natgillin/translations-raw huggingface dataset:
The Commission notes that, as a result of the changes in the network, a number of ČSA slots at coordinated airports [33] will be surrendered.
Komisija ugotavlja, da bo zaradi sprememb v mreži oddanih več slotov ČSA na koordiniranem letališču [33].
The surrender of landing slots will enable other competing airlines to increase their capacity at those coordinated airports (regardless of the actual route that has been withdrawn) and thus represents a reduction of entry barriers on the market to the benefit of ČSA's competitors.
Oddaja pristajalnih slotov bo konkurenčnim letalskim prevoznikom omogočila, da povečajo svoje zmogljivosti na teh koordiniranih letališčih (ne glede na dejansko linijo, ki je bila ukinjena), zaradi česar pomeni zmanjšanje vstopnih ovir na trgu v korist konkurentov ČSA.
Sale of assets
Prodaja premoženja
Moreover, ČSA claims that the sale of its non-loss-making assets such as the sale of slots at London-Heathrow (see recital 47) and of 15 aircraft (see recital 48) as well as the sale of its duty-free business (see recital 46) and the sale of subsidiaries to ČAH (see recital 53) should be also considered a compensatory measure.
Nadalje, ČSA trdi, da bi bilo treba tudi prodajo sredstev, ki ustvarjajo izgubo, kot je prodaja slotov na letališču London-Heathrow (glej uvodno določbo 47), 15 zrakoplovov (glej uvodno izjavo 48), brezcarinske dejavnosti (glej uvodno izjavo 46) in odvisnih družb ČAH (glej uvodno izjavo 53), upoštevati kot izravnalni ukrep.
However, in view of the fact that the compensatory measures should take place in particular in the market where the firm will have a significant market position after restructuring, only the measures related to the passenger air transport market are relevant.
Vendar so z vidika dejstva, da bi morali biti izravnalni ukrepi izvedeni zlasti na trgu, kjer bo imelo podjetje po prestrukturiranju pomemben položaj, pomembni le ukrepi, povezani s trgom potniškega zračnega prometa.
Hence, besides the [10–11]% capacity reduction on profitable routes and the surrender of slots at coordinated airports, only the sale of slots at London-Heathrow and of 15 aircraft can be taken into account as appropriate compensatory measures, whereas the sale of the duty-free business and the sale of subsidiaries of ČSA to ČAH cannot because they do not affect the position of ČSA in its core market.
Zato lahko kot ustrezen izravnalni ukrep poleg [10–11]-odstotnega zmanjšanja na linijah, ki ustvarjajo dobiček, in oddaje slotov na koordiniranih letališčih štejejo le prodaja slotov na letališču London-Heathrow in 15 zrakoplovov, medtem ko prodaja brezcarinske dejavnosti in prodaja odvisnih družb ČSA družbi ČAH ne more šteti kot tak ukrep, saj ne vpliva na položaj ČSA na osnovnem trgu.
When assessing whether the compensatory measures are appropriate, the Commission will take account of the market structure and the conditions of competition to ensure that any such measure does not lead to deterioration in the structure of the market (point 39 of the R&R Guidelines).
Pri presojanju ustreznosti izravnalnih ukrepov bo Komisija upoštevala strukturo trga in pogoje konkurence ter s tem preprečila, da bi kateri od teh ukrepov povzročil poslabšanje strukture trga (točka 39 smernic za reševanje in prestrukturiranje).
The Commission notes that, although ČSA still has a leading position in the Czech aviation market, ČSA's share of the entire European airline industry’s productive capacity and output (in terms of passengers) is only 1-2 %.
Komisija ugotavlja, da ima ČSA sicer še vedno vodilni položaj na češkem letalskem trgu, vendar je njen delež v celotni evropski proizvodni zmogljivosti in rezultatih letalske industrije (v smislu števila potnikov) le 1–2 %.
For a relatively small carrier like ČSA, a further reduction of its fleet size might have a negative effect on its viability, without providing any meaningful market opportunities for competitors.
