natgillin/translations-raw huggingface dataset:
In this context, the Commission considers that a market economy creditor would not commit to fund unpaid loans of a firm in severe difficulty or to subordinate materialised claims against a firm in severe difficulty, since such measure would amount to the actual loss of the claims.
Komisija ugotavlja, da nekateri upravičenci do pomoči v času sprejetja tega sklepa ne obstajajo več (EWN, MAN, TTI, Camp4Fun in MIB).
On this basis, the Commission finds that the letter of comfort, which included the above commitment for the funding of unpaid loans and subordination of subsequent claims, constitutes an advantage.
Pri teh podjetjih obstaja gospodarska kontinuiteta med navedenimi podjetji kot upravičenci do pomoči in njihovim preostalim delničarjem, tj. NG.
The Commission also considers that the letter of comfort constitutes a measure additional to the loans of 2008-2011 (see recital 182 above), since:
Ker je podjetje NG edini preostali delničar teh upravičencev do pomoči, je odgovoren za njihove dolgove, vključno z dolgovi, ki izhajajo iz državne pomoči.
it was not granted at the same moment with those loans;
Podjetje NG je v likvidacijskem postopku, zato je treba zagotoviti, da se obveznosti v zvezi z vračilom pomoči ustrezno vpišejo na seznam terjatev do podjetja NG in da dejavnosti podjetja NG dokončno prenehajo.
it was not foreseen or imposed by the underlying loans' contracts;
Zagotoviti bi bilo treba tudi, da po izbrisu podjetja NG noben gospodarski subjekt ne bo imel koristi od nezdružljive pomoči.
and (c) it was discretionally decided by NG in order to avoid the insolvency of CST.
Zato Komisija ugotavlja, da mora podjetje NG kot gospodarski naslednik upravičencev vrniti državno pomoč, ki jim je bila dodeljena.
As regards the amount of the measure, it is equal to the total amount of loans funded by NG on the basis of the comfort letter of 23 December 2009, however the Commission is not in possession of the relevant amount.
Ker je podjetje NG dajalec pomoči in gospodarski naslednik upravičencev do pomoči, mora vračilo v teh okoliščinah izvesti država.
Finally, as regards the subordination of claims, the Commission notes that it was agreed between NG and CST on 13 December 2010 and contractually referred to the loans granted until 30 November 2010 totalling EUR 10,4 million (i.e. the 13 first loans of Table 6 above, out of the total 15).
Podjetje MIB ni bilo likvidirano, ampak se je 6. septembra 2013 združilo s podjetjem NAG, zato ne obstaja več kot pravna oseba.
The Commission further notes that the subordination in question resulted in the ranking of NG's claims against CST in the last position of all creditors' claims against CST.
Podjetje NAG je torej gospodarski naslednik podjetja MIB na podlagi prvega odstavka člena 2 nemškega zakona o preoblikovanju („Umwandlungsgesetz“), kot je navedeno v nemškem registru podjetij.
In this context, the Commission considers that a market economy creditor would not accept such a subordination of materialised claims against a firm in severe difficulty, since such measure would amount to the actual loss of the claims.
Zato mora podjetje NAG kot gospodarski naslednik podjetja MIB vrniti pomoč.
On this basis, the Commission finds that the subordination constitutes an advantage.
Takrat je podjetje prenehalo delovati.
The Commission also considers that the subordination of 2010 constitutes a measure additional to the underlying loans, since:
Po navedbah Nemčije ni bilo pravnega nasledstva v smislu gospodarske kontinuitete, saj je bil denar razdeljen med delničarje, gospodarska dejavnost je prenehala, prenos poslovanja ali prevzem obveznosti s strani delničarjev pa ni bil izveden.
it was not decided at the same moment with those loans;
Nemčija je navedla tudi, da sredstva podjetja TTI niso bila prodana v razpisnem postopku, saj so ta sredstva 12. marca 2004, ko se je začela likvidacija TTI, vključevala samo sredstva na računu v višini 19777,39 EUR, zahtevke za vračilo davka v višini 1222,01 EUR in obresti z bančnega računa v višini 30,69 EUR.
As regards the amount of the measure, it is equal to the total amount of the subordinated loans, i.e. EUR 10,4 million.
