natgillin/translations-raw huggingface dataset:
On 4 February 2009, Denmark notified to the Commission, pursuant to Article 88(3) EC, now Article 108(3) TFEU, a restructuring plan regarding TV2 Danmark A/S.
Danska je 4. februarja 2009 v skladu s členom 88(3) Pogodbe ES, ki je postal člen 108(3) PDEU, Komisijo obvestila o načrtu prestrukturiranja v zvezi s TV2 Danmark A/S.
By letter dated 2 July 2009, the Commission informed Denmark that it had decided to initiate the procedure laid down in Article 88(2) EC, now Article 108(2) TFEU, in respect of the aid.
Z dopisom z dne 2. julija 2009 je Komisija Dansko obvestila, da bo v zvezi s pomočjo začela postopek iz člena 88(2) Pogodbe ES, ki je postal člen 108(2) PDEU.
The Commission decision to initiate the procedure was published in the Official Journal of the European Union [5].
Sklep Komisije o začetku postopka je bil objavljen v Uradnem listu Evropske unije [5].
The Commission called on interested parties to submit their comments.
Komisija je zainteresirane strani pozvala, naj predložijo svoje pripombe.
The Commission received the following comments from interested parties.
Komisija je od zainteresiranih strani prejela naslednje pripombe.
TDC A/S and You see
TDC A/S in YouSee
Danmark (aid beneficiary)
Danmark (upravičenka do pomoči)
MTG Viasat (which submitted further annexes by letter of 15 October 2009)
MTG Viasat (ki je v dopisu z dne 15. oktobra 2009 predložila nadaljnje priloge)
SBS Broadcasting Networks Ltd and SBS TV A/S
SBS Broadcasting Networks Ltd in SBS TV A/S
On 9 June 2010, TV2 Danmark A/S submitted an information memorandum on the sale of the TV2 broadcasting network.
Danmark A/S je 9. junija 2010 predložila informacijski memorandum o prodaji oddajnega omrežja TV2.
Viasat submitted further information by e-mail of 26 May 2010 and by letters registered as received on 1 June 2010 and 6 July 2010.
Družba Viasat je predložila nadaljnje informacije po e-pošti 26. maja 2010 ter v dopisih, ki sta bila registrirana kot prejeta 1. junija 2010 in 6. julija 2010.
Viasat submitted more information to the Commission on 22 December 2010 and SBS did so on 7 February 2011.
Družba Viasat je 22. decembra 2010 Komisiji predložila več informacij, SBS pa je to storila 7. februarja 2011.
On 17 and 18 March and on 6 and 14 April 2011, Denmark provided amended financial data taking this amendment into account.
Danska je 17. in 18. marca ter 6. in 14. aprila 2011 zagotovila spremenjene finančne podatke, v katerih se je upoštevala ta sprememba.
It should further be noted that on 24 March 2009, Viasat Broadcasting UK Ltd brought an application for annulment of the rescue aid decision before the Court of First Instance of the European Communities (now the General Court) [6].
Nadalje je treba upoštevati, da je družba Viasat Broadcasting UK Ltd 24. marca 2009 pri Sodišču prve stopnje Evropskih skupnosti (zdaj Splošno sodišče) vložila zahtevek za razveljavitev pomoči za reševanje [6].
Moreover, on 15 May 2009, Viasat Broadcasting UK Ltd requested that the Commission initiate proceedings under Article 108(2) TFEU with a view to revoking the rescue aid decision [7].
Poleg tega je družba Viasat Broadcasting UK Ltd 15. maja 2009 zahtevala, naj Komisija sproži postopek iz člena 108(2) PDEU za razveljavitev sklepa o pomoči za reševanje [7].
These filings concern a different decision and do not prevent the Commission from taking a view on the restructuring plan.
Te vloge obravnavajo drug sklep in Komisiji ne onemogočajo, da bi zavzela stališče o načrtu prestrukturiranja.
However, by order dated 17 May 2010, the proceedings in the court case were stayed until the Commission’s adoption of a final decision in the restructuring case [8].
Vendar je bil s sklepom z dne 17. maja 2010 postopek v sodni zadevi prekinjen, dokler Komisija ne sprejme končne odločitve v zadevi o prestrukturiranju [8].
