natgillin/translations-raw huggingface dataset:
GROUNDS FOR INITIATING THE FORMAL INVESTIGATION PROCEDURE AS REGARDS THE AID CHARACTER OF THE MEASURE AT THE LEVEL OF THE CONCESSION HOLDERS
RAZLOGI ZA ZAČETEK FORMALNEGA POSTOPKA PREISKAVE GLEDE NARAVE POMOČI UKREPA NA RAVNI KONCESIONARJEV
In its opening decision, the Commission took the preliminarily view that the criteria required to conclude that the port authority behaved like a private investor when establishing the concession fees to be charged to the future concession holders were not fully complied with.
Komisija je v sklepu o začetku postopka zavzela predhodno stališče, da pogoji, na podlagi katerih bi lahko sklepali, da je pristaniški organ pri določitvi koncesijskih dajatev, ki se bodo zaračunavale prihodnjim koncesionarjem, deloval kot zasebni vlagatelj, niso bili v celoti izpolnjeni.
The Commission expressed doubts both as to the methodology used to establish the concession fee itself, as well as to the independent character of the expert’s valuation.
Komisija je izrazila dvome tako glede metodologije, ki je bila uporabljena za določitev koncesijske dajatve, kot tudi glede neodvisne narave strokovne ocene.
Methodologies used by the port authority to establish the concession fees
Metodologije, ki jih je pristaniški organ uporabil za določitev koncesijskih dajatev
The independent expert which valuated the concession fees has used two different methodologies, namely benchmarking and income.
Neodvisni izvedenec, ki je ocenil koncesijske dajatve, je uporabil dve različni metodologiji, in sicer primerjalni in dohodkovni pristop.
With regard to the liquid berth, the expert only used income.
V zvezi s privezom za tekoči tovor je uporabil samo dohodkovni pristop.
With regard to benchmarking, the Commission observed that it was mainly based on ongoing contracts in the same port.
V zvezi s primerjalnim pristopom je Komisija ugotovila, da je večinoma temeljil na obstoječih pogodbah v istem pristanišču.
Therefore, the Commission raised doubts as to its reliability.
Zato je Komisija izrazila dvom glede njegove zanesljivosti.
The Commission noted that such benchmarking could not be conclusive insofar as there was no indication that a market oriented concession fee is paid pursuant to the contracts used as reference.
Komisija opozarja, da tak primerjalni pristop ne more biti celovit, če ni nobenih dokazov, da se v skladu z referenčnimi pogodbami plačuje tržno usmerjena koncesijska dajatev.
In addition, the Commission noted that the analysis has been carried out in respect to the same three concession agreements for both the dry bulk terminal and berth No 12 for general and bulk cargo, despite the fact that those terminals appear to differ substantially in their nature.
Poleg tega Komisija opozarja, da analiza temelji na treh enakih koncesijskih pogodbah tako za terminal za suhi razsuti tovor kot za privez št. 12 za splošni in razsuti tovor ne glede na to, da se ta terminala bistveno razlikujeta po svoji naravi.
With regard to the income approach used in the evaluation, the Commission observed that it did not appear to reflect the entirety of the investment cost in the case of the dry bulk terminal and berth No 12.
V zvezi z dohodkovnim pristopom, uporabljenim v oceni, je Komisija ugotovila, da ta v primeru terminala za suhi razsuti tovor in priveza št. 12 ne odraža v celoti investicijskih stroškov.
Independent character of the expert’s valuation
Neodvisna narava strokovne ocene
The Commission noted that a decision taken by the port board already in March 2006 showed the commitment of the port to grant the concession for the operation of berth No 35 to […] after completion of the construction works.
Komisija opozarja, da iz sklepa, ki ga je uprava pristanišča sprejela že marca 2006, izhaja, da je uprava po dokončanju gradbenih del nameravala dodeliti koncesijo za upravljanje priveza št. 35 podjetju […].
The methodology of calculation of the concession fee, based on the same principles as the independent evaluation, is detailed therein.
