natgillin/translations-raw huggingface dataset:
Disputing, first, that SNCM is an undertaking in difficulty within the meaning of the guidelines [88], CFF raises the question whether SNCM can become profitable on the non-subsidised routes.
CFF v zvezi s socialnimi ukrepi v višini 38,5 milijona EUR izpodbija opredelitev navedenega zneska kot pomoči za osebe.
Moreover, CFF notes that, contrary to what is stated in the restructuring plan [89], services are still operated to Livorno.
Čeprav je res, da ta znesek koristi neposredno zaposlenim družbe SNCM, CFF poudarja, da bi ta ukrep lahko ustvaril posredne pozitivne učinke za družbo SNCM, zlasti v smislu umiritve odnosov med delodajalci in delojemalci.
On the subject of cost reduction, CFF regrets that it does not have access to particular parts of the restructuring plan at which its representatives have levelled criticism [90].
O ukrepih po dokapitalizaciji iz leta 2002
CFF is of the view that the calculation by the French authorities resulting in the amount of EUR 76 million is purely notional [91] while the own capital-to-debt ratio of 79 % decided upon by the French authorities seems exaggerated [92].
Družba STIM v zvezi z negativno prodajno ceno 158 milijonov EUR meni, da ta cena ni tržna cena, ki izhaja iz odprtega in nediskriminacijskega konkurenčnega razpisnega postopka, saj je dokapitalizacija potekala pod drugačnimi pogoji, kot jim mora običajno slediti zasebni vlagatelj.
With regard to SNCM’s shareholdings, CFF notes that some of the subsidiaries are of no relevance to the shipping company’s activities [93].
STIM meni, da bi revalorizirana neto sredstva v najslabšem primeru omogočala likvidacijo brez stroškov za državo ali celo dobiček pri likvidaciji, da je prodajna cena smešno nizka v primerjavi z vrednostjo podjetja (ki jo družba STIM ocenjuje na 350 milijonov EUR) in da je pomoč nesorazmerna glede na potrebe podjetja.
CFF concludes that the planned aid circumvents the Cabotage Regulation and renders the invitation to tender for Marseille to Corsica services meaningless.
Družba STIM Komisijo opozarja tudi na pretiranost razvezne klavzule v zvezi s prodajo zasebnemu sektorju.
CFF emphasises that the planned aid should not result in facilitating a more aggressive commercial offer on the part of SNCM.
Nazadnje, STIM izpodbija utemeljitev negativne prodajne cene na podlagi predpostavke, da bo likvidacija potekala v težkih socialnih razmerah, kar se zdi nerealno.
It suggests that restructuring aid should not be granted until 2007 and only if SNCM loses the next tender in 2006, which would be the only scenario that would genuinely put the public shipping company in difficulty.
STIM v zvezi z drugo dokapitalizacijo za 8,75 milijona EUR meni, da navedeni kapitalski vložek ni v skladu z načelom zasebnega vlagatelja v tržnem gospodarstvu glede na nezadostnost jamstev za donosnost naložbe.
Comments by STIM
STIM izpodbija trditev, ki se nanaša na sočasnost zasebne in javne naložbe ter s katero se želi dokazati, da ta vložek ni državna pomoč.
STIM, the main shareholder in CMN, argues that SNCM’s shares in CMN should be analysed as purely financial assets.
Če je dokazana, je taka sočasnost samo kazalnik in sama po sebi ne more biti merilo opredelitve [99].
According to STIM, CMN and SNCM are independent and in competition with each other on routes other than those from Marseille, even though both are co-contractors under the public service delegation contract.
Nazadnje, STIM navaja, da navedeni vložek pomeni jamstvo francoske vlade kupcem, da je družba SNCM dejansko dobila prenos pooblastil javne službe za povezave s Korziko.
The letter states that STIM would undertake ‘to buy back all or part, and preferably all, of SNCM’s shares in CMN’, whose value it estimates at between EUR 15 million and EUR 17 million, if the Commission were to take the view, under the conditions it might impose in its final decision, that ‘such a sale is necessary to ensure that the restructuring plan is properly balanced’.
