natgillin/translations-raw huggingface dataset:
The aid component of the measures granted to Gdynia Shipyard presented in recitals 209-158 of the decision must be recovered.
Element pomoči ukrepov, dodeljenih ladjedelnici Gdynia in predstavljenih v uvodnih izjavah 209 do 158 te odločbe, je treba izterjati.
In general, the aid component to be recovered, i.e. the advantage received by the recipient, is equal to the difference between the terms that the recipients could obtain on the market and the terms of the measure granted.
Na splošno je element pomoči, ki ga je treba izterjati, tj. prednost, ki jo je prejemnica dobila, enak razliki med pogoji, ki bi jih prejemnica lahko dobila na trgu, in pogoji, pod katerimi so bili ukrepi dodeljeni.
The reference and discount rates announced by the Commission are applied as a proxy for the market rate to measure the aid component, in particular when aid is disbursed in several instalments, and to calculate the aid component resulting from interest subsidy schemes [79].
Referenčne in diskontne stopnje, ki jih je naznanila Komisija, se uporabljajo kot približek za tržno stopnjo za merjenje elementa pomoči, zlasti kadar je pomoč izplačana v več obrokih, in za izračun elementa pomoči, ki izhaja iz shem subvencioniranja obresti [79].
In the case of companies in difficulty, such as Gdynia Shipyard, the Commission considers that the reference rate should be increased by at least 400 basis points in order to reflect the high risk involved in the transaction and, additionally, by 200 basis points to reflect the lack of or poor collateral offered by the recipient.
V primeru podjetij v težavah, kakršno je ladjedelnica Gdynia, Komisija meni, da je treba referenčno stopnjo zvišati za najmanj 400 bazičnih točk, da bi ta odražala veliko tveganje, vključeno v transakcijo, in še za dodatnih 200 bazičnih točk, da bi odražala pomanjkanje zavarovanja oziroma slabo zavarovanje, ki ga je ponudila prejemnica.
As explained above, the value of the collateral provided by the yard is questionable in view of the company’s debt/asset ratio.
Kot je pojasnjeno zgoraj, je vrednost zavarovanja ladjedelnice vprašljiva zaradi razmerja med dolgovi in premoženjem podjetja.
When a company in difficulty cannot obtain any financing on the market, the aid component may be equivalent to as much as 100 % of the nominal value of the funds received [80].
Ko podjetje v težavah na trgu ne more pridobiti nobenega financiranja, je lahko element pomoči največ 100 % nominalne vrednosti prejetih sredstev [80].
In the Commission’s view, in the period in which Gdynia Shipyard received the aid referred to in recitals 209-232, it was in serious financial difficulties (as described in recitals 62-66) and was not able to acquire any financing on the market.
Po mnenju Komisije je bila ladjedelnica Gdynia v obdobju, ko je prejela pomoč iz uvodnih izjav 209 do 232, v hudih finančnih težavah (kot je opisano v uvodnih izjavah 62 do 66) in na trgu ni uspela pridobiti financiranja.
The yard had negative equity, continued to make losses and did not obtain virtually any financing from the market during the period under review.
Ladjedelnica je imela negativen lastniški kapital, še vedno je ustvarjala izgubo in v zadevnem obdobju na trgu ni uspela pridobiti nobenega financiranja.
In such circumstances a market economy operator would not be willing to provide the yard with any financing in view of the inherent high risk.
V takšnih okoliščinah udeleženec v tržnem gospodarstvu ladjedelnici nikakor ne bi zagotovil financiranja, in sicer zaradi povezanega visokega tveganja.
Consequently, the Commission considers that no bank would have agreed to lend to the yard, even at high interest rates, and no bank would have agreed to award a guarantee, even for a high fee.
Zato Komisija meni, da ladjedelnici nobena banka ne bi posodila denarja, niti po visokih obrestnih merah, in nobena banka ne bi dala jamstva, niti za visoko pristojbino.
