natgillin/translations-raw huggingface dataset:
As regards the exceptional costs relating to the restructuring of Combus, Arriva estimates that they will be DKK 35,6 million for the period 2001/02.
Kar zadeva izredne stroške, povezane s prestrukturiranjem podjetja Combus, podjetje Arriva ocenjuje, da bodo v obdobju 2001/2002 znašali 35,6 milijona DKK.
Approximately DKK 15 million relates to necessary dismissals in order to reduce general expenses [26].
Približno 15 milijonov DKK je povezanih s potrebnimi odpustitvami z namenom zmanjšanja splošnih stroškov [26].
The outstanding amount relates to the integration of the respective companies IT systems (DKK 5 million), to the purchase of new bus driver uniforms (DKK 7,2 million), to legal and economical expenses related to the merger and the restructuring (DKK 7 million) and finally to other small expenses (DKK 2,5 million).
Preostali znesek se nanaša na integracijo informacijskih sistemov zadevnih podjetij (5 milijonov DKK), nakup novih uniform za voznike avtobusov (7,2 milijona DKK), pravne in gospodarske stroške, povezane z združitvijo in prestrukturiranjem (7 milijonov DKK), in druge manjše stroške (2,5 milijona DKK).
Arriva also intends to cut costs by successively terminating all of Combus’ loss-making contracts.
Podjetje Arriva namerava zmanjšati stroške tudi tako, da postopoma prekine vse pogodbe podjetja Combus, ki prinašajo izgubo.
Furthermore, Arriva proposes to make reserves in relation to the expiration of the contracts in Copenhagen and Aalborg, due to the risk that these city buses cannot be used to traffic other routes, as they are either out of date (as for Copenhagen, the reserve will amount to DKK 45 million) or too specific to be used in another city (as for Aalborg, the reserve will amount to DKK 18 million).
Poleg tega podjetje Arriva predlaga oblikovanje rezerv v zvezi s potekom pogodb v Kobenhavnu in Aalborgu zaradi tveganja, da teh mestnih avtobusov ne bo mogoče uporabiti v prometu na drugih linijah, ker so bodisi zastareli (za Kobenhaven bo rezerva znašala 45 milijonov DKK) ali preveč specifični, da bi se uporabljali v drugem mestu (za Aalborg bo rezerva znašala 18 milijonov DKK).
The restructuring plan foresees that Combus will return to economic viability as from 2006, thanks to the measures taken by Arriva.
Načrt prestrukturiranja predvideva, da bo podjetje Combus pridobilo sposobnost ekonomskega preživetja z letom 2006 zaradi ukrepov, ki jih bo sprejelo podjetje Arriva.
Table 8 shows the forecasts for the turnover and the profits/losses of Combus for the period 2000 to 2007.
Tabela 8 prikazuje napovedan promet in poslovni izid podjetja Combus za obdobje 2000–2007.
Forecasts for the turnover and the profits/losses for period 2000-2007
Napoved prometa in poslovnega izida za obdobje 2000–2007
Profit/Loss
Poslovni izid
Description of the financing of the restructuring
Opis financiranja prestrukturiranja
The financing of the restructuring costs is achieved through:
Stroški prestrukturiranja se lahko financirajo:
The restructuring aid granted by the Danish government,
s pomočjo za prestrukturiranje od danske vlade,
The restructuring of Combus’ debt, and
s prestrukturiranjem dolga podjetja Combus in
The own contribution of Combus and Arriva.
z lastnim prispevkom podjetij Combus in Arriva.
The details of the contribution of the Danish government are explained in the description of the privatisation process above.
Podrobnosti prispevka danske vlade so pojasnjene v zgornjem opisu postopka privatizacije.
A table summarising the contributions can be found in the next section.
Tabela s povzetkom prispevkov je v naslednjem oddelku.
The contribution of Combus’ private creditors consisted in a write-off of debts of DKK 100 million.
Prispevek zasebnih upnikov podjetja Combus je odpis dolgov v višini 100 milijonov DKK.
