natgillin/translations-raw huggingface dataset:
The main cases cited concern local authorities, and the BRGM judgment of 6 February 2001 relates to a public industrial and commercial establishment.
Komisija zato meni, da te obljube o nakupu ni mogoče obravnavati kot zamene za razvezno klavzulo.
In any event, it is far from established that the State acting as public authority would be considered to be de facto manager.
Poleg tega Komisija ne more sprejeti trditve francoskih organov, da je memorandum o soglasju vseboval več jamstev za varovanje naložbe države.
The existence of one or more acts of mismanagement by the French State as de facto manager of the undertaking in compulsory liquidation
Obveznosti, naložene kupcem, ne pomenijo dodatnih tveganj ali omejitev za kupce, ki bi jih postavile v položaj, primerljiv s položajem družbe CGMF.
In the present case, the Commission notes that SNCM’s expert report referred, on the basis of a non-exhaustive list of factual elements, to a series of factors to show that the State, […] [60] Confidential information.
Njihov izključni namen je preprečiti zasebnim kupcem, da bi v obdobju, v katerem se lahko sklicujejo na razvezno klavzulo, uvedli kakršne koli zakonodajne spremembe družbe SNCM, ter zagotoviti, da bodo izvedli samo ukrepe, ki so potrebni za izvedbo poslovnega in socialnega načrta.
, committed acts of mismanagement.
Kot poudarja Splošno sodišče v svoji sodbi z dne 11. septembra 2012, analiza pričakovanega donosa sama po sebi ne utemeljuje sklepa, da je država opravila naložbo pod tržnimi pogoji, saj tveganje ni pravično razdeljeno med javne in zasebne delničarje.
In particular, it is reported that the French State made errors relating to investments linked […] [60] Confidential information.
Tudi če pogoj za „naložbe, opravljene pod enakimi pogoji“ (pari passu) ni izpolnjen, je lahko ukrep še vedno skladen z načelom zasebnega vlagatelja v tržnem gospodarstvu.
The State also allegedly committed numerous acts of mismanagement with regard to capacity […] [60] Confidential information.
V takih primerih je treba dokazati, da je država ravnala enako, kot bi v podobnem položaju ravnal preudarni zasebni vlagatelj, na primer z izvedbo predhodne analize donosnosti naložbe.
In their letter of 30 April 2007, the French authorities portrayed the risk of an order for damages against the State as very high, having regard to the criteria for categorising mismanagement as provided for in Article L. 651-2 of the Commercial Code.
Vendar francoski organi niso predložili dokazov o takšni predhodni analizi.
Again, the Commission considers that this statement of 30 April 2007, made in connection with a State aid procedure, cannot in itself suffice to establish to the requisite legal standard that a court would have considered that the national authorities committed the alleged errors, or, especially, the degree of probability of such an eventuality.
V svojih pripombah so samo naknadno preučili, da bi fiksna stopnja donosa v višini […] [60] Zaupen podatek.
This is all the more so since the French authorities deny the very existence of acts of mismanagement, which are, however, a sine qua non for the bringing of an action ‘en comblement de passif’.
% ustrezala zasebnemu vlagatelju na podlagi primerjave s stopnjo donosa OAT (Obligation Assimilable du Trésor), ki jo je izdala država in katere stopnja donosa je bila takrat med 3,72 % in 3,95 %.
More fundamentally, SNCM, like the French authorities, relies to a large extent on very old management decisions.
Vendar niso predložili analize, ki bi pokazala, da bi bila 10-odstotna stopnja sprejemljiva za zasebnega vlagatelja glede na tveganja, ki jim je bila izpostavljena država, npr. tveganja v zvezi s klavzulo o prenehanju in tveganja v zvezi s položajem podjetja.
Thus the Baker & McKenzie report focuses on […] [60] Confidential information.
Stopnja v višini […] [60] Zaupen podatek.
carried out up until 2000.