Za relativno majhnega letalskega prevoznika, kot je ČSA, bi lahko nadaljnje zmanjšanje flote negativno vplivalo na sposobnost preživetja, medtem ko ne bi zagotovilo pomembnih tržnih priložnosti za konkurente.
As to the most important part of the own contribution, the capacity reduction, the Commission considers a reduction of [10–11]% to be sufficient, in particular when compared with other airline restructuring cases [34].
Komisija v zvezi z najpomembnejšim delom lastnega prispevka, z zmanjšanjem zmogljivosti, meni, da je zmanjšanje za [10–11] % zadostno, zlasti v primerjavi z drugimi primeri prestrukturiranja letalskih prevoznikov [34].
Against this background, the Commission considers the above-mentioned compensatory measures to be sufficient under the R&R Guidelines in order to ensure that the adverse effects on trading conditions are minimised as much as possible.
Na tej podlagi Komisija meni, da so navedeni izravnalni ukrepi zadostni v skladu s smernicami za reševanje in prestrukturiranje za zagotovitev, da bodo škodljivi učinki čim manj vplivali na pogoje poslovanja.
Aid limited to the minimum (own contribution)
Pomoč, omejena na najmanjšo vsoto (lastni prispevek)
Thirdly, according to point 43 of the R&R Guidelines, in order to limit the amount of aid to the strict minimum of the restructuring costs necessary, a significant contribution to the restructuring from the beneficiary's own resources is necessary.
Tretjič, v skladu s točko 43 smernic za reševanje in prestrukturiranje bodo morali upravičenci do pomoči prispevati pomemben delež k načrtu za prestrukturiranje iz lastnih virov, da bi s tem omejili znesek pomoči na najmanjšo vsoto stroškov, potrebnih za prestrukturiranje.
This can include the sale of assets that are not essential to the firm's survival, or external financing on market conditions.
To lahko vključuje prodajo sredstev, ki niso bistvenega pomena za preživetje podjetja, ali zunanje financiranje pri tržnih pogojih.
For large firms, the Commission usually considers a contribution of at least 50 % of the restructuring costs to be appropriate.
Komisija navadno šteje, da je za velika podjetja ustrezen prispevek v višini vsaj 50 % stroškov, potrebnih za prestrukturiranje.
However, in exceptional circumstances and in cases of particular hardship, the Commission may accept a lower contribution (point 44 of the R&R Guidelines).
V izjemnih okoliščinah in v primerih posebnih težav lahko Komisija sprejme manjši prispevek (točka 44 smernic za reševanje in prestrukturiranje).
The own contribution must be real, i.e. actual, excluding all future profits such as cash flow (point 43 of the R&R Guidelines).
Tak prispevek mora biti realen, tj. dejanski, izključevati mora vse pričakovane prihodnje dobičke, kot je denarni tok (točka 43 smernic za reševanje in prestrukturiranje).
Inherently, the own contribution must not include any further State aid.
Lastni prispevek ne sme vključevati nobenih nadaljnjih državnih pomoči.
In view of total restructuring costs of CZK [8900–10500] million, the proposed own contribution of ČSA is composed of
Z vidika celotnih stroškov prestrukturiranja v višini [8900–10500] milijonov CZK je predlagan lastni prispevek ČSA, sestavljen iz
a private bank loan granted by Komerční banka (CZK [125–140] million) and
zasebnega bančnega posojila Komerční banke ([125–140] milijonov CZK) in
sale of assets (land, property, aircraft and subsidiaries) [35].
prodaje premoženja (zemlja, premoženje, zrakoplovi in odvisne družbe) [35].
The own contribution of ČSA proposed by the Czech authorities would represent [70-80]% of the total restructuring costs.
Lastni prispevek ČSA, kot ga predlagajo češke oblasti, bi predstavljal [70-80] % celotnih stroškov prestrukturiranja.
Furthermore, the Commission notes that ČSA obtained a private lease agreement for an aircraft (USD [25–30] million) which can also be regarded as an own contribution.
