natgillin/translations-raw huggingface dataset:
This capacity increase occurs totally at the Sines refinery.
To povečanje zmogljivosti se v celoti pojavi v rafineriji v Sinesu.
The volume of naphtha to be transferred from Sines to Matosinhos would be 143 Ktonne/year, as import replacement, to supply the needs of the Matosinhos refinery.
Količina nafte, ki se prenese iz Sinesa v Matosinhos, bi znašala 143 kiloton/leto, da nadomesti uvoz za zadovoljitev potreb rafinerije v Matosinhosu.
The balance of 69 Ktonne/year will be used within the Sines refinery in its internal process, namely as feed to the platforming units to increase production of hydrogen for the operation of the hydrocracker.
Preostalih 69 kiloton/leto se bo porabilo v rafineriji v Sinesu v njenem notranjem procesu, in sicer kot vir za enote za platforme, da se poveča proizvodnja vodika za delovanje hidrokrekerja.
COM(2008) 781 final
COM(2008) 781 konč.
Within the framework of the Directive 2001/81/EC of the European Parliament and of the Council of 23 October 2001 on national emission ceilings for certain atmospheric pollutants
V okviru Direktive 2001/81/ES Evropskega parlamenta in Sveta z dne 23. oktobra 2001 o nacionalnih zgornjih mejah emisij za nekatera onesnaževala zraka.
Commission Decision of 10 July 2007 for State aid case N 898/06 — Repsol Polimeros (OJ C 220, 20.9.2007, p. 3), and Commission Decision of 10 July 2007 for State aid case N 899/06 Artensa — (Artenius) — Produção e Comercialização de Ácido Tereftálico Purificado e Produtos Conexos, SA (OJ C 227, 27.9.2007, p. 2).
Sklep Komisije z dne 10. julija 2007 o državni pomoči N 898/06 – Repsol Polimeros (UL C 220, 20.9.2007, str. 3) in sklep Komisije z dne 10. julija 2007 o državni pomoči N 899/06 Artensa – (Artenius) – Produção e Comercialização de Ácido Tereftálico Purificado e Produtos Conexos, SA (UL C 227, 27.9.2007, str. 2).
Section 3.2.7 Impacts of restructuring of the sector, in the Commission Staff Working Paper on ‘Refining and the Supply of Petroleum Products in the EU’, dated 17 November 2010, annex to the Communication of the Commission on energy infrastructure priorities for 2020 and beyond, SEC(2010)1398 fin., available on the Commission's internet website.
Oddelek 3.2.7 Učinki prestrukturiranja sektorja, v delovnem dokumentu služb Komisije o „rafiniranju in ponudbi naftnih derivatov v EU“ z dne 17. novembra 2010, priloga k Sporočilu Komisije o prednostnih nalogah energetske infrastrukture za leto 2020 in po njem, SEC(2010) 1398 konč., dostopno na spletni strani Komisije.
The Leixões port is the sea port of Matosinhos.
Pristanišče Leixões je morsko pristanišče v Matosinhosu.
Cost-benefit analysis of investment projects under Structural Funds, see point E of Annex II of Commission Regulation (EC) No 1828/2006 (OJ L 371, 27.12.2006, p. 1), amended by Regulation (EU) No 832/2010 (OJ L 248, 22.9.2010, p. 1).
Analiza stroškov in koristi naložbenih projektov v okviru strukturnih skladov, glej točko E Priloge II k Uredbi Komisije (ES) št. 1828/2006 (UL L 371, 27.12.2006, str. 1), kakor je bila spremenjena z Uredbo (EU) št. 832/2010 (UL L 248, 22.9.2010, str. 1).
More explanation in recital 232.
Podrobnejša razlaga je v uvodni izjavi 232.
Third parties storage capacity is 428000 m3 which represents a delivery capacity of 2,9 Mton e/year (on the basis of 8 rotations a year); which is more than half of the national market.
Skladiščna zmogljivost tretjih strani je 428000 m3, kar predstavlja dobavno zmogljivost 2,9 milijona ton/leto (na podlagi 8 rotacij na leto), kar je več kot polovica nacionalnega trga.
Moreover, diesel is also imported by land through the Spanish capillary network.
Poleg tega se dizelsko gorivo uvaža tudi po kopnem preko španskega kapilarnega omrežja.
In this case, the beneficiary submitted an application for the aid under an expired scheme, on 22 January 2007 (cf. recital 46 above).