V tem sklepu je tudi podrobno opisana metodologija izračuna koncesijske dajatve na podlagi enakih načel kot pri neodvisni oceni.
Consequently, the Commission raised doubts as to the independent character of the evaluation as such.
Zato je Komisija izrazila dvome glede neodvisne narave take ocene.
The Commission considered that the public financing of the construction of the terminal and the two berths appeared to provide a selective economic advantage to the operators of the infrastructure in question and thus to constitute aid in the meaning of Article 107(1) TFEU.
Komisija meni, da javno financiranje izgradnje terminala in obeh privezov morda zagotavlja selektivno ekonomsko prednost upravljavcem zadevne infrastrukture in tako pomeni pomoč v smislu člena 107(1) PDEU.
The Commission took the preliminary view that any aid to the concession holders would constitute operating aid, relieving them from costs they would normally have to bear.
Komisija je zavzela predhodno stališče, da bi vsaka pomoč koncesionarjem pomenila pomoč za tekoče poslovanje in jih razbremenila stroškov, ki bi jih običajno morali nositi.
According to the case law of the Court, such operating aid is in principle incompatible with the internal market [5].
V skladu s sodno prakso Sodišča je taka pomoč za tekoče poslovanje načeloma nezdružljiva z notranjim trgom. [5]
THE CONCESSION HOLDERS
KONCESIONARJI
The Latvian authorities maintain that the three operators have been chosen by the port authority on objective grounds and represent the most viable alternative as operators of the newly built infrastructure.
Latvijski organi trdijo, da je pristaniški organ vse tri upravljavce izbral na podlagi objektivnih razlogov in da predstavljajo najboljšo možno izbiro za upravljavce novo zgrajene infrastrukture.
Dry cargo terminal
Terminal za suhi tovor
The port authority intends to grant the concession for the operation of the dry bulk terminal to […], dealing mainly with the transhipment of wood.
Pristaniški organ namerava dodeliti koncesijo za upravljanje terminala za suhi razsuti tovor podjetju […], katerega osnovna dejavnost je pretovarjanje lesa.
The Latvian authorities explain that the presence of […] in the port is essential because of the particular significance of wood exports in the region.
Latvijski organi pojasnjujejo, da je prisotnost […] v pristanišču bistvena zaradi posebnega pomena, ki ga regija pripisuje izvozu lesa.
As explained above, […] is currently providing cargo handling services in the territory leased by the port authority to […] on the basis of a sublease agreement concluded with the […].
Kakor je pojasnjeno zgoraj, […] trenutno izvaja postopke ravnanja s tovorom na ozemlju, ki ga je pristaniški organ dal v zakup podjetju […] na podlagi podzakupne pogodbe, sklenjene s podjetjem […].
Given that […] intends to extend its operations and use the leased territory in its entirety, the port board adopted in October 2005 a resolution to construct a new terminal and subsequently grant the concession for its operation to […] (see Annex I).
Glede na to, da namerava […] razširiti svojo dejavnost in v celoti uporabljati zakupljeno zemljišče, je uprava pristanišča oktobra 2005 sprejela sklep, da se zgradi nov terminal in nato dodeli koncesija za njegovo upravljanje podjetju […] (glej Prilogo I).
The Latvian authorities maintain that the decision to award the concession contract to this particular operator is based on purely objective commercial grounds.
Latvijski organi trdijo, da odločitev o dodelitvi koncesijske pogodbe prav temu upravljavcu temelji izključno na objektivnih poslovnih razlogih.
In this sense the Latvian authorities underline that […] represents the most feasible solution for the operation of the terminal since it already owns the equipment required for the handling of dry cargoes.
V tem smislu latvijski organi poudarjajo, da […] pomeni najboljšo možno rešitev za upravljanje terminala, saj že razpolaga z opremo, ki je potrebna za pretovarjanje suhega tovora.
In addition, no other potential concessionaire has expressed an interest to operate the dry bulk terminal.
