natgillin/translations-raw huggingface dataset:
Concerning the debt subordination, the Land declared it in relation to the afore-mentioned loan of EUR 20 million on 29 August 2007 in order to avoid insolvency of NG, ranking its claims against NG in the last position of all creditors' claims against NG.
Torej ni povezave med skupino Nürburgring in njenimi delničarji na eni strani ter novim lastnikom in njegovimi delničarji na drugi strani.
On this basis, the Commission finds that the subordination (part of measure 14) constitutes a separate advantage to the loan of EUR 20 million of measure 14, since it significantly reduced the possibility of collection of its claims against NG.
Zato Komisija ugotavlja, da je kupec subjekt, ki je neodvisen od podjetij NG, MSR in CMHN.
As regards the amount of the measure, it is equal to the amount of the subordinated loan, since it allowed NG to avoid repaying the amount of the subordinated loan, i.e. EUR 20 million.
Čas prodaje
As regards measure 15 (takeover of MSR shares by NG and RIM), MSR was in difficulty at the time of the measure, which means that it had loss making operations.
Komisija mora presoditi, ali bi lahko čas izvedbe razpisnega postopka povzročil izogibanje sklepu Komisije glede vračila nezdružljive državne pomoči.
In turn, this means that the amount resulting from its operations and put at the disposal of its shareholders was negative.
Ker kupec vztraja, da se prenos opravi šele, ko končnega sklepa Komisije ne bo mogoče izpodbijati na sodišču, bo prodajna pogodba začela veljati šele po sprejetju tega sklepa o vračilu pomoči, takrat pa bo končan tudi postopek zaradi insolventnosti.
In this sense, the value reflected by MSR's operations in each of its shares was negative.
Prvi obrok kupnine je bil plačan pred sprejetjem tega sklepa.
By buying MSR, NG and RIM clearly intended to support it.
V obravnavanem primeru Komisija meni, da je dejstvo, da sta prodajo začela stečajna upravitelja, ki ju je imenovalo pristojno lokalno sodišče, in da je bila odločitev o prenosu sredstev sprejeta pred sprejetjem tega sklepa, manj odločilno v smislu gospodarske kontinuitete, kot bi bil položaj, kjer bi odločitev o prodaji sprejeli upravičenci do pomoči ali kjer bi se postopek prodaje začel šele po sprejetju tega sklepa.
However, the change of owner, as such, does not involve aid to MSR.
Ekonomski razlogi za transakcijo
It is the measures that might follow the change of ownership (e.g. loans from NG to MSR) which would involve aid to MSR.
Namen merila ekonomskih razlogov je presoditi, ali bo kupec sredstev ta sredstva uporabil na enak način kot prejšnji lastnik oziroma ali jih bo uporabil za uvedbo drugačne dejavnosti ali strategije.
The legal form of the company MSR is such that the shareholders are not liable for the company's liabilities, and the sale of MSR by its previous owners to NG and RIM, as such, only involves a symbolic price paid to the sellers equal to the amount of the sales price, i.e. EUR 3.
Komisija meni, da bo imel novi lastnik možnost upravljati svoje dejavnosti pod drugačnimi pogoji poslovanja kot podjetja NG, MSR in CMHN ter da bo uporabil svoj poslovni model.
On this basis, the Commission considers that the price of EUR 1 per share does not constitute an economic advantage to the sellers of MSR's shares, i.e. Mediinvest, Geisler & Trimmel and Weber.
Kupec ne bo prevzel poslovnega koncepta prodajalcev.
Measure 16 involves a shareholder loan and a subsidy by the Land to NG for Formula 1 races.
Obstoječi dirkalni stezi (steza Grand-Prix in severna steza) se bosta v prihodnje uporabljali […], kar bo omogočilo […].
Through the liquidity pool, the Land provided to NG EUR 24978808 between 2003 and 2007 and EUR 15426562 in 2009 (measure 3).
V ta namen namerava podjetje Capricorn zgraditi dodatne objekte in opremiti […].
To refinance these amounts, the Land granted an interest-free loan of EUR 40405000 to NG in 2011.
Del objektov, zgrajenih v okviru II. dela projekta Nürburgring 2009, bo opuščen (npr. […]).
