natgillin/translations-raw huggingface dataset:
The CFDT plans to obtain a secured loan amounting to at least EUR 50 million from banks and also to apply to regional and local authorities for an additional loan of EUR 80 million to be able to contend with any new crisis.
Sindikalno združenje CFDT namerava od bank pridobiti hipotekarni kredit v višini najmanj 50 milijonov EUR in za dodatni kredit v višini 80 milijonov EUR zaprositi še ozemeljske skupnosti, da bi se tako lahko spopadlo z morebitno novo krizo.
Still according to the press, Being Bang also submitted a bid to take over SeaFrance, the terms of which are not known to the Commission.
Iz tiska je bilo prav tako mogoče izvedeti, da je ponudbo za prevzem družbe SeaFrance predložila tudi družba Being Bang, vendar Komisija ni seznanjena s podrobnimi pogoji iz te ponudbe.
Being Bang communicated a bid to take over SeaFrance to the Commission for information.
Družba Being Bang je Komisiji informativno predložila ponudbo za prevzem družbe SeaFrance.
This document reached the Commission outside the time limit in which interested parties could present their comments, i.e. within 15 days of the date of publication of the decision to initiate the procedure.
Komisija je ta dokument prejela po poteku roka, v katerem so lahko zainteresirane strani predložile svoje pripombe, to je 15 dni po objavi odločitve o začetku postopka.
In accordance with case-law, the Commission did not therefore forward it to the French authorities and will not take it into account for the purposes of the present decision [7].
Zato ga v skladu s sodno prakso ni predložila francoskim organom niti ga v tem sklepu ne bo upoštevala [7].
Subject of the present decision
Predmet tega sklepa
The present decision concerns only the capital increase notified by France in respect of SeaFrance, two loans, of EUR 99,8 million and EUR [40-70] million respectively, planned in favour of SeaFrance, and the rescue aid approved by the Commission on 18 August 2010.
Ta sklep se nanaša le na povečanje kapitala, ki ga je Francija priglasila v zvezi z družbo SeaFrance, na dve posojili v višini 99,8 milijona EUR oziroma [40–70] milijonov EUR, ki naj bi bili dodeljeni družbi SeaFrance, in na pomoč za reševanje, ki jo je Komisija odobrila 18. avgusta 2010.
The present decision does not cover either the extension of the cash management agreement granted by the SNCF to SeaFrance (SA.31331 - 2011/NN) or the financing granted to SeaFrance by the SNCF with a view to the exercise of the option on the vessel SeaFrance Berlioz (SA.31252 - 2010/NN).
Ta sklep ne vključuje niti podaljšanja sporazuma o denarnih sredstvih, ki ga je družba SNCF odobrila družbi SeaFrance (SA.31331 – 2011/NN), niti financiranja, ki ga je družba SNCF dodelila družbi SeaFrance za uveljavitev opcije za ladjo SeaFrance Berlioz (SA.31252 – 2010/NN).
The Commission had also initiated the procedure provided for under Article 108(2) TFEU in respect of these two measures on 22 June 2011.
Komisija je 22. junija 2011 začela postopek na podlagi člena 108(2) PDEU tudi v zvezi z navedenima ukrepoma.
In view of the urgency associated with the judicial reorganisation procedure – the Paris Commercial Court being due to give its decision on 25 October 2011 –, the present decision concerns only the restructuring aid, which according to the modified restructuring plan, consists of recapitalisation and two loans, and the rescue aid authorised for a limited period.
Ta sklep se zaradi nujnosti, povezane s postopkom prisilne uprave – Tribunal de Commerce de Paris se mora izreči 25. oktobra 2011 –, nanaša le na pomoč za prestrukturiranje, ki v skladu s spremenjenim načrtom za prestrukturiranje vključuje dokapitalizacijo, dve posojili in pomoč za reševanje, odobreno za omejeno obdobje.
The investigation procedure therefore remains open with regard to the cash management agreement (SA.31331 - 2011/NN) and the Berlioz financing (SA.31252 - 2010/NN).
Postopek preiskave v zvezi s sporazumom o denarnih sredstvih (SA.31331 – 2011/NN) in financiranjem ladje Berlioz (SA.31252 – 2010/NN) ostaja torej odprt.