V tem primeru je upravičenec 22. januarja 2007 predložil vlogo za pomoč v okviru potekle sheme (glej uvodno izjavo 46).
The aid was initially notified as an individually notifiable case of application of this expired scheme; the notification was later amended, and the aid was notified as ad hoc aid outside the expired scheme.
Pomoč je bila prvotno priglašena kot posamično priglasljiv primer uporabe te potekle sheme; priglasitev je bila pozneje spremenjena in pomoč je bila priglašena kot ad hoc pomoč zunaj okvira potekle sheme.
Resolução do Conselho de Ministros n. 55/2008, published in Diario da Repùblica 1. serie n.- 60, 26.3.2008, p. 1734.
Resolução do Conselho de Ministros n. 55/2008, objavljena v Diario da Repùblica 1. serie n.- 60, 26.3.2008, str. 1734.
See Section 3.3 of Commission Decision of 19 November 2009 on State aid case C 34/09 (ex N 588/08) — PT- LIP — PETROGAL, S.A.
Glej oddelek 3.3 Sklepa Komisije z dne 19. novembra 2009 o državni pomoči C 34/09 (ex N 588/08) – PT-LIP – PETROGAL, S.A.
GALP ENERGIA, Annual Report 2006, available on the website www.galpenergia.com.
GALP ENERGIA, letno poročilo za leto 2006, dostopno na spletni strani www.galpenergia.com.
At page 19, the document reads as follows: ‘CONVERSION PROJECT AND REFINERIES OPTIMIZATION On 23 January 2007, the Board of Directors approved the conversion project and processes optimization of Sines and Oporto refineries for the purpose of raising diesel production by 2,5 million tonnes and reducing the production of fuel oil. The increase in diesel production is meant to respond to rising demand in the Iberian market and to take advantage of the spread between diesel and fuel oil prices in international markets. These investments will also make it possible to process heavier crude.’
Na strani 19 dokumenta je navedeno: „PROJEKT PREOBLIKOVANJA IN OPTIMIZACIJA RAFINERIJ. Upravni odbor je 23. januarja 2007 odobril projekt preoblikovanja in postopke optimizacije rafinerij v Sinesu in Oportu z namenom, da se proizvodnja dizelskega goriva poveča za 2,5 milijona ton, proizvodnja kurilnega olja pa zmanjša. Namen povečanja proizvodnje dizelskega goriva je odzvati se na naraščajoče povpraševanje na iberskem trgu ter izkoristiti razliko med cenami dizelskega goriva in kurilnega olja na mednarodnih trgih. Te naložbe bodo omogočile tudi obdelavo težje surove nafte.“
Meier I. and Tarhan V., Corporate investment decision practices and the hurdle rate premium puzzle, February 2006, Southern Finance Association Meetings, Destin, France.
Meier, I. in Tarhan, V., Težava pri praksi sprejemanja odločitev glede poslovnih naložb in premiji minimalne stopnje donosa (Corporate investment decision practices and the hurdle rate premium puzzle), februar 2006, srečanja južnega finančnega združenja (Southern Finance Association Meetings), Destin, Francija.
Commission Decision of 20 October 2004 on State aid case N 283/04 — France — Aid to Total (Gonfreville) (OJ C 136, 3.6.2005, p. 44).
Sklep Komisije z dne 20. oktobra 2004 o državni pomoči N 283/04 – Francija – Pomoč družbi Total (Gonfreville) (UL C 136, 3.6.2005, str. 44).
See Commission Decisions of 15 September 2010 on State aid case C 8/09 (ex N 357/08) Friel Acerra (OJ L 46, 19.2.2011, p. 28), of 11 December 2007 on State aid case C 12/07 (ex N 799/06) Glunz & Jensen (OJ L 178, 5.7.2008, p. 38), and of 4 June 2008 on State aid case C 57/07 (ex N 843/06) Alas Slovakia (OJ L 248, 17.9.2008, p. 19).
Glej Sklep Komisije z dne 15. septembra 2010 o državni pomoči C 8/09 (ex N 357/08) Fri-El Acerra (UL L 46, 19.2.2011, str. 28) ter odločbi Komisije z dne 11. decembra 2007 o državni pomoči C 12/07 (ex N 799/06) Glunz&Jensen (UL L 178, 5.7.2008, str. 38) in z dne 4. junija 2008 o državni pomoči C 57/07 (ex N 843/06) Alas Slovakia (UL L 248, 17.9.2008, str. 19).