The own contribution of Combus and Arriva consisted in the following elements:
Lasten prispevek podjetij Combus in Arriva je bil sestavljen iz naslednjih elementov:
The pay-off of the remaining loans immediately after the purchase,
poplačilo preostalih posojil takoj po nakupu,
Direct contribution to the restructuring costs of DKK 33,6 million,
neposreden prispevek k stroškom prestrukturiranja v višini 33,6 milijona DKK,
The sale, at a price of DKK 113,9 million, of 50 % of Combus to Connex by Arriva,
prodaja 50 % podjetja Combus podjetju Connex s strani podjetja Arriva za ceno 113,9 milijona DKK,
The sales price of DKK 100.
prodajna cena 100 milijonov DKK.
The savings foreseen in the restructuring plan, explained above.
prihranki, predvideni v zgoraj obrazloženem načrtu prestrukturiranja.
SUMMARY OF THE FINANCIAL SUPPORT OF THE DANISH STATE TO COMBUS
POVZETEK O FINANČNI PODPORI, KI JO JE DANSKA DRŽAVA ZAGOTOVILA PODJETJU COMBUS
In table 11 of the initial decision and in recital 68 and Table 8 in the decision to initiate the procedure, the Commission summarised the restructuring measure paid to Combus by the Danish State.
V tabeli 11 prvotne odločbe ter v uvodni izjavi 68 in tabeli 8 odločitve o sprožitvi postopka je Komisija povzela ukrep prestrukturiranja, ki ga je podjetju Combus plačala danska država.
There is an apparent discrepancy between the numbers, which is explained by the fact that table 7 in the initial decision expresses the amounts in 2001 in net present value, whereas table 8 of the decision to initiate the procedure expresses the amounts in real terms.
Zneski se očitno ne ujemajo, kar pojasnjuje dejstvo, da tabela 7 iz prvotne odločbe vsebuje zneske za leto 2001 v neto sedanji vrednosti, tabela 8 odločitve o sprožitvi postopka pa realne zneske.
The Danish government, in its observations, drew the Commission’s attention to the fact that DKK 100 million being shown twice in table 8 of the decision to initiate the procedure was misleading as Combus had only received this amount once [27].
Danska vlada je v svojih opažanjih Komisijo opozorila na dejstvo, da je 100 milijonov DKK dvakrat prikazanih v tabeli 8 odločitve o sprožitvi postopka, kar je zavajajoče, saj je podjetje Combus ta znesek prejelo le enkrat [27].
The Commission, in view of this observation of the Danish government, has adjusted the table, as can be seen in Table 9 below.
Glede na to ugotovitev danske vlade je Komisija popravila tabelo, kot je razvidno iz tabele 9 spodaj.
Corrected summary of the financial support of the Danish State to Combus, in real terms
Popravljen povzetek finančne podpore, ki jo je danska država zagotovila podjetju Combus, v realnih zneskih
Type of support
Vrsta podpore
Provision in the opening accounts for civil servants (this payment has been authorised through the part of the initial decision that the CFI upheld)
Rezervacije v otvoritveni bilanci za javne uslužbence (to plačilo je bilo odobreno na podlagi dela prvotne odločbe, ki jo je potrdilo SPS)
One time payment to civil servants for statute change (this payment has been authorised through the part of the initial decision that the CFI upheld)
Enkratno plačilo javnim uslužbencem zaradi spremembe njihovega statusa (to plačilo je bilo odobreno na podlagi dela prvotne odločbe, ki jo je potrdilo SPS)
Capital increase
Dokapitalizacija
Subordinated loan
Podrejen dolg
(This subordinated loan has been written off in 2001)
(Ta podrejen dolg je bil odpisan leta 2001.)
Guarantees (see detailed description below table 9)
Jamstva (glej podroben opis pod tabelo 9)
2001 and following
2001 in naprej
In Table 8 of the decision to initiate the procedure, the Commission stated the maximum amount of the guarantees provided in 2001 in connection with the conclusion of the sales agreement with Arriva.
V tabeli 8 odločitve o sprožitvi postopka je Komisija navedla največji znesek jamstev, danih leta 2001, v povezavi s sklenitvijo prodajne pogodbe s podjetjem Arriva.
In Table 10 below, in addition to the maximum cover, the Commission shows also for information the actual amounts paid in relation to the guarantees at the end of February 2005.
Komisija v spodnji tabeli 10 poleg najvišjega kritja prikazuje tudi informacije o dejanskih zneskih, izplačanih v zvezi z jamstvi, konec februarja 2005.