Ker je bilo podjetje TTI likvidirano, kot je navedeno zgoraj, ni imelo gospodarskega naslednika, zlasti ker se gospodarska dejavnost po likvidaciji ni nadaljevala, delničarji pa niso prejeli sredstev ali operativnih elementov podjetja TTI, ampak samo zelo omejen znesek denarja.
Concerning the consideration paid by NG to IPC (measure 6), the Commission notes that the Land's Court of Auditors found that a prudent entrepreneur would not choose those particular companies for the provision of services, and that NG did not check with the necessary prudence the previous work of those companies, in order to assess their appropriateness and to examine whether the conditions for the financing of the Nürburgring 2009 project offered by them were realistic [160].
Glede na to, da se poslovanje podjetja TTI ni preneslo na drug subjekt, Komisija meni, da se državna pomoč, ki izhaja iz obravnavanega ukrepa, ni prenesla na nikogar drugega.
In this context, the Commission considers that the choice of IPC for the provision of those particular services conferred an advantage to those companies.
V takem primeru je bilo podjetje že povsem likvidirano, vračilo pa postane brezpredmetno, saj upravičenec do pomoči ne obstaja več in nima gospodarskega naslednika.
Thus, the measure constitutes State aid to IPC, in the amount of the total payment to those companies, i.e. EUR 640000.
PRESOJA GOSPODARSKE KONTINUITETE MED INSOLVENTNIMI PODJETJI IN KUPCEM SREDSTEV
In addition, as regards the EUR 3 million loan granted by NG to PNG and the EUR 2941000 loan granted by PNG to MSR, the Commission considers that the two loans constitute one measure, where PNG was only an intermediary, who received a fee of EUR […].
OBSTOJ DRŽAVNE POMOČI V KORIST KUPCA SREDSTEV
The beneficiary of the measure was MSR, who ultimately received the loan, at the time when it was in such a financial difficulty that it would not be able to find any financing in the market.
Če Komisija sprejme negativen sklep glede vračila nezdružljive pomoči, ki jo je prejelo podjetje, na podlagi členov 107 in 108 PDEU, mora zadevna država članica izterjati nezdružljivo pomoč.
Therefore, the advantage granted by NG to MSR through the loan of 15 October 2008 is equal to EUR 2941000.
Obveznost vračila se lahko razširi na novo podjetje, na katero je zadevno podjetje preneslo del svojih sredstev ali mu jih prodalo, če se na podlagi strukture navedenega prenosa ali prodaje ugotovi, da obstaja gospodarska kontinuiteta med navedenima podjetjema.
Under measure 7, MIB ceded to NG its claims against CST, who was the borrower of the loans concerned, and NG paid a nominal price plus interest to MIB.
Kupec bi prejel državno pomoč tudi, če bi se sredstva prodala po ceni, nižji od njihove tržne vrednosti (tudi če ne bi bilo gospodarske kontinuitete).
As CST was in difficulty (see recital 184), the Commission notes that it is not probable that MIB would receive its claims against CST.
Da bi Komisija ugotovila, ali obstaja državna pomoč v korist kupca(-ev) sredstev, mora potrditi a) da so bila sredstva prodana po tržni ceni in b) da so izpolnjena druga merila, obravnavana v nadaljevanju.
On this basis, this measure benefitted MIB who received its claims and was replaced by NG who became the creditor of a firm in difficulty.
Glede na sodbo Sodišča v zadevi Italija in SIM 2 proti Komisiji [173], na kateri temeljijo odločbe Komisije v zadevah Olympic Airlines, Alitalia in SERNAM [174], se gospodarska kontinuiteta med „starim“ subjektom in novimi strukturami ugotovi na podlagi sklopa kazalcev.
In the absence of a viability plan of CST, which would demonstrate its return to viability and therefore its prospects for repaying its debts, this measure does not comply with the market economy investor principle.
Upoštevajo se lahko naslednji dejavniki:
Therefore, the cession by MIB to NG of claims amounting to EUR 1476830,88 involves aid equal to the amount of the sales price EUR 1476830,88.
obseg prodanih sredstev (sredstva in obveznosti, kontinuiteta delovne sile, sredstva v paketu), prodajna cena, identiteta kupca(-ev), čas prodaje (po začetku predhodne ocene, formalnem postopku preiskave ali končnem sklepu) in ekonomski razlogi za transakcijo.
