natgillin/translations-raw huggingface dataset:
Therefore the liabilities shown in Table 26 include appropriate interest backdated to the date of the 2007 agreement for all public creditors apart from the Lower Silesia Region Tax Office (to which interest is still being charged on some tax liabilities) and the Lower Silesian Regional Office (to which interest is still being charged) due to the special legal nature of their claim.
Zato obveznosti iz preglednice 26 vključujejo ustrezne obresti za nazaj, in sicer do datuma sporazuma iz leta 2007, za vse javne upnike, razen za regionalni davčni urad Spodnje Šlezije (za katerega se še vedno zaračunavajo obresti za nekatere davčne obveznosti) in regionalni urad Spodnje Šlezije (za katerega se obresti še vedno zaračunavajo), in sicer zaradi posebne pravne narave njunih terjatev.
It should be noted that as regards Wrocław City Council, the State Fund for the Rehabilitation of the Disabled and the Lower Silesia Region Tax Office, the revised Plan provided for the partial deferral of repayment to public creditors and on the repayment in instalments of part of these liabilities until the sale of PZL Hydral's assets took place, i.e. the liabilities would be repaid in part.
Treba je poudariti, da sta bila v spremenjenem načrtu prestrukturiranja za mestni svet v Vroclavu, državni sklad za rehabilitacijo invalidov in regionalni davčni urad Spodnje Šlezije predvidena delni odlog poplačila javnih upnikov in odplačevanje dela teh obveznosti v obrokih do prodaje podjetja PZL Hydral, tj. obveznosti bi bile delno poplačane.
In particular, the agreement makes detailed provision for:
Sporazum natančno določa zlasti:
repayment of the amount of PLN 4,9 million owed to Wrocław City Council is deferred;
poplačilo zneska v višini 4,9 milijona PLN, dolgovanega mestnemu svetu v Vroclavu, se odloži;
repayment of the amount of PLN 5 million owed to the State Fund for the Rehabilitation of the Disabled is deferred;
poplačilo zneska v višini 5 milijonov PLN, dolgovanega državnemu skladu za rehabilitacijo invalidov, se odloži;
PLN 18,25 million will be used to partially repay the amount owed to the Lower Silesia Region Tax Office; part of this repayment is deferred, part will be repaid into instalments [34] and part will be repaid with interest calculated on the payment date.
18,25 milijona PLN bo uporabljenega za delno poplačilo zneska, dolgovanega regionalnemu davčnemu uradu Spodnje Šlezije; del tega poplačila se odloži, del se odplača v obrokih [34], del pa se poplača z obrestmi, izračunanimi na dan plačila.
On this basis, according to the Ernst&Young study (see Table 26) the creditors would receive PLN 122 million in total in the event of the sale of PZL Wrocław and the other assets of PZL Hydral, while in the event of bankruptcy resulting in the liquidation of PZL Hydral the creditors would receive only PLN 66 million, and three of them (the Ministry of Finance, Lower Silesian Regional Office and the State Fund for the Rehabilitation of the Disabled) would not receive anything.
Na podlagi tega naj bi upniki glede na študijo družbe Ernst&Young (glej preglednico 26) v primeru prodaje podjetja PZL Wrocław in drugih sredstev podjetja PZL Hydral skupno prejeli 122 milijonov PLN, v primeru stečaja in posledične likvidacije podjetja PZL Hydral pa le 66 milijonov PLN, pri čemer trije od njih (ministrstvo za finance, regionalni urad Spodnje Šlezije in državni sklad za rehabilitacijo invalidov) ne bi prejeli ničesar.
In the sale scenario, the public creditors will write off PLN 195 million of public liabilities in total.
Pri scenariju prodaje bodo javni upniki odpisali skupno za 195 milijonov PLN javnopravnih obveznosti.
Despite this, each public creditor is better off in the sale scenario than in the bankruptcy scenario.
Kljub temu je vsak javni upnik pri scenariju prodaje v boljšem položaju kot pri scenariju stečaja.
In total, the public creditors would recover 38,5 % of the amount owed to them.
Skupno bi izterjali 38,5 % dolgovanega zneska.
