natgillin/translations-raw huggingface dataset:
In addition, Estonian Air would be regarded as a firm in difficulty under the 2014 R&R Guidelines since its total equity in 2014 was significantly negative amounting to EUR –31,393 million.
V zvezi z dokapitalizacijo leta 2010 (ukrep 3) Komisija meni, da ni realno, da bo država izterjala svojo naložbo, zato je skupni znesek v višini 17,9 milijona EUR denarnih sredstev, ki jih je vložila država, element pomoči.
Recital 12 of the 2004 R&R Guidelines as well as recital 21 of the 2014 R&R Guidelines states that a newly created firm is not eligible for rescue or restructuring aid even if its initial financial position is unsecure.
V zvezi z ukrepom 5 Komisija meni, da zaradi finančnega položaja podjetja Estonian Air ob dodelitvi posojila za reševanje država ni imela utemeljenega razloga, na podlagi katerega bi lahko pričakovala vračilo.
A firm is in principle considered as newly created for the first three years following the start of operations in the relevant field of activity.
Ker Komisija meni, da pogoji za pomoč za reševanje iz smernic za reševanje in prestrukturiranje iz leta 2015 niso izpolnjeni, mora Estonija zagotoviti, da bo podjetje Estonian Air povrnilo posojilo za reševanje v višini 37 milijonov EUR, ki mu je bilo zagotovljeno.
Estonian Air was founded in 1991 and cannot be regarded as a newly created firm.
Če obstajajo zapadle in neplačane obresti, bi se morale vključiti v element pomoči.
In addition, Estonian Air does not belong to a business group in the sense of recital 13 of the 2004 R&R Guidelines and recital 22 of the 2014 R&R Guidelines.
Priglašena pomoč za prestrukturiranje (ukrep 6) podjetju Estonian Air še ni bila zagotovljena, zato ni treba odrediti izterjave.
The Commission therefore concludes that Estonian Air was a firm in difficulty at the time when measures 3, 4, 5 and 6 were provided and that it meets the rest of requirements of the 2004 and 2014 R&R Guidelines to be eligible for rescue and/or restructuring aid.
SKLEPNE UGOTOVITVE
Compatibility of measure 3
Komisija ugotavlja, da je Estonija nezakonito izvedla ukrepe 3, 4 in 5, pri čemer je kršila člen 108(3) Pogodbe.
The Commission first observes that the cumulative conditions for rescue aid laid down in point 25 of the 2004 R&R Guidelines are not met:
Poleg tega navedeni ukrepi niso združljivi z notranjim trgom.
measure 3 is a capital injection in the form of cash (EUR 17,9 million) and therefore does not consist of liquidity support in the form of loan guarantees or loans;
Od podjetja Estonian Air bi bilo treba izterjati nezdružljivo pomoč, kot je določeno v oddelku 8, da se ponovno vzpostavijo razmere na trgu, kakršne so bile pred dodelitvijo pomoči.
Estonia has provided no justification allowing the Commission to consider that measure 3 was provided on the grounds of serious social difficulties;
Poleg tega Komisija ugotavlja, da je priglašena pomoč za prestrukturiranje v višini 40,7 milijona EUR (ukrep 6) nezdružljiva pomoč.
Estonia did not communicate to the Commission a restructuring plan or a liquidation plan six months after the first implementation of the measure;
Zato se ukrep ne bi smel izvesti –
measure 3 was not restricted to the amount needed to keep the Estonian Air in business for the period during which the aid is authorised.
SPREJELA NASLEDNJI SKLEP:
The Commission also assessed whether the compatibility criteria for restructuring aid are met.
Člen 1
Recital 34 of the 2004 R&R Guidelines requires that the granting of the aid is conditional on implementation of a restructuring plan, which must be endorsed by the Commission in all cases of individual aid, and which must aim at restoring the long-term viability of the firm within a reasonable timescale and on the basis of realistic assumptions as to future operating conditions.
Financiranje podjetja AS Estonian Air s kapitalsko injekcijo Estonije v višini 2,48 milijona EUR februarja 2009 ni pomoč v smislu člena 107(1) Pogodbe.