As regards measure 8 (loan of EUR 325265000 granted by ISB to NG, MSR and CMHN), without a related guarantee (measure 9), the provision of a loan to companies in such difficulties that no private investor would have financed them at any rate could involve an advantage to the companies, which would be equal to the amount of the loans.
Ta sklop kazalcev je potrdilo Splošno sodišče v svoji sodbi z dne 28. marca 2012 v zadevi Ryanair proti Komisiji [175], s katero je bila potrjena odločba v zvezi z družbo Alitalia.
In this particular case, however, the aid consists only in the guarantee (measure 9) and not in the loan (measure 8), as the Commission cannot exclude that a private creditor could grant to NG, MSR and CMHN loans under comparable terms because of the guarantee provided by the Land (measure 9).
Obseg prodanih sredstev
Regarding measure 9, i.e. the guarantee for the ISB loan of EUR 325265000 (measure 8), the measure in question was not conform with the market economy investor principle.
Komisija ugotavlja, da sredstva, ki jih je prevzelo podjetje Capricorn, zajemajo vsa sredstva insolventnih podjetij NG, MSR in CMHN ter so povezana z glavnimi dejavnostmi teh podjetij.
Indeed, policy of regional development is pursued by public authorities, whereas market economy investors would not undertake relevant measures in favour of firms in difficulty, to the substantial detriment of their own financial interests.
Vendar Komisija ugotavlja, da so bila sredstva podjetij NG, MSR in CMHN v okviru razpisnega postopka razdeljena na 11 posameznih skupin sredstev, vsi ponudniki pa so imeli možnost, da predložijo ponudbo za posamezna sredstva ali za eno, več ali vse skupine sredstev (glej točko 2.5).
In addition, the Commission notes that policy of regional development does not aim at bringing firms in difficulty back to viability.
Te skupine so bile oblikovane ob upoštevanju pričakovane gospodarske uporabe sredstev, pričakovanih interesov vlagateljev in stroškov ločitve sredstev.
Moreover, the Commission considers that the conditions that would rule out the existence of State aid, as described in the Commission Notice on the application of Articles 87 and 88 of the EC Treaty to State aid in the form of guarantees [161] (‘Guarantee Notice’), are not fulfilled.
Poleg tega stečajna upravitelja nista določila nobenih pogojev glede prihodnje uporabe sredstev.
Indeed, the beneficiaries were firms in difficulty, the guarantee covered 100 % of the loan and there was no guarantee premium for the State reflecting the risk of default for the guaranteed loan.
Komisija ugotavlja, da je odločitev, da se vsa sredstva prodajo enemu podjetju, sprejel trg, tj. gospodarski subjekti, ki so oddali ponudbe za nakup sredstev, in ne stečajna upravitelja ali Nemčija.
Given the severe financial difficulties of the beneficiaries (NG, MSR and CMHN) at the time of the granting of the guarantee in question (see Tables 11-13), the Commission considers that no market creditor would have provided the beneficiaries with a guarantee under those conditions.
Dejansko so imeli vsi ponudniki možnost, da predložijo ponudbo za eno od 11 posameznih skupin sredstev, za vsa sredstva ali za posamezna sredstva.
The Commission does not have any information indicating that the guarantee has been triggered.
Zaradi tržnih razlogov vrednost ponudb za posamezna sredstva ali skupine sredstev ni dosegla vrednosti najvišje ponudbe za vsa sredstva.
On this basis, the Commission considers that measure 9 qualifies as State aid.
Zdi se, da je to posledica gospodarske soodvisnosti različnih skupin sredstev:
The aid amounts granted by the guarantee to NG, MSR and CMHN by the Land are equal to the amounts of the respective loans (measure 8), i.e. EUR 96574200 and EUR 113590800 to NG, EUR 92000000 to MSR and of EUR 23100000 to CMHN.
brez dirkališča hoteli ne bi uspešno poslovali, brez hotelov pa bi bila otežena donosna uporaba dirkališča za profesionalne dirke, rock koncerte in druge dejavnosti, ki privabljajo ljudi z velikega območja.