The Polish authorities informed the Commission that on the basis of the findings of the Ernst&Young study, the public creditors agreed to the partial repayment of their claims in 2010.
Poljski organi so Komisijo obvestili, da so se javni upniki na podlagi študije družbe Ernst&Young strinjali z delnim poplačilom njihovih terjatev v letu 2010.
Debt-for-equity swap for the outstanding loans awarded by the IDA
Zamenjava terjatev v lastniške deleže v zvezi z neodplačanimi posojili, ki jih je dodelila agencija IDA
In the framework of the talks with […], the IDA agreed that its credits would be partially swapped, partially repaid and partially waived.
Agencija IDA se je med pogovori z […] strinjala, da bodo njene terjatve delno zamenjane, delno odplačane in delno odpisane.
The Polish authorities pointed out that the deterioration in PZL Wrocław's financial situation only occurred in 2009 and was caused by the economic downturn, which could not have been predicted and which resulted in a decline in orders from the Polish armed forces of almost […]%.
Poljski organi so poudarili, da se je finančno stanje podjetja PZL Wrocław poslabšalo šele leta 2009 zaradi upada gospodarske rasti, ki ga ni bilo mogoče predvideti in zaradi katerega se je število naročil poljske vojske zmanjšalo za skoraj […] %.
Consequently, the IDA's situation as a creditor worsened considerably, as did the prospects for recovering its claims in full.
Zato sta se položaj agencije IDA kot upnika in njena možnost izterjave vseh terjatev izrazito poslabšala.
The provisions of Annex 2 to the Framework Agreement were negotiated in close correlation with the results of the supplement to the Ernst&Young study.
Pogajanja o določbah Priloge 2 k okvirnemu sporazumu so bila tesno povezana z rezultati dodatka k študiji družbe Ernst&Young.
In particular, it focuses on what the IDA would obtain from its collateral in the bankruptcy scenario and compares this with the amounts it could expect if PZL Wrocław were sold to the investor.
Osredotočen je zlasti na to, kaj bi agencija IDA pri scenariju stečaja pridobila na podlagi zavarovanja, to pa je primerjano z zneski, ki bi jih lahko pričakovala, če bi bilo podjetje PZL Wrocław prodano vlagatelju.
The supplement to the Ernst&Young study points out that the assets of PZL Wrocław were encumbered by pledges and mortgages.
V dodatku k študiji družbe Ernst&Young je poudarjeno, da so bila sredstva podjetja PZL Wrocław obremenjena z zastavnimi pravicami in hipotekami.
The book value of all PZL Wrocław's assets on 31 December 2009 was PLN 52,5 million, of which secured assets accounted for PLN 21,3 million and unsecured/non-encumbered assets PLN 31,2 million.
Knjigovodska vrednost vseh sredstev podjetja PZL Wrocław je 31. decembra 2009 znašala 52,5 milijona PLN, od tega za 21,3 milijona PLN zavarovanih sredstev in 31,2 milijona PLN nezavarovanih/neobremenjenih sredstev.
As PZL Wrocław owns PZL Hydral's production assets (which it purchased between 2004 and 2007), this decision would impact on some of PZL Hydral's public liabilities.
Ker ima podjetje PZL Wrocław v lasti proizvodna sredstva podjetja PZL Hydral (ki jih je kupilo med letoma 2004 in 2007), bi ta odločba vplivala na nekatere javnopravne obveznosti podjetja PZL Hydral.
The value of the claims that would be affected by such proceedings would correspond to PZL Hydral's public liabilities generated in 2006–07 and would amount to a minimum of PLN 64,4 million [36].
Vrednost terjatev, na katere bi tak postopek vplival, ustreza javnopravnim obveznostim podjetja PZL Hydral, nastalim v obdobju 2006–2007, in znaša vsaj 64,4 milijona PLN [36].
According to the supplement to the Ernst&Young study, the value of these claims would exceed the book value of the unsecured/non-encumbered assets.
V skladu z dodatkom k študiji družbe Ernst&Young bi vrednost teh terjatev presegala knjigovodsko vrednost nezavarovanih/neobremenjenih sredstev.
At the same time, the book value of these assets should be considered in the light of their market value as they are receivables, cash and other monetary assets.
