natgillin/translations-raw huggingface dataset:
Since the Board issued a statement to that effect for the purpose of concluding a shareholder agreement on the arrangements for dividing the assets in the event of Synergia 99 being wound up, it can be assumed that the Board did not underestimate the value of those assets.
Ker je upravni odbor izdal izjavo z namenom sklenitve delniškega sporazuma o ureditvi za delitev premoženja v primeru prenehanja poslovanja podjetja Synergia 99, je mogoče domnevati, da upravni odbor ni podcenil vrednosti tega premoženja.
An independent expertise commissioned by the Board at the time estimated the market value of the land in question at PLN […] million
Neodvisna strokovna ocena, ki jo je naročil upravni odbor, je tržno vrednost zadevnega zemljišča ocenila na […] milijonov PLN.
In view of the large differences between the two evaluations, reflecting differing assumptions as to the future use of the land, the Commission regards the assumption that the land will be used for upmarket development as optimistic and, in the absence of any specific bids to purchase the land or a more tangible indication of plans to regenerate the area, rather unrealistic.
Zaradi velikih razlik med obema ocenama, ki odražajo različne predpostavke v zvezi s prihodnjo rabo zemljišča, Komisija meni, da so domneve, da se bo zemljišče uporabljalo za razvoj višjega cenovnega razreda, optimistične, vendar zaradi neobstoja specifičnih ponudb za nakup zemljišča ali bolj oprijemljivih načrtov za obnovo območja, precej nerealne.
The Commission takes the view that the potential revenue from the sale of the land for industrial or development use should also be estimated, in so far as either scenario is realistic.
Komisija meni, da je treba oceniti tudi potencialni prihodek od prodaje zemljišča za industrijsko ali razvojno uporabo, če sta ta dva scenarija realna.
The Commission also notes that the estimated investment value of the land on which the slipways are located (PLN […] million) was not reflected in the price paid by ISD for shares in Gdynia Shipyard.
Komisija tudi opaža, da ocenjena investicijska vrednost zemljišča, na katerem se nahajajo operativne površine ([…] milijonov PLN), ni vključena v ceno, ki jo je ISD plačal za delnice ladjedelnice Gdynia.
According to the September restructuring plan, at end-2007 the net asset value of Gdynia Shipyard amounted to PLN ([…] significant negative value) million.
V skladu s septembrskim načrtom za prestrukturiranje je čista vrednost sredstev ladjedelnice Gdynia ob koncu leta 2007 znašala ([…] velika negativna vrednost) milijonov PLN.
Since that time, the Treasury has implemented capital injections of PLN 515 million and PLN 385 million; further capitalisation of PLN 200 million is planned.
Od takrat je finančno ministrstvo izvedlo povečanje kapitala v višini 515 milijonov PLN in 385 milijonov PLN; načrtovana je še dodatna dokapitalizacija v višini 200 milijonov PLN.
If all the other items of the balance sheet remain unchanged [76], the yard’s net asset value following these capital injections will amount to PLN ([…] positive value) million, while ISD Polska will pay a symbolic price for the shares in Gdynia Shipyard.
Če vse preostale postavke bilance stanja ostanejo nespremenjene [76], bo čista vrednost sredstev po teh dokapitalizacijah znašala ([…] pozitivna vrednost) milijonov PLN, ISD Polska pa bo plačal simbolično ceno za delnice v ladjedelnici Gdynia.
If the market value of the land on which the slipways are located were properly reflected in the balance sheet, the net asset value would be even higher.
Če bi bila tržna cena zemljišča, na katerem se nahajajo operativne površine, ustrezno vključena v bilanco stanja, bi bila čista vrednost sredstev še višja.
In other words, ISD Polska would buy the Gdynia Shipyard shares at a price below their market value, thus receiving State aid.
Z drugimi besedami, ISD Polska bi kupil delnice ladjedelnice Gdynia po ceni, ki je nižja od tržne vrednosti, kar pomeni državno pomoč.
