natgillin/translations-raw huggingface dataset:
Lastly, the Commission notes that KPS was established as a government-controlled fund with public policy objectives, the funding of which was fully provided, or guaranteed, by the State via the Industrial Development Agency.
Komisija upošteva, da je bil KPS ustanovljen kot sklad pod nadzorom vlade s cilji javne politike, financiranje zanj pa je bilo v celoti zagotovljeno ali zajamčeno s strani države prek Industrijske razvojne agencije.
According to the document ‘A strategy for the shipbuilding sector (maritime construction shipyards) in Poland 2006-2010’, KPS was ‘founded to organise the financing of shipyard production until such time as private investors took control’.
V skladu z dokumentom „Strategija za ladjedelniški sektor (ladjedelnice za pomorske gradnje) na Poljskem med letoma 2006 in 2010“ je bil KPS „ustanovljen za ureditev financiranja ladjedelniške proizvodnje, dokler nadzora ne bi prevzel zasebni investitor“.
The strategy, which is designed to achieve not only economic but also social and macroeconomic aims [59], mandates KPS with various powers, along with the Industrial Development Agency, the Treasury and other competent public bodies.
Strategija, ki je namenjena doseganju ne le gospodarskih, temveč tudi socialnih in makroekonomskih ciljev [59], daje KPS različna pooblastila, skupaj z Industrijsko razvojno agencijo, finančnim ministrstvom in drugimi pristojnimi javnimi organi.
The financial links of KPS to the Industrial Development Agency and the Treasury are clear and KPS acts rather like a vehicle for the transfer of assets earmarked by the State budget for shipyards in Poland, including Gdynia.
Finančne povezave KPS z Industrijsko razvojno agencijo in finančnim ministrstvom so jasne, in KPS deluje kot nekakšen mehanizem za prenos sredstev, določenih s strani državnega proračuna za ladjedelnice na Poljskem, vključno z Gdynio.
In the light of the above, the Commission concludes that KPS did not act as a market economy investor when it granted working capital loans to Gdynia Shipyard.
V luči zgoraj navedenega Komisija sklepa, da KPS ni deloval kot vlagatelj v tržnem gospodarstvu, ko je ladjedelnici Gdynia dodelil posojila za gibljiva sredstva.
These loans, listed in recital 158, Tables 1 and 2, therefore constitute State aid.
Ta posojila, navedena v uvodni izjavi 158, razpredelnicah 1 in 2, zato pomenijo državno pomoč.
Export Credit Insurance Corporation guarantees
Jamstva izvozno-kreditne agencije
In its comments following the adoption of the decision to open the formal investigation, Poland argued that the guarantees granted by the Export Credit Insurance Corporation to Gdynia Shipyard did not constitute State aid.
V svojih pripombah po sprejetju odločitve o sprožitvi formalne preiskave je Poljska navajala, da jamstva izvozno-kreditne agencije za ladjedelnico Gdynia niso državna pomoč.
First, the Commission would point out that Export Credit Insurance Corporation advance payment guarantees are guaranteed by the Treasury and that related transactions are entered to a separate bank account in the name of ‘Interes Narodowy’.
Prvič, Komisija želi poudariti, da jamstva za predplačila izvozno-kreditne agencije dodeli finančno ministrstvo in da se povezane transakcije prelivajo na ločen bančni račun pod nazivom „Interes Narodowy“.
If insufficient funds are available on that account, the Export Credit Insurance Corporation can either draw down loans from the Treasury or benefit from Treasury loan guarantees.
Če na tem računu ni dovolj sredstev, lahko izvozno-kreditna agencija črpa sredstva iz posojil finančnega ministrstva ali pa uporabi jamstva za posojilo finančnega ministrstva.
Second, the Commission recalls its decision of 18 July 2007 in Case N 105/07 [60] whereby it approved as free of State aid the scheme under which the Export Credit Insurance Corporation operated its programme of export insurance guaranteed by the Treasury.
Drugič, Komisija se sklicuje na odločbo z dne 18. julija 2007 v zadevi N 105/07 [60], kjer je kot shemo brez državne pomoči odobrila shemo, s katero izvozno-kreditna agencija vodi svoj program izvoznega zavarovanja, za katerega jamči finančno ministrstvo.
