natgillin/translations-raw huggingface dataset:
There is a very specific demand for high-purity cobalt — defined by its precise chemical composition and low impurity levels — used for the production of super alloys used in critical applications.
Obstaja zelo posebno povpraševanje po kobaltu visoke čistosti – opredeljenem s svojo natančno kemično sestavo in nizkimi ravnmi nečistoče – ki se uporablja pri proizvodnji super zlitin, uporabljenih pri pomembnih delih.
Producers of super alloys used in critical applications cannot substitute any other cobalt product with a lower quality and/or different chemical composition.
Proizvajalci super zlitin, ki se uporabljajo pri pomembnih delih, ne morejo nadomestiti nobenega drugega proizvoda iz kobalta s sestavo nižje kakovosti in/ali drugačno kemično sestavo.
The relevant geographic markets
Upoštevani geografski trgi
The market investigation confirmed that relevant geographic markets are the following:
Preučitev trga je potrdila, da so upoštevani geografski trgi naslednji:
the market for the supply of nickel products to the plating and electroforming industry has a regional geographic dimension (EEA wide);
Trg za dobavo proizvodov iz niklja industriji površinske obdelave in elektrolitskega nanašanja kovinskih prevlek ima regionalno geografsko razsežnost (v okviru EGP).
the market for the supply of high-purity nickel for the production of super alloys/super alloys used in safety-critical parts has a worldwide geographic dimension;
Trg za dobavo niklja visoke čistosti za proizvodnjo super zlitin/super zlitin, ki se uporabljajo za izdelavo delov, pomembnih za varnost, ima svetovno geografsko razsežnost.
the market for the supply of high-purity cobalt for the production of super alloys used in safety critical parts has a worldwide geographic dimension.
Trg za dobavo kobalta visoke čistosti za proizvodnjo super zlitin, ki se uporabljajo za izdelavo delov, pomembnih za varnost, ima svetovno geografsko razsežnost.
Affected markets
Prizadeti trgi
Supply of nickel to the plating and electroforming industry
Dobava niklja za industrijo površinske obdelave in elektrolitskega nanašanja kovinskih prevlek
After the transaction, New Inco will become by far the largest supplier of nickel products to the plating and electroforming industry, with a combined EEA-wide market share of 70 % to 80 % and sales more than five times as high as its closest competitor [2].
Po transakciji bo New Inco postal daleč največji dobavitelj proizvodov iz niklja za industrijo površinske obdelave in elektrolitskega nanašanja kovinskih prevlek s skupnim tržnim deležem (70–80) % v okviru EGP in prodajo, ki je več kakor pet krat večja od njegovega največjega konkurenta [2].
The market investigation has shown that the other producers of nickel for plating and electroforming cannot exercise competitive constraints on New Inco, either because they lack sufficient capacity and suitable technology, or either because they are not active in the EEA.
Preučitev trga je pokazala, da drugi proizvajalci niklja za površinsko obdelavo in elektrolitsko nanašanje kovinskih prevlek ne morejo izvajati konkurenčnega pritiska na New Inco zato, ker nimajo zadostne zmogljivosti in primerne tehnologije ali pa niso dejavni v EGP.
Distributors and customers have confirmed that OMG would be the only real alternative supplier to New Inco.
Distributerji in potrošniki so potrdili, da bi bila družba OMG edini resnični alternativni dobavitelj New Inco.
However, OMG’s difficulties in sourcing intermediate products (feed) and its tolling agreement with Inco considerably reduce the competitive constraint that OMG could exercise on New Inco.
Vendar pa težave OMG pri pridobivanju vmesnih proizvodov („osnovnih surovin“) in njen sporazum o taksah z družbo Inco znatno zmanjšujejo konkurenčni pritisk, ki bi ga družba OMG lahko imela na New Inco.
Internal documents provided by the parties also indicate that Inco and Falconbridge are the closest competitors for the supply of nickel products used in the plating and electroforming industry.