See Commission Decisions of 10 July 2007 on State aid case N 898/06 — Repsol Polimeros and of 10 July 2007 on State aid case N 899/06 — Artensa (Artenius) — Produção e Comercialização de Ácido Tereftálico Purificado e Produtos Conexos, SA, where the ratio ‘aid/jobs created’ would be in a comparable range as for Petrogal's project.
Glej sklepa Komisije z dne 10. julija 2007 o državni pomoči N 898/06 – Repsol Polimeros in z dne 10. julija 2007 o državni pomoči N 899/06 – Artensa (Artenius) – Produção e Comercialização de Ácido Tereftálico Purificado e Produtos Conexos, SA, kjer bi bilo razmerje „pomoč/ustvarjena delovna mesta“ v obsegu, ki je primerljiv s Petrogalovim projektom.
As Commission Decisions: of 17 November 2009 on State aid case N 447/09 TietoEnator Sp. z o.o.
Kot v sklepih Komisije: z dne 17. novembra 2009 o državni pomoči N 447/09 TietoEnator Sp. z o.o.
(OJ C 25, 2.2.2010, p. 8); of 25 June 2007 on State aid case N 828/06 Bridgestone Stargard (OJ C 278, 21.11.2007, p. 2); of 13 February 2006 on State aid case N 630/05 MAN Trucks (OJ C 126, 30.5.2006, p. 5); of 6 August 2007 on State aid case N 251/06 LG Innotek Poland (OJ C 270, 13.11.2007, p. 7).
(UL C 25, 2.2.2010, str. 8); z dne 25. junija 2007 o državni pomoči N 828/06 Bridgestone Stargard (UL C 278, 21.11.2007, str. 2); z dne 13. februarja 2006 o državni pomoči N 630/05 MAN Trucks (UL C 126, 30.5.2006, str. 5); z dne 6. avgusta 2007 o državni pomoči N 251/06 LG Innotek Poland (UL C 270, 13.11.2007, str. 7).
See Commission Decisions of 10 July 2007 on State aid case N 898/06 — Repsol Polimeros and of 10 July 2007 on State aid case N 899/06 — Artensa (Artenius) — Produção e Comercialização de Ácido Tereftálico Purificado e Produtos Conexos, SA.
Glej sklepa Komisije z dne 10. julija 2007 o državni pomoči N 898/06 – Repsol Polimeros in z dne 10. julija 2007 o državni pomoči N 899/06 – Artensa (Artenius) – Produção e Comercialização de Ácido Tereftálico Purificado e Produtos Conexos, SA.
Section 3.2.7 Impacts of restructuring of the sector, in the Commission Staff Working Paper on ‘Refining and the Supply of Petroleum Products in the EU’, dated 17 November 2010, annex to the Communication of the Commission on energy infrastructure priorities for 2020 and beyond, SEC(2010)1398 fin., available on the Commission internet website.
Oddelek 3.2.7 Učinki prestrukturiranja sektorja, v delovnem dokumentu služb Komisije o „rafiniranju in ponudbi naftnih derivatov v EU“ z dne 17. novembra 2010, Priloga k Sporočilu Komisije o prednostnih nalogah glede energetske infrastrukture za leto 2020 in pozneje, SEC(2010) 1398 konč., dostopno na spletni strani Komisije.
Maintained jobs were recently taken into account also in Commission Decision of 29 May 2009 on State aid case N 381/08 Pirelli Industrie Pneumatici S.r.l (OJ C 284, 25.11.2009, p. 11).
Ohranjena delovna mesta so se pred nedavnim upoštevala tudi v sklepu Komisije z dne 29. maja 2009 o državni pomoči N 381/08 Pirelli Industrie Pneumatici S.r.l (UL C 284, 25.11.2009, str. 11).
Using the more conservative 3:1 ratio.
Uporabljeno je bilo previdnejše razmerje 3 : 1.
As in Commission Decisions of 24 June 2008 on State aid case N 730/07 SIA Ekobriketes (OJ C 210, 19.8.2008, p. 1); of 15 January 2009 on State aid case N 729/07 SIA Eko Osta (OJ C 80, 3.4.2009, p. 2); and of 24 March 2009 on State aid case N 500/08 Baňa Čáry a.s.
Kot v sklepih Komisije z dne 24. junija 2008 o državni pomoči N 730/07 SIA Ekobriketes (UL C 210, 19.8.2008, str. 1); z dne 15. januarja 2009 o državni pomoči N 729/07 SIA Eko Osta (UL C 80, 3.4.2009, str. 2) in z dne 24. marca 2009 o državni pomoči N 500/08 Baňa Čáry a.s.
