natgillin/translations-raw huggingface dataset:
This has to be done on the basis of realistic assumptions as to future operating conditions.
To je treba opraviti na podlagi realističnih predvidevanj glede prihodnjih pogojev poslovanja.
The expected return on capital must be enough to enable the restructured firm to compete in the marketplace on its own merits.
Pričakovana donosnost kapitala mora zadostovati, da lahko prestrukturirano podjetje samostojno tekmuje na trgu.
In the opening decision, the Commission raised doubts as to whether the planned restructuring was sufficient in order for Techmatrans to achieve viability and pointed out that the restructuring plan needed to be updated and completed.
V odločitvi o sprožitvi postopka je Komisija imela pomisleke, ali predvideno prestrukturiranje zadostuje, da Techmatrans doseže dolgoročno sposobnost preživetja, in poudarila, da je treba načrt za prestrukturiranje posodobiti in dopolniti.
With the additional information submitted following the decision to initiate the formal investigation procedure, the Polish authorities have allayed these doubts as regards restoration of viability.
V dodatnih informacijah, predloženih po odločitvi o sprožitvi formalnega postopka preiskave, so poljski organi pomirili te pomisleke o ponovni vzpostavitvi sposobnosti preživetja.
Firstly, the poor results generated by Techmatrans in 2006 have been duly explained.
Prvič, slabi rezultati, ki jih je ustvaril Techmatrans v letu 2006, so bili ustrezno utemeljeni.
As the notified capital injection had to be postponed, the company, faced with liquidity problems, started to require advance payments from its clients amounting to 40 % of the value of orders.
Ker je bilo treba priglašeno dokapitalizacijo odložiti, je podjetje, ki se je srečevalo z likvidnostnimi težavami, začelo od svojih strank zahtevati predplačila, ki so znašala do 40 % vrednosti naročil.
As a result, a considerable number of orders was lost.
Zato je izgubilo precejšnje število naročil.
Once the company had managed to improve its liquidity in the second half of 2006, its results improved significantly.
Ko je podjetju v drugi polovici leta 2006 uspelo izboljšati svojo likvidnost, so se njegovi rezultati bistveno izboljšali.
The restructuring plan has been updated accordingly, taking into account the results recorded by Techmatrans in 2006.
Načrt za prestrukturiranje je bil ustrezno dopolnjen ob upoštevanju rezultatov, ki jih je Techmatrans dosegel leta 2006.
Secondly, as regards the Commission's concerns with respect to the low level of the expected profit margin of 3 % at the end of the restructuring period in 2010, the Polish authorities explained that such a level of expected profit margin corresponds to the situation in the sector, where margins oscillate between 2 % and 4 %.
Drugič, kar zadeva pomisleke Komisije o nizki ravni pričakovane stopnje dobička, ki znaša 3 % ob koncu obdobja prestrukturiranja leta 2010, so poljski organi pojasnili, da taka raven pričakovane stopnje dobička ustreza razmeram v sektorju, v katerem se stopnje gibljejo med 2 % in 4 %.
Examples of private companies active in the same sector and generating similar profit margins have been presented, including one company listed on the Polish stock exchange.
Predstavljeni so bili primeri zasebnih podjetij, ki delujejo v istem sektorju in ustvarjajo podobne stopnje dobička, vključno s primerom podjetja, katerega delnice kotirajo na poljski borzi.
A more detailed analysis of the situation in the market segment in which Techmatrans is active confirmed that a relatively low profit margin is typical for companies producing and providing services for the automotive industry, as the margins are squeezed by clients with a strong negotiating position.
Podrobnejša analiza razmer v tržnem segmentu, v katerem deluje Techmatrans, je potrdila, da je relativno nizka stopnja dobička značilna za podjetja, ki proizvajajo in zagotavljajo storitve za avtomobilsko industrijo, saj na marže pritiskajo stranke, ki imajo močno pogajalsko izhodišče.
Therefore the projected level of return is justified.
Zato je načrtovana raven donosa utemeljena.
