natgillin/translations-raw huggingface dataset:
It appeared that the Province had initiated the project in the public interest, and then designed it as a joint venture with the incumbent Telecom Italia, and had attempted to render the project compliant with the market economy investor principle only ex post, making changes, inter alia, following discussions with the Commission, while keeping the structure of the initiative unaltered.
Poleg tega je bilo nekaj negotovosti glede skupnih finančnih sredstev, potrebnih za izvedbo postavitve omrežja, pri čemer so bila ta sredstva določena na 150 milijonov EUR,
The participation of private parties.
druga vprašanja: izbor operaterja Telecom Italia brez javnega razpisa in nadomestilo zanj kot izvajalcu storitev za podjetje Trentino NGN ter njegova dvojna vloga delničarja in izvajalca storitev.
The participation of McLink and Finanziaria Trentina was negligible, while Telecom Italia's was significant, but spread over time.
ODLOČITEV POKRAJINE O UMIKU IZ PROJEKTA
Same terms and conditions.
Po njihovih navedbah je nadzor nad podjetjem Trentino NGN prevzel Telecom Italia, medtem ko sta Finanziaria Trentina in MC-link še naprej manjšinska delničarja.
It was not clear that the terms and conditions on which the Province was investing in the joint venture were the same as those of the private partners, and more specifically Telecom Italia.
Italijanski organi so pojasnili, da so 20. avgusta 2012 (po sklepu o začetku postopka) pokrajina in druge strani v podjetju Trentino NGN, čeprav je bilo slednje že ustanovljeno in so bili 18. maja 2012 izvedeni delni kapitalski vložki, spremenile delničarski sporazum, pri čemer so bile vse dejavnosti podjetja Trentino NGN začasno ustavljene do zaključka tekoče formalne preiskave Komisije.
The Commission noted several discrepancies regarding the timing and conditionality of Telecom Italia's contributions, and the possibility for Telecom Italia to acquire the Province's shares and gain full control of Trentino NGN via the call option.
Tako je bilo za vse zadevne strani začasno ustavljeno celotno plačilo prispevkov (izvedla so se le delna plačila).
Telecom Italia's initial contribution [8].
Prav tako so bili začasno ustavljeni tudi vsi drugi nadaljnji koraki iz delničarskega sporazuma.
The value of Telecom Italia's initial contribution appeared to be calculated on the basis of documents, assumptions, forecasts and financial analyses made by the parties which had not been verified by an independent expert.
Podjetje Trentino NGN nikoli ni začelo postavljati načrtovanega omrežja FTTH (ali katerega koli drugega omrežja).
It was doubtful whether a private investor would be prepared to accept a significant equity participation in a joint venture in return for access to a regulated asset which could be obtained by contractual means at regulated prices.
Dejavnosti podjetja Trentino NGN so bile omejene izključno na zagotavljanje dostopa tretjim stranem do neodtujljivih pravic uporabe infrastrukture, da bi se izpolnile regulativne obveznosti.
It was not clear that a market economy investor would accept that a lease of infrastructure, to be acquired outright at a later date, was adequate participation in the equity.
V zvezi s tem zadnjim vidikom so italijanski organi pojasnili, da so po tem, ko je Telecom Italia, ki je imel do drugih licenciranih operaterjev še vedno regulativne obveznosti zagotavljanja dostopa, maja 2012 prenesel pravice uporabe pasivne infrastrukture na podjetje Trentino NGN, nekateri operaterji zahtevali dostop do navedene pasivne infrastrukture, ki jim je bil tudi odobren.
The Commission doubted whether a market economy investor would acquire infrastructure that was not necessary, since the indefeasible rights of use would apply to Telecom Italia's ducts and poles throughout the Province and not just in the areas in which Trentino NGN was to deploy its network.
Posledično je Telecom Italia izvedel več plačil podjetju Trentino NGN kot nadomestilo za odkup dostopa do pasivne infrastrukture od zadevnega podjetja, da bi lahko izpolnil zahteve drugih licenciranih operaterjev po dostopu.
