natgillin/translations-raw huggingface dataset:
In conclusion, France’s comments do not lead to the conclusion that AFR would have been able to obtain funds on similar terms on the credit market.
Skratka, iz pripomb Francije ni mogoče ugotoviti, da bi družba AFR lahko pridobila sredstva na kreditnem trgu pod podobnimi pogoji.
With regard to AFR’s status as a firm in difficulty within the meaning of the Guidelines, the Commission makes the following observations.
Kar zadeva opredelitev družbe AFR kot podjetja v težavah v smislu Smernic, Komisija ugotavlja naslednje.
Point 10(a) of the Guidelines states that a firm is in difficulty where more than half of its registered capital has disappeared and more than one quarter of that capital has been lost over the preceding 12 months.
Iz točke 10(a) Smernic izhaja, da je podjetje v težavah, kadar je izgubilo več kot polovico osnovnega kapitala in je v preteklih dvanajstih mesecih izgublilo več kot četrtino tega kapitala.
This provision reflects the assumption that a company experiencing a massive loss in its registered capital will be unable to stem losses that will almost certainly condemn it to go out of business in the short or medium term.
Ta določba predvideva, da družba, ki izgubi veliko svojega osnovnega kapitala, ne bo mogla ustaviti izgub, ki bodo kratkoročno ali srednjeročno skoraj zanesljivo povzročile njegovo propad.
The Commission considers that this assumption logically applies a fortiori to a company that has lost all its registered capital and has negative capital and reserves.
Komisija meni, da ta predpostavka logično a fortiori velja za družbo, ki je izgubila celoten osnovni kapital in ima negativen lastniški kapital.
As shown by the financial data set out in paragraph 8 (and not disputed by France during the formal investigation procedure), AFR had had negative capital and reserves since 2001 and had not, at the time the aid was granted, been able to reverse this trend and move back into a positive situation as regards capital and reserves.
Kot izhaja iz finančnih podatkov, navedenih v točki 8 (ki jih Francija ni izpodbijala v formalnem postopku preiskave), je družba AFR imela negativen lastniški kapital od leta 2001 in v času, ko ji je bila odobrena pomoč, ter ni mogla ustaviti tega gibanja in znova doseči pozitivnega lastniškega kapitala.
Under the circumstances, the Commission considers that AFR was a firm in difficulty within the meaning of point 10 of the Guidelines at the time the aid was granted.
V teh okoliščinah Komisija meni, da je bila družba AFR družba v težavah v smislu točke 10 Smernic, ko ji je bila odobrena pomoč.
In the alternative, the Commission notes that, at the time the aid was granted, AFR also fitted the definition of a firm in difficulty given in point 11 of the Guidelines, which states that, even when none of the circumstances set out in point 10 are present, a firm may still be considered to be in difficulty, in particular where the usual signs of a firm being in difficulty are present, such as increasing losses and diminishing turnover.
Komisija podredno ugotavlja, da je družba AFR ob odobritvi pomoči ustrezala tudi opredelitvi podjetja v težavah iz točke 11 Smernic, v kateri je določeno, da družba lahko velja za podjetje v težavah, tudi če niso izpolnjene okoliščine, določene v točki 10 Smernic, zlasti ob prisotnosti običajnih znakov podjetja v težavah, kot sta zlasti naraščajoče izgube in upadanje prometa.
However, point 11 does stipulate that a firm in difficulty is eligible only where, demonstrably, it cannot recover through its own resources or with the funds it obtains from its owners/shareholders or from market sources.
V točki 11 je vseeno določeno, da je podjetje v težavah upravičeno le takrat, kadar lahko dokaže, da si z lastnimi sredstvi ali sredstvi lastnikov/delničarjev ali iz tržnih virov, ne more opomoči.
This provision is therefore a reminder that the status of a firm in difficulty must be determined in the light of all the relevant indicators, but with significant weight being given to the firm’s ability to recover without State intervention.
Ta določba torej opozarja, da je treba podjetje v težavah opredeliti z vidika vseh upoštevnih dejavnikov, pri čemer je vseeno odločilna sposobnost podjetja, da si opomore brez posredovanja javnih organov.