Nadalje Komisija ugotavlja, da je ČSA sklenila zasebno pogodbo o najemu zrakoplova ([25–30] milijonov USD), ki prav tako lahko šteje kot lastni prispevek.
Aircraft lease
Najem zrakoplovov
ČSA was able to obtain a privately financed lease agreement for the acquisition of an Airbus A319 aircraft and two engines in May 2011.
ČSA je maja 2011 sklenila zasebno pogodbo o finančnem najemu zrakoplova Airbus A319 in dveh motorjev.
The lease is granted under market conditions by […].
Najem je po tržnih pogojih odobril […].
The lease agreement corresponds to a loan which amounts to USD [25–30] million (approximately CZK [520–600] million, or [5,3–5,9]% of the restructuring costs).
Pogodba o najemu ustreza posojilu v višini [25–30] milijonov USD (približno [520–600] milijonov CZK ali [5,3–5,9] % stroškov prestrukturiranja).
The lease company will provide the aircraft supplied to ČSA to be used under a financial lease for a period of 10 years;
Lizinška družba bo omogočila uporabo zrakoplova, ki je bil dobavljen ČSA, pod pogoji finančnega najema za obdobje 10 let;
upon payment of all the instalments in full, ČSA will become the owner of the aircraft.
po plačilu vseh obrokov v celoti bo ČSA postal lastnik zrakoplova.
In addition to the down-payment of [29-33]% of the price of the aircraft, ČSA will make quarterly lease payments to the lessor, such payments being calculated from the aircraft price plus the equivalent of the interest on the loan provided by the bank to the lease company (3 months London Interbank Offered Rate (LIBOR) plus margin).
Poleg takojšnjega plačila [29-33] % cene zrakoplova bo ČSA lizingodajalcu plačevala četrtletne obroke, ki se bodo izračunali iz cene zrakoplova, povečane za obresti, ki so enake obrestim na posojilo, ki ga je banka odobrila lizinški družbi (3-mesečni LIBOR (London interbank borrowing offered rate) plus marža).
The payment of the lease payments, (or rather repayment of the loan granted by […] to the lease company) will be secured in particular by a pledge on the aircraft in favour of the bank, subsisting for the duration of the lease.
Plačilo obrokov najema (ali odplačevanje posojila, ki ga lizinški družbi odobril […]) je zavarovano zlasti z zastavo zrakoplova v korist banke za obdobje trajanja najema.
The Commission notes that that lease agreement demonstrates that ČSA was already able to obtain external financing on market conditions without any assistance from the Czech authorities.
Komisija ugotavlja, da iz najemne pogodbe izhaja, da je ČSA že lahko pridobila zunanje financiranje po tržnih pogojih brez pomoči čeških oblasti.
Such financing shows that the market believes in the feasibility of the envisaged return to viability.
Tako financiranje kaže, da trg verjame, da lahko družba znova postane sposobna preživeti, kot je bilo predvideno.
The Commission hence considers the CZK [520-600] million lease to be part of the own contribution.
Zato Komisija šteje najem v višini [520-600] milijonov CZK kot del lastnega prispevka.
Private bank loan by Komerční banka
Zasebno bančno posojilo Komerční banke
The proposed loan granted by Komerční banka consists of a credit line based on a framework agreement.
Predlagano posojilo Komerční banke sestavlja kreditna linija na podlagi okvirne pogodbe.
The Commission notes that the framework agreement providing a credit line of CZK [480–540] million was already concluded on 31 March 2009 and that, owing to the deteriorating financial situation of ČSA, the credit line has been reduced in subsequent amendments of the framework agreement.
Komisija ugotavlja, da je okvirna pogodba, v okviru katere je bila zagotovljena kreditna linija v višini [480–540] milijonov CZK, sklenjena že 31. marca 2009 in da je bila kreditna linija v poznejših spremembah okvirne pogodbe zmanjšana zaradi poslabšanja finančnega položaja ČSA.
The own contribution should demonstrate that the market believes in the feasibility of the envisaged return to viability.
