natgillin/translations-raw huggingface dataset:
Articles 6 and 7 of Decision 2007/441/EC are replaced by the following:
Člena 6 in 7 Odločbe 2007/441/ES se nadomestita z naslednjim:
Any request for the extension of the measures provided for in this Decision shall be submitted to the Commission by 1 April 2019.
Vsak zahtevek za podaljšanje ukrepov iz te odločbe se predloži Komisiji do 1. aprila 2019.
Any request for the extension of those measures shall be accompanied by a report which includes a review of the percentage restriction applied on the right to deduct VAT charged on expenditure on motorised road vehicles not wholly used for business purposes.
Vsak zahtevek za podaljšanje navedenih ukrepov spremlja poročilo, ki vsebuje ponovni pregled odstotka omejitve, ki se uporablja za pravico do odbitka DDV na izdatke za motorna cestna vozila, ki se ne uporabljajo izključno za poslovne namene.
This Decision shall expire on 31 December 2019.’.
Ta odločba preneha veljati 31. decembra 2019.“
Council Decision 2007/441/EC of 18 June 2007 authorising the Italian Republic to apply measures derogating from Articles 26(1)(a) and 168 of Directive 2006/112/EC on the common system of value added tax (OJ L 165, 27.6.2007, p.
Odločba Sveta 2007/441/ES z dne 18. junija 2007 o dovoljenju Italijanski republiki, da uporabi ukrepe, ki odstopajo od člena 26(1)(a) in člena 168 Direktive 2006/112/ES o skupnem sistemu davka na dodano vrednost (UL L 165, 27.6.2007, str.
Commission Decision (EU) 2016/1983
Sklep Komisije (EU) 2016/1983
on the measure SA.33063 (2012/C, ex 2012/NN) regarding Trentino NGN srl following the withdrawal of Italy from the project
o ukrepu SA.33063 (2012/C, ex 2012/NN) v zvezi s skupnim podjetjem Trentino NGN srl. po umiku Italije iz projekta
(notified under document C(2014) 3159)
(notificirano pod dokumentarno številko C(2014) 3159)
Having called upon interested parties to submit their comments pursuant to the provisions cited above [1],
po pozivu vsem zainteresiranim stranem, naj predložijo svoje pripombe v skladu z navedenima določbama [1],
On 24 May 2011 the Commission received a complaint by the three main alternative telecommunications operators active in Italy (Wind, Fastweb and Vodafone).
Komisija je 24. maja 2011 prejela pritožbo treh glavnih alternativnih telekomunikacijskih operaterjev, ki delujejo v Italiji (Wind, Fastweb in Vodafone).
In their detailed submission, it was alleged that a project launched by the Italian Autonomous Province of Trento (‘the Province’) for the deployment of a next-generation access infrastructure throughout the territory of the Province constituted de facto State aid to Telecom Italia, granted in violation of the competition rules as stated in the Broadband Guidelines [2].
V pritožbi podrobno obrazložili, da projekt italijanske samostojne pokrajine Trento (v nadaljnjem besedilu: pokrajina) za postavitev infrastrukture dostopovnega omrežja naslednje generacije na celotnem ozemlju pokrajine pomeni dejansko državno pomoč operaterju Telecom Italia, dodeljeno v nasprotju s pravili o konkurenci, kot je navedeno v smernicah za širokopasovna omrežja [2].
In particular, the complainants alleged that they were not properly informed or consulted by the Province regarding its plans and objectives, that the beneficiary was predetermined before the start, and that the chosen infrastructure would not allow real competition after it had been deployed.
Pritožniki so zlasti trdili, da jih pokrajinski organi niso ustrezno obvestili o svojih načrtih in ciljih niti se niso z njimi posvetovala, da je bil izvajalec že izbran ter da izbrana infrastruktura po postavitvi ovirala resnično konkurenco.
Following a request for information sent on 22 June 2011, the Italian authorities replied on 20 July 2011, contending that their intention was to follow the market economy investor principle, and that their intervention did not constitute State aid and thus did not need to fulfil the compatibility conditions of the Broadband Guidelines.