On 14 December 2009, MTG/Viasat submitted a complaint alleging that Denmark is infringing inter alia Articles 106 and 102 TFEU by the introduction of user charges for TV2.
Družba MTG/Viasat je 14. decembra 2009 vložila pritožbo, da Danska z uvedbo uporabniških nadomestil za TV2 med drugim krši člena 106 in 102 PDEU.
THE BENEFICIARY: TV2 DANMARK A/S
UPRAVIČENKA: TV2 DANMARK A/S
Danmark A/S was incorporated in 2003 as a private limited liability company wholly owned by the Danish State.
Danmark A/S je bila leta 2003 ustanovljena kot družba z omejeno odgovornostjo, ki je v 100-odstotni lasti danske države.
Danmark A/S (hereinafter ‘TV2’) is the parent company of the TV2 Group and operates the public service television channel TV2 (below also called the ‘main channel’).
Danmark A/S (v nadaljnjem besedilu: TV2) je matična družba skupine TV2 Group in upravlja javni televizijski program TV2 (spodaj imenovan tudi „glavni program“).
Current business model: Historically, the TV2 main channel was funded by television licence fees and advertising revenues.
Obstoječi poslovni model: v preteklosti je bil glavni program TV2 financiran iz televizijskih naročnin in prihodkov iz oglaševanja.
However, although the regional channels are still partly funded this way, television licence funding for the main channel ended in July 2004 and only financing via advertising revenues remained.
Čeprav se regionalni programi še vedno delno financirajo na ta način, se je financiranje glavnega programa iz televizijskih naročnin končalo julija 2004, ostalo pa je samo financiranje preko prihodkov iz oglaševanja.
These advertising revenues are currently the only source of income for the main channel, apart from the profits from the commercial channels.
Ti prihodki iz oglaševanja so poleg dobičkov iz komercialnih programov trenutno edini vir dohodka za glavni program.
is currently not allowed to charge subscription fees for its main channel.
trenutno ne sme zaračunavati naročnin za svoj glavni program.
Public service obligations: Section 38a(1) of the Danish Broadcasting Act establishes a public service obligation for TV2 and states that ‘the public service programming activities shall be provided to the general public in accordance with the principles referred to in Section 10’.
Obveznosti javnih služb: oddelek 38a(1) danskega zakona o radiodifuziji za TV2 določa obveznost javne službe in navaja, da „se javne programske dejavnosti širši javnosti zagotovijo v skladu z načeli iz oddelka 10“.
These overall obligations are supplemented by more detailed descriptions in the public service licence and addenda thereto.
Navedene splošne obveznosti so v licenci javne službe in v dopolnilu k tej licenci dopolnjene s podrobnejšimi opisi.
The Commission accepted [9], and was upheld on this point by the General Court [10], that TV2’s main channel fulfils a public service obligation.
Komisija je sprejela [9] dejstvo, da glavni program TV2 izpolnjuje obveznost javne službe, na tej točki pa jo je podprlo tudi Splošno sodišče [10].
TV 2’s public service activity accounts for more than […] [11] of its costs [12].
Dejavnost javnih storitev TV2 predstavlja več kot […] [11] njenih stroškov [12].
The TV2 main channel is further under a public service obligation to broadcast regional programmes according to point 2.5 of the TV2 public service licence [13].
Glavni program TV2 v skladu s točko 2.5 licence javne službe TV2 [13] ostaja v okviru obveznosti javne službe za oddajanje regionalnih programov.
The regional content is produced by TV2 regional stations.
Regionalne postaje TV2 določajo regionalno vsebino.
The eight regional stations are independent from TV2.
Osem regionalnih postaj je neodvisnih od TV2.
They are governed by Sections 31 et seq. of the Danish Broadcasting Act [14].
Urejajo jih oddelek 31 in naslednji oddelki danskega zakona o oddajanju [14].
The eight regional TV 2 stations each have a Board of Representatives, the composition of which reflects a wide variety of aspects of the regional culture and community.
Vsaka od osmih regionalnih postaj TV2 ima odbor predstavnikov, katerega sestava odraža veliko raznovrstnost vidikov regionalne kulture in skupnosti.
may not sit on these Boards of Representatives.
ne sme sodelovati v odborih predstavnikov.