The Commission therefore considers that these assets are ‘contaminated’ by State aid awarded during the privatisation process and that their sale cannot be regarded as an own contribution free of State aid.
Zato Komisija meni, da so ta sredstva „okužena“ z državno pomočjo, dodeljeno med postopkom privatizacije, in da prodaje teh sredstev ni mogoče označiti kot lastni prispevek brez državne pomoči.
With regard to other the assets earmarked for sale currently on the balance sheet of Gdynia Shipyard or Gdańsk Shipyard, the Commission accepts, on the basis of the information available, the sale or rental of some assets as an actual, real own contribution, if an evaluation has been provided and substantiated and the sale or rental is based on existing agreements (sale of shares in Euromedicus, sale of shares in Polskie Linie Lotnicze, rental agreements with Eurocynk and with CRIST).
V zvezi z drugimi sredstvi, določenimi za prodajo in vključenimi v bilanco stanja ladjedelnic Gdynia ali Gdańsk, se Komisija na podlagi razpoložljivih informacij strinja, da je prodaja ali dajanje v najem nekaterih sredstev dejanski, realen lastni prispevek, če je bila dana utemeljena ocena in če prodaja ali dajanje v najem temelji na obstoječih dogovorih (prodaja deležev v podjetju Euromedicus, prodaja deležev v podjetju Polskie Linie Lotnicze, pogodba o najemu s podjetjema Eurocynk in CRIST).
These agreements represent an amount of around PLN […] million.
Ti dogovori predstavljajo znesek v višini okoli […] milijonov PLN.
Lastly, in line with established practice [77], the Commission takes the view that future cash-flow cannot be considered as an own contribution within the meaning of the Guidelines because it does not represent a real and actual contribution by the company or its shareholders to restructuring costs.
V skladu z ustaljeno prakso [77] Komisija meni, da prihodnjega denarnega toka ni mogoče označiti kot lastni prispevek v smislu Smernic, saj ne predstavlja realnega in dejanskega prispevka podjetja ali njegovih delničarjev k stroškom za prestrukturiranje.
It follows that the only items that can be considered as own contributions are the capital injections to be effected by ISD Polska of PLN 405 million in total and the proceeds from the sale and rental of some assets (PLN 14 million).
Iz tega sledi, da so edine postavke, ki jih je mogoče označiti za lastni prispevek, dokapitalizacije ISD Polska v skupni višini 405 milijonov PLN ter prihodki od prodaje in dajanja v najem nekaterih sredstev (14 milijonov PLN).
This own contribution corresponds to 14 % [78] of the expected restructuring costs of PLN 3 billion.
Ta lastni prispevek znaša 14 % [78] pričakovanih stroškov za prestrukturiranje v višini 3 milijarde PLN.
If the Commission were to accept the proposal of the Polish authorities presented at the meeting of 30 September 2008 to assess the level of the own contribution by way of comparison with the restructuring costs incurred in the yards as of the point in time at which the investors assumed control over the yards, the outcome would be the same (restructuring costs of PLN 3,065 billion with an actual and real own contribution of PLN 419 million i.e. 14 %).
Če bi Komisija sprejela predlog poljskih organov, ki so ga predstavili na sestanku 30. septembra 2008, in sicer, naj oceni raven lastnega prispevka s primerjavo stroškov za prestrukturiranje, ki so nastali v ladjedelnicah od trenutka, ko so vlagatelji prevzeli ladjedelnici, bi bil izid enak (stroški za prestrukturiranje v višini 3,065 milijarde PLN z dejanskim in realnim lastnim prispevkom v višini 419 milijonov PLN, tj. 14 %).
This should be considered in the light of the expected award of additional State aid, which is the basic assumption of the plan: additional capital injection by the State of PLN 1,6 billion (PLN 1,14 billion implemented in June 2008 and PLN 418 million outstanding) and further rescheduling of accumulated public-law liabilities with a nominal value of PLN 496,6 million for 2009-2017.
