million to the restructuring from the sale of non-core business assets in 2002 and during the first half of 2003.
Od 31. decembra 2001 je Bull k prestrukturiranju prispeval 160 milijonov EUR od prodaje sredstev „netemeljnih poslovnih dejavnosti“ v letu 2002 in prvi polovici leta 2003.
In addition, it had reserved for restructuring measures EUR 94 million out of its free cash available on 31 December 2001 [20].
Poleg tega je za ukrepe prestrukturiranja rezerviral 94 milijonov EUR iz svojih likvidnih sredstev, ki so bila na voljo 31. decembra 2001 [20].
The Commission can also take into account the capital contributed at the time of exercise of share warrants to the tune of EUR 17 million, since former convertible bond holders were not obliged to choose this option.
Komisija lahko upošteva tudi kapital, ki ga je prinesla uveljavitev pravice do nakupa delnic v višini 17 milijonov EUR, saj bivši imetniki zamenljivih obveznic te možnosti niso bili dolžni izbrati.
The solvency and liquidity ratios, after payment of the aid and viewing the aid as a debt, are at levels comparable to those of competitors.
Razmerja solventnosti in likvidnosti po izplačilu pomoči in ob upoštevanju pomoči kot dolga so na ravneh, ki so primerljive z ravnmi konkurentov.
The restoration of financial health will make it possible above all to obtain bank guarantees for current activities.
Finančno okrevanje bo predvsem omogočilo pridobitev bančnih jamstev za tekoče dejavnosti.
Bull is to continue to have recourse to external short-term financing based on the securitisation of its assets to the tune of EUR […] (*) — […] (*) million. In view of the risks inherent in the markets and Bull's niche player strategy, it is unlikely that financial institutions will be prepared to grant fresh credit lines for aggressive activities not linked to the restructuring process.
Dejansko je predvideno, da se Bull še naprej zateka k zunanjemu kratkoročnemu financiranju na podlagi zamenjave svojih zadolžnic v višini od […]* do […]* milijonov EUR. Ob upoštevanju tveganj, ki so sestavni del trgov, in strategije „osvajalca tržne niše“, se zdi malo verjetno, da bodo finančne ustanove pripravljene odobriti nove kreditne linije za agresivne dejavnosti, ki ne bi bile povezane s prestrukturiranjem.
According to the French authorities, had there been less aid on the table the other partners would not have agreed to invest and convertible bond holders would not have agreed to exchange their claims for new securities.
Kot navajajo francoske oblasti, se v primeru manjše pomoči drugi partnerji ne bi odločili za vlaganje in imetniki zamenljivih obveznic ne bi sprejeli zamenjave svojih terjatev za nove vrednostne papirje.