% velja samo za kapitalski vložek v znesku 8,75 milijona EUR, vendar bi bilo treba pri analizi upoštevati celotni vložek države, ki je bil sprejet na podlagi memoranduma.
It does not hesitate to refer to Court of Auditors reports for the financial years 1993-99.
Glede na to, da negativna prodajna cena v višini 158 milijonov EUR in predplačilo na tekoči račun v znesku 38,5 milijona EUR nista povezana z donosom, bi bila stopnja donosa celotne naložbe, ki jo je država zagotovila družbi SNCM, v času privatizacije leta 2006 precej nižja od stopnje donosa OAT.
It was around the mid-1990s that the main acts of mismanagement allegedly took place.
Glede na tveganja ta stopnja ne bi bila sprejemljiva za zasebnega vlagatelja v tržnem gospodarstvu.
There was, therefore, at least implicit acceptance of the risk associated with this type of management.
Zato meni, da kapitalski vložek države v višini 8,75 milijona EUR zagotavlja prednost družbi SNCM, ker je bil navedeni vložek zagotovljen vzporedno z vložkom zasebnega kapitala pod pogoji, ki niso primerljivi v smislu sodne prakse Unije.
There is nothing to indicate that the State’s liability for making good the asset shortfall can reasonably be incurred in such a situation.
Zato zadevni ukrep pomeni državno pomoč v smislu člena 107(1) PDEU.
Furthermore, these alleged acts of mismanagement can be explained by political choices made by the public authorities and there is nothing to indicate either that these political choices can be classed as mismanagement within the meaning of the case-law on making good a shortfall in assets.
Ukrepi pomoči za osebe (38,5 milijona EUR)
Finally, the Baker & McKenzie report lacks credibility, particularly when it maintains that SNCM’s situation was attributable to external communication errors committed by the State with regard to that situation.
Francoski organi menijo, da ta sredstva pomenijo pomoč osebam, ki podjetju ne koristi in zato ni državna pomoč.
All that emerges from this report is that the State mentioned a situation which was already public knowledge.
Kot zainteresirani strani sta družbi CFF in STIM izpodbijali opredelitev tega ukrepa kot pomoči osebam, ker sta menili, da bi ukrep lahko zagotovil posredne pozitivne učinke družbi SNCM.
The State’s conduct therefore has nothing in common with an act of mismanagement.
Splošno sodišče je odločilo, da „to, da so neposredni upravičenci pomoči za osebe zaposleni, ne more zadoščati za izkaz neobstoja pomoči v korist njihovega delodajalca“ [155].
The finding of a shortfall in assets
Kot navaja Splošno sodišče v točki 138 sodbe z dne 11. septembra 2012, je za „preučitev, ali te pomoči za osebe pomenijo pomoč v smislu člena 87(1) ES, […] treba torej ugotoviti, ali družba SNCM prejema posredno gospodarsko prednost, ki ji omogoča, da ji ni treba nositi stroškov, ki bi morali običajno bremeniti njena lastna finančna sredstva, in torej preprečuje, da bi tržne sile povzročile svoje običajne posledice“.
In this case, the Commission remarks that the Oddo-Hastings report points up an asset shortfall of EUR 134,4 million at 30 September 2005, calculated as the difference between the value of SNCM’s assets (EUR 190,3 million) and the value of the undertaking’s liabilities (preferential and non-preferential debts valued respectively at EUR 153,8 million and EUR 170,9 million).
Komisija še ugotavlja, da ta ukrep v skladu z memorandumom o soglasju pomeni zavezo države do zasebnih partnerjev o financiranju „dela stroškov morebitnih prostovoljnih odhodov ali prekinitev pogodb o zaposlitvi (ne glede na njihovo naravo), ki bi nastali poleg kakršnih koli zneskov, ki jih mora delodajalec plačati“.
The Commission previously estimated the shortfall in SNCM’s assets at EUR 123,5 million at 30 September 2005 (see recital 264).
Kot ugotavlja Splošno sodišče v točki 145 sodbe z dne 11. septembra 2012, vključitev teh pomoči za osebe v sporazum o prodaji kaže na to, da te pomoči ustvarjajo prednost.