Hkrati je treba knjigovodsko vrednost teh sredstev obravnavati glede na njihovo tržno vrednost, saj so to denarne terjatve, gotovina in druga denarna sredstva.
In the event of PZL Wrocław going bankrupt, only assets secured by mortgages and registered pledges would therefore take priority over the claims of the tax authorities.
V primeru stečaja podjetja PZL Wrocław bi imela pred terjatvami davčnih organov prednost samo sredstva, zavarovana s hipotekami in registriranimi zastavnimi pravicami.
The claims of PZL Wrocław's unsecured private creditors could not have been satisfied from PZL Wrocław's assets.
Terjatev nezavarovanih zasebnih upnikov podjetja PZL Wrocław s sredstvi tega podjetja ne bi bilo mogoče poravnati.
In the light of the fact that not all creditors’ claims would be satisfied from the bankruptcy estate, PZL Wrocław shares would have zero value in the event of bankruptcy.
Ob upoštevanju dejstva, da s stečajnim premoženjem ne bi bilo mogoče poravnati terjatev vseh upnikov, bi bila vrednost delnic podjetja PZL Wrocław v primeru stečaja ničelna.
Equally, as only the holders of registered pledges and mortgages would be satisfied, ordinary pledges are worthless.
Enako bi bile brez vrednosti tudi običajne zastavne pravice, saj bi bile poravnane samo terjatve imetnikov registriranih zastavnih pravic in hipotek.
On that basis, the supplement to the Ernst&Young study analyses the value of the IDA's registered pledge on PZL Wrocław's assets.
Na podlagi tega je v dodatku k študiji družbe Ernst&Young analizirana vrednost registrirane zastavne pravice agencije IDA na sredstvih podjetja PZL Wrocław.
The value of the collateral in the form of registered pledges on machinery is determined on the basis of the assumption that the value of the assets pledged in the event of bankruptcy would be 50 % of their net book value, as their fair value was not available and the value of movable fixed assets was subject to change in line with the applicable depreciation rate.
Vrednost zavarovanja v obliki registriranih zastavnih pravic na strojih je določena na podlagi predpostavke, da bi vrednost zastavljenih sredstev v primeru stečaja znašala 50 % njihove čiste knjigovodske vrednosti, saj njihova poštena vrednost ni bila na voljo, vrednost premičnih osnovnih sredstev pa se je spreminjala v skladu z veljavno amortizacijsko stopnjo.
Ernst&Young took the view that the value in the event of a fire sale was representative in the light of the possibility of using the evaluated assets for certain purposes and as part of certain production processes, the possibility of using them for alternative purposes and the nature of the contracts with which they were associated.
Družba Ernst&Young je menila, da je vrednost v primeru prisilne prodaje reprezentativna ob upoštevanju možnosti, da se ocenjena sredstva uporabijo za nekatere namene in kot del nekaterih proizvodnih postopkov, možnosti njihove uporabe za alternativne namene in narave pogodb, s katerimi so bila povezana.
The Ernst&Young study points out that when the assets to be sold are highly specific and are used to produce for a specific buyer, their liquidation value can be very low and can amount to 30 % of their net book value.
V študiji družbe Ernst&Young je poudarjeno, da je lahko likvidacijska vrednost prodajanih sredstev, kadar so zelo posebna in se uporabljajo pri proizvodnji za posebnega kupca, zelo majhna in lahko znaša 30 % njihove čiste knjigovodske vrednosti.
In particular, the 2007 loan was secured by a list of 1709 items which depreciated over the years and around 1400 items with a value of less than PLN 3500; consequently, a one-off depreciation was carried out.
Natančneje, posojilo iz leta 2007 je bilo zavarovano s seznamom 1709 predmetov, katerih vrednost se je z leti zmanjšala, pri čemer je bila vrednost približno 1400 predmetov manjša od 3500 PLN, zato je bila izvedena enkratna amortizacija.
As did the main report, the supplement to the Ernst&Young study disregarded the effect of inflation, i.e. in view of potentially lengthy bankruptcy proceedings, on the assessment of the bankruptcy scenario from the perspective of PZL Wrocław's creditors.
