natgillin/translations-raw huggingface dataset:
Moreover, the French authorities have indicated that the Areva Group's enrichment business, housed in the subsidiary SET, already had positive net cash flow in 2016, and this trend is set to continue in the period from 2017 to 2030.
odobritve koncentracije družb EDF in Nouvel Areva NP, ki jo izda Komisija.
In this regard, SET will contribute more to restoring the viability of the rest of the Areva Group through the scheduled payment of dividends than it will benefit from the effects of the aid.
Člen 3
Nor does the Commission see any risk that EDF would favour New Areva NP to the detriment of Urenco for its supply of enriched material.
Načrt prestrukturiranja skupine Areva, kot ga je predložila Francija, se izvede v celoti.
Firstly, there will be no capital link between EDF-controlled New Areva NP and New Areva which would justify EDF favouring the latter over its competitors.
Francija predloži Komisiji polletna poročila o ustreznem izvajanju načrta prestrukturiranja, položaju skupine Areva na trgih, na katerih deluje, in izpolnjevanju zavez, ki jih je sprejela Francija v okviru tega sklepa.
The Commission notes in this regard that EDF does not appear to have favoured the Areva Group in the past, since Urenco currently satisfies a significant portion of EDF's enriched uranium requirements.
Ta poročila se zagotavljajo v celotnem obdobju prestrukturiranja od datuma obvestila o tem sklepu.
Secondly and in turn, the absence of a capital link eliminates any incentive for New Areva to offer more advantageous conditions to New Areva NP than to another customer, because it will no longer be able to partially recoup the benefits as a shareholder that it would grant as a supplier.
Prvo poročilo mora Komisija prejeti v šestih mesecih od datuma obvestila o tem sklepu.
With regard to the increase in excess capacity on the European enrichment market, the Commission notes that the French authorities have undertaken to ensure that, during the restructuring period, the Areva Group does not increase the capacity of its Georges Besse II plant, with the exception of the acquisition and installation of centrifuges planned in its existing agreements […].
Francija obvesti Komisijo ob uresničitvi enega od dveh dogodkov iz člena 2(a) tega sklepa.
Furthermore, the Areva Group has not expanded this activity in the past decade […].
V Bruslju, 10. januarja 2017
On the issue of MOX, the Commission demonstrated in recitals 356 to 360 that the divestment of New Areva NP would have adverse effects on that segment's long-term growth, thereby increasing the size of the market accessible to producers of conventional fuels, such as Urenco.
Za Komisijo
There is therefore no justification for obtaining additional measures in this market segment.
Članica Komisije
In a general sense, the Commission emphasises that the loss of synergies arising from the divestment of New Areva NP will generate opportunities for New Areva NP's competitors in the enrichment segment, especially in the specific circumstances described in recitals 353 and 360.
UL C 301, 19.8.2016, str. 2.
In the light of these factors, the Commission does not believe compensatory measures, in addition to the divestment of New Areva NP and the commitments given by France, to be justified in the enrichment segment.
Glej opombo 1.
With regard to back-end fuel-cycle operations (nuclear waste reprocessing and MOX production), the Areva Group holds a market share of around [50-100] % [60] on the reprocessing market and is currently the only company handling all spent-fuel reprocessing and recycling and MOX production operations.
Ta subjekt je opisan v uvodni izjavi 33 tega sklepa.
The restructuring aid does not create any obvious distortion of competition insofar as the Areva Group is the only operator in this segment.
Izrabljeno gorivo, odstranjeno iz jedrskega reaktorja, vsebuje 94–95 % urana (osiromašenega) in 1 % plutonija, pri čemer je oba mogoče reciklirati v „novo“ gorivo za jedrske elektrarne v obliki MOX (angl.
The Commission concedes that MOX is a competitor of conventional fuel, for which New Areva will have competition from other suppliers.
Mixed Oxyde Fuel).
However, for the reasons described in recitals 356 to 360, additional measures are not justified in this market.
V nadaljevanju sklepa izraz „dejavnost, povezana z reaktorji“ vključuje tudi proizvodnjo gorivnih elementov, razen če ni določeno drugače.