The restructuring activities consist mainly of new investments which should allow the company to exploit its potential in the long run (and which, in the short-term, by increasing depreciation, have a negative impact on the net result).
Dejavnosti prestrukturiranja vključujejo predvsem nove naložbe, ki bi morale podjetju omogočiti, da dolgoročno izkoristi svoje možnosti (ki pa imajo kratkoročno zaradi povišanja amortizacije negativen učinek na čisti rezultat).
Significant restructuring measures, such as employment restructuring, partial assets restructuring and organisational restructuring have been already implemented.
Izvedeni so že bili pomembni ukrepi prestrukturiranja, kot je prestrukturiranje zaposlovanja, delno prestrukturiranje sredstev in organizacijsko prestrukturiranje.
Finally, the company has no significant debts to repay, and all the restructuring aid will be spent on improving productivity and competitiveness.
Podjetje tudi nima večjih dolgov in vsa pomoč za prestrukturiranje se bo porabila za izboljšanje produktivnosti in konkurenčnosti.
The mechanical engineering industry is an industry with predominantly small and medium sized companies, mainly because products are customised and sold in small batches.
V sektorju strojništva prevladujejo mala in srednje velika podjetja, predvsem ker so proizvodi prilagojeni strankam in se prodajajo v majhnih serijah.
Demand is cyclical which requires companies to flexibly adjust their capacities.
Povpraševanje je ciklično, zato morajo biti podjetja sposobna prilagajati svoje zmogljivosti.
In many cases products are know-how based and long-standing experience is necessary.
Proizvodi pogosto temeljijo na strokovnem znanju in potrebne so dolgoletne izkušnje.
Techmatrans seems to be a company which meets these requirements and the implementation of the investment program envisaged in the restructuring plan should ensure restoration of long-term viability.
Zdi se, da podjetje Techmatrans izpolnjuje vse te zahteve, in izvedba naložbenega programa, predvidenega v načrtu za prestrukturiranje, bi morala zagotoviti ponovno vzpostavitev dolgoročne sposobnosti preživetja.
Finally, the Polish authorities plan to privatise the company in 2009/2010 following the restructuring process.
Poleg tega poljski organi nameravajo po procesu prestrukturiranja podjetje privatizirati v letih 2009 in 2010.
This should additionally secure the position of the company in the long-term perspective.
To bi moralo dodatno zagotoviti dolgoročno stabilen položaj podjetja.
Market belief in the company has already been demonstrated in 2005 when two potential investors expressed their interest in acquiring it (the negotiations, however, did not lead to a successful privatisation at that time).
Zaupanje trga v podjetje je bilo izkazano že leta 2005, ko sta dva potencialna vlagatelja izrazila zanimanje za njegov nakup (vendar pa takrat pogajanja niso privedla do uspešne privatizacije).
Having analysed and verified the above explanations and the planned restructuring, in particular the investment programme, the Commission considers that, if this restructuring is implemented, Techmatrans should achieve viability in the long term.
Komisija je analizirala in preverila navedene obrazložitve in načrtovano prestrukturiranje, zlasti program naložb, ter ugotovila, da bi moralo podjetje, če se bo prestrukturiralo, dolgoročno doseči sposobnost preživetja.
On the basis of these elements, the Commission concludes that the implementation of the restructuring plan will lead to restoration of viability.
Na podlagi navedenega Komisija ugotavlja, da bo izvedba načrta za prestrukturiranje omogočila ponovno vzpostavitev sposobnosti preživetja podjetja.
Pursuant to points 43-45 of the Guidelines, the aid must be limited to the minimum necessary and the beneficiary is expected to make a significant contribution to the restructuring from its own resources or from external commercial financing.
V skladu s točkami od 43 do 45 smernic je treba pomoč omejiti na najnižji možni potrebni znesek, od upravičenca pa se pričakuje, da znatno prispeva k prestrukturiranju iz lastnih virov ali zunanjega financiranja po tržnih pogojih.
The Guidelines clearly indicate that a significant part of the financing of the restructuring must come from own resources, including the sale of assets not essential to the firm’s survival and from external financing at market rates.