Calculation of aid component for individual categories of measure
Izračun elementa pomoči za posamezne kategorije ukrepov
Since Gdynia Shipyard could not have obtained a loan or guarantee on the market, any loan or guarantee granted to it during the period under review automatically constitutes aid.
Ker ladjedelnica Gdynia na trgu ne bi uspela pridobiti posojila ali jamstva, vsako posojilo ali jamstvo, dodeljeno ladjedelnici v zadevnem obdobju pregleda, samodejno predstavlja pomoč.
Accordingly, any guarantee still outstanding has to be terminated immediately, and any loans must be immediately reimbursed.
V skladu s tem je treba vsako neporavnano jamstvo takoj prekiniti, vsa posojila pa je treba takoj izterjati.
The reimbursement of any loans granted to the yard is, however, not sufficient to restore the initial situation since until the reimbursement date the yard has had financing at its disposal that it could not normally have obtained from the market.
Izterjava posojil, dodeljenih ladjedelnici, pa ne zadostuje za obnovitev prvotnega stanja, saj je imela ladjedelnica do datuma izterjave na razpolago financiranje, ki ga na trgu ne bi mogla pridobiti.
In order to restore the initial situation, an amount should therefore also be recovered which is equivalent to the value of this advantage, the size of which can be approximated only on the basis of the interest rate charged on very risky loans.
Da se obnovi prvotno stanje, je treba izterjati znesek, ki je enak vrednosti te koristi, obseg pa je mogoče približno določiti samo na podlagi obrestne mere, ki se zaračuna za zelo tvegana posojila.
Therefore the Commission must order the recovery of the difference between the interest rate actually paid by Gdynia Shipyard and a theoretically adequate interest rate for a very high risk loan from the point in time when the loan was granted to the yard until reimbursement by the yard.
Zato mora Komisija odrediti izterjavo razlike med obrestno mero, ki jo je ladjedelnica Gdynia dejansko plačala, in teoretično ustrezno obrestno mero za zelo tvegano posojilo od trenutka, ko je bilo posojilo dodeljeno ladjedelnici, pa do trenutka, ko ladjedelnica posojilo vrne.
In connection with the need to determine the interest rate for a very high risk loan, the Commission notice on the method for setting the reference and discount rates indicates that the risk premium may be higher than 400 basis points above the reference rate ‘if no private bank would have agreed to grant the relevant loan’, which is the situation in this case.
V zvezi s potrebo po določitvi obrestne mere za zelo tvegana posojila Obvestilo Komisije o metodi določanja referenčnih in diskontnih stopenj navaja, da lahko premija za tveganje znaša več kot 400 bazičnih točk nad referenčno stopnjo, „če nobena zasebna banka ne bi odobrila ustreznega posojila“, kar velja za ta primer.
In several decisions the Commission took the view that a premium of 600 basis points above the reference rate was an adequate minimum to reflect a high risk situation [81].
V več odločbah je Komisija menila, da je premija 600 bazičnih točk nad referenčno stopnjo ustrezen minimum, ki odraža zelo tvegano stanje [81].
The Commission considers that this is the minimum for loans in the present situation.
Komisija meni, da je to minimum za posojila v zadevnem primeru.
Securities
Jamstva
The Commission will take the same approach to guarantees: it must order the recovery of the grant aid equivalent contained in the guarantee from the time of disbursement of the guaranteed loan until termination of the guarantee.
Komisija bo enako ravnala v zvezi z jamstvi: odrediti mora izterjavo ekvivalenta pomoči, vsebovanega v jamstvu od trenutka izplačila zajamčenega posojila do prekinitve jamstva.
As explained in the Commission Notice on the application of Articles 87 and 88 of the EC Treaty to State aid in the form of guarantees [82], the Commission’s view is that the grant aid equivalent is equal to either the interest subsidy obtained by virtue of the guarantee (when the guarantee covers a loan granted at a rate below the market rate) or to the amount resulting from the risk factor on the guaranteed sum, minus the premium paid for the guarantee.