The existence of a causal link between the mismanagement and the established shortfall in assets
Strani so se lahko k temu zatekle, ker so lahko od tega pridobile neko korist.
According to the French authorities, the manager of a legal person may be declared liable, on the basis of Article L.624-3 of the Commercial Code, even if his act of mismanagement is only one of the causes of the shortfall in assets, and may be ordered to bear in whole or in part the social debts, even if his mismanagement is the cause of only a part of them [146].
Ta pomoč zato lahko družbi SNCM zagotovi gospodarsko prednost, saj ji ni treba nositi vseh stroškov, povezanih z morebitnimi prihodnjimi odhodi nekaterih zaposlenih.
According to the French authorities, the French State would be called upon to bear a proportion estimated at between 85 % and 100 % of the established shortfall in assets, i.e. between EUR 114,3 million and EUR 134,4 million.
Če država podjetje razbremeni teh stroškov, to dejansko pomeni, da mu je bila zagotovljena prednost.
There is no sound basis for this analysis.
Komisija poudarja, da so ti dopolnilni socialni ukrepi namenjeni za olajševanje izvajanja načrtov glede odpuščanja, potrebnih za doseganje ciljev podjetja, in da niso zakonsko predpisani.
In so far as the alleged acts of mismanagement are based on decisions taken in the mid-1990s which immediately generated additional costs for SNCM, it is very difficult to attribute the problem to an asset shortfall in 2005, particularly since a lot of things happened between the two dates.
V tem primeru pogosti delavski spori v družbi SNCM kažejo, da izvedba socialnega načrta v podjetju skoraj zagotavlja pojav stavk in drugih delavskih sporov.
Furthermore, if there seems to be no automatic link between the amount of compensation granted to make good the asset shortfall and the amount of the increase in liabilities caused by the manager’s mismanagement (if this were to be established), this also means that the courts may decide to set the amount to be paid by the manager at a much lower level than the established asset shortfall [147].
Nobenega dvoma ni, da ti dodatni socialni ukrepi pomenijo prednost za družbo SNCM.
Contrary to what the French authorities (and SNCM) seem to believe, there is nothing to indicate that the decisions at issue here would be considered by the courts looking into the matter to be serious enough to warrant placing the burden of a major part of the asset shortfall on the shoulders of the public authorities.
Komisija zato meni, da ta ukrep pomeni pomoč v smislu člena 107(1) PDEU.
According to the French authorities, in addition to the asset shortfall, and in the light of the relevant case-law [148], a court would definitely be compelled to order the French State to make the additional redundancy payments (between EUR [200-210] [60] Confidential information.
Ko je bila privatizacija predvidena, je bil načrt prestrukturiranja še v fazi priprave.
million and EUR [250-260] [60] Confidential information. million).
Vendar družba SNCM ni dosegla obnove sposobnosti preživetja.
The French authorities consider the actual costs to be paid by the French State as shareholder as falling somewhere in the region of EUR 212,1 million to EUR 361 million.
Splošno sodišče je v zvezi s tem poudarilo, „da je odločba iz leta 2006 jasna glede dejstva, da morajo biti elementi pomoči za prestrukturiranje, če so prisotni v načrtu za leto 2006, analizirani skupaj s pomočjo za prestrukturiranje iz načrta za leto 2002 […]“ [156].
The French authorities point out that, in recent judgments, the French courts have ordered the de facto or de jure manager to defray, as well as the asset shortfall, additional redundancy payments calculated on the basis of a social plan drawn up by the undertaking before it was put into liquidation.
Splošno sodišče poudarja, da je bila za to analizo uporabljena „dobra podlaga“.
The French authorities state in particular that, in the Aspocomp case, the French company Aspocomp SAS, a 99 % subsidiary of the Finnish company Aspocomp Group Oyj, signed a company-level agreement on 18 January 2002 describing the conditions for indemnification of a social plan relating to 210 employees out of a total of 550.