V smernicah je jasno navedeno, da mora znaten del finančnih sredstev za prestrukturiranje izhajati iz lastnih virov, vključno s prodajo sredstev, ki niso bistvenega pomena za preživetje podjetja, in iz zunanjega financiranja po tržnih pogojih.
The own contribution to cover the restructuring costs of Techmatrans will come from asset sales: sale of real estate (PLN 2 million), stocks (PLN 0,1 million) and old cars and production machines (PLN 0,1 million).
Lastni prispevek za pokrivanje stroškov prestrukturiranja podjetja Techmatrans bo zagotovljen s prodajo sredstev: prodajo nepremičnin (2 milijona PLN), zalog (0,1 milijona PLN) ter starih vozil in proizvodnih strojev (0,1 milijona PLN).
In addition Techmatrans has secured a longer-term merchant credit of PLN 0,11 million.
Poleg tega si je podjetje Techmatrans zagotovilo blagovni kredit z daljšim rokom odplačila v višini 0,11 milijona PLN.
In addition Techmatrans has obtained receivables discounting.
Podjetje je pridobilo tudi diskontiranje denarnih terjatev.
The expected total of receivables to be discounted in 2007 amounts to PLN 3160000.
Pričakovani znesek diskontiranih denarnih terjatev v letu 2007 znaša 3160000 PLN.
This estimate is based on the agreements on receivables discounting already signed with banks and clients.
Ta ocena temelji na sporazumih o diskontiranju denarnih terjatev, ki so že podpisani z bankami in strankami.
Assuming that the expected shortening of the payment period would be similar to the effect achieved in 2006 (80 days), the financing achieved on this basis in 2007 should have an effect equivalent to the long-term financing of PLN 702000 (PLN 3160000 × 80 days/360 days).
Ob domnevi, da bi bilo pričakovano skrajšanje obdobja plačila podobno učinku, doseženem leta 2006 (80 dni), bi moralo imeti financiranje, doseženo na tej podlagi v letu 2007, enak učinek kot dolgoročno financiranje v višini 702000 PLN (3160000 PLN × 80 dni/360 dni).
As Techmatrans acquired this financing at market rates, while being in difficulties and before state aid was awarded, the Commission considers that it is justified to assume that similar financing will be available to the company for the whole period of restructuring and under financial conditions which are at least as good.
Ker je podjetje Techmatrans pridobilo to financiranje po tržnih pogojih, ko je bilo v težavah in preden je bila odobrena državna pomoč, Komisija meni, da lahko utemeljeno domneva, da bo podobno financiranje podjetju na voljo v celotnem obdobju prestrukturiranja in pod vsaj enako ugodnimi finančnimi pogoji.
Therefore the Commission considers that this financing can be accepted as an own contribution within the meaning of the Guidelines.
Zato Komisija meni, da se to financiranje lahko obravnava kot lastni prispevek v smislu smernic.
The restructuring costs according to the updated restructuring plan would amount to PLN 5,959 million (investments: PLN 5,359 million, repayment of rescue loan: PLN 0,6 million).
V skladu z dopolnjenim načrtom za prestrukturiranje bi stroški prestrukturiranja znašali 5,959 milijona PLN (naložbe: 5,359 milijona PLN, odplačilo posojila za reševanje: 0,6 milijona PLN).
The own contribution to financing should amount to PLN 3,012 million (revenue from the sale of assets: PLN 2,2 million, longer-term merchant credit: PLN 110000, receivables discounting: PLN 702000).
Lastni prispevek k financiranju bi moral znašati 3,012 milijona PLN (prihodki od prodaje sredstev: 2,2 milijona PLN, blagovni kredit z daljšim rokom odplačila: 110000 PLN, diskontiranje denarnih terjatev: 702000 PLN).
The own contribution of Techmatrans to the overall restructuring can be considered the maximum possible and equal to at least 50 % of restructuring costs which is in line with the Guidelines.
Lastni prispevek podjetja Techmatrans k celotnemu prestrukturiranju se lahko šteje za najvišji možni znesek, ki je enak najmanj 50 % stroškov prestrukturiranja, kar je v skladu s smernicami.