In this regard, the Commission notes (as is clear from the table in paragraph 8) that, since 2001, AFR’s turnover has fallen steadily while losses have persisted.
Komisija glede tega opozarja (kot izhaja iz tabele v točki 8), da se je družba AFR od leta 2001 srečevala s stalnim upadanjem prometa in stalnimi izgubami.
These are signs of a firm in difficulty within the meaning of point 11 of the Guidelines.
To so značilni znaki podjetja v težavah v smislu točke 11 Smernic.
In its decision to initiate the formal investigation procedure, the Commission had already noted these signs in support of its preliminary conclusion that AFR was a firm in difficulty.
Komisija je v odločitvi o sprožitvi formalnega postopka preiskave že navedla te znake v podporo svoji uvodni ugotovitvi, da je družba AFR podjetje v težavah.
Moreover, the negative trend in AFR’s financial situation is clear from the fact that, from January 2004 onwards, the firm was unable to pay by the due date taxes and social security contributions totalling EUR 4,3 million and therefore needed to ask the competent authorities for a moratorium and an arrangement to clear the debt.
Poleg tega negativno gibanje finančnega položaja družbe AFR izhaja iz dejstva, da podjetje od januarja 2004 ni moglo pravočasno plačati dolgovanih prispevkov za socialno varnost in davkov v višini 4,3 milijona EUR ter je moralo zato zaprositi za moratorij in pripravo načrta za poravnavo dolga pristojnim organom.
The only facts cited by France that might constitute signs to the contrary are the loans granted to AFR (current account overdraft and advance payments) and the fact that AFR had received certain guarantees from […] [5] Confidential information.
Edina dejstva, ki jih je navedla Francija in bi lahko bila nasprotni dokazi, so posojila, odobrena družbi AFR (odobreni limit na tekočem računu in predplačila), in dejstvo, da je družba AFR dobila določena jamstva od […] [5] Zaupen podatek.
The Commission considers that these signs should be taken into account in the assessment, required by point 11 of the Guidelines, of the firm’s ability to recover with the funds it obtains from market sources.
Komisija meni, da je treba te znake upoštevati pri v točki 11 Smernic zahtevani preiskavi sposobnosti podjetja, da si opomore ob pomoči sredstev, ki bi jih lahko pridobilo na finančnem trgu.
In this respect, the Commission notes that:
Komisija v zvezi s tem ugotavlja naslednje:
the fact that AFR had negative capital and reserves suggests that it was unable to overcome its difficulties with its own resources,
iz dejstva, da je družba AFR imela negativen lastniški kapital, izhaja, da ni mogla rešiti težav z lastnimi sredstvi,
the French authorities indicated that AFR’s shareholder, Arbel SA, despite the support it provided to AFR, was unable on its own to ensure the recovery of its subsidiary,
francoski organi so navedli, da delničarka družbe AFR, Arbel SA, kljub vložkom za pomoč družbi AFR, ni mogla sama zagotoviti sanacije svoje hčerinske družbe,
lastly, with regard to financial market sources, the loans and guarantees cited by France mean at the most that AFR still had some ability to obtain limited amounts of short-term credit.
nazadnje, kar zadeva finančne tržne vire, je treba ugotoviti, da posojila in jamstva, ki jih je navedla Francija, dokazujejo kvečjemu, da je družba AFR ohranila določeno sposobnost pridobiti omejena kratkoročna posojila.
However, given the extent of AFR’s difficulties, particularly its need for capital and reserves, the loans cited are not sufficient to conclude that AFR could have resolved its difficulties with funds from market sources.
Vendar zaradi obsega težav družbe AFR in zlasti njenih potreb po lastniškem kapitalu na podlagi navedenih posojil ni mogoče ugotoviti, da bi družba AFR lahko rešila svoje težave s pomočjo financiranja, ki bi ga dobila pri tržnih virih.