The regional operations are entrusted with public service activities under Sections 31 et seq. of the Danish Broadcasting Act and their programming must emphasise regional affiliation.
Regionalne postaje prevzamejo obveznosti javnih služb v skladu z oddelkom 31 in naslednjimi oddelki danskega zakona o oddajanju, njihov izbor programov pa mora poudarjati regionalno pripadnost.
Their activities are primarily financed by licence fees [15].
Njihove dejavnosti se financirajo predvsem iz naročnin [15].
is under an obligation to transmit these regional programmes in ‘windows’ in TV2’s normal programme flow [16].
mora prenašati te regionalne programe v „oknih“ v običajnem poteku programa [16].
has no influence on the chosen TV format, e.g. to ensure coherence with general TV programming on the main channel.
nima nobenega vpliva na izbran televizijski format, npr. za zagotavljanje skladnosti s splošnim izborom televizijskih programov na glavnem programu.
Between the national and regional programmes, TV2 transmits advertisements which are directed towards the regional market, and it retains the revenues from advertising.
med nacionalnimi in regionalnimi programi predvaja oglase, ki so usmerjeni na regionalni trg, ter ohranja prihodke iz oglaševanja.
Must-carry obligation: Currently, the main channel is covered by a ‘must-carry’ obligation pursuant to Section 6 of the Danish Broadcasting Act, according to which SMATV distributors (including commercial cable distributors) must give access to the channels mentioned in the provision (i.e. TV2 and DR) in all their packages [17].
Obveznost prenosa: trenutno je glavni program krit z obveznostjo prenosa v skladu z oddelkom 6 danskega zakona o radiodifuziji, v skladu s katero morajo distributerji SMATV (vključno s komercialnimi kabelskimi distributerji) v vseh svojih paketih omogočiti dostop do programov, navedenih v določbi (tj. TV2 in DR) [17].
As of 1 November 2009, the analogue terrestrial signal was switched off and Danish terrestrial TV signals were digitised.
S 1. novembrom 2009 je bil analogni prizemni signal izklopljen, danski prizemni televizijski signali pa so se digitalizirali.
The company Boxer won the tender to act as the commercial gatekeeper and is responsible for the transmission of subscription-based channels through the terrestrial network.
Podjetje Boxer je bilo izbrano na javnem razpisu, da deluje kot komercialni varuh in je odgovorno za oddajanje programov na podlagi naročnin preko prizemnega omrežja.
Currently, the TV2 main channel is broadcast ‘Free to air’ (FTA) without any subscription fees being charged for its viewing [19].
Glavni program TV2 se trenutno oddaja „brezplačno“ brez kakršnega koli zaračunavanja naročnin za ogled [19].
TV2’s activities: TV2 is primarily active in broadcasting and in selling TV advertising.
Dejavnosti TV2: glavna dejavnost TV2 je oddajanje in prodajanje televizijskega oglaševanja.
It also acquires and sells audiovisual rights on international markets (e.g. Euro 2008 or the Olympic Games) which it can broadcast itself or resell.
Pridobiva in prodaja tudi avdiovizualne pravice na mednarodnih trgih (npr. Euro 2008 ali olimpijske igre), ki jih lahko oddaja sama ali jih proda naprej.
operates almost exclusively on the TV broadcasting market and other media-related markets in Denmark.
je dejavna skoraj izključno na trgu televizijskih dejavnosti in drugih trgih na Danskem, ki so povezani z mediji.
The TV2 main channel, along with Danmarks Radio (a public undertaking which is exclusively financed by a licence fee and operates two public service channels), is the biggest TV channel.
Glavni program TV2 je poleg Danmarks Radio (javno podjetje, ki se financira izključno iz naročnin in upravlja dva javna televizijska programa) največji televizijski program.
The TV2 main channel currently competes on the TV advertising market with e.g. Viasat’s channels TV3 and TV3+.
Glavni program TV2 na trgu televizijskega oglaševanja trenutno konkurira npr. s programoma TV3 in TV3 + Viasat.
Viasat is owned by the Swedish Modern Times Group A/S (MTG), which is also active as a distributor in the satellite segment.