Telecom Italia's second contribution [9].
Ta plačila so znašala manj kot 15000 EUR in so zajemala vse prihodke, ki jih je podjetje Trentino NGN ustvarilo od ustanovitve.
There were doubts regarding the future valuation of Telecom Italia's second contribution, which at the time was based on a negotiated methodology, without an expert opinion.
Italijanski organi so navedli tudi, da pokrajina ni in niti ne bo plačala kazni za umik iz podjetja Trentino NGN.
It was not clear that the preliminary valuation of the conversion to ownership of the indefeasible rights of use was in line with market terms, and in particular that there was no overlap between the valuation of the initial contribution (a lease) and the second one (ownership), given that, for the most part, the rights conferred covered the same infrastructure.
Delničarski sporazum z dne 16. decembra 2011 in poznejše spremembe so vključevali določbe glede prenehanja sodelovanja, ki so pokrajini omogočile umik iz podjetja Trentino NGN brez kazni, čeprav projekt ni bil niti delno izveden.
The Commission had doubts about the appropriateness of the methodology for the evaluation of the transfer of ownership of all the components of the copper network [10], given its high maintenance costs, given that the main objective was to switch it off once the fibre network had become operational, and given the potential alternatives to the methodology proposed.
OCENA
The business plan and the parties' levels of risk.
Čeprav je Italija sprejela nekatere pripravljalne ukrepe za izvedbo projekta Trentino NGN, zlasti prek različnih sporazumov in aktov, ki so privedli k ustanovitvi skupnega podjetja, ter navedenega delnega denarnega vložka pokrajine (ter delnih denarnih vložkov drugih strani in prispevka v naravi operaterja Telecom Italia), projekt ni napredoval.
There were significant differences between the risk profiles of the public authority and the private investors, given the different nature and timing of their contributions, the different rights and obligations of the parties — prima facie low risks for Telecom Italia, low opportunity costs for Telecom Italia, low risks to existing business as Telecom Italia would retain control over the copper network even after contributing it to the joint venture by simultaneously acquiring control of the joint venture, and acquisition of full control and internalisation of profits through exercise of the call option if the joint venture were to prove profitable; whereas the Province seemed to be acting as a financial investor in an infrastructure upgrade project, expecting at most a return of 7,75 % and EUR 6,5 million if the call option was exercised [11].
Po navedbah italijanskih organov je pokrajina 28. februarja 2014 izterjala svoj delni denarni vložek, povečan za 3,75-odstotne obrestne obresti.
The calculations in the business plan might not have been entirely accurate, owing to optimistic assumptions regarding actual demand by end-users and revenues from alternative operators activating all the GPON lines available [12].
Italijanski organi so pojasnili, da so bile 3,75-odstotne obrestne obresti rezultat dogovorjene poravnave med stranmi, pri čemer predstavljajo približno dvojno obrestno mero za dve- do triletne italijanske državne obveznice in so podobne obrestni meri za desetletne obveznice.
There were other similar risks: Telecom Italia might decide to postpone the switch-off of the legacy copper network, in the absence of any contractual provision obliging it to do so, and this might delay the breakeven point for Trentino NGN.
Delni denarni vložek pokrajine v podjetje Trentino NGN je vključeval prenos državnih sredstev.
There was incertitude regarding the total financial resources necessary to complete the network rollout, quantified at EUR 150 million.
Ker pa je bila 20. avgusta 2012 izvedba projekta Trentino NGN začasno ustavljena ter se je 28. februarja 2014 pokrajina dejansko umaknila iz projekta in v celoti izterjala svoj začetni vložek, povečan za razumne obresti, je Komisija na podlagi razpoložljivih informacij pripravljena priznati, da ta delni vložek ni zagotovil gospodarske prednosti podjetju Trentino NGN ali njegovim delničarjem.
Other concerns.
