natgillin/translations-raw huggingface dataset:
According to HDS' financial statement of December 2011, its share capital was increased by EUR 158,2 million during the course of 2011.
PRIPOMBE GRČIJE
In particular, according to HDS' semi-annual report of June 2011, during the first half of 2011 there were two capital increases, namely of EUR 50,6 million (March 2011) and EUR 62,5 million (May 2011).
Razlikovanje med vojaško in civilno proizvodnjo – bistveni varnostni interesi Grčije
Given the total share capital increase of EUR 158,2 million during the course of 2011, it appeared that a third capital increase of EUR 45,1 million took place in the second half of 2011.
Grški organi so v svojih pripombah v okviru formalnega postopka preiskave trdili, da je bil cilj teh treh ukrepov le podpreti vojaško proizvodnjo družbe HDS, vsi pa so bili potrebni za zaščito bistvenih varnostnih interesov Grčije.
Only the State, as main shareholder, contributed to those capital increases.
Grški organi so predložili razčlenitev skupnih prihodkov družbe v obdobju 2004–2011, iz katere je bilo razvidno, da je 91,23 % prihodka, ki je znašal 482,4 milijona EUR, izhajalo iz naročil vojaških proizvodov, prodanih grškim oboroženim silam, oziroma je bilo povezanega z obveznostmi grških oboroženih sil ter nacionalno obrambo in varnostjo, 3,11 % prihodka je izhajalo iz naročil za izvoz vojaških proizvodov (vključno z izvozom na Ciper), 5,66 % prihodka pa iz prodaje civilnih proizvodov.
Grounds for initiating the procedure
V zvezi s civilno proizvodnjo družbe HDS so grški organi trdili, da se je izvajala na proizvodnih linijah, ki so bile fizično in organizacijsko ločene od vojaške proizvodnje ([…]), ter da je družba HDS vodila ločene račune za stroške in prihodke vojaške in civilne proizvodnje.
In the decision of 6 March 2013, the Commission preliminarily concluded that the three non-notified measures were imputable to Greece, granted through State resources and selective.
Kar zadeva vojaško proizvodnjo so grški organi trdili, da je bila neločljivo povezana z zahtevami in oskrbo grških oboroženih sil ter da se je nanašala izključno na proizvode s seznama orožja, streliva in vojaških sredstev, ki ga je leta 1958 pripravil Svet (v nadaljnjem besedilu: seznam Sveta iz leta 1958).
Furthermore, they had the potential to distort competition and affect intra-community trade.
V zvezi s tem je Grčija predložila povzetek vseh naročil in prodaje vojaške proizvodnje družbe HDS od leta 2003, ki je zajemal strelivo, vključno z lahkim strelivom, bombami, tankovskim strelivom, oborožitvenimi sistemi, pehotnim orožjem, ki zajema pištole, topovi, minometi in aeronavtičnimi proizvodi, tudi rezervoarji za gorivo in podkrilnimi nosilci za zrakoplove.
In addition, the Commission reached the preliminary conclusion that HDS was a firm in difficulty within the meaning of the 2004 Rescue and Restructuring Guidelines when the measures identified above were granted.
Nadalje so grški organi pojasnili, da se je vojaška proizvodnja družbe HDS izvajala izključno na podlagi posebnih naročil, tako da družba HDS ni kopičila zalog vojaških proizvodov.
The Commission had doubts that a market economy investor would have provided such funding (guarantees, grant and capital increases) to HDS.
Po navedbah grških organov zajemajo vojaške proizvodne linije družbe HDS edini nacionalni industrijski kompleks, ki se uporablja za proizvodnjo orožja in streliva v Grčiji, in so torej bistveni del grške nacionalne industrijske infrastrukture za obrambo.
The Commission, therefore, preliminarily concluded that the three measures conferred an advantage on HDS.
Družba HDS je bila ustanovljena kot obrambno podjetje in vse od takrat tako tudi posluje.