Kot je pojasnjeno v Obvestilu Komisije o uporabi členov 87 in 88 Pogodbe ES za državno pomoč v obliki poroštev [82], je mnenje Komisije, da je ekvivalent pomoči enak bodisi subvencioniranju obresti, pridobljenem s pomočjo jamstva (ko jamstvo krije posojilo po stopnji, ki je nižja od tržne), ali znesku, ki izhaja iz dejavnika tveganja za zajamčeno vsoto minus premija, plačana za jamstvo.
In the event of it not being possible to calculate the aid component using these rules, the Commission would consider it appropriate to calculate the difference between the guarantee premium that would be charged on the market and the premium paid by the recipient.
V primeru, ko elementa pomoči ni mogoče izračunati s pomočjo teh pravil, Komisija meni, da se lahko izračuna razlika med premijo za jamstvo, ki bi bila zaračunana na trgu, in premijo, ki jo je plačal prejemnik.
The Commission considers that the difference calculated in this way constitutes the aid component of the guarantee.
Komisija meni, da tako izračunana razlika pomeni element pomoči jamstva.
In the Commission’s opinion, the premium charged for the free-of-State aid scheme on the basis of which the Export Credit Insurance Corporation runs its programme of export insurance guaranteed by the Treasury, endorsed by the Commission decision of 18 July 2007, could serve as the reference premium for the aforementioned calculation.
Po mnenju Komisije lahko premija, izračunana za shemo brez državne pomoči, na podlagi katere izvozno-kreditna agencija vodi svoj program izvoznega zavarovanja, za katerega jamči finančno ministrstvo, kar je potrdila odločba Komisije z dne 18. julija 2007, služi kot referenčna premija za omenjen izračun.
Again, this premium would need to be increased by at least 400 basis points to reflect the fact that the yard was not eligible for guarantees under the scheme.
To premijo bi bilo treba povišati za najmanj 400 bazičnih točk, da bi odražala dejstvo, da ladjedelnica po tej shemi ni bila upravičena do jamstev.
As such, the guarantees given to the yard involved a considerably higher risk.
Jamstva, dodeljena ladjedelnici, so vključevala zelo visoko tveganje.
As explained above, given that the yard would not be able to acquire any guarantees on the market owing to its precarious financial situation, in order to stop the distortion of competition created by the aid the outstanding guarantees must be terminated immediately.
Kot je pojasnjeno zgoraj, glede na to, da ladjedelnica na trgu ne bi mogla pridobiti jamstev zaradi negotovega finančnega stanja, je treba neporavnana jamstva takoj preklicati, da se ustavi izkrivljanje konkurence, ki ga je ustvarila pomoč.
Advance payment guarantees
Jamstva za predplačila
In the case of guarantees for advance payments, the Commission notes that advance payments guaranteed by the Export Credit Insurance Corporation are a type of sale contract, not a loan contract, and that no interest is charged on advance payments.
V primeru jamstev za predplačila Komisija ugotavlja, da so predplačila, za katera jamči izvozno-kreditna agencija, vrsta prodajne pogodbe in ne pogodbe o posojilu, in da za predplačila niso zaračunane obresti.
Therefore the Commission considers that, in order to calculate the aid component received by the recipient, a comparison should be envisaged between the premium paid by the yard and the premium which would normally be charged on the market.
Zato Komisija meni, da je treba za izračun elementa pomoči, ki jo je prejela prejemnica, izvesti primerjavo med premijo, ki jo je plačala ladjedelnica, in premijo, ki bi bila običajno zaračunana na trgu.
Again, the free-of-State aid scheme used by the Export Credit Insurance Corporation may serve as a reference reflecting the fees charged on the market, and such reference fees should be increased to reflect the additional risk involved when granting aid to a company in financial difficulty.
Shema brez državne pomoči, ki jo uporablja izvozno-kreditna agencija, lahko služi kot referenca, ki odraža pristojbine, zaračunane na trgu, in takšne referenčne pristojbine je treba povišati, da odražajo dodatno tveganje, ki je prisotno, ko se dodeli pomoč podjetju v finančnih težavah.