Družba STIM v zvezi s pomočjo za osebe v višini 38,5 milijona EUR meni, da je namen tega zneska dejansko zagotoviti sredstva družbi SNCM, da bi izpolnila nekatere poglavitne vidike sanacijskega načrta, predloženega Komisiji, ki niso bili uresničeni, zlasti zmanjšanje števila zaposlenih.
Comments by the representatives of the regional and local authorities
O združljivosti s smernicami iz leta 2004
The mayor of the city of Marseille, the president of the general council of Bouches-du-Rhône and the president of the regional council of Provence-Alpes-Côte d’Azur highlighted the economic importance of SNCM’s role in the regional economy.
Družba STIM meni, da pomoč, ki jo je prejela družba SNCM, ni omejena na najnižjo raven.
The president of the regional council of Provence-Alpes-Côte d’Azur added that the conditions for SNCM’s restructuring plan to guarantee the undertaking’s viability appear to be satisfied.
Prispevek družbe SNCM in kupcev k načrtu prestrukturiranja je nezadosten glede na pogoje, določene v smernicah iz leta 2004, poleg tega ni dokazano, da je bil položaj SNCM tako izreden, da bi upravičeval nižji lastni prispevek.
The president of the executive council of the Assembly of Corsica submitted the deliberations of that assembly of 18 December 2002 during which it issued ‘a favourable opinion’ regarding SNCM’s planned recapitalisation.
STIM še opozarja na nesorazmernost pomoči, dodeljene leta 2006, saj je družbi SNCM omogočila oblikovanje rezerv za kritje prihodnjih izgub.
Comments by the Corsica Transport Office
Nazadnje, dejstvo, da SNCM ni predvidela prodaje sredstev, ki niso bistvenega pomena za preživetje podjetja, je v nasprotju z zahtevami iz smernic iz leta 2004.
It notes, in addition, the importance of SNCM to the Corsican economy.
V zvezi s tem navaja, da navedeni deleži niso strateški v smislu smernic iz leta 2004 o pomoči za prestrukturiranje, saj niso bistvenega pomena za preživetje podjetja niti niso neodtujljiva sredstva.
ON THE 2006 DECISION TO EXTEND THE PROCEDURE
Družba STIM še trdi, da domnevnih sinergij med družbama SNCM in CMN ni, saj SNCM nima vloge pri vodenju in razvoju CMN.
CFF notes the scale of the amounts in question, their disproportionate nature in relation to SNCM’s turnover and the fact that they were paid to SNCM before the Commission took a position on aid classification pursuant to Article 87(1) of the EC Treaty.
Pripombe družbe SNCM
CFF draws the Commission’s attention to the fact that the French State’s support for SNCM is of strategic importance to the development of CFF.
Družba SNCM je Komisiji poslala dokument, v katerem je povzela svoj gospodarski in konkurenčni položaj, ter pravni nasvet z oceno tveganja, da bodo sodišča v primeru likvidacijskih postopkov državno posredovanje označila kot dejansko vodenje družbe v obdobju pred privatizacijo.
These unauthorised measures enable SNCM to have a very aggressive tariff policy on the routes on which CFF has been present for 10 years and on which, for the first time since it was set up, it is losing market share.
Odvetniška pisarna Baker & McKenzie, s katero se je posvetovala SNCM, je sklenila, da na podlagi statutov podjetja ter spremnih dopisov, govorov in zapisnikov, država […] [60] Zaupen podatek.
In respect of the process of competitive tendering for the sale of the company, CFF takes the view that it was not fully transparent in so far as the undertaking selected, namely BCP, no longer has operational control of SNCM, having handed over to the VT group.
[100] Med dejstvi, na katerih temelji navedeno poročilo, se zdi, da uprava družbe SNCM […] [60] Zaupen podatek. svoja pooblastila za predhodna dovoljenja. […] [60] Zaupen podatek.
Furthermore, since the financial conditions had changed to become much more favourable to the buyers, CFF raises the question of the principle of the equal treatment of investors which ought to have prevailed throughout the transaction.