(OJ C 147, 27.6.2009, p. 6).
(UL C 147, 27.6.2009, str. 6).
See recital 135 for information on reformer as an intermediate product.
Za informacije o reformerju kot polizdelku glej uvodno izjavo 135.
92 % of Petrogal naphtha imports are from non-EEA countries (Angola, Egypt, Ukraine, Libya and Russia), 8 % originates from France and Netherlands.
Petrogal uvozi 92 % nafte iz držav, ki niso v EGP (Angola, Egipt, Ukrajina, Libija in Rusija), 8 % nafte pa izvira iz Francije in Nizozemske.
Commission Decision of 7 August 1996 on Merger Case COMP/M.727, BP/Mobil (OJ C 381, 17.12.1996, p. 8).
Sklep Komisije z dne 7. avgusta 1996 o združljivosti, št. zadeve COMP/M.727, BP/Mobil (UL C 381, 17.12.1996, str. 8).
Portugal mainly refers to various reports by Purvin and Gertz, as the Global Petroleum Market Outlook of March 2011.
Portugalska se v glavnem sklicuje na različna poročila agencije Purvin and Gertz, kot je Svetovni pogled na trg z nafto (Global Petroleum Market Outlook) iz marca 2011.
E.g. the Commission Decision of on Merger case COMP/M.4348, PKN/MAZEIKIU, defines the ex-refinery market as follows: ‘Ex-refinery/cargo sales constitute a primary level of distribution and … should be distinguished from smaller non-retail sales of the fuels (secondary level of distribution). The ex-refinery/cargo sales consist of large volume sales by refiners directly at the refinery gate, or delivered by primary transport (i.e. generally by rail, pipeline, ship or barge) to clients’ terminals (storage facilities) inland or abroad. The customers are wholesalers, traders or internal wholesale arm of the refiners which usually own or rent large storage facilities.’
Npr. Odločba Komisije o združljivosti, št. zadeve COMP/M.4348, PKN/MAZEIKIU, določa trg na ravni prejšnje rafinerije: „Prodaja na ravni prejšnje rafinerije/prodaja tovora je primarna raven distribucije in […] jo je treba razlikovati od manjše prodaje goriv na debelo (sekundarne ravni distribucije). Prodaja na ravni prejšnje rafinerije/prodaja tovora sestoji iz prodaje velike količine, ki jo nosilec rafinerijske dejavnosti izvede neposredno pri vhodu rafinerije ali pa je dostavljena preko primarnega prevoza (tj. ponavadi preko železnice, cevovoda, ladje ali barže) v strankine terminale (skladišča) v državi ali v tujini. Stranke so veletrgovci, trgovci ali notranji veleprodajni del rafinerij, ki so ponavadi lastniki ali najemniki velikih skladišč.“
See Commission Decision of 31 October 2008 on Merger Case COMP/M.5005 — Galp Energia/ ExxonMobil Iberia (OJ C 307, 2.12.2008, p. 4).
Glej Odločbo Komisije z dne 31. oktobra 2008 o združljivosti, zadeva št. COMP/M.5005 – Galp Energia/ExxonMobil Iberia (UL C 307, 2.12.2008, str. 4).
See Commission Decisions of 29 April 2009 on State aid case N 635/08 — Italy — LIP — Fiat Sicily, and of 29 June 2011 on State aid case N 671/08 — Hungary — LIP — Aid to Mercedes-Benz Manufacturing Hungary Korlátolt Felelősségű Társaság.
Glej sklepa Komisije z dne 29. aprila 2009 o državni pomoči N 635/08 – Italija – LIP – Fiat Sicily in z dne 29. junija 2011 o državni pomoči N 671/08 – Madžarska – LIP – Pomoč za Merzedes-Benz Manufacturing Hungary Korlátolt Felelősségű Társaság.
In line with Commission Decision of 10 July 2007 on State aid case N 898/06 — Repsol Polimeros.
V skladu s sklepom Komisije z dne 10. julija 2007 o državni pomoči N 898/06 – Repsol Polimeros.
On 22 December 2009, the Commission accepted this request.
Komisija je 22. decembra 2009 ugodila tej prošnji.
By letter dated 21 January 2010, the Portugal submitted its comments.
Portugalska je predložila svoje pripombe z dopisom z dne 21. januarja 2010.
By letters dated 4 and 5 August 2010, the Commission asked Competitors No 1 and No 2 for clarifications, which were provided by letters dated 10 and 15 September 2010.