As regards measure 10 (the business lease of the Nürburgring complex to NAG), the Commission notes that a tender procedure can in general rule out an advantage granted to a lessee.
Razen zahtev ustrezne nacionalne zakonodaje razpisna dokumentacija ali prodajna pogodba ne vsebujeta nobene posebne obveznosti v zvezi z zaposlenimi, npr. jamstva glede zaposlovanja, v skladu s katero bi se pogodbe o zaposlitvi prenesle na novega lastnika.
However, in the present case, no tender procedure was organised for the selection of the operator of the upgraded complex.
V skladu z nemško zakonodajo se zaposleni samodejno prenesejo na kupca sredstev.
The EBITDA rent is even higher than the maximum annual market-conform rent identified in that expert opinion, apart from the second year of the lease.
Zato se lahko kupec načeloma sam odloči, katerim zaposlenim bo ponudil novo zaposlitev.
The Commission therefore notes that the expert opinion of 29 September 2011 demonstrates that the minimum rent of EUR 15 million as from 1 May 2013 could have been market-conform, since it was within the range representing market-level rents, and therefore would have not involve a selective advantage to NG.
V obravnavanem primeru je podjetje Capricorn ocenilo svoje potrebe, da bi zagotovilo gospodarsko uspešno upravljanje pridobljenih sredstev in uspešno poslovanje, ter se odločilo, da 1. januarja 2015 (ko bo podjetje začelo upravljati pridobljena sredstva) ne bo sprejelo vseh zaposlenih, ki so jih zaposlovali prodajalci, ampak samo 85 %, tj. 253 od 297 zaposlenih.
Table 16
V zvezi s tem bo poiskalo tudi nove pogodbene partnerje.
Minimum rent for the lease of the Nürburgring
Podjetje Capricorn namerava organizirati veliko dogodkov, namesto da bi dalo dirkališče v najem zunanjim organizatorjem.
EUR 1,6 million
Prodajna cena
EUR 12 million
Zaradi preprečitve gospodarske kontinuitete je treba sredstva v okviru razpisnega postopka prodati po tržni ceni.
EUR 12,3 million
Tržna cena je cena, za katero bi se lahko dogovoril zasebni vlagatelj, ki deluje pod tržnimi pogoji [177].
lease contract
Nemčija je sredstva prodala na podlagi odprtega, preglednega, nediskriminatornega in brezpogojnega razpisnega postopka, pogodba pa je bila sklenjena s ponudnikom, ki je predložil najvišjo ponudbo z varnim financiranjem.
EUR 0
Poziv k prijavi interesa za sredstva Nürburgringa ni vključeval nobenih omejitev glede strani, ki lahko predložijo ponudbe, zato je lahko kateri koli subjekt oddal ponudbo v razpisnem postopku.
EUR 5 million
Kar zadeva načelo preglednosti, so prodajalci vsem ponudnikom dali na voljo dovolj časa ter vse potrebne in podrobne informacije, da so lahko ustrezno ovrednotili sredstva.
EUR 11,5 million
Glede na pismo podjetja KPMG z naslovom „Project RING – procedures for the submission of a final offer“ (Projekt RING – postopki za oddajo končne ponudbe), ki je bilo 17. oktobra 2013 poslano zainteresiranim vlagateljem, naj bi se ponudnikom, ki bodo predložili dokaz o varnem financiranju kupnine iz njihovih okvirnih ponudb, omogočil neomejen dostop do elektronske podatkovne sobe, udeležili naj bi se lahko sestanka z vodstvom podjetja NBG in dobili priložnost, da sodelujejo v strukturiranem postopku postavljanja vprašanj in dajanja odgovorov.
In view of the above, the Commission considers that the annual rent applied in the period from 1 May 2010 to 31 October 2012 involved a selective advantage to NAG, equal to the difference between: (a) the rent which should have been charged, in view of the expert opinion;
Na drugi strani bi ponudniki, ki ne bodo predložili navedenih zagotovil in dokazov o potrebnem financiranju, dobili samo omejen dostop do elektronske podatkovne sobe in finančnih informativnih dokumentov prodajalcev, lahko bi se srečali s člani skupine, ki je pripravila te informativne dokumente, se udeležili obiska na kraju samem in sodelovali v predhodnih razpravah o osnutku pogodbe o nakupu sredstev.
and (b) the rent which was set in the lease contract.