[101] Poročilo se na podlagi poročila Računskega sodišča med drugim sklicuje na dejstvo, da je država odločila […] [60] Zaupen podatek. lahko o tem razpravljajo.
As regards the negative sale price of EUR 158 million, CFF is uncertain whether the criterion of the prudent investor in a market economy applies to the present case.
, […]* uprave družb [102].
First, CFF wonders whether the view can be taken that the transaction at issue was carried out by the State at the same time as a significant and concurrent action by private operators involved in comparable circumstances, while the State recapitalised the company before the joint recapitalisation by the shareholders and the new restructuring plan.
V poročilu je navedeno tudi, da […] [60] Zaupen podatek.
Second, CFF considers that, in the face of SNCM’s serious financial circumstances, a prudent investor would have acted sooner in order to prevent his investment depreciating [94].
Država na primer […] [60] Zaupen podatek.
CFF takes the view that the reference to the ABX Logistics case is irrelevant.
upravitelji družbe SNCM.
Besides the fact that the circumstances of that case cannot be applied to the present case, CFF notes a significant contribution by the aid beneficiary in that case, which clearly did not happen with SNCM.
Nazadnje, navedeno poročilo se sklicuje na dejstvo, da […] [60] Zaupen podatek.
Furthermore, according to CFF, the Commission decision of 2006 did not take account of the costs relating to the risk of legal proceedings in a liquidation of the undertaking concerned.
SNCM.
In that respect, CFF submits that the national case-law relied on by France to justify the costs relating to SNCM’s liquidation does not apply to the present case.
Na podlagi tega strokovnjak družbe SNCM ugotavlja, da je zelo verjetno, da bi trgovinsko sodišče v Marseillu ugotovilo, da je francoska država dejanska upraviteljica.
According to CFF, the Court of Cassation in the Mines et produits chimiques de Salsignes case does not refer at all to the direct liability of the State as shareholder in the event of the liquidation of an undertaking in which it is the shareholder, but rather the possibility of bringing an action for payment of payroll and social security debts against an industrial and commercial public company and the impossibility for the managers to escape their obligations by relying on action by the public authorities.
Poleg tega so glede na ugotovitve, ki jih med drugim vsebujejo poročila Računskega sodišča, napake pri upravljanju, za katere je odgovorna francoska država, dejanska upraviteljica družbe SNCM, prispevale k ugotovljenemu primanjkljaju sredstev SNCM.
As regards the inapplicability to the present case of the Aspocomp case-law established by the Rouen Court of Appeal, CFF submits that the subject-matter of that case, relating to an order that a parent company pay to the employees of a subsidiary social benefits for ‘failure to comply with an agreement’ ratified by the former, is very different from the facts of the SNCM case.
Poročilo med drugim vsebuje ostre kritike glede naslednjih napak pri upravljanju:
There is therefore no definite risk that CGMF or the State will be ordered to make redundancy payments in the event of compulsory liquidation.
Izguba, nastala zaradi slabega vodenja, je znašala […] [60] Zaupen podatek.
Moreover, CFF doubts the estimated figure for the other social costs because they seem to differ, depending on the experts asked to determine them.
Po mnenju strokovnjaka družbe SNCM v teh okoliščinah ni nobenega dvoma, da bi država v primeru tožbe za poravnavo dolgov morala zaradi velike vloge, ki jo je imela pri upravljanju družbe SNCM, očitnih napak pri upravljanju in obsega svojih finančnih sredstev kriti celotni primanjkljaj ali del primanjkljaja.
CFF takes the view that the application of the Community case-law in Gröditzer and Hytasa to the present case necessarily leads to the conclusion that the State did not act like a private investor in so far as, in accordance with the above case-law, the capital contribution by the State was linked to the sale of 75 % of its stake in SNCM, reducing in proportion the prospects of profit in return.
Strokovnjak družbe SNCM na podlagi zadevne sodne prakse sklepa, da bi država v primeru likvidacije SNCM zagotovo morala plačati vse dolgovane plače in dolgove iz socialne varnosti družbe SNCM.
