natgillin/translations-raw huggingface dataset:
[…] The Buyer declares that the award of State aid to the Company referred to in clause 1 above was one of the conditions of its decision to invest by purchasing Company Shares.
[…] Kupec izjavlja, da je bila dodelitev državne pomoči družbi iz prvega stavka zgoraj eden od pogojev za njegovo odločitev za investicijo z nakupom delnic družbe.
[…] The declarations of the relevant organs of the public administration on the intent to grant State aid to the Company, referred to in clause 1 above, are included in Attachment No 6 to this contract’.
[…] Izjave ustreznih organov javne uprave o nameri, da se družbi dodeli državno pomoč iz prvega odstavka zgoraj, so vključene v Prilogi št. 6 k tej pogodbi“.
The Commission concludes from the foregoing that on 30 June 2005 there was a legally binding commitment from the State to grant the notified aid subject to approval by the Commission.
Komisija iz predhodno navedenega sklepa, da je 30. junija 2005 obstajala pravno zavezujoča obveznost države, da bo dodelila priglašeno pomoč pod pogojem, da jo odobri Komisija.
The Commission has noted that on 30 June 2005 and on earlier dates, it was far from certain that FSO could regain viability.
Komisija je ugotovila, da 30. junija 2005 in na prejšne datume še zdaleč ni bilo verjetno, da bi lahko družba FSO ponovno dosegla rentabilnost.
This is confirmed by the aforementioned KPMG and PWC valuation reports.
To potrjujeta zgoraj omenjeni poročili o vrednotenju KPMG in PWC.
In particular, the Commission notes that the company had no licensor for the production of a new model.
Komisija zlasti ugotavlja, da družba ni imela dajalca licence za proizvodnjo novega modela.
The company did not know what it would produce in the future.
Družba ni vedela, kaj bo v prihodnosti proizvajala.
The contract for the […] was only signed in 2006.
Pogodba za […] je bila podpisana šele leta 2006.
The then existing licence agreement with GM DAT for the production of the Lanos expires […].
Tedaj veljavna licenčna pogodba z podjetjem GM DAT za proizvodnjo Lanosa poteče […].
The level of production of the Lanos was low and insufficient to cover costs.
Raven proizvodnje Lanosa je bila nizka in ni zadoščala za pokrivanje stroškov.
In conclusion, the aid was unconditionally promised at a time when the risk of bankruptcy was high.
Sklepna ugotovitev je, da je bila pomoč brezpogojno obljubljena, ko je bilo tveganje za stečaj visoko.
As regards the precise amount of aid included in the State guarantee covering the investment loan to […], the Polish authorities have not submitted a calculation of a risk factor by which the guarantee could be weighted.
Glede točnega zneska pomoči, ki je vključena v državni garanciji za investicijsko posojilo, dodeljeno […], poljski organi niso predložili izračuna faktorja tveganja, s katerim bi se lahko garancija tehtala.
Up to October 2006, the Polish authorities always emphasised that this guarantee was necessary as the company was unable to obtain financing from the market due to the bad experience and the losses suffered by the banks in connection with earlier loans to FSO.
Do oktobra 2006 so poljski organi vedno poudarjali, da je bila ta garancija potrebna, ker družba ni bila sposobna pridobiti finančnih sredstev na trgu zaradi slabih izkušenj in izgub banke pri prejšnih posojilih, odobrenih družbi FSO.
In addition, the Commission has noted that, as indicated above, the commitment to grant the guarantee was entered into at a time when the risk of bankruptcy was high.
Poleg tega je Komisija ugotovila, da se je, kakor je navedeno zgoraj, država zavezala izdati garancijo, ko je bilo tveganje za stečaj visoko.
In these circumstances, the Commission considers that the aid included in the State guarantee may be up to 100 % of the amount of the guarantee.
Zaradi tega Komisija meni, da lahko znaša pomoč, ki je vključena v državni garanciji, do 100 % zneska garancije.