Kot v glavnem poročilu tudi v dodatku k študiji družbe Ernst&Young ni bilo upoštevano, kakšen vpliv ima inflacija, in sicer v skladu z možnostjo dolgotrajnega stečajnega postopka, na oceno scenarija stečaja z vidika upnikov podjetja PZL Wrocław.
According to this study, the net book value of the assets serving as a registered pledge on machinery was PLN 2106392,71 on 31 January 2010.
Glede na to študijo je čista knjigovodska vrednost sredstev, uporabljenih za registrirano zastavno pravico na strojih, 31. januarja 2010 znašala 2106392,71 PLN.
If this formula is applied to the net book value of the assets, their value (in bankruptcy) in the event of a fire sale is estimated at PLN 1053196,36.
Če se ta formula uporabi za čisto knjigovodsko vrednost sredstev, je njihova vrednost (pri stečaju) v primeru prisilne prodaje ocenjena na 1053196,36 PLN.
The supplement to the Ernst&Young study concludes that the IDA obtains PLN 1053196,36 under the bankruptcy scenario and [> PLN 1053196,36] under the sale scenario (as specified in Annex 2 to the Framework Agreement).
V dodatku k študiji družbe Ernst&Young je ugotovljeno, da agencija IDA pri scenariju stečaja pridobi 1053196,36 PLN, pri scenariju prodaje pa [> 1053196,36 PLN] (kot je opredeljeno v Prilogi 2 k okvirnemu sporazumu).
The Polish authorities informed the Commission that the net book value of assets serving as a registered pledge for the 2007 loan amounted in the audited 2007 financial reports to PLN 5480861,37 and in the audited financial reports as at 31 January 2010 to PLN 818967,55.
Poljski organi so Komisijo obvestili, da je čista knjigovodska vrednost sredstev, uporabljenih za registrirano zastavno pravico za posojilo iz leta 2007, v revidiranih finančnih poročilih za leto 2007 znašala 5480861,37 PLN, v revidiranih finančnih poročilih za 31. januar 2010 pa 818967,55 PLN.
Accordingly, the Polish authorities withdrew from the two capital injections to PZL Hydral, arguing that the partial write-offs and partial repayments of public liabilities were free of state aid in the light of the private creditor rule.
V skladu s tem so poljski organi odstopili od dveh dokapitalizacij podjetja PZL Hydral, pri čemer so trdili, da delni odpisi in delna poplačila javnopravnih obveznosti ob upoštevanju merila zasebnega upnika ne vsebujejo elementov državne pomoči.
They also stated that the public creditors’ conduct in the past (1998-2007) was in line with the private creditor rule.
Navedli so tudi, da je bilo ravnanje javnih upnikov v preteklosti (1998–2007) v skladu z merilom zasebnega upnika.
They also indicated that the sale of PZL Wrocław had been open, transparent and unconditional and that the price offered by the investor could be regarded as a market price.
Navedli so še, da je bila prodaja podjetja PZL Wrocław odprta, pregledna in brez določenih pogojev ter da je ceno, ki jo je ponudil vlagatelj, mogoče šteti za tržno ceno.
The Polish authorities argued that both the 2007 and 2008 loans had been awarded on market terms.
Poljski organi so trdili, da sta bili posojili iz let 2007 in 2008 odobreni pod tržnimi pogoji.
They also withdrew from the debt-for-equity swap for the 2007 loan described above but proposed a partial swap for both the 2007 and 2008 loans prior to the sale, arguing that this complied with the private creditor rule.
Prav tako so odstopili od zamenjave terjatev v lastniške deleže v zvezi z zgoraj opisanim posojilom iz leta 2007, za posojili iz let 2007 in 2008 pa so predlagali delno zamenjavo pred prodajo, saj naj bi bilo to v skladu z merilom zasebnega upnika.
COMPETENCE OF THE COMMISSION
PRISTOJNOST KOMISIJE
The initial part of certain measures, namely the non-enforcement of public liabilities against PZL Hydral, started in 1998, i.e. prior to Poland's accession to the EU on 1 May 2004.