Minimalne dejavnosti podjetja Trentino NGN, tj. transakcije v zvezi s prodajo pravic uporabe (glej uvodno izjavo 19), so bile izvedene za izpolnitev regulativnih obveznosti, ki jih Telecom Italia še vedno ima, pri čemer se zdi, da te dejavnosti niso zagotovile gospodarske prednosti podjetju Trentino NGN ali njegovim delničarjem, vključno z operaterjem Telecom Italia.
The choice of Telecom Italia without public tender, and its remuneration as a provider of services to Trentino NGN; Telecom Italia's dual position as shareholder and supplier.
Glede na te okoliščine zadevne transakcije ne izpodbijajo navedene ocene.
THE PROVINCE'S DECISION TO WITHDRAW FROM THE PROJECT
V skladu s tem Komisija priznava, da projekt Trentino NGN nikoli ni bil izveden, kar pomeni, da je sedanja preiskava po umiku pokrajine iz projekta postala brezpredmetna.
On 31 January 2014 the Italian authorities informed the Commission that the Province had decided to withdraw from the Trentino NGN project and not to pursue it, in agreement with all the other parties: Telecom Italia, McLink and Finanziaria Trentina.
ZAKLJUČEK
According to the Italian authorities, Trentino NGN was now controlled by Telecom Italia, while Finanziaria Trentina and McLink remained as minority shareholders.
SPREJELA NASLEDNJI SKLEP:
The Italian authorities explained that, although Trentino NGN was set up and partial contributions to its capital were made on 18 May 2012, on 20 August 2012 (after the opening decision) the Province and other parties to Trentino NGN modified the shareholders' agreement, and all the activities of NGN were suspended pending the conclusion of the Commission's ongoing formal investigation.
Člen 1
Thus, the full payment of the contributions was suspended (only partial payments were made) for all the parties concerned.
Po umiku italijanskih organov iz projekta Trentino NGN je sedanji postopek postal brezpredmeten.
All the other subsequent steps called for in the shareholders' agreement were also suspended.
Komisija je zato sklenila, da zaključi postopek, ki ga je začela v skladu s členom 108(2) Pogodbe.
Trentino NGN never started to roll out its planned fibre-to-the-home network (or any other network).
Člen 2
The activities of Trentino NGN were restricted exclusively to providing access to third parties to the indefeasible rights of use of infrastructure in order to comply with regulatory obligations.
Ta sklep je naslovljen na Italijansko republiko.
In relation to this last aspect, the Italian authorities explained that because Telecom Italia remained subject to regulatory access obligations towards other licensed operators, after Telecom Italia transferred the rights of use of the passive infrastructure to Trentino NGN, in May 2012, some operators requested access to that passive infrastructure and access was granted.
V Bruslju, 26. maja 2014
Consequently, Telecom Italia made several payments to Trentino NGN as remuneration for purchasing access to the passive infrastructure from Trentino NGN in order to meet the other licensed operators' access requests.
Za Komisijo
These payments amounted to less than EUR 15000, and constituted the entire revenue generated by Trentino NGN after its incorporation.
Podpredsednik
The Italian authorities also indicated that the Province had not and would not pay any penalty for withdrawing from Trentino NGN.
UL C 323, 24.10.2012, str. 6.
The shareholders' agreement of 16 December 2011 and subsequent amendments contained provisions concerning termination which enable the Province to leave Trentino NGN without any penalty, even in the event that the project had not been implemented even in part.
Sporočilo Komisije – Smernice Skupnosti o uporabi pravil o državni pomoči v zvezi s hitro postavitvijo širokopasovnih omrežij (UL C 235, 30.9.2009, str. 7), revidirane leta 2013: Smernice Evropske unije za uporabo pravil o državni pomoči v zvezi s hitro postavitvijo širokopasovnih omrežij (UL C 25, 26.1.2013, str. 1).
ASSESSMENT
Glej opombo 1.
Although some preparatory steps were taken by Italy to implement the Trentino NGN project, notably through the various agreements and acts leading to the setting up of the joint venture, and the above-mentioned partial payment of the contribution in cash by the Province (along with the partial contributions in cash by other parties and the contribution in kind by Telecom Italia), the project did not progress beyond that stage.
