natgillin/translations-raw huggingface dataset:
The Commission notes that the aid in question is not designed to promote the execution of an important project of common European interest nor has the Commission found any evidence that it is designed to remedy a serious disturbance in the Finnish economy.
Komisija ugotavlja, da zadevna pomoč ni namenjena pospeševanju izvedbe pomembnega projekta skupnega evropskega interesa, našla pa tudi ni nobenega dokaza, da je namenjena odpravljanju resne motnje v gospodarstvu Finske.
In view of the foregoing, the Commission concludes that the aid does not qualify for the derogation enshrined in Article 107(3)(b) of the TFEU.
Komisija je na podlagi navedenega sklenila, da pomoč ni upravičena do odstopanja iz člena 107(3)(b) PDEU.
Article 107(3)(d) of the TFEU states that aid to promote culture and heritage conservation may be declared compatible with the TFEU where such aid does not affect trading conditions and competition in the Community to an extent that is contrary to the common interest.
Člen 107(3)(d) PDEU določa, da se pomoč za pospeševanje kulture in ohranjanja kulturne dediščine lahko razglasi za združljivo s PDEU, kadar takšna pomoč ne škoduje trgovinskim pogojem in konkurenci v Skupnosti v obsegu, ki je v nasprotju s skupnimi interesi.
This Article obviously does not apply to the current case.
Ta člen očitno ne velja za zadevni primer.
Article 107(3)(c) of the TFEU provides for the authorisation of state aid to facilitate the development of certain economic activities or of certain economic areas, where such aid does not adversely affect trading conditions to an extent contrary to the common interest.
Člen 107(3)(c) PDEU določa, da se lahko odobri državna pomoč za pospeševanje razvoja določenih gospodarskih dejavnosti ali določenih gospodarskih območij, kadar takšna pomoč ne spreminja trgovinskih pogojev v obsegu, ki bi bil v nasprotju s skupnimi interesi.
However, the Commission considers that because of the nature and characteristics of the aid, it is self-evident that the exceptions under these guidelines and communications are not applicable to the present case.
Vendar Komisija meni, da je zaradi narave in lastnosti pomoči očitno, da izjeme iz teh smernic in sporočil ne veljajo v zadevnem primeru.
On the basis of the foregoing arguments, the Commission considers that measures 4 and 5 involve state aid that is not compatible with the internal market.
Na podlagi navedenih utemeljitev Komisija meni, da ukrepa 4 in 5 vsebujeta državno pomoč, ki ni združljiva z notranjim trgom.
Court-supervised restructuring proceedings (measure 6)
Postopek prestrukturiranja pod nadzorom sodišča (ukrep 6)
Finland's main argument, as described in recitals 96-98, is that the City of Mikkeli was not more generous than other creditors of the company, but that the City of Mikkeli acted together with private creditors of the beneficiary and at the same conditions.
Glavna utemeljitev Finske, opisana v uvodnih izjavah 96–98, je, da mesto Mikkeli ni bilo bolj velikodušno kot drugi upniki podjetja, temveč da je mesto Mikkeli delovalo skupaj s zasebnimi upniki upravičenca in pod enakimi pogoji.
Accordingly, it acted like a private market economy investor when agreeing to the restructuring programme.
V skladu s tem je ravnalo kot zasebni vlagatelj v tržnem postopku, ko je soglašalo s programom prestrukturiranja.
The first question to be verified in this context is if the market economy operator test applies to situations where one or several public entities, the behaviour of which is imputable to the State, carry out multiple measures in respect of one undertaking.
Prvo vprašanje, ki ga je treba preveriti v tem okviru, je, ali preskus nosilcev dejavnosti v tržnem gospodarstvu velja v situacijah, ko ena ali več javnih oseb, katerih ravnanje se pripiše državi, izvede več ukrepov v povezavi z enim podjetjem.
The General Court has addressed this question in BP Chemicals v Commission [52].
Splošno sodišče je to vprašanje obravnavalo v BP Chemicals proti Komisiji [52].