Summary of claims and payments from the guarantees provided
Povzetek terjatev in plačil iz naslova danih jamstev
Maximum cover
Najvišje kritje
Amount paid
Plačani znesek
Environmental costs
Okoljski stroški
DKK 22,5 million
22,5 milijona DKK
No payments
Brez plačil
Reduction in equity capital
Zmanjšanje lastniškega kapitala
DKK 35,5 million
35,5 milijona DKK
DKK 20,5 million
20,5 milijona DKK
Further commitments in relation to the equity capital guarantee
Dodatne zaveze v povezavi z jamstvom za lastniški kapital
DKK 0,9 million
0,9 milijona DKK
Tax demand from the period prior to the transfer of Combus
Davčni zahtevek iz obdobja pred prenosom podjetja Combus
Claims for payment of DKK 6,2 million have been submitted (current case at the National Tax Tribunal)
Predloženi so bile zahtevki za plačilo v višini 6,2 milijona DKK (sedanji primer na nacionalnem davčnem sodišču).
Losses as a result of civil servants previously employed
Izgube zaradi nekdanjih javnih uslužbencev
No claims or payments
Brez terjatev ali plačil
Losses in connection with the sale of Combus International (Comfort Bus Danmark A/S)
Izgube v zvezi s prodajo podjetja Combus International (Comfort Bus Danmark A/S)
DKK 9,5 million (partial repayment of the payment of dividends from Comfort Bus Denmark A/S u/k)
9,5 milijona DKK (delno poplačilo izplačila dividend podjetja Comfort Bus Denmark A/S u/k.)
Any losses related to the audit investigation into Combus A/S
Vse izgube, povezane z revizijsko preiskavo podjetja Combus A/S
DKK 37,1 million
37,1 milijona DKK
The two previous tables can be summarised as follows:
Zgornji dve tabeli lahko povzamemo tako:
Summary of State support
Povzetek državne podpore
Measure and year
Ukrep in leto
Capital increase, 1999
Dokapitalizacija, 1999
Subordinated loan, 1999
Podrejen dolg, 1999
Written off in 2001
Odpisan leta 2001
Capital increase, 2001
Dokapitalizacija, 2001
Total amount paid under guarantees, 2001
Skupni znesek, izplačan iz naslova jamstev, 2001
The cap of limited guarantees was DKK 58,9 million, out of which DKK 21,4 million have been drawn upon; for the unlimited guarantees, a total of DKK 15,7 million has been drawn
Zgornja meja omejenih jamstev je bila 58,9 milijona DKK, od katerih je bilo 21,4 milijona DKK črpanih; od neomejenih jamstev je bilo črpanih skupno 15,7 milijona DKK.
Total 1999
Skupaj 1999
Expressed in real 1999 terms
Izraženo v realni vrednosti za leto 1999
Total 2001
Skupaj 2001
Expressed in real 2001 terms
Izraženo v realni vrednosti za leto 2001
The above figures slightly deviate from both the figures set out in the initial decision, table 7, and the figures set out in the decision to initiate the procedure.
Zgoraj navedeni podatki nekoliko odstopajo od zneskov, navedenih v tabeli 7 prvotne odločbe, in od zneskov v odločitvi o sprožitvi postopka.
These deviations are explained by the fact that the initial decision had converted the numbers into 2001 net present value, and that both the initial decision and the decision to initiate proceedings were not coherent as to the calculation of the monetary value of the guarantees.
Ta odstopanja pojasnjuje dejstvo, da so v prvotni odločbi zneski pretvorjeni v neto sedanjo vrednost za leto 2001 ter da prvotna odločba in odločitev o sprožitvi postopka nista skladni, kar zadeva izračun denarne vrednosti jamstev.
DEVELOPMENT OF ARRIVA/COMBUS AFTER THE PRIVATISATION
RAZVOJ PODJETJA ARRIVA/COMBUS PO PRIVATIZACIJI
After the share sale agreement had been entered into on 2 April 2001 [28], Arriva proceeded as follows:
Po sklenitvi pogodbe o prodaji delnic 2. aprila 2001 [28] je podjetje Arriva nadaljevalo na naslednji način:
Combus became a 100 % subsidiary of Arriva.