Prvi del nekaterih ukrepov, zlasti neizterjave javnopravnih obveznosti od podjetja PZL Hydral, se je začel leta 1998, tj. pred pristopom Poljske k EU 1. maja 2004.
Under the Accession Treaty, aid measures put into effect in the new Member States before accession and still applicable after accession which constitute state aid within the meaning of Article 107(1) of the TFEU and are not existing aid are to be treated as new aid for the purpose of applying Article 108(3) of the TFEU.
V skladu s pristopno pogodbo je treba ukrepe pomoči, ki so v novih državah članicah začeli veljati pred pristopom in se uporabljajo tudi po njem ter pomenijo državno pomoč v smislu člena 107(1) PDEU, pri čemer niso obstoječa pomoč, obravnavati kot novo pomoč za namene uporabe člena 108(3) PDEU.
Point 3 of Annex IV to the Accession Treaty sets out the interim mechanism procedure.
V točki 3 Priloge IV k pristopni pogodbi je predviden postopek začasnega mehanizma.
It constitutes a legal framework for the assessment of aid schemes and individual aid measures which are put into effect in a new Member State before the date of its accession to the EU and are applicable after accession.
Določa pravni okvir za ocenjevanje shem pomoči in posameznih ukrepov pomoči, ki so v novi državi članici začeli veljati pred datumom njenega pristopa k EU in se uporabljajo tudi po njem.
Aid measures that were put into effect before accession and are not applicable after accession cannot be examined by the Commission, either under the interim mechanism procedure or under the procedure laid down in Article 108(2) of the TFEU.
Komisija ukrepov pomoči, ki so začeli veljati pred pristopom in se po njem ne uporabljajo, ne more preučiti niti na podlagi postopka začasnega mehanizma niti na podlagi postopka iz člena 108(2) PDEU.
On the other hand, measures that were not put into effect until after accession will be assessed by the Commission as notified aid or as unlawful aid pursuant to the procedure laid down in Article 108(2) of the TFEU.
Po drugi strani bo Komisija ukrepe, ki so začeli veljati šele po pristopu, na podlagi postopka iz člena 108(2) PDEU ocenjevala kot priglašeno pomoč ali nezakonito pomoč.
A measure is applicable after accession if it was put into effect before accession but can still give rise, after accession, to the granting of additional aid or to an increase in the amount of aid already granted, i.e. if the precise economic exposure of the state is not known on the date on which the measure was put into effect and is still not known on the date of accession.
Ukrep se lahko uporablja po pristopu, če je začel veljati pred njim, vendar lahko po pristopu še vedno vodi do odobritve dodatne pomoči ali povečanja zneska že odobrene pomoči, in sicer če natančna gospodarska izpostavljenost države ob začetku veljavnosti ukrepa in pristopu še ni znana.
In the present case, the Commission notes that the non-enforcement of public creditors’ liabilities started in 1998, and continued at the date of accession.
Komisija v obravnavanem primeru ugotavlja, da se je neizterjava obveznosti do javnih upnikov začela leta 1998 in se nadaljevala tudi na datum pristopa.
The Commission considers that the non-enforcement of all liabilities outstanding on 1 May 2004 fell under its jurisdiction as of that date.
Po njenem mnenju je neizterjava vseh obveznosti, ki 1. maja 2004 niso bile poravnane, tega dne prešla v njeno pristojnost.
In the light of the foregoing, the non-enforcement of the public liabilities outstanding on 1 May 2004 constitutes a measure applicable after accession and falls under the Commission's jurisdiction pursuant to Article 108 of the TFEU.
Glede na zgoraj navedeno neizterjava javnopravnih obveznosti, ki 1. maja 2004 niso bile poravnane, v skladu s členom 108 PDEU pomeni ukrep, ki se uporablja po pristopu in spada v pristojnost Komisije.
According to Article 107(1) of the TFEU, state aid is aid granted by a Member State or through state resources in any form whatsoever which distorts or threatens to distort competition by favouring certain undertakings or the production of certain goods in so far as it affects trade between Member States.