Accordingly, it must be concluded that, at the time the aid was granted, AFR was in serious financial difficulties that threatened its survival in the short or medium term and that it was not in a position to address those difficulties without help from the public authorities.
Zato je treba ugotoviti, da je družba AFR, ko ji je bila odobrena pomoč, imela hude finančne težave, ki so ogrožale njeno kratkoročno ali srednjeročno preživetje, in da tega ni mogla ustaviti brez posredovanja javnih organov.
The Commission therefore takes the view, in the light of the above observations and, in particular, of the financial results shown in paragraph 8, that AFR was a firm in difficulty within the meaning of point 10 and, in the alternative, of point 11 of the Guidelines at the time the repayable advances were granted.
Komisija torej ob upoštevanju zgornjih ugotovitev in zlasti finančnih rezultatov, navedenih v točki 8, meni, da je bila družba AFR podjetje v težavah v smislu točke 10 Smernic in podredno v smislu točke 11, ko sta ji bili odobreni vračljivi predplačili.
Given the difficulties being experienced by AFR, the Commission considers that AFR would not have been able to obtain funds on such advantageous terms on the credit market.
Komisija zaradi težav, s katerimi se je srečevala družba AFR, meni, da ta na kreditnem trgu ni mogla pridobiti sredstev pod tako ugodnimi pogoji.
The advances in question thus conferred an advantage on AFR by providing it with finance on more favourable terms than it would have been able to obtain on the credit market.
Zadevni predplačili sta torej prinesli ugodnost družbi AFR, saj sta ji omogočili financiranje pod ugodnejšimi pogoji, kot bi jih lahko dobila na kreditnem trgu.
Effect on trade and competition
Vpliv na trgovino in konkurenco
The repayable advances confer an advantage on AFR in relation to other firms in a similar situation in that they are available only to AFR.
Vračljivi predplačili dajeta prednost družbi AFR pred drugimi podjetji, ki so v podobnem položaju, ker sta namenjeni izključno njej.
The railway rolling stock manufacturing sector is characterised by the presence of several European operators and by intra-Community trade.
Značilnosti sektorja proizvodnje železniških tirnih vozil sta prisotnost več evropskih gospodarskih subjektov in trgovina znotraj Skupnosti.
Consequently, the advantage conferred on AFR is likely to distort competition and trade between Member States.
Ugodnost, odobrena družbi AFR, torej lahko izkrivlja konkurenco in trgovino med državami članicami.
In the light of the above observations, the Commission considers that the repayable advances granted to AFR constitute state aid within the meaning of Article 87(1) of the Treaty.
Komisija ob upoštevanju zgornjih ugotovitev meni, da sta vračljivi predplačili, odobreni družbi AFR, državna pomoč v smislu člena 87(1) Pogodbe.
In the case of aid granted in the form of loans to firms in difficulty, the aid element is made up of the difference between the interest rate actually applied and the interest rate at which the beneficiary company could have obtained the same loan on the open market [7].
V primeru pomoči, odobrene v obliki posojil podjetjem v težavah, je pomoč razlika med dejansko zaračunanimi obrestmi in obrestmi, kot bi jih upravičeno podjetje lahko plačalo, če bi dobilo isto posojilo na zasebnem trgu [7].
In its notice on the method for setting the reference and discount rates [6] See the Commission notice on the method for setting the reference and discount rates (OJ C 273, 9.9.1997, p. 3).
Komisija je v Sporočilu o metodi določanja referenčnih obrestnih mer in diskontnih stopenj [6] Glej Sporočilo Komisije o metodi določanja referenčnih obrestnih mer in diskontnih stopenj (UL C 273, 9.9.1997, str. 3).
, the Commission states that the reference rate is a floor rate which may be increased in situations involving a particular risk (for example, an undertaking in difficulty or where the security normally required by banks is not provided) and states that, in such cases, the premium may amount to 400 basis points or more.
pojasnila, da je referenčna obrestna mera najnižja obrestna mera, ki se lahko poviša v položajih, ki vključujejo posebno tveganje, ter navedla kot primer takih tveganj posojila podjetjem v težavah ali neobstoj poroštva, ki ga navadno zahtevajo banke, in pojasnila, da v takih primerih premija lahko znaša do 400 stotink odstotka ali več.