To je treba obravnavati v luči pričakovane dodelitve dodatne državne pomoči, ki je osnovna predpostavka načrta: dodatna dokapitalizacija s strani države v višini 1,6 milijarde PLN (1,14 milijarde PLN, izplačane junija 2008, in 418 milijonov PLN, ki še niso bili izplačani) in dodatna sprememba razporeda plačevanja akumuliranih obveznosti po javnem pravu z nominalno vrednostjo 496,6 milijona PLN za obdobje 2009–2017.
It should be noted that the plan assumes that shipbuilding operations will continue to be dependent on financing by way of advance payment guarantees provided by the Export Credit Insurance Corporation at advantageous terms, this having been incorporated into the financial model of the merged shipyards.
Treba je opomniti, da načrt predvideva, da bodo ladjedelniške dejavnosti še naprej odvisne od financiranja s pomočjo jamstev za predplačila izvozno-kreditne agencije po ugodnih pogojih, saj je bilo to vključeno v finančni model združenih ladjedelnic.
It is therefore obvious that the own contribution does not even remotely reach the threshold of 50 % of restructuring costs required by the Guidelines.
Zato je jasno, da lastni prispevek še zdaleč ne dosega praga 50 % stroškov za prestrukturiranje, ki ga zahtevajo Smernice.
Although the investor envisages a capital injection of PLN 500 million to partially finance the investment programme, he has also requested an additional capital injection from the State of PLN 515 million in total, rescheduling of public-law debt in an amount of PLN 560 million and coverage of any potential future liabilities of the yard, estimated at PLN 555 million (future losses, penalties for cancelling contracts, litigation).
Čeprav vlagatelj načrtuje dokapitalizacijo v višini 500 milijonov PLN za delno financiranje investicijskega programa, je zahteval tudi dodatno dokapitalizacijo s strani države v skupni višini 515 milijonov PLN, spremembo razporeda plačevanja dolgov po javnem pravu v višini 560 milijonov PLN in kritje vseh morebitnih prihodnjih obveznosti ladjedelnice, ki se ocenjujejo na 555 milijonov PLN (prihodnje izgube, kazni za prekinitev pogodb, sodni postopki).
In addition, the plan lists all the other liabilities of the yard in a total amount of PLN 948 million (commercial liabilities vis-à-vis suppliers, shipowners, etc.) and assumes that they will be covered by the State.
Poleg tega so v načrtu naštete vse druge obveznosti ladjedelnice v skupnem znesku 948 milijonov PLN (komercialne obveznosti do dobaviteljev, lastnikov ladij itd.) in predvideva, da jih bo krila država.
Lastly, the investor requests additional guarantees from the Export Credit Insurance Corporation at an advantageous premium compared with its normal practice for healthy companies to finance working capital and Treasury guarantees for bridging loans in an amount of PLN 397 million.
Vlagatelj zahteva dodatna jamstva izvozno-kreditne agencije po ugodni premiji v primerjavi z običajno prakso za zdrava podjetja za financiranje gibljivih sredstev in jamstva finančnega ministrstva za premostitvena posojila v višini 397 milijonov PLN.
The restructuring costs that can be identified on the basis of the limited information contained in the plan cover, at the minimum, accumulated liabilities (accumulated liabilities and loans totalling PLN 1508 million), expected losses on existing shipbuilding contracts and litigations (PLN 555 million) and investment needs envisaged for the period 2008-2018 (PLN 443 million).
Stroški za prestrukturiranje, ki jih je mogoče opredeliti na podlagi omejenih informacij v načrtu, krijejo najmanj akumulirane obveznosti (akumulirane obveznosti in posojila v skupni višini 1508 milijonov PLN), pričakovane izgube iz obstoječih ladjedelniških pogodb in sodnih postopkov (555 milijonov PLN) in investicijske potrebe, predvidene za obdobje 2008–2018 (443 milijonov PLN).
Most of these costs are to be covered by State aid.
Večino teh stroškov naj bi krila državna pomoč.
The proposed own contribution is a capital injection by the investor of PLN 500 million.
Predlagan lastni prispevek je dokapitalizacija vlagatelja v višini 500 milijonov PLN.