Finally, logistics and decommissioning are relatively minor markets for the Areva Group, in which it will not hold a particularly significant position after the restructuring.
Dejavnosti družb Areva NP, Areva TA in Canberra se zaradi njihove bližnje odprodaje leta 2015 niso upoštevale pri prometu skupine Areva.
As regards logistics, for example, in 2013 the Areva Group held a market share in terms of volume of around [0-50] % for the production of packaging needed for the dry storage and transportation of spent fuel (‘casks’), with the German company GNS holding [50-100] % of this market.
Ocena, izvedena konec leta 2015.
On the decommissioning market, New Areva will have a market share of approximately [0-20] % and will be in competition with a large number of other companies (Onet, Vinci, Bouygues, Westinghouse, Amec, Nukem, Iberdrola, etc.).
Zaupni podatek.
No especially obvious distortion of competition has been brought to the attention of the Commission during the investigation into these markets, on which there is no excess capacity.
Ta datum je v sporazumu imenovan „Provisional Take Over Date“.
Specific additional measures for these markets are not, therefore, justified.
Gre za datum, na katerega bo stranka prevzela elektrarno in začela proizvodnjo, pod pogojem, da bodo izpolnjeni pogoji glede razpoložljivosti in učinkovitosti iz pogodbe.
In light of the above, the Commission concludes that, following the divestment of New Areva NP by the Areva Group and the commitments given by France, no distortion of competition justifying an additional measure will exist on the markets on which the Areva Group will hold a significant position after the restructuring.
„Razmejitev“ je postopek, pri katerem se od podjetja, ki bo prodano, ločijo sredstva ali dejavnosti, ki niso vključene v prodajo, in se jim, kjer je primerno, zagotovi pravno in operativno samostojnost, ki je doslej niso imele.
Concluding its analysis of the measures taken to limit the distortions of competition created by the aid, the Commission notes the commitments given by the French authorities to comply with point 84(a) and (b) of the Guidelines.
Skupina Areva je na primer začela prenovo obratov za pretvorbo in obogatitev Comurhex II in Georges Besse II.
In this regard, point 84(a) of the Guidelines states that beneficiaries of restructuring aid must refrain from acquiring shares in any company during the restructuring period, except where indispensable to ensure the long-term viability of the beneficiary.
Ta številka ustreza bruto dolgu skupine Areva, tj. brez upoštevanja kratkoročnih denarnih sredstev.
This obligation refers to acquisitions of shares made to expand the beneficiary's presence in existing or new markets via external growth, not to the rationalisation and use of existing means of production via internal growth.
Glej sporočili za javnost družbe EDF in skupine Areva z dne 13. aprila 2016: www.edf.fr/groupe-edf/espaces-dedies/medias/tous-les-communiques-de-presse/epr-de-flamanville-etat-d-avancement-du-programme-d-essais-de-la-cuve in www.areva.com/FR/actualites-10753/epr-de-flamanville-etat-d-avancement-du-programme-d-essais-de-la-cuve.html.
The Commission believes that, in this case, the creation of production joint ventures for the sole purpose of rationalising production facilities using existing assets, rather than acquiring and jointly exploiting new assets, cannot be considered an acquisition of shares, provided that the shareholders in the joint venture do not have individual drawing rights greater than their own contributions.
Tako bo po izračunih skupine Areva in francoskih organov konec leta 2019 za družbo Nouvel Areva razmerje S&P neto dolg/dobiček pred obrestmi, davki in amortizacijo znašalo […], razmerje S&P denarni tok iz poslovanja/neto dolg pa […].
Similarly, for the purpose of implementing point 84(a) of the Guidelines in this case, the acquisition of undertakings with a view to decommissioning any assets they may hold is not considered an acquisition of shares.
Podrobnosti teh stroškov in zneska pomoči ob pokritju teh stroškov so analizirani v delu 5.2.3.2 tega sklepa.