Poleg tega noben drug potencialni koncesionar ni izrazil interesa za upravljanje terminala za suhi razsuti tovor.
The Latvian authorities underline that it is in the interest of the port authority to initiate negotiations with all potentially interested parties, in particular since a significant portion of port land is still unused.
Latvijski organi poudarjajo, da je v interesu pristaniškega organa, da začne pogajanja z vsemi potencialnimi zainteresiranimi stranmi, zlasti ker je znaten delež ozemlja še vedno neizkoriščen.
[…] has already transhipped in the port more than […] thousand m3 per year and has thus already established a solid business network.
[…] je v tem pristanišču pretovoril že več kot […] tisoč m3 na leto in tako že vzpostavil trdno poslovno mrežo.
The port authority considers that the company would be able to maintain such cargo turnover in the future and thus offer the required guarantees as regards the recovery of the investments carried out by the port authority.
Pristaniški organ meni, da bi navedeno podjetje lahko vzdrževalo tak promet s tovorom tudi v prihodnje in s tem nudilo zahtevana jamstva glede vračila naložb, ki jih je izvedel pristaniški organ.
Berth No 35
Privez št. 35
The berth will replace jetty No 1 for the transhipment of liquid hazardous cargoes.
Privez bo nadomestil pomol št. 1 za pretovarjanje nevarnih tekočih tovorov.
The jetty is currently outdated and cannot therefore be used for cargo handling.
Pomol je trenutno zastarel, zato se ne more uporabljati za postopke ravnanja s tovorom.
As explained above, the restoration of the capacity of liquid cargoes in the port of Ventspils is linked to this particular location because of safety requirements and constraints related to the required depth for liquid cargo vessels of appropriate tonnage.
Kot je pojasnjeno zgoraj, je obnova zmogljivosti za tekoči tovor v pristanišču Ventspils vezana prav na to lokacijo zaradi varnostnih zahtev in omejitev v zvezi z zahtevano globino za plovila s tekočim tovorom ustrezne nosilnosti.
The Latvian authorities state that granting the concession for the operation of berth No 35 to a different company is not possible in practice precisely due to the specific location of the infrastructure at stake within the port.
Latvijski organi trdijo, da v praksi ni mogoče dodeliti koncesije za upravljanje priveza št. 35 drugemu podjetju prav zaradi posebne lokacije zadevne infrastrukture v pristanišču.
Currently the entirety of the adjacent port territory is leased to […] (see Annex II).
Trenutno se celotno sosednje pristaniško ozemlje daje v zakup […] (glej Prilogo II).
Moreover, it is argued that, similarly to […], since […] has already handled liquid cargoes in Ventspils port, the operator owns all the equipment required for transhipment of liquid cargoes, which is essential to the operation of the berth.
Poleg tega zatrjujejo, da upravljavec, podobno kot […], ker je […] že izvajal postopke ravnanja s tekočim tovorom v pristanišču Ventspils, razpolaga z vso opremo, ki je potrebna za pretovarjanje tekočih tovorov, kar je bistveno za upravljanje priveza.
Berth No 12
Privez št. 12
The project aims to increase the discharge capacity of general cargo.
Cilj projekta je povečati zmogljivost raztovarjanja splošnega tovora.
The Latvian authorities explain that the decision to construct the berth is linked to the conclusion by the port authority of a long-term land lease agreement with a subsidiary of […].
Latvijski organi pojasnjujejo, da je odločitev za izgradnjo priveza povezana s sklepom pristaniškega organa, da sklene dolgoročno pogodbo o zakupu zemljišča s podružnico podjetja […].
The subsidiary of […] intends to establish a building modules factory on the territory of the port.
Podružnica podjetja […] namerava na ozemlju pristanišča postaviti tovarno za gradbene module.
The building modules may only be transported to export markets by ro-ro vessels.
Za prevoz gradbenih modulov na izvozne trge so primerna samo plovila ro-ro.
The Latvian authorities however underline that prior to the conclusion of the lease contract with […], the port authority participated to various tenders organised by freight forwarders and potential concessionaires of berth No 12, such as […], but was unsuccessful.