According to the Court, the mere fact that a public undertaking has already made capital injections into a subsidiary which are classed as 'aid' does not automatically mean that a further capital injection cannot be classed as an investment which satisfies the private market economy investor test.
V skladu s sodiščem dejstvo, da je javno podjetje že dodelilo kapitalske injekcije hčerinski družbi, ki so uvrščene pod „pomoč“, ne pomeni samodejno, da nadaljnja kapitalska injekcija ne more biti uvrščena kot naložba, ki izpolnjuje preskus za zasebne vlagatelje v tržnem gospodarstvu.
The Commission has, however, to determine whether multiple measures in respect of one undertaking can be reasonably severed and can be seen as independent measures.
Vendar mora Komisija ugotoviti, ali je več ukrepov v povezavi z enim podjetjem lahko razumno ločenih in ali se lahko obravnavajo kot posamezni ukrepi.
In this context, according to the Court, the chronology of the measures in question, their purpose, and the subsidiary's situation at the time when each decision to make an injection was made have to be considered [53].
V skladu s Sodiščem je v tem okviru treba upoštevati kronologijo zadevnih ukrepov, njihov namen in položaj hčerinske družbe v času sprejetja vsake odločitve, da se dodeli injekcija [53].
In the case at hand, the Commission has to determine whether the guarantees granted in March and May 2004 (measure 4 and measure 5) can be severed from the court-supervised restructuring proceedings (measure 6).
V zadevnem primeru mora Komisija ugotoviti, ali so lahko poroštva, dodeljena marca in maja 2004 (ukrep 4 in ukrep 5), ločena od postopka prestrukturiranja pod nadzorom sodišča (ukrep 6).
Whereas it is true that all three measures have been decided within one year, the Commission observes that they intervened in a different context.
Čeprav je res, da so bili vsi trije ukrepi odobreni v roku enega leta, Komisija ugotavlja, da imajo učinek v različnih okvirih.
In the meantime, a court-supervised restructuring proceeding had been initiated, in which all creditors of the company participated.
Medtem se je začel postopek prestrukturiranja pod nadzorom sodišča, v katerem so sodelovali vsi upniki podjetja.
The purpose of measure 6 therefore was no longer to enable the company to return to viability without insolvency by obtaining fresh money from private banks.
Namen ukrepa 6 torej ni bil več, da se podjetju omogoči ponovno uspešno delovanje brez nesolventnosti s pridobitvijo novega denarja zasebnih bank.
Rather, the City of Mikkeli, as all other creditors, aimed, in their role as creditors, to maximize the recovery of their outstanding claims under the constraints of the national bankruptcy law.
Pravzaprav je mesto Mikkeli, tako kot vsi drugi upniki v svojih vlogah kot upniki, želelo čim bolj povečati izterjavo svojih neporavnanih zahtevkov v okviru omejitev nacionalne stečajne zakonodaje.
Therefore, the Commission considers that measure 6 can be severed from measures 4 and 5.
Zato Komisija meni, da je ukrep 6 lahko ločen od ukrepov 4 in 5.
As described in recital 31, Karjaportti, together with its private creditors, filed for court-supervised restructuring proceedings with the District Court of Mikkeli according to the Restructuring of Enterprises Act 47/1993.
Kot je opisano v uvodni izjavi 31, je podjetje Karjaportti skupaj s svojimi zasebnimi upniki vložilo zahtevek za postopek prestrukturiranja pod nadzorom sodišča na okrožnem sodišču mesta Mikkeli v skladu z Zakonom o prestrukturiranju podjetij 47/1993.
A restructuring programme was submitted to the Court, including details of the measures currently under assessment.
Sodišču je bil predložen program prestrukturiranja, skupaj s podrobnostmi ukrepov, ki so trenutno v postopku ocenjevanja.
The Court, after having checked the details, approved the restructuring programme.
Sodišče je po pregledu podrobnosti odobrilo program prestrukturiranja.
The Commission notes that Karjaportti has been subject to court-supervised restructuring proceedings under Finnish law.