Finally, CFF considers that the comparison between the liquidation costs and the recapitalisation costs should take into account the value of the assets, which is transferred to the buyer in both cases.
Na podlagi tega bi bila država kot delničarka spoznana za odgovorno za delež, ocenjen na 85–100 % ugotovljenega primanjkljaja sredstev (tj. med 316,6 milijona EUR in 385,7 milijona EUR).
CFF submits that the value of the assets sold to the buyers varies between EUR 640 million and EUR 755 million [95], compared with the market value of the fleet used by SNCM, which CFF valued at between EUR 644 million and EUR 664 million in August 2006.
Zato je država ravnala kot preudaren vlagatelj, ko je odločila, da se družba SNCM privatizira, pri čemer je pred tem okrepila njen kapital za 158 milijonov EUR.
As regards the classification of the measures subsequent to the 2002 recapitalisation as restructuring aid, CFF is of the opinion that, although SNCM fulfils the conditions of an undertaking in difficulty under the 2004 guidelines in the period preceding the first recapitalisation of EUR 142,5 million, that classification becomes very questionable for the period preceding the second capital increase of EUR 8,75 million because the undertaking’s capital had been reconstituted.
V. STALIŠČA FRANCIJE GLEDE PRIPOMB ZAINTERESIRANIH STRANI
As regards the viability of the undertaking, CFF emphasises that the sale of SNCM is only partial and is not irrevocable, in the light of the cancellation clauses negotiated with the buyers.
STALIŠČA FRANCIJE GLEDE PRIPOMB ZAINTERESIRANIH STRANI V ZVEZI Z ODLOČITVIJO IZ LETA 2002 O ZAČETKU FORMALNEGA POSTOPKA PREISKAVE
Those factors are important elements of uncertainty as regards the will and the ability of the buyers to turn SNCM around and therefore secure the prospects of the undertaking’s long-term viability.
O pripombah družbe CFF
In addition, CFF expresses its scepticism regarding the plan for reducing costs, despite SNCM’s fleet becoming larger [97] and the planned reduction in staff, in particular in the light of the failure of the 2002 social plan.
Država v nasprotju s trditvami CFF meni, da je bil načrt prestrukturiranja izdelan tako, da se v najkrajšem možnem času zagotovi okrevanje družbe SNCM ter ustvarijo ustrezni pogoji za zagotovitev srednjeročne in dolgoročne sposobnosti preživetja družbe.
CFF doubts whether the new aid is limited to the minimum on account, first, of a lack of clarity as to what the social costs cover and, second, the content of the minutes of SNCM’s meeting of 28 April 2006, according to which a part of that aid would be used to cover the operating losses of the company in 2006 and 2007.
Francoski organi navajajo, da je bil pomemben del programa znižanja stroškov že izveden.
CFF also considers that the buyers of SNCM do not contribute substantially to the restructuring of the undertaking.
Število ladij se je zmanjšalo, program prodaje sredstev pa poteka v skladu z industrijskim načrtom.
In order to prevent undue distortions of competition, CFF considers it necessary to renew and specify the compensatory measures imposed on SNCM in 2003 and to add new measures relating to the reduction of SNCM’s presence in the market [98].
Povezave so bile prerazporejene, akcijski načrt za zmanjšanje vmesne potrošnje pa daje prve rezultate.
CFF considers, moreover, that a part of the measures imposed on SNCM by the 2003 decision were not complied with.
Nazadnje, postopno se izvajajo ukrepi za zaposlovanje iz industrijskega načrta.
SNCM acquired new vessels in breach of Article 2 of the Commission’s 2003 decision.
Poleg tega je družba SNCM leta 2001 določila 21,3 milijona EUR za financiranje ukrepov prestrukturiranja in zlasti načrta ohranitve delovnih mest.
In addition, SNCM did not sell its shareholding in CCM, in breach of Article 3 of the Commission decision.
Francoski organi v zvezi z določitvijo zneska pomoči potrjujejo, da je razmerje med lastnim kapitalom in dolgom v višini 0,79 dejansko značilno za bilance večine pomorskih družb, razen v izjemnih primerih.