Vendar latvijski organi poudarjajo, da je pred sklenitvijo zakupne pogodbe s podjetjem […] pristaniški organ sodeloval na različnih razpisih, ki so jih organizirali špediterji tovora in potencialni koncesionarji priveza št. 12, na primer […], vendar ni bila uspešna.
According to the Latvian authorities, transport of the modules from the factory itself to the berth can only be carried out by rail and road, alongside the territory of Universal terminal No 2 operated by […].
Po navedbah latvijskih organov je prevoz modulov iz tovarne do priveza mogoč samo po železnici in cesti vzdolž ozemlja univerzalnega terminala št. 2, ki ga upravlja […].
Furthermore, the Latvian authorities state that there are only two potential operators of the berth, i.e. […] and […].
Poleg tega latvijski organi navajajo, da obstajata samo dva potencialna upravljavca priveza, tj. […] in […].
By the comments submitted in the context of the formal investigation procedure, the Latvian authorities have clarified that the concession contract for the operation of the berth would be granted to […].
S pripombami, ki so bile poslane v okviru formalnega postopka preiskave, so latvijski organi pojasnili, da bo koncesijska pogodba za upravljanje priveza dodeljena podjetju […].
Given that the only way to deliver the building modules from the factory to berth No 12 is through the territory leased to the […] (see Annex III), the port authority considers […] as the most realistic alternative.
Glede na to, da se gradbeni moduli iz tovarne do priveza št. 12 lahko dostavijo samo prek ozemlja, ki je dano v zakup podjetju […] (glej Prilogo III), pristaniški organ meni, da je […] najbolj realna možnost.
In addition, the Latvian authorities underline that the surface of the port plot adjacent to the berth does not allow storage of cargo.
Poleg tega latvijski organi poudarjajo, da površina pristaniške parcele poleg priveza ne omogoča skladiščenja tovora.
Therefore it is necessary to ensure the reliable connections with other areas of the port where storage is possible.
Zato je treba zagotoviti zanesljive povezave z drugimi območji pristanišča, ki omogočajo skladiščenje.
It is also claimed that, considering both the location of the berth as well as its technical parameters, the berth will serve freight forwarders located in an area up to 12 ha, irrespective of the type of cargo handled.
Prav tako se sklicujejo na dejstvo, da bo privez glede na svojo lego in tehnične parametre primeren za špediterje tovora, ki se nahajajo v območju do 12 ha, ne glede na vrsto tovora, ki se pretovarja.
THE EXPERT VALUATION
STROKOVNA OCENA
Separate valuations have been carried out for each of the concession contracts for the user specific infrastructure.
V okviru vsake koncesijske pogodbe so bile opravljene ločene ocene za uporabniško specifično infrastrukturo.
The Latvian authorities maintain that these valuations have been carried out in accordance with the Latvian Valuation Standards and International Valuation Standards.
Latvijski organi zatrjujejo, da so bile te ocene opravljene v skladu z latvijskimi in mednarodnimi standardi ocenjevanja vrednosti.
As regards the methodology used, the Latvian authorities underline that, given the location and characteristic of the Riga and Liepaja ports, the benchmarking exercise (the so-called ‘comparison approach’) is fully reliable.
V zvezi z uporabljeno metodologijo latvijski organi poudarjajo, da je glede na lego in značilnosti pristanišč Riga in Liepaja, primerjava (tako imenovani „primerjalni pristop“) povsem zanesljiva.
The concession fees paid by the service providers operating in these ports have been provided by the port authorities themselves and should therefore be considered as trustworthy.
Koncesijske dajatve, ki jih plačujejo ponudniki storitev, delujoči v teh pristaniščih, so predložili sami pristaniški organi in se torej lahko štejejo za verodostojne.
According to the Latvian authorities, the reviewed valuations, based on cash flow analysis, should also allay the Commission’s doubts as regards their independent character.