As is the case for the other guarantees received by the yard and for the same reasons, the Commission notes that any existing Export Credit Insurance Corporation guarantees should be terminated immediately.
Kot v primeru drugih jamstev, ki jih je prejela ladjedelnica, in iz istega razloga, Komisija ugotavlja, da je treba vsa obstoječa jamstva izvozno-kreditne agencije takoj preklicati.
Non-enforcement of debts
Neizvršba odločb o poplačilu dolgov
Continuous non-enforcement of debts by public authorities also constitutes State aid and must be taken into account [83].
Nenehna neizvršba odločb o plačilu dolgov s strani javnih organov prav tako predstavlja državno pomoč in jo je treba upoštevati [83].
It is similar to a revolving loan granted on preferential conditions and therefore the aid component corresponds to the difference between the interest that would be charged by the market (for a company with a similar rating in a similar financial and economic situation and with similar collateral) and the interest charged by the awarding authority.
Podobna je revolving posojilu, dodeljenemu pod ugodnimi pogoji, in zato element pomoči ustreza razliki med obrestmi, ki bi bile zaračunane na trgu (za podjetje s podobno bonitetno oceno v podobnem finančnem in gospodarskem stanju in s podobnim zavarovanjem), in obrestmi, ki jih je zaračunal organ, ki je posojilo dodelil.
In view of the yard’s continuing precarious financial situation, the Commission is of the opinion that a market economy creditor would enforce its receivables immediately when they fell due.
V luči stalnega negotovega finančnega stanja ladjedelnice Komisija meni, da bi upnik v tržnem gospodarstvu svoje terjatve izvršil takoj po zapadlosti.
Therefore the fact that the Polish authorities did not undertake enforcement measures immediately constituted aid and thus the maturity date of any unrepaid liability would be the date on which the aid was made available.
Zato dejstvo, da poljski organi ukrepov za izterjavo niso sprejeli takoj, predstavlja pomoč in zato je datum zapadlosti vsake neporavnane obveznosti datum, ko je bila pomoč dana na voljo.
The aid component would be equal to the difference between the interest that would be charged on the market (for a company with a similar rating in a similar financial and economic situation and with similar collateral) and the interest charged by the awarding authority.
Element pomoči bi bil enak razliki med obrestmi, ki bi bile zaračunane na trgu (za podjetje s podobno bonitetno oceno v podobnem finančnem in gospodarskem stanju in s podobnim zavarovanjem), in obrestmi, ki jih je zaračunal organ, ki je pomoč dodelil.
As any market economy operator would require immediate repayment of debts by the yard, not only the aid component resulting from the insufficient interest charged must be repaid but, in addition, accumulated liabilities must be repaid immediately.
Ker bi od ladjedelnice vsak udeleženec v tržnem gospodarstvu zahteval takojšnje plačilo dolgov, je poleg elementa pomoči, ki izhaja iz nezaračunanih obresti, takoj poplačati tudi akumulirane obveznosti.
Cancellation of debt
Odpis dolgov
Any cancellation of debt is equivalent to a non-repayable grant and the whole part of the debt that has been written off therefore constitutes aid.
Vsak odpis dolgov je enak nepovratnim sredstvom in zato celoten del dolgov, ki je bil odpisan, pomeni pomoč.
Public-law debts restructured under Chapter 5a
Dolgovi po javnem pravu, prestrukturirani po poglavju 5a
Under the Act of 30 October 2002, public liabilities restructured under Chapter 5a are transferred to the Operator, a company fully owned by the Industrial Development Agency, together with asset components which should be worth at least 25 % of the restructured liabilities.
Po Zakonu z dne 30. oktobra 2002 se javne obveznosti, prestrukturirane po poglavju 5a, prenesejo na nosilca dejavnosti, tj. podjetje v izključni lasti Industrijske razvojne agencije, skupaj s komponentami sredstev, ki morajo biti vredne najmanj 25 % prestrukturiranih obveznosti.