Interni dokumenti, ki sta jih predložili stranki, navajajo tudi, da sta Inco in Falconbridge največja konkurenta za dobavo proizvodov iz niklja, ki se uporabljajo v industriji površinske obdelave in elektrolitskega nanašanja kovinskih prevlek.
Furthermore, these documents also confirm that the parties are the market drivers, having the greatest range of nickel products for plating and electroforming (different shapes and sizes) and brands with exceptional reputation in the market (‘must have’ brands).
Poleg tega ti dokumenti potrjujejo tudi, da sta stranki gonilni sili na trgu in imata največjo izbiro proizvodov iz niklja za površinsko obdelavo in elektrolitsko nanašanje kovinskih prevlek (različnih oblik in velikosti) ter blagovne znamke z izjemnim slovesom na trgu (blagovne znamke, „ki jih je treba imeti“).
New Inco will thus become the only supplier capable of offering a unique range of products to the plating and electroforming industry.
New Inco bo tako postal edini dobavitelj, ki bo industriji površinske obdelave in elektrolitskega nanašanja kovinskih prevlek sposoben ponuditi edinstveno izbiro proizvodov.
Following the transaction, New Inco will therefore have the power to increase unilaterally prices for nickel products, while facing limited competitive pressure from any other existing or potential suppliers of nickel products to the plating and electroforming industry.
Po transakciji bo New Inco tako imel moč, da enostransko poviša cene za proizvode iz niklja, ob tem pa bo pod vplivom omejenega konkurenčnega pritiska katerih koli drugih obstoječih ali morebitnih dobaviteljev proizvodov iz niklja industriji površinske obdelave in elektrolitskega nanašanja kovinskih prevlek.
Supply of high-purity nickel for the production of super alloys/super alloys used in safety-critical parts
Dobava niklja visoke čistosti za proizvodnjo super zlitin/super zlitin, ki se uporabljajo za izdelavo delov, pomembnih za varnost
New Inco will become by far the largest and almost monopolistic supplier of high-purity nickel used in super alloys, with a market share of 80 % to 95 % globally.
New Inco bo postal daleč največji dobavitelj in skoraj monopolist pri dobavi niklja visoke čistosti, ki se uporablja pri super zlitinah, s svetovnim tržnim deležem 80–95 %.
Competition in the super alloy market has been basically driven by the rivalry between Inco and Falconbridge.
Konkurenca na trgu super zlitin je večinoma delovala na podlagi tekmovalnosti med družbama Inco in Falconbridge.
The position of New Inco will be very strong as no other nickel supplier is or will be able to match the unique strengths of New Inco in terms of product quality, production capacity and reputation on the market for the supply of high-purity nickel used for the production of super alloys/super alloys used in safety-critical parts.
Položaj družbe New Inco bo zelo močen, saj noben drug dobavitelj niklja ni ali ne bi mogel tekmovati z edinstvenimi prednostmi New Inco v smislu kakovosti proizvodov, zmogljivosti proizvodnje in slovesa na trgu za dobavo niklja visoke čistosti, ki se uporablja za proizvodnjo super zlitin/super zlitin, uporabljanih pri izdelavi delov, pomembnih za varnost.
Most super alloy manufacturers and customers expressed concerns about the transaction, which will reduce the number of suppliers of high-purity nickel from three to two, leaving New Inco facing mostly Eramet only.
Večina proizvajalcev in potrošnikov super zlitin je izrazila pomisleke glede transakcije, ki bo zmanjšala število dobaviteljev niklja visoke čistosti s tri na dva, tako da bo ostala družba New Inco večinoma samo s konkurentom Eramet.
Given the significance of barriers to entry in the high-purity nickel market (notably borne out by the absence of entry at least during the past 10 years), constraints on the future behaviour of New Inco by potential competition are likely to be minimal.
Glede na pomen ovir za vstop na trg niklja visoke čistosti (kar je zlasti vzrok, da vstopa vsaj zadnjih deset let ni bilo) bo pritisk morebitne konkurence na prihodnje delovanje družbe New Inco verjetno minimalen.