Znesek v višini 69,29 milijona EUR obsega 66 milijonov EUR, dodeljenih leta 2002 kot prvi obrok načrta za prestrukturiranje, in 3,29 milijona EUR pomoči, dodeljene kot drugi obrok leta 2005.
That agreement described, in particular, the amount of compensation and additional payments as well as assistance in the case of voluntary redundancy.
Od tega zneska pomoči, dodeljenega v okviru načrta prestrukturiranja iz leta 2002, se 53,4 milijona EUR v resnici nanaša na prenos pooblastil javne službe.
Following a change in group strategy, the parent company Aspocomp Group Oyj decided on 21 February 2002 to stop financing its subsidiary Aspocomp SAS, thereby forcing the latter into voluntary liquidation.
Ker je Splošno sodišče s svojo sodbo z dne 11. septembra 2012 potrdilo zakonitost te pomoči, mora Komisija skupaj preučiti združljivost dejanske pomoči za prestrukturiranje, tj. znesek v višini 15,81 milijona EUR, dodeljen med prestrukturiranjem leta 2002, in združljivost vseh ukrepov iz leta 2006 v smislu smernic iz leta 2004.
That decision prevented the subsidiary from fulfilling its obligations under the company-level agreement and forced it to lay off all of its remaining employees.
PREUČITEV ZDRUŽLJIVOSTI POMOČI ZA PRESTRUKTURIRANJE, IZPLAČANE LETA 2002 IN 2006
In these circumstances, the judgment of the Rouen Court of Appeal confirmed the judgment of the Evreux labour court and ordered Aspocomp Group Oyj, which had 99 % control of its subsidiary, to pay (i) the employees affected by the company-level agreement the entire compensation and additional payments provided for in that agreement, as well as damages for dismissal without due and just cause and (ii) the employees laid off under the voluntary liquidation of Aspocomp equivalent payments given that, by not honouring the commitments made, the parent company had acted unfairly and with a culpable lack of concern.
Upoštevane smernice
Although France also referred, in support of its theory, to a judgment of the commercial division of the Court of Cassation [149] handed down on 19 April 2005, the Commission does not see any decisive element in that judgment with any bearing on the present dispute.
V skladu s prehodnimi pravili iz smernic iz leta 2004 [157] je treba v zvezi s pomočjo uporabiti te smernice, če je pomoč nezakonita in je bil del pomoči dodeljen po začetku njihove veljavnosti.
The only relevant observation made by the Court of Cassation is that an appeal court did not set out adequate grounds in law to settle confusion over ownership between a parent company and its subsidiary.
Ker ukrepi iz leta 2006 pomenijo pomoč, jih je treba obravnavati kot sestavni del ukrepov prestrukturiranja, ki so se začeli izvajati leta 2002, in analizirati vzporedno.
At all events, the Commission notes that the facts in Aspocomp are not comparable to those in the case under examination.
Združljivost celotne pomoči bo zato analizirana v okviru smernic iz leta 2004.
In the present case, CGMF did not fail to honour its commitments to make additional redundancy payments.
„Podjetje v težavah“
It is to be noted that both SNCM and the French authorities seem to attribute importance to the fact that a social plan […] [60] Confidential information.
Da bi bilo podjetje upravičeno do pomoči za prestrukturiranje, mora izpolnjevati pogoje za podjetje v težavah v smislu smernic.
It is extremely doubtful that […] [60] Confidential information.
V obravnavanem primeru Komisija navaja, da je izpolnjevanje tega pogoja ugotovila v svoji odločbi z dne 17. julija 2002 o pomoči za reševanje za družbo SNCM [158] in v svoji odločbi z dne 19. avgusta 2002 o začetku formalnega postopka preiskave v zvezi z načrtom dokapitalizacije na podlagi letnih računovodskih izkazov družbe SNCM za leto 2001.
can be considered mismanagement such as to incur the liability of the State towards the employees […] [60] Confidential information.