Poleg tega so prodajalci (KPMG) v celotnem postopku stalno komunicirali s ponudniki, ki so se uvrstili v ustrezno fazo razpisnega postopka, da bi tem ponudnikom zagotovili vse ustrezne informacije in pojasnila, pri čemer so bila v obdobju od julija 2013 do aprila 2014 izmenjana navadna in elektronska pisma.
The Commission concludes that there is aid of an amount of EUR 9 million, i.e. the difference between points (a) and (b) above (for the third year only half of that difference is calculated, as the lease terminated on 31 October 2012, i.e. in the middle of the third year) [162].
V okviru te komunikacije so bili navedenim ponudnikom zagotovljeni odgovori na vprašanja ali obtožbe in vse informacije v zvezi z naslednjimi fazami razpisnega postopka.
As regards measure 11 (loans granted by RIM to MSR through Mediinvest and in case of one loan also through PNG as intermediaries), by which part II of the ‘Nürburgring 2009’ project was financed, Germany itself states that it was not possible to find private investors financing for Part II of the project.
Podjetje KPGM je v tem okviru ponudnikom poslalo na primer naslednja navadna in elektronska pisma:
In addition, the opinion of the Land's Court of Auditors implied that the potential investors did not see the project as viable under market terms.
pismo z dne 19. julija 2013, v katerem so bili ponudniki obveščeni o postopkih za oddajo okvirne ponudbe;
Indeed, several private operators of leisure parks rejected their engagement in the project.
pismo z dne 12. septembra 2013, v katerem so bili ponudniki obveščeni o podaljšanju roka za oddajo okvirnih ponudb;
Without a related guarantee (measure 12), the provision of a loan to companies in such difficulties that no private investor would have financed them at any rate could involve an advantage to the companies, which would be equal to the amount of the loans.
elektronsko pismo z dne 19. septembra 2013, s katerim so bile enemu od ponudnikov (ADAC) zagotovljene posodobljene informacije o finančni uspešnosti kompleksa Nürburgring;
In this particular case, however, the aid consists only in the guarantee (measure 12) and not in the loans (measure 11), as the Commission cannot exclude that a private creditor could grant to MSR loans under comparable terms because of the guarantee provided by the Land (measure 12).
pismo z dne 17. oktobra 2013, v katerem je bil eden od ponudnikov ([tretji ponudnik]) obveščen o postopkih za oddajo končne ponudbe;
The Commission notes that Mediinvest and PNG were not the actual receivers of the aid but only provided their services as intermediaries, in order for the loans of RIM to reach MSR.
elektronsko pismo z dne 28. oktobra 2013, v katerem je bil eden od ponudnikov ([drugi ponudnik]) obveščen o vnaprej določenih datumih sestankov z deležniki;
In addition, the Commission cannot conclude in view of the data included in recitals 32-34 and Table 14 above that Mediinvest and PNG charged market non-conform interest rates for their services, or that the difference of interest rates that they received (at most 4,3 % for Mediinvest, 0 % for PNG) went beyond market levels.
pismo z dne 11. decembra 2013, s katerim so bila enemu od ponudnikov ([tretji ponudnik]) zagotovljena izčrpna in jasna pojasnila glede pomislekov in obtožb, ki jih je zadevni ponudnik navedel v pismu z dne 9. decembra 2013 (dva dni prej);
On the basis of the above, the Commission considers that Mediinvest and PNG were not beneficiaries of measure 11.
pismo z dne 18. decembra 2013, s katerim so bila enemu od ponudnikov ([tretji ponudnik]) zagotovljena izčrpna in jasna pojasnila glede pomislekov in obtožb, ki jih je zadevni ponudnik navedel v pismu z dne 11. decembra 2013 (sedem dni prej);
Moreover, at the time of the loans, MSR was in a very bad financial situation.
Kot je razvidno tudi iz uvodne izjave 235, so vsi ponudniki prejeli informacije in pojasnila o izbirnih merilih, pravilih in postopkih razpisa, rokih za oddajo okvirnih in končnih ponudb, podaljšanju teh rokov, finančnem položaju kompleksa Nürburgring in manjkajočih elementih okvirnih ali končnih ponudb ponudnikov ter odgovore na morebitna vprašanja ponudnikov.