Supply of high-purity cobalt for the production of super alloys used in safety-critical parts
Dobava kobalta visoke čistosti za proizvodnjo super zlitin, ki se uporabljajo za izdelavo delov, pomembnih za varnost
New Inco will become the almost monopolistic supplier of high-purity cobalt for super alloys used in safety-critical applications.
New Inco bo postal skoraj monopolist pri dobavi kobalta visoke čistosti za super zlitine, ki se uporabljajo pri delih, pomembnih za varnost.
As in the market of the supply of high-purity nickel, competition on the market for the supply of high-purity cobalt used in super alloys for safety-critical parts is driven by the rivalry between Inco and Falconbridge.
Kakor na trgu dobave niklja visoke čistosti konkurenca na trgu za dobavo kobalta visoke čistosti, uporabljanega pri super zlitinah za dele, pomembne za varnost, deluje na podlagi tekmovalnosti med družbo Inco in družbo Falconbridge.
New Inco’s position will be very strong as very few suppliers produce high-purity cobalt meeting the strict specifications of manufacturers of super alloys used in safety-critical applications.
Položaj družbe New Inco bo zelo močen, saj zelo malo dobaviteljev proizvaja kobalt visoke čistosti, ki izpolnjuje stroge specifikacije proizvajalcev super zlitin, ki se uporabljajo pri delih, pomembnih za varnost.
The market investigation has revealed that no other cobalt producer is and will be able to match the unique strengths of New Inco in terms of high purity and consistent quality of its cobalt production, its production capacity, and excellent reputation on the market for the supply of high-purity cobalt for the production of super alloys used in safety-critical parts.
Preučitev trga je pokazala, da noben drug proizvajalec kobalta ne more in ne bo mogel tekmovati z edinstvenimi prednostmi družbe New Inco v smislu visoke čistosti in stalne kakovosti svoje proizvodnje kobalta, zmogljivosti proizvodnje in izvrstnega slovesa na trgu za dobavo kobalta visoke čistosti za proizvodnjo super zlitin, uporabljanih pri delih, pomembnih za varnost.
Therefore, no other cobalt producer will be able to exercise any significant competitive constraint on New Inco.
Zato noben drug proizvajalec kobalta ne bo mogel izvajati kakršnega koli znatnega konkurenčnega pritiska na New Inco.
There are significant barriers to entry into the market for the supply of high-purity cobalt suitable for the production of super alloys used in critical applications.
Obstajajo znatne ovire za vstop na trg za dobavo kobalta visoke čistosti, ki je primeren za proizvodnjo super zlitin, uporabljanih pri pomembnih delih.
Given the importance of these barriers, constraints on the future behaviour of New Inco by potential competition are likely to be minimal.
Glede na pomen teh ovir bo pritisk morebitne konkurence na prihodnje delovanje družbe New Inco verjetno minimalen.
Thus, as a result of the merger, New Inco will be able to increase unilaterally prices for high-purity cobalt products required for super alloys used in critical applications.
Zato bo zaradi združitve družba New Inco lahko enostransko povišala cene za proizvode iz kobalta visoke čistosti, ki je potreben za super zlitine, uporabljane pri pomembnih delih.
Restriction of global nickel supply
Omejitev svetovne dobave niklja
Certain third parties contended that New Inco would have the ability and incentive to delay part of its nickel-mining projects, in particular the Koniambo project and that this would have an impact on nickel LME prices.
Nekatere tretje stranke so trdile, da bi družba New Inco bila sposobna in bi imela motiv za odložitev dela svojih projektov za pridobivanja niklja, zlasti projekt Koniambo, in da bi to lahko vplivalo na cene niklja na londonski borzi kovin (LME).