The Commission notes that no information was submitted on the investor’s ability to provide such a capital injection.
Komisija ugotavlja, da niso bile predložene informacije o zmožnosti vlagatelja, da zagotovi takšno dokapitalizacijo.
According to the preliminary offer by PSC, the funds to finance the injection were supposed to be acquired from a third party, a financial investor.
V skladu s predhodno ponudbo PSC naj bi se sredstva za financiranje dokapitalizacije pridobila od tretje strani, finančnega vlagatelja.
In the absence of any proof that the investor is able to provide capital of PLN 500 million, the Commission considers that this measure cannot be regarded as actual and real.
Ker ni dokazov, da lahko vlagatelj zagotovi sredstva v višini 500 milijonov PLN, Komisija meni, da tega ukrepa ni mogoče označiti kot dejanskega in realnega.
In addition, the plan assumes that revenue from the sale of assets generated in the period after accession and revenue from the planned sale of assets to a total amount of PLN 174,5 million should also be regarded as an own contribution within the meaning of the Guidelines.
Poleg tega načrt predvideva, da je treba prihodek iz prodaje sredstev, ustvarjen v obdobju po pristopu k EU, in prihodke iz načrtovane prodaje premoženja v skupnem znesku 174,5 milijona PLN označiti kot lastni prispevek v smislu Smernic.
Again, it has not been demonstrated that past transactions were free of State aid and that assumptions concerning planned revenue are realistic.
Ni bilo torej dokazano, da te pretekle transakcije niso vsebovale državne pomoči in da so predpostavke v zvezi z načrtovanim prihodkom realne.
This contradiction concerning the own contribution declared by the investor raises further doubts as to the credibility of assumptions in this respect.
To protislovje v zvezi z lastnim prispevkom vlagatelja zbuja dodatne dvome glede verodostojnosti predpostavk v zvezi s tem.
Accordingly, the Commission concludes that the plan does not show that the proposed own contribution is significant, actual, real and free of State aid.
V skladu s tem Komisija zaključuje, da načrt ne dokazuje, da je predlagani lastni prispevek znaten, dejanski, realen in brez državne pomoči.
The Commission notes that even if the proposed measures (capital injection of PLN 500 million and past and future sales of assets) had been regarded as constituting own contributions, they would correspond to 27 % of the restructuring costs as shown above.
Komisija upošteva, da bi predlagani ukrepi (dokapitalizacija v višini 500 milijonov PLN in prihodnja prodaja premoženja), četudi bi bili označeni za lastni prispevek, pomenili 27 % stroškov za prestrukturiranje.
On that basis, the Commission takes the view that the yard has not obtained practically any own contribution within the meaning of the Guidelines in the past, and, in so far as it has done so, that contribution is not significant.
Na podlagi tega Komisija meni, da ladjedelnici v preteklosti ni uspelo pridobiti praktično nobenega lastnega prispevka v smislu Smernic, in četudi ji je to uspelo, je bil prispevek neznaten.
Moreover, the restructuring plan submitted by the Polish Shipbuilding Company does not ensure a sufficient level of own contribution.
Poleg tega načrt za prestrukturiranje, ki ga je predložila Poljska ladjedelnica, ne zagotavlja zadostne ravni lastnega prispevka.
As the purpose of an own contribution is to keep State aid to the minimum, in the absence of an own contribution the Commission must conclude that the requirement to limit aid to the minimum necessary has not been met.
Ker je namen lastnega prispevka zagotoviti, da je državna pomoč kar najnižja, mora Komisija zaradi neobstoja lastnega prispevka zaključiti, da zahteva glede omejitve pomoči na najnižjo vsoto ni bila izpolnjena.
On the contrary, the restructuring plan of PSC is based on the assumption that additional State aid is awarded, and it concludes that implementation depends on this additional State aid.
Nasprotno, načrt za prestrukturiranje PSC temelji na predpostavki, da bo dodeljena dodatna državna pomoč, zato Komisija ugotavlja, da je izvajanje načrta odvisno od te dodatne državne pomoči.