On the decommissioning market, […] the owner of an undertaking holding assets that are to be decommissioned — such as a disused nuclear power plant — asks the service providers wishing to take on the decommissioning to form a consortium for the purpose of acquiring the undertaking and its decommissioning provisions, and to use those provisions to decommission the assets.
UL C 249, 31.7.2014, str. 1.
For the undertakings in the acquiring consortium, and especially for the Areva Group, this scenario represents a specific way of continuing to provide the services it already provides, rather than an acquisition of shares allowing the Areva Group to expand its presence via external growth.
Glej npr. Sklep Komisije (EU) 2016/2068 z dne 29. julija 2013 o državni pomoči SA.35611 (13/C), ki jo Francija namerava izvajati za skupino PSA Peugeot Citroën SA (UL L 325, 30.11.2016, str. 1).
In the light of the above, the French authorities have undertaken to ensure that, throughout the restructuring period, the Areva Group (Areva SA and New Areva) and the undertakings under its control refrain from acquiring shares, directly or indirectly, in any undertaking that is not already under its control, with the exception of the following projects:
Sklep Komisije (EU) 2015/119 z dne 29. julija 2014 o državni pomoči SA.36874 (2013/C) (ex 2013/N), ki jo Poljska namerava izvesti za LOT Polish Airlines S.A., in ukrepu SA.36752 (2014/NN) (ex 2013/CP), ki ga je Poljska izvedla za LOT Polish Airlines S.A., uvodna izjava 269 (UL L 25, 30.1.2015, str. 1); Sklep Komisije 2012/397/EU z dne 24. oktobra 2011 o Državni pomoči SA 32600 (2011/C) – Francija – Pomoč za prestrukturiranje družbe SeaFrance SA s strani družbe SNCF, uvodna izjava 155 (UL L 195, 21.7.2012, str. 1).
The Commission considers these projects essential to restoring the viability of the Areva Group, for the following reasons.
Smernice, točka 87 (poudarek so dodali francoski organi).
First of all, the Commission notes that these projects contribute EUR […] to restoring the long-term viability (2017-2025) of the Areva Group.
Sklep Komisije 2009/174/ES z dne 21. oktobra 2008 glede zadeve C35/2004 o ukrepu C 35/04 Madžarske za banko Postabank és Takarékpénztár Rt./Erste Bank Hungary Nyrt., uvodna izjava 57 (UL L 62, 6.3.2009, str. 14); Sklep Komisije 2008/214/ES z dne 18. julija 2007 o državni pomoči C 27/2004 Češke republike za GE Capital Bank a.s. in GE Capital International Holdings Corporation, ZDA, uvodna izjava 86 (UL L 67, 11.3.2008, str. 3).
Since this figure is approximately the same as the annual EBITDA during this period, the Commission feels that these projects are essential for carrying out the restructuring plan.
Sklep Komisije 2014/189/EU z dne 28. decembra 2012 o državni pomoči SA.33760 (12/N-2, 11/C, 11/N); SA.33763 (12/N-2, 11/C, 11/N); SA.33764 (12 N-2, 11/C, 11/N); SA.30521 (MC 2/10); SA.26653 (C9/09); SA.34925 (12 N-2, 12/C, 12/N); SA.34927 (12 N-2, 12/C, 12/N); SA.34928 (12 N-2, 12/C, 12/N), ki so jo Kraljevina Belgija, Francoska republika in Veliko vojvodstvo Luksemburg odobrili družbam Dexia, DBB/Belfius in DMA, uvodna izjava 213 (UL L 110, 12.4.2014, str. 1).
Furthermore, some of these projects […] relate to the mining activities of the Areva Group.
Glej zlasti Sklep Komisije z dne 19. septembra 2006 glede zadeve M.4153, Toshiba/Westinghouse, uvodne izjave 37 do 50.
In this regard, the Areva Group will be faced with the closure of a number of large mines, for example in […].
Sodba Sodišča z dne 5. junija 2012, Komisija proti družbi EDF, C-124/10P, ECLI:EU:C:2012:318, točki 84 in 104.
However, the mining business is a […] contributor to New Areva's long-term viability, as already explained in recital 371.