SeaFrance is a public limited liability company governed by French law, fully owned by SNCF Participations SA, also a public limited liability company governed by French law, which manages the participating interests of the SNCF group, which in turn is fully owned by the public industrial and commercial entity ‘Société nationale des chemins de fer français’ (hereinafter: ‘SNCF’).
Družba SeaFrance je delniška družba po francoskem pravu v 100-odstotni lasti družbe SNCF Participations S.A., prav tako delniške družbe po francoskem pravu, ki upravlja deleže skupine SNCF, pri čemer je ta skupina v 100-odstotni lasti osebe javnega prava industrijske in komercialne narave „Société nationale des chemins de fer français“ (v nadaljnjem besedilu: SNCF).
SeaFrance provides maritime transport services (freight and passengers).
Družba SeaFrance ponuja storitve pomorskega prometa (tovornega in potniškega).
It operates only on the Calais-Dover route.
Deluje le na relaciji Calais–Dover.
Its market shares on this route are as follows:
Njeni tržni deleži na tej relaciji so bili:
Passengers [8]
Potniki [8]
Freight [9]
Tovor [9]
At the time of notification of the original restructuring plan in February 2011, the SeaFrance fleet consisted of the following vessels:
Ob priglasitvi prvotnega načrta za prestrukturiranje februarja 2011 so floto družbe SeaFrance sestavljale naslednje ladje:
three multi-purpose car ferries (‘Ro-pax’, roll-on-roll-off passenger ships) carrying passengers and freight: the Rodin, the Molière and the Berlioz;
trije kombinirani ro-ro trajekti (ali „ro-pax“, iz angleščine „roll-on-roll-off-passenger-ship“) za prevoz potnikov in tovora, to je Rodin, Molière in Berlioz;
one vessel dedicated exclusively to freight transport: the Nord Pas-de-Calais; and
ena ladja, namenjena izključno tovornemu prometu, to je Nord Pas-de-Calais, ter
two vessels not in operation awaiting sale, the Cézanne and the Renoir (these vessels were sold in July 2011).
dve neizkoriščeni ladji, ki sta čakali na prodajo, to je Cézanne in Renoir (ti ladji sta bili prodani julija 2011).
In December 2009, SeaFrance had a permanent workforce of 1550 employees.
(22) Decembra 2009 je bilo v družbi SeaFrance redno zaposlenih 1550 ljudi.
SeaFrance transports freight (transport of lorries) and passengers (foot passengers until the end of 2008, cars, caravans, motorbikes and coaches) and also offers other services, such as on-board sales [10] and foreign exchange services.
Družba SeaFrance opravlja dejavnost tovornega (prevoz tovornjakov) in potniškega (pešci do konca leta 2008, avtomobili, bivalne prikolice, motorna kolesa in avtobusi) prometa ter ponuja tudi druge storitve, kot so prodaja na krovu [10] in menjalniške storitve.
DESCRIPTION OF THE AID
OPIS UKREPOV POMOČI
Under the restructuring plan, as originally notified in February 2011 (hereinafter: ‘the original restructuring plan’), the restructuring aid was to consist of a SeaFrance capital increase of EUR 223 million, to be underwritten by its sole shareholder, SNCF Participations SA.
Po načrtu za prestrukturiranje, kot je bil prvotno priglašen februarja 2011 (v nadaljnjem besedilu: prvotni načrt za prestrukturiranje), naj bi pomoč za prestrukturiranje obsegala povečanje kapitala družbe SeaFrance za znesek v višini 223 milijonov EUR, za katero jamči družba SNCF Participations SA, ki je edina delničarka družbe.
The original restructuring plan was essentially based on:
Prvotni načrt za prestrukturiranje je zajemal zlasti:
a reduction in capacity from 6 to 4 vessels;
zmanjšanje kapacitet s šestih ladij na štiri;
a reorganisation of the crossings schedule leading to a decrease of 29,4 % in the number of crossings per year compared to the original crossings schedule;
preoblikovanje ponudbe prevozov, s katero bi se število prevozov na leto v primerjavi s prvotnim načrtom ponudbe prevozov zmanjšalo za 29,4 %, in
the equivalent of 725 full-time redundancies, i.e. almost half the December 2009 workforce, in order to return to a staff costs/turnover ratio of 26 % in 2013.
ukinitev 725 delovnih mest v ekvivalentu polnega delovnega časa, kar se ujema s skoraj polovico zaposlenih decembra 2009, s čimer bi leta 2013 znova dosegli razmerje med stroški za zaposlene in prometom v višini 26 %.