Thus, in Chemische Werke Piesteritz [7] See the Commission Decision of 2 March 2005 in Chemische Werke Piesteritz (OJ L 296, 12.11.2005, p. 19, points 107 and 108) and the Commission Decision of 24 January 2007 in Case C 38/2005 Biria (OJ L 183, 13.7.2007, points 27 and 83 et seq.).
Komisija je tako v primeru Chemische Werke Piesteritz [7] Glej Odločbo Komisije z dne 2. marca 2005 v zadevi Chemische Werke Piesteritz (UL L 296, 12.11.2005, str. 19, točki 107 in 108) in Odločbo Komisije z dne 24. januarja 2007 v zadevi C 38/05 Biria (UL L 183, 13.7.2007, točke 27, 83 in naslednje).
, the Commission considered that a loan to a company in difficulty justified an interest premium of 400 basis points.
sklepala, da posojilo družbi v težavah upravičuje premijo 400 stotink odstotka.
It confirmed this view in Biria [8], stating that the risk constituted by the lack of security justified an additional premium of 400 basis points, i.e. a total increase of 800 basis points.
Komisija je to presojo potrdila v zadevi Biria [8], ko je pojasnila, da tveganje zaradi neobstoja poroštva upravičuje dodatno premijo 400 stotink odstotka oziroma skupaj povišanje za 800 stotink odstotka.
The Commission considers that the circumstances of this case are broadly similar to those of the above-mentioned cases, in particular in relation to the absence of security and the extent of the difficulties encountered.
Komisija meni, da so okoliščine v tej zadevi zelo podobne okoliščinam v zgoraj navedenih primerih, zlasti v zvezi z neobstojem poroštev in obsegom težav.
Consequently, the risks associated with the repayable advances granted to AFR may be subject to the same assessment.
Zato se tveganja, povezana z vračljivima predplačiloma, odobrenima družbi AFR, lahko preučujejo skupaj.
Thus, the State aid constituted by the repayable advances is made up of the difference between the interest actually due under the terms of the repayable advances and the interest that would be due if the reference rate in force at the time the aid was granted, increased by 800 basis points, had been applied.
Državna pomoč, ki jo predstavljata vračljivi predplačili, je razlika med obrestmi, ki se dejansko dolgujejo za vračljivi predplačili, in obrestmi, ki bi jih bilo treba plačati na podlagi referenčne obrestne mere, ki je veljala ob odobritvi pomoči, povišane za 800 stotink odstotka.
Given AFR’s economic situation at the time the aid was granted, as described in paragraph 8 (running at a loss for several years, negative capital and reserves, falling turnover), the Commission considers that AFR was a firm in difficulty within the meaning of the Guidelines at the time the repayable advances were granted.
Komisija ob upoštevanju gospodarskega položaja družbe AFR ob odobritvi pomoči, kot izhaja iz točke 8 (večletno deficitarno poslovanje, negativen lastniški kapital, upadanje prometa), meni, da je bila družba AFR podjetje v težavah v smislu Smernic, ko sta ji bili odobreni vračljivi predplačili.
For the reasons set out in paragraphs 22 and 23, France’s comments do not alter this analysis.
Iz razlogov, navedenih v točkah 22 in 23, te analize ni mogoče spremeniti na podlagi pripomb Francije.
It is true that in 2005 AFR was part of a group controlled by the holding company Arbel SA.
Res je, da je bila družba AFR leta 2005 del skupine, ki jo je nadziral holding Arbel SA.
Aside from its railways division (made up of AFR and Lormafer), the group included a construction division made up of firms specialising in the manufacture of windows for the construction industry.
Poleg železniškega dela (ki sta ga sestavljali družbi AFR in Lormafer) je skupino sestavljal tudi „gradbeni“ del, ki je združeval podjetja, specializirana za proizvodnjo oken za gradbeno industrijo.