However, the market investigation has shown that New Inco would neither have an economic interest in delaying a mining project at an advanced stage of development (ramp up or committed) due to the significant financial cost incurred nor to delay an early stage mining project (potential) as the benefits of such announcement, in terms of higher LME prices, are highly speculative and certainly very limited in time.
Vendar pa je preučitev trga pokazala, da New Inco ne bi imel gospodarskega interesa za odložitev rudarskega projekta v poznejši fazi razvoja (povečan razvoj ali dodelitev) zaradi znatnih finančnih stroškov niti ne za odložitev rudarskega projekta v začetni fazi (morebitni projekt), saj so koristi takega naznanila v smislu višjih cen na londonski borzi kovin zelo špekulativne in gotovo časovno zelo omejene.
The parties submit that the proposed transaction would generate efficiency gains arising primarily from the close proximity of their respective mines/processing facilities in the Sudbury basin, which would help them to optimise their mining and processing operations.
Stranke navajajo, da bi predlagana transakcija povzročila izgube pri učinkovitosti predvsem zaradi velike bližine njihovih rudnikov/zmogljivosti za predelavo v rudniškem bazenu Sudbery, kar bi jim pomagalo kar najbolj izboljšati njihove dejavnosti rudarjenja in predelave.
This would allegedly result in increased production at lower cost and would benefit all nickel customers.
To naj bi domnevno povzročilo povečano proizvodnjo po nižji ceni in bi koristilo vsem potrošnikom niklja.
However, the parties have failed to demonstrate that the efficiencies brought about by the proposed transaction are not attainable with a less anti-competitive alternative and would directly benefit end customers in the three relevant product markets where competition concerns have been identified.
Vendar strankam ni uspelo dokazati, da učinkovitosti, povzročene s predlagano transakcijo, ni mogoče doseči z manj protikonkurenčno alternativo in da bi ta neposredno koristila končnim potrošnikom v treh upoštevanih proizvodnih trgih, kjer so bili ugotovljeni pomisleki glede konkurence.
For these reasons, the efficiencies presented by the parties cannot be considered to offset the adverse effect of the proposed transaction on competition.
Zaradi teh razlogov učinkovitosti, ki so jo predstavile stranke, ni mogoče šteti kot nevtraliziranje škodljivega učinka predlagane transakcije na konkurenco.
The attached Decision, therefore, concludes that the notified concentration is likely to significantly impede effective competition, in particular as a result of the creation of a dominant position, and appears incompatible with the Common Market and the functioning of the EEA Agreement as regards each of the three relevant markets.
Sklep priložene Odločbe je tako, da lahko priglašena koncentracija bistveno ovira učinkovito konkurenco, zlasti kot posledica ustvarjanja prevladujočega položaja, in se zdi nezdružljiva s skupnim trgom ter delovanjem Sporazuma EGP v zvezi z vsakim od treh upoštevanih trgov.
Commitments offered by the Parties
Zaveze, ki sta jih ponudili stranki
In order to address the aforementioned competition concerns in the markets for the supply of nickel to the plating and electroforming industry in the EEA, for the supply of high-purity nickel for super alloys/super alloys used in safety-critical parts worldwide, and for the supply of high-purity cobalt for super alloys used in safety-critical parts worldwide, the Parties have submitted the undertakings described below.
Za odpravo prej navedenih pomislekov glede konkurence na trgih za dobavo niklja industriji površinske obdelave in elektrolitskega nanašanja kovinskih prevlek v EGP, za dobavo niklja visoke čistosti za super zlitine/super zlitine, ki se uporabljajo za izdelavo delov, pomembnih za varnost, po vsem svetu, in za dobavo kobalta visoke čistosti za super zlitine, uporabljane po vsem svetu pri delih, pomembnih za varnost, sta stranki predložili spodaj opredeljene zaveze.
Under the undertakings, the parties commit to divest Falconbridge’s sole refinery, the Nikkelverk refinery in Norway, together with the related feed procurement entity and existing third-party feed supply agreements, related marketing organisations and existing customer contracts, Falconbridge’s proprietary refining technology and trademarks (the divested business) to a suitable purchaser, having access to sufficient feed resources to sustain the economic viability of Nikkelverk.