However, on the basis of the later assessment of the compatibility of the aid, the Commission does not need to quantify the precise amount of aid included in this guarantee.
Vendar pa na podlagi poznejše ocene združljivosti pomoči Komisiji ni treba določiti točnega zneska pomoči, vključenega v tej garanciji.
The Commission notes that the Polish authorities, in their letter of 17 October 2006, suggested that the company would be able to obtain loans from the market at that time.
Komisija ugotavlja, da so poljski organi v svojem dopisu z dne 17. oktobra 2006 omenili, da bi bila tedaj družba sposobna pridobiti posojila na trgu.
As a result, Poland asked for the aid included in the guarantee to be quantified on the basis of the reduction in the interest rate obtained thanks to the guarantee.
Zaradi tega je Poljska zaprosila, da se pomoč, vključena v garanciji, kvantificira na podlagi znižanja obrestne mere, ki je bila dosežena zaradi garancije.
The Commission cannot accede to this request.
Komisija tej zahtevi ne more ugoditi.
The State committed itself to grant the guarantee (and the other aid measures), and the aid amount has to be assessed with reference to the time of the irreversible commitment by the State to grant the support measures, and no later.
Država se je zavezala, da bo odobrila garancijo (in druge ukrepe pomoči), in je treba zato znesek pomoči oceniti glede na čas, ko se je država nepreklicno zavezala, da bo odobrila ukrepe podpore, in ne pozneje.
All loans offered by the market after this date are ‘contaminated’ by the aid which the State has undertaken to grant.
Vsa posojila, ki jih je ponudil trg po tem datumu, so „kontaminirana“ s pomočjo, ki jo je država obljubila.
The market took account of the direct positive impact (and indirect impact, such as the finding of an investor, which was made possible thanks to the promise of the aid) of the aid on the company.
Na trgu se je odrazil neposredni pozitivni vpliv (in posredni vpliv, kot npr. pritegnitev investitorja, ki jo je omogočila obljuba pomoči) pomoči na družbo.
As a result, the price of the financing offered later cannot be used as a basis to assess the quantity of aid in the measures contractually promised previously.
Zaradi tega se pozneje ponujena cena financiranja ne more uporabiti kot podlaga za oceno količine pomoči v ukrepih, ki so bili predhodno pogodbeno obljubljeni.
In addition, the information provided by the Polish authorities on the willingness of the banks to grant loans is not conclusive and does not prove that any bank would actually be ready to lend the amount in question to FSO without State support.
Poleg tega podatki, ki so jih predložili poljski organi glede pripravljenosti bank, da dodelijo posojila, niso prepričljivi in ne dokazujejo, da bi bila katera koli banka dejansko pripravljena posoditi zadevni znesek družbi FSO brez državne podpore.
The Polish authorities confirmed […] in their letter of 17 November 2006.
Poljski organi so potrdili […] v svojem dopisu z dne 17. novembra 2006.
As regards the aid by means of deferrals of tax and social security liabilities owed by FSO, these deferrals are equivalent to loans to the company.
Glede pomoči z odlogom plačila davka in obveznosti socialnega varstva, ki jih je dolgovala družba FSO, so ti odlogi enakovredni posojilom družbi.
As indicated, these deferrals of payment were granted when the risk of bankruptcy was high.
Kot je navedeno, so bili ti odlogi plačila odobreni, ko je bilo tveganje za stečaj visoko.
In these circumstances, the Commission concludes that the amount of aid in such deferrals could amount to the full deferred amount.
Zaradi tega Komisija ugotavlja, da je višina pomoči v obliki takih odlogov lahko znašala celotni odloženi znesek.
However, on the basis of the later assessment of the compatibility of the aid, the Commission does not need to quantify the precise amount of aid included in these deferrals.
Vendar zaradi poznejše ocene združljivosti pomoči Komisiji ni treba kvantificirati točnega zneska pomoči, ki je vključena v teh odlogih.
Therefore, the maximum aid amount granted after accession to be assessed in this decision is USD 83 million (EUR 66 million) plus PLN 62 million (EUR 16 million).