Finally, SNCM has had an aggressive tariff policy since 2003, with prices lower than those applied by CFF in breach of Article 4 of the decision (tickets up to 30 % cheaper for identical or comparable services).
Francoski organi menijo, da je razmerje 0,497, ki ga je leta 2001 predložila družba CFF za družbo CMN, nepravilno, saj ne upošteva likvidnih sredstev v bilanci.
Regarding the nature of the second recapitalisation of EUR 8,75 million, CFF takes the view that, in addition to the concurrence of public and private investment, the private action must be significant and carried out under comparable conditions in order that the State action is validated.
Popravljeno razmerje družbe CMN je 0,557.
In the present case, those two conditions are not satisfied.
Po mnenju francoskih organov je ta raven v vsakem primeru nezadostna za družbo CMN, kar dokazujejo težave z denarnim tokom, s katerimi se je družba CMN srečala leta 2002.
First, the buyers’ shareholding, which is closely linked to the first capital increase of EUR 142,5 million, is not significant.
Družba CMN si je dejansko morala izposoditi 8 milijonov EUR od družbe STIM za financiranje gotovinskega primanjkljaja, ki ga njene banke niso krile.
Second, the buyers’ action was not carried out under conditions comparable with those of the state action, in particular by virtue of the cancellation clauses and the expected profitability of CGMF’s minority shareholding.
O pripombah družbe STIM
As regards the social measures of EUR 38,5 million, CFF disputes the classification of that amount as aid to individuals.
Francoski organi trdijo, da deleža družbe SNCM v kapitalu družbe CNM ni mogoče razlagati kot popolnoma finančna sredstva, kot naj bi trdila družba STIM.
Although it true that this amount directly benefits SNCM’s employees, CFF submits that the measure could give rise to indirect positive effects for SNCM, in particular in terms of the calming of industrial relations.
Francija zagovarja stališče, da so deleži družbe SNCM v družbi CMN strateško zelo pomembni.
As regards the negative sale price of EUR 158 million, STIM takes the view that this price is not a market price resulting from an open and non-discriminatory competitive tendering procedure because the recapitalisation took place under different conditions from those which must normally guide a private investor.
O pripombah predstavnikov regionalnih in lokalnih organov
STIM considers that the revalued net book assets would allow, in the worst-case scenario, a liquidation without costs for the State, or even yield a gain on liquidation, that the sale price is derisory compared with the value of the undertaking (estimated at EUR 350 million by STIM) and that the aid is disproportionate to the undertaking’s needs.
Čeprav se Francija na splošno strinja z vsebino dopisa predsednika regije Provence-Alpes-Côte d’Azur, vseeno navaja, da v nasprotju s trditvijo iz točke 2 navedenega dopisa [104] ponudba glede povezave med celinsko Francijo in Korziko ni „preobsežna glede na povpraševanje“ ter da je cenovna politika družbe SNCM v skladu z zavezami, ki jih je sprejela, da ne bo pobudnica cenovne vojne in narekovala cen.
STIM also draws the Commission’s attention to the exorbitant nature of the cancellation clause in respect of the sale to the private sector.
O PRIPOMBAH ZAINTERESIRANIH STRANI GLEDE ODLOČBE IZ LETA 2006
Finally, STIM disputes the justification for the negative sale price based on the assumption that liquidation would take place under socially difficult circumstances, which seems unrealistic.
O predčasni izvedbi ukrepov iz prvega načrta prestrukturiranja in njegovih sprememb
As regards the second recapitalisation of EUR 8,75 million, STIM considers that that capital contribution does not comply with the principle of the private investor in a market economy, having regard to the inadequacy of the guarantees on return on investment.
Francoski organi na splošno pripombo v zvezi s tem, da naj bi država predčasno izvedla ukrepe, ki bi jih bilo mogoče označiti za pomoč, odgovarjajo, da izvedbo upravičuje posebnost postopka, to je razveljavitev odločbe Komisije o odobritvi pomoči z dne 9. julija 2003, ki je bila opravljena leta 2005, in ne namera francoskih organov po neupoštevanju lastnih obveznosti, izhajajočih iz Pogodbe ES.