Na podlagi zavez se stranki obvezujeta, da bosta prepustili edino rafinerijo družbe Falconbridge, rafinerijo Nikkelverk na Norveškem, ter z njo povezanim dobaviteljem osnovnih surovin in obstoječimi dobavnimi pogodbami za osnovne surovine s tretjo osebo, z njo povezanimi organizacijami za trženje in sedanjimi pogodbami s kupci, lastniško tehnologijo rafiniranja družbe Falconbridge in blagovnimi znamkami (odsvojenim obratom) ustreznemu kupcu, ki ima dostop do zadostnih virov osnovnih surovin za zagotovitev ekonomskega obstoja rafinerije Nikkelverk.
In addition, the parties undertake to offer the purchaser to enter into a 10-year flexible feed supply agreement, covering a substantial part of Nikkelverk’s feed requirements.
Poleg tega se stranki zavezujeta, da bosta kupcu ponudili sklenitev prožne dobavne pogodbe za osnovne surovine za deset let, ki bo zajela znatni del potreb rafinerije Nikkelverk po osnovnih surovinah.
In addition, Falconbridge entered into a binding agreement with a third party company, LionOre, for the sale of the divested business.
Poleg tega je družba Falconbridge sklenila zavezujočo pogodbo s tretjo osebo, družbo LionOre, za prodajo odsvojenega obrata.
The parties requested the Commission to approve LionOre as a suitable purchaser for the divested business.
Stranki sta zaprosili Komisijo, naj odobri družbo LionOre kot primernega kupca odsvojenega obrata.
Assessment of the commitments submitted
Ocena predloženih zavez
Nikkelverk is Falconbridge’s only refinery and produces all the nickel products supplied by Falconbridge to the plating and electroforming industry, all the high-purity nickel products sold by Falconbridge for the production of super alloys and all the high-purity cobalt products supplied by Falconbridge for the production of super alloys used in safety-critical parts.
Nikkelverk je edina rafinerija družbe Falconbridge in proizvaja vse proizvode iz niklja, ki jih Falconbridge dobavlja industriji površinske obdelave in elektrolitskega nanašanja prevlek, vse proizvode iz niklja visoke čistosti, ki jih Falconbridge prodaja za proizvodnjo super zlitin, in vse proizvode iz kobalta visoke čistosti, ki jih Falconbridge dobavlja za proizvodnjo super zlitin, uporabljanih pri delih, pomembnih za varnost.
In addition, the divested business includes all the Falconbridge entities in charge of the marketing and the sale of these nickel and cobalt products.
Poleg tega odsvojeni obrat zajema vse subjekte družbe Falconbridge, ki so pristojni za trženje in prodajo teh proizvodov iz niklja in kobalta.
The proposed remedy therefore removes the entire quantitative overlap between Inco and Falconbridge on the three markets where competition concerns have been identified.
Predlagani ukrepi izboljšav tako odstranijo celotno količinsko prekrivanje med družbo Inco in družbo Falconbridge na treh trgih, kjer so bili ugotovljeni pomisleki glede konkurence.
Provided that the divested business will operate as a viable and competitive entity, it will thus take over Falconbridge’s market position in the three relevant markets and restore the effective competition prevailing thereon prior to the proposed transaction.
Če bo odsvojeni obrat deloval kot subjekt, sposoben gospodarskega preživetja, in kot konkurenčen subjekt, bo tako prevzel tržni položaj družbe Falconbridge na treh upoštevanih trgih in ponovno vzpostavil učinkovito konkurenco, ki bo prevladujoča pred predlagano transakcijo.
The investigation has, however, shown that the essential issue for the assessment of the proposed remedy is the ability of the divested business to secure a long-term source of nickel feed suitable for the production of high-purity nickel on a consistent basis, at economically attractive conditions.