On the basis of the foregoing, the Commission concludes that in the past the yard has not obtained practically any own contribution within the meaning of the Guidelines, i.e. which is real, actual and free of State aid.
Na podlagi zgoraj navedenega Komisija ugotavlja, da ladjedelnica v preteklosti ni uspela pridobiti praktično nobenega lastnega prispevka v smislu Smernic, tj. prispevka, ki je realen, dejanski in brez državne pomoči.
Nor do the joint restructuring plan and the plan presented by PSC ensure a sufficient level of own contribution.
Zadostne ravni lastnega prispevka pa ne zagotavljata niti skupni načrt za prestrukturiranje in načrt PSC.
However, both restructuring plans are based on the assumption that additional State aid is awarded.
Vendar pa oba načrta za prestrukturiranje temeljita na predpostavki, da bo dodeljena dodatna državna pomoč.
Overall, there is disproportionate financing of the restructuring by State aid, resulting in undue distortions of competition.
Na splošno obstaja nesorazmerno financiranje prestrukturiranja z državno pomočjo, ki povzroča neupravičeno izkrivljanje konkurence.
Under the Guidelines, the aid must not provide the company with surplus cash, which could be used for aggressive, market-distorting activities not linked to the restructuring process.
V skladu s Smernicami pomoč podjetju ne sme zagotoviti presežka denarnih sredstev, ki bi se lahko uporabil za agresivne, tržno izkrivljajoče dejavnosti, ki niso povezane s postopkom prestrukturiranja.
While the yard has not been provided with surplus cash, thanks to State guarantees it has benefited from access to working capital that was not available to it on the market.
Ladjedelnica sicer ni prejela takšnih presežnih sredstev, vendar pa je zahvaljujoč državnim jamstvom uporabljala gibljiva sredstva, ki jih na trgu ne bi mogla pridobiti.
As a result, the yard was able not only to continue operating and fill its order books but also to conclude contracts without having to bear the costs of mitigating the risks associated with changing prices for materials and exchange-rate fluctuations.
Zato je lahko ladjedelnica ne le nadaljevala s poslovanjem in napolnila svojo knjigo naročil, temveč tudi sklenila pogodbe, ne da bi krila stroške zmanjševanja tveganj, povezanih s spremenljivimi cenami za materiale in tečajnimi nihanji.
In other words, the yard was able to use State aid for market-distortive activities not linked to the restructuring process by accepting orders at prices which did not cover the costs incurred.
Z drugimi besedami, ladjedelnica je državno pomoč lahko uporabila za tržno izkrivljajoče dejavnosti, ki niso povezane s postopkom prestrukturiranja, saj je sprejemala naročila po cenah, ki niso krile nastalih stroškov.
This reinforces the Commission’s opinion that State aid was not limited to the minimum necessary for the survival of the yard.
To podpira mnenje Komisije, da državna pomoč ni bila omejena na najnižjo vsoto, potrebno za preživetje ladjedelnice.
Lastly, the Commission recalls that State aid to companies in difficulty should be used to finance restructuring.
Komisija opozarja, da je treba državno pomoč za podjetja v težavah uporabiti za financiranje prestrukturiranja.
Operating aid can be allowed only in as far as is necessary to keep the company afloat pending implementation of far-reaching restructuring.
Pomoč za tekoče poslovanje je dovoljena samo, če je potrebna za preživetje podjetja do izvedbe daljnosežnega prestrukturiranja.
In the case in point, however, genuine restructuring efforts bringing long-term effects have been limited.
V tem primeru pa so bila prava prizadevanja za prestrukturiranje, ki bi prinesla dolgoročne učinke, omejena.
The State aid mainly ensured that the yard was kept afloat and thus constituted mere operating aid.
Državna pomoč je predvsem zagotovila, da je ladjedelnica preživela, in zato predstavlja pomoč za tekoče poslovanje.
As such, this aid cannot be considered to have been limited to the strict minimum necessary to enable restructuring to be undertaken.
Zato te pomoči ni mogoče označiti kot omejene na najnižjo vsoto, potrebno za izvajanje prestrukturiranja.