Po zahtevi za informacije, poslani 22. junija 2011, so italijanski organi v svojem odgovoru z dne 20. julija 2011 zatrdili, da je bil njihov namen upoštevati načelo vlagatelja pod tržnimi pogoji ter da njihovo posredovanje ne pomeni državne pomoči in zato ni potrebno, da izpolnjuje pogoje o združljivosti iz smernic za širokopasovna omrežja.
Between February and May 2012 the complainants also submitted additional information.
Italijanski organi so z dopisom z dne 31. januarja 2014 Komisiji sporočili, da se bo pokrajina umaknila iz projekta.
Throughout this period various meetings and phone conferences were held with each of the parties involved.
Italijanski organi so 14. in 20. marca 2014 zagotovili dodatne informacije o dejanskem umiku pokrajine iz skupnega podjetja Trentino NGN, zlasti o prodaji delnic pokrajine operaterju Telecom Italia, ki je bila izvedena 28. februarja 2014.
Having removed the confidential information, the Commission published the opening decision in the Official Journal of the European Union [3], inviting interested parties to submit their comments.
Kar zadeva območja s srednjo donosnostjo, je pokrajina nameravala ustanoviti novo podjetje z imenom Trentino NGN, v katerega bi lahko vlagali zasebni partnerji.
The Commission received comments on the opening decision from Italy by letters of 22 and 23 November 2012.
Kar zadeva območja z nizko donosnostjo, je nameravala sprejeti začasni ukrep državne pomoči, ki bi se razvil in priglasil pozneje, verjetno pod nadzorom njenega javnega podjetja Trentino Network, ki je ločeno od podjetja Trentino NGN, ki je bilo odgovorno za druge pobude v okviru splošne strategije pokrajine za širokopasovno omrežje.
The Commission also received observations from interested parties: the representatives of Telecom Italia on 3 December 2012 and the representatives of Wind, Fastweb and Vodafone on 7 December 2012.
V naslednjih mesecih je bila pokrajina v stiku z več zasebnimi operaterji posebej in je 8. februarja 2011 z operaterjem Telecom Italia podpisala memorandum o soglasju za ustanovitev skupnega podjetja Trentino NGN za postavitev infrastrukture FTTH na območjih z nizko donosnostjo.
Between March and December 2013 intensive discussions and exchanges took place with all the parties concerned (the Italian authorities, Telecom Italia, Wind, Fastweb and Vodafone) and various meetings and phone conferences were held with each of them.
Pozneje leta 2011 sta memorandum o soglasju podpisala še dva manjša zasebna delničarja, in sicer finančna institucija Finanziaria Trentina in manjši ponudnik internetnih storitev MC-link, pri čemer naj bi oba zagotovila manjši finančni prispevek podjetju.
By letter of 31 January 2014 the Italian authorities informed the Commission of the Province's intention to withdraw from the project.
Do decembra 2011 je bil poslovni načrt dokončan, na zahtevo pokrajine pa je podjetje Analysys Mason pripravilo poročilo o skrbnem pregledu poslovanja.
On 14 and 20 March 2014, the Italian authorities provided additional information concerning the Province's effective withdrawal from the Trentino NGN joint venture, in particular concerning the sale of the Province's shares to Telecom Italia effected on 28 February 2014.
Hkrati so bile pravice in obveznosti delničarjev dokončno določene, prispevki v naravi operaterja Telecom Italia podjetju Trentino NGN pa podrobneje opredeljeni.
DESCRIPTION OF THE MEASURE
Nadaljnje spremembe delničarskih sporazumov so bile uvedene po razpravah s Komisijo in po tem, ko je podjetje Analysys Mason dokončalo strokovno poročilo o projektu.
In September 2010, the Province drew up a strategy to achieve its connectivity objective of 100 % coverage of its territory by an ultra-broadband fibre network by 2018.
Do marca 2012 je podjetje Reconta Ernst & Young pripravilo zahtevano strokovno poročilo o začetnem prispevku v naravi operaterja Telecom Italia, zaradi česar so bile uvedene dodatne spremembe.