Preučitev je sicer pokazala, da je bistveno vprašanje za oceno predlaganih ukrepov izboljšav sposobnost odsvojenega obrata za zagotovitev dolgoročnega vira surovega niklja, primernega za redno proizvodnjo niklja visoke čistosti na podlagi ekonomsko smiselnih pogojev.
If this condition is not satisfied, it is likely that the divested business will be a weak and vulnerable competitor on the relevant markets, unable to effectively compete with New Inco.
Če ta pogoj ne bo izpolnjen, je verjetno, da bo odsvojeni obrat šibek in ranljiv konkurent na upoševnih trgih in ne bo zmožen učinkovito tekmovati z družbo New Inco.
The assessment of the current structure of the nickel industry has shown that the vertical integration of mining, processing and refining facilities was the predominant business model.
Ocena sedanje strukture industrije niklja je pokazala, da je vertikalna integracija objektov in naprav za rudarstvo, predelavo in rafiniranje prevladujoč poslovni model.
There is currently no stand-alone refinery in the nickel industry and the few refineries that source third-party feeds also own interests in mining and processing facilities.
Zdaj ne obstaja nobena samostojna rafinerija v industriji niklja in tistih nekaj rafinerij, ki pridobivajo osnovne surovine tretjih oseb, ima v lasti tudi deleže v objektih in napravah za rudarstvo in predelavo.
This situation is not expected to change significantly by 2015 as the vertically integrated business model is an efficient response to the need for refineries to secure stable feed sources in the long term.
Te razmere se po pričakovanju ne bodo znatno spremenile do leta 2015, saj je vertikalno integriran poslovni model učinkovit odgovor na potrebo rafinerij, da dolgoročno zagotovijo stabilne vire osnovnih surovin.
Therefore only a purchaser, with experience in mining and processing of nickel and access to mines and sufficient intermediate nickel products, could bring sufficient comfort as to ability and incentive of a purchaser for the divested business to restore competition in the long term.
Zato lahko samo kupec z izkušnjami pri pridobivanju in predelavi niklja ter z dostopom do rudnikov in zadostne količine vmesnih proizvodov iz niklja ustrezno zagotovi, da bo kupec sposoben in motiviran, da bo odsvojeni obrat dolgoročno ponovno konkurenčen.
This is strongly supported by the results from the market investigation on the remedies carried out by the Commission.
To močno podpirajo izsledki preučitve trga glede ukrepov izboljšav, ki jo je opravila Komisija.
As regards cobalt, contrary to the nickel industry, vertical integration is not the prevailing business model in the cobalt industry, with significant trading of cobalt intermediates.
Glede kobalta pa v nasprotju z industrijo niklja vertikalna integracija ni prevladujoč poslovni model v industriji kobalta, ki ima znatno trgovino z vmesnimi proizvodi iz kobalta.
Over 50 % of Nikkelverk’s cobalt production is sourced from third parties.
Več kot 50 % proizvodnje kobalta v rafineriji Nikkelverk je pridobljene od tretjih oseb.
Falconbridge refines custom feed, including cobalt contained in the matte purchased from BCL, and cobalt intermediates from Australia and Africa, under both feed-purchase and toll-refining arrangements.
Družba Falconbridge rafinira osnovne surovine po naročilu, vključno s kobaltom, ki je vsebovan v kobaltovem kamnu, kupljenemu od BCL, in vmesnimi proizvodi iz kobalta iz Avstralije in Afrike na podlagi dogovorov o nakupu osnovnih surovin in pristojbin pri rafiniranju.
In addition, for a period up to 10 years, New Inco has committed to supply the divested business with similar quantities of cobalt feed as those currently supplied by Falconbridge to Nikkelverk.
Poleg tega se je družba New Inco za obdobje do deset let zavezala, da bo odsvojenemu obratu dobavila podobne količine surovega kobalta, kakor so tiste, ki jih Falconbridge trenutno dobavlja rafineriji Nikkelverk.