natgillin/translations-raw huggingface dataset:
Return on investments showed negative development in line with the negative profit results achieved by the cooperating Union producers until 2008 and a positive trend in the IP due to the exceptional cost savings on pulp prices.
Donosnost naložb je bila negativna v skladu z negativnimi rezultati dobička, ki so jih imeli sodelujoči proizvajalci Unije do leta 2008, in pozitivna v OP zaradi izjemnih prihrankov pri stroških zaradi cen papirne kaše.
Following the above, the ability of the cooperating Union producers to invest became limited as the cash flow significantly deteriorated during the period considered, except for the IP.
To je omejilo zmožnost sodelujočih proizvajalcev Unije za naložbe, saj se je denarni tok v obravnavanem obdobju, razen v OP, bistveno poslabšal.
As a consequence, the investments dropped by 35 % during the period considered and were limited to the installation of cogeneration plants that helped the Union producers to mitigate the effect of continuously raising energy costs.
Posledično so se naložbe v obravnavanem obdobju zmanjšale za 35 % in bile omejene na postavitev obratov za soproizvodnjo, kar je proizvajalcem Unije pomagalo ublažiti učinek nenehnega zviševanja stroškov energije.
The paper industry in general is characterised by high indebtedness linked to the significant investment in fixed assets.
Za papirno industrijo je na splošno značilna velika zadolženost, povezana z znatnimi naložbami v osnovna sredstva.
As a consequence of the losses incurred in most of the period considered, the ability of the cooperating Union producers to raise capital and to finance its activities at reasonable finance costs was also undermined.
Zaradi izgub v večjem delu obravnavanega obdobja je bila oslabljena tudi zmožnost sodelujočih proizvajalcev Unije za zbiranje kapitala in financiranje dejavnosti s sprejemljivimi finančnimi stroški.
This was the case in particular in 2008 when one of the cooperating Union producers had to be refinanced at a significant risk premium while the smallest cooperating producer went into insolvency in 2008 and was taken over by another Union producer.
To je veljalo zlasti za leto 2008, ko je bilo treba enega proizvajalca Unije refinancirati z znatno premijo za tveganje, najmanjši sodelujoči proizvajalec pa je v tem letu postal plačilno nesposoben in ga je prevzel drug proizvajalec Unije.
The investigation has shown that most of the injury indicators such as production volume (– 20 %), capacity utilisation (– 10 %), sales volume to unrelated customers on the Union market (– 19 %), market share (– 5 percentage points) deteriorated during the period considered.
Preiskava je pokazala, da se je večina kazalnikov škode, kot so obseg proizvodnje (– 20 %), izkoriščenost zmogljivosti (– 10 %), obseg prodaje nepovezanim strankam na trgu Unije (– 19 %) in tržni delež (– 5 odstotnih točk), v obravnavanem obdobju poslabšala.
In addition, the injury indicators related to the financial performance of the cooperating Union producers such as return on investment and profitability were seriously affected until 2008.
Poleg tega so bili do leta 2008 resno prizadeti kazalniki škode, povezani s finančno uspešnostjo sodelujočih proizvajalcev Unije, kot sta donosnost naložb in dobičkonosnost.
The sudden increase of the profitability in the IP was due purely to the temporary and exceptional drop of world pulp prices in the IP.
Razlog za nenadno povečanje dobičkonosnosti v OP je bilo zgolj začasno izjemno znižanje svetovnih cen papirne kaše v OP.
It is noted that even during the IP the profitability rate was very low and was not considered to be altering the conclusion that the cooperating Union producers were in a very weak financial position.
Treba je opozoriti, da je bila celo v OP stopnja dobičkonosnosti zelo nizka in se ne šteje, da bi lahko spremenila sklepno ugotovitev, da je bilo finančno stanje sodelujočih proizvajalcev Unije zelo slabo.
The investigation also showed that the above injury picture can be mainly explained by the fact that despite its restructuring efforts and productivity improvements the cooperating Union producers were not able to raise their CFP prices above cost-covering level.