NG also received a subsidy from the budget of the Land in the amount of EUR 13,5 million in July 2011.
V objektu „ring boulevard“ bo […].
Therefore, the advantage granted by the Land to NG through the loan of EUR 40405000 on 11 January 2011 is equal to EUR 40405000.
Zato kupec sredstev ne bo uporabljal na enak način kot insolventna podjetja.
The advantage granted by the Land to NG through the subsidy of EUR 13,5 million in July 2011 is equal to EUR 13,5 million.
Ravno nasprotno, podjetje Capricorn bo pridobljena sredstva vključilo v svojo poslovno strategijo in ustvarilo sinergije, kar utemeljuje njegov interes za nakup sredstev.
For the Formula 1 concession contract (measure 17), Germany has claimed that the organisation of Formula 1 racing constitutes an aid measure that is compatible under the SGEI rules.
V primerjavi s sedanjim modelom upravljanja je podjetje Capricorn razvilo nov koncept izkoriščanja sredstev.
However, Germany does not claim that the measure was aid-free compensation as meeting all requirements set out in the Altmark jurisprudence.
Poleg tega je upravljanje nekaterih sredstev iz strukturnih razlogov ustvarjalo primanjkljaj, zato morda zahteva nadaljnje prestrukturiranje in optimizacijo.
Finally, Germany has not provided evidence demonstrating that the concession fee was set at market level on the basis of any expert opinion or market report, or that it tendered out the concession.
Navedeni elementi kažejo, da ekonomski razlogi za ponudbo podjetja Capricorn ne vključujejo nadaljevanja gospodarske dejavnosti skupine Nürburgring, ampak vključitev nekaterih sredstev in dela delovne sile skupine Nürburgring v skupino, ki deluje na podlagi svojih ekonomskih razlogov.
Therefore, in the absence of the elements that would demonstrate that the measure is market-conform, the Commission considers that the concession contract grants an advantage to NAG.
Zato Komisija ugotavlja, da je ekonomski razlog za transakcijo zagotovitev, da bo lahko novi lastnik uporabljal sredstva podjetij NG, MSR in CMHN pod drugačnimi pogoji in ne bo nadaljeval strategije teh podjetij.
For this measure, the aid amount would in principle equal to the difference between the concession fee and the market value of the concession.
Sklepna ugotovitev o gospodarski kontinuiteti podjetij NG, MSR in CMHN prek prodaje sredstev
However, the Commission notes that, since no payments were made under the contract, as stated by Germany, the State aid involved was not materialised, therefore no aid amount can be established.
Sredstva so bila prodana po tržni ceni, kot je bila določena prek odprtega, preglednega, nediskriminatornega in brezpogojnega razpisnega postopka, in sicer ponudniku, ki je predložil najvišjo ponudbo, vključno z jamstvom o financiranju.
In contrast to the opinion of Germany, the Commission considers that the rescheduling of interest payments (measure 18) is not conform with the market economy investor principle and therefore constitutes an economic advantage, particularly in view of NG's, MSR's and CMHN's financial situation.
Nemčija je Komisijo obvestila, da kupec ni gospodarsko ali poslovno povezan s podjetjem NG, MSR ali CMHN.
Indeed, NG, MSR and CMHN were in a very bad financial position at the moment of the measure, as outlined above.
Odločitev o prodaji je bila sprejeta pred morebitnim negativnim sklepom Komisije v zvezi s formalnim postopkom preiskave.
The rescheduling of interest payments relating to a loan to a company in such difficulties, that no private investor would have granted at any rate, involves an advantage to the company, which is equal to the amount of the outstanding amount of the rescheduled loan.
Nazadnje, novi lastnik bo sredstva uporabljal pod drugačnimi pogoji in v skladu z drugačnim poslovnim modelom kot podjetja NG, MSR in CMHN, obseg dejavnosti kupca pa bo precej drugačen od obsega dejavnosti skupine Nürburgring.
Therefore, the rescheduling agreed by ISB on 15 May 2012, amounting to EUR 1,473 million for NG, EUR 1,205 million for MSR and EUR 303000 for CMHN, involves aid to these companies which is equal to the amount of the rescheduled outstanding loans.
