natgillin/translations-raw huggingface dataset:
a reduction in staff of approximately 12 % which, combined with a fair wage policy, was to make it possible to reduce crew costs from EUR 61,8 million in 2001 to […] EUR […] million on average from 2003 to 2006 and ground costs from EUR 50,3 million in 2001 to EUR […] million over the same period;
zmanjšanje števila zaposlenih za približno 12 % v povezavi z razumno politiko plač bi moralo omogočiti znižanje stroškov posadke z 61,8 milijona EUR leta 2001 na povprečno […] milijonov EUR od leta 2003 do leta 2006 ter stroškov osebja na kopnem s 50,3 milijona EUR leta 2001 na […] milijonov EUR v istem obdobju;
the closure of two of its subsidiaries, the Compagnie Maritime Toulonnaise and the Corsica Marittima company, the residual activities of which would be taken over by SNCM.
ukinitev dveh hčerinskih družb, Compagnie Maritime Toulonnaise in Corsica Marittima, katerih preostale dejavnosti naj bi prevzela SNCM.
Following the observations made by the Commission in its decision of 19 August 2002, the French authorities, in their letter of 31 January 2003, set out the improvements made to the restructuring plan on the following points:
Na podlagi pripomb Komisije v odločbi z dne 19. avgusta 2002 so francoski organi v dopisu z dne 31. januarja 2003 opisali izboljšave, vnesene v načrt prestrukturiranja, v zvezi z naslednjimi točkami:
commitments and details concerning wage policy,
zaveze in pojasnila glede plačne politike,
a plan for reducing costs in intermediate purchases,
načrt znižanja stroškov pri vmesnih nakupih,
a commitment that SNCM would not initiate a fares war with its competitors operating services to Corsica.
zaveza, da SNCM ne bo začela cenovne vojne s konkurenti na povezavah s Korziko.
On the last point, the French authorities state that ‘SNCM makes that commitment without reservations, because it takes the view that a fares war of its own making would be inconsistent neither with its strategic positioning nor its interest because it would lead to a reduction in its receipts, its usual practices and its expertise’.
V zvezi z zadnjo točko francoski organi pojasnjujejo, da „SNCM to zavezo sprejema brez zadržkov, ker meni, da cenovna vojna ne bi bila v skladu niti z njenim strateškim položajem niti z njenim interesom, ker bi povzročila zmanjšanje prihodkov, niti z njeno običajno prakso ter znanjem in izkušnjami“.
In their restructuring plan, the French authorities submitted to the Commission a detailed financial model for 2002 to 2007 on the basis of median hypotheses relating to a series of variables.
Francoski organi so v načrtu prestrukturiranja Komisiji predstavili podroben finančni osnutek za obdobje 2002–2007 na podlagi osnovnih primerov v zvezi z nizom spremenljivk.
The financial projections show, inter alia, a return to profitability from 2003.
Finančne napovedi med drugim kažejo vrnitev na pozitivne tekoče rezultate od leta 2003.
Financial model for 2002-2007
Finančni osnutek za obdobje 2002–2007
Figures for 2000, 2001 and 2002 taken from 2001 and 2002 SNCM annual reports.
Številke za leta 2000, 2001 in 2002 so povzete iz letnih poročil družbe SNCM za leti 2001 in 2002.
Realised
Doseženo
Current result
Tekoči rezultat
Net financial debt (excl. leasing)
Neto finančni dolgovi (brez zakupa)
Financial ratios
Finančni kazalniki
Current results/turnover + SUBSIDIES
Tekoči rezultat/prodaja + subvencije
Capital/debt on balance sheet
Lastna sredstva/zadolženost v bilanci
According to the French authorities, the EUR 76 million capital contribution and the return to profitability, expected from 2003, should make it possible to raise the company’s capital from its level of about EUR 30 million at the end of 2001 to EUR 120 million in the short term (2003) and then to EUR […] million at the end of the period covered by the plan (2006 to 2007).