„Earnings before interest, taxes, depreciation and amortization“, tj. dobiček pred obrestmi, davki in amortizacijo.
Given that economic cycles in this field are extremely long, it is essential for any business wishing to remain active therein in the long term to have an ongoing portfolio of mining projects at various stages of development.
Sklep Komisije (EU) 2016/154 z dne 22. julija 2015 o državni pomoči SA.13869 (C 68/2002) (ex NN 80/2002) Prerazvrstitev v kapital v okviru računovodskih rezervacij, ustvarjenih z oprostitvijo davka za prenovo omrežja za splošno oskrbo, ki jo je Francija odobrila družbi EDF, uvodne izjave 182 do 189 (UL L 34, 10.2.2016, str. 152).
The Areva Group's mining projects included in points (a) to (d) of recital 390 are mainly aimed at replacing the capacity that will be lost […].
Glej tudi Sodbo Splošnega sodišča z dne 3. julija 2014, Kraljevina Španija in drugi proti Evropski komisiji, T-319/12, ECLI:EU:T:2014:604, točke 48 do 66.
Moreover, the development of the activities of the Areva Group […], which is pursuing an ambitious nuclear energy development strategy, is also crucial to restoring its viability.
Glej zlasti člene 1, 2 in 52 Pogodbe Euratom.
The projects in question take the form of joint ventures with the company […].
Glej Odločbo Komisije 2005/407/ES z dne 22. septembra 2004 o državni pomoči, ki jo namerava Združeno kraljestvo izvajati za družbo British Energy plc (UL L 142, 6.6.2005, str. 26) in Sklep Komisije (EU) 2015/658 z dne 8. oktobra 2014 o državni pomoči SA.34947 (2013/C) (ex 2013/N), ki jo namerava Združeno kraljestvo odobriti kot podporo za jedrsko elektrarno Hinkley Point C (UL L 109, 28.4.2015, str. 44).
Having analysed the projects […] listed under points (a), (d), (e), (g), (h), (j) and (q) of recital 390, the Commission believes that they are essential for the Areva Group's development strategy, which is itself crucial to the company's long-term viability.
Te tržne deleže je ocenila skupina Areva.
The same argument applies to the Areva Group's development projects […].[…].
Glej npr. napovedi družbe za svetovanje UxC, ki so vključene v priglasitev.
These projects […] are referred to in points (o) and (p) of recital 390.
Glej uvodno izjavo 147.
Another group of projects […] relates to […], which are dynamic markets on which the Areva Group must maintain a presence to ensure the success of its restructuring plan.
2,5 milijarde EUR za 100 % kapitala družbe Nouvel Areva NP in 60 milijonov EUR za odprodajo družbe Adwen.
These projects are referred to in points (i) to (n) of recital 390.
Ta utemeljitev temelji na predpostavki, da se bo odprodaja družbe Nouvel Areva NP družbi EDF izvedla v skladu s pogoji pogodbe o nakupu deleža z dne 15. novembra 2016.
Finally, the project referred to under point (f) of recital 390 relating to […].
Dobiček iz prodaje družbe Areva TA se ne upošteva v likvidnostnem načrtu družbe Areva SA, saj ima nevtralen učinek na likvidnostni položaj, če se bo z njim neposredno povrnilo [0–1 milijarde] EUR predujmov strank, ki jih je skupina Areva uporabila prek družbe Areva TA.
The Commission may approve any other investment that proves to be indispensable to ensure the long-term viability of the Areva Group and is not a means of bypassing the obligation to limit the Group's presence on existing markets.
http://www.areva.com/EN/news-10858/olkiluoto-3-epr-new-milestones-achieved.html
The intention to make such an acquisition and the information allowing the Commission to verify whether these conditions are met and, where applicable, approve or not oppose the acquisition must be notified to the Commission within a reasonable time frame, as part of the process for monitoring the restructuring plan.
To je skupni znesek 3,4 milijarde EUR bančnega dolga, [0–1 milijarde] EUR stroškov in rezervacij v zvezi z dejavnostmi, ki so namenjene odprodaji, in [0,5–1,5 milijarde] EUR negativnih denarnih tokov iz poslovanja, povezanih z dokončanjem projekta OL3 (brez pravnega tveganja).