Zaradi tega je najvišji znesek pomoči, dodeljen po pristopu, ki se oceni v tej odločbi, 83 milijonov USD (66 milijonov EUR) plus 62 milijonov PLN (16 milijonov EUR).
At the exchange rate of 20 October 2006, the maximum aid amount is therefore EUR 82 million or PLN 318 million.
Po menjalnem tečaju z dne 20. oktobra 2006 je zato najvišji znesek pomoči 82 milijonov EUR ali 318 milijonov PLN.
Regarding the amount of aid contained in the measures granted before accession, the Commission observes that some of the measures also involved deferrals of tax and social security debts.
Glede zneska pomoči, ki jo vključujejo ukrepi, odobreni pred pristopom, Komisija ugotavlja, da so nekateri od ukrepov prav tako vsebovali odloge davčnih dolgov in plačila prispevkov za socialno varnost.
On the basis of the same reasoning as previously set out, the Commission has concluded that the maximum aid amount granted before accession is the total of the nominal value of the measures, namely PLN 201 million (EUR 51 million).
Na podlagi enakih utemeljitev, kot predhodno opisano, je Komisija ugotovila, da je najvišji znesek pomoči, dodeljen pred pristopom, skupni znesek nominalne vrednosti ukrepov, in sicer 201 milijonov PLN (51 milijonov EUR).
The Commission does not need to quantify precisely the aid amount included in these measures.
Komisiji ni treba točno kvantificirati zneska pomoči, ki je vključena v teh ukrepih.
Legal basis for the assessment
Pravna podlaga za oceno
As already indicated in the decision to initiate the procedure, the aid under consideration has been assessed on the basis of the 1999 (and not the 2004) Community guidelines on State aid for rescuing and restructuring firms in difficulty.
Kot je že bilo navedeno v odločitvi o sprožitvi postopka, je bila pomoč, ki je predmet preiskave, ocenjena na podlagi Smernic Skupnosti za državno pomoč za reševanje in prestrukturiranje podjetij v težavah iz leta 1999 (in ne iz leta 2004).
The Commission considers that restructuring aid is compatible when each of the conditions laid down in the guidelines is fulfilled [17].
Komisija meni, da je pomoč za prestrukturiranje združljiva, če so izpolnjeni vsi pogoji iz smernic [17].
As indicated in the decision to initiate the procedure, the Commission considers that FSO is in difficulty and eligible for restructuring aid.
Kot je navedeno v odločitvi o sprožitvi postopka, Komisija meni, da je družba FSO v težavah in upravičena do pomoči za prestrukturiranje.
As confirmed by the information submitted by the Polish authorities, without the aid the company would not have been able to attract a new shareholder and a licensor, which was indispensable for its survival.
Kakor potrjujejo podatki, ki so jih predložili poljski organi, družba brez pomoči ne bi mogla pritegniti novega delničarja in dajalca licence, kar je bilo nujno potrebno za njeno preživetje.
In addition, without a State guarantee, banks would still even today not give FSO an investment loan, which is indispensable for production of a new model and, consequently, for the firm’s survival.
Poleg tega brez državne garancije banke celo še danes ne bi družbi FSO odobrile investicijskega posojila, ki je nujno potrebno za proizvodnjo novega modela in posledično za preživetje podjetja.
The Commission has also to verify whether […], which could be the beneficiary of the guaranteed investment loan, is eligible or not.
Komisija mora prav tako preveriti, ali je družba […], ki bi lahko bila prejemnica zavarovanega investicijskega posojila, upravičenka ali ne.
The Polish authorities have assured the Commission that […] — or whatever other name it receives — would be a subsidiary of FSO and would appear in the consolidated financial statement of the FSO group.
Poljski organi so Komisiji zagotovili, da bi […] – ali katere koli drugo ime že prejme – bila hčerinska družba FSO in bi bila vključena v skupnih računovodskih izkazih skupine FSO.