Preiskava je pokazala tudi, da je mogoče zgornjo sliko škode pojasniti v glavnem z dejstvom, da sodelujoči proizvajalci Unije kljub prizadevanju za prestrukturiranje in izboljšanju produktivnosti niso bili sposobni dvigniti cen PFP nad raven pokritja stroškov.
This is mainly due to the price undercutting practiced by the Chinese exporters during the IP which has a significant effect in a market where price transparency is high.
Glavni razlog za to je nelojalno nižanje prodajnih cen, ki so ga v OP izvajali kitajski izvozniki in ki je imelo znaten učinek na trg, na katerem so cene zelo pregledne.
During the IP, the cooperating Union producers managed to reduce their cost of production through further productivity improvement and due to the decrease of pulp prices which mainly occurred in the second half of the IP.
Sodelujočim proizvajalcem Unije je v OP uspelo znižati stroške proizvodnje z nadaljnjim izboljševanjem produktivnosti in zaradi znižanja cen papirne kaše predvsem v drugi polovici OP.
As demand and supply became more balanced on the market following the efforts of the producers to tackle structural overcapacity by means of consolidation and capacity closures, CFP prices could be kept at a stable level.
Ker sta po prizadevanju proizvajalcev, da bi odpravili strukturno presežno zmogljivost s konsolidacijo in zapiranjem zmogljivosti, postala ponudba in povpraševanje na trgu bolj uravnotežena, je bilo mogoče cene zadevnega izdelka vzdrževati na stabilnejši ravni.
However, the cooperating Union producers were not in a position to increase their sales prices to a level that would have profitability rates necessary for long-term viability.
Vendar sodelujoči proizvajalci Unije niso mogli povišati svojih prodajnih cen na raven, ki bi ustvarjala stopnje dobičkonosnosti, potrebne za dolgoročno sposobnost preživetja.
As mentioned above in recital 17, one party claimed that CFP used in web-fed printing should have been included in the scope of the present investigation.
Kot je bilo navedeno zgoraj v uvodni izjavi 17, je ena stran trdila, da bi bilo treba PFP, ki se uporablja za rotacijsko tiskanje, vključiti v obseg sedanje preiskave.
On this basis, the party claimed that the exclusion of this product from the determination of material injury and the analysis of trends would have distorted the injury picture.
Na tej podlagi je stran trdila, da bi izključitev tega izdelka pri določanju znatne škode in analizi gibanj izkrivila sliko škode.
However, based on the conclusions presented in recitals 20 and 22, i.e. that CFP used in web-fed and sheet-fed printing are different products, this claim was rejected.
Vendar je bila na podlagi sklepnih ugotovitev iz uvodnih izjav 20 in 22, to je, da sta PFP, ki se uporabljata za rotacijsko tiskanje in za formatno tiskanje, dva različna izdelka, ta trditev zavrnjena.
The same party claimed that the acquisition of one Union producer by one of the cooperating Union producers in 2008 was evidence that this cooperating Union producer was in rather good health.
Ista stran je trdila, da je prevzem enega proizvajalca Unije s strani enega sodelujočega proizvajalca Unije leta 2008 dokaz, da je bilo stanje tega sodelujočega proizvajalca Unije razmeroma dobro.
It is first noted that material injury is assessed on the basis of the situation of the Union industry and not based on the particular situation of a single producer.
Najprej je treba opozoriti, da je znatna škoda ocenjena na podlagi položaja industrije Unije in ne temelji na posebnem položaju posameznega proizvajalca.
As concluded in recital 107 above, most injury indicators have shown a negative trend evidencing the deterioration of the Union industry’s situation over the period considered.
Kot je ugotovljeno v uvodni izjavi 107 zgoraj, je večina kazalnikov škode pokazala negativno gibanje, ki je dokazovalo poslabšanje položaja industrije Unije v obravnavanem obdobju.
The acquisition was furthermore considered as part of the restructuring efforts of the Union industry during the period considered.