Komisija ugotavlja, da je za podjetje Karjaportti veljal postopek prestrukturiranja pod nadzorom sodišča v okviru finske zakonodaje.
In fact, the purpose of such a court-supervised restructuring proceeding is to rehabilitate a distressed debtor's viable business, to ensure its continued viability and to achieve debt arrangements.
Pravzaprav je namen takega postopka prestrukturiranja rehabilitacija problematičnega podjetja dolžnika s sposobnostjo preživetja, da se zagotovi njegovo nadaljnje uspešno delovanje in se dosežejo dogovori za plačilo dolga.
Therefore, the Commission considers that the measures taken by the City of Mikkeli during the court-supervised restructuring proceeding can be assessed according to the market economy investor principle.
Zato Komisija meni, da se lahko ukrepi, ki jih je mesto Mikkeli sprejelo med postopkom prestrukturiranja pod nadzorom sodišča, ocenijo v skladu z načelom vlagatelja v tržnem gospodarstvu.
According to the Magefesa case law [54], if the state is more generous than other creditors of the company, measures under a court-supervised restructuring procedure can constitute state aid.
V skladu s sodno prakso Magefesa [54] lahko, če je država velikodušnejša kot drugi upniki podjetja, ukrepi v okviru postopka prestrukturiranja pod nadzorom sodišča pomenijo državno pomoč.
Accordingly, the Commission verifies whether indeed the private and the public creditors were equally treated in the restructuring proceedings
V skladu s tem Komisija preverja, ali so bili zasebni in javni upniki dejansko enako obravnavani v postopku prestrukturiranja.
First, it is noted that overall, the […] of restructuring debts (approximately [30-70] %) is owed to private creditors.
Komisija ugotavlja, da se […] dolgov prestrukturiranja (približno [30–70] %) dolguje zasebnim upnikom.
The main private creditors are Nordea Bank, Pohjola Bank and Nordea Financing.
Glavni zasebni upniki so Nordea Bank, Pohjola Bank in Nordea Financing.
Second, it has to be considered that the creditors of Karjaportti were divided into different groups, according to their ranking.
Drugič, treba je upoštevati, da so bili upniki podjetja Karjaportti razdeljeni v različne skupine v skladu z njihovo uvrstitvijo.
Together with the private creditors Nordea Bank, OKO/Pohjola Bank and Nordea Financing as well as the state owned specialised financing company Finnvera, the City of Mikkeli belonged to the group of creditors of large secured debts.
Skupaj z zasebnimi upniki Nordea Bank, OKO/Pohjola Bank in Nordea Financing ter specializiranim finančnim podjetjem v državni lasti Finnvera je mesto Mikkeli spadalo k skupini upnikov velikih zavarovanih dolgov.
As can be seen in Table IV, within these large secured debts, the City of Mikkeli has a share of [10-40]%, whereas the private creditors together have a share of [30-70] %.
Kot je razvidno iz tabele IV, ima mesto Mikkeli znotraj teh velikih zavarovanih dolgov [10–40]-odstotni delež, zasebni upniki pa imajo skupaj [30–70]-odstotni delež.
Finnvera has a share of [10-40] %.
Podjetje Finnvera ima [10–40]-odstotni delež.
In the following, each of the measures taken by the City of Mikkeli is assessed in more detail:
V nadaljevanju je podrobneje ocenjen vsak ukrep, ki ga je sprejelo mesto Mikkeli:
Reduction of interest rates for secured debts: As can be seen in Table V, the interest rates for the loans and other debts (unpaid charges) which were considered "large secured debts" were the same for private and public creditors, with the exception of […].
Znižanje obrestnih mer za zavarovane dolgove: Kot je razvidno iz tabele V, so bile obrestne mere za posojila in druge dolgove (neplačane stroške), ki so se upoštevali kot „veliki zavarovani dolgovi“, enaki za zasebne in javne upnike, razen za […].
It is considered that […] higher ranking justifies the difference in the interest rates applied.
Upošteva se, da višja uvrstitev […] upravičuje razliko v uporabljenih obrestnih merah.