Komisija je z dopisoma z dne 4. in 5. avgusta 2010 od konkurentov št. 1 in št. 2 zahtevala pojasnila, ki sta jih predložila z dopisoma z dne 10. in 15. septembra 2010.
By letter dated 20 September 2010, these clarifications were submitted to Portugal for comments.
Z dopisom z dne 20. septembra 2010 so bila ta pojasnila posredovana Portugalski za predložitev pripomb.
By letters dated 17 September and 1 October 2010, the Commission requested further information from Portugal.
Komisija je z dopisoma z dne 17. septembra in 1. oktobra 2010 od Portugalske zahtevala dodatne informacije.
Portugal replied on 18 and 29 October 2010.
Portugalska je odgovorila 18. in 29. oktobra 2010.
By letter dated 10 November 2010, Competitor No 1 submitted clarifications to its letter dated 15 September 2010.
Konkurent št. 1 je z dopisom z dne 10. novembra 2010 predložil pojasnila k svojemu dopisu z dne 15. septembra 2010.
On 12 November 2010, these clarifications were submitted to Portugal for comments, which were replied on 19 November 2010.
Ta pojasnila so bila 12. novembra 2010 posredovana Portugalski za predložitev pripomb, na katere je bilo odgovorjeno 19. novembra 2010.
By letters dated 24 January, 16 March and 12 April 2011, the Commission requested additional information on the potential counterfactual scenario to the investment project, to which Portugal replied by letters dated 7 February, 4 April and 29 April 2011 respectively.
Komisija je z dopisi z dne 24. januarja, 16. marca in 12. aprila 2011 zahtevala dodatne informacije o morebitnem hipotetičnem scenariju za naložbeni projekt, Portugalska pa je odgovorila z dopisi z dne 7. februarja, 4. aprila in 29. aprila 2011.
By email dated 7 June 2011, the Commission requested information not submitted by Portugal in previous letters.
Komisija je z e-pošto z dne 7. junija 2011 zahtevala informacije, ki jih Portugalska v prejšnjih dopisih ni predložila.
By letters dated 30 June and 14 July 2011, Portugal submitted this information.
Portugalska je te informacije predložila z dopisoma z dne 30. junija in 14. julija 2011.
By letter dated 20 July 2011, the Portuguese authorities submitted their agreement that the Commission adopts this decision in the English language.
Portugalski organi so z dopisom z dne 20. julija 2011 predložili soglasje, da Komisija sprejme ta sklep v angleškem jeziku.
The works on the investment project started in 2008 (the first order was issued on 14 March 2008 as a result of the decision taken by the Board of Directors on 5 March 2008) and were due by 31 December 2010.
Dela na naložbenem projektu so se začela leta 2008 (prva odredba je bila izdana 14. marca 2008 po odločitvi upravnega odbora z dne 5. marca 2008), zaključila pa so se 31. decembra 2010.
Full production capacity is expected to be reached by 2011.
Polna proizvodna zmogljivost naj bi bila dosežena leta 2011.
The investment project benefits also from European Investment Bank loans totalling EUR 500 million, approved in 2009.
Naložbeni projekt je upravičen tudi do posojil Evropske investicijske banke v skupni vrednosti 500 milijonov EUR, ki so bila odobrena leta 2009.
The beneficiary’s own contribution to eligible expenditure accounts for 36 %.
Lastni prispevek upravičenca k upravičenim izdatkom je 36-odstoten.
Petrogal applied for State aid with regard to the investment project on 22 January 2007.
Petrogal je 22. januarja 2007 zaprosil za državno pomoč v zvezi z naložbenim projektom.
On 23 January 2007, the Portuguese authorities confirmed in writing to Petrogal that, subject to detailed verification, the investment project met the conditions of eligibility laid down in the ‘fiscal scheme’ before the start of work on the project.
Portugalski organi so 23. januarja 2007 Petrogalu pisno potrdili, da je naložbeni projekt, pod pridržkom natančne preveritve, pred začetkom izvajanja projekta izpolnjeval pogoje za upravičenost, določene v „davčni ureditvi“.
Portugal rectifies that the meeting between the Portuguese authorities and the Commission services took place on 11 March 2009.
Portugalska popravlja navedbo, in sicer, da je sestanek med portugalskimi organi in službami Komisije potekal 11. marca 2009.
Portugal specifies that the investment project is not a replacement or an upgrading project; it is a conversion project implying effective change of the refining process with a view to better serve the increasing demand for diesel.