The Commission, furthermore, noted that, while HDS was mainly producing military products for the Greek army, Greece had never substantiated or formally invoked the application of Article 346(1)(b) TFEU in the course of the preliminary examination of the case and that that Article could, therefore, not be taken into account in its assessment at that stage.
Njena infrastruktura je bila vedno vključena v nacionalno obrambno načrtovanje Grčije, da bi služila interesom nacionalne obrambe in varnosti.
Against this background the Commission preliminarily concluded that the three measures constitute State aid within the meaning of Article 107(1) TFEU.
Glede na navedeno je morala družba HDS v pripravljenosti ohranjati v celoti operativno zmogljivost svojih vojaških proizvodnih linij za proizvode s seznama Sveta iz leta 1958, ki je celo presegala dejansko in trenutno povpraševanje, da bi zaščitila bistvene varnostne interese Grčije, kot je zagotoviti zanesljivost oskrbe grških oboroženih sil in njihovo operativno avtonomijo, in bi lahko izpolnila povpraševanje v času krize, mobilizacije ali vojne.
The Commission, furthermore, expressed doubts as to the compatibility of this aid with the internal market and in particular the 2004 Rescue and Restructuring Guidelines, which was and remains the relevant legal framework for assessing State aid to companies in difficulty granted between 2004 and 2011.
Na podlagi tega so grški organi trdili, da je bila vojaška proizvodnja družbe HDS zaradi geopolitičnega položaja Grčije, ki zahteva osnovno samozadostnost glede bistvenega orožja in streliva, ključna za njeno nacionalno varnost.
COMMENTS BY GREECE
V zvezi z izvozom vojaških proizvodov so grški organi poudarili, da je v obdobju od ustanovitve družbe leta 2004 do leta 2011 prihodek iz izvoza znašal 15,02 milijona EUR (tj. 3,1 % celotnega prihodka ali 3,3 % prihodka iz obrambnih dejavnosti).
Distinction of military and civil production — Essential security interests of Greece
Grški organi so trdili, da je preostali del izvoza, ki predstavlja zelo majhen delež prihodka družbe HDS, povezan z izvozom v tretje države […], ki temelji na naročilih, oddanih neposredno družbi HDS.
In their comments in the context of the formal investigation procedure, the Greek authorities argued that the three measures aimed only at supporting the military production of HDS and were, in their entirety, necessary for the protection of the essential interests of the security of Greece.
Na koncu so grški organi v zvezi z vojaško proizvodnjo pojasnili, da so bili zadevni trije ukrepi namenjeni podpori vojaškega proizvajalca, ki ima ključno vlogo pri dobavi orožja in streliva grškim oboroženim silam.
The Greek authorities provided a breakdown of the company's total revenues for the period 2004-2011, which showed that out of a total revenue of EUR 482,4 million, 91,23 % resulted from contracts for military products sold to the Greek Armed Forces or related to obligations of the Greek Armed Forces and national defence and security, 3,11 % resulted from contracts for exported military products (including to Cyprus) and 5,66 % resulted from the sale of civil products.
Zato je njegovo poslovanje pomembno za bistvene varnostne interese Grčije.
As regards the civil production of HDS, the Greek authorities argued that it was carried out in production lines that were physically and organisationally separate from the military production ([…]) and that HDS kept separate accounts for the costs and revenues of the military and civil production.
Grški organi so svoje trditve podprli z navajanjem številnih grških pravnih aktov, ki so določili vlogo družb EBO in PYRKAL v okviru služenja bistvenim varnostnim interesom Grčije, ki se je pozneje prenesla na družbo HDS.
Regarding the military production, the Greek authorities submitted that it was intrinsically linked with the requirements and supply of the Greek Armed Forces and that it exclusively concerned products covered by the list of the arms, munition and war material, drawn up by the Council in 1958 (‘the 1958 Council list’).
