natgillin/translations-raw huggingface dataset:
Profitability, cash flow, investments, return on investment and ability to raise capital
V skladu s tem je v primeru razveljavitve ukrepov zaradi gospodarske koristi izkoriščanja neizkoriščene proizvodne zmogljivosti v LRK (glej uvodne izjave 154 do 158) verjetno, da bi kitajski proizvajalci izvozniki na trgu Unije premazani fini papir ponujali po subvencioniranih cenah, s čimer bi izvajali pritisk na cene in dobičkonosnost industrije Unije.
Profitability, cash flow, investments and return on investment developed over the period considered as follows:
Preiskava je pokazala (glej uvodno izjavo 218), da je industrija Unije v ranljivem položaju.
Table 10
Potrdila je tudi ugotovitve iz prvotne preiskave, da je zaradi kapitalske intenzivnosti proizvodnega procesa velika izkoriščenost zmogljivosti pomemben dejavnik za dolgoročno sposobnost preživetja proizvajalcev papirja.
Profitability, cash flow, investments and return on investments
Industrija Unije je lahko zaradi odsotnosti subvencioniranega uvoza v obravnavanem obdobju zvišala cene premazanega finega papirja nad raven pokritja stroškov, financirala prestrukturiranje in povišala stopnjo izkoriščenosti proizvodne zmogljivosti.
Profitability of sales in the Union to unrelated customers (% of sales turnover)
Če bi se subvencionirani uvoz in s tem povezani pritisk na cene znova pojavila, bi se ta pozitivni razvoj obrnil, saj bi bila zaradi njiju industrija Unije prikrajšana za denarni tok, ki ga potrebuje za financiranje prizadevanj, da bi se s prestrukturiranjem prilagodila vse manjšemu svetovnemu povpraševanju po premazanem finem papirju.
Cash flow (EUR)
Ogroženi bi bili tudi pozitivni učinki preteklih prizadevanj za prestrukturiranje, posledično pa bi se poslabšali vsi kazalniki škode.
Investments (EUR)
Komisija je zato sklenila, da bi se ob razveljavitvi izravnalnih ukrepov za uvoz premazanega finega papirja iz LRK škoda po vsej verjetnosti ponovila.
Return on investments (%)
INTERES UNIJE
The Commission established the profitability of the Union industry by expressing the pre-tax net profit of its sales of CFP to unrelated customers in the Union as a percentage of the turnover of those sales.
Komisija je v skladu s členom 31 osnovne uredbe proučila, ali bi bila ohranitev obstoječih ukrepov proti LRK v nasprotju z interesom Unije kot celote.
During the period considered the Union industry increased its profitability from around 0,7 % to 2,3 %.
Določitev interesa Unije je temeljila na proučitvi vseh različnih zadevnih interesov, vključno z interesi industrije Unije, uvoznikov in uporabnikov.
It is noted that in the original investigation, the target profit for the industry was established at 8 % [50].
Interes industrije Unije
2014 was the best year, when the profitability of the Union industry reached 5 % mainly due to lower costs of raw materials, especially pulp, but also due to positive effects of the restructuring efforts and increase in efficiency.
V preiskavi je bilo ugotovljeno, da so obstoječi ukrepi industriji Unije omogočili, da si opomore od preteklega subvencioniranja, ohranja cene premazanega finega papirja nad ravnjo pokritja stroškov in izboljša svojo finančno uspešnost.
During the review investigation period, the profitability was negatively affected by the falling exchange rate of the British pound versus euro.
Ta pozitivna gibanja so posledično industriji Unije omogočila, da se je soočila z izzivi zaradi vse manjšega povpraševanja po premazanem finem papirju, in sicer tako, da je izvedla dolgoročne načrte prestrukturiranja, vključno z zaprtjem nekaterih papirnic in preusmeritvijo drugih papirnic v proizvodnjo drugih vrst papirja.
The net cash flow is the ability of the Union industry to self-finance its activities.