Po navedbah latvijskih organov naj bi pregledane ocene, na podlagi analize denarnega toka, tudi pomirile dvome Komisije v zvezi z njihovo neodvisno naravo.
In what follows, the Commission will detail in turn the methodology used by the expert to establish the concession fees.
V nadaljevanju bo Komisija postopoma podrobno opisala metodologijo, ki jo je izvedenec uporabil za določitev koncesijskih dajatev.
The assessment is based on two methods, as follows:
Ocena temelji na naslednjih dveh metodah:
Comparable transaction approach
Pristop primerljivih transakcij
The benchmarking exercise is carried out in respect of three contracts considered as comparable in Ventspils port.
Primerjava se izvede na podlagi treh pogodb, ki se štejejo za primerljive v pristanišču Ventspils.
The expert used correction quotients in order to establish an adequate concession fee.
Izvedenec je za določitev ustrezne koncesijske dajatve uporabil korekcijske količnike.
The following factors were taken into account: time and conditions of conclusion of the contract, location, description of the berths, rent area, technical conditions of terminals and access to utilities.
Upoštevani so bili naslednji dejavniki: čas in pogoji za sklenitev pogodbe, lega, opis privezov, zakupljeno zemljišče, tehnični pogoji terminalov in dostop do komunalnih storitev.
The calculated concession fee equals EUR […] per sm per year.
Izračunana koncesijska dajatev znaša […] EUR na m2 letno.
The valuer set the concession fee at EUR […] per sm per year.
Ocenjevalec je določil koncesijsko dajatev v višini […] EUR na m2 letno.
Income approach
Dohodkovni pristop
The income approach is used to assess whether the discounted values of future income allow full coverage of the total investment costs (including the loading area, dredging and access railways costs) and provides for financial projections for a period of 25 years.
Dohodkovni pristop se uporabi za oceno, ali diskontirane vrednosti prihodnjih dohodkov omogočajo, da se v celoti pokrijejo vsi investicijski stroški (vključno s stroški nakladalnega območja, izkopa in železniških povezav), in zagotavlja finančne napovedi za obdobje 25 let.
Estimated income and costs are corrected by a discount rate of 7,5 %, which reflects the investment risk level.
Ocenjeni dohodki in stroški se prilagodijo z diskontno stopnjo 7,5 %, ki odraža stopnjo naložbenega tveganja.
The independent appraisal takes into account income from port dues and fees and income resulting from the use of port land and infrastructure.
Pri neodvisni oceni se upošteva dohodek od pristaniških pristojbin in dajatev ter dohodek, ki izhaja iz uporabe pristaniškega zemljišča in infrastrukture.
Total investment costs are taken into account.
Upoštevajo se skupni investicijski stroški.
Based on different levels of cargo turnover, the net present value (NPV), internal rate of return (IRR) and benefit costs ratio (BCR) are forecasted for concession fees ranging from EUR […] per sm to EUR […] per sm per year.
Na podlagi različnih stopenj prometa s tovorom se za koncesijske dajatve v razponu od […] EUR na m2 do […] EUR na m2 letno napovejo neto sedanja vrednost (NPV), notranja stopnja donosa (IRR) ter razmerje med stroški in koristmi (BCR).
The financial indicators justify a concession fee of at least EUR […] per sm per year at an average cargo turnover of […] tonnes per year and EUR […] per sm per year for an average cargo turnover of […] tonnes per year.
Finančni kazalniki upravičujejo koncesijsko dajatev v višini najmanj […] EUR na m2 letno pri povprečnem prometu s tovorom […] ton letno in […] EUR na m2 letno pri povprečnem prometu s tovorom […] ton letno.
If the average turnover exceeds […] tonnes per year, the concession fee can be minimal.
Če povprečni promet presega […] ton letno, je lahko koncesijska dajatev minimalna.
Given that the forecasted average cargo turnover is […] tons per year, the independent valuer concludes that an annual concession fee between EUR […] and EUR […] per sm per year is justified.