This scheme currently covers the type of production guarantees that Gdynia Shipyard has been receiving for the last few years.
Ta shema zdaj zajema vrsto jamstev za proizvodnjo, ki jih ladjedelnica Gdynia prejema že zadnjih nekaj let.
The Commission notes that the scheme explicitly excludes [61] companies in financial difficulty within the meaning of the Guidelines on State aid for rescuing and restructuring firms in difficulty.
Komisija upošteva, da shema eksplicitno izključuje [61] podjetja v finančnih težavah v smislu Smernic o državni pomoči za reševanje in prestrukturiranje podjetij v težavah.
The main feature of the scheme is that guarantee premiums are determined on the basis of a risk assessment.
Glavna značilnost sheme je, da se premije jamstva določijo na podlagi ocene tveganja.
For example the guarantee premium for a company belonging to the highest risk category corresponds to […] % p.a. for guarantees under 2 years and […] % p.a. for guarantees above 2 years.
Premija jamstva za podjetje, ki spada v kategorijo največjega tveganja, na primer znaša […] % na leto za jamstva za manj kot dve leti in […] % na leto za jamstva za več kot dve leti.
The base premium is equal to […] % p.a.
Osnovna premija je enaka […] % na leto.
By way of comparison, guarantees to Gdynia Shipyard were given by the Export Credit Insurance Corporation against a premium of 2 % p.a. if the guarantee did not exceed PLN 35 million and against a premium of 1 % p.a. if the guarantee exceeded that amount.
Za primerjavo: jamstva za ladjedelnico Gdynia je dala izvozno-kreditna agencija proti premiji v višini 2 % na leto, če jamstvo ni preseglo 35 milijonov PLN, in proti premiji v višini 1 % na leto, če je jamstvo preseglo ta znesek.
It is therefore clear that Gdynia Shipyard is not eligible for guarantees covered by the scheme described above and approved by the Commission as free of aid.
Zato je jasno, da ladjedelnica Gdynia ni upravičena do jamstev, ki jih zajema zgoraj opisana shema in ki jih je Komisija odobrila kot jamstva brez državne pomoči.
Accordingly, the guarantees granted to Gdynia Shipyard are not free of aid.
Jamstva za ladjedelnico Gdynia torej niso jamstva brez državne pomoči.
Furthermore, it is obvious that the guarantee premium charged to Gdynia Shipyard is well below the base premium used for guarantees to healthy companies and several times lower than the premium charged to high-risk companies which are, however, still eligible under the scheme described above.
Poleg tega je očitno, da je premija jamstva, zaračunana ladjedelnici Gdynia, precej nižja od osnovne premije, ki se uporablja za jamstva za zdrava podjetja, in večkrat nižja od premije, ki se zaračuna tveganim podjetjem, ki pa so še vedno upravičena po zgoraj opisani shemi.
The Commission concludes that the guarantee premium applied to Gdynia Shipyard does not correspond to a market premium and that therefore these guarantees constitute State aid.
Komisija ugotavlja, da premija jamstva, zaračunana ladjedelnici Gdynia, ne ustreza tržni premiji in da zato ta jamstva pomenijo državno pomoč.
Third, pursuant to the Commission Notice on the application of Articles 87 and 88 of the EC Treaty to State aid in the form of guarantees [62], for an individual State guarantee not to constitute State aid, the borrower must not be in financial difficulty.
Tretjič, da posamezno jamstvo države v skladu z Obvestilom Komisije o uporabi členov 87 in 88 Pogodbe ES za državno pomoč v obliki poroštev [62] ne bi pomenilo državne pomoči, prejemnik sredstev ne sme biti v finančnih težavah.
This is clearly not the case here.
Tukaj pa to očitno ni tako.
Pursuant to the same Notice, when the borrower is in financial difficulty the aid element of the guarantee may be as high as the amount covered by that guarantee.
Ko je prejemnik sredstev v finančnih težavah, je lahko v skladu z istim obvestilom element pomoči enako visok kot znesek, ki ga to jamstvo krije.