Območja s srednjo donosnostjo, ki so bila opredeljena, so bile občine, v katerih bi stroški postavitve infrastrukture FTTH (Fibre To The Home – vlakna do doma) še vedno znašali približno 1000 EUR na gospodinjstvo, tj. 42 občin in 150000 gospodinjstev, kar je 60 % prebivalstva pokrajine.
In relation to the partial payment made by the Province into the capital of Trentino NGN, the Italian authorities have explained that Trentino NGN deposited all the amounts received as cash contributions from its shareholders (i.e. the financial contributions from the Province, McLink and Finanziaria Trentina, minus costs and taxes) in a bank account on which it received interest at a rate of 2,71 % in 2012, 1,509 % until 1 February 2013 and 1,524 % after 1 February 2013.
V sklepu o začetku postopka je bilo navedeno, da bi MC-link prispeval 1 milijon EUR, kar bi ustrezalo 1,6-odstotnemu deležu, vendar so italijanski organi med preiskavo navedli, da je pravilni znesek 1,5 milijona EUR, kar ustreza 1,56-odstotnemu deležu.
The partial payments (including the Province's) have remained inactive in Trentino NGN's bank account.
Tehnologija, ki omogoča opravljanje internetnih storitev po načelu „točka–več točk“.
According to the Italian authorities, on 28 February 2014 the Province recovered its partial cash contribution plus 3,75 % compound interest.
Operaterji, ki se zanimajo za opravljanje storitev, bi morali s tehnologijo GPON priključiti celotno omrežje.
The Italian authorities have explained that the 3,75 % compound interest was the result of a negotiated settlement between the parties and represents approximately double the rate for 2- to 3-year Italian government bonds, and is similar to the rate for 10-year bonds.
Začetni prispevek je vključeval prenos neodtujljivih pravic uporabe.
The partial payment of the cash contribution by the Province to Trentino NGN involved a transfer of State resources.
Drugi prispevek je bil sestavljen iz dveh delov, in sicer iz (1) spremembe neodtujljivih pravic uporabe (ki so bile del začetnega prispevka) v lastništvo nad prostorom na vodih operaterja Telecom Italia le na območjih s srednjo donosnostjo v pokrajini (tj. na ciljnih območjih podjetja Trentino NGN); ter (2) prenosa lastništva nad vsemi sestavnimi deli bakrenega omrežja, da bi se slednje izključilo in da bi vse stranke prešle na novo optično omrežje.
However, on the basis of the information available, since the deployment of the Trentino NGN project was suspended on 20 August 2012 and the Province effectively withdrew from the project and recovered its initial payment in full, plus reasonable interest, on 28 February 2014, the Commission is willing to accept that this partial payment did not give rise to an economic advantage for Trentino NGN or its shareholders.
Metodologija za določitev zadevne vrednosti je takrat temeljila na povprečni teoretični vrednosti zamenjave omrežja, in sicer na podlagi modela BU-LRIC, ki ga italijanski nacionalni regulativni organ AGCOM uporablja za določanje pristojbin za razvezan dostop do krajevne zanke, pri čemer ta vrednost šteje za povprečno vrednost v celotni državi in se ne računa posebej za pokrajino.
As for the minimal activity engaged in by Trentino NGN, i.e. the transactions concerning the sale of rights of use (see recital 19), these activities were performed in order to comply with regulatory obligations which remain incumbent upon Telecom Italia and do not appear to have caused an economic advantage for Trentino NGN or its shareholders, including Telecom Italia.
Po začetnih izračunih pokrajine je bilo največje nadomestilo omejeno na 10,5-odstotni donos naložbe.
Under these circumstances, the transactions concerned do not call into question the assessment made above.
Postavila naj bi se tri vzporedna omrežja GPON, pri čemer dve omrežji za podjetje Trentino NGN ne bi bili potrebni in bi se njuno upravljanje v teoriji dalo v zakup alternativnim ponudnikom.
The Commission accordingly accepts that the Trentino NGN project was never implemented, so that following the Province's withdrawal from the project the present investigation no longer serves any purpose.