Če privzamemo, da je načrtovani povprečni promet s tovorom […] ton letno, neodvisni ocenjevalec sklepa, da znaša upravičena letna koncesijska dajatev od […] EUR do […] EUR na m2 letno.
Taking into account both methods detailed above, the independent valuer set the concession fee at EUR […] per sm per year.
Na podlagi obeh zgoraj opisanih metod je neodvisni ocenjevalec določil koncesijsko dajatev v višini […] EUR na m2 letno.
The table below provides the values of the financial indicators of the project taking into account the resulted concession fee:
V spodnji tabeli so navedene vrednosti finančnih kazalnikov projekta ob upoštevanju izvedene koncesijske dajatve:
Cargo turnover […] tonnes, concession fee EUR […] per sm per year, discount rate 7,5 %, growth rate 2,28 %
Promet s tovorom […] ton, koncesijska dajatev […] EUR na m2 letno, diskontna stopnja 7,5 %, stopnja rasti 2,28 %
Without Cohesion Fund grant
Brez dotacije iz Kohezijskega sklada
With Cohesion Fund grant
Z dotacijo iz Kohezijskega sklada
Thus the appraisal of the independent valuer confirmed the appropriateness of the concession fee calculated as detailed above, i.e. EUR […] per sm per year.
Tako je ocena neodvisnega ocenjevalca potrdila ustreznost koncesijske dajatve, izračunane v skladu z zgornjim opisom, tj. […] EUR na m2 letno.
The income approach provides for financial projections for a period of 25 years.
Dohodkovni pristop omogoča finančne napovedi za obdobje 25 let.
Estimated income and costs are corrected by the same discount rate of 7,5 %, which reflects the investment risk level.
Ocenjeni dohodki in stroški se prilagodijo z enako diskontno stopnjo 7,5 %, ki odraža stopnjo naložbenega tveganja.
Based on different levels of cargo turnover, the net present value (NPV), internal rate of return (IRR) and benefit costs ratio (BCR) are forecasted for concession fees ranging from EUR […] to EUR […] per year.
Na podlagi različnih stopenj prometa s tovorom se za koncesijske dajatve v razponu od […] EUR do […] EUR letno napovejo neto sedanja vrednost (NPV), notranja stopnja donosa (IRR) ter razmerje med stroški in koristmi (BCR).
The financial indicators justify an annual concession fee above EUR […] per year for an expected cargo turnover of […] tonnes per year and higher than EUR […] per year for an expected turnover of […] tonnes per year.
Finančni kazalniki upravičujejo letno koncesijsko dajatev nad […] EUR letno za predvideni promet s tovorom v višini […] ton letno in nad […] EUR letno za predvideni promet v višini […] ton letno.
For higher cargo turnover the concession fee may be minimal.
Za večji promet s tovorom je lahko koncesijska dajatev minimalna.
Considering that the 30-year depreciation period of deep water berths, the independent valuer established the value of the concession fee at EUR […] per year, i.e. 1/30 of the berth investment costs, excluding dredging works.
Ob upoštevanju 30-letne amortizacijske dobe za globokomorske priveze je neodvisni ocenjevalec vrednost koncesijske dajatve določil v višini […] EUR letno, tj. 1/30 investicijskih stroškov priveza, brez stroškov izkopa.
The table below indicates the financial results of the project for an annual cargo turnover of […] tonnes, taking into account a concession fee of EUR […] per year.
V spodnji tabeli so navedeni finančni rezultati projekta za letni promet s tovorom v višini […] ton ob upoštevanju koncesijske dajatve v višini […] EUR letno.
Total investment costs, including dredging works, have been taken into account in the calculation.
V izračunu so bili upoštevani skupni investicijski stroški, vključno s stroški izkopa.
Cargo turnover […] tonnes, concession fee EUR […] per year, discount rate 7,5 %, growth rate 2,28 %
Promet s tovorom […] ton, koncesijska dajatev […] EUR na m2 letno, diskontna stopnja 7,5 %, stopnja rasti 2,28 %