The plan also provided for an improvement in productivity of on-board sales depending on passenger numbers, a change in the catering range, a redefinition of the ‘Croisière Bleu marine’ package, a review of the car-deck space management, the abandonment of transporting individual foot passengers (effective since the end of 2008) and the axing of tours operating to single destinations.
Z načrtom so bili predvideni tudi povečanje prizadevanj za zagotovitev storilnosti pri prodaji na krovu glede na število potnikov, sprememba gostinske ponudbe, preoblikovanje ponudbe „Croisière Bleu marine“, sprememba upravljanja garažnega prostora, opustitev prevoza posameznih pešcev (v veljavi od konca leta 2008) in ukinitev poti z eno samo destinacijo.
Furthermore, reductions in external charges completed the restructuring: the creation of a purchasing department to rationalise the purchasing procedures and improvement of internal control (launch of a computer-assisted maintenance management project, centralised stock control on land and on board, invitations to tender systematically open to European shipyards for the award of contracts for withdrawal from service of the vessels, reduction in advertising expenditure).
Poleg tega je bilo prestrukturiranje dopolnjeno z zmanjšanjem zunanjih stroškov: vzpostavljen je bil direktorat za nakupe, da bi tako racionalizirali postopke nakupov in izboljšali notranji nadzor (začetek izvajanja projekta računalniško podprtega upravljanja vzdrževanja, centraliziran nadzor nad zalogami na kopnem in ladji, sistematično konkuriranje evropskih ladjedelnic pri dodeljevanju naročil za tehnične postanke ladij in zmanjšanje stroškov za oglaševanje).
Under the restructuring plan communicated on 12 September 2011, the SeaFrance capital increase underwritten by the SNCF was to amount to only EUR 166,3 million.
Po načrtu za prestrukturiranje, predloženem 12. septembra 2011, naj bi povečanje kapitala družbe SeaFrance, za katero bi jamčila družba SNCF, znašalo le še 166,3 milijona EUR.
This capital increase was to be supplemented by two loans of EUR 99,8 million and EUR [40-70] million respectively, the former intended to finance the restructuring proper of SeaFrance and the latter to replace the existing loan concerning the vessel Molière in order to exercise the purchase option for this vessel early (at the beginning of the year […] instead of the end of the year […]).
Zadevno povečanje naj bi dopolnili dve posojili v višini 99,8 milijona EUR oziroma [40–70] milijonov EUR, pri čemer bi se s prvim financiralo prestrukturiranje družbe SeaFrance v pravem pomenu besede, z drugim pa bi nadomestili obstoječe najeto posojilo za ladjo Molière, da bi tako predčasno uveljavili opcijo odkupa zadevne ladje (že na začetku leta […] namesto konec leta […]).
Taking up this option early was to enable SeaFrance to acquire, from the end of […], full ownership of a vessel with an estimated value of EUR […] million.
Družba SeaFrance bi s predčasno uveljavitvijo zadevne opcije že konec leta […] pridobila polno lastništvo nad ladjo, katere vrednost se ocenjuje na […] milijonov EUR.
These two loans were to be granted at 6,05 % interest for a period of 12 years with constant capital repayments.
Ti posojili naj bi bili dodeljeni z obrestno mero 6,05 % za 12 let in s stalnimi vračili kapitala.