Finally, the Commission notes that Gdynia Shipyard relied exclusively on guarantees provided by the Export Credit Insurance Corporation and the Treasury and did not manage to obtain any guarantees on the market.
Komisija upošteva, da se je ladjedelnica Gdynia opirala izključno na jamstva izvozno-kreditne agencije in finančnega ministrstva, na trgu pa ni uspela pridobiti jamstev.
In the light of the above, the Commission concludes that the Export Credit Insurance Corporation did not act as a market economy investor when it gave guarantees to Gdynia Shipyard.
V luči zgoraj navedenega Komisija sklepa, da izvozno-kreditna agencija v času, ko je ladjedelnici Gdynia dodelila jamstva, ni delovala kot vlagatelj v tržnem gospodarstvu.
Distortion of competition caused by the State aid to Gdynia Shipyard
Izkrivljanje konkurence zaradi državne pomoči za ladjedelnico Gdynia
The Commission takes the view that full reliance on State aid enabled Gdynia Shipyard to engage in anti-competitive practice such as pricing below production costs without suffering the consequences that such practices normally entail, namely elimination from the market.
Komisija meni, da je opiranje na državno pomoč ladjedelnici Gdynia omogočilo izvajanje protikonkurenčne prakse, kot je oblikovanje cen pod proizvodnimi stroški, ne da bi pri tem utrpela posledice, ki jih takšne prakse običajno povzročijo, in sicer izločitev iz trga.
Furthermore, the Commission notes that one of Gdynia Shipyard’s main long-term problems was the conclusion of contracts which proved to be loss-making as the zloty appreciated against the dollar, the dominant currency in the shipbuilding business, and the price of steel plates increased worldwide.
Poleg tega Komisija upošteva, da je bila ena izmed dolgotrajnih težav ladjedelnice Gdynia sklepanje pogodb, ki so prinašale izgube, ko se je vrednost zlota v primerjavi z dolarjem, ki je v ladjedelništvu prevladujoča valuta, povečala in ko so se cene jeklenih plošč na svetovnem trgu povišale.
These external factors were already identified as the main threats to the yard’s continued operation in the 2002 restructuring plan, and then subsequently in the amended version of 2004, in the new 2006 restructuring plan and, lastly, in the course of privatisation in 2008.
Ti zunanji dejavniki so bili kot glavne grožnje za nadaljnje poslovanje ladjedelnice opredeljeni že v načrtu za prestrukturiranje 2002 in nato v njegovi spremenjeni različici iz leta 2004, v novem načrtu za prestrukturiranje 2006 in nazadnje med privatizacijo leta 2008.
Despite the fact that the yard’s management was aware of these threats, the yard continued to conclude contracts without taking any measures to mitigate the risk.
Čeprav se je uprava ladjedelnice teh groženj zavedala, je ladjedelnica še naprej sklepala pogodbe brez sprejetja ukrepov za zmanjšanje tveganja.
This business practice continued during the unprecedented boom in the shipbuilding market between 2004 and 2008, when shipbuilding prices rose to record levels.
Ta poslovna praksa se je nadaljevala med dotlej največjim razcvetom ladjedelniškega trga med letoma 2004 in 2008, ko so se ladjedelniške cene dvignile na rekordne ravni.
As a result of this practice, the yard managed to maintain activity and employment, but at the cost of large losses on regular shipbuilding production.
Posledično je ladjedelnica uspela zadržati dejavnost in število zaposlenih, vendar na račun velikih izgub v redni ladjedelniški proizvodnji.
According to the due diligence report produced by Amber in the first half of 2008, the current order book with deliveries scheduled for 2008 and 2009 is also burdened by a risk of significant losses due to loss-making contracts concluded without any risk-mitigating measures; this has been confirmed by Poland.
Po navedbah skrbnega poročila, ki ga je pripravil Amber v prvi polovici leta 2008, je sedanja knjiga naročil z dobavami v letu 2008 in 2009 prav tako obremenjena s tveganjem velikih izgub zaradi pogodb, ki prinašajo izgubo, saj so bile sklenjene brez ukrepov za zmanjšanje tveganj; to je potrdila tudi Poljska.