The strategy provided for two types of action, for ‘medium-profitability’ areas [4] and for ‘low-profitability’ areas in the Province: high-profitability areas were excluded.
Pokrajina je sama ustanovila podjetje Trentino NGN, in sicer z minimalnim kapitalskim vložkom v višini manj kot 100000 EUR.
For the medium-profitability areas, the Province intended to set up a new company to be named Trentino NGN and to open it up to private partners.
Podjetje naj bi doseglo končno kapitalsko strukturo s povečanjem lastniškega kapitala, ki naj bi se izvedlo po sklenitvi sporazumov z zasebnimi delničarji.
For the low-profitability areas, the Province planned to take an ad hoc State aid measure which would be developed and notified at a later stage, probably under the supervision of the Province's publicly owned company Trentino Network, a company distinct from Trentino NGN which was in charge of other initiatives falling within the Province's general broadband strategy.
Načrtovalo se je, da bi se lastniški kapital podjetja Trentino NGN povečal na naslednji način: pokrajina bi prispevala 50 milijonov EUR (kar ustreza 52,2-odstotnemu deležu), Finanziaria Trentina bi prispevala 5 milijonov EUR (5,2-odstotni delež), MC-link bi prispeval 1,5 milijona EUR (1,56-odstotni delež) [5], Telecom Italia pa bi z neodtujljivimi pravicami uporabe dal v najem svojo pasivno infrastrukturo (vodov in drogov) v celotni pokrajini za gradnjo novega optičnega omrežja (v nadaljnjem besedilu: začetni prispevek).
In the following months, separate contacts between the Province and several private operators took place, and on 8 February 2011 the Province signed a memorandum of understanding with Telecom Italia for the setting up of the joint venture Trentino NGN to deploy a fibre-to-the-home infrastructure in the medium-profitability areas.
Vrednost začetnega prispevka operaterja Telecom Italia je bila prvotno ocenjena na 39,8 milijona EUR, vendar je bilo v poročilu podjetja Ernst & Young o vrednosti tega prispevka naveden nekoliko nižji znesek, in sicer 39,3 milijona EUR, zaradi česar je bil sporazum posodobljen (vrednost je bila dokončno ocenjena na 39,448 milijona EUR).
Pursuant to this initial agreement, the Province committed itself to a cash contribution of up to EUR 60 million to the capital of Trentino NGN, while Telecom Italia was only to make contributions in kind, including (1) its existing passive infrastructure (ducts and poles) immediately; and (2) the switch-off of the existing copper network following the entry into service of the fibre-to-the-home network.
Pregled delničarjev podjetja Trentino NGN in njihovih ustreznih deležev (med 18. majem 2012 in 28. februarjem 2014) je prikazan spodaj.
Later in 2011, two other minor private shareholders signed the memorandum of understanding: a financial institution, Finanziaria Trentina, and a smaller internet service provider, McLink, each of which was to make a smaller financial contribution to the company.
Delničar
By December 2011, the business plan was finalised and a due diligence report was prepared at the Province's request by Analysys Mason.
Kapitalski delež (v %)
The company was expected to reach its final capital structure through an increase in the equity to be implemented after finalisation of the agreements with the private shareholders.
Skupaj
It was planned that the equity capital of Trentino NGN would be increased as follows: the Province would contribute EUR 50 million (corresponding to a stake of 52,2 %), Finanziaria Trentina would contribute EUR 5 million (a 5,2 % stake), McLink EUR 1,5 million (a 1,56 % stake) [5] and Telecom Italia the lease, by means of indefeasible rights of use, of its passive infrastructure (ducts and poles) in the whole of the Province, for use in the construction of the new fibre network (‘the initial contribution’).
V delničarskem sporazumu je bilo določeno, da bi se ob koncu tretjega leta od začetnega prispevka ali ob priključitvi vsaj 16 % novih optičnih povezav Telecom Italia in pokrajina lahko odločila, da Telecom Italia izvede „drugi prispevek“, tj. da na podjetje Trentino NGN prenese (1) lastništvo (za razliko od že prenesenih neodtujljivih pravic uporabe) nad obstoječo pasivno infrastrukturo na območjih s srednjo donosnostjo, ki jih je opredelilo podjetje Trentino NGN, in (2) lastništvo nad bakrenim omrežjem, da bi se slednje izključilo in da bi vse stranke prešle na novo optično omrežje.