The Commission can therefore accept the level of the own contribution.
Komisija zato lahko sprejme stopnjo lastnega prispevka.
Avoiding undue distortions of competition
Preprečevanje neupravičenega izkrivljanja konkurence
This usually means limiting the company’s market share at the end of the restructuring period.
To običajno pomeni omejevanje tržnega deleža podjetja ob koncu obdobja prestrukturiranja.
The compulsory limitation or reduction of the company’s share of the relevant market represents a compensatory factor in favour of its competitors.
Obvezna omejitev ali zmanjšanje deleža podjetja na zadevnem trgu pomeni izravnalni ukrep v korist konkurentom.
It should be in proportion to the distortive effects of the aid and to the relative importance of the firm on its market or markets.
Biti mora sorazmeren z učinkom izkrivljanja pomoči in relativnim pomenom podjetja na njegovem trgu ali njegovih trgih.
According to point 56 of the Guidelines, the conditions for authorising aid are less stringent as regards necessary compensatory measures in assisted areas.
V skladu s točko 56 smernic so pogoji za odobritev pomoči manj strogi glede potrebnih izravnalnih ukrepov na območjih, ki so upravičena do pomoči.
When analysing the consequences of the restructuring aid on the market and on the competitors, the Commission has taken account of the fact that Techmatrans is located in an Article 87(3)(a) of the EC Treaty assisted area.
Pri analizi vpliva pomoči za prestrukturiranje na trg in konkurente je Komisija upoštevala dejstvo, da je podjetje Techmatrans na območju, ki je upravičeno do pomoči v skladu s členom 87(3)(a) Pogodbe ES.
As for compensatory measures, the doubts surrounding the economical rationality of the measures proposed raised by the Commission in the opening decision have been allayed.
Kar zadeva izravnalne ukrepe, so bili pomisleki Komisije o ekonomski upravičenosti predlaganih ukrepov, predstavljeni v odločitvi o sprožitvi postopka, pomirjeni.
Techmatrans plans to cease activities connected with the design and sale of technological transport steering systems because outsourcing in this field will be more rational than in others where the company is active.
Podjetje Techmatrans namerava prenehati dejavnosti, povezane s projektiranjem in prodajo nadzornih sistemov prometne tehnologije, saj bo oddajanje del na tem področju racionalnejše kot na drugih področjih, s katerimi se ukvarja podjetje.
Contrary to the company's other activities, subcontracting of this activity will not necessitate passing on to potential competitors the specialist knowledge inherent in the company's core activity.
V nasprotju z drugimi dejavnostmi podjetja oddajanje teh dejavnosti podizvajalcem ne bo pomenilo posredovanja strokovnega znanja, na katerem temelji glavna dejavnost podjetja, morebitnim konkurentom.
In addition, ceasing these activities will not require significant adjustments to be made within the company.
Poleg tega za prenehanje teh dejavnosti ne bodo potrebne večje prilagoditve znotraj podjetja.
The activity which Techmatrans plans to cease is profitable, and therefore the resignation is not motivated by viability concerns.
Dejavnost, ki jo podjetje Techmatrans namerava opustiti, je donosna, zato njena opustitev ne izhaja iz dvomov o sposobnosti preživetja.
In recent years this activity generated between 5 and 8,6 % of Techmatrans’ revenue.
V zadnjih letih je bilo s to dejavnostjo ustvarjenih od 5 do 8,6 % prihodkov podjetja Techmatrans.
The Commission notes that the market share of Techmatrans is low, that it is in terms of size an SME (while formally not qualifying as an SME because it is State owned) and that the amount of the planned aid is rather limited (EUR 0,7 million).
Komisija ugotavlja, da ima podjetje Techmatrans majhen tržni delež, ki po obsegu ustreza MSP (čeprav uradno ni opredeljeno kot MSP, ker je v državni lasti), in da je znesek načrtovane pomoči precej omejen (0,7 milijona EUR).
Therefore the distortion of competition that the compensatory measures aim to address is insignificant.