Viasat je v lasti švedske skupine Modern Times Group A/S (MTG), ki je dejavna tudi kot distributer v satelitskem segmentu.
also competes for advertising revenue with SBS A/S, which is owned by the German ProSiebenSat.
konkurira tudi za prihodek iz oglaševanja s SBS A/S, ki je v lasti nemške družbe ProSiebenSat.
TV2’s pay-TV channels, such as TV2 Zulu and TV2 Charlie, compete with other commercial channels on the wholesale market for distribution in pay-TV packages.
Plačniški televizijski programi družbe TV2, kot sta TV2 Zulu in TV2 Charlie, konkurirajo z drugimi komercialnimi programi na trgu na debelo za distribucijo pri paketih plačniške televizije.
Commercial operations: TV2 operates a number of non-public-service commercial channels, including TV2 Zulu, TV2 Charlie, TV2 Film and TV2 News.
Komercialne dejavnosti: TV2 upravlja številne komercialne programe, ki niso javna storitev, vključno s TV2 Zulu, TV2 Charlie, TV2 Film in TV2 News.
It also owns 50 % of TV2 Sports.
Prav tako je 50-odstotna lastnica TV2 Sports.
Zulu, TV2 Charlie and TV2 News are financed through subscriptions and advertising, whereas TV2 Film is exclusively financed through subscriptions.
Zulu, TV2 Charlie in TV2 News se financirajo iz naročnin in oglaševanja, medtem ko se TV2 Sports financira izključno iz naročnin.
As acknowledged by Denmark [20] and TV2 Danmark A/S and its competitor Viasat [21], operation of the main channel is vital for achieving the revenues generated by the commercial channels.
Kot priznavajo Danska [20] in TV2 Danmark A/S ter konkurent Viasat [21], je upravljanje glavnega programa ključnega pomena za pridobivanje prihodkov iz komercialnih programov.
has been obliged since 2001 to keep the accounts of its commercial and public service activities separate, see Order No 740 [22].
je od leta 2001 zavezana k temu, da vodi ločene račune za svoje dejavnosti komercialnih in javnih storitev; glej Odredbo št. 740 [22].
The accounts are monitored by external auditors.
Račune nadzorujejo zunanji revizorji.
Other business: In addition, TV2 Danmark A/S owns several subsidiaries or is part of a number of TV-related joint ventures in content and radio, and previously also had a broadcasting transmission network (Broadcast Service Denmark (BDS), DTT/Digi-TV, 4M and Fordelingsnet) with DR. According to information furnished by Denmark, Broadcast Service Denmark is the leading Danish broadcaster provider in relation to the planning, construction, operation and service of transmission networks.
Druge dejavnosti: poleg tega je TV2 Danmark A/S lastnica več podružnic ali je del številnih skupnih podjetij, povezanih s televizijo po vsebini in v zvezi z radiom, pred tem pa je imela z DR tudi prenosno oddajno omrežje (Broadcast Service Denmark (BDS), DTT/Digi-TV, 4M in Fordelingsnet). V skladu z informacijami, ki jih je zagotovila Danska, je Broadcast Service Denmark vodilni danski ponudnik oddajnih storitev v zvezi z načrtovanjem, oblikovanjem, upravljanjem in vzdrževanjem prenosnih omrežij.
The transmission network was jointly owned by Danske Radio and TV2 directly or via co-owned partnerships (Fordelingsnet, 4M, Digi-TV).
Prenosno omrežje je bilo v skupni lasti Danske Radio in TV2 neposredno ali prek solastniških partnerstev (Fordelingsnet, 4M, Digi-TV).
TV2, however, has sold its shares in this network as part of its restructuring.
Vendar je TV2 v tem omrežju prodala svoje deleže kot del svojega prestrukturiranja.
National antitrust cases concerning TV2: The Commission notes that TV2’s behaviour in the advertising market is under investigation by the Danish competition authorities.
Nacionalne protimonopolne zadeve v zvezi s TV2: Komisija upošteva, da danski organi, pristojni za konkurenco, preiskujejo ravnanje TV2 na oglaševalskem trgu.
On 21 December 2005, a decision was taken by the Danish Competition Council that TV2 had infringed Article 102 TFEU, and the corresponding national legislative provisions, by using loyalty-enhancing rebates on the advertising market.