Lastni prispevek bi moral pokazati, da trg verjame, da lahko družba znova postane sposobna preživeti, kot je bilo predvideno.
Since the relevant loan agreement was concluded long before the beginning of the restructuring period and given the fact that Komerční banka reduced the credit line successively, the Commission does not accept this private loan as an own contribution in terms of point 43 of the R&R Guidelines.
Ker je bila ustrezna posojilna pogodba sklenjena precej pred začetkom obdobja prestrukturiranja in glede na dejstvo, da je Komerční banka naknadno znižala kreditno linijo, Komisija ne sprejema trditve, da je to zasebno posojilo lastni prispevek v skladu s točko 43 smernic za reševanje in prestrukturiranje.
The sales of assets can be divided into three groups – (i) sales to private market operators, (ii) sales of immovable assets to Prague Airport and (iii) sales of subsidiaries to the Czech State (ČAH).
Prodajo premoženja je mogoče razdeliti v tri skupine – (i) prodaja zasebnim akterjem na trgu, (ii) prodaja nepremičnin Letališču Praga in (iii) prodaja odvisnih družb češki državi (ČAH).
Sales to private market operators
Prodaja zasebnim akterjem na trgu
A part of these sales was carried out on the basis of an open, transparent and unconditional tender such as the sale of the duty-free business and the sale of Slovak Air Services, s.r.o.. Another part was sold after individual negotiations to private entities such as the aircraft and London-Heathrow slots which were sold to various airlines and British Airways respectively.
Del te prodaje je bil opravljen na podlagi odprtega, preglednega in brezpogojnega razpisa, kot je prodaja brezcarinske dejavnosti in prodaja družbe Slovak Air Services, s.r.o. Še en del je bil prodan zasebnim subjektom na podlagi individualnih pogajanj, in sicer zrakoplovi in sloti na letališču London-Heathrow, ki so bili prodani različnim letalskim prevoznikom oziroma družbi British Airways.
These sales took place in July 2010 and generated CZK [3–3,5] billion ([31–35]% of the total restructuring costs).
Izkupiček te prodaje, ki je bila izvedena julija 2010, je bil [3–3,5] milijarde CZK ([31–35] % celotnih stroškov prestrukturiranja).
The Commission notes that this part of the contribution to the restructuring costs comes indeed from the own resources of the company and is real and actual as required by point (43) of the R&R Guidelines.
Komisija ugotavlja, da je bil ta del prispevka k stroškom prestrukturiranja dejansko zagotovljen iz lastnih virov družbe, kot zahteva točka (43) smernic za reševanje in prestrukturiranje.
The Commission thus accepts these proceeds as an own contribution.
Komisija zato sprejema ta znesek kot lastni prispevek.
Sale to Prague Airport
Prodaja Letališču Praga
The Czech Republic has enacted a law on the ownership of Prague-Ruzyně Airport by which all land and property in the perimeter of Prague-Ruzyně Airport must be owned by a State-owned company in view of their strategic importance.
Češka republika je sprejela zakon o lastništvu letališča Praga-Ruzyně, v skladu s katerim morata biti celotno zemljišče in premoženje na območju letališča Praga-Ruzyně zaradi strateškega pomena v lasti podjetja, ki je v lasti države.
According to the Czech authorities, the property is strategically important to Prague-Ruzyně Airport in view of the new runway to be built there.
Po mnenju čeških oblasti je premoženje strateško pomembno za letališče Praga-Ruzyně zaradi nove vzletno-pristajalne steze, ki bo zgrajena tam.
All of these assets were sold at a price established in appraisal reports written by independent experts from the Czech Republic [36] before the respective transactions took place.
Vsa ta sredstva so bila prodana po ceni, določeni v cenitvenih poročilih neodvisnih strokovnjakov iz Češke republike [36] pred izvedbo ustreznih poslov.
The Commission has analysed the submitted appraisal reports and found them to be sufficiently sound.
Komisija je analizirala predložena cenitvena poročila in ugotovila, da so zadovoljiva.