Brez pritiska subvencioniranega uvoza iz LRK na cene bo lahko industrija Unije ohranila cene premazanega finega papirja nad ravnjo pokritja stroškov, ustvarila dohodek, ki ga potrebuje za financiranje svojih prizadevanj za prestrukturiranje, in se prilagodila izzivom zaradi vse manjšega povpraševanja po premazanem finem papirju.
During the period considered cash flow was positive and to a large extent its trend reflected the evolution of profitability, with 2014 being the best year.
Komisija je na podlagi tega sklenila, da bi bilo nadaljevanje veljavnih izravnalnih ukrepov v interesu industrije Unije.
In view of the falling demand for CFP both in the Union and abroad, during the period considered the Union industry did not invest in new capacity and overall the level of investments decreased by 15 %.
Interes nepovezanih uvoznikov/trgovcev
The investments made were focused on maintenance, capital replacement, improving energy efficiency, and on measures aimed at complying with environmental protection standards.
V preiskavi ni sodeloval noben uvoznik/trgovec.
The return on investment consists of the profit expressed as a percentage of the net book value of the fixed assets.
Komisija je na podlagi dejstva, da v obravnavanem obdobju praktično ni bilo uvoza premazanega finega papirja iz LRK, sklenila, da uvoz zadevnega izdelka ne predstavlja velikega deleža poslovnih dejavnosti uvoznikov/trgovcev in da noben dejavnik ne kaže na to, da bi ohranitev ukrepov nanje nesorazmerno vplivala.
Its development during the period considered was influenced by both the decreasing net asset value and the evolution of profitability, which explains the negative results in 2013 and the much better results in 2014 and in the review investigation period.
Interes uporabnikov
Given the cost of existing debt, relatively low profitability of the Union industry and continuously falling demand for CFP, the Union industry's ability to raise capital has improved compared to the original investigation, but remains restricted.
V preiskavi ni sodeloval noben posamezni uporabnik.
Conclusion on the situation of the Union industry
Komisija je prejela pisno predložitev združenja tiskarske industrije (Intergraf), ki so jo podprla tri druga združenja (BPIF, Gratkom in Bundesverband Druck und Medien).
During the period considered injury indicators showed a mixed picture.
V predložitvi je bilo pojasnjeno, da se tiskarska industrija Unije sooča z nadomeščanjem tiskanih medijev z digitalnimi in obsežnim uvozom tiskanih izdelkov, zlasti iz LRK.
While financial performance indicators, such as profitability, cash flow and return on investment, improved, volume indicators, such as production and sales, continued to decline.
Trditev je nakazovala, da protidampinški ukrepi slabijo konkurenčnost tiskarjev Unije, za katero bi bil potreben brezcarinski dostop do papirja.
The improvement of financial performance indicators was the result of both the drop in raw materials prices in 2014 and the Union producers' restructuring efforts aimed at cutting production capacity and improving efficiency.
Edini dokaz, ki je bil predložen v zvezi s trditvijo o obsežnem uvozu, je bila ocena celotnega uvoza tiskanih izdelkov s poreklom iz LRK, med katerimi je veliko tiskanih izdelkov, ki niso natisnjeni na premazanem finem papirju.
The negative trends in production and sales volumes were the result of the continuously falling demand for CFP both in the Union and abroad that required the Union industry to continue with restructuring, including closing certain paper mills and converting others for the production of other types of paper.
Komisija na podlagi razpoložljivih informacij ni mogla oceniti, kolikšen del izdelkov, uvoženih iz LRK, je natisnjen na premazanem finem papirju in kaj je natisnjeno na drugih vrstah papirja.
The foreseen further decrease in demand for CFP in the next 5-10 years supports the conclusion that the situation of the Union industry will remain challenging, and further decreases in production and production capacity will have to take place.
V prvotni preiskavi je bilo ugotovljeno, da je večina izdelkov, ki so natisnjeni na premazanem finem papirju, „časovno občutljivih“, kot so revije, brošure, direktna pošta in priloge, ki zaradi časa, ki je potreben za prevoz, ne dopuščajo uvoza iz LRK v tolikšni meri.
The investigation confirmed that the measures imposed by the original investigation have had a positive impact on the Union industry, which regained its market share and was able to raise their CFP prices to above cost-covering level as well as to finance its restructuring activities.