The Operator should then sell these assets and use the revenue thus obtained to repay part of the public-law liabilities.
Nosilec dejavnosti mora nato ta sredstva prodati in prihodek uporabiti za poplačilo dela obveznosti po javnem pravu.
The remainder of these liabilities is then written off by the competent authorities.
Preostale obveznosti pristojni organi nato odpišejo.
The Commission therefore considers that the State aid component of this transaction is equal to the value of the public-law liabilities transferred to the Operator, minus the actual value of the assets transferred.
Komisija zato meni, da je element državne pomoči te transakcije enak vrednosti obveznosti po javnem pravu, ki so bile prenesene na nosilca dejavnosti, minus dejanska vrednost prenesenih sredstev.
According to the Act of 30 October 2002, this would mean that the aid component is equivalent to 75 % of the transferred liabilities at most.
V skladu z Zakonom z dne 30. oktobra 2002 bi to pomenilo, da je element pomoči enak največ 75 % prenesenih obveznosti.
However if the value of the assets is higher or lower than the 25 % required by law, the aid component needs to be calculated accordingly.
Vendar če je vrednost teh sredstev višja ali nižja od 25 %, ki jih zahteva zakon, je treba element pomoči izračunati skladno s tem.
The Commission notes that capital injections by the State or State-controlled bodies such as the Industrial Development Agency and KPS into companies in difficulty, where no return can be expected are regarded as non-repayable grants [84].
Komisija upošteva, da se dokapitalizacije podjetij v težavah s strani države ali državnih organov, kot sta Industrijska razvojna agencija in KPS, kjer ni mogoče pričakovati vračila, obravnavajo ko nepovratna sredstva [84].
To undo the distortion of competition caused by the capital injection, the yard would have to repay the full amount of the capital injected.
Da popravi izkrivljanje konkurence, ki ga je povzročila dokapitalizacija, mora ladjedelnica vrniti celoten znesek dokapitalizacije.
Implementing arrangements
Dogovori o izvajanju
By letter of 3 November 2008, Poland undertook to implement this decision by way of a sale of assets at the market price through an open, transparent, unconditional and non-discriminatory tender (conducted in accordance with the specific conditions first set out in the Commission’s letter of 27 October 2008), and the subsequent liquidation of Gdynia Shipyard.
Z dopisom z dne 3. novembra 2008 se je Poljska zavezala, da bo to odločbo izvedla s pomočjo prodaje sredstev po tržnih cenah prek odprtega, preglednega, brezpogojnega in nediskriminatornega javnega razpisa (izvedenega v skladu s posebnimi pogoji, prvič določenimi v dopisu Komisije z dne 27. oktobra 2008) in poznejšo likvidacijo ladjedelnice Gdynia.
All recovery claims resulting from the present decision must be registered by Poland without delay within the framework of the liquidation of Gdynia Shipyard.
Vse zahtevke za izterjavo, ki izhajajo iz te odločbe, mora Poljska takoj registrirati v okviru likvidacije ladjedelnice Gdynia.
By letter of 6 November 2008 the Commission informed Poland that, provided these conditions were met, the sale of assets would not involve new aid to the buyer(s) and the assets could be transferred to the buyer(s) free of any liability resulting from the repayment of the unlawful and incompatible State aid granted to the yards in the past in accordance with the requirement to avoid economic continuity between the aid recipients and the buyers’ activity [85].
Z dopisom z dne 6. novembra 2008 je Komisija Poljsko obvestila, da pod pogojem, da so bili ti pogoji izpolnjeni, prodaja premoženja ne bo vključevala nove pomoči kupcu (kupcem) in da se premoženje kupcu (kupcem) prenese brez obveznosti, ki izhajajo iz odplačila nezakonite in nezdružljive državne pomoči, dodeljene ladjedelnicam v preteklosti v skladu z zahtevo, da se izogne gospodarski kontinuiteti med prejemnico pomoči in dejavnostjo kupca [85].