Komisija je 4. novembra 2011 po odstranitvi zaupnih informacij posredovala odgovor italijanskih organov pritožnikom, ki so predložili dodatna opažanja in dokumentacijo 29. novembra ter 7. in 16. decembra 2011.
CONCLUSION
Italijanski organi so med januarjem in majem 2012 predložili več podrobnih dodatnih informacij.
HAS ADOPTED THIS DECISION:
Poleg tega je bilo v tem obdobju organiziranih več sestankov in telefonskih konferenc z vsako od zadevnih strani.
Article 1
Komisija je z dopisoma z dne 22. in 23. novembra 2012 prejela pripombe Italije glede sklepa o začetku postopka.
Following the withdrawal of the Italian authorities from the Trentino NGN project, the present proceedings no longer serve any purpose.
Prejela je tudi opažanja zainteresiranih strani, in sicer 3. decembra 2012 od predstavnikov operaterja Telecom Italia ter 7. decembra 2012 od predstavnikov operaterjev Wind, Fastweb in Vodafone.
The Commission has therefore decided to close the proceedings initiated under Article 108(2) of the Treaty.
Po odstranitvi vseh zaupnih informacij je z dopisom z dne 29. januarja 2013 navedena opažanja posredovala italijanskim organom, ki so 5. marca 2013 predložili pripombe glede opažanj tretjih strani.
Article 2
Med marcem in decembrom 2013 so z vsemi zadevnimi stranmi (italijanskimi organi ter operaterji Telecom Italia, Wind, Fastweb in Vodafone) potekale poglobljene razprave in izmenjave, z vsako od njih pa so bilo organiziranih tudi več sestankov in telefonskih konferenc.
This Decision is addressed to Italian Republic.
Pokrajina je septembra 2010 pripravila strategijo za uresničitev cilja, da bi bilo do leta 2018 njeno celotno ozemlje povezano s širokopasovnim optičnim omrežjem ultra velikih hitrosti.
Done at Brussels, 26 May 2014.
V strategiji sta bili določeni dve vrsti ukrepov, in sicer za območja s „srednjo donosnostjo“ [4] in območja z „nizko donosnostjo“ v pokrajini, medtem ko so bila območja z visoko donosnostjo izključena.
For the Commission
Kar zadeva delni kapitalski vložek pokrajine v podjetje Trentino NGN, so italijanski organi pojasnili, da je zadevno podjetje vse zneske, ki jih je kot denarne vložke prejelo od delničarjev (tj. finančne prispevke pokrajine ter delničarjev MC-link in Finanziaria Trentina, vendar brez stroškov in davkov), položilo na bančni račun, na katerega je prejemalo obresti po obrestni meri 2,71 % leta 2012, 1,509 % do 1. februarja 2013 in 1,524 % po 1. februarju 2013 .
Vice-President
Delni vložki (vključno z vložkom pokrajine) so ostali na bančnem računu podjetja Trentino NGN.
OJ C 323, 24.10.2012, p. 6.
Te vrednosti izhajajo iz tretje spremembe delničarskega sporazuma, podpisanega 11. maja 2012.
Communication from the Commission — Community Guidelines for the application of State aid rules in relation to rapid deployment of broadband networks (OJ C 235, 30.9.2009, p. 7), revised in 2013: EU Guidelines for the application of State aid rules in relation to the rapid deployment of broadband networks (OJ C 25, 26.1.2013, p. 1).
Prvotne vrednosti so znašale 4,7 milijona EUR kot denarni vložek, letna obrestna mera pa je bila določena na 7,5 %.
See footnote 1.
Komisija je imela pomisleke o primernosti metodologije za oceno prenosa lastništva nad vsemi sestavnimi deli bakrenega omrežja [10] glede na visoke stroške njegovega vzdrževanja, glede na to, da je bil glavni cilj, da se po začetku delovanja optičnega omrežja izključi, in glede na možne alternative za predlagano metodologijo,
The medium-profitability areas identified were municipalities in which the cost of deploying the fibre-to-the-home infrastructure would remain around EUR 1000 per household, i.e. 42 municipalities and 150000 households, corresponding to 60 % of the population of the Province.