Zato je izkrivljanje konkurence, ki naj bi ga odpravili izravnalni ukrepi, zanemarljivo.
The Commission therefore considers the proposed compensatory measure to be sufficient.
Komisija zato meni, da je predlagani izravnalni ukrep zadosten.
The Commission concludes that the notified state aid in favour of Techmatrans for the implementation of the above-mentioned restructuring process can be deemed compatible with the common market,
Komisija sklepa, da se lahko priglašena državna pomoč za podjetje Techmatrans, namenjena za izvajanje navedenega procesa prestrukturiranja, šteje za združljivo s skupnim trgom –
The state aid which Poland is planning to implement according to the restructuring plan of Techmatrans, amounting to PLN 2800000, is compatible with the common market within the meaning of Article 87(3)(c) of the EC Treaty.
Državna pomoč v višini 2800000 PLN, ki jo Poljska načrtuje izvajati v skladu z načrtom za prestrukturiranje podjetja Techmatrans, je združljiva s skupnim trgom v smislu člena 87(3)(c) Pogodbe ES.
Implementation of the aforementioned aid of PLN 2800000 is accordingly authorised.
Izvajanje navedene pomoči v višini 2800000 PLN se zato odobri.
OJ C 77, 5.4.2007, p. 43.
UL C 77, 5.4.2007, str. 43.
According to Article 56(2) of the Act, 15 % of the yearly profits from privatisation and the accumulated interest is transferred to the Entrepreneurs’ Restructuring Fund.
V skladu s členom 56(2) Zakona se 15 % letnega dobička iz privatizacije in natečene obresti prenesejo v Sklad za prestrukturiranje podjetij.
The Fund’s assets are used for rescue and restructuring of firms in difficulty.
Sredstva Sklada se uporabijo za reševanje in prestrukturiranje podjetij v težavah.
According to Article 56(5) of the Act, the State Treasury increases the capital of ARP S.A. by an amount equal to 1/3 of the income of the Entrepreneurs’ Restructuring Fund for the purpose of supporting the rescue and restructuring of large companies in difficulty, including the ones to be privatised.
V skladu s členom 56(5) Zakona državna zakladnica poveča kapital ARP S.A. za znesek, ki je enak 1/3 prihodka Sklada za prestrukturiranje podjetij, da se podpre reševanje in prestrukturiranje velikih podjetij v težavah, vključno s tistimi, ki jih je treba privatizirati.
OJ C 244, 1.10.2004, p. 2.
UL C 244, 1.10.2004, str. 2
By letter dated 21 February 2007, the Commission informed Poland that it had decided to initiate the procedure laid down in Article 88(2) of the EC Treaty in respect of the aid for Techmatrans.
Z dopisom z dne 21. februarja 2007 je Komisija obvestila Poljsko, da se je odločila sprožiti postopek na podlagi člena 88(2) Pogodbe ES glede pomoči za Techmatrans.
The Polish authorities submitted an updated restructuring plan of Techmatrans.
Poljski organi so predložili posodobljen načrt za prestrukturiranje podjetja Techmatrans.
The financial projections have been corrected taking into account the results achieved by the company in 2006 and including repayment of the rescue loan.
V popravljeni finančni napovedi so upoštevani rezultati, ki jih je podjetje doseglo v letu 2006, vključeno je tudi odplačilo posojila za reševanje.
Pursuant to points 38-42 of the Guidelines, action must be taken to mitigate as far as possible any adverse effects of the aid on competitors.
V skladu s točkami od 38 do 42 smernic je treba sprejeti ukrepe, da se čim bolj ublažijo vsakršni škodljivi učinki pomoči na konkurenco.
The aid must not unduly distort competition.
Pomoč ne sme neupravičeno izkrivljati konkurence.
By letter dated 21 August 2006, Poland notified the Commission of the planned restructuring aid for Techmatrans.
Z dopisom z dne 21. avgusta 2006 je Poljska Komisijo obvestila o načrtovani pomoči za prestrukturiranje za Techmatrans.
Poland provided the Commission with further information by letter dated 14 December 2006.
Z dopisom z dne 14. decembra 2006 je Poljska Komisiji predložila nadaljnje informacije.