Poleg tega se je ta prevzem štel za del prizadevanja proizvajalcev Unije za prestrukturiranje v obravnavanem obdobju.
In any case, it is noted that when analysing macro indicators such as production volume, capacity, sales volume and market share the acquisition had a neutral effect since macro indicators are assessed with respect to all Union producers constituting the Union industry as defined in recital 77.
Vsekakor je treba opozoriti, da je imel prevzem pri analizi makrokazalnikov, kot so obseg proizvodnje, zmogljivost, obseg prodaje in tržni delež, nevtralni učinek, saj se makrokazalniki ocenjujejo glede na vse proizvajalce Unije, ki sestavljajo industrijo Unije, kot je opredeljeno v uvodni izjavi 77.
In other words these factors should remain overall unchanged in case of a change in the ownership.
Z drugimi besedami, ti dejavniki morajo pri spremembi lastništva ostati v celoti nespremenjeni.
Considering the above, it is provisionally concluded that the Union industry suffered material injury within the meaning of Article 3(5) of the basic Regulation.
Glede na zgoraj navedeno se začasno sklene, da je industrija Unije utrpela znatno škodo v smislu člena 3(5) osnovne uredbe.
In accordance with Article 3(6) and (7) of the basic Regulation, it was examined whether the material injury suffered by the Union industry has been caused by the dumped imports from the country concerned.
V skladu s členom 3(6) in (7) osnovne uredbe je bilo proučeno, ali je znatno škodo, ki jo je utrpela industrija Unije, povzročil dampinški uvoz iz zadevne države.
Furthermore, known factors other than the dumped imports, which might have injured the Union industry, were examined to ensure that any injury caused by those other factors was not attributed to the dumped imports.
Poleg dampinškega uvoza so bili proučeni tudi znani dejavniki, ki bi lahko povzročili škodo industriji Unije, da se morebitna škoda, ki bi jo ti dejavniki lahko povzročili, ne bi pripisala dampinškemu uvozu.
It is to be noted that the Union CFP market is characterised by a high degree of concentration of buying power and price transparency through price quotations.
Treba je opozoriti, da sta za trg PFP Unije značilni visoka stopnja koncentracije kupne moči in cenovna preglednost z navajanjem cen.
Furthermore CFP is a commodity-type product and does not allow for significant price differences among different sources.
PFP je poleg tega izdelek za splošno rabo in ne dovoljuje večjih razlik med cenami iz različnih virov.
A major part of the products is sold through merchants that force the Union industry to keep prices in line with low priced and dumped imports.
Glavnino izdelkov prodajo trgovci, ki silijo industrijo Unije k ohranjanju cen, ki so v skladu z nizkocenovnim in dampinškim uvozom.
Therefore the prices of imported CFP, out of which 35 % originated in the PRC in the IP, have in general a significant effect on price levels on the Union market.
Zato imajo cene uvoženega PFP, od katerega ga je bilo v OP 35 % s poreklom iz LRK, na splošno znaten učinek na ravni cen na trgu Unije.
The investigation showed that dumped imports from the PRC increased dramatically (+ 183 %) over the period considered.
Preiskava je pokazala, da se je dampinški uvoz iz LRK v obravnavanem obdobju bistveno povečal (+ 183 %).
The dumped imports from the PRC first doubled from 2006 to 2007, while prices were in 2007 2 % lower than the year before.
Dampinški uvoz iz LRK se je med letoma 2006 in 2007 najprej podvojil, cene pa so bile leta 2007 za 2 % nižje kot leto poprej.
In 2008 imports from China remained stable while average prices fall by 1 more %.
Uvoz iz Kitajske je leta 2008 ostal stabilen, povprečne cene pa so padle še za 1 %.
Chinese import volumes (+ 71 %) and market share (+ 120 %) increased again dramatically in the IP with falling prices (– 5 %) undercutting the prices of the cooperating Union producers by 5,6 % thereby exerting price pressure on the Union market and preventing the Union producers to raise their prices to profitable levels.