Even though the 2010 business plan contained some elements of a restructuring plan under the 2004 R&R Guidelines (analysis of the market, restructuring measures, financial forecasts etc.), it cannot be considered as sufficiently robust and credible, ensuring a long-term viability of the company.
Člen 2
As explained in recitals 123 and 124, the 2010 business plan was based on overly ambitious passenger growth forecasts and its sensitivity analysis was insufficient.
Državna pomoč v višini 17,9 milijona EUR, ki jo je Estonija 10. novembra 2010 nezakonito dodelila podjetju AS Estonian Air, pri čemer je kršila člen 108(3) Pogodbe, ni združljiva z notranjim trgom.
That circumstance would in itself be sufficient to exclude the measure’s compatibility with the internal market [50].
Državna pomoč v višini 30 milijonov EUR, ki jo je Estonija 20. decembra 2011 in 6. marca 2012 nezakonito dodelila podjetju AS Estonian Air, pri čemer je kršila člen 108(3) Pogodbe, je nezdružljiva z notranjim trgom.
Moreover, the Estonian authorities have not put forward any possible measures to avoid undue distortions of competition (compensatory measures) and have not provided any contribution from Estonian Air to its own restructuring.
Državna pomoč za namene reševanja v višini 37 milijonov EUR, ki jo je Estonija v obdobju 2012–2014 nezakonito dodelila podjetju AS Estonian Air, pri čemer je kršila člen 108(3) Pogodbe, je nezdružljiva z notranjim trgom.
Those are essential elements for finding a measure compatible with the internal market as restructuring aid on the basis of the 2004 R&R Guidelines.
Člen 3
Measure 3 therefore amounts to State aid incompatible with the internal market.
Estonija od upravičenca izterja pomoč iz člena 2.
Compatibility of measure 4
Znesku, ki ga je treba vrniti, se prištejejo obresti za obdobje od datuma, ko je bila pomoč dana na voljo upravičencu, do datuma njenega dejanskega vračila.
In relation to measure 4, the same conclusions as regards measure 3, described in recitals 177 to 180, apply mutatis mutandis.
Obresti se izračunajo z obrestnoobrestnim računom v skladu s poglavjem V Uredbe Komisije (ES) št. 794/2004 [56].
In particular, the capital increase of EUR 30 million does not meet the requirements of point 15 of 2004 R&R Guidelines for a rescue aid since (a) it does not consist of liquidity support in the form of loan guarantees or loans; (b) Estonia has provided no justification allowing the Commission to consider that measure 3 was provided on the grounds of serious social difficulties; (c) Estonia did not communicate to the Commission a restructuring plan or a liquidation plan six months after the first implementation of the measure; and (d) Measure 3 was not restricted to the amount needed to keep the Estonian Air in business for the period during which the aid is authorised.
Člen 4
Further, the capital increase of EUR 30 million does not meet the compatibility conditions for restructuring aid under 2004 R&R Guidelines.
Izterjava pomoči iz člena 2 se izvede takoj in učinkovito.
The 2011 business plan cannot be considered as a credible restructuring plan since its forecasts were not realistic (see recitals 135 to 137) and it was in fact abandoned very rapidly by mid-2012 in view of the extremely negative results of the airline.
Estonija zagotovi, da se ta sklep izvede v štirih mesecih od datuma uradnega obvestila o tem sklepu.
In addition, the Estonian authorities have proposed neither appropriate own contribution by Estonian Air nor adequate compensatory measures.
Člen 5
On the contrary, the capital increase was used to expand Estonian Air’s operations and enter new routes.
Državna pomoč za namene prestrukturiranja v višini 40,7 milijona EUR, ki jo namerava Estonija odobriti za AS Estonian Air, je nezdružljiva z notranjim trgom.
In addition, the Commission observes that according to the ‘one time, last time’ principle of Section 3.3 of the 2004 R&R Guidelines, ‘where less than 10 years have elapsed since the rescue aid was granted or the restructuring period came to an end or implementation of the restructuring plan has been halted (whichever is the latest), the Commission will not allow further rescue or restructuring aid’.