Telecom Italia's initial contribution was originally valued at EUR 39,8 million, but the report by Ernst & Young on the value of this contribution indicated a slightly lower amount of EUR 39,3 million, which lead to an update to the agreement (the final estimation was EUR 39,448 million).
Vrednost prispevka je bila predhodno ocenjena na 520 EUR na priključeno bakreno linijo, vključno z linijami operaterja Telecom Italia na maloprodajnem trgu in linijami, upravljanimi v imenu operaterjev, ki so imeli razvezan dostop do krajevne zanke.
On 18 May 2012, the joint venture Trentino NGN was set up and the initial contributions of each of the parties were made as follows: the Province paid up only part of the planned cash contribution, i.e. EUR 14,845 million instead of EUR 50 million; similarly, Finanziaria Trentino contributed only EUR 1,25 million of EUR 5 million, and McLink contributed only EUR 0,375 million of EUR 1,5 million.
Ocenjevalo se je, da se bo ta vrednost povečala za 2 milijona EUR v skladu z vrednostjo spremembe neodtujljivih pravic uporabe prostora na vodih (tj. začetni prispevek) v lastništvo.
Telecom Italia contributed the indefeasible rights of use of its passive infrastructure, estimated finally at EUR 39,448 million.
V tej drugi fazi bi Telecom Italia zaradi svojega drugega prispevka in po potrebi tudi z dodatno kapitalsko injekcijo pridobil večinski delež in nadzor nad podjetjem Trentino NGN.
This resulted in the following shareholding structure: Province 52,16 %; Telecom Italia 41,07 %; McLink 1,56 %; Finanziaria Trentino 5,21 %.
V delničarskem sporazumu je bilo določeno tudi, da bo po dodatnih treh letih ali ob izpolnitvi cilja v zvezi s priključitvijo 43 % linij Telecom Italia imel pravico uveljaviti nakupno opcijo, da bi pridobil delnice pokrajine in delničarja MC-link v podjetju Trentino NGN.
The resulting situation of Trentino NGN's shareholders and their respective shareholdings was as follows (during the 18 May 2012-28 February 2014 period).
Telecom Italia bi v zameno za podelitev te pravice, če bi se dejansko uveljavljala, plačal pokrajini 6,5 milijona EUR, in sicer prvo polovico v enem letu, drugo pa v dveh letih.
Shareholder
Nakupna cena delnic bi bila enaka vrednosti prispevka, povečani za letno 7,75-odstotno neto vrednost razdeljenih dividend [6].
Capital held %
Preostala dva delničarja, tj. MC-link oziroma Finanziaria Trentina, sta imela prodajno opcijo, pri čemer bi se lahko odločila prodati svoj delnice v podjetju Trentino NGN operaterju Telecom Italia za ceno, ki je enaka vrednosti njunih prispevkov, povečani za 5,5 % oziroma 7 % na leto.
Subscribed capital (EUR)
Poleg tega je bil Telecom Italia prek posameznih delničarskih sporazumov določen za izvajalca storitev za podjetje Trentino NGN, kar zadeva gradnjo, upravljanje in delovanje omrežja.
Paid-up capital (EUR)
Vrsta omrežja, ki naj bi se postavilo, je t. i. model „točka–več točk“.
Province
Obveznosti glede razvezanosti ali dostopa niso bile predvidene.
McLink
Izbrana struktura je zagotavljala le postavitev treh vzporednih omrežij GPON [7], pri čemer bi se za dve omrežji podelile koncesije drugim operaterjem.
Total
ZAČETEK FORMALNE PREISKAVE
The shareholders' agreement provided that at the end of the third year from the initial contribution, or upon the activation of at least 16 % of the new fibre connections, Telecom Italia and the Province could decide to initiate the ‘second contribution’ by Telecom Italia, i.e. the transfer to Trentino NGN (1) of the ownership (as opposed to the indefeasible rights of use already conferred) of the passive infrastructure existing in the medium-profitability areas identified by Trentino NGN; and (2) the ownership of the copper network, with a view to switching it off and migrating all customers onto the new fibre network.