STIM challenges the argument based on the concomitance of private and public investment in order to deny that the contribution is State aid.
Francija namreč navaja, da je v skladu z načelom lojalnega sodelovanja med državami članicami in Komisijo to vedno obveščala o razvoju zadeve in o raznih ukrepih, sprejetih od januarja 2005.
Such concomitance, if established, is only a pointer and cannot be, by itself, a classification criterion [99].
Francoski organi v zvezi z navedenimi nedavnimi ukrepi menijo, da se člen 88(3) ES zanje v končni fazi ne uporablja, saj nobeden izmed njih ne pomeni pomoči, zato tudi ni obveznosti, da se njihovo izvajanje ustavi.
STIM states, finally, that that contribution is a guarantee given to the buyers by the French Government that SNCM has indeed been awarded the public service delegation to operate services to Corsica.
Francija v zvezi s postopkom prodaje trdi, da je od začetku določala standardna merila za izbiro, ki so temeljila predvsem na ceni, ponujeni za vrednost delnic družbe SNCM, in, podredno, na drugih merilih (industrijskem načrtu, podjetniškem načrtu itd.), vključno z zneskom, ki so ga bili kandidati pripravljeni vložiti v podjetje v okviru dokapitalizacije.
As regards the EUR 38,5 million of aid to individuals, STIM takes the view that this amount is in fact intended to provide SNCM with the resources to comply with certain essential aspects of the recovery plan submitted to the Commission which have not been implemented, in particular the reduction in staff.
Francija odločno izpodbija trditev tretjih strani, da postopek ponudbe za prodajo ni bil pregleden, in opozarja, da je v obravnavanem primeru država celo presegla svoje že tako stroge in omejevalne zakonske in regulativne obveznosti, določene v primeru prodaje javnih deležev.
On compatibility with the 2004 guidelines
Kot navaja, so dogodki po ponudbi podjetja BCP, da kupi 100 % delnic družbe SNCM, potekali v zelo težkih finančnih in podjetniških okoliščinah ter da pridružitev podjetja VT ponudbi podjetja BCP ni spremenila poslovnih in finančnih pogojev postopka (razen razdelitve kapitala).
STIM takes the view that the aid received by SNCM is not limited to the minimum.
Francoski organi v zvezi z negativno ceno 158 milijonov EUR ugotavljajo, da je bila družba SNCM glede na svoj finančni položaj na dan 30. septembra 2005 prodana po tržni ceni in da je bila navedena prodaja ekonomsko ugodnejša od likvidacije.
The contribution by SNCM and the buyers to the restructuring plan is insufficient, given the conditions imposed in the 2004 guidelines, and it is not demonstrated that SNCM’s situation was so exceptional that it justified a lower own contribution.
V zvezi s tem pojasnjujejo, da se uporaba merila zasebnega vlagatelja za primer prodaje podjetja blizu likvidacije ne sme šteti kot iskanje „donosnosti javnega posredovanja“, ampak kot preprečitev večjih izgub, ki bi jih utrpel delničar v primeru dražje likvidacije.
Furthermore, STIM notes the disproportionate nature of the aid granted in 2006 in so far as it enabled SNCM to set up reserves to cover future losses.
Francija v zvezi s plačano ceno izpodbija trditev, da je bila družba SNCM prodana po ceni, ki ni ustrezala njeni dejanski vrednosti.
Finally, the fact that SNCM did not plan to dispose of the assets which were not essential to the survival of the undertaking is contrary to the requirements laid down by the 2004 guidelines.
Izpodbija zlasti ocenjeno vrednost podjetja na skoraj 350 milijonov EUR, ki jo je predložila družba STIM, saj upošteva samo bilančne postavke, ki višajo vrednost na podlagi knjigovodskega lastniškega kapitala (pospešene davčne amortizacije, preostali dobiček od ladij itd.), ne da bi upoštevala obveznosti, ki zmanjšujejo vrednost.