Komisija poleg navedenega gibanja osnovnega kapitala ugotavlja še, da:
Even in the unlikely event that […] [60] Confidential information.
so se med letoma 2001 in 2002 izgube pred obdavčitvijo povečale z –5,1 milijona EUR leta 2001 na –5,8 milijona EUR leta 2002, pri čemer so se neto izgube leta 2002 zmanjšale samo zaradi prodaje nekaterih ladij,
the State was liable towards the employees and had entitled them to compensation payable by the State [150], the granting of such an entitlement would itself constitute an advantage accorded to SNCM, and hence State aid, for reasons similar to those set out below concerning aid to individuals totalling EUR 38,5 million, as this measure was capable of improving somewhat industrial relations in the undertaking.
se je denarni tok družbe SNCM zmanjšal z 39,2 milijona EUR na koncu leta 2001 na 35,7 milijona EUR na koncu leta 2002,
Conclusion on taking account of action to make good the asset shortfall
se je neto finančni dolg brez upoštevanja zakupov povečal s 135,8 milijona EUR leta 2000 na 144,8 milijona EUR leta 2002,
It has not been established to the requisite legal standard that the French authorities would, with a sufficient degree of probability, have been ordered by a national court to pay damages to make good the asset shortfall, and still less that the monies to be paid would have exceeded the negative price at which SNCM was ‘sold’.
so se finančne dajatve (obresti in podobne dajatve) povečale s 7 milijonov EUR leta 2000 na 9,503 milijona EUR leta 2002.
Account should also be taken of the fact that the State’s actions, assuming that it was indeed guilty of mismanagement, were intended to protect national industries and services, including SNCM and its employees, notably by avoiding imposing a situation on them which could have provoked social unrest.
Francoski organi so poleg tega Komisiji potrdili, da banke družbi odslej zavračajo posojilo denarja zaradi njene zadolženosti, čeprav je SNCM kot jamstvo predlagala svoje najnovejše ladje, ki niso obremenjene s hipoteko ali predmet drugih podobnih služnosti.
In reality, even if public bodies, including the State, can be considered in certain circumstances to be de facto managers of an undertaking, there is nothing to indicate that the measure to make good the shortfall can be used to gain insight into the State’s policy decisions, particularly in such circumstances.
Pogodba o prenosu pooblastil javne službe ni spremenila te analize.
This is a far cry from the circumstances of the Aspocomp case, which was in no way concerned with such matters.
Čeprav je ta pogodba skupaj z uspehom načrta prestrukturiranja družbi SNCM nedvomno omogočila dosego pozitivnih rezultatov poslovanja, je kljub temu mogoče pričakovati, da bo podjetje zaradi hudega pomanjkanja lastnih sredstev, čedalje večje zadolženosti in stroškov operativnih ukrepov iz načrta prestrukturiranja v nekem času prenehalo poslovati.
The Commission considers in any event that the French authorities cannot now avail themselves of political choices made in the past to justify public intervention intended to remedy the effects of those earlier choices.
Ker je obdobje prestrukturiranja trajalo od leta 2002 do leta 2006, je treba preveriti, ali je družba SNCM izpolnjevala navedeni pogoj v navedenem obdobju in zlasti v času, ko je bila sprejeta odločitev o zagotovitvi novih javnih sredstev.
On the contrary, both cases of intervention, i.e. the interference of the past and the more recent public intervention, should be regarded as cumulative distortions of competition.
V odločbi iz leta 2003 je navedeno, da je družba SNCM izpolnila ta pogoj v poslovnih letih 2001 in 2002 [160].
Accepting the State’s liability for making good the asset shortfall would be tantamount to allowing the State to admit to mismanagement of the undertaking so as to be able to make a financial contribution without its being classed as state aid, thereby engendering a fresh distortion of competition.
Zdaj je treba preveriti, ali je družba SNCM še naprej izpolnjevala pogoj v poslovnih letih 2003–2005, to je v zadnjih popolnih računovodskih letih pred izvedbo novih ukrepov iz leta 2006 v zvezi s privatizacijo družbe SNCM.