However, it is clear from the information supplied by the French authorities in the correspondence exchanged before the initiation of the formal investigation procedure that the difficulties encountered by AFR were specific to it within the group as its activity had no connection with the construction division.
Vendar je iz informacij, ki so jih francoski organi poslali v dopisih, izmenjanih pred sprožitvijo formalnega postopka preiskave, vseeno razvidno, da je družba AFR imela posebne težavame v primerjavi z drugimi podjetji v skupini, ker njena dejavnost ni bila povezana z „gradbenim“ delom.
Moreover, the Commission notes that AFR’s difficulties seem to have been too great for the group to overcome, given its mediocre results.
Poleg tega Komisija poudarja, da se zdi, da so bile težave družbe AFR prevelike, da bi jih skupina lahko rešila, predvsem zaradi svojih povprečnih rezultatov.
It therefore considers that point 13 of the Guidelines is no obstacle to AFR being considered eligible for rescuing and restructuring aid, despite its being part of a group.
Komisija zato meni, da točka 13 Smernic ne preprečuje, da se družba AFR šteje za upravičeno do pomoči za reševanje ali prestrukturiranje kljub dejstvu, da je del skupine.
The compatibility of the aid must therefore be assessed in the light of the Guidelines.
Združljivost pomoči je zato treba presojati z vidika Smernic.
The Commission observes that the compatibility conditions for restructuring aid laid down in the Guidelines are not fulfilled.
Komisija ugotavlja, da pogoji za združljivost pomoči za prestrukturiranje, določeni v Smernicah, niso izpolnjeni.
Accordingly, it notes that:
Komisija tako poudarja, da:
the French authorities did not present it with a restructuring plan consistent with points 34 to 37 of the Guidelines,
ji francoski organi niso predložili načrta za prestrukturiranje v skladu s točkami 34–37 Smernic,
the Commission was not aware of any compensatory measures designed to prevent any excessive distortion of competition that may be caused by the aid (points 38 to 42 of the Guidelines).
Komisija ni poznala izravnalnih ukrepov za preprečitev kakršnega koli čezmernega izkrivljanja konkurence zaradi pomoči (točke 38–42 Smernic).
Nor does the aid appear to fulfil the compatibility conditions for rescue aid provided for by the Guidelines, given that the repayable advances were granted for a period of more than six months (see point 25 of the Guidelines).
Zdi se, da pomoč ne izpolnjuje niti pogojev za združljivost pomoči za reševanje, določenih v Smernicah, ker sta bili vračljivi predplačili odobreni za obdobje, daljše od šestih mesecev (glej točko 25 Smernic).
These points suffice for it to be concluded that the aid is not compatible with the common market.
Iz teh ugotovitev je mogoče sklepati, da pomoč ni združljiva s skupnim trgom.
The Commission finds that France has unlawfully implemented the aid in question in breach of Article 88(3) of the Treaty.
Komisija ugotavlja, da je Francija izvedla zadevno pomoč v nasprotju s členom 88(3) Pogodbe in nezakonito.
As the aid is incompatible with the common market, France must bring it to an end and recover from the beneficiary the amounts already paid,
Ker pomoč ni združljiva s skupnim trgom, jo mora Francija prenehati izvajati in izterjati že odobrene zneske od prejemnice –
The State aid which France has implemented for Arebel Fauvet Rail SA is incompatible with the common market.
Državna pomoč Francije za družbo Arbel Fauvet Rail SA ni združljiva s skupnim trgom.
France shall take all necessary measures to recover from the beneficiary the aid referred to in Article 1 and unlawfully made available to the beneficiary.
Francija sprejme vse potrebne ukrepe, da od prejemnice pomoči iz člena 1 izterja pomoč, ki ji je bila že nezakonito izplačana.
Recovery shall be effected without delay and in accordance with the procedures of national law provided that they allow the immediate and effective execution of the decision.
Izterjava se izvede nemudoma in v skladu z nacionalnim pravom, če to omogoča takojšnjo in učinkovito izvršitev te odločbe.
The aid to be recovered shall include interest from the day on which it was at the disposal of the beneficiary until the date of its recovery.