Po mnenju francoskih organov bi morala kapitalski vložek v višini 76 milijonov EUR in obnovitev donosnosti poslovanja, predvidena od leta 2003, omogočiti povečanje lastniškega kapitala s približno 30 milijonov EUR konec leta 2001 na 120 milijonov EUR v kratkem roku (2003) in nato na […] milijonov EUR ob koncu načrta (2006–2007).
The French authorities also provided a sensitivity study of expected results in relation to working hypotheses in respect of traffic on different routes.
Francoski organi so predložili tudi študijo občutljivosti pričakovanih rezultatov glede na delovne predpostavke v zvezi s prometom na različnih linijah.
On that basis, the different simulations show that SNCM ought to return to profitability in the situations contemplated.
Na tej podlagi različne simulacije kažejo, da bi morala SNCM v predvidenih primerih znova doseči donosnost.
Determination of the amount of the recapitalisation
Določitev zneska finančne sanacije
The method chosen by the French authorities to determine the amount of the recapitalisation involves calculating the need for financing on the basis of the average capital/debt ratio of 5 European shipping companies recorded in 2000.
Metoda, ki so jo francoski organi uporabili za določitev zneska finančne sanacije, je izračun potrebe po financiranju na podlagi povprečnega razmerja lastnih sredstev do finančnih dolgov, ugotovljenega leta 2000 pri petih evropskih pomorskih družbah.
In spite of the differences in the balance sheets of those undertakings, the average found by the French authorities comes to 79 %.
Kljub razlikam v bilancah teh podjetij je povprečje, ki so ga uporabili francoski organi, 79 %.
The French authorities submit that the financial projections for 2002 to 2007 give an average capital/debt ratio of 77 % with capital to reach EUR 169 million in 2007. Such a level of capital was to be obtained by means of a recapitalisation of EUR 76 million and the success of the action provided for in the restructuring plan.
Francoski organi trdijo, da finančne napovedi za obdobje 2002–2007 vodijo do povprečnega razmerja lastniškega kapitala do finančnih dolgov v višini 77 % z lastniškim kapitalom, ki bi leta 2007 dosegel 169 milijonov EUR. Taka višina lastnih sredstev bi morala biti dosežena s finančno sanacijo v višini 76 milijonov EUR in uspešno izvedenimi ukrepi iz načrta prestrukturiranja.
Measures subsequent to the 2002 recapitalisation
Ukrepi po finančni sanaciji iz leta 2002
The recapitalisation and the restructuring plan of 2002 did not have the results expected and, from 2004, the economic and financial situation of SNCM greatly deteriorated.
Finančna sanacija in načrt prestrukturiranja iz leta 2002 nista prinesla pričakovanih rezultatov in od leta 2004 se je gospodarski in finančni položaj družbe SNCM močno poslabšal.
Both internal factors (social conflicts, insufficient and belated achievement of productivity objectives, loss of market share) and external factors (reduced appeal of Corsica as a destination, acquisition of market share by CFF, management errors by the State) as well as the increase in the cost of fuel contributed to this deterioration.
K temu poslabšanju so prispevali notranji (socialni konflikti, nezadostno in prepozno uresničevanje ciljev produktivnosti, izguba tržnih deležev) in tudi zunanji dejavniki (manjša privlačnost Korzike kot destinacije, povečanje tržnih deležev družbe CFF, napake, ki jih je pri upravljanju storila država ter dvig stroškov goriva.
The deterioration in SNCM’s economic and financial situation led the French authorities to sell assets over and above what was laid down in the 2002 restructuring plan and required by the 2003 decision and to initiate a procedure to seek private partners.
Zaradi poslabšanja gospodarskega in finančnega položaja družbe SNCM so francoski organi odprodali več sredstev, kot je bilo predvideno z načrtom za prestrukturiranje iz leta 2002 in zahtevano z Odločbo iz leta 2003, ter sprožili postopek iskanja zasebnih partnerjev.