Portugalska podrobno navaja, da naložbeni projekt ni nadomestilo ali projekt nadgradnje; gre za projekt preoblikovanja, ki uvaja učinkovito spremembo postopka rafiniranja, da bi bolje služil naraščajočemu povpraševanju po dizelskem gorivu.
The Norte region is currently the poorest NUTS II (Nomenclature of Territorial Units for Statistics) region of Portugal, with a GDP per capita about 20 % below the national average in 2008.
Regija Norte je trenutno najrevnejša portugalska regija na ravni NUTS II (nomenklatura statističnih ozemeljskih enot), katere BDP na prebivalca je bil leta 2008 približno 20 % nižji od državnega povprečja.
The region has an economic growth rate below the EU and Portuguese average and suffers from low levels of qualified human resources.
Stopnja gospodarske rasti regije je pod povprečjem EU in državnim povprečjem, poleg tega pa ima nizke ravni usposobljenih človeških virov.
On 5 March 2008, Galp’s Board of Directors approved the investment project, after having received the letter of eligibility from the national authorities, issued on 23 January 2007.
Upravni odbor družbe Galp je 5. marca 2008 odobril naložbeni projekt po tem, ko je od državnih organov prejel pismo o upravičenosti, izdano 23. januarja 2007.
The first commitment to order equipment dates back to 14 March 2008, namely after the signature of the aid contracts with the Portuguese Government on 10 March 2008.
Prva zaveza k naročilu opreme sega nazaj do 14. marca 2008, in sicer v čas po podpisu pogodb o pomoči s portugalsko vlado dne 10. marca 2008.
The first binding order was placed on 14 March 2008.
prvo zavezujoče naročilo je bilo oddano 14. marca 2008.
Construction works on the investment were effectively started in November 2008 in Sines and in January 2009 in Matosinhos.
Gradbena dela naložbe so se dejansko začela izvajati novembra 2008 v Sinesu in januarja 2009 v Matosinhosu.
It appears that the strategic decision to invest was taken in 2006.
Zdi se, da je bila strateška odločitev za izvedbo naložbe sprejeta leta 2006.
This is reflected in a document published by Galp Energia in October 2006 [48].
To se kaže v dokumentu, ki ga je družba Galp Energia objavila oktobra 2006 [48].
As stated in Galp Energia’s annual report for 2006, the Board of Directors took the executive decision concerning the investment project on 23 January 2007 [49] and on 5 March 2008 (that is after receiving the letter of eligibility from the national authorities dated 23 January 2007).
Kot je navedeno v letnem poročilu družbe Galp Energia za leto 2006, je upravni odbor 23. januarja 2007 [49] in 5. marca 2008 (tj. po tem, ko je od državnih organov prejel pismo o upravičenosti z dne 23. januarja 2007) sprejel sklep o izvršbi v zvezi z naložbenim projektom.
Portugal explained however that the decisions of Galp’s Board of Directors were based on a hurdle rate approach introduced already in 2002.
Vendar Portugalska pojasnjuje, da so odločitve upravnega odbora družbe Galp Energia temeljile na pristopu minimalne stopnje donosa, ki je bil uveden že leta 2002.
The hurdle rate, or minimum acceptable rate of return (MARR), is the minimum rate of return on a project a decision-maker is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other projects.
Minimalna stopnja donosa oz. najnižja sprejemljiva stopnja donosa (MARR) je najnižja stopnja donosa pri projektu, ki jo je nosilec odločitev pripravljen sprejeti pred začetkom izvajanja projekta glede na tveganje in oportunitetne stroške pri odrekanju drugim projektom.
In this case, the aid increases the IRR by [1-3] percentage points, from [8-10] % to [9-11] %, as presented in Table 3 in recital 171 for the calculations submitted to the Board of Directors in 2008.
V tem primeru pomoč povečuje IRR za [1–3] odstotne točke, tj. z [8–10] % na [9–11] %, kot je prikazano v preglednici 3 v uvodni izjavi 171 za izračune, ki so bili leta 2008 predloženi upravnemu odboru.
Though the aid adjusted IRR remains significantly below the internal hurdle rate, the additional safety margin created by the aid was considered sufficient by Galp’s Board of Director to finally approve the investment project.
Čeprav pomoči prilagojena IRR ostaja znatno pod minimalno notranjo stopnjo donosa, je upravni odbor družbe Galp dodatno varnostno rezervo, ustvarjeno s pomočjo, obravnaval kot zadostno za končno odobritev naložbenega projekta.