Zato se državna pomoč ne dodeli.
Insofar as measure 3 (unlawful and incompatible rescue aid) was granted to Estonian Air in November 2010, granting of capital injection (measure 4) would breach the ‘one time, last time’ principle.
Člen 6
Of the possible exceptions to this principle according to point 73 of the 2004 R&R Guidelines, only exception (c) (‘exceptional and unforeseeable circumstances for which the company is not responsible’) could be applicable.
Estonija v dveh mesecih po uradnem obvestilu o tem sklepu predloži Komisiji naslednje informacije:
However, Estonia has not put forward any argument that would allow the Commission to conclude that measure 4 was provided to Estonian Air on the basis of exceptional and unforeseeable circumstances.
skupni znesek (glavnica in obresti), ki ga je treba izterjati od upravičenca;
Therefore, the Commission concludes that measure 4 also amounts to State aid incompatible with the internal market.
podroben opis že sprejetih in načrtovanih ukrepov za izpolnitev tega sklepa;
Compatibility of measure 5
dokumente, ki dokazujejo, da se je od upravičenca zahtevalo vračilo pomoči.
In the rescue aid opening decisions, the Commission stated that measure 5 fulfilled most of the criteria in Section 3.1 of the 2004 R&R Guidelines concerning rescue aid but expressed doubts on whether the ‘one time, last time’ principle was met.
Estonija redno obvešča Komisijo o napredku državnih ukrepov, sprejetih za izvajanje tega sklepa, do dokončne izterjave pomoči iz člena 2.
The Commission notes that the ‘one time, last time’ principle of the 2014 R&R Guidelines essentially corresponds to the requirements of the previous 2004 R&R Guidelines.
Estonija na zahtevo Komisije takoj predloži podatke o že sprejetih in načrtovanih ukrepih za uskladitev s tem sklepom.
Given that Estonian Air received the rescue aid in November 2010 (capital injection of EUR 17,9 million — measure 3) and in December 2011 and March 2012 (capital injections of 15 million EUR each — measure 4), the Commission concludes that the ‘one time, last time’ principle has not been observed.
Prav tako zagotovi podrobne informacije v zvezi z zneski pomoči in obrestmi vračila, ki jih je upravičenec že vrnil.
In view of the fact that measures 3 and 4 amount to incompatible and unlawful rescue aid, the Commission concludes that the ‘one time, last time’ principle as set out in recital 70 of the 2014 R&R Guidelines has also been breached in relation to measure 5.
Člen 7
Therefore, it is not necessary to examine whether other criteria of the 2014 R&R Guidelines would also have been met.
Ta sklep je naslovljen na Republiko Estonijo.
On this basis, the Commission concludes that measure 5 also amounts to rescue aid incompatible with the internal market.
V Bruslju, 6. novembra 2015
Compatibility of measure 6
Za Komisijo
As regards the planned restructuring aid of EUR 40,7 million (measure 6), the Commission’s doubts in relation to the restructuring aid opening decision have not been dispelled in the course of the formal investigation procedure.
Članica Komisije
According to point 34 of the 2004 R&R Guidelines, the grant of restructuring aid must be conditional on implementation of a restructuring plan which must be endorsed by the Commission in all cases of individual aid.
UL C 150, 29.5.2013, str.
Point 35 explains that the restructuring plan, the duration of which must be as short as possible, must restore the long-term viability of the firm within a reasonable timescale and on the basis of realistic assumptions as to future operating conditions.
3 in 14.
Pursuant to point 36 of the 2004 R&R Guidelines, the restructuring plan must describe the circumstances that led to the company’s difficulties and take account of the present state and future market prospects with best-case, worst-case and base-case scenarios.
UL C 141, 9.5.2014, str.
The restructuring plan must provide for a turnaround that will enable the company, after completing its restructuring, to cover all its costs including depreciation and financial charges.
47.
The expected return on capital must be high enough to enable the restructured firm to compete in the marketplace on its own merits (point 37 of the 2004 R&R Guidelines).