The evaluations give no cause for concern since no errors have been detected, accepted methodologies are applied and the evaluations are based on credible assumptions.
Ocene niso skrb vzbujajoče, ker niso bile odkrite napake, ker so bile uporabljene sprejete metodologije in ker temeljijo na verodostojnih predpostavkah.
The Commission also notes that the appraisal reports were produced before the respective transactions took place and do not take into account the monopsony situation of the State as the only possible buyer.
Komisija tudi ugotavlja, da so bila cenitvena poročila sestavljena pred izvedbo ustreznih poslov in ne upoštevajo položaja monopola države kot edinega mogočega kupca.
Therefore, the Commission considers that the results of the present appraisal reports are an appropriate approximation for the realistic market prices of the assets.
Zato Komisija meni, da so rezultati sedanjih cenitvenih poročil ustrezen približek tržnih cen sredstev.
The appraisal report did not take into account any pledges or other forms of encumbrance.
Cenitveno poročilo ni upoštevalo nobenih zastav ali drugih oblik obremenitev.
As to pledges, especially securing the Osinek loan, the Czech authorities have confirmed that all pledges were lifted before the sales took place.
Glede zastav, zlasti zavarovanj posojila Osinek, so češke oblasti potrdile, da so bile vse zastave sproščene pred prodajo.
In two of the three sale contracts, dated 9 December 2009 and 2 February 2010, the parties agree that the property will be transferred without any encumbrances.
V dveh od treh prodajnih pogodb z dne 9. decembra 2009 in 2. februarja 2010 so se pogodbenice dogovorile, da bo premoženje preneseno brez kakršnih koli obremenitev.
Only the third contract, dated 13 May 2010, contains a provision under which the property transferred includes the encumbrances and easements listed in the land registry.
Le tretja pogodba z dne 13. maja 2010 vsebuje določbo, v skladu s katero prenos premoženja vključuje obremenitev in služnosti, navedene v zemljiški knjigi.
The relevant encumbrances are the following:
Ustrezne obremenitve so:
easement in favour of Prague Airport for the usage of transformers and distribution points (on plot No 2587);
služnost v korist Letališča Praga za uporabo transformatorjev in razdelilnih točk (na parceli št. 2587);
easement in favour of ČSA for the use of the land for operating purposes (plot No 2588/3);
služnost v korist ČSA za uporabo zemljišča za potrebe poslovanja (na parceli št. 2588/3);
easement in favour of PREdistribuce, a.s. for maintenance of a cable network and the right to enter the property (plot No 2586/1).
služnost v korist PREdistribuce, a.s. za vzdrževanje kabelskega omrežja in pravico vstopa na zemljišče (na parceli št. 2586/1).
The Commission considers that encumbrances and easements can in principle reduce the value of real estate.
Komisija meni, da lahko obremenitve in služnosti načeloma zmanjšajo vrednost nepremičnine.
However, the Commission notes that the easement in point (a) in recital 156 ceased to exist at the time when the property was transferred as the easement was in favour of the buyer itself.
Vendar pa Komisija ugotavlja, da je služnost iz točke (a) v uvodni izjavi 156 prenehala obstajati takrat, ko je bilo premoženje preneseno kot služnost v korist kupca.
The Czech authorities have confirmed that the easement in point (b) in recital 156 did not exist any more at the time when the property was transferred.
Češke oblasti so potrdile, da služnost iz točke (b) v uvodni izjavi 156 ni več obstajala takrat, ko je bilo preneseno premoženje.
The third easement, in point (c) in recital 156, is still in place but this easement is one of the conditions for connecting Prague Airport to the electricity distribution network operated by PREdistribuce, a.s.
Tretja služnost iz točke (c) v uvodni izjavi 156 še obstaja, vendar je eden od pogojev za priključitev Letališča Praga v omrežje za distribucijo električne energije, ki ga upravlja PREdistribuce, a.s.
In view of the vital nature of the only easement transferred with the property, the Commission considers that the above-described easements did not have an impact on the value of the assets sold.