Podjetje Combus je postalo 100-odstotno odvisno podjetje podjetja Arriva.
In an agreement of 11 April 2001, Arriva Scandinavia A/S, another 100 % subsidiary of Arriva, acquired from Combus assets and financial liabilities in exchange of one share in Arriva Scandinavia, which has a nominal value of DKK 1000.
S pogodbo z dne 11. aprila 2001 je Arriva Scandinavia a/s, prav tako 100-odstotno odvisno podjetje podjetja Arriva, kupilo od podjetja Combus sredstva in finančne obveznosti v zameno za eno delnico v podjetju Arriva Scandinavia z nominalno vrednostjo 1000 DKK.
The assets and liabilities included in this agreement are listed and specified in the sales contract.
Sredstva in obveznosti, ki jih zajema ta pogodba, so navedena in opredeljena v prodajni pogodbi.
They cover all assets and all liabilities on the books of Combus on that day.
Vključujejo vsa izkazana sredstva in obveznosti podjetja Combus na ta dan.
On 1 May 2001, 50 % of the assets (i.e. contracts, busses, and infrastructure), owned by Combus at the time of the sale of the company to Arriva, were transferred to Connex by Arriva Scandinavia A/S for a cash price of DKK 113,9 million (see detailed explanation above).
Dne 1. maja 2001 je podjetje Arriva Scandinavia A/S preneslo 50 % sredstev (tj. pogodbe, avtobusi in infrastruktura), ki so bili v lasti podjetja Combus v času, ko je bilo prodano podjetju Arriva, na podjetje Connex za gotovinsko ceno 113,9 milijona DKK (glej podrobno pojasnilo zgoraj).
THE COMMISSION’S DOUBTS
DVOMI KOMISIJE
In recital 121 of the decision to initiate the procedure, the Commission stated five doubts.
V uvodni izjavi 121 odločitve o sprožitvi postopka je Komisija navedla pet dvomov.
The first concerns the question of whether the 1999 and the 2001 restructuring measures constitute two separate measures, or whether they should be assessed as one single measure.
Prvi zadeva vprašanje, ali ukrepa prestrukturiranja v letih 1999 in 2001 zajemata dva ločena ukrepa ali ju je treba ocenjevati kot en sam ukrep.
The subsequent four doubts concern the private investor test, and the assessment of the restructuring measures under the 1994 and/or 1999 restructuring guidelines, in case they constitute State aid.
Preostali štirje dvomi zadevajo test zasebnega vlagatelja in oceno ukrepov prestrukturiranja po smernicah o prestrukturiranju iz leta 1994 in/ali 1999, v primeru da pomenijo državno pomoč.
COMMENTS FROM DENMARK AND INTERESTED PARTIES
PRIPOMBE DANSKE IN ZAINTERESIRANIH STRANI
REPLY OF THE DANISH GOVERNMENT
ODGOVOR DANSKE VLADE
The comments of the Danish government concern the possibility to terminate Combus’ public service contracts, the private investor principle and the compatibility of the aid with the 1999 restructuring guidelines.
Pripombe danske vlade se nanašajo na možnost prekinitve pogodb za javna naročila storitev podjetja Combus, načelo zasebnega vlagatelja in združljivost pomoči s smernicami o prestrukturiranju iz leta 1999.
THE TERMINATION OF COMBUS’ PUBLIC SERVICE CONTRACTS
PREKINITEV POGODB ZA JAVNA NAROČILA STORITEV PODJETJA COMBUS
The Danish government considers that, contrary to what the Commission had stated in its decision to initiate the procedure, public service contracts concluded according to Article 14 of Regulation (EEC) No 1191/69 cannot be terminated before their expiry.
Danska vlada je mnenja, da v nasprotju z navedbo Komisije v njeni odločitvi o sprožitvi postopka pogodb za javna naročila storitev, sklenjenih skladno s členom 14 Uredbe (EGS) št. 1191/69, ni mogoče prekiniti pred iztekom.
The Danish government points out in this respect that the Commission had obviously misinterpreted Article 14(4) of Regulation (EEC) No 1191/69 in its decision to initiate the procedure.