Danski svet za konkurenco je 21. decembra 2005 sprejel sklep, da je TV2 kršila člen 102 PDEU in ustrezne nacionalne zakonodajne določbe s tem, da je na oglaševalskem trgu z namenom krepitve zvestobe nudila popuste.
OTHER PENDING LEGAL CASES INVOLVING TV2
DRUGI ODPRTI SODNI POSTOPKI, KI VKLJUČUJEJO TV2
Denmark ordered recovery from the aid beneficiary with interest, and recovered an amount of DKK 1050 million from TV2.
Danska je upravičenki do pomoči odredila vračilo z obrestmi in od TV2 izterjala znesek v višini 1050 milijonov DKK.
The second decision raised no objections to the recapitalisation, which consisted of a capital injection of DKK 440 million and a further debt-equity swap of DKK 394 million, in terms of its compatibility with the common market.
Druga odločba ni sprožila nobenih ugovorov glede dokapitalizacije, ki je bila sestavljena iz kapitalske injekcije v višini 440 milijonov DKK in nadaljnje konverzije dolga v lastniški kapital v višini 394 milijonov DKK, v zvezi z njeno združljivostjo s skupnim trgom.
On 22 October 2008, the General Court annulled the Commission’s recovery decision [24].
Splošno sodišče je 22. oktobra 2008 razveljavilo odločbo Komisije o vračilu [24].
On 24 September 2009 [25] the General Court issued an order regarding the recapitalisation decision, declaring that there was no need to give a decision, since the recapitalisation decision — which was based on the recovery decision — was based on premises which no longer existed and was therefore deprived of any substance and meaning.
Splošno sodišče je 24. septembra 2009 [25] izdalo sklep v zvezi z odločbo o dokapitalizaciji, v katerem je razglasilo, da ni bilo potrebe po izdaji odločbe, ker je odločba o dokapitalizaciji – ki je temeljila na odločbi o vračilu – temeljila na premisah, ki niso več obstajale, in sta ji bila zato odvzeta kakršen koli smisel in pomen.
The Court considered that the two decisions constituted two aspects of the same legal issue.
Sodišče je menilo, da obe odločbi predstavljata dva vidika istega pravnega vprašanja.
The Commission’s investigation with regard to the above case has been carried out in parallel with this procedure, and the Commission’s decision in the above case will be adopted at the same time as the present Decision.
Preiskava, ki jo je izvedla Komisija v zvezi z navedeno zadevo, je potekala vzporedno s tem postopkom, sklep Komisije v navedeni zadevi pa bo sprejet hkrati s tem sklepom.
Context of the original restructuring plan
Ozadje prvotnega načrta prestrukturiranja
As outlined in the Commission’s decision authorising the rescue aid of DKK 1000 million during 2008, TV2 Danmark faced serious liquidity problems as a result of heavy investments, in particular in a radio operation, lower than expected advertising revenues and higher interest charges.
Kot je navedeno v sklepu Komisije o odobritvi pomoči za reševanje v višini 1000 milijonov DKK leta 2008, se je TV2 Danmark soočala z resnimi likvidnostnimi težavami zaradi velikih naložb, zlasti pri upravljanju radia, prihodkov iz oglaševanja, ki so bili nižji od pričakovanih, in večjih stroškov obresti.
These liquidity needs could not be met by securing loans from private creditors (banks).
Teh likvidnostnih potreb ni bilo mogoče zadovoljiti z zagotavljanjem posojil zasebnih posojilodajalcev (bank).
Following the rescue aid decision, Denmark notified a restructuring plan within the six-month limit stipulated in the Guidelines.
Danska je po sklepu o pomoči za reševanje priglasila načrt prestrukturiranja v roku šestih mesecev, določenem v Smernicah.
The restructuring plan submitted to the Commission on 4 February 2009 followed an agreement among a large majority of Danish political parties on an addendum to the Media Policy Agreement for 2007-2010, which was made public on 9 January 2009.
Načrt prestrukturiranja, ki je bil predložen Komisiji 4. februarja 2009, je temeljil na dogovoru med veliko večino danskih političnih strank glede dopolnila k sporazumu o medijski politiki za obdobje 2007–2010, ki je bil objavljen 9. januarja 2009.