Rescheduling of loans: The claims of the City of Mikkeli were deferred to the same extent as the claims of other secured debtors.
Odlog plačila posojil: Zahtevki mesta Mikkeli so bili odloženi za enako obdobje kot zahtevki drugih zavarovanih dolžnikov.
As can be seen in Table VI, Karjaportti has to pay instalments to all secured creditors from July 2009 on until 2015, when the biggest part of instalments becomes due (43 % of the capital of each of the secured debts).
Kot je razvidno iz tabele VI, mora podjetje Karjaportti plačevati obroke vsem zavarovanim upnikom od julija 2009 do leta 2015, ko zapade največji del obrokov (43 % kapitala vsakega zavarovanega dolga).
The instalments to be paid to each creditor all have the same proportion in relation to the overall amount of the claim of the respective creditor (2 % of the outstanding amount for the first three instalments; 4 % for the next two instalments; 6 % for the remaining instalment).
Obroki, ki morajo biti plačani vsakemu upniku, so vsi v enakem razmerju v primerjavi s skupnim zneskom zahtevka zadevnega upnika (2 % neporavnanega zneska za prve tri obroke, 4 % za naslednja dva obroka in 6 % za preostali obrok).
The last instalment amounts to 43 % of the capital for each of the secured creditors.
Zadnji obrok predstavlja 43 % kapitala za vsakega zavarovanega upnika.
Accordingly, the City of Mikkeli has not been treated less favourable than the private creditors in a similar situation.
V skladu s tem mesto Mikkeli ni bilo obravnavano slabše kot zasebni upniki v podobnem položaju.
Against this background, […] does not have to waive debts at the end of the court-supervised restructuring proceedings, as it is the highest ranking creditor.
Ob upoštevanju tega ozadja […] ni treba opustiti dolgov na koncu postopka prestrukturiranja pod nadzorom sodišča, saj je najvišje uvrščeni upnik.
The amounts for the other creditors were also determined according to the said methodology, resulting in the amounts presented in recital 43.
Zneski za druge upnike so bili prav tako ugotovljeni po navedeni metodologiji, ugotovljeni zneski pa so predstavljeni v uvodni izjavi 43.
The methodology used in determining the respective amounts can be considered credible, in particular as it relates the respective ranking to the value of the respective collateral in the two scenarios.
Metodologija, uporabljena pri ugotavljanju zadevnih zneskov, je verodostojna, zlasti ker je povezala zadevno uvrstitev z vrednostjo zadevnega zavarovanja v premoženju v obeh primerih.
In practice, the calculation was based on independent expert evaluations, and the same principles were used to all creditors when determining the amounts by which the restructuring debts can be at maximum reduced at the end of the court-supervised restructuring proceedings.
V praksi je izračun temeljil na ocenah neodvisnih strokovnjakov, enaka načela pa so bila uporabljena pri vseh upnikih pri določanju zneskov, za katere so lahko dolgovi prestrukturiranja največ znižani po koncu postopka prestrukturiranja pod nadzorom sodišča.
In light of this, it can be considered that all creditors were treated on an equal basis.
Ob upoštevanju tega so bili vsi upniki enako obravnavani.
Overall, the Commission considers that the City of Mikkeli was not treated less favourably than the private creditors during the court-supervised restructuring proceedings.
Na splošno Komisija meni, da mesto Mikkeli med postopkom prestrukturiranja pod nadzorom sodišča ni bilo obravnavano slabše kot zasebni upniki.
Where differences to the other creditors occur, they were justified by the different quality of collaterals the respective creditors held.
Kadar so se pojavile razlike v primerjavi z drugimi upniki, so jih upravičile različne kakovosti zavarovanj v premoženju v lasti zadevnih upnikov.
Therefore, in light of the above, it has to be concluded that the beneficiary did not gain an advantage within the meaning of Article 107(1) of the TFEU from the court-supervised restructuring proceedings.