Komisija je začela formalno preiskavo, ker je imela resne pomisleke o skladnosti ukrepa z načelom vlagatelja pod tržnimi pogoji in ker je želela ugotoviti, ali bi se ukrep, če bi se izkazalo, da vsebuje elemente državne pomoči, lahko štel za združljivega z notranjim trgom.
The preliminary estimate of the value of the contribution was EUR 520 per active copper line, including both Telecom Italia's retail lines and lines operated on behalf of the operators who had unbundled access to the local loop.
V sklepu o začetku postopka je Komisija izrazila zaskrbljenost, da je bilo za udeležbo pokrajine pri podjetju Trentino NGN značilnih več elementov, zaradi katerih je dvomila, ali je bila ta udeležba skladna z načelom vlagatelja pod tržnimi pogoji in dejansko enaka udeležbi zasebnih partnerjev.
This value was estimated to be boosted by EUR 2 million corresponding to the value of converting the indefeasible rights of use of the duct space (i.e. the initial contribution) into ownership.
Pomisleki Komisije so se nanašali zlasti na:
In this second phase, and on account of its second contribution, Telecom Italia would acquire the majority stake and control of Trentino NGN, if necessary by way of an additional capital injection by Telecom Italia.
časovni razpored projekta: Komisija je dvomila, da je pokrajina že od samega začetka ravnala kot vlagatelj pod tržnimi pogoji, in menila, da je namesto ciljev javne politike upoštevala gospodarske vidike in vidike donosnosti.
Finally, the shareholders' agreement also provided that after three more years, or after reaching the objective of 43 % active and connected lines, Telecom Italia would have the right to exercise a call option vis-à-vis the Province and McLink to acquire their shares of Trentino NGN.
Zdelo se je, da je pokrajina začela projekt v javnem interesu, nato pa ga preoblikovala v skupno podjetje z obstoječim operaterjem Telecom Italia, pri čemer je šele naknadno poskušala zagotoviti skladnost projekta z načelom vlagatelja pod tržnimi pogoji, med drugim s spremembami po razpravah s Komisijo, medtem ko je struktura pobude ostala nespremenjena,
In return for the concession of this right to Telecom Italia, and if it was eventually exercised, Telecom Italia would pay EUR 6,5 million to the Province, half of it within 1 year and the other half within 2 years.
udeležbo zasebnih strani: udeležba delničarjev MC-link in Finanziaria Trentina je bila zanemarljiva, v primeru operaterja Telecom Italia pa znatna, saj se je postopoma krepila,
The purchase price for the shares would be equal to the value of the contribution increased by an annual 7,75 % net of the distributed dividends [6].
sočasnost naložbe: pokrajina je morala ukrepati takoj, medtem ko je bil prispevek operaterja Telecom Italia postopen ter pogojen z nekaterimi dogodki in postopki odločanja,
The other two shareholders, McLink and Finanziaria Trentina, were granted a put option whereby they could decide to sell their shares in Trentino NGN to Telecom Italia at a price corresponding to the value of their contributions increased by respectively 5,5 % and 7 % per year.
enake pogoje: ni bilo jasno, ali so pogoji, pod katerimi je pokrajina vlagala v skupno podjetje, enaki pogojem za zasebne partnerje, zlasti za operaterja Telecom Italia.
In addition, through specific shareholders' agreements, Telecom Italia was also appointed the supplier of Trentino NGN for the construction, management and operation of the network.
Komisija je ugotovila več nedoslednosti v zvezi s časovnim razporedom prispevkov operaterja Telecom Italia in pogoji zanje ter možnostjo, da zadevni operater prek nakupne opcije pridobi delnice pokrajine in popoln nadzor nad podjetjem Trentino NGN,
The type of network to be deployed was what is known as the point-to-multipoint model.
začetni prispevek operaterja Telecom Italia [8]: zdelo se je, da je bila vrednost začetnega prispevka operaterja Telecom Italia izračunana na podlagi dokumentov, predpostavk, napovedi in finančnih analiz, ki so jih opravile strani, ki jih neodvisni strokovnjak ni preveril.