Obseg kitajskega uvoza (+ 71 %) in tržni delež (+ 120 %) sta se v OP spet bistveno povečala s padanjem cen (– 5 %), ki so nelojalno znižale prodajne cene sodelujočih proizvajalcev Unije za 5,6 % in s tem izvajale pritisk na cene na trgu Unije, proizvajalcem Unije pa preprečevale dvig cen na dobičkonosno raven.
It is recalled that during the period considered the Union consumption decreased by about 14 %.
Treba je spomniti, da se je v obravnavanem obdobju potrošnja Unije zmanjšala za približno 14 %.
The Union industry faced a significant drop in their sales volume (19 %).
Industrija Unije je zabeležila znaten padec obsega prodaje (19 %).
However this decrease of sales was much more pronounced than the drop in demand and led to a loss of market share of 5 percentage points.
Vendar je bilo to zmanjšanje prodaje veliko izrazitejše kakor padec povpraševanja in je vodilo v izgubo tržnega deleža za 5 odstotnih točk.
At the same time the market share of Chinese imports increased by 3 percentage points.
Hkrati se je tržni delež kitajskega uvoza povečal za 3 odstotne točke.
This shows that the Union industry’s market share has largely been taken over by the dumped imports from the PRC.
To kaže, da je tržni delež industrije Unije prevzel predvsem dampinški uvoz iz LRK.
It is therefore considered that the continued pressure exercised by the low-priced dumped imports from the PRC on the Union market did not allow the Union industry to adapt its sales prices to the increased raw material costs, in particular in 2008, when pulp prices peaked.
Zato se šteje, da industrija Unije zaradi nenehnega pritiska, ki se je izvajal z nizkocenovnim dampinškim uvozom iz LRK na trg Unije, svojih prodajnih cen ni mogla prilagoditi višjim stroškom surovin, zlasti v letu 2008, ko so bile cene papirne kaše najvišje.
This led to the loss in market share and the loss in profitability of the Union industry.
To je povzročilo izgubo tržnega deleža in izgubo dobičkonosnosti industrije Unije.
In view of the above it was provisionally concluded that the surge of the low-priced dumped imports from the PRC had a considerable negative impact on the economic situation of the Union industry.
Glede na navedeno je bilo začasno sklenjeno, da je nenadno povečanje nizkocenovnega dampinškega uvoza iz LRK znatno negativno vplivalo na gospodarski položaj industrije Unije.
Development of the consumption on the Union market
Razvoj potrošnje na trgu Unije
As mentioned in recital 82 above, the Union consumption of CFP first increased in 2007, after which it decreased in 2008 and the IP.
Kakor je navedeno v uvodni izjavi 82 zgoraj, se je potrošnja PFP v Uniji leta 2007 najprej povečala, potem pa se je leta 2008 in v OP zmanjšala.
During the period considered, all Union industry lost market share.
V obravnavanem obdobju je industrija Unije izgubila tržni delež.
One of the cooperating exporters in the PRC claimed that the decrease in sales volume and market share of the Union industry was due to the decrease in consumption which had been caused by the economic crisis and the expansion of electronic media.
Eden od sodelujoči izvoznikov v LRK je trdil, da sta bila vzroka za zmanjšanje obsega prodaje in tržnega deleža industrije Unije zmanjšanje potrošnje, ki jo je povzročila gospodarska kriza, in širjenje elektronskih medijev.
Although it cannot be disregarded that this negative evolution of the Union consumption, for whatever reason, between 2007 and the IP has had a negative impact on the situation of the Union industry in terms of sales volumes and production, it is noteworthy that the Chinese exporters managed at the same time and especially from 2008 to 2009 to increase their sales volumes and market share through the price pressure exerted on the market by the dumped imports.
Čeprav ni mogoče zanemariti dejstva, da je ne glede na razlog ta negativni razvoj potrošnje Unije med letom 2007 in OP negativno vplival na položaj industrije Unije glede obsega prodaje in proizvodnje, je treba navesti, da je kitajskim izvoznikom uspelo v istem času in zlasti med letoma 2008 in 2009 povečati obseg prodaje in tržni delež s pritiskom na cene, ki so ga z dampinškim uvozom izvajali na trgu.