In its notification of 4 February 2009, Denmark notified various restructuring aid measures, because, according to Denmark, the short-term liquidity and indebtedness problems identified in the Commission rescue aid decision still existed.
Danska je v svojem obvestilu z dne 4. februarja 2009 priglasila različne ukrepe pomoči za prestrukturiranje, ker so po njenem mnenju še vedno obstajale težave kratkoročne likvidnosti in velike zadolženosti, ki so bile opredeljene v sklepu Komisije o pomoči za reševanje.
Those problems prompted the qualification of TV2 Danmark A/S as a firm in difficulty within the meaning of the Guidelines [26], which the Commission, in the opening decision, had no reason to deviate from and which, according to Denmark, remains valid even after TV2’s having received the rescue aid.
Te težave so bile razlog za opredelitev TV2 Danmark A/S kot podjetja v težavah v smislu Smernic [26], od katere se Komisija v sklepu o začetku postopka ne bi smela oddaljiti in ki po mnenju Danske velja tudi potem, ko je TV2 prejela pomoč za reševanje.
This can be demonstrated by the data mentioned in the Commission’s decision opening the formal investigation procedure [27].
To se lahko dokaže s podatki, navedenimi v sklepu Komisije o uvedbi formalnega postopka preiskave [27].
Later in the proceedings, and in particular as a reaction to the third-party comments, Denmark provided another updated PWC study on TV2’s financial situation.
Danska je pozneje v postopku in zlasti kot odziv na pripombe tretjih strani zagotovila drugo posodobljeno študijo podjetja PWC o finančnem položaju TV2.
The updated data are summarised in the table below [28].
Posodobljeni podatki so povzeti v spodnji preglednici [28].
(million DKK)
(v milijonih DKK)
Net cash flow
Neto denarni tok
Net interest-bearing debt
Neto dolg z obrestmi
Net interest charges
Neto stroški obresti
Net asset value
Neto vrednost sredstev
According to Denmark, the problems of TV2 result, inter alia, from an increasingly unprofitable public service channel [29] without a sustainable business model and some losses resulting from unsuccessful investments.(37) Losses: Due to advertising revenues being lower than budgeted, in combination with a series of bad investments (most notably TV2 Radio), TV2 Danmark A/S realised a significant loss in 2007 (DKK 214 million, return on equity – 36 %).
Danska meni, da so težave TV2 med drugim posledica vedno bolj nedonosnega javnega televizijskega programa [29] brez trajnostnega poslovnega modela in nekaj izgubami zaradi neuspešnih naložb.(37) Izgube: TV2 Danmark A/S je leta 2007 zaradi prihodkov iz oglaševanja, ki so bili nižji od predvidenih, skupaj z več slabimi naložbami (predvsem TV2 Radio) realizirala znatno izgubo (214 milijonov DKK, –36-odstotna donosnost lastniškega kapitala).
Furthermore, at the end of March 2008, the 2008 financial result projection was another pre-tax loss of up to DKK […] million, albeit that the projection was deemed highly sensitive to advertising market developments.
Poleg tega je bila konec marca 2008 napoved finančnih rezultatov za leto 2008 ponovno ocenjena na izgubo pred obdavčitvijo v višini […] milijonov DKK, kljub temu, da je napoved v veliki meri upoštevala razvoj na oglaševalskem trgu.
Likewise, the company made losses in 2009.
Podjetje je imelo izgube tudi leta 2009.
Turnover/market share: TV2’s main channel experienced a falling market share for years prior to the rescue aid, and continues to do so.
Promet/tržni delež: tržni delež glavnega programa TV2 se je v letih pred pomočjo za reševanje zmanjšal in se še naprej zmanjšuje.
From 2003 to 2009, the TV2 main channel’s ‘commercial’ market share (21-50 year olds, which is the commercially most interesting viewer group) had already declined by 19 % from 56,2 % to 45,6 % [30].
„Komercialni“ tržni delež glavnega programa TV2 (starostna skupina 21–50 let, ki je iz komercialnega vidika najpomembnejša skupina gledalcev) se je v obdobju 2003–2009 že zmanjšal za 19 %, tj. s 56,2 % na 45,6 % [30].