S temi trditvami so se grški organi izrecno sklicevali na člen 346(1)(b) PDEU v zvezi z ukrepi, ki so predmet preiskave, in trdili, da so bili ti potrebni za zaščito bistvenih varnostnih interesov Grčije, povezanih s proizvodnjo orožja, streliva in vojaških sredstev ter trgovino z njimi.
In this context Greece provided a summary of all the contracts and sales of military production of HDS since 2003, which consisted in ammunition, including light ammunition, grenades, tank ammunition, weapon systems, infantry weapons including pistols, guns, mortars and aerospace products including fuel tanks and aircraft external pylons.
Grški organi so priznali, da je izgubo ustvarjala tudi civilna proizvodnja družbe HDS.
The Greek authorities, furthermore, explained that HDS' military production was carried out exclusively in the context of specific contracts, in the sense that HDS was not stocking military products.
Pojasnili so, da so bile te izgube posledica visokih operativnih stroškov družbe HDS, povezanih z dejstvom, da je bil del civilne proizvodnje za naročila grških oboroženih sil oddan vojaški proizvodnji.
According to the Greek authorities, HDS' military production lines comprise the only national industrial complex used to manufacture arms and ammunition in Greece and are, therefore, an essential part of Greece's national industrial defence infrastructure.
To je bilo izvedeno brez ustrezne zadolžitve na računih vojaške proizvodnje.
HDS was established as defence company and has operated since its establishment as such.
Poleg tega so vojaške in civilne proizvodne linije občasno hkrati uporabljale upravne in distribucijske storitve družbe HDS.
Its infrastructures were always included in the national defence planning of Greece, with a view to serving the interest of national defence and security.
Grški organi so trdili, da je bil namen ukrepa 1 izključno podpora vojaške proizvodnje družbe HDS, saj so bila posojila porabljena samo za vojaške namene, neposredno povezane z zaščito bistvenih varnostih interesov Grčije.
In this sense, HDS needed to maintain a fully operational stand-by capacity of its military production lines for products in the 1958 Council list even beyond actual and current demand in order to protect essential security interests of Greece, such as to ensure security of supply of the Greek armed forces and their operational autonomy as well as to be able to meet demand in times of crisis, mobilisation or war.
Po mnenju grških organov ukrep 1 torej ne bi smel biti predmet ocene državne pomoči, saj bi se zanj uporabila izjema iz člena 346(1)(b) PDEU.
Against this background the Greek authorities argued that due to Greece's geopolitical position, which demands a basic self-sufficiency in essential weapons and ammunition, HDS' military production was essential for its national security.
V zvezi s tem so grški organi trdili, da je bila vojaška proizvodnja ločena od civilne in da so pravni akti, ki so zagotavljali državna poroštva, vključevali določbo, v skladu s katero so bila posojila, zavarovana s poroštvom, namenjena „kritju operativnih potreb družbe za proizvodnjo vojaških sredstev za državo“.
As regards the exports of military products, the Greek authorities underlined that the total revenue stemming from exports during the time period from the establishment of the company in 2004 until 2011, amounted to EUR 15,02 million (i.e. 3,1 % of the total revenue or 3,3 % of the revenue from defence activities).
Grški organi so pojasnili tudi, da družba HDS ne bi mogla zagotoviti sredstev, ki bi jih zastavila za zadevna posojila, saj so bili objekti družbe HDS zaščiteni s pravili o nacionalni varnosti, ki so preprečevala dostop do njih.
The Greek authorities argued that the remaining part of the exports, representing a very small percentage of HDS' total turnover, relates to exports to third countries […] on the basis of contracts that were directly awarded to HDS.
Zagotovitev nepremičnin družbe za zavarovanje s premoženjem bi bilo po mnenju grških organov zato v nasprotju z nameni nacionalne varnosti, ki jim je družba služila, in bi lahko pomenila razkritje zaupnih informacij.