Accordingly, it is considered that the deterioration of the economic situation of the Union industry is mainly caused by the surge in the dumped imports from the PRC and the undercutting practised by the Chinese exporters and not by decreasing consumption.
Glede na to se šteje, da sta poslabšanje gospodarskega položaja industrije Unije povzročila v glavnem nenadno povečanje dampinškega uvoza iz LRK in nelojalno nižanje prodajnih cen, ki so ga izvajali kitajski izvozniki, ne pa zmanjšanje potrošnje.
Even though the contraction in demand contributed to the injury, it could not break the causal link between the material injury suffered and the increase in dumped imports.
Čeprav je zmanjšanje povpraševanja prispevalo k škodi, ne bi moglo prekiniti vzročne zveze med nastalo znatno škodo in povečanjem dampinškega uvoza.
Prices of raw material
Cene surovin
The average cost of production of the cooperating Union producers slightly increased (2 %) between 2006 and 2008 and fell by 5 % in the IP.
Povprečni stroški proizvodnje sodelujočih proizvajalcev Unije so se v obdobju 2006–2008 rahlo povišali (2 %), v OP pa so se znižali za 5 %.
The investigation showed that the cost of production of the cooperating Union producers to produce CFP followed in general a similar trend as the evolution of the prices of the pulp, one of the main raw materials in paper production.
Preiskava je pokazala, da so proizvodni stroški sodelujočih proizvajalcev Unije za proizvodnjo PFP sledili podobnemu gibanju kot razvoj cen papirne kaše, ki je ena glavnih surovin v proizvodnji papirja.
The average price of pulp increased by 8 % between 2006 and 2008 after which it decreased sharply from the end of 2008 till the last month of the IP.
Povprečna cena kaše se je v obdobju 2006–2008 povišala za 8 %, potem pa se je od konca leta 2008 do zadnjega meseca OP bistveno znižala.
The price of pulp was on average 19 % lower in 2009 than in the previous year.
Cena kaše je bila leta 2009 v povprečju 19 % nižja kot prejšnje leto.
In the absence of injurious dumping, it could be expected that prices are regularly adapted to reflect the development of the various components of the cost of production.
Brez škodljivega dampinga bi lahko pričakovali, da se bodo cene redno prilagajale tako, da se bo upošteval razvoj različnih elementov proizvodnih stroškov.
Up until 2008, this did, however, not take place.
Vendar se to do leta 2008 ni zgodilo.
Indeed, the Union producers was forced to keep its sales prices low even when pulp prices were increasing in 2008 in order to compete against the low-priced dumped imports from the PRC, which led to a significant drop in its profitability in that period.
Dejansko so bili proizvajalci Unije prisiljeni obdržati nizke cene tudi potem, ko so cene papirne kaše v letu 2008 zviševale, da so lahko konkurirali nizkocenovnemu dampinškemu uvozu iz LRK, kar je privedlo do znatnega zmanjšanja dobičkonosnosti v navedenem obdobju.
In the IP, the situation ameliorated due to the abnormal decrease in prices of pulp – while prices of CFP could be kept stable at the same time.
V OP se je položaj izboljšal zaradi nenormalnega znižanja cen papirne kaše – hkrati pa so lahko cene PFP ostale stabilne.
However even in this exceptional period the still very low profit levels did not allow the cooperating Union producers to recover from continued dumping practices.
A tudi v tem izjemnem obdobju si sodelujoči proizvajalci Unije zaradi še vedno nizkih dobičkonosnih ravni ob nadaljevanju dampinških praks niso opomogli.
Indeed, despite the decrease in raw material costs the price levels could still not be increased to levels to achieve solid profit margins necessary for this capital intensive producers.
Ravni cen se kljub znižanju stroškov surovine resnično še vedno niso mogle zvišati tako, da bi dosegli dobre stopnje dobička, ki so potrebne za te kapitalsko intenzivne proizvajalce.