Informacije, ki jih je vložnik predložil v tem pregledu, so potrdile, da ugotovitve iz prvotne preiskave še vedno veljajo.
On the basis of the above, the Commission concludes that the Union industry did not suffer material injury within the meaning of Article 8(4) of the basic Regulation.
Komisija je zato sklenila, da se zaradi protidampinških in izravnalnih dajatev določeno tiskano gradivo verjetno tiska na premazanem finem papirju zunaj Unije, vendar je njegov učinek na gospodarski položaj tiskarske industrije Unije majhen.
Nevertheless, in view of the continuously declining demand for CFP and the related high restructuring costs, both of which had a significant bearing on its profitability, it is in a vulnerable situation.
Sklep o interesu Unije
Likelihood of recurrence of injury
Komisija je na podlagi navedenega sklenila, da v okviru interesa Unije ni utemeljenih razlogov, ki bi nasprotovali podaljšanju sedanjih izravnalnih ukrepov za uvoz iz LRK.
In recital (171) above, the Commission concluded that the repeal of the measures would result in the recurrence of subsidised exports of CFP from the PRC to the Union.
SKLEP IN RAZKRITJE
In recital (181) the Commission found that during the review investigation period the prices of the Chinese exports of CFP to markets located close to the Union were lower than the ones charged by the Union industry in the Union.
Vse zainteresirane strani so bile obveščene o bistvenih dejstvih in premislekih, na podlagi katerih je bila predvidena ohranitev veljavnih izravnalnih ukrepov.
As a result, the Commission concluded that, should measures be allowed to lapse, the Chinese producing exporters would likely undercut the prices of the Union industry in the Union market.
Odobreno jim je bilo tudi enajstdnevno obdobje po razkritju, v katerem so lahko predložile pripombe.
In addition, as mentioned in recital (166), the Union market is the largest CFP market in the world.
Le vložnik je poslal pripombe v podporo ugotovitvam Komisije in predlogu za ohranitev veljavnih izravnalnih ukrepov.
Indeed, its overall size and the existence of large CFP buyers make it very attractive to Chinese CFP producers, because such large deliveries would allow them to utilize more of the (now spare) production capacity, which in turn would lower unit production costs.
Iz navedenega sledi, da bi bilo treba v skladu s členom 18 osnovne uredbe ohraniti izravnalne ukrepe, ki se uporabljajo za uvoz nekaterih vrst premazanega finega papirja s poreklom iz LRK in so bili uvedeni z Izvedbeno uredbo (EU) št. 452/2011.
Accordingly, if measures were repealed, given the economic benefits of utilizing spare production capacity in the PRC (see recitals (154) to (158), it is likely that the Chinese exporting producers would offer CFP at subsidised prices in the Union market, putting pressure on Union industry prices and profitability.
Ta uredba je v skladu z mnenjem odbora, ustanovljenega s členom 15(1) Uredbe (EU) 2016/1036 Evropskega parlamenta in Sveta [51] –
The investigation has shown (see recital (218)) that the situation of the Union industry is vulnerable.
SPREJELA NASLEDNJO UREDBO:
The investigation has also confirmed the findings of the original investigation that high capacity utilisation is an important factor in the long-term viability of paper producers because the production process is capital-intensive.
Člen 1
The absence of subsidised imports during the period considered allowed the Union industry to raise CFP prices to above cost-covering levels, to finance restructuring and to raise the production capacity utilization rate.
Uvede se dokončna izravnalna dajatev na premazani fini papir, tj. na eni ali obeh straneh premazan papir ali karton (razen kraft papirja ali kraft kartona) v listih ali zvitkih, mase med 70 g/m2 in 400 g/m2 in beline nad 84 (merjeno v skladu z ISO 2470-1), ki se trenutno uvršča v oznake KN ex48101300, ex48101400, ex48101900, ex48102200, ex48102930, ex48102980, ex48109910 in ex48109980 (oznake TARIC 4810130020, 4810140020, 4810190020, 4810220020, 4810293020, 4810298020, 4810991020 in 4810998020), s poreklom iz Ljudske republike Kitajske.