List of assets sold by SNCM since 2002 [64]
Seznam sredstev, ki jih je SNCM odprodala od leta 2002 [64]
Proceeds of disposal
Neto prihodek od odprodaje
Disposals proposed in the notification (in EUR)
Odprodaje, predlagane v priglasitvi iz leta 2002 (v EUR)
Aliso (replacing Asco, in accordance with the decision of 8 September 2004 of the Commission)
Aliso (namesto Asco v skladu z odločbo Komisije z dne 8. septembra 2004)
All Schuman property
Nepremičninski sklop Schuman
Additional disposals required by the Commission in its decision of 9 July 2003 (in EUR)
Dodatne odprodaje, ki jih je določila Komisija v odločbi z dne 9. julija 2003 (v EUR)
Additional disposals occurring after the decision of July 2003 (in EUR million)
Dodatne odprodaje, opravljene od Odločbe iz julija 2003 (v mio EUR)
Sales of flats of SNCM’s housing stock (formerly occupied by SNCM staff)
Prodaje stanovanj nepremičninskega parka družbe SNCM (v katerih je včasih stanovalo osebje družbe SNCM)
September 2003 to 2006
september 2003 do 2006
Total (EUR million)
Skupaj (v milijonih EUR)
Following an open, transparent and non-discriminatory selection procedure, an agreement was finally reached on 13 October 2005 between the State, BCP and VT in a very difficult social and financial context.
Po koncu odprtega, preglednega in nediskriminacijskega postopka izbire je bilo 13. oktobra 2005 v težkih socialnih in finančnih razmerah končno doseženo soglasje med državo ter podjetjema BCP in VT.
Thus VT is SNCM’s industrial operator (28 % holding) whereas BCP is the key shareholder with a holding of 38 %.
VT je tako industrijski operater družbe SNCM (28-odstotni delež), medtem ko je BCP večinski delničar z 38-odstotnim deležem.
The State undertook, in particular as regards salaried staff, to retain a shareholding in the company of 25 %.
Država se je zlasti glede zaposlenih obvezala, da bo ostala 25-odstotna delničarka družbe.
BCP and VT drew up a business plan for SNCM which was notified to the European Commission on 7 April 2006.
Podjetji BCP in VT sta izdelali poslovni načrt za družbo SNCM in ta je bil Evropski komisiji poslan 7. aprila 2006.
The content of the memorandum of understanding
Vsebina memoranduma o soglasju
The memorandum of understanding, under which 75 % of SNCM’s capital is to be sold to private purchasers, was signed on 16 May 2006 by the parties (BCP, VT and CGMF).
Memorandum o soglasju, v skladu s katerim se 75 % kapitala družbe SNCM odproda zasebnim kupcem, so stranke (BCP, VT in CGMF) podpisale 16. maja 2006.
Section II of the memorandum of understanding provides that CGMF undertakes to approve, subscribe to and fully pay up an increase in SNCM’s capital totalling EUR 142,5 million.
V oddelku II memoranduma o soglasju je določeno, da se družba CGMF obvezuje, da bo odobrila, vpisala in v celoti sprostila povečanje kapitala družbe SNCM v skupnem znesku v višini 142,5 milijona EUR.
Following the increase in capital, it is envisaged that SNCM’s share capital be reduced by cancellation of shares to be brought back to the legal minimum for a limited liability company not making a public offer.
Predvideno je, da se bo po povečanju kapitala osnovni kapital družbe SNCM z odkupom delnic zmanjšal in dosegel zakonski minimum za nejavno delniško družbo.
In addition to the increase in capital, CGMF undertakes to make EUR 38 million available to SNCM, in the form of a current account advance.
Poleg povečanja kapitala se CGMF obvezuje, da bo družbi SNCM dala na razpolago znesek v višini 38,5 milijona EUR kot predplačilo na tekoči račun.
That current account advance, which will be paid by SNCM to a trustee (the bank CIC), is intended to finance the part of the ‘generosity’ cost which is in addition to amounts payable under provisions of law and those relating to agreements in the event of a plan to reduce staff implemented by the purchasers.
To predplačilo na tekoči račun, ki ga bo SNCM izplačala pri sekvestru (banka CIC), je namenjeno financiranju dela stroškov, imenovanih „iz velikodušnosti“, ki bi nastali poleg zneskov, dolgovanih na podlagi zakonskih in pogodbenih določb v primeru načrta znižanja števila zaposlenih, ki bi ga izvedli kupci.