Accordingly, it is provisionally concluded that the dumped imports from the PRC which undercut the cooperating Union producers’ prices depressed the prices on the Union market and prevented the cooperating Union producers from increasing its sales prices to cover its costs or to achieve a reasonable profitability.
Glede na to se začasno sklene, da je dampinški uvoz iz LRK, ki je nelojalno znižal prodajne cene sodelujočih proizvajalcev Unije, znižal cene na trgu Unije in sodelujočim proizvajalcem Unije preprečil povišanje prodajnih cen, da bi pokrili stroške ali dosegli razumno dobičkonosnost.
Given that the raw material prices were significantly decreasing in the IP, it was concluded that they could not have had an impact on the material injury suffered by the Union industry during that same period.
Glede na to, da so se cene surovine v OP znatno znižale, je bilo sklenjeno, da niso mogle vplivati na znatno škodo, ki jo je industrija Unije utrpela v tem istem obdobju.
Export performance was also examined as one of the known factors other than the dumped imports, which could at the same time have injured the Union industry, to ensure that possible injury caused by these other factors was not attributed to the dumped imports.
Proučena je bila tudi uspešnost izvoza proizvajalcev Unije kot eden od znanih drugih dejavnikov razen dampinškega uvoza, ki bi lahko hkrati povzročili škodo industriji Unije, da bi se zagotovilo, da morebitna škoda, ki bi jo povzročili ti drugi dejavniki, ne bi bila pripisana dampinškemu uvozu.
The analysis showed that the export sales to unrelated parties made by the cooperating Union producers represented an important part of their sales (around 27 %) during the period considered.
Analiza je pokazala, da je izvoz proizvajalcev Unije nepovezanim strankam med obravnavanim obdobjem pomenil pomemben del njihove prodaje (približno 27 %).
Even though export sales volumes also decreased in the period considered by 9 %, the loss of volumes was less pronounced as the loss of sales volumes on the Union market (19 %).
Čeprav se je v obravnavanem obdobju tudi izvoz zmanjšal za 9 %, ta izguba ni bila tako izrazita kakor izguba prodaje na trgu Unije (19 %).
Hence, it was considered that the decrease in export volume cannot explain the level of injury suffered by the cooperating Union producers.
Zato se šteje, da zmanjšanje izvoza ne more pojasniti ravni škode, ki so jo utrpeli sodelujoči proizvajalci Unije.
Since exports play an important role in keeping capacity utilisation high to cover the high fixed costs of investments into machinery, it was considered that although the export performance was deteriorating it had an overall positive effect.
Ker ima izvoz pomembno vlogo pri ohranjanju visoke izkoriščenosti zmogljivosti za pokrivanje visokih fiksnih stroškov naložb v stroje, se je štelo, da je imel izvoz kljub poslabšanju skupno pozitiven učinek.
Accordingly, it is considered that even if the decrease in export activities may have contributed to the overall deterioration of the situation of the Union industry, these were on the other hand mitigating the losses suffered on the Union market and thus are not such as to break the causal link established between the dumped imports from the PRC and the injury suffered by the Union industry.
Skladno s tem se šteje, da so izvozne dejavnosti, čeprav so morda prispevale k splošnemu poslabšanju položaja industrije Unije, po drugi strani ublažile izgube na trgu Unije in zato niso takšne, da bi prekinile vzročno zvezo, ki je bila ugotovljena med dampinškim uvozom iz LRK in škodo, ki jo je utrpela industrija Unije.
One party claimed that the Union industry suffered a significant decline in exports because of the strength of the Euro versus the US dollar and that the injury caused by this factor should not be attributed to imports from the PRC.
Ena stran je trdila, da je industrija Unije utrpela znatno zmanjšanje izvoza zaradi močnega evra v primerjavi z ameriškim dolarjem in da se škoda, ki jo je povzročil ta dejavnik, ne bi smela pripisovati uvozu iz LRK.