In conclusion, as regards the military production, the Greek authorities explained that the three measures aimed at the support of a military producer, which plays a crucial role in the supply of arms and ammunition for the Greek Armed Forces.
Iz tega sledi, da družba HDS ni mogla poskusiti zavarovati bančnih posojil tako, da bi zavarovanje s premoženjem zagotovila z delom svojih nepremičnin.
Thus, its operation is important for the essential security interests of Greece.
Zato so grški organi trdili, da družba bančnih posojil ni poskušala zavarovati brez državnih poroštev, ker ne bi bila sposobna pridobiti takšnih sredstev, ampak ker ni imela možnosti zagotoviti zavarovanja s premoženjem, saj bi to pomenilo tveganje za nacionalne varnostne interese.
The Greek authorities supported their argumentation by citing a series of Greek legal acts, which established EBO's and PYRKAL's role in serving the Greek essential security interests, later transferred to HDS.
Podobno so grški organi v zvezi z državnim poroštvom za posojilo v višini 10 milijonov EUR, ki ga je leta 2011 zagotovila banka Tbank (posojilo številka 11 v preglednici 2 zgoraj), v dopisu z dne 3. julija 2017 pojasnili, da je družba HDS prejela predplačilo v višini 6 milijonov EUR (3 milijone EUR 5. julija 2011 in še 3 milijone EUR 2. novembra 2011).
Through those arguments, the Greek authorities explicitly invoked Article 346(1)(b) TFEU with regard to the measures under investigation and argued that those were necessary for the protection of essential interests of Greece's security connected with the production of or trade in arms, munition and war material.
Grški organi trdijo, da ker obligacijsko posojilo ni bilo izplačano, državno poroštvo ni krilo predplačila.
The Greek authorities admitted that also HDS' civil production was loss-making.
Grški organi so trdili, da je bil tudi ukrep 2 namenjen le podpori vojaške proizvodnje družbe HDS in ne bi smel biti predmet ocene državne pomoči, saj bi zanj veljala izjema iz člena 346(1)(b) PDEU.
They explained that those losses were caused by HDS' high operating costs, which were linked to the fact that part of the civil production was subcontracted to the military production for contracts with the Greek Armed Forces.
Grški organi so svojo trditev utemeljili z dejstvom, da se industrijski obrat […], ki je bil predmet ukrepa 2, uporablja izključno za proizvodnjo vojaških proizvodov […].
In addition, the military and civil production lines were at times both using the administrative and distribution services of HDS.
Grški organi so trdili, da je grška država kot večinska delničarka pri odločitvi, da izvede ustrezna povečanja kapitala, ravnala kot vlagatelj v tržnem gospodarstvu v podobnem položaju.
The Greek authorities argued that measure 1 aimed exclusively at supporting the military production of HDS, as the loans were spent only for military purposes directly linked with protecting essential security interests of Greece.
Grški organi so trdili, da je bila odločitev, ki so jo sprejeli kot delničar, in sicer da povečajo delniški kapital družbe in ji tako zagotovijo sposobnost preživetja, pravična poslovna odločitev glede na njeno odločilno vlogo na področju nacionalne obrambe in varnosti.
The Greek authorities in this regard argued that the military production was separate from the civil production and that the legal acts providing the State guarantees included a reference whereby the guaranteed loans aimed at the ‘coverage of operating needs of the company for the production of military material for the country’.
Vendar so grški organi v dopisu z dne 3. julija 2017 potrdili, da niso imeli dodatnih informacij ali dokumentov, s katerimi bi dokazali svoje ugotovitve v zvezi s povečanjem kapitala, in sicer kot odgovor na zahtevo Komisije, naj predložijo, če so na voljo, i) kakršen koli načrt prestrukturiranja za družbo HDS, ki je bil pripravljen pred odločitvijo o povečanju kapitala družbe, ii) kakršne koli predhodne ekonomske analize, ki jih je država izvedla v zvezi s tem, ali je bila konverzija terjatev, ki so izhajale iz unovčitve poroštev, v kapital ekonomsko ugodnejše od ohranitve ali izvršitve teh terjatev, in iii) kakršne koli predhodne analize donosnosti, ki jih je država izvedla v zvezi s svežim kapitalom, zagotovljenim za povečanja kapitala.