The French authorities justified this rate of 6,05 %:
Francoski organi so 6,05-odstotno obrestno mero utemeljili, kot je navedeno v nadaljevanju:
by the application of the Communication from the Commission on the revision of the method for setting the reference and discount rates [11] (hereinafter: ‘the Reference Rates Communication’), taking account of high collateral for a rating of CCC, i.e. a margin of 400 basis points; and
na podlagi Sporočila Komisije o spremembi metode določanja referenčnih obrestnih mer in diskontnih stopenj [11] (v nadaljnjem besedilu: sporočilo o referenčnih obrestnih merah) znaša razlika – ob upoštevanju visokega zavarovanja za bonitetno oceno CCC – 400 bazičnih točk, in
by the application by the SNCF, at its request, of a method presented as ‘traditional’ [12], resulting in a rate of between [6,00-6,15]% and [6,00-6,15]% [13], based on:
družba SNCF je na njihovo zahtevo uporabila tako imenovano „klasično“ [12] metodo, po kateri je izračunala obrestno mero med [6,00–6,15] % in [6,00–6,15] % [13], in sicer na podlagi:
the reference rate EURIBOR 12 months (which on 1 August 2011 stood at 2,18 %);
referenčne obrestne mere 12-mesečni EURIBOR (ki je 1. avgusta 2011 znašala 2,18 %);
In addition to the measures already announced in the original restructuring plan and the two above-mentioned loans, other measures were proposed in the restructuring plan communicated on 12 September 2011, i.e.:
Poleg ukrepov, ki so bili napovedani že v prvotnem načrtu za prestrukturiranje, in dveh zgoraj navedenih posojil so bili v načrtu za prestrukturiranje, predloženem 12. septembra 2011, predlagani še drugi ukrepi, in sicer:
the sale of another vessel, the freight vessel Nord Pas-de-Calais, in addition to the two vessels Cézanne and Renoir sold in July 2011 in accordance with the original restructuring plan;
prodaja še ene ladje, to je tovorne ladje Nord Pas-de-Calais, poleg ladij Cézanne in Renoir, ki sta bili v skladu s prvotnim načrtom za prestrukturiranje prodani julija 2011;
a total reduction in the workforce of 922 employees (instead of 1550 employees in December 2009, i.e. a – 60 % reduction) bringing the total wage bill/turnover ratio to [20-25] % in 2013 and [20-25] % in 2019;
zmanjšanje števila zaposlenih za 922 oseb (namesto 1550 zaposlenih decembra 2009, kar pomeni 60-odstotno zmanjšanje), s čimer bi se zagotovilo razmerje med stroški za plače in prometom v višini [20–25] % leta 2013 in [20–25] % leta 2019;
a decrease in the number of crossings per year of 5830 crossings (i.e. an additional cut of 2352 crossings compared to the original restructuring plan), which boils down to a 37,6 % reduction compared to the crossings schedule of 2007;
zmanjšanje števila prevozov na leto za 5830 prevozov (torej ukinitev dodatnih 2352 prevozov v primerjavi s prvotnim načrtom za prestrukturiranje), kar pomeni 37,6-odstotno zmanjšanje v primerjavi s ponudbo prevozov v letu 2007;
economies amounting to EUR [1-5] million (closing of two SeaFrance agencies located in Calais and Paris, closing of the call centres in Belgium and Germany, reduction in marketing expenditure, transfer of all services by the end of 2013 to Calais, abolishing the quality certification of the freight vessel Nord Pas-de-Calais and introduction of automated embarkation checks).
prihranek v višini [1–5] milijonov EUR (ukinitev dveh agencij družbe SeaFrance s sedežem v Calaisu oziroma Parizu, ukinitev obstoječih klicnih centrov v Belgiji in Nemčiji, zmanjšanje stroškov za oglaševanje, prenos vseh storitev v Calais do konca leta 2013, odprava potrjevanja kakovosti za tovorno ladjo Nord Pas-de-Calais in vzpostavitev samodejne kontrole pri vkrcavanju).
The restructuring period defined in the modified restructuring plan is spread over 5 years, i.e. from 2011 to 2015, whereas that provided for in the original restructuring plan lasted until 2019.
V spremenjenem načrtu za prestrukturiranje je določeno, da bo prestrukturiranje trajalo pet let, to je od leta 2011 do leta 2015, medtem ko naj bi po prvotnem načrtu za prestrukturiranje to obdobje trajalo do leta 2019.
Under the modified restructuring plan, the conditions agreed for the two loans granted by the SNCF are now as follows:
Na podlagi spremenjenega načrta za prestrukturiranje naj bi družba SNCF posojili dodelila pod naslednjimi pogoji:
the loans are granted at a rate established at 8,55 % [20]; France justifies this rate by referring to the Reference Rates Communication, taking account of normal collateral for a CCC rating.
posojili se dodelita s fiksno 8,55-odstotno obrestno mero [20], ki jo Francija utemeljuje na podlagi sporočila o obrestnih merah, in sicer ob upoštevanju običajnih zavarovanj za bonitetno oceno CCC.