Pomoč, ki jo je treba izterjati, vključuje obresti od datuma, ko je bila pomoč dodeljena prejemnici, do datuma njene izterjave.
Interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004 [9].
Obresti se izračunajo na podlagi obrestnega računa v skladu s poglavjem V Uredbe (ES) št. 794/2004.
France shall cancel all outstanding payments of the aid referred to in Article 1 with effect from the date of notification of this decision.
Francija odpove vsa čakajoča izplačila pomoči iz člena 1 po datumu uradnega obvestila o tej odločbi.
France shall ensure that this decision is implemented within four months following the date of its notification.
Francija zagotovi, da se ta odločba izvrši v štirih mesecih od datuma, ko je bila o njej uradno obveščena.
France shall inform the Commission, within two months of the date of notification of this decision, of the measures taken to comply with it, and in particular the following:
Francija obvesti Komisijo o ukrepih, ki jih je sprejela za izvršitev te odločbe, v dveh mesecih od datuma uradnega obvestila o tej odločb, in zlasti o naslednjih elementih:
the total amount (principal and interest) to be recovered from the beneficiary;
skupnem znesku (glavnica in obresti), ki jih je treba izterjati od prejemnice;
a detailed description of the measures already taken and planned to comply with this Decision;
podrobnem opisu že sprejetih in predvidenih ukrepov za izvršitev te odločbe;
the documents demonstrating that the beneficiary has been ordered to repay the aid.
podrobnem opisu že sprejetih in predvidenih ukrepov za izvršitev te odločbe.
France shall keep the Commission informed of the progress of the national measures taken to implement this decision until recovery of the aid referred to in Article 1 has been completed.
Francija obvešča Komisijo o napredku glede sprejetih nacionalnih ukrepov za izvajanje te odločbe do celotne izterjave pomoči iz člena 1.
It shall immediately forward to the Commission, at the latter’s request, any information on the measures already taken and planned to comply with this decision, as well as detailed information concerning the amounts of aid and interest already recovered from the beneficiary.
Komisiji nemudoma na njeno zahtevo pošlje vse informacije o že sprejetih in načrtovanih ukrepih za izvajanje te odločbe in tudi podrobne informacije o zneskih pomoči in obrestih, ki jih je že izterjala od prejemnice.
Done at Brussels, 2 April 2008.
V Bruslju, 2. aprila 2008
OJ C 249, 24.10.2007, p. 17.
UL C 249, 24.10.2007, str. 17.
On 29 June 2007 AFR was taken over by IGF Industries.
Družbo AFR je 29. junija 2007 prevzela družba IGF Industries.
Its business name changed to ‘IGF Industries — Arbel Fauvet Rail’.
Ime podjetja se je spremenilo v „IGF Industries – Arbel Fauvet Rail“.
See the Commission notice on the method for setting the reference and discount rates (OJ C 273, 9.9.1997, p. 3).
Glej Sporočilo Komisije o metodi določanja referenčnih obrestnih mer in diskontnih stopenj (UL C 273, 9.9.1997, str. 3).
See the Commission Decision of 2 March 2005 in Chemische Werke Piesteritz (OJ L 296, 12.11.2005, p. 19, points 107 and 108) and the Commission Decision of 24 January 2007 in Case C 38/2005 Biria (OJ L 183, 13.7.2007, points 27 and 83 et seq.).
Glej Odločbo Komisije z dne 2. marca 2005 v zadevi Chemische Werke Piesteritz (UL L 296, 12.11.2005, str. 19, točki 107 in 108) in Odločbo Komisije z dne 24. januarja 2007 v zadevi C 38/05 Biria (UL L 183, 13.7.2007, točke 27, 83 in naslednje).
Case C 38/05, cited in footnote 6 (see points 83 to 86).
Zadeva C 38/05, navedena v opombi 6 (glej točke 83–86).
the overdraft interest rate was 4,4199 % as 1 July 2005,
obrestna mera za odobreni limit je 1. julija 2005 znašala 4,4199 %,