Zato je treba ob upoštevanju zgoraj navedenega skleniti, da upravičenec ni imel prednosti v smislu člena 107(1) PDEU zaradi postopka prestrukturiranja pod nadzorom sodišča.
The doubts that the Commission raised in the opening decision are dispelled and the measures described in recitals 31-43 do not constitute state aid.
Pomisleki, ki jih je imela Komisija v prvi odločitvi o začetku postopka, se ovržejo in ukrepi, opisani v uvodnih izjavah 31–43, ne pomenijo državne pomoči.
Purchase of shares (measure 7)
Nakup delnic (ukrep 7)
First, the Commission notes that the purchase of shares was not part of the court-supervised restructuring proceedings.
Prvič, Komisija ugotavlja, da nakup delnic ni bil del postopka prestrukturiranja pod nadzorom sodišča.
Finland claims that the City of Mikkeli acted in line with the market economy investor principle when purchasing the shares.
Finska trdi, da je mesto Mikkeli pri nakupu delnic ravnalo v skladu z načelom zasebnega vlagatelja v tržnem gospodarstvu.
First, following the logic of the BP Chemicals case (see recitals 189-191), it has to be determined whether the market economy investor principle can be applied to measure 7, as the City of Mikkeli had already granted aid measures to Karjaportti in the past.
Prvič, če upoštevamo logiko v zadevi BP Chemicals (glej uvodne izjave 189–191), je treba ugotoviti, ali se lahko načelo zasebnega vlagatelja v tržnem gospodarstvu uporablja v ukrepu 7, saj je mesto Mikkeli podjetju Karjaportti v preteklosti že odobrilo ukrepe pomoči.
In this context, the Commission notes that measures 4 and 5 were taken before the beginning of the court-supervised restructuring proceedings, whereas the purchase of shares only took place afterwards.
V tem okviru Komisija ugotavlja, da sta bila ukrepa 4 in 5 sprejeta pred začetkom postopka prestrukturiranja pod nadzorom sodišča, nakup delnic pa je potekal šele po njem.
In addition, whereas the purpose of measures 4 and 5 was to allow the beneficiary to continue to have access to liquidity, after the beginning of the court-supervised restructuring proceedings it was clear that those needs would be addressed within such proceedings.
Poleg tega je bilo, čeprav je bil namen ukrepov 4 in 5, da se upravičencu dovoli nadaljnji dostop do likvidnosti, po začetku postopka prestrukturiranja pod nadzorom sodišča jasno, da bodo navedene potrebe obravnavane znotraj takega postopka.
Therefore, it is considered that measure 7 can be severed from measures 4 and 5 and that the market economy investor principle is in principle applicable to measure 7.
Zato se lahko ukrep 7 loči od ukrepov 4 in 5, načelo vlagatelja v tržnem gospodarstvu pa se načeloma lahko uporablja za ukrep 7.
As described at recital 156, the market economy investor principle is applicable to the purchase of land or other assets by a state.
Kot je opisano v uvodni izjavi 156, se načelo vlagatelja v tržnem gospodarstvu uporablja, ko zemljišča ali druga sredstva kupi država.
Finland provided a valuation of the value of the shares, undertaken by […] [55], a real estate management agency based in Helsinki.
Finska je zagotovila vrednotenje vrednosti delnic, ki jo je opravil […] [55], agencija za upravljanje nepremičnin s sedežem v Helsinkih.
The valuation, dated 29 March 2005, valued the shares in the real estate company between EUR 1 million and EUR 1,1 million. The valuation was based on the value of the property owned by the company.
Vrednotenje z dne 29. marca 2005 je delnice v nepremičninskem podjetju ocenilo na vrednost med 1 milijonom EUR in 1,1 milijona EUR. Vrednotenje je temeljilo na vrednosti nepremičnine v lasti podjetja.
Two methods were applied to determine the value: the capital value at market rent (after housing statistics compiled by Statistics Finland) and the resale value (after asking prices).
Za ugotovitev vrednosti sta se uporabljali dve metodi: kapitalska vrednost po tržni najemnini (glede na stanovanjsko statistiko finskih statističnih podatkov) in vrednost nadaljnje prodaje (glede na cene ponudbe).