Consequently the margin is established at 650 basis points;
Zato je določena razlika v višini 650 bazičnih točk;
the loans are granted for a 12-year term; the loan of EUR 99,7 million may be drawn down in four instalments [21] and that of EUR [40-70] million in one instalment; and
posojili trajata 12 let; posojilo v višini 99,7 milijonov EUR je mogoče črpati v štirih obrokih [21], posojilo v višini [40–70] milijonov EUR pa v enkratnem znesku, in
each drawing must be repaid in constant annual instalments until repayment in full at the end of 2023.
posamezni obroki se vračajo v rednih letnih obrokih do konca leta 2023, ko bodo v celoti poplačani.
The other measures proposed in the restructuring plan communicated on 12 September 2011 (see recital 31) have been included in the modified restructuring plan.
Preostali ukrepi, ki so bili predlagani v načrtu za prestrukturiranje, predloženem 12. septembra 2011 (glej uvodno izjavo 31 tega sklepa), so bili povzeti tudi v novem načrtu za prestrukturiranje.
The estimated financing needs for the implementation of the modified restructuring plan are as follows:
Predvidoma bodo za izvedbo spremenjenega načrta za prestrukturiranje potrebne naslednje oblike financiranja:
repayment of the credit line granted by the SNCF to SeaFrance (EUR [40-70] million);
vračilo kreditne linije, ki jo je družbi SeaFrance dodelila družba SNCF ([40–70] milijonov EUR);
repayment of the cash management agreement concluded between the SNCF and SeaFrance (EUR [40-70] million);
vračilo zneska iz sporazuma o denarnih sredstvih, ki sta ga sklenili družbi SNCF in SeaFrance ([40–70] milijonov EUR);
the future operating cash flows until 2017, net of the job-protection plan, existing investments and borrowings (EUR […] million);
prihodnji finančni tokovi do leta 2017, brez načrta za ohranitev delovnih mest, obstoječe naložbe in najeta posojila ([…] milijonov EUR);
the cost cover for the job-protection plan (EUR […] million);
kritje stroškov načrta za ohranitev delovnih mest ([…] milijonov EUR);
the payments related to borrowings, including the Rodin, Berlioz and Molière loans (EUR […] million);
plačila, povezana z najetimi posojili, med drugim posojili za ladje Rodin, Berlioz in Molière ([…] milijonov EUR);
the payments related to investments, i.e. primarily the scrubbers (EUR […] million);
plačila, povezana z naložbami, med njimi večinoma „scrubbers“ ([…] milijonov EUR);
the intra-annual working capital requirements (WCR) or requirements related to operating contingencies (EUR […] million).
medletne potrebe po operativnih sredstvih ali sredstvih za nepredvidljive dogodke ob uporabi ([…] milijonov EUR).
The estimated financing needs for the implementation of the modified restructuring plan amount to a total of EUR […] million (net of proceeds from sales):
Predvidene potrebe po financiranju za izvedbo spremenjenega načrta za prestrukturiranje skupaj znašajo […] milijonov EUR (brez izkupička od prodaje):
Repayment of short-term credit facilities
Vračilo kratkoročnih kreditov
Future operating cash flows (from December 2011)
Prihodnji finančni tokovi (od decembra 2011)
Residual job-protection plan
Preostali načrt za ohranitev delovnih mest
Payments related to borrowings
Plačila v zvezi z najetimi posojili
Payments related to investments
Plačila v zvezi z naložbami
Intra-annual WCR
Medletne potrebe po operativnih sredstvih
Total financing needs
Potrebe po financiranju skupaj
The Commission concluded that the notified measure constituted aid within the meaning of Article 107(1) TFEU and launched a detailed investigation in the light of its doubts regarding the prospects for return to long-term viability of the company under the restructuring plan and the level of the company’s own contribution.
Komisija je menila, da je priglašeni ukrep pomoč v smislu člena 107(1) PDEU, zato je začela podrobno preiskavo zaradi dvomov o možnostih za obnovo dolgoročne sposobnosti preživetja podjetja v okviru načrta za prestrukturiranje in ob upoštevanju lastnega prispevka.
The Commission also wondered about the adequacy of the measures proposed with a view to limiting the distortions of competition caused by the aid.