No private investor would have provided a guarantee to a company in such a bad financial situation.
Hkrati ponudniki, ki so izpolnili izbirna merila razpisnega postopka, zlasti glede predložitve potrdila o financiranju njihovih ponudb s strani tretjih finančnih partnerjev, niso bili izključeni iz pogajanj.
On this basis, the Commission considers that measure 12 qualifies as State aid.
Komisija ugotavlja tudi, da noben ponudnik ni bil deležen ekskluzivnih pogajanj, saj so se pogajanja razumno dolgo nadaljevala tudi s ponudniki, ki končnim ponudbam niso priložili navedenega potrdila o financiranju in so imeli tako možnost, da naknadno predložijo tako potrdilo.
The aid amount granted by the guarantee to MSR by the Land is equal to the amount of the loans concerned (measure 11), i.e. EUR 85484000.
Nemčija je pojasnila, da je bila ta klavzula posledica nepripravljenosti ponudnikov prevzeti tveganje, da bodo morda odgovorni za vračilo državne pomoči, ter da so prodajalci sprejeli navedeno klavzulo, da bi lahko prodali sredstva, in da so ponudnikom že na začetku razpisnega postopka povedali, da so pripravljeni razpravljati z njimi o posledicah postopka v zvezi z državno pomočjo [178].
As regards measure 13 (grants from gaming tax for tourism promotion granted by the Land to NG), the Commission considers that tourism policy is an objective pursued by public authorities, whereas market economy investors would not undertake relevant measures in favour of firms in difficulty, to the substantial detriment of their own financial interests.
Poleg tega je Nemčija navedla, da je sklep Komisije o državni pomoči za Nürburgring pogoj v dopolnjenih pogodbah o nakupu sredstev, ki so jih predložili podjetje Capricorn, [drugi ponudnik] in [tretji ponudnik].
In addition, the Commission notes that tourism policy does not aim at bringing firms in difficulty back to viability.
Razen omejitev, ki izhajajo iz pravnega okvirja, niso bili ponudnikom naloženi nobeni pogoji, kot je jasno razvidno iz poziva k prijavi interesa in različnih pisem, ki jih je podjetje KPMG poslalo ponudnikom.
Thus, taking into account NG's bad financial situation, the Commission considers the whole amount of the measures at hand to constitute an advantage to NG.
Iz navedenega izhaja, da ta izbirni postopek kot tak zadostuje za zagotovitev, da cena sredstev, prodanih kupcu, ustreza tržni ceni.
In sum, the tax proceeds amounting to EUR 1,6 million in 2009 and EUR 3,2 million per year in 2010 and 2011 transferred from the Land to NG constitute aid in favour of NG.
Zato Komisija ugotavlja, da cena, po kateri so bila sredstva prodana ponudniku, ki je predložil najvišjo ponudbo in jamstvo o financiranju, prek odprtega, preglednega, nediskriminatornega in brezpogojnega razpisnega postopka, ustreza tržni ceni.
As regards measure 14 (loans by the Land to NG and debt subordination), the explanations given for measure 13 regarding tourism policy also apply.
Identiteta kupca
In addition, the provision of a loan to companies in such difficulties that no private investor would have financed them at any rate involves an advantage to the companies, which is equal to the amount of the loan.
Komisija se mora prepričati, da med novim lastnikom sredstev ter podjetji NG, MSR in CMHN ne bo nobenih povezav, da se izključi odgovornost novega lastnika za vračilo nezdružljive državne pomoči.
Therefore, the loans of EUR 20 million on 21 August 2007, EUR 10 million on 22 December 2009, EUR 4,65 million on 28 December 2010 and EUR 3,2 million on 26 April 2011 and a further loan of EUR 4,95 million on 9 December 2011 granted to NG by the Land involve aid, which is equal to the amount of the loans.
Med podjetjem Capricorn ter podjetji NG, MSR in CMHN, njihovimi delničarji ali prejšnjimi najemniki Nürburgringa ni povezav po pravu družb ali osebnih neposrednih ali posrednih povezav.