Ob upoštevanju navedenega Komisija ugotavlja, da ni gospodarske kontinuitete med podjetji NG, MSR in CMHN ter podjetjem Capricorn, ki je kupec sredstev, in njegovim operativnim podjetjem, ki zato nista odgovora za morebitno vračilo državne pomoči, ki se bo zahtevalo od upravičencev.
As regards the State guarantee and the debt subordination (measure 19):
Pogojevanje dokončanja prodaje s sklepom Komisije
for the State guarantee of 2012 covering claims of up to EUR 254 million (for a loan of EUR 325265000), the Commission notes that it was granted, by declaration of the Land, in order to avoid insolvency of NG, MSR and CMHN, while the latter were in severe difficulty.
Prodajna pogodba med prodajalci in podjetjem Capricorn vključuje pogoj, v skladu s katerim bo prodaja sredstev Nürburgringa dokončna šele po sprejetju sklepa Komisije, ki ga ne bo mogoče izpodbijati in bo določal, da pomoč ne bo izterjana od kupca sredstev.
On this basis, the Commission considers that the measure did not fulfil the conditions of the Guarantee Notice, therefore provided an advantage to the beneficiaries, and thus constituted State aid;
Kot je navedeno v uvodni izjavi 56, se bodo prodajana sredstva, če neizpodbojni sklep Komisije ne bo sprejet do začetka leta 2015, pred 1. januarjem 2015 prodala podjetju NewCo, v katerem bo 95,1 % delnic v lasti kupca, 4,9 % delnic pa v lasti neodvisnega skrbnika.
the 2012 subordination of the Land's claims, stemming from the above guarantee, resulted in the ranking of the Land's claims in the last position of all creditors' claims against NG, MSR and CMHN.
Podjetje OpCo bo poslovalo pod svojim imenom, na podlagi svojega poslovnega načrta in z zaposlenimi, ki jih bo izbralo samo.
In this context, the Commission notes that a market economy creditor would not accept such a subordination of materialised claims against firms in severe difficulty, since such measure would amount to the actual loss of the claims.
Podjetje OpCo bo podjetju NewCo plačevalo letno najemnino v skupnem znesku [4,6–5,1] milijona EUR, ki bo vključena v likvidacijsko maso podjetij Nürburgringa (vsa plačila v likvidacijsko maso se prenesejo na skrbniške račune stečajnih upraviteljev izključno za poplačilo upnikov).
The Commission also considers that the guarantee and subordination of 2012 constitute a measure additional to the guarantee of 2010.
Ko sklep Komisije postane pravnomočen, bo skrbnik prenesel vse svoje delnice podjetja NewCo na kupca.
Indeed, the adoption of the 2012 guarantee and subordination was not foreseen or imposed by the 2010 guarantee, but discretionally decided by the authorities, in order to avoid the insolvency of NG, MSR and CMHN in 2012.
Glede na to ureditev Komisija ugotavlja:
As regards the amount of the measure, it is equal to the amount of the debt linked to it, i.e. EUR 254 million which was covered by the 2012 guarantee and subordination.
da bodo sredstva upravičencev dejansko prodana v štirih mesecih po sprejetju tega sklepa;
The Commission considers that the above measures relate to the operation of a complex which does not classify as general infrastructure, and that the measures were not triggered by expectations that the state contribution would yield a market-conform return.
tudi če se bo transakcija končala pozneje, bo v vmesnem času kupec nadzoroval podjetje, ki bo lastnik sredstev, saj bo imel v lasti veliko večino delnic, preostala sredstva pa bodo v lasti skrbnika, ki je neodvisen od upravičencev do pomoči in mu ni treba upoštevati navodil njihovih upnikov;
The Commission thus considers that there is State aid for the construction and operation of the above facilities, which benefits their operator, i.e. NG in particular.
da bodo upravičenci dokončno izstopili s trga in ne bodo opravljali nobene dejavnosti ali prejemali denarnih tokov.
The Commission also considers that the State aid element is the difference between the appropriate market price of the loan or guarantee and the actual price paid for that measure, whereas the aid beneficiaries were in so severe difficulties that they would not find any financing in the market and hence the advantage from the aid is equal to the full amount of the measures in question.