On the basis of the information provided by Poland, it can be concluded that the creation of […] would not constitute the creation of a new firm in the sense of the guidelines.
Na podlagi podatkov, ki jih je predložila Poljska, se lahko ugotovi, da ustanovitev […] ne bi predstavljala ustanovitve novega podjetja v smislu smernic.
Being a core part of an economic unit in difficulty, […] is eligible for restructuring aid.
Ker je temeljni del gospodarske enote v težavah, je […] upravičenka do pomoči za prestrukturiranje.
Restoration of viability
Ponovna vzpostavitev rentabilnosti
The guidelines indicate that ‘the restructuring plan, the duration of which must be as short as possible, must restore the long-term viability of the firm within a reasonable timescale and on the basis of realistic assumptions as to future operating conditions.
Smernice navajajo, da „mora načrt za prestrukturiranje, katerega trajanje mora biti čim krajše, obnoviti dolgoročno sposobnost preživetja podjetja v smiselnem časovnem okviru in na podlagi realističnih predvidevanj prihodnjih pogojev poslovanja.
[…] The improvement in viability must derive mainly from internal measures […].’
[…] Izboljšanje sposobnosti preživetja mora biti v glavnem posledica notranjih ukrepov […].“
As stated previously, FSO will in the future operate as an independent car manufacturer, in the sense that the models produced, assembled and sold by the firm will not be developed within the group to which it belongs [18].
Kot je predhodno navedeno, bo družba FSO v prihodnosti poslovala kot neodvisna proizvajalka avtomobilov v smislu, da modeli, ki jih bo proizvajala, sestavljala in prodajala, ne bodo razviti znotraj skupine, ki ji družba pripada [18].
Therefore, the company needs to conclude a licence agreement with one of the major car manufacturers developing their own models.
Zaradi tega mora družba skleniti licenčno pogodbo z enim od velikih proizvajalcev avtomobilov, ki razvijajo svoje lastne modele.
These companies can locate the production of their models in their own plants or in independent companies like FSO.
Ta podjetja lahko locirajo proizvodnjo svojih modelov v svojih lastnih obratih ali v neodvisnih družbah, kot je FSO.
It follows from the foregoing that, when trying to get a licence agreement, FSO will be in competition with the existing production plants of the car manufacturer concerned as well as with other independent manufacturers.
Iz navedenega sledi, da bo pri poskusih pridobitve licenčne pogodbe družba FSO tekmovala z obstoječimi proizvodnimi obrati zadevnega proizvajalca avtomobilov, kakor tudi z drugimi neodvisnimi proizvajalci.
FSO can get licence agreements regularly and generate profits from the production of the models concerned only if it is a reliable and efficient manufacturer with a low cost base.
Družba FSO lahko pridobi licenčne pogodbe redno in ustvarja dobiček iz proizvodnje zadevnih modelov samo, če je zanesljiv in učinkovit proizvajalec z nizko stroškovno osnovo.
The Commission notes that the restructuring plan aims at fulfilling the latter condition.
Komisija ugotavlja, da je cilj načrta za prestrukturiranje izpolnitev zadnjega omenjenega pogoja.
On the operational side, the company has implemented a far-reaching restructuring plan, which concerned FSO S.A. as well as the subsidiaries.
Na operativni strani je družba izvedla daljnosežen načrt za prestrukturiranje, ki je zadeval družbo FSO S.A., kakor tudi hčerinske družbe.
Some of the problems identified at FSO were an excessive number of divisions and management levels, as well as an inappropriate organisational structure.
Nekateri od problemov, ugotovljeni v družbi FSO, so bili preveliko število oddelkov in ravni upravljanja, kakor tudi neustrezna organizacijska struktura.
FSO decided to reduce the number of divisions and to merge some of them, to reduce the number of management levels and management positions.
FSO se je odločila zmanjšati število oddelkov in nekatere od njih združiti, zmanjšati število ravni upravljanja in vodilnih položajev.