Any recurrence of subsidised imports and resulting price pressure would reverse these positive developments, as they would deprive the Union industry from the cash flow necessary to finance restructuring efforts to adapt to declining world demand for CFP.
Dokončna izravnalna dajatev se ne nanaša na zvitke, primerne za uporabo na strojih za rotacijski tisk.
It would also undermine the positive effects of past restructuring efforts and lead to the deterioration of all injury indicators.
Dokončna izravnalna dajatev se ne nanaša na večplastni papir in večplastni karton.
Therefore, the Commission concludes that the repeal of the countervailing measures on imports of CFP from the PRC would in all likelihood result in a recurrence of injury.
Stopnja dajatve, veljavne za neto ceno franko meja Unije pred plačilom dajatve, za izdelke, opisane v odstavku 1 in proizvedene v spodaj navedenih družbah, znaša:
UNION INTEREST
Družba
In accordance with Article 31 of the basic Regulation, the Commission examined whether maintaining the existing measures against the PRC would be against the interest of the Union as a whole.
Stopnja dajatve
The determination of the Union interest was based on an appreciation of all the various interests involved, including those of the Union industry, importers, and users.
Dodatna oznaka TARIC
Interest of the Union industry
Gold East Paper (Jiangsu) Co., Ltd, Zhenjiang City, Jiangsu Province, LRK; Gold Huasheng Paper (Suzhou Industrial Park) Co., Ltd, Suzhou City, Jiangsu Province, LRK
The investigation found that the existing measures had allowed the Union industry to recover from past subsidisation, keep CFP prices above cost-covering levels and improve its financial performance.
Shangdong Chenming Paper Holdings Limited, Shouguang City, Shandong Province, LRK; Shouguang Chenming Art Paper Co., Ltd, Shouguang City, Shandong Province, LRK
In turn, these positive trends had allowed the Union industry to cope with the challenges created by the continuously falling demand for CFP by carrying out long term restructuring plans, including the closure of some paper mills and the conversion of others for the production of other types of paper.
Vse druge družbe
Without the price pressure from subsidised imports from the PRC, the Union industry will be able to keep CFP prices above cost-covering levels, generate the necessary income to finance its restructuring efforts and adjust to the challenges created by the continuously falling demand for CFP.
Če ni določeno drugače, se uporabljajo veljavni carinski predpisi.
On this basis, the Commission concluded that the continuation of the countervailing measures in force would be in the interest of the Union industry.
Člen 2
Interest of unrelated importers/traders
Ta uredba začne veljati dan po objavi v Uradnem listu Evropske unije.
There was no cooperation from importers/traders.
Ta uredba je v celoti zavezujoča in se neposredno uporablja v vseh državah članicah.
Based on the fact that during the period considered there were almost no imports of CFP from the PRC, the Commission concluded that imports of the product concerned do not represent a major proportion of the business activities of importers/traders and that there were no factors suggesting that they would be disproportionally affected if measures were maintained.
V Bruslju, 3. julija 2017
Interest of users
Za Komisijo
There was no cooperation from any individual users.
Predsednik
The Commission received a written submission from an association of the printing industry (Intergraf), supported by three other associations (BPIF, Gratkom, and Bundesverband Druck und Medien).
UL L 176, 30.6.2016, str. 55.
The submission explained that the Union's printing industry was suffering from the replacement of paper media with digital media, as well as from massive imports of printed products, in particular, from the PRC.
Izvedbena uredba Sveta (EU) št. 452/2011 z dne 6. maja 2011 o uvedbi dokončne protisubvencijske dajatve na uvoz premazanega finega papirja s poreklom iz Ljudske republike Kitajske (UL L 128, 14.5.2011, str. 18).
The implication of the claim was that anti-dumping measures undermined the Union printers' competitiveness which requires duty-free access to paper.
Izvedbena uredba Sveta (EU) št. 451/2011 z dne 6. maja 2011 o uvedbi dokončne protidampinške dajatve in dokončnem pobiranju začasne dajatve, uvedene na uvoz premazanega finega papirja s poreklom iz Ljudske republike Kitajske (UL L 128, 14.5.2011, str. 1).