Skupno podjetje Trentino NGN je bilo ustanovljeno 18. maja 2012, začetni prispevki posameznih strani pa so bili izvedeni, kot sledi: pokrajina je prispevala le del načrtovanega denarnega vložka, tj. 14,845 milijona EUR namesto 50 milijonov EUR, Finanziaria Trentino je prispevala le 1,25 milijona EUR od 5 milijonov EUR, MC-link pa le 0,375 milijona EUR od 1,5 milijona EUR.
The opening decision said that MC-link would contribute EUR 1 million, corresponding to a stake of 1,6 %, but during the investigation the Italian authorities indicated that the correct figure was EUR 1,5 million, corresponding to a stake of 1,56 %.
Telecom Italia je prispeval neodtujljive pravice uporabe svoje pasivne infrastrukture, ki je bila dokončno ocenjena na 39,448 milijona EUR.
These figures are those resulting from the third amendment to the shareholders' agreement, signed on 11 May 2012.
V skladu s tem je bila lastniška struktura naslednja: pokrajina je imela 52,16-odstotni delež, Telecom Italia 41,07-odstotni delež, MC-link 1,56-odstotni delež, Finanziaria Trentino pa 5,21-odstotni delež.
Council Implementing Decision (EU) 2016/1988
Izvedbeni sklep Sveta (EU) 2016/1988
amending Implementing Decision 2013/678/EU authorising the Italian Republic to continue to apply a special measure derogating from Article 285 of Directive 2006/112/EC on the common system of value added tax
o spremembi Izvedbenega sklepa 2013/678/EU o dovoljenju Italijanski republiki, da še naprej uporablja posebni ukrep, ki odstopa od člena 285 Direktive 2006/112/ES o skupnem sistemu davka na dodano vrednost
By virtue of Council Decision 2008/737/EC [2], Italy was authorised, as a derogating measure, to exempt from value added tax (‘VAT’) taxable persons whose annual turnover is no higher than EUR 30000 until 31 December 2010 (‘the derogating measure’).
V skladu z Odločbo Sveta 2008/737/ES [2] je Italijanska republika dobila dovoljenje, da lahko v okviru ukrepa o odstopanju do 31. decembra 2010 davčne zavezance, katerih letni promet znaša največ 30000 EUR, oprosti plačila davka na dodano vrednost (DDV) (v nadaljnjem besedilu: ukrep o dostopanju).
The application of the derogating measure was subsequently extended until 31 December 2013 by Council Implementing Decision 2010/688/EU [3] and until 31 December 2016 by Council Implementing Decision 2013/678/EU [4], which, in addition, increased the maximum authorised exemption threshold to EUR 65000 of annual turnover.
Uporaba ukrepa o odstopanju je bila naknadno podaljšana z Izvedbenim sklepom Sveta 2010/688/EU [3] do 31. decembra 2013 in nato še do 31. decembra 2016 z Izvedbenim sklepom Sveta 2013/678/EU [4], ki je poleg tega povečal najvišji dovoljeni prag oprostitve na 65000 EUR letnega prometa.
By letter registered with the Commission on 5 April 2016, Italy requested authorisation to extend the derogating measure.
V dopisu, ki ga je Komisija evidentirala 5. aprila 2016, je Italija zaprosila za dovoljenje za podaljšanje ukrepa o odstopanju.
In accordance with the second subparagraph of Article 395(2) of Directive 2006/112/EC, the Commission informed the other Member States, by letter dated 21 June 2016, of the request made by Italy.
V skladu z drugim pododstavkom člena 395(2) Direktive 2006/112/ES je Komisija z dopisom z dne 21. junija 2016 obvestila druge države članice o zahtevi Italije.
By letter dated 22 June 2016, the Commission notified Italy that it had all the information necessary to consider the request.
Komisija je z dopisom z dne 22. junija 2016 obvestila Italijo, da ima na voljo vse informacije, potrebne za presojo zahtevka.