V zvezi s tem danska vlada poudarja, da je Komisija v svoji odločitvi o sprožitvi postopka očitno napačno razlagala člen 14(4) Uredbe (EGS) št. 1191/69.
It draws the Commission’s attention to the fact that, as expressly stated in the provision, a transport service may be terminated in accordance with Article 14(4) only if the transport service is not covered by the contract system or the public service obligation.
Komisijo opozarja na to, da je, kot izrecno navaja določba, prevozne storitve mogoče prekiniti v skladu s členom 14(4), samo če prevozna storitev ni vključena v pogodbeni sistem ali v obveznost javne službe.
The contracts that Combus had entered into were covered by the contract system, as they were general contracts won during tendering rounds.
Pogodbe, ki jih je sklenilo podjetje Combus, so bile vključene v pogodbeni sistem, saj so bile splošne pogodbe, dodeljene med razpisnimi krogi.
This was confirmed by the CFI in paragraph 78 and following of the Combus judgment.
To je potrdilo SPS v točki 78 in po sodbi Combus.
The contracts could not, therefore, be terminated on the basis of Article 14(4).
Zato se pogodb ni smelo prekiniti na podlagi člena 14(4).
If Combus however had interrupted, discontinued or in any other way sought to end the transport agreements entered into without having any legal basis for doing so in the contracts, the company would in fact have been liable for breach of contract under Danish civil law.
Če bi podjetje Combus prekinilo, ustavilo ali na kateri drug način želelo končati sklenjene prevozne pogodbe, ne da bi imelo kakršno koli pravno podlago za to v pogodbah, bi bilo odgovorno zaradi kršitve pogodbe po danskem civilnem pravu.
APPLICATION OF THE MARKET ECONOMY INVESTOR PRINCIPLE
UPORABA NAČELA VLAGATELJA POD TRŽNIMI POGOJI
The Danish government considers that the measures taken by the Danish government in the present case should be regarded as investments made in accordance with the Market Economy Investor Principle.
Danska vlada meni, da je treba ukrepe, ki jih je uvedla danska vlada v pričujočem primeru, upoštevati kot naložbe v skladu z načelom vlagatelja pod tržnimi pogoji.
In reply to recital 89 of the decision to initiate the procedure, where the Commission had stated that a private investor might have conducted itself as the Danish State did, if it was going to be less costly to restructure the company with a view to a sale than to allow it to go bankrupt, the Danish government concedes that in the case at issue, the direct losses in the event of bankruptcy would not have exceeded the loss made in the sale.
V odgovor na uvodno izjavo 89 odločitve o sprožitvi postopka, kjer je Komisija navedla, da bi se zasebni vlagatelj lahko obnašal kot danska država, če bi bilo ceneje prestrukturirati podjetje z namenom prodaje, kot pa pustiti, da gre v stečaj, danska vlada priznava, da v zadevnem primeru neposredne izgube v primeru stečaja ne bi presegle izgube, ustvarjene ob prodaji.
However, despite the fact that at face value, the sale was therefore ‘more expensive’ than a bankruptcy, a sale was nevertheless preferred by the Danish government.
Toda kljub temu, da je bila glede na nominalno vrednost prodaja „dražja“ kot stečaj, je bila to za dansko vlado vseeno bolj zaželena možnost.
Indeed, the Danish government, following the analysis provided by its advisers, considered that it would probably have been more costly in the long term to allow Combus to go bankrupt than to sell the company, due to latent indirect losses and damage to future privatisations.
Dejansko je bila danska vlada po analizi svojih svetovalcev mnenja, da bi bilo zaradi skritih posrednih izgub in škode za prihodnje privatizacije dolgoročno verjetno dražje dovoliti, da gre podjetje Combus v stečaj, kot da se ga proda.
In order to underline these considerations, the Danish government presents a ‘group assessment’ of the decision to privatise Combus and argues that, with regard to the prospect of future privatisations, it was important to preserve the State’s reputation.
Da bi poudarila ta stališča, danska vlada predstavlja „skupinsko oceno“ odločitve o privatizaciji podjetja Combus in trdi, da je bilo z vidika prihodnjih privatizacij pomembno ohraniti ugled države.
The ‘group assessment’
„Skupinska ocena“
In the view of the Danish government, Member States’ investments cannot simply be compared with those of ordinary private investors, as the latter normally require a return on the investment in a far shorter time.