The payment of compensation over and above compensation paid in accordance with statutory provisions and provisions under agreements is done on an individual and case-by-case basis corresponding to salaried staff who have left the undertaking and whose employment contract was terminated.
Izplačilo nadomestil poleg odškodnin, prejetih na podlagi zakonskih in pogodbenih določb, se opravi na individualni in poimenski podlagi, ki ustreza zaposlenim, ki so zapustili podjetje in katerih pogodba o zaposlitvi je bila razdrta.
Section III of the memorandum of understanding provides that CGMF, following those transactions, is to sell to private purchasers its shares representing 75 % of the shares making up the share capital of the undertaking and the […] intended to finance the part of the planned redundancy scheme over and above any obligations under agreements or statutory obligations.
Po teh postopkih je v oddelku III memoranduma o soglasju določeno, da CGMF zasebnim kupcem proda svoje delnice, ki pomenijo 75 % delnic, ki sestavljajo osnovni kapital podjetja in […], namenjen financiranju dela socialnega načrta, ki presega pogodbene in zakonske obveznosti.
Section III of the memorandum of understanding also provides for the joint and concurrent subscription by the purchasers and CGMF of new shares totalling EUR 35 million and a current account contribution of EUR 8,75 million by BCP/VT, made available to SNCM on the basis of its cash requirements.
V oddelku III memoranduma o soglasju sta predvidena tudi skupni in sočasni vpis novih delnic s strani kupcev in družbe CGMF v skupnem znesku v višini 35 milijonov EUR ter polog na tekoči račun v višini 8,75 milijona EUR, ki ga izvede BCP/VT in je družbi SNCM dan na razpolago glede na njene denarne potrebe.
Paragraph III.2.7 of the memorandum of understanding provides that the value of the shares of CGMF is to be equal, at all times, to their original nominal value increased by […] % of their paid up nominal value, multiplied by J/365, J being the number of days since the date of realisation, subject to deduction of all amounts paid (for example dividends).
V odstavku III.2.7 memoranduma o soglasju je določeno, da je vrednost delnic družbe CGMF vedno enaka njihovi začetni nominalni vrednosti, povečani za […] % njene vplačane nominalne vrednosti, pomnožene z J/365, pri čemer je J število dni od datuma izvedbe, odšteje pa se kakršen koli prejet znesek (na primer dividende).
Those conditions do not apply in the case of receivership or liquidation of the company by the court.
Ta pravila se ne uporabljajo v primeru prisilne uprave ali sodne likvidacije družbe.
The memorandum of understanding (Section III.5) includes a right to sell SNCM which may be exercised concurrently by the purchasers should one of the following events occur inasmuch as they have the effect of calling into question the credibility of their business plan and the viability of the company:
Memorandum o soglasju (oddelek III.5) vsebuje razvezno klavzulo o odprodaji družbe SNCM, ki jo lahko kupci uveljavljajo sočasno z nastopom enega od naslednjih dogodkov, če bi te predpostavke izpodbijale verodostojnost njihovega poslovnega načrta in obnovitev sposobnosti preživetja družbe:
Non-award of the public service delegation for public services by sea to Corsica for the period commencing 1 January 2007 […],
nedodelitev pogodbe o prenosu pooblastil javne službe za pomorske povezave s Korziko za obdobje z začetkom 1. januarja 2007 […],
Any negative decision of the European Commission or a judgment of the Court of First Instance or of the Court of Justice, such as a refusal of the transaction or the imposition of conditions having a substantial impact on the value of the company […].
kakršna koli negativna odločba Evropske komisije ali sodba Sodišča prve stopnje ali Sodišča Evropskih skupnosti, kot je zavrnitev transakcije ali določitev pogojev, ki bistveno vplivajo na vrednost družbe, […]
Section VII of the memorandum of understanding provides that CGMF is to pay a part of the labour commitments of SNCM in terms of the costs of mutual benefit societies of its retired workers for an amount valued at EUR 15,5 million from the day of the transfer of ownership of the undertaking.