On that basis, the Commission concludes that all the aid granted to Gdynia Shipyard described in Part II, point 7 was such as to distort or threaten to distort competition on the shipbuilding market.
Na tej podlagi Komisija sklepa, da je bila vsa pomoč, dodeljena ladjedelnici Gdynia in kot je opisana v točki 7 v delu II, takšna, da izkrivlja ali bi lahko izkrivljala konkurenco na ladjedelniškem trgu.
In conclusion, the Commission takes the view that all the measures granted to Gdynia Shipyard are State aid within the meaning of Article 87(1) of the EC Treaty.
Komisija meni, da so vsi ukrepi, dodeljeni ladjedelnici Gdynia, državna pomoč v smislu člena 87(1) Pogodbe ES.
Possibility for Poland and third parties to submit comments
Možnost, da Poljska in tretje zainteresirane osebe predložijo pripombe
By its decision of 1 June 2005, the Commission opened a formal investigation into a series of measures, including debt-restructuring (write-offs, deferrals, changes to the payment schedule) based on various legal grounds and concerning a certain number of public creditors, capital injections, Treasury production guarantees and capital-raising measures (bond issues and debt-for-equity swap).
Z odločbo z dne 1. junija 2005 je Komisija sprožila formalno preiskavo v zvezi z vrsto ukrepov, vključno s prestrukturiranjem dolgov (odpisi, odlogi, spremembe razporedov plačil), in sicer na podlagi različnih pravnih razlogov in v zvezi z določenimi javnimi upniki, dokapitalizacijami, jamstvi za proizvodnjo finančnega ministrstva in ukrepi za povečanje kapitala (izdaja obveznic in zamenjava dolga za kapital).
The Commission also clearly stated that Poland’s argument that advance payments from shipowners should be considered as an own contribution could not be accepted.
Komisija je tudi jasno navedla, da argumenta Poljske, da je treba predplačila lastnikov ladij označiti kot lastni prispevek, ni mogoče sprejeti.
In that connection, the Commission expressed doubts as to whether the advance payment guarantees provided by the Export Credit Insurance Corporation constituted State aid and announced that it would investigate the nature of those advance payments.
V zvezi s tem je Komisija izrazila dvom glede tega, da garancije za predplačila izvozno-kreditne agencije predstavljajo državno pomoč, in navedla, da bo preiskala naravo teh predplačil.
Both Poland and the recipient submitted comments; however, whereas they disputed the competence of the Commission to assess the compatibility of some of the measures concerned, they did not contest the Commission’s conclusion that, in so far as these measures had been granted after Poland’s accession to the EU, they constituted new aid within the meaning of Article 87(1) of the EC Treaty.
Pripombe sta predložili Poljska in prejemnica; medtem ko sta ugovarjali, da Komisija ni pristojna za oceno združljivosti nekaterih zadevnih ukrepov, pa nista nasprotovali sklepu Komisije, da ti ukrepi, v kolikor so bili dodeljeni po pristopu Poljske k EU, predstavljajo novo pomoč v smislu člena 87(1) Pogodbe ES.
The sole exception was the nature of the guarantees provided by the Export Credit Insurance Corporation, which were alleged to be free of State aid.
Edina izjema je bila narava jamstev izvozno-kreditne agencije, ki naj bi bila jamstva brez državne pomoči.
Poland subsequently also argued that the loans granted by KPS did not constitute State aid.
Poljska je navedla, da tudi posojila KPS ne pomenijo državne pomoči.
The Commission has addressed the arguments put forward by Poland and the recipient above.
Komisija je argumente Poljske in prejemnice obravnavala.
In the course of the Commission’s investigation, significant changes were made on several occasions to the Polish Government’s strategy as the majority owner of Gdynia Shipyard, as the above description of events shows.
V teku preiskave Komisije se je strategija poljske vlade, ki je večinski lastnik ladjedelnice Gdynia, večkrat zelo spremenila, kot to prikazuje zgornji opis dogodkov.