It has also modified the function distribution map by concentrating some functions and eliminating superfluous ones.
Prav tako je spremenila načrt porazdelitve funkcij s koncentracijo nekaterih funkcij in odpravo nepotrebnih funkcij.
More generally, as the level and structure of employment did not correspond to current operations and production volumes, the company substantially reduced its workforce, as shown in Table 2.
Bolj splošno, ker raven in struktura zaposlenosti nista ustrezali sedanjemu poslovanju in obsegu proizvodnje, je družba znatno zmanjšala število zaposlenih, kakor je razvidno iz preglednice 2.
The company has restructured its service subsidiaries, component production subsidiaries and sales subsidiaries.
Družba je prestrukturirala svoje servisne hčerinske družbe, hčerinske družbe za proizvodnjo sestavnih delov in hčerinske družbe za prodajo.
On the financial side, the company was riddled with debts, which it could not reimburse because of the major losses it had suffered since 2000.
Na finančni strani so družbo pestili številni dolgovi, ki jih ni mogla vračati zaradi velikih izgub, ki jih je imela od leta 2000.
However, as illustrated in Table 3, the firm negotiated with its creditors, who agreed either to convert their claims into shares or to waive a majority of them.
Vendar, kakor je prikazano preglednici 3, se je pogajala s svojimi upniki, ki so pristali bodisi na pretvorbo svojih terjatev v delnice ali na odpoved večini svojih terjatev.
The foregoing description illustrates that, as required by the guidelines, the company has already taken important internal measures on the operating and financial sides to restore its competitiveness.
Predhodni opis kaže, da je družba, kakor zahtevajo smernice, že sprejela pomembne notranje ukrepe na poslovni in finančni ravni za povrnitev konkurenčnosti.
The restructuring period will however only be completed when FSO has made the all the investments necessary for the production of the new model and has restored a production volume that generates a reasonable profit.
Vendar bo obdobje prestrukturiranja dokončano šele, ko bo FSO izvedla vse investicije, potrebne za proizvodnjo novega modela in bo znova vzpostavila obseg proizvodnje, ki ustvarja primeren dobiček.
Consequently, on the basis of current planning, the restructuring period should be considered as ending in the course of […].
Zaradi tega je treba na podlagi sedanjega načrtovanja upoštevati, da se obdobje prestrukturiranja zaključi med […].
In addition to the internal restructuring, which makes FSO a more efficient manufacturer, the company also benefits from having had a new shareholder — AvtoZAZ — since 2005.
Poleg notranjega prestrukturiranja, ki povečuje učinkovitost družbe FSO kot proizvajalke, ima družba prav tako koristi od tega, da ima novega delničarja – podjetje AvtoZAZ – od leta 2005.
This gives FSO privileged access to the distribution network of UkrAvto to sell its products.
To FSO omogoča priviligiran dostop do distribucijskega omrežja UkrAvto za prodajo svojih proizvodov.
The Commission notes that the restructuring plan is not free of risks and uncertainties.
Komisija ugotavlja, da načrt za prestrukturiranje ni brez tveganj in negotovosti.
Firstly, FSO will have to successfully bid on a regular basis for licence agreements in order to have a model to produce.
Prvič, družba FSO se bo morala redno uspešno potegovati za licenčne pogodbe, da bi imela model za proizvodnjo.
Secondly, it will be dependent on the commercial success of the one or two vehicles produced, which cannot be guaranteed.
Drugič, odvisna bo od komercialnega uspeha enega ali dveh proizvajanih vozil, ki ga ni možno zajamčiti.
Thirdly, it will have to generate a sufficient profit margin from production of the models concerned.
Kot tretje bo morala iz proizvodnje zadevnih modelov ustvariti zadostno stopnjo dobička.
Given the intensity of competition on the automobile market, reflected in the low level of profit made by the manufacturers of vehicles for the mass market, achieving profitability will require constant improvements in efficiency and cost control.