No unbundling or access obligations were envisaged.
Komisija je imela pomisleke, ali bi bil zasebni vlagatelj pripravljen sprejeti znatno kapitalsko udeležbo pri skupnem podjetju v zameno za dostop do reguliranega premoženja, ki bi ga bilo mogoče pridobiti s pogodbo po reguliranih cenah.
The chosen architecture provided only for the rollout of three parallel GPON networks [7], two of which would be available for concession to other operators.
Ni bilo jasno, ali bi vlagatelj pod tržnimi pogoji sprejel zakup infrastrukture, ki bi jo bilo mogoče dokončno pridobiti pozneje, kot zadostno kapitalsko udeležbo.
OPENING OF THE FORMAL INVESTIGATION
Komisija je imela pomisleke, ali bi vlagatelj pod tržnimi pridobil infrastrukturo, ki ni bila potrebna, saj bi neodtujljive pravice uporabe veljale za vode in drogove operaterja Telecom Italia v celotni pokrajini in ne le na območjih, na katerih naj bi podjetje Trentino NGN postavilo omrežje,
The Commission opened the formal investigation because it had serious doubts as to the compliance of the measure with the market economy investor principle, and in order to determine whether, if it was shown to contain elements of State aid, it could be deemed compatible with the internal market.
drugi prispevek operaterja Telecom Italia [9]: Komisija je imela pomisleke o prihodnji oceni drugega prispevka operaterja Telecom Italia, ki je takrat temeljila na dogovorjeni metodologiji brez mnenja strokovnjaka.
In the opening decision, the Commission expressed its concern that the Province's involvement in Trentino NGN had several features which made it doubtful whether it complied with the market economy investor principle and whether the Province's participation was indeed equivalent to that of its private partners.
Ni bilo jasno, da je bila predhodna ocena spremembe neodtujljivih pravic uporabe v lastništvo v skladu s tržnimi pogoji ter zlasti da ni bilo prekrivanja med oceno začetnega (zakup) in drugega prispevka (lastništvo), saj so prenesene pravice večinoma zajemale isto infrastrukturo.
The Commission's doubts related in particular to the following:
poslovni načrt in stopnje tveganja za strani: profili tveganja za javni organ in zasebne vlagatelje so se zelo razlikovali glede na različno vrsto in časovni razpored njihovih prispevkov ter različne pravice in obveznosti strani, pri čemer so bili za operaterja Telecom Italia na prvi pogled značilni majhna tveganja, nizki oportunitetni stroški in majhna tveganja za obstoječe posle, saj bi navedeni operater ohranil nadzor nad bakrenim omrežjem tudi po tem, ko bi ga prispeval za skupno podjetje, in hkrati pridobil nadzor nad skupnim podjetjem, poleg tega pa bi lahko z uveljavljanjem nakupne opcije pridobil popoln nadzor in internaliziral dobiček, če bi se skupno podjetje izkazalo za donosno, medtem ko se je zdelo, da je pokrajina delovala kot finančni vlagatelj v projekt v zvezi s posodobitvijo infrastrukture, pri čemer je v primeru uveljavljanja nakupne opcije pričakovala donos v višini največ 7,75 % in 6,5 milijona EUR [11].
The timing of the project.
Izračuni iz poslovnega načrta morda niso bili povsem natančni, in sicer zaradi optimističnih predpostavk glede dejanskega povpraševanja končnih uporabnikov in prihodkov od alternativnih operaterjev, ki bi priključili vse razpoložljive linije GPON [12].
The Commission doubted that the Province had acted since the beginning as a market economy investor, guided not by public policy objectives but by economic and profitability considerations.
Bila so tudi druga podobna tveganja, in sicer bi se lahko Telecom Italia ob odsotnosti pogodbenih obveznosti odločil odložiti izključitev obstoječega bakrenega omrežja, zaradi česar bi podjetje Trentino NGN morda z zamudo doseglo prag dobička.