The strategy of consolidating the shipbuilding sector changed into a strategy of separating Gdynia and Gdańsk shipyards and into a decision to partially privatise Gdynia Shipyard, which later changed into a strategy of full privatisation.
Strategija konsolidacije ladjedelniškega sektorja se je spremenila v strategijo ločitve ladjedelnic Gdynia in Gdańsk ter v odločitev o delni privatizaciji ladjedelnice Gdynia, ki pa se je pozneje spremenila v strategijo popolne privatizacije.
This outlook for this strategy is also questionable given the manifest lack of interest on the part of market operators in purchasing the yard.
Zelo vprašljiva je tudi prihodnost te strategije, saj akterji na trgu ne kažejo velikega zanimanja za nakup ladjedelnice.
As indicated above, the Commission maintained regular contacts with the Polish authorities as the owner of Gdynia Shipyard and with Gdynia Shipyard itself.
Kot je navedeno zgoraj, je bila Komisija v rednih stikih s poljskimi organi kot lastniki ladjedelnice Gdynia in tudi s samo ladjedelnico Gdynia.
The Commission regularly indicated to both Poland and the yard that all measures granted to the yard from State resources probably constituted State aid within the meaning of Article 87(1) of the EC Treaty, considering the yard’s precarious financial situation and the absence of any external financing free of State aid.
Komisija je Poljski in ladjedelnici redno sporočala, da so vsi ukrepi, dodeljeni ladjedelnici iz državnih virov, po vsej verjetnosti državna pomoč v smislu člena 87(1) Pogodbe ES ob upoštevanju negotovega finančnega stanja ladjedelnice in odsotnosti zunanjega financiranja brez državne pomoči.
The Commission also warned that this State aid had been granted in breach of Article 88(3) of the EC Treaty and was incompatible with the common market.
Komisija je tudi opozorila, da je bila ta državna pomoč dodeljena v nasprotju s členom 88(3) Pogodbe ES in je nezdružljiva s skupnim trgom.
The Commission also pointed out on several occasions that the guarantees provided to Gdynia Shipyard by the Export Credit Insurance Corporation constituted State aid.
Komisija je tudi večkrat poudarila, da so jamstva za ladjedelnico Gdynia, ki jih je dala izvozno-kreditna agencija, državna pomoč.
In the course of its investigation, the Commission also collated details on the operations of KPS and the nature of the working capital loans which it granted to the yard.
V teku preiskave je Komisija primerjala podrobnosti o delovanju KPS in naravo posojil za gibljiva sredstva, ki jih je KPS dodelil ladjedelnici.
The Commission indicated to Poland that in all probability these loans constituted State aid within the meaning of Article 87(1) of the EC Treaty.
Komisija je Poljski sporočila, da ta posojila zelo verjetno pomenijo državno pomoč v smislu člena 87(1) Pogodbe ES.
Lastly, the Commission noted in the course of its investigation that Gdynia Shipyard was still accumulating public-law liabilities.
Komisija je nazadnje v teku preiskave navedla, da ima ladjedelnica Gdynia vedno več obveznosti po javnem pravu.
The Commission collated information on that subject and informed Poland (in its capacity as the yard’s owner and creditor) that non-enforcement of public-law debt or its restructuring could constitute State aid within the meaning of Article 87(1) of the EC Treaty.
Komisija je primerjala informacije o tej zadevi in Poljsko (kot lastnico ladjedelnice in tudi upnico) obvestila, da neizvršba odločb o poplačilu dolgov po javnem pravu ali prestrukturiranje teh dolgov lahko pomeni državno pomoč v smislu člena 87(1) Pogodbe ES.
COMPATIBILITY OF AID WITH THE SINGLE MARKET — DEROGATION UNDER ARTICLE 87(3) OF THE EC TREATY
ZDRUŽLJIVOST POMOČI Z ENOTNIM TRGOM – ODSTOPANJE PO ČLENU 87(3) POGODBE ES
The primary objective of the measures is to assist a company in financial difficulty and to keep it afloat.
Primarni cilj ukrepov je pomagati preživeti podjetju v finančnih težavah.