V oddelku VII memoranduma o soglasju je določeno, da CGMF prevzame del socialnih obvez družbe SNCM iz naslova stroškov zdravstvenega zavarovanja njenih upokojencev v znesku, ocenjenem na 15,5 milijona EUR, od dneva prenosa lastništva podjetja.
The detailed rules of governance of the undertaking are set out in Section IV of the memorandum of understanding.
Pravila upravljanja podjetja so določena v oddelku IV memoranduma o soglasju.
It provides that there will be a change in the way that SNCM is managed; it will be converted into a limited liability company with a board of directors and a supervisory board.
Določeno je, da se bo spremenil način upravljanja družbe SNCM, ki bo preoblikovana v delniško družbo z upravo in nadzornim svetom.
The latter will be made up of 10, then 14 members.
Nadzorni svet bo imel najprej 10 in nato 14 članov.
It will be chaired provisionally by a representative of the State.
Začasno mu bo predsedoval predstavnik države.
If the DSP is entrusted to SNCM, the President of the supervisory board will be replaced by a representative of BCP.
Če bo družba SNCM dobila PPJS, bo predsednika nadzornega sveta zamenjal predstavnik skupine BCP.
The board of directors has the task of carrying out the operational management of SNCM.
Naloga uprave je zagotavljati operativno vodenje družbe SNCM.
On 26 May 2006, the French Government confirmed the sale of SNCM as well as the measures cited above.
Francoska vlada je 26. maja 2006 potrdila odprodajo družbe SNCM in tudi zgoraj navedene ukrepe.
In the light of the foregoing, the memorandum of understanding contains three types of state measures justifying an examination as regards the Community system of State aid:
Glede na zgoraj navedeno memorandum o soglasju vsebuje tri vrste državnih ukrepov, ki upravičujejo preučitev na podlagi sistema državnih pomoči Skupnosti:
the sale of 100 % of SNCM at a negative price of EUR 158 million (capital contribution of EUR 142,5 million and payment of the costs of mutual benefit societies for a total of EUR 15,5 million),
100-odstotno odprodajo družbe SNCM po negativni ceni 158 milijonov EUR (kapitalski vložek v višini 142,5 milijona EUR in prevzem stroškov zdravstvenega zavarovanja v znesku v višini 15,5 milijona EUR),
the current account advance by CGMF for the sum of EUR 38,5 million for staff laid off by SNCM,
predplačilo na tekoči račun, ki ga opravi CGMF, v znesku v višini 38,5 milijona EUR v korist odpuščenega osebja družbe SNCM,
the increase in capital of EUR 8,75 million to which CGMF subscribed jointly and concurrently with the contribution in the amount of EUR 26,25 million of VT and BCP.
povečanje kapitala za 8,75 milijona EUR, ki ga je vpisala CGMF, skupaj in sočasno z vložkom v višini 26,25 milijona EUR, ki sta ga opravili podjetji VT in BCP.
SUBJECT MATTER OF THE PRESENT DECISION
PODROČJE UPORABE TE ODLOČBE
This final decision relates to the measures implemented by France in favour of SNCM since 18 February 2002, namely:
Ta dokončna odločba se nanaša na ukrepe, ki jih je izvedla Francija v korist družbe SNCM od 18. februarja 2002, in sicer:
the capital contribution of CGMF to SNCM for the sum of EUR 76 million in 2002 (including EUR 53,48 million for public service obligations and the balance for restructuring aid),
kapitalski vložek družbe CGMF v družbo SNCM v znesku v višini 76 milijonov EUR leta 2002 (od tega 53,48 milijona EUR iz naslova obveznosti javne službe in preostanek iz naslova pomoči za prestrukturiranje),
the negative sale price of SNCM by CGMF for the sum of EUR 158 million,
negativno ceno prodaje družbe SNCM s strani družbe CGMF v znesku v višini 158 milijonov EUR,
CGMF’s contribution of EUR 8,75 million,
vložek družbe CGMF v višini 8,75 milijona EUR,
payment by CGMF of certain additional social measures for the sum of EUR 38,5 million.
nekatere dodatne socialne ukrepe v znesku v višini 38,5 milijona EUR, ki jih je prevzela družba CGMF.