V skladu s členom 107(1) PDEU je državna pomoč pomoč, ki jo dodeli država članica, ali kakršna koli vrsta pomoči iz državnih sredstev, ki izkrivlja ali bi lahko izkrivljala konkurenco z dajanjem prednosti posameznim podjetjem ali proizvodnji posameznega blaga, kolikor prizadene trgovino med državami članicami.
The conditions laid down in Article 107(1) of the TFEU are cumulative and therefore for a measure to be qualified as state aid all the conditions must be fulfilled simultaneously.
Pogoji iz člena 107(1) PDEU so kumulativni, zato morajo biti izpolnjeni vsi hkrati, da se ukrep šteje za državno pomoč.
In the following sections, the Commission assesses possible state aid to PZL Hydral and PZL Wrocław separately.
Komisija v naslednjih odstavkih ločeno ocenjuje morebitno državno pomoč podjetjema PZL Hydral in PZL Wrocław.
It identifies the following measures concerning PZL Hydral:
V zvezi s podjetjem PZL Hydral opredeljuje naslednje ukrepe:
the planned and withdrawn capital injections for PZL Hydral,
načrtovani in odpovedani dokapitalizaciji podjetja PZL Hydral;
the enforcement of public liabilities against PZL Hydral (1998-2007),
izterjava javnopravnih obveznosti od podjetja PZL Hydral (1998–2007);
the settlement with the public creditors of PZL Hydral (2007-10).
poravnava podjetja PZL Hydral z javnimi upniki (2007–2010).
It identifies the following measures concerning PZL Wrocław:
V zvezi s podjetjem PZL Wrocław ugotavlja naslednje ukrepe:
the 2007 loan,
posojilo iz leta 2007;
the 2008 loan,
posojilo iz leta 2008;
the debt-for-equity swap concerning the 2007 and 2008 loans.
zamenjavo terjatev v lastniške deleže v zvezi s posojiloma iz let 2007 in 2008.
The Commission notes that the Polish authorities contested the classification of the above-mentioned measures as state aid, claiming that the measures passed the private creditor test (in the case of the measures for PZL Hydral and the 2010 debt-for-equity swap for PZL Wrocław) and the market investor test (in the case of the 2007 and the 2008 loans to PZL Wrocław).
Komisija ugotavlja, da so poljski organi nasprotovali opredelitvi zgoraj navedenih ukrepov za državno pomoč, pri čemer so trdili, da ukrepi izpolnjujejo merilo zasebnega upnika (v primeru ukrepov za podjetje PZL Hydral in zamenjave terjatev v lastniške deleže v letu 2010 za podjetje PZL Wrocław) ter preskus tržnega vlagatelja (v primeru posojil iz leta 2007 in 2008 za podjetje PZL Wrocław).
The withdrawn capital injections to PZL Hydral
Odpovedani dokapitalizaciji podjetja PZL Hydral
Pursuant to Article 8 of Council Regulation (EC) No 659/1999 of 22 March 1999 laying down detailed rules for the application of Article 93 of the EC Treaty [37] (‘the Procedural Regulation’), a Member State may, after the opening of the formal investigation procedure, withdraw the notification in due time before the Commission has taken a decision on whether the notified measure constitutes aid.
Država članica lahko v skladu s členom 8 Uredbe Sveta (ES) št. 659/1999 z dne 22. marca 1999 o določitvi podrobnih pravil za uporabo člena 93 Pogodbe ES [37] (v nadaljnjem besedilu: postopkovna uredba) po začetku formalnega postopka preiskave pravočasno umakne uradno priglasitev, preden Komisija sprejme odločitev, ali priglašeni ukrep pomeni pomoč.
In such cases, the Commission terminates the procedure on the basis that it no longer serves any purpose.
Komisija v takih primerih postopek konča z utemeljitvijo, da ni več smiseln.
The Polish authorities withdrew the two notified capital injections (PLN 113 million).
Poljski organi so odpovedali dve priglašeni dokapitalizaciji (113 milijonov PLN).
Accordingly, the Commission’s investigation into these measures no longer serves any purpose.
Zato preiskava Komisije v zvezi s tema ukrepoma ni več smiselna.
Non-enforcement of public liabilities against PZL Hydral (1998-2007)
Neizterjava javnopravnih obveznosti od podjetja PZL Hydral (1998–2007)