Ob upoštevanju intenzivnosti konkurence na avtomobilskem trgu, ki se kaže v nizki ravni profita, ki ga dosegajo proizvajalci vozil za množični trg, bo doseganje donosnosti zahtevalo stalne izboljšave na področju učinkovitosti in obvladovanja stroškov.
All these risks are inherent in the restructuring plan and, should they materialise, cannot be considered ‘unforeseeable circumstances’ within the meaning of paragraph 48 of the guidelines.
Vsa ta tveganja so neločljivo povezana z načrtom za prestrukturiranje in v primeru, da se uresničijo, se ne morejo šteti za „nepredvidljive okoliščine“ v smislu odstavka 48 smernic.
However, in view of the operational and financial restructuring already achieved, the support of the new shareholder, and the […] agreement signed with GM DAT in […] 2006 for production of the […], the Commission considers that there is a sufficient probability that the restructuring plan will allow FSO to restore its long-term viability.
Vendar zaradi že doseženega poslovnega in finančnega prestrukturiranja, podpore novega delničarja in […] pogodbe, podpisane z GM DAT v […] 2006 za proizvodnjo […], Komisija meni, da obstaja zadostna verjetnost, da bo načrt za prestrukturiranje družbi FSO omogočil ponovno vzpostavitev dolgoročne rentabilnosti.
Avoidance of undue distortions of competition
Preprečevanje nedovoljenega izkrivljanja konkurence
As already mentioned, the EU automobile industry is suffering from overcapacities and car manufacturers regularly announce workforce reductions.
Kot je že bilo omenjeno, ima avtomobilska industrija v EU težave zaradi prevelikih zmogljivosti in proizvajalci avtomobilov redno objavljajo zmanjšanja števila zaposlenih.
In this context, the exit of firms from the market is a normal outcome of the operation of market mechanisms.
V tej zvezi je izstop podjetij s trga običajen rezultat delovanja tržnih mehanizmov.
The aid currently examined thwarts the operation of these mechanisms and shifts the burden of adjustment to other manufacturers.
Pomoč, ki se preiskuje v tem primeru, negativno vpliva na delovanje teh mehanizmov in prevali breme prilagajanja na druge proizvajalce.
These competitors have to face one more competitor than they would have to if the State had not intervened to rescue FSO from bankruptcy.
Ti konkurenti se morajo soočati s še enim konkurentom več, kot bi ga sicer imeli, če država ne bi posegla vmes, da bi rešila družbo FSO pred stečajem.
In order to assess the size of the distortion created by this aid, it is therefore necessary to determine on which markets FSO operates and who its competitors are.
Da bi ocenili, kolikšno je izkrivljanje, ki je posledica te pomoči, je treba ugotoviti, na katerih trgih opravlja družba FSO dejavnost in kdo so njeni konkurenti.
The Commission observes that FSO is active on two markets.
Komisija ugotavlja, da je družba FSO dejavna na dveh trgih.
Firstly, it competes to obtain licences or orders to produce cars from existing major car manufacturers.
Prvič, tekmuje, da bi pridobila licence ali naročila za proizvodnjo avtomobilov od obstoječih velikih proizvajalcev avtomobilov.
In this context, FSO is in competition with existing production plants — either belonging to the major manufacturer concerned or independent — that could also produce these cars and would be interested in assembling them.
Pri tem FSO konkurira obstoječim proizvodnim obratom – ki bodisi pripadajo velikemu zadevnemu proizvajalcu ali so neodvisni – ki bi prav tako lahko proizvajali te avtomobile in bi bili zainteresirani za njihovo sestavljanje.
The Commission observes that over recent years the major car manufacturers active in the EU regularly oblige several plants located in a given geographical area, generally Europe [19], to compete with each other for the production of a given model.
Komisija ugotavlja, da tekom zadnjih let večji proizvajalci, ki so dejavni v EU, redno prisilijo več obratov, ki se nahajajo na določenem geografskem območju, na splošno v Evropi [19], da tekmujejo drug z drugim za proizvodnjo določenega modela.