Secondly, in line with point 84(b) of the Guidelines, the French authorities have undertaken to ensure that the Areva Group (Areva SA and New Areva) refrain from publicising State support as a competitive advantage when marketing its products and services.
Glede na to, ali je dodatek k ceni za družbo Nouvel Areva NP plačan ali ne.
Transparency of aid
To velja na primer za celotno nadomestilo, ki bi ga skupina Areva kot članica Konzorcija morala plačati družbi TVO po odločbi arbitražnega sodišča, pri čemer ta odločba ne posega v […].
In accordance with point 38(g) of the Guidelines, Member States, the Commission, economic operators and the public must have easy access to all relevant acts and pertinent information about the aid awarded.
Direktiva Sveta 2009/71/Euratom z dne 25. junija 2009 o vzpostavitvi okvira Skupnosti za jedrsko varnost jedrskih objektov (UL L 172, 2.7.2009, str. 18).
This means that the provisions on transparency laid down in point 96 of the Guidelines must be complied with.
Direktiva Sveta 2014/87/Euratom z dne 8. julija 2014 o spremembi Direktive 2009/71/Euratom o vzpostavitvi okvira Skupnosti za jedrsko varnost jedrskih objektov (UL L 219, 25.7.2014, str. 42).
The Commission notes that the French authorities have provided assurances that the transparency conditions laid down in point 96 of the Guidelines will be complied with.
Zaradi trajanja te zamude se odprodaja družbe Nouvel Areva NP družbi EDP ne more izvesti pred koncem leta 2017, torej po koncu obravnave, ki traja približno eno leto in pol, pri čemer se zamuda lahko skrajša v tem točnem primeru ob upoštevanju dejstva, da urad ASN že popolnoma pozna skupino EDF in skupino Areva, ki sta že operaterja osnovnih jedrskih objektov v Franciji, kar pa ne velja za drugega morebitnega kupca.
In particular, the French authorities undertake to publish and make publicly available the information outlined in the communication [61] on transparency.
Glej člen 4 Odloka št. 2007-1557 z dne 2. novembra 2007 o osnovnih jedrskih objektih in nadzoru področja jedrske varnosti, prevoza radioaktivnih snovi.
This information will be available at https://www.legifrance.gouv.fr or at http://www.economie.gouv.fr/agence-participations-etat.
Na podlagi podatkov, pridobljenih iz računov iz leta 2014, ki jih je objavila skupina Areva: Dobiček pred obrestmi, davki in amortizacijo 711 milijonov EUR in neto dolg 5,8 milijarde EUR.
COMMITMENTS GIVEN BY FRANCE
Razlika med tema dvema zneskoma se pojavi zaradi dodatka k ceni, ki bi ga lahko plačala družba EDF za pridobitev družbe Nouvel Areva NP pod določenimi pogoji.
The Commission notes the commitments given by France under this procedure.
Manjšinski delničarji v padajočem zaporedju pomembnosti so KIA (Kuwait Investment Authority) (5 %), javnost (4 %), EDF (2 %), zaposleni (1 %), Total (1 %) in Areva (< 1 %).
The French authorities have undertaken to ensure that:
Eurodif je hčerinsko podjetje skupine Areva, odgovorno za dejavnost pretvorbe.
the Areva Group's divestment of its reactors business is total, which means that Areva SA and New Areva will no longer have any capital link with New Areva NP following the notified restructuring plan.
Glej npr. Sklep (EU) 2016/2068.
during the restructuring period, the Areva Group does not increase the capacity of the Georges Besse II plant, with the exception of the acquisition and installation of centrifuges planned under its existing agreements […];
Uredba Sveta (ES) št. 139/2004 z dne 20. januarja 2004 o nadzoru koncentracij podjetij (Uredba ES o združitvah) (UL L 24, 29.1.2004, str. 1).