In such cases, the exemption provided for in Article 87(3)(c) of the EC Treaty, which authorises State aid granted to facilitate the development of certain economic activities where such aid does not adversely affect trading conditions to an extent contrary to the public interest, can be applied if the relevant conditions are complied with.
V takšnih primerih je mogoče uporabiti odstopanje iz člena 87(3)(c) Pogodbe ES, ki dovoljuje državno pomoč, dodeljeno za pospeševanje razvoja nekaterih gospodarskih dejavnosti, če ta pomoč ne spreminja trgovinskih pogojev v obsegu, ki bi bil v nasprotju s skupnimi interesi, vendar le, če so izpolnjeni določeni pogoji.
Rescue and restructuring aid to ailing companies is currently regulated by the Community Guidelines on State aid for rescuing and restructuring firms in difficulty [63] (hereinafter referred to as the Guidelines), which replaced the previous text adopted in 1999 [64] (hereinafter referred to as the 1999 Guidelines).
Pomoč za reševanje in prestrukturiranje družb v težavah trenutno urejajo Smernice Skupnosti o državni pomoči za reševanje in prestrukturiranje podjetij v težavah [63] (v nadaljnjem besedilu: Smernice), ki so nadomestile prejšnje besedilo, sprejeto leta 1999 [64] (v nadaljnjem besedilu: Smernice iz leta 1999).
The transitional provisions of the Guidelines stipulate that notifications registered prior to 10 October 2004 are examined in the light of the criteria applicable at the time of notification (point 103).
Prehodne določbe Smernic določajo, da se priglasitve, evidentirane pred 10. oktobrom 2004, preverijo v luči meril, veljavnih v času priglasitve (točka 103).
Given that almost all the measures described in recitals 209-232 were granted unlawfully after that date, the Commission concludes that the 2004 Guidelines apply.
Glede na to, da so bili vsi ukrepi iz uvodnih izjav 209 do 232 dodeljeni nezakonito po tem datumu, Komisija ugotavlja, da veljajo Smernice iz leta 2004.
The Guidelines apply to firms in all sectors, apart from the exceptions listed in point 18 of the Guidelines.
Smernice veljajo za podjetja v vseh sektorjih, razen izjem iz točke 18 Smernic.
The Framework on State aid to shipbuilding [65], which is the legal framework for the assessment of State aid to this sector, refers to point 12 of the Guidelines as the relevant legal basis for assessing rescue and restructuring aid.
Okvir za državno pomoč ladjedelništvu [65], ki je pravni okvir za oceno državne pomoči v tem sektorju, se nanaša na točko 12 Smernic kot ustrezna pravna podlaga za ocenjevanje pomoči za reševanje in prestrukturiranje.
The Guidelines provide for rescue aid to be granted as temporary assistance for companies in financial difficulty pending such time as a restructuring plan or liquidation plan has been drawn up or with a view to addressing an acute liquidity crisis.
Smernice določajo, da se pomoč za reševanje dodeli kot začasna pomoč za podjetja v finančnih težavah, in sicer do priprave načrta za prestrukturiranje ali likvidacijo ali pa je njihov namen reševanje hude likvidnostne krize.
The Commission notes that the State aid granted to Gdynia Shipyard does not meet either the temporality condition, as all the aid measures were granted for periods well beyond the prescribed 6 months, or the reversibility condition, as irreversible measures were authorised such as capital injections and debt write-offs comparable to grants.
Komisija opaža, da državna pomoč za ladjedelnico Gdynia ne izpolnjuje nobenega pogoja začasnosti, saj so bili vsi ukrepi pomoči dodeljeni za obdobja, ki precej presegajo predpisanih šest mesecev, ali pogoja reverzibilnosti, saj so bili odobreni ireverzibilni ukrepi, kot so dokapitalizacije in odpisi dolgov, primerljivi z nepovratnimi sredstvi.
The Commission therefore concludes that the measures listed in recitals 209-232 are not compatible with the common market as rescue aid.
Komisija zato ugotavlja, da ukrepi iz uvodnih izjav 209 do 232 niso združljivi s skupnim trgom kot pomoč za reševanje.