At the time the shares were sold, the property was rented out below the market rent level.
V času prodaje delnic je bila nepremičnina oddana v najem pod ravnjo tržne najemnine.
According to the valuation, the market rent level could be reached in two years, with the maximum yearly rent increase.
Po podatkih vrednotenja bi se raven tržne najemnine lahko dosegla v dveh letih z najvišjo letno rastjo najemnine.
Accordingly, the value of the property was adjusted at the time of the purchase and in the end, the City of Mikkeli bought the shares at a price of EUR 860000.
V skladu s tem je bila vrednost nepremičnine prilagojena v času nakupa in na koncu je mesto Mikkeli delnice kupilo po ceni 860000 EUR.
The valuation was undertaken by an independent expert.
Vrednotenje je izvedel neodvisni strokovnjak.
The methodology used, as described above, was to first check the capital value at market rent, then the resale value.
Uporabljena metoda, kot je opisano zgoraj, je bila, da se je najprej preverila kapitalska vrednost po tržni najemnini in nato vrednost nadaljnje prodaje.
Both values were based on market data and the two values were used to determine the value of the shares, which was also adjusted to the rent level prevailing at the time of the purchase.
Obe vrednosti sta temeljili na tržnih podatkih in sta bili uporabljeni pri določanju vrednosti delnic, ki je bila prav tako prilagojena prevladujoči višini najemnin v času nakupa.
This methodology is considered as plausible.
Metodologija se šteje za verodostojno.
The Commission concludes that the shares in Kiinteistö Oy Suksimäki were bought at a market price and that the measure did not confer an advantage to Karjaportti.
Komisija je sklenila, da so bile delnice podjetja Kiinteistö Oy Suksimäki kupljene po tržni ceni ter da ukrep ni dodelil prednosti podjetju Karjaportti.
On the basis of the foregoing, the doubts raised by the Commission in the opening decision have been dispelled and it is concluded that the measure does not include state aid.
Na podlagi navedenega se ovržejo pomisleki Komisije iz odločitve o začetku postopka in Komisija je sklenila, da ukrep ne zajema državne pomoči.
Finland argues that the conversion of unpaid interest rates into loans is a typical measure to court-supervised restructuring proceedings.
Finska trdi, da je pretvorba neplačanih obrestnih mer v posojila običajen ukrep v postopku prestrukturiranja pod nadzorom sodišča.
It is true that such a measure can be seen as inherent to court-supervised restructuring proceedings.
Res je, da je lahko tak ukrep neločljivo povezan s postopkom prestrukturiranja pod nadzorom sodišča.
In the case at hand, the conversion of unpaid interest rates into loans in the year 2005 was in principle already laid down in the restructuring programme for all creditors of large secured debts ([two private creditors] and Finnvera).
V zadevnem primeru je bila pretvorba neplačanih obrestnih mer v posojila leta 2005 načeloma že določena v programu prestrukturiranja za vse upnike velikih zavarovanih dolgov ([dva zasebna upnika] in podjetje Finnvera).
In light of this, the Commission does not consider the fact that unpaid interest rates were converted into a loan as such as state aid.
Ob upoštevanju tega Komisija meni, da pretvorba neplačanih obrestnih mer v posojila ni državna pomoč.
It has, however, to be verified whether the interest rate that the City of Mikkeli charged from Karjaportti involved an advantage to the latter.
Vendar je treba preveriti, ali je obrestna mera mesta Mikkeli, ki jo je zaračunalo podjetju Karjaportti, vsebovala prednost za podjetje.
In this context, Finland considers that the City of Mikkeli acted in accordance with the private market investor principle, as private creditors converted unpaid interest rates into loans together with the City of Mikkeli.
V tem okviru Finska meni, da je mesto Mikkeli ravnalo v skladu z načelom zasebnega vlagatelja v tržnem gospodarstvu, saj so zasebni upniki, skupaj z mestom Mikkeli, pretvorili neplačane obrestne mere v posojila.