Likvidirani bodo takoj, ko se poravnajo njihove terjatve in obveznosti ter se opravijo potrebne formalnosti (glej uvodno izjavo 55).
Conclusion on existence of State aid
Komisija ugotavlja tudi, da so ponudbe drugih ponudnikov, ki so se uvrstili ali skoraj uvrstili v končno fazo razpisnega postopka, vsebovale podobne pogoje [179].
In light of the above, the Commission considers that part of measure 2 (loans granted by NG to FSZ), as well as measures 8, 11 and 15 do not constitute State aid, whereas measure 1, part of measure 2 (loans granted by NG to EWN, MAN, TTI, Camp4Fun, BWN1, BWNB and BWN2), as well as measures 3 to 7, 9 to 10, 12 to 14, and 16 to 19 constitute State aid within the meaning of Article 107(1) TFEU.
Na podlagi navedenega Komisija ugotavlja, da ni nobene namere ali tveganja za izogibanje vračilu in da je edini namen zadevne ureditve zagotoviti nadzorovano likvidacijo podjetij.
UNLAWFUL AID
Pritožbe prvega in drugega pritožnika
Measure 1, part of measure 2 (loans granted by NG to EWN, MAN, TTI, Camp4Fun, BWN1, BWNB and BWN2), as well as measures 3 to 7, 9 to 10, 12 to 14, and 16 to 19 constituting aid have been granted in breach of the notification and stand-still obligations established in Article 108(3) TFEU.
Na podlagi informacij, ki so jih zagotovili stečajna upravitelja ter prvi, drugi, tretji in četrti pritožnik, Komisija meni, da trditve prvega in drugega pritožnika niso utemeljene.
Thus, the Commission considers that these measures qualify as unlawful State aid.
Sredstva Nürburgringa so bila razdeljena na enajst posameznih sredstev.
COMPATIBILITY OF THE AID
Na podlagi dokazov, ki so jih predložili stečajna upravitelja ter prvi, drugi, tretji in četrti pritožnik, Komisija ugotavlja, da so lahko ponudniki v odprtem, preglednem in nediskriminatornem izbirnem postopku predložili ponudbe za eno, več ali vsa sredstva.
Inasmuch as certain measures constitute State aid within the meaning of Article 107(1) TFEU, their compatibility must be assessed in light of the exceptions laid down in paragraphs 2 and 3 of that Article.
Dejstvo, da so bila na koncu vsa sredstva prodana podjetju Capricorn kot kupcu, ki je predložil najvišjo ponudbo z zagotovljenim financiranjem, samo po sebi ne dokazuje gospodarske kontinuitete (glej tudi oddelek 6.2.7).
According to the case-law of the Court of Justice, it is up to the Member State to invoke possible grounds of compatibility and to demonstrate that the conditions for such compatibility are met [163].
Komisija poleg tega domneva, da je bil osnovni cilj prvega in drugega pritožnika preprečiti prenos dirkališča na zasebnega vlagatelja.
Given that the measures constitute State aid, and since NG, MSR and CMHN have been firms in difficulty since 2002, 2007 and 2008, respectively, the Commission observes that the measures in question should be assessed with regards to their compatibility only under Article 107(3)(c) TFEU and in particular under the R&R Guidelines.
Ponudniki, kot je drugi pritožnik, ki so predložili ponudbe samo za posamezne skupine sredstev, niso bili obveščeni o podaljšanju roka za oddajo zavezujočih ponudb do 17. februarja 2014, saj njihove okvirne ponudbe zaradi nizkih ponujenih cen niso bile sprejete v drugo fazo izbirnega postopka;
Consequently, the Commission considers that aid to firms in difficulty may contribute to the development of economic activities without adversely affecting trade to an extent contrary to the Community interest only if the conditions set out in these Guidelines are met.’
Komisija meni, da je smiselno in učinkovito, da so dostop do podrobnih informacij o sredstvih (na podlagi katerih so lahko ponudniki med drugim ocenili potrebe po prihodnjih naložbah) dobili samo ponudniki, ki so predložili dovolj visoko ponudbo.