The exemptions in Article 87(2) of the EC Treaty do not apply to the present case.
Izjeme iz člena 87(2) Pogodbe ES v tem primeru ne veljajo.
As to the exemptions under Article 87(3) of the EC Treaty, since the primary objective of the aid concerns the restoration of the long-term viability of an undertaking in difficulty, only the exemption of Article 87(3)(c) of the EC Treaty, which authorises state aid granted to promote the development of certain economic activities where such aid does not adversely affect trading conditions to an extent contrary to the common interest, can be applied.
Kar zadeva izjeme v skladu s členom 87(3) Pogodbe ES, se glede na to, da je glavni cilj pomoči ponovna vzpostavitev dolgoročne sposobnosti preživetja podjetja v težavah, lahko uporabi le izjema iz člena 87(3)(c) Pogodbe ES, ki določa odobritev državne pomoči za pospeševanje razvoja nekaterih gospodarskih dejavnosti, kadar takšna pomoč ne vpliva škodljivo na trgovinske pogoje v obsegu, ki bi bil v nasprotju s skupnimi interesi.
on the conclusion of the Agreement between the European Community and the Kingdom of Morocco on certain aspects of air services
o sklenitvi Sporazuma med Evropsko skupnostjo in Kraljevino Maroko o nekaterih vidikih zračnih prevozov
Having regard to the Treaty establishing the European Community, and in particular Article 80(2), in conjunction with the first sentence of the first subparagraph of Article 300(2), and the first subparagraph of Article 300(3),
ob upoštevanju Pogodbe o ustanovitvi Evropske skupnosti in zlasti člena 80(2) v povezavi s prvim stavkom prvega pododstavka člena 300(2) in prvim pododstavkom člena 300(3) Pogodbe,
On 5 June 2003, the Council authorised the Commission to open negotiations with third countries on the replacement of certain provisions in existing bilateral agreements with a Community Agreement.
Svet je 5. junija 2003 pooblastil Komisijo, da začne pogajanja s tretjimi državami o nadomestitvi nekaterih določb v obstoječih dvostranskih sporazumih s sporazumom Skupnosti.
The Commission has negotiated, on behalf of the Community, an Agreement with the Kingdom of Morocco on certain aspects of air services (the Agreement) in accordance with the mechanisms and directives in the Annex to the Council Decision authorising the Commission to open negotiations with third countries on the replacement of certain provisions in existing bilateral agreements with a Community Agreement.
Komisija je v imenu Skupnosti izpogajala Sporazum s Kraljevino Maroko o nekaterih vidikih zračnih prevozov (v nadaljnjem besedilu „Sporazum“) v skladu z mehanizmi in direktivami iz Priloge k Sklepu Sveta, ki pooblašča Komisijo, da začne pogajanja s tretjimi državami o nadomestitvi nekaterih določb v obstoječih dvostranskih sporazumih s sporazumom Skupnosti.
The Agreement was signed on behalf of the European Community subject to its possible conclusion at a later date, in conformity with Council Decision 2006/953/EC [2].
Sporazum je bil v imenu Evropske skupnosti v skladu s Sklepom Sveta 2006/953/ES [2] podpisan s pridržkom njegove morebitne kasnejše sklenitve.
The Agreement between the European Community and the Kingdom of Morocco on certain aspects of air services is hereby approved on behalf of the Community.
Sporazum med Evropsko skupnostjo in Kraljevino Maroko o nekaterih vidikih zračnih prevozov se odobri v imenu Skupnosti.
The President of the Council is authorised to designate the person empowered to make the notification provided for in Article 8(1) of the Agreement.
Predsednik Sveta je pooblaščen, da imenuje osebo, ki je pooblaščena, da pošlje uradno obvestilo iz člena 8(1) Sporazuma.
Opinion of 16.5.2006 (not yet published in the Official Journal).
Mnenje z dne 16. maja 2006 (še ni objavljeno v Uradnem listu).
OJ L 386, 29.12.2006, p. 17.
UL L 386, 29.12.2006, str. 17.