Glej opombo 1.
As indicated in the opening decision, the Commission had doubts as to whether the restructuring plan of June 2013 was sufficiently solid in order to restore the long-term viability of Estonian Air.
Ker je bila pritožba predložena 23. maja 2013, preden je Estonija 20. junija 2013 priglasila načrt prestrukturiranja za podjetje Estonian Air, je bila pritožba evidentirana pod zadevo v zvezi z reševanjem SA.35956.
Estonia has provided few additional arguments to clarify the doubts of the Commission.
Vendar se pritožba delno nanaša na namero estonskih organov, da bodo letalskega prevoznika dokapitalizirali, zato je bila ocenjena v okviru sklepa o začetku postopka za zadevo v zvezi s prestrukturiranjem SA.36868.
Indeed, the Commission reiterates that the scenarios and sensitivity analysis of the restructuring plan may lead, under certain circumstances, to additional funding needs.
Sklep o začetku postopka v zvezi s pomočjo za prestrukturiranje je Komisija popravila s Sklepom C(2014)2316 final z dne 2. aprila 2014.
The low (pessimistic) case assumes a 12 % decrease of passengers due to the assumption that GDP growth in Europe will continue to be low until 2017.
Glej opombo 2.
In this pessimistic case, Estonian Air would reach slightly positive earnings before taxes in 2017 but still have a negative net cash position.
Uredba št. 1 o določitvi jezikov, ki se uporabljajo v Evropski gospodarski skupnosti (UL 17, 6.10.1958, str.
Moreover, the sensitivity analysis shows that relatively minor changes in the assumptions would result, on a stand-alone basis, in the need for additional funding.
385/58).
This seriously questions the main aim of the plan to restore the long-term viability of Estonian Air.
Vir: letno poročilo 2013 AS Tallinna Lennujaam, upravitelja letališča v Talinu, dostopno na http://www.tallinn-airport.ee/upload/Editor/Aastaaruanded/Lennujaama aastaraamat_2013_ENG.pdf.
The fact that Estonian Air’s performance in 2013 was broadly in line with the forecasts is irrelevant for the ex ante assessment of the restructuring plan.
Vir: letno poročilo 2014 AS Tallinna Lennujaam, upravitelja letališča v Talinu, dostopno na http://www.tallinn-airport.ee/upload/Editor/Ettevote/Lennujaama%20aastaraamat_ENG_2014_23.5.15.pdf
In addition, this was no longer the case in 2014 with revenues as well as profits below the forecasts in the restructuring plan.
Vir: konsolidirano letno poročilo 2013 podjetja Estonian Air, dostopno na http://estonian-air.ee/wp-content/uploads/2014/06/ESTONIAN-AIR-ANNUAL-REPORT-2013.pdf
As regards the measures to limit undue distortions of competition (compensatory measures), the restructuring plan foresees the release of slots at three coordinated airports (London Gatwick, Helsinki and Vienna) and the discontinuation of 12 routes, which would account for 18 % of Estonian Air’s capacity before restructuring.
Vir: konsolidirano letno poročilo 2014 podjetja Estonian Air, dostopno na https://estonian-air.ee/wp-content/uploads/2014/04/Estonian-Air-Annual-Report-2014-FINAL-Webpage.pdf
In order for those routes to be counted as compensatory measures, they must be profitable because otherwise they would have been cancelled in any event for viability reasons.
Vir: letno poročilo 2013 AS Tallinna Lennujaam, glej opombo 8.
The Estonian authorities have provided profitability figures for the 12 routes cancelled based on three different indicators, namely ‘DOC contribution level’, ‘contribution margin level 1’ and ‘profitability margin’.
Vir: spletno mesto letališča v Talinu (http://www.tallinn-airport.ee/eng/)
According to Estonia’s submissions, the ‘DOC contribution level’ covers all variable costs (passenger-related, roundtrip-related and fuel costs) but not payroll, fleet, maintenance and department costs.
Vir: letno poročilo 2013 AS Tallinna Lennujaam, glej opombo 8.