In the light of the above, the Commission concludes that the requirement that aid be limited to the minimum and be accompanied by a real and significant contribution free of State aid has not been met.
V luči zgoraj navedenega Komisija ugotavlja, da zahteva po omejitvi pomoči na najnižjo vsoto ter po realnem in znatnem prispevku brez državne pomoči ni bila izpolnjena.
The Commission recalls the preliminary agreement with Poland on the closure of SD I dock. However, in the light of further developments following this agreement and the above conclusions on the first two conditions of the Guidelines, there is no need to assess whether the countervailing measures proposed by Poland were sufficient.
Komisija se sklicuje na predhoden dogovor s Poljsko glede zaprtja doka SD I. Vendar pa glede na nadaljnje dogodke po tem dogovoru in zgornje sklepne ugotovitve glede prvih dveh pogojev Smernic ni potrebe po oceni, ali so bili izravnalni ukrepi, ki jih je predlagala Poljska, zadostni.
Since the criteria prescribed in the Guidelines for aid to be found compatible with the common market have not been met, the Commission concludes that the measures listed in recitals 209-232 are not compatible with the common market as restructuring aid.
Ker merila iz Smernic glede združljivosti pomoči s skupnim trgom niso bila izpolnjena, Komisija ugotavlja, da ukrepi iz uvodnih izjav 209 do 232 niso združljivi s skupnim trgom kot pomoč za prestrukturiranje.
OTHER AID
DRUGA POMOČ
In its submission of 11 July 2007, Poland stated that Gdynia Shipyard had received aid ‘other than restructuring aid’.
V dopisu z dne 11. julija 2007 je Poljska navedla, da je ladjedelnica Gdynia prejela pomoč, ki „ni pomoč za prestrukturiranje“.
This aid is listed in Table 4.
Ta pomoč je navedena v razpredelnici 4.
The Commission recalls that, given that its very existence is in danger, a firm in difficulty cannot be considered as an appropriate vehicle to promote public policy objectives until such time as its viability is assured (point 20 of the Guidelines).
Komisija opozarja, da glede na to, da je obstoj podjetja ogrožen, podjetje v težavah ne more šteti k ustreznim instrumentom za spodbujanje ciljev javne politike, dokler ni zagotovljena njegova sposobnost preživetja (točka 20 Smernic).
Any aid granted to an undertaking in difficulty during the restructuring period, unless it is covered by the exemption regulations, must be notified as aid for restructuring (point 69 of the Guidelines).
Vsaka pomoč, dodeljena podjetju v težavah v postopku prestrukturiranja, razen če spada v okvir uredb o izjemah, mora biti priglašena kot pomoč za prestrukturiranje (točka 69 Smernic).
Poland has not provided any evidence that the aid referred to in Table 4 above is covered by the exemption regulations.
Poljska ni predložila nobenega dokaza, da pomoč iz razpredelnice 4 zgoraj spada v okvir uredb o izjemah.
The Commission concludes that these measures, too, are covered by the present decision and constitute illegal and incompatible restructuring aid.
Komisija ugotavlja, da so tudi ti ukrepi zajeti v uredbo ter da pomenijo nezakonito in nezdružljivo pomoč za prestrukturiranje.
The Commission finds that Poland has unlawfully granted the State aid described in recitals 209-232 in favour of Gdynia Shipyard in breach of Article 88(3) of the EC Treaty.
Komisija ugotavlja, da je Poljska nezakonito dodelila državno pomoč, opisano v uvodnih izjava 209 do 232, za ladjedelnico Gdynia, v nasprotju s členom 88(3) Pogodbe ES.
This aid is not compatible with the common market under any derogation laid down in the EC Treaty.
Ta pomoč ni združljiva s skupnim trgom po nobenem odstopanju iz Pogodbe ES.
To restore the status ex ante, the State aid has to be recovered.
Da se ponovno vzpostavi predhodni položaj, je treba izterjati državno pomoč.
V. IMPLEMENTATION
V. IZVAJANJE