Areva SA does not carry out any activities other than those specifically set out in the restructuring plan notified to the Commission;
Predvsem: Areva TA, Canberra, Adwen, Elta.
during the restructuring period, EDF-controlled New Areva NP and New Areva do not enter into any strategic partnership or other framework agreement for commercial cooperation aimed at favouring New Areva in situations where New Areva NP wishes to provide a customer with an integrated offering alongside a supplier of nuclear material, in the markets identified in recitals 344 and 347 (supply of fuel assemblies and construction of new reactors).
Ta hčerinska podjetja skupaj predstavljajo okoli 5 % bilance stanja skupine Areva pred prestrukturiranjem in zanemarljiv del prometa skupine Areva, predvidena državna pomoč pa predstavlja skoraj 20 % bilance stanja z dne 31. decembra 2015 in znesek polletnega prometa pred prestrukturiranjem.
This commitment does not prevent New Areva and New Areva NP from formulating joint bids, provided that New Areva was selected on the basis of commercial and technical criteria.
Vrednotenje družbe Areva NP, ki ga je januarja 2016 izvedla banka Société Générale.
during the restructuring period, the Areva Group (Areva SA and New Areva) and the undertakings under its control refrain from acquiring shares, directly or indirectly, in any undertaking that is not already under its control, with the exception of the projects referred to in recital 390.
Samo zaradi projekta OL3, prvega primerka s tehnologijo EPR, je nastalo približno 5,5 milijarde EUR izgube ob zaključku projekta.
This commitment does not apply to acquisitions of shares by New Areva and the companies it controls directly or indirectly, for the purposes of the financial management of (i) the decommissioning funds that the Areva Group is required to manage pursuant to a legal or regulatory requirement; (ii) the Areva Group's staff pension funds; (iii) its cash investments.
Decembra 2016 se je družba Urenco lahko sklicevala na oceno BBB+ (S&P).
the Areva Group (Areva SA and New Areva) refrain from publicising State support as a competitive advantage when marketing its products and services.
Skupina CNNC in družba Centrus (nekdanja družba Usec) imata tržna deleža v višini [0–20] %, pri čemer družba Centrus ne deluje več kot proizvajalec, temveč le kot borzni trgovec.
CONCLUSIONS
Te tržne deleže je ocenila skupina Areva.
The subscription by the French State to the capital injections in Areva SA and New Areva constitute State aid for restructuring of EUR 4,5 billion.
Ta tržni delež je ocenila skupina Areva.
This aid will comply with the criteria set out in the Guidelines and will therefore be compatible with the internal market when the existence of a real and actual own contribution at least equal to half the restructuring costs has been confirmed, i.e. when the conditions precedent identified in recital 318 and described in Article 2 of this Decision are lifted.
UL C 198, 27.6.2014, str. 30.
It follows that the aid cannot be implemented until these two conditions are met,
Sklep Komisije o začetku postopka (v nadaljnjem besedilu: sklep o začetku postopka) je bil v Uradnem listu Evropske unije [2] objavljen 19. avgusta 2016.
HAS ADOPTED THIS DECISION:
Komisija je pozvala zainteresirane strani, naj predložijo svoje pripombe o pomoči.
Article 1
Njen skupni promet je leta 2015 znašal 8,2 milijarde EUR v primerjavi z 8,3 milijarde EUR leta 2014.
The State aid of EUR 4,5 billion that France plans to implement in favour of the Areva Group is compatible with the internal market pursuant to Article 107(3) of the Treaty on the Functioning of the European Union and the conditions laid down in Article 2 of this Decision.
Vendar je v skladu s standardom MSRP 5 o dejavnostih, ki so namenjene odprodaji ali opustitvi [6], objavljeni promet skupine Areva znašal 4,2 milijarde EUR.
Article 2
Težave skupine Areva v prvi vrsti izvirajo iz posledic nenadnega preobrata na jedrskem trgu ter poslabšanja gospodarskih in finančnih razmer od leta 2008.
The implementation of the aid referred to in Article 1 of this Decision is conditional on the following being obtained:
Poleg tega je skupina Areva zabeležila znatne izgube pri omejenem številu industrijskih projektov.