The ‘contribution margin level 1’ is defined as the total revenue less the passenger-related variable costs over total revenue, while the ‘profitability margin’ includes fixed costs (fixed maintenance costs, crew costs and fleet-related costs) but not overheads.
Glej http://www.baltic-course.com/eng/transport/?doc=86191
According to the Commission’s practice in a number of restructuring aid cases in the aviation sector, routes are considered profitable if they had a positive C1 contribution margin in the year preceding their surrender [51].
Glej http://www.aviator.aero/press_releases/13003.
The C1 contribution takes account of flight, passenger and distribution costs (namely variable costs) attributable to each individual route.
Ob prodaji je bilo podjetje AS Estonian Air Regional mirujoče in ni imelo letal, zaposlenih in sredstev.
The C1 contribution is the appropriate figure since it takes into account all costs which are directly linked to the route in question.
Vir: ocena uspešnosti podjetja Estonian Air za prvo polovico leta 2012, dostopna na http://estonian-air.ee/wp-content/uploads/2014/04/ENG-1H-2012.pdf
Routes with a positive C1 contribution not only cover the variable costs of a route, but also contribute to covering the fixed costs of the company.
Glej opombo 10.
The Commission’s observes that the ‘DOC contribution level’ is largely equivalent to the C1 contribution.
Glej opombo 11.
On this basis, the Commission notes that only two routes (Venice and Kuressaare) — representing together only around 1 % of the company’s capacity in terms of ASK — would actually be profitable and could be counted as proper compensatory measures.
Poslovna skrivnost.
Estonia argues that given the increase in yields under the new strategy foreseen in the restructuring plan, these routes could have been profitable in the new network and that these routes would be beneficial to other airlines to the extent they would get the marginal return from passengers who formerly flew with Estonian Air.
Glej spletno stran Baltic Reports z dne 7. junija 2010, Government sets bailout deal for Estonian Air (Vlada je določila dogovor za reševanje podjetja Estonian Air z javnimi sredstvi), http://balticreports.com/?p=19116
However, Estonia does not provide any specific calculations as to the possible level of profitability under the new business model.
Glej tudi http://www.e24.ee/1106240/estonian-airile-makstakse-valja-kolm-miljonit-eurot/
On the contrary, the restructuring plan clearly indicates that these routes ‘cannot be operated at a profit at this point in time, nor can they contribute to the cost of the aircraft’.
Glej konsolidirano letno poročilo 2014 podjetja Estonian Air, dostopno na https://estonian-air.ee/wp-content/uploads/2014/04/Estonian-Air-Annual-Report-2014-FINAL-Webpage.pdf, in članek Estonian government approves of last loan payment to Estonian Air (Estonska vlada je odobrila zadnje izplačilo posojila podjetju Estonian Air) z dne 20. novembra 2014: http://www.baltic-course.com/eng/transport/?doc=99082
Therefore, in line with the Commission’s established case practice, 10 out of the 12 proposed routes cannot be accepted as compensatory measures.
Dobiček pred obrestmi, davki, depreciacijo in amortizacijo.
The Commission concludes that in order to outweigh the adverse effect of the restructuring aid for Estonian Air, it is not sufficient to release slots in three coordinated airports and to cancel two profitable routes representing around 1 % of the airline’s capacity.
Devizni tečaj: 1 EUR = 15,65 EEK.
The proposed own contribution of Estonian Air according to the restructuring plan consists of EUR 27,8 million from the planned sale of three aircraft in 2015; EUR 7,5 million from the sale of an office building to Tallinn Airport; EUR 2 million from the sale of other non-core assets; and EUR 0,7 million from a new loan provided by […].
Načrt prestrukturiranja ohranja naslednjih deset „ključnih“ prog: Amsterdam (AMS), Stockholm (ARN), Bruselj (BRU), København (CPH), Kijev (KBP), Sankt Peterburg (LED), Oslo (OSL), Šeremetjevo Moskva (SVO), Trondheim (TRD) in Vilna (VNO).
The main part of the own contribution (the planned sale of three aircraft) should take place in 2015 and there is no binding agreement to sell the aircraft.