The Commission will closely monitor whether the conditions set out in its letter of 27 October 2008 and accepted by the Polish authorities are met in order to determine whether this decision was implemented correctly.
Komisija bo pozorno spremljala, ali so pogoji, določeni v njenem dopisu z dne 27. oktobra 2008 in sprejeti s strani poljskih organov, izpolnjeni, z namenom ugotovitve, ali je bila ta odločba ustrezno izvedena.
These conditions, which Poland has explicitly undertaken to comply with, are summarised as follows.
Ti pogoji, za katere se je Poljska izrecno zavezala, da jih bo izpolnila, so povzeti v nadaljevanju.
The assets (without liabilities) will be privatised by way of an open, transparent, non-discriminatory and unconditional tender.
Sredstva (brez obveznosti) bodo privatizirana prek odprtega, preglednega, nediskriminatornega in brezpogojnega javnega razpisa.
Gdynia Shipyard, together with any remaining assets and liabilities, will be liquidated.
Ladjedelnica Gdynia bo likvidirana skupaj s preostalim premoženjem in obveznostmi.
The assets must be sold at the market price (to the highest bidder).
Premoženje je treba prodati po tržnih cenah (najboljšemu ponudniku).
Asset components must be put up for sale separately or in a large number of small bundles defined in order to maximise the sale.
Komponente premoženja je treba prodati ločeno ali v več manjših sklopih, z namenom iztržiti čim več.
These bundles must not consist of organised parts of a company or business.
Ti sklopi ne smejo biti sestavljeni iz organiziranih delov podjetja ali poslovanja.
However, this definition of the bundles should not prevent potential buyers from presenting a joint bid for several components/bundles.
Vendar pa lahko potencialni kupci vložijo skupno ponudbo za več komponent/sklopov.
The tender must be non-discriminatory, i.e. it must ensure that the sale is open to all profiles of potential buyer, without any discrimination as to the purpose of their investment.
Javni razpis ne sme biti diskriminatoren, tj. zagotoviti je treba, da je prodaja odprta za vse profile potencialnih kupcev brez diskriminacije v zvezi z namenom njihovih naložb.
No conditions may be attached to the tender (such as maintaining employment or the activity, or the takeover of existing contracts).
Razpis ne sme vsebovati nobenih pogojev (kot npr. ohranjanje števila zaposlenih ali dejavnosti ali prevzem obstoječih pogodb).
(The sole criterion for selecting the winning bid should be to maximise revenue for the benefit of the yard’s creditors).
(Edino merilo za izbiro zmagovalne ponudbe mora biti najvišji prihodek v korist upnikov ladjedelnice).
The yard’s creditors, public and private, including the yard’s clients, should have the same ranking and rights as regards the proceeds from the sale of assets that they would have in a bankruptcy procedure.
Upniki ladjedelnice, javni in zasebni, vključno s strankami ladjedelnice, morajo biti enako razvrščeni in imeti enake pravice v zvezi s prihodki iz prodaje premoženja, kakršne bi imeli v stečajnem postopku.
No new State aid will be granted in the context of the sale, be it in the form of a write-off, State-funded repayment of public-law liabilities or repayment of private creditors, capital injections, loans, guarantees or other measures.
V okviru prodaje ne bo dodeljena nobena nova državna pomoč, naj bo v obliki odpisa, poplačila obveznosti po javnem pravu ali poplačila zasebnih upnikov iz državnih sredstev, dokapitalizacije, posojil, jamstev ali drugih ukrepov.
Any new public-law liabilities accumulated during the period necessary to complete the sale procedure should be claimed back from the liquidation mass.
Vsako novo obveznost po javnem pravu, ki se akumulira v obdobju, potrebnem za zaključek postopka prodaje, je treba izterjati iz likvidacijske mase.
The sale will be conducted by an independent administrator, with similar rights and obligations to a bankruptcy receiver.
Prodajo bo izvedel neodvisni skrbnik, s podobnimi pravicami in obveznostmi kot stečajni upravitelj.