Z vidika pomena edine služnosti, prenesene s premoženjem, Komisija meni, da omenjene služnosti niso vplivale na vrednost prodanih sredstev.
In the light of the above, the Commission accepts the proceeds from the land sale amounting to CZK [1620–1850] million as an own contribution.
Glede na navedeno Komisija priznava izkupiček iz naslova prodaje zemljišča v višini [1620–1850] milijonov CZK kot lastni prispevek.
Sale of subsidiaries to ČAH
Prodaja odvisnih družb družbi ČAH
Another part of sales to the State consists of the sale of ČSA's subsidiaries to ČAH.
Del prodaje državi vključuje prodajo odvisnih družb ČSA družbi ČAH.
These were HCA (CZK [500–580] million);
Te so bile HCA ([500–580] milijonov CZK);
(CZK [700–800] million);
([700–800] milijonov CZK);
(CZK [25–28] million) and Czech Airlines Technics, a.s.
([25–28] milijonov CZK) in Czech Airlines Technics, a.s.
(CZK [1–1,15] billion).
([1-1,15] milijarde CZK).
The total value of these sales is CZK [2,35–2,6] billion ([24–26]% of the total restructuring costs).
Izkupiček te prodaje je bil [2,35–2,6] milijarde CZK ([24–26] % celotnih stroškov prestrukturiranja).
The sales values were established on the basis of the appraisal reports by Deloitte Advisory, s.r.o. and PricewaterhouseCoopers Česká republika, s.r.o. referred to in recital 53.
Prodajne vrednosti so bile določene na podlagi cenitvenih poročil družb Deloitte Advisory, s.r.o. in PricewaterhouseCoopers Česká republika, s.r.o. iz uvodne izjave 53.
The Commission also notes that the appraisal reports were produced before the respective transactions took place.
Komisija tudi ugotavlja, da so bila cenitvena poročila sestavljena pred izvedbo ustreznih poslov.
The creation of ČAH was the target of the comments by the competitor, stating that the purpose of such a structure is only to provide ČSA with additional funds.
Konkurent je svoje pripombe osredotočil na ustanovitev ČAH in trdi, da je bila taka sestava vzpostavljena izključno z namenom zagotovitve dodatnih sredstev za ČSA.
However, the Commission notes that the Czech Republic has declared that the creation of ČAH has reasons other than a mere transfer of capital to ČSA.
Vendar Komisija ugotavlja, da je Češka republika izjavila, da ČAH ni bil ustanovljen izključno z namenom prenosa kapitala na ČSA.
The major objective of ČAH is to make the State-owned companies more attractive to potential investors.
Glavni cilj ČAH je narediti podjetja v državni lasti privlačnejša za morebitne vlagatelje.
With the ČAH structure in place it will indeed be easier to privatise individual subsidiaries of ČSA to different investors separately.
Z vzpostavitvijo ČAH bo dejansko lažje ločeno prodati posamezne odvisne družbe ČSA različnim vlagateljem.
Furthermore, the creation of ČAH should ensure a competitive pricing of intra-group services and stimulate the profit making of all subsidiaries as well as their orientation towards external customers.
Namen ČAH je tudi zagotoviti konkurenčne cene storitev znotraj skupine ter spodbuditi dobičkonosnost vseh odvisnih družb in njihovo usmerjenost k zunanjim strankam.
Finally, the creation of ČAH in its current form was approved by the Czech competition authority (with commitments) and, the sales of the subsidiaries were carried out on the basis of the above-mentioned appraisal reports.
Ne nazadnje je ustanovitev ČAH v sedanji obliki odobril češki organ, pristojen za konkurenco, (z zavezami), prodaja odvisnih družb pa je bila izvedena na podlagi navedenih cenitvenih poročil.
In the light of the above, the Commission notes that the total own contribution including the sales of the subsidiaries would amount to [78–85]% of the total restructuring costs.
Glede na navedeno Komisija ugotavlja, da bi celoten lastni prispevek, vključno s prodajo odvisnih družb, znašal [78–85] % celotnih stroškov prestrukturiranja.