Sezonski progi sta letališče Charles de Gaulle (CDG) v Parizu in letališče v Nici (NCE).
However, Estonia provided a prima facie credible valuation by a consultancy company estimating a possible sale price for the type of the aircraft concerned.
Vendar se na podlagi člankov in javnih izjav podjetja Estonian Air zdi, da zagotavlja lete in namerava tudi v prihodnosti zagotavljati lete na sezonskih progah, ki niso navedene v načrtu prestrukturiranja, in sicer München (MUC), Split (SPU) in Berlin (TXL).
Further, Estonia has indicated that the airline is now holding discussions with potential partners for a sale-and-lease-back transaction.
Zdi se tudi, da namerava Estonian Air od leta 2015 v ponudbo sezonskih prog vključiti tudi Milano (MXP).
On this basis, and bearing in mind previous airline cases, the Commission considers that the proposed own contribution reaching EUR 36,44 million — out of the total restructuring costs of EUR 78,7 million (see recital 55) or 46,3 % of the restructuring costs — is acceptable in view of the fact that Estonia is an assisted area.
ASK pomeni razpoložljivi sedežni kilometer (število preletenih sedežev, pomnoženo s številom preletenih kilometrov).
Although the own contribution appears acceptable, the Commission’s doubts on the return to long-term viability and compensatory measures have not been dispelled.
ASK je najpomembnejši kazalnik zmogljivosti letalskega prevoznika, ki se uporablja v sektorju letalskega prevoza in katerega je uporabila tudi Komisija v predhodnih zadevah v zvezi s prestrukturiranjem v sektorju letalskega prevoza.
Finally, as in case of measures 4 and 5, the Commission concludes that for the same reasons the ‘one time, last time’ principle has also been breached in relation to measure 6.
Marža stopnje kritja 1 je opredeljena kot skupni prihodki, zmanjšani za variabilne stroške, povezane s potniki, rezultat pa se nato deli s skupnimi prihodki.
Several aid measures (measures 3, 4 and 5) had been granted to Estonian Air in difficulty over the years 2010-2014.
Načrt opredeljuje prispevek DOC kot skupne prihodke, zmanjšanje za stroške, povezane s potniki, povratnimi leti in gorivom, rezultat pa se nato deli s skupnimi prihodki.
In addition, the exceptions in point 73 of the 2004 R&R Guidelines are not applicable.
Skupina Infortar je ena največjih zasebnih naložbenih skupin v Estoniji z deleži v sektorju pomorskega prometa (vključno s 36-odstotnim deležem v podjetju Tallink, veliki ladjarski družbi za prevoz potnikov in tovora, ki deluje v regiji Baltskega morja) ter sektorjih nepremičnin in finančnih storitev itd. Leta 2013 je skupina Infortar ustvarila čisti dobiček v višini 20 milijonov EUR in imela v lasti sredstva v vrednosti 432 milijonov EUR.
Given the non-acceptability of the modified restructuring plan of 31 October 2014, the restructuring aid cannot be considered as following the rescue aid as part of a single restructuring operation (condition (a) of point 73).
UL C 244, 1.10.2004, str.
In addition, the Estonian authorities have not put forward any exceptional or unforeseeable circumstances under condition (c) of point 73.
2.
Therefore, the restructuring aid (measure 6) foreseen in the restructuring plan of June 2013 does not fulfil the criteria of the 2004 R&R Guidelines and amounts to incompatible State aid.
Kazalnik mobilnosti je število potnikov v letalskem prevozu, deljeno s prebivalstvom države.
RECOVERY
Sodba z dne 12. decembra 1996, Air France proti Komisiji, T-358/94, Recueil, EU:T:1996:194, točki 148 in 149.
According to the Treaty and the Court of Justice’s established case law, the Commission is competent to decide that the Member State concerned must abolish or alter aid [52] when it has found that it is incompatible with the internal market.
Smernice o uporabi členov 92 in 93 Pogodbe ES in člena 61 Sporazuma EGP za državno pomoč v letalskem sektorju (UL C 350, 10.12.1994, str.