The only evidence submitted relating to the claim of massive imports was an estimate of total imports of printed products originating in the PRC, which include a large variety of print products that are not printed on CFP.
Zadevi T-443/11 in T-444/11.
Based on the information available, the Commission could not assess what part of the products imported from the PRC was printed on CFP and what was printed on other types of paper.
UL C 280, 25.8.2015, str. 8.
The original investigation found that most products that are printed on CFP are ‘time sensitive’ products, such as magazines, brochures, direct mail and inserts that are less susceptible to being imported from the PRC because of the time needed for transportation.
Obvestilo o začetku pregleda zaradi izteka izravnalnih ukrepov za uvoz nekaterih vrst premazanega finega papirja s poreklom iz Ljudske republike Kitajske (UL C 172, 13.5.2016, str. 19).
Information submitted by the applicant in this review confirmed that the findings of the original investigation were still valid.
Obvestilo o začetku pregleda zaradi izteka protidampinških ukrepov za uvoz nekaterih vrst premazanega finega papirja s poreklom iz Ljudske republike Kitajske (UL C 172, 13.5.2016, str. 9).
Accordingly, the Commission concluded that while it is likely that some print materials are printed on CFP outside the Union because of anti-dumping and countervailing duties, their impact on the economic situation of the Union's printing industry is limited.
Uredba Sveta (ES) št. 1225/2009 z dne 30. novembra 2009 o zaščiti proti dampinškemu uvozu iz držav, ki niso članice Evropske skupnosti (UL L 343, 22.12.2009, str. 51).
Conclusion on Union interest
Skupina Sinar Mas, ki jo sestavljajo družbe Gold East Paper Co., Ltd, Gold Huasheng Paper co., Ltd. in Hainan Jinhai Pulp and Paper Co., Ltd.
On the basis of the above, the Commission concluded that there are no compelling reasons of Union interest against the extension of the current countervailing measures on imports from the PRC.
WT/DS437/AB/R (ZDA – Ukrepi izravnalnih dajatev na nekatere izdelke iz Kitajske), poročilo pritožbenega organa z dne 18. decembra 2014, točki 4.178 in 4.179.
CONCLUSION AND DISCLOSURE
V tem poročilu pritožbenega organa sta bili citirani poročilo pritožbenega organa z dne 29. novembra 2005 v zadevi WT/DS295/AB/R (Mehika – Dokončni protidampinški ukrepi za goveje meso in riž), točka 293, in poročilo pritožbenega organa z dne 8. decembra 2014 v zadevi WT/DS436/AB/R (ZDA – Izravnalni ukrepi za nekatere ploščate toplo valjane izdelke iz ogljikovega jekla iz Indije), točke 4.416 do 4.421.
All interested parties were informed of the essential facts and considerations on the basis of which it was intended to maintain the countervailing measures in force.
Izvedbena uredba Sveta (EU) št. 1239/2013 z dne 2. decembra 2013 o uvedbi dokončne izravnalne dajatve na uvoz fotonapetostnih modulov iz kristalnega silicija in njihovih ključnih sestavnih delov (tj. celic) s poreklom iz Ljudske republike Kitajske ali ki so od tam poslani (UL L 325, 5.12.2013, str. 66).
They were also granted a period of 11 days within which they could submit comments subsequent to this disclosure.
Izvedbena uredba Komisije (EU) 2017/366 z dne 1. marca 2017 o uvedbi dokončnih izravnalnih dajatev na uvoz fotonapetostnih modulov iz kristalnega silicija in njihovih ključnih sestavnih delov (tj. celic) s poreklom iz Ljudske republike Kitajske ali ki so od tam poslani po pregledu zaradi izteka ukrepov v skladu s členom 18(2) Uredbe (EU) 2016/1037 Evropskega parlamenta in Sveta in zaključku preiskave v zvezi z delnim vmesnim pregledom v skladu s členom 19(3) Uredbe (EU) 2016/1037 (UL L 56, 3.3.2017, str. 1).
Only the applicant sent comments supporting the Commission's findings and proposal to maintain the countervailing measures in force.