Contrary to what Germany claims, the exception laid down in Article 106(2) TFEU is not applicable in the case at hand, because the supported operations cannot be considered as services of general economic interest, since they manifestly constitute operations of commercial nature offered in sectors which are subject to competition.
Ob upoštevanju informacij, ki so bile ponudnikom zagotovljene v različnih fazah, Komisija meni tudi, da so prejeli dovolj informacij za pripravo ponudb.
The exception laid down in Article 107(3)(b) TFEU is not applicable either, since the project and the companies supported through the measures under scrutiny cannot be considered as an important project of common European interest, and Germany was not facing a serious disturbance in its economy.
Poleg tega prvi in drugi pritožnik nista opredelila nobenih konkretnih informacij, ki bi ju lahko ovirale pri oddaji ponudbe.
Finally, the exception laid down in Article 107(3)(d) TFEU is not applicable either, because the aided activities are obviously not related to culture or heritage conservation
V zvezi z dolgoročnimi pogodbenimi razmerji, na katera naj bi namigovala razpisna dokumentacija, Komisija ugotavlja, da se v obravnavanem primeru prodaje sredstev pogodbe o zaposlitvi in najemne pogodbe prenesejo samo v primerih, predvidenih v zakonodaji, da se pogodbe o organizaciji dogodkov načeloma ohranijo le, če se s tem strinjata obe pogodbeni stranki, in da te pogodbe nimajo nujno velikega gospodarskega pomena za prodajo sredstev.
In the case at hand, the relevant conditions of the R&R Guidelines (Sections 3.1 and 3.2) for rescue and/or restructuring aid are not fulfilled.
V zvezi z vprašanjem, ali je bila z delovanjem družbe NBG dodeljena nova pomoč, Komisija ugotavlja, da sta stečajna upravitelja to družbo ustanovila na začasni podlagi in da naj bi družba delovala do konca leta 2014 kot sredstvo za upravljanje sredstev med postopkom zaradi insolventnosti in razpisnim postopkom.
Indeed, the measures were not terminated after 6 months and Germany did not notify a restructuring plan within the meaning of the R&R Guidelines.
Upravljanje poslov prek začasne hčerinske družbe insolventnega podjetja v postopku zaradi insolventnosti je dovoljeno v skladu z nacionalno zakonodajo, zato stečajnima upraviteljema ni mogoče prepovedati uporabe te možnosti.
Finally, there is no evidence that the aid was limited to the minimum necessary, notably through a significant own contribution of the aid beneficiary.
V obravnavanem primeru sta stečajna upravitelja tudi utemeljila gospodarske razloge za obstoj družbe NBG z vidika podjetij NG, MSR in CMHN, saj je ustanovitev te družbe po njunih navedbah povečala vrednost sredstev podjetij NG, MSR in CMHN ter s tem povečala predmet likvidacije.
The authorities did not provide a liquidation plan either.
Vendar Komisija opozarja na okoliščine ustanovitve NBG, tj. da je NBG hčerinska družba upravičencev do pomoči NG, MSR in CMHN ter njihova gospodarska naslednica, saj je brez razpisa ali poročila o vrednotenju prejela vsa njihova sredstva in obveznosti in zanje ni plačala nič, zaposluje isto osebje kot navedena podjetja in nadaljuje njihovo poslovanje.
The Commission has not identified any other possible compatibility grounds for the measures [164].
Na tej podlagi Komisija ugotavlja, da obstaja gospodarska kontinuiteta med družbo NBG ter upravičenci NG, MSR in CMHN, zato je treba morebitno nezdružljivo pomoč v korist podjetij NG, MSR in CMHN izterjati tudi od družbe NBG.
Indeed, in the case at hand, the beneficiaries were in difficulty at the time of the granting of the measures, and therefore they are excluded from the application of any compatibility basis other than the R&R Guidelines.
Komisija meni, da je bila pogodba med družbo NBG in sindikatom ver.di prav tako sklenjena za zagotovitev nadaljevanja poslovanja družbe NBG do prodaje sredstev in ne za zagotovitev gospodarske kontinuitete Nürburgringa po navedeni prodaji.