Po mnenju danske vlade naložb držav članic ni mogoče preprosto primerjati z naložbami običajnih zasebnih vlagateljev, saj slednji navadno zahtevajo donos na naložbo v veliko krajšem času.
In this connection, it considers that the Court of Justice has accepted in many cases that the State as an investor is more likely to act in the same manner as holding companies or private business groups which pursue a more long-term investment policy taking account of a global or sectoral company strategy [29].
V zvezi s tem meni, da je Sodišče Evropskih skupnosti v mnogih primerih priznalo, da se država kot vlagatelj veliko verjetneje obnaša enako kot holdingi ali zasebne poslovne skupine, ki izvajajo dolgoročnejšo naložbeno politiko, upoštevajoč globalno ali sektorsko strategijo podjetja [29].
The Danish government quotes in particular Case C-305/89, Italy v Commission [30]:
Danska vlada navaja konkreten primer C-305/89, Italija/Komisija [30]:
‘Although the conduct of a private investor with which the intervention of the public investor pursuing economic policy aims must be compared need not be the conduct of an ordinary investor laying out capital with a view to realising a profit in the relatively short term, it must at least be the conduct of a private holding company or a private group of undertakings pursuing a structural policy — whether general or sectoral — and guided by prospects of profitability in the longer term.’
„Čeprav ravnanje zasebnega vlagatelja, s katerim je treba primerjati intervencijo javnega vlagatelja, ki sledi ciljem ekonomske politike, ni nujno ravnanje običajnega vlagatelja, ki vloži sredstva zaradi njihove donosnosti v bolj ali manj kratkem roku, pa mora biti vsaj ravnanje zasebnega holdinga ali skupine zasebnih podjetij, ki sledijo strukturni politiki, globalni ali sektorski – ter jih vodijo dolgoročne perspektive donosnosti.“
The Danish government argues that it was taking the same approach when assessing whether to allow Combus to go bankrupt.
Danska vlada trdi, da je uporabila enak pristop pri presoji, ali naj dovoli stečaj podjetja Combus.
The State’s reputation
Ugled države
The Danish government maintains its position, set out in recitals 86 and 87 of the decision to initiate the procedure, with regard to consideration for the State’s reputation and the references to Case C-303/88, Italy v Commission, made in that connection.
Danska vlada vztraja pri svojem stališču, opredeljenem v uvodnih izjavah 86 in 87 odločitve o sprožitvi postopka, kar zadeva ugled države in sklicevanja na zadevo C-303/88, Italija/Komisija v zvezi s tem.
The Danish government recalls that the Commission has previously noted — for example in its intervention at the CFI, quoted in the last point of paragraph 106 of the Combus judgment — that ‘a rollback of public-sector involvement generally serves to promote free trade’.
Danska vlada opozarja, da je Komisija predhodno omenila – na primer pri svojem posredovanju pri SPS, kot je navedeno na koncu točke 106 sodbe Combus –, da „zmanjšanje udeležbe javnega sektorja na splošno pripomore k spodbujanju proste trgovine“.
For the Danish government, the connection between the State’s image as a company owner and the privatisation of public companies is therefore clear: only if the State is allowed to protect its reputation as a company owner and a serious and responsible investor can future privatisation be ensured, leading to increased competition and an improvement in the market situation for operators on that market throughout the EU.
Za dansko vlado je zato povezava med podobo države kot lastnika podjetja in privatizacijo javnih podjetij jasna: le če je državi omogočeno, da zaščiti svoj ugled kot lastnica podjetja ter kot resna in odgovorna vlagateljica, se lahko zagotovi privatizacija v prihodnosti, ki vodi k večji konkurenci in boljšim tržnim razmeram za prevoznike na zadevnem trgu v vsej EU.
The aid measures in connection with restructuring and privatisation of Combus were, according to the Danish government, very much based on consideration for the State’s reputation as an employer, investor and company owner.
Ukrepi pomoči, povezani s prestrukturiranjem in privatizacijo podjetja Combus, so bili po navedbah danske vlade v veliki meri zasnovani ob upoštevanju ugleda države kot delodajalke, vlagateljice in lastnice podjetja.