Izvedbena uredba Komisije (EU) št. 1379/2014 z dne 16. decembra 2014 o uvedbi dokončne izravnalne dajatve na uvoz nekaterih izdelkov iz steklenih vlaken s poreklom iz Ljudske republike Kitajske ter o spremembi Izvedbene uredbe Sveta (EU) št. 248/2011 o uvedbi dokončne protidampinške dajatve na uvoz nekaterih izdelkov iz brezkončnih steklenih vlaken s poreklom iz Ljudske republike Kitajske (UL L 367, 23.12.2014, str. 22).
It follows from the above considerations that under Article 18 of the basic Regulation, the countervailing measures applicable to imports of certain coated fine paper originating in the PRC, imposed by Implementing Regulation (EU) No 452/2011, should be maintained.
Izvedbena uredba Komisije (EU) št. 471/2014 z dne 13. maja 2014 o uvedbi dokončnih izravnalnih dajatev na uvoz solarnega stekla s poreklom iz Ljudske republike Kitajske (UL L 142, 14.5.2014, str. 23).
This Regulation is in accordance with the opinion of the Committee established by Article 15(1) of the Regulation (EU) 2016/1036 of the European Parliament and of the Council [51],
Izvedbena uredba Sveta (EU) št. 215/2013 z dne 11. marca 2013 o uvedbi izravnalne dajatve na uvoz nekaterih jeklenih izdelkov, prevlečenih z organskimi premazi, s poreklom iz Ljudske republike Kitajske (UL L 73, 15.3.2013, str. 16).
HAS ADOPTED THIS REGULATION:
Skupina APP: Sinar Mas Paper (China) Investment Co., Ltd., Gold East Paper (Jiangsu) Co., Ltd., Gold Huasheng Paper (SuZhou Industrial Park) Co., Ltd., Ningbo Zhonghua Paper Industry Co., Ltd. in Ningbo Asia Pulp & Paper Co., Ltd.
Article 1
Skupina Chenming: Shandong Chenming Paper Holdings Limited in Shouguang Chenming Art Paper Co.
A definitive countervailing duty is hereby imposed on coated fine paper, which is paper or paperboard coated on one or both sides (excluding kraft paper or kraft paperboard), in either sheets or rolls, and with a weight of 70 g/m 2 or more but not exceeding 400 g/m 2 and brightness of more than 84 (measured according to ISO 2470-1), currently falling within CN codes ex48101300, ex48101400, ex48101900, ex48102200, ex48102930, ex48102980, ex48109910 and ex48109980 (TARIC codes 4810130020, 4810140020, 4810190020, 4810220020, 4810293020, 4810298020, 4810991020 and 4810998020) and originating in the People's Republic of China.
Ltd.
The definitive countervailing duty does not concern rolls suitable for use in web-fed presses.
Kitajski 12. petletni načrt (2011–2015), sprejet 14. marca 2011.
The definitive countervailing duty does also not concern multi-ply paper and multi-ply paperboard.
Sklep št. 40 državnega sveta o razglasitvi in izvajanju začasnih določb o spodbujanju prilagajanja industrijske strukture.
The rate of duty applicable to the net free-at-Union- frontier price, before duty, for the products described in paragraph 1 and produced by the companies listed below shall be as follows:
Glej uvodne izjave 82 do 89 Izvedbene uredbe (EU) št. 452/2011.
Company
WT/DS379/AB/R (ZDA – Protidampinške in izravnalne dajatve na nekatere izdelke iz Kitajske), poročilo pritožbenega organa z dne 11. marca 2011, DS 379, točka 318.
Duty rate
Glej tudi WT/DS436/AB/R (ZDA – Ogljikovo jeklo (Indija)), poročilo pritožbenega organa z dne 8. decembra 2014, točki 4.9 in 4.10 ter točke 4.17 do 4.20, in WT/DS437/AB/R (ZDA – Ukrepi izravnalnih dajatev na nekatere izdelke iz Kitajske), poročilo pritožbenega organa z dne 18. decembra 2014, točka 4.92.
TARIC additional code
Glej pregled zaradi izteka ukrepov v zvezi s solarnimi paneli, uvodna izjava 106.