In light of the above, the Commission considers measure 1, part of measure 2 (loans granted by NG to EWN, MAN, TTI, Camp4Fun, BWN1, BWNB and BWN2), as well as measures 3 to 7, 9 to 10, 12 to 14, and 16 to 19 as incompatible with the TFEU.
Pogodbe o zaposlitvi se prenesejo s podjetja NBG na podjetje Capricorn zaradi določb nemškega delovnega prava in ne zaradi pogodbe s sindikatom.
RECOVERY
Komisija meni, da je glede odsotnosti gospodarske kontinuitete med prodajalci in podjetjem Capricorn pomembno le, da se lahko to podjetje povsem svobodno odloči, katerih pogodb družbe NBG o zaposlitvi ne bo prevzelo, in da podjetje načrtuje, da ne bo prevzelo približno 20 % teh pogodb o zaposlitvi.
According to the TFEU and the Court's established case-law, the Commission is competent to decide that the Member State concerned must abolish or alter aid when it has found that it is incompatible with the internal market [165].
Komisija zato zavrača pritožbe prvega in drugega pritožnika kot neutemeljene, saj so bila zadevna sredstva prodana ponudniku, ki je predložil najvišjo ponudbo, vključno z dokazom o financiranju, na podlagi odprtega, preglednega, nediskriminatornega in brezpogojnega razpisnega postopka.
The Court has also consistently held that the obligation on a Member State to abolish aid regarded by the Commission as being incompatible with the internal market is designed to re-establish the previously existing situation [166].
Pritožba tretjega pritožnika
In this context, the Court has established that this objective is attained once the recipient has repaid the amounts granted by way of unlawful aid, thus forfeiting the advantage which it had enjoyed over its competitors on the market, and the situation prior to the payment of the aid is restored [167].
Zlasti je treba omeniti, da:
In line with the case-law, Article 14(1) of Council Regulation (EC) No 659/1999 [168] laid down that ‘where negative decisions are taken in cases of unlawful aid, the Commission shall decide that the Member State concerned shall take all necessary measures to recover the aid from the beneficiary […].’
je tretji pritožnik v svojem elektronskem pismu z dne 21. februarja 2014 izrazil svoje prepričanje, da bo vse zavezujoče finančne zaveze pridobil v naslednjih dveh do petih tednih;
Thus, given that the measures at hand were not notified to the Commission in violation of Article 108 TFEU and are, therefore, to be considered as unlawful and incompatible aids, they must be recovered in order to re-establish the situation that existed on the market prior to their granting.
Namesto tega je prodajalcem predložil le (a) končno ponudbo, v kateri se je skliceval na zavezo k zagotovitvi 30 milijonov EUR, vendar ponudba ni vsebovala dokaza o tej zavezi, npr. v obliki zavezujočega pisma konkretnega finančnega partnerja o financiranju, in ni vključevala podrobnosti o časovnem okvirju, ki ga je tretji pritožnik predvidel za pridobitev manjkajočih zavez glede financiranja in za pripravo končne ponudbe v zvezi s poslovnimi pogoji;
Recovery should cover the time from when the advantage accrued to the beneficiary, that is to say when the aids were put at the disposal of the beneficiary, until effective recovery, and the sums to be recovered should bear interest until effective recovery.
nepodpisano pismo o financiranju s strani neimenovanega vlagatelja, ki je bilo pogojeno z zadovoljivim izidom skrbnega pregleda in predložitvijo končne dokumentacije (pismo […] z dne 31. marca 2014).
The Commission notes that certain aid beneficiaries (NG, MSR, CMHN, CST [169], IPC) are in insolvency proceedings [170].
Komisija ugotavlja tudi, da ni dokaza, da je bila domnevna zaveza podjetja Jupiter Financial Group glede financiranja z dne 26. marca 2014, predložena prodajalcem.
In line with a well-established case-law, the fact that a beneficiary is insolvent or subject to bankruptcy proceedings has no effect on its obligation to repay unlawful and incompatible aid [171].
Nadalje ugotavlja, da prodajalci niso podaljšali roka za predložitev dokaza o financiranju ponudbe tretjega pritožnika, ker je bilo zelo verjetno, da bi [drugi ponudnik] v primeru takega podaljšanja umaknil svojo ponudbo.