The State would effectively be ‘using’ its own mismanagement as justification for granting an additional financial contribution in contradiction with the general principle of ‘nemo auditur propriam turpitudinem allegans’ [151].
Glede na navedeno Komisija meni, da se družba SNCM lahko šteje za podjetje v težavah v smislu smernic iz leta 2004.
It would also be totally contrived to portray the State simultaneously as saint and sinner, i.e. as a ‘bad manager’ (assuming this were proven to be the case) stepping in to bail out the undertaking which it has mismanaged.
Lastni prispevek
Management errors do not constitute normal behaviour on the part of the prudent private investor in a market economy.
V skladu s točko 43 smernic morata biti „[k]oličina in intenzivnost pomoči […] omejeni na najnižjo vsoto stroškov, potrebnih za prestrukturiranje, ob upoštevanju obstoječih finančnih virov podjetja, njegovih delničarjev ali poslovne skupine, v katero podjetje spada.
Accordingly, bail-out mechanisms to set right such errors are not normal behaviour either.
Pri takšni oceni se upošteva kakršna koli predhodno dodeljena pomoč za reševanje.
Accepting the theory advanced by the French authorities and by SNCM would pave the way for the State to award guarantees to undertakings by knowingly ‘making management errors’.
Upravičenci do pomoči bodo morali prispevati pomemben delež k načrtu za prestrukturiranje iz lastnih virov, tudi prodajo sredstev, ki niso bistvenega pomena za preživetje podjetja, ali iz zunanjega financiranja pri tržnih pogojih.
This is hardly acceptable in terms of aid discipline.
Takšen prispevek kaže, da trgi verjamejo, da lahko podjetje znova postane sposobno preživeti.
In this case, the conduct that would incur the liability of the State according to the theory expounded by SNCM and the French authorities would in fact only apply to the State’s actions as a public authority, not as a shareholder.
Takšen prispevek mora biti realen, tj. dejanski, izključevati mora vse pričakovane prihodnje dobičke, kot je denarni tok, in mora biti čim višji“.
Given that a prudent private investor would not have taken decisions based on these political and public considerations, the risk of having to make good an asset shortfall resulting from such decisions does not come into play for a ‘prudent private investor in a market economy’ test [152].
V točki 44 smernic je določeno, da „Komisija običajno šteje za ustrezne naslednje prispevke k prestrukturiranju: vsaj 25 % v primeru majhnih podjetij, in vsaj 40 % v primeru srednjih podjetij in vsaj 50 % za velika podjetja.
The French authorities point out that in its ABX decision of 7 December 2005 the Commission was willing to take account of the fact that ‘in certain exceptional cases, some national legislation provides for the possibility of third parties to bring proceedings against the shareholders of a liquidated company, in particular if these shareholders may be considered [deleted in the text] and/or as being guilty of mismanagement.’ [153].
V izjemnih okoliščinah in v primerih posebnih težav, ki jih mora država članica dokazati, lahko Komisija sprejme nižji prispevek“.
However, the Commission underlines that the concept of aid must be assessed objectively and notes that the decision to open proceedings in the same case stipulated that ‘even in the unlikely event that all of these conditions required by national law to hold them accountable … were fulfilled, this would still not rule out the presence of state aid in the measures for the benefit of the subsidiary.’ [154].
V točki 7 smernic je navedeno tudi, da „je primerno ponovno še jasneje poudariti načelo, da mora biti ta [pomemben prispevek upravičenca k prestrukturiranju] realen in v njem ne sme biti všteta nobena pomoč.
In the present case, the Commission considers that the French authorities have not adequately dispelled its doubts surrounding the assertion that SNCM’s shareholder was at risk, with a sufficient degree of certainty, of being held to account.
Prispevek upravičenca ima dvojni namen: po eni strani pokaže zaupanje trgov (lastnikov, upnikov) v to, da lahko podjetje v primernem časovnem obdobju obnovi sposobnost preživetja.