Komisija se je spraševala tudi o zadostnosti predlaganih ukrepov z vidika omejitve izkrivljanja konkurence, ki bi ga lahko povzročila pomoč.
V. COMMENTS BY INTERESTED PARTIES
V. PRIPOMBE ZAINTERESIRANIH STRANI
Comments by interested parties opposed to the restructuring aid
Pripombe zainteresiranih strani, ki nasprotujejo pomoči za prestrukturiranje
Complaint and comments of P&O
Pritožba in pripombe družbe P&O
On 29 July 2011, P&O communicated comments on the decision to initiate the procedure, which supplement its complaint.
Družba P&O je 29. julija 2011 predložila pripombe na odločitev o začetku postopka, s katerimi je dopolnila svojo pritožbo.
The arguments put forward in the complaint and P&O’s comments are as follows:
Pritožba in pripombe te družbe so vsebovale trditve, navedene v nadaljevanju.
Concerning the difficulties of SeaFrance
Težave družbe SeaFrance
According to P&O, SeaFrance’s share of the market concerned [22] fell from 21 % in 2006 to 17 % in 2010 and the company’s load factor fell from 63 % in 2008 to 56 % and 58 % in 2009 and 2010 respectively, i.e. to a non-viable level.
V skladu z navedbami družbe P&O naj bi se tržni delež družbe SeaFrance na zadevnem trgu [22] z 21 % leta 2006 zmanjšal na 17 % leta 2010, stopnja zasedenosti podjetja pa naj bi se s 63 % leta 2008 zmanjšala na 56 % oziroma 58 % leta 2009 oziroma 2010, to je na raven, ki ne zagotavlja sposobnosti preživetja.
P&O points out that, for many years, SeaFrance’s losses have been well in excess of its profits (net losses of EUR 120 million over the period), which means that SeaFrance would be unable to offer a return on investment to its shareholders/investors for a very long time.
Družba P&O trdi, da izguba družbe SeaFrance že več let precej presega dobiček te družbe (120 milijonov EUR neto izgube v zadevnem obdobju), kar pomeni, da zadevna družba delničarjem/vlagateljem še zelo dolgo ne bi mogla povrniti naložb.
Source: P&O’s comments.
Vir: pripombe družbe P&O.
Profits/losses of SeaFrance [23]
Dobiček/izguba družbe SeaFrance [23]
In view of the fact that most of SeaFrance’s car ferries are ro-pax (multi-purpose vessels able to carry both passengers and freight) and that the ‘passenger’ business is very seasonal, it would be crucial for SeaFrance not to alienate the freight customers who must be assured that the service will be provided reliably and continuously throughout the year.
Ker ima družba SeaFrance večinoma trajekte tipa „ro-pax“ (kombinirane ladje, ki omogočajo hkraten prevoz potnikov in tovora) in je potniška dejavnost zelo sezonska, se ta družba nikakor ne bi smela odpovedati strankam, ki opravljajo dejavnost tovornega prometa, saj je le tako mogoče zagotoviti zanesljive in nepretrgane storitve vse leto.
However, according to P&O, as regards the freight business, the value of the goodwill, reputation and market share of SeaFrance had declined significantly, notably on account of the frequent interruptions in service (strikes, etc.), the market’s awareness of SeaFrance’s difficulties and the lay-up of the freight vessel Nord Pas-de-Calais (to keep a vessel laid up would be very expensive, according to P&O, which also points out that the laying-up of the vessels Cézanne and Renoir in the port of Dunkerque would cost at least EUR 1,09 million, and possibly EUR 2,4 million).
Vendar naj bi po trditvah družbe P&O, kar zadeva dejavnost tovornega prometa, poslovna vrednost, ugled in tržni delež družbe SeaFrance bistveno nazadovali, in sicer zlasti zaradi pogostih prekinitev opravljanja storitev (stavke itd.), seznanjenosti trga s težavami družbe SeaFrance in razpreme tovorne ladje Nord Pas-de-Calais (po trditvah družbe P&O naj bi bilo vzdrževanje ladje v razpremi drago, razprema ladij Cézanne in Renoir v pristanišču v Dunkerqu pa naj bi po trditvah iste družbe stala vsaj 1,09 milijona EUR ali celo 2,4 milijonov EUR).