This decision does not concern the examination of financial compensation paid or to be paid to SNCM for public service obligations for the period 2007-2013, which is the subject of a separate procedure.
Ta odločba se ne nanaša na preučitev finančnih nadomestil, ki jih je družba SNCM prejela ali jih bo prejela iz naslova obveznosti javne službe za obdobje 2007–2013 in so predmet ločenega postopka.
GROUNDS LEADING TO THE ADOPTION OF THE COMMISSION DECISIONS OF 2002 AND 2006
RAZLOGI ZA SPREJETJE ODLOČB KOMISIJE IZ LET 2002 IN 2006
Initiation of the 2002 formal investigation procedure
Uvedba formalnega postopka preiskave iz leta 2002
In its decision to initiate the procedure of 19 August 2002, the Commission, while recognising that SNCM was an undertaking in difficulty, expressed its uncertainty as to the compatibility of the measure notified with the criteria set out in point 3.2.2 of the 1999 guidelines in force at the time.
Komisija je v odločbi z dne 19. avgusta 2002 o uvedbi postopka, čeprav je družbi SNCM priznala značaj podjetja v težavah, izrazila dvom o združljivosti priglašenega ukrepa z merili iz točke 3.2.2. takrat veljavnih Smernic iz leta 1999.
The Commission voiced certain doubts regarding the restructuring plan having regard to the absence of an analysis of the causes for the undertaking’s losses.
Komisija je izrazila nekatere dvome o načrtu prestrukturiranja glede na to, da vzroki za izgube podjetja niso bili analizirani.
In particular, the Commission raised questions concerning the links between the losses and the public service obligations, the impact of SNCM’s policy of purchasing vessels on its income statements and the measures contemplated for increasing the undertaking’s productivity.
Komisija je zlasti postavila vprašanja o povezavah med izgubami in obveznostmi javne službe, vplivu politike nakupa ladij družbe SNCM na njene izkaze uspeha in ukrepih, predvidenih za povečanje produktivnosti podjetja.
Moreover, the Commission noted certain lacunae in the restructuring plan, in particular the absence of specific measures to reduce the amount of intermediate consumption and the absence of a reference to SNCM’s future pricing policy.
Komisija je poleg tega poudarila nekatere vrzeli v načrtu prestrukturiranja, zlasti neobstoj konkretnih ukrepov za znižanje zneska vmesne potrošnje in neobstoj podatkov o prihodnji cenovni politiki družbe SNCM.
The Commission also raised questions regarding the relevance of the calculation method adopted by the French authorities to determine the amount of the recapitalisation and regarding some of the hypotheses on which to base financial simulations.
Komisija je postavila vprašanja tudi v zvezi z ustreznostjo metode izračuna, ki so jo uporabili francoski organi za določitev zneska finančne sanacije, in nekaterimi predpostavkami, uporabljenimi za izdelavo finančnih simulacij.
The extension of the 2006 formal investigation procedure
Razširitev formalnega postopka preiskave iz leta 2006
By its decision of 13 September 2006, the Commission decided to extend the 2002 formal investigation procedure to the measures laid down in connection with the sale of SNCM to the private sector.
Komisija je z odločbo z dne 13. septembra 2006 odločila, da formalni postopek preiskave iz leta 2002 razširi na ukrepe, določene na podlagi odprodaje družbe SNCM zasebnemu sektorju.
First of all, in view of the invitation of the French authorities of 7 April 2006 (see recital 17 of this decision) to examine a part of the 2002 capital contribution in the light of the Altmark case-law, the Commission raised uncertainty in that regard as to compliance with the conditions (in particular the second and the fourth) laid down by the Community court in that judgment.
Prvič, Komisija je ob upoštevanju poziva francoskih organov z dne 7. aprila 2006 (glej točko 17 te odločbe), naj del zneska kapitalskega vložka iz leta 2002 preuči na podlagi sodbe Altmark, v zvezi s tem izrazila dvome o upoštevanju pogojev (zlasti drugega in četrtega), ki jih je sodišče Skupnosti določilo v navedeni sodbi.