The Greek authorities also explained that it would have been impossible for HDS to provide any assets as a pledge for the loans in question, because the installations of HDS were protected by national security rules which did not allow access thereof.
Poleg tega so grški organi v vsakem primeru tako kot za druga dva ukrepa trdili, da je bil tudi ukrep 3 namenjen le podpori vojaške proizvodnje družbe HDS in ne bi smel biti predmet ocene državne pomoči, saj bi zanj veljala izjema iz člena 346(1)(b) PDEU.
As such, the provision of the company's real estate as collateral would, according to the Greek authorities, contradict the national security purposes served by the company and would potentially entail disclosure of classified information.
V zvezi s skupnim zneskom zadevnih povečanj kapitala so grški organi v dopisu z dne 1. julija 2013 trdili, da je znašal 107,6 milijona EUR.
It follows that HDS could not attempt to secure loans from banks by providing part of its real estate as collateral.
Vendar so v dopisu z dne 7. avgusta 2013 končno pojasnili, da so povečanja kapitala v okviru ukrepa 3 vključevala skupno povečanje kapitala v višini 158,19 milijona EUR, kot je bilo ugotovljeno v sklepu z dne 6. marca 2013.
Thus, the Greek authorities argued that the reason why the company did not attempt to secure bank loans without State guarantees was not its inability to obtain such funds, but rather the fact that it was precluded from providing collateral due to the risk that would result for the national security interests.
Od skupnega povečanja kapitala v višini 158,19 milijona EUR je 154,19 milijona EUR izhajalo iz kapitalizacije dolgov, ki jih je imela družba HDS do države.
As regards the State guarantee for a loan of EUR 30 million by the National Bank of Greece, Alpha Bank and EFG Eurobank in 2011 (loan number 10 in Table 2 above), the Greek authorities clarified in their submissions of 7 August 2013 and of 3 July 2017 that eventually HDS only received an advance payment of EUR 6 million on 8 September 2011, and that after the withdrawal of the banks, only EUR 7095858 from that bond loan was issued on 19 March 2013.
Navedeni dolgovi so bili posledica unovčitve poroštev, zagotovljenih v okviru ukrepa 1, saj družba HDS posojil ni vrnila.
Therefore, any advantage from this State guarantee should not exceed that amount.
Preostali 4 milijoni EUR so bili zagotovljeni kot sveži kapital.
Similarly, as regards the State guarantee for a loan of EUR 10 million by Tbank in 2011 (loan number 11 in Table 2 above), the Greek authorities clarified in their submission of 3 July 2017 that HDS received an advance payment of EUR 6 million (out of which EUR 3 million on 5 July 2011 and another EUR 3 million on 2 November 2011).
Skupščina se je 25. oktobra 2010 strinjala, da je treba povečati kapital družbe HDS.
As the bond loan was never issued, the Greek authorities allege that the advance payment was not covered by a State guarantee.
Točne zneske različnih povečanj kapitala je določila na več zasedanjih v letu 2011, in sicer na datume, ko je Grčija zagotovila ustrezna sredstva.
Thus, according to the Greek authorities the total State guarantees for loans in 2011 was EUR 7095858, instead of EUR 40 million as originally mentioned in the decision of 6 March 2013.
Grški organi so navedli, da so bila povečanja kapitala v okviru ukrepa 3 in datumi njihove odobritve razporejeni, kot je navedeno v nadaljevanju.
The Greek authorities did not contest the guarantees and the loans for the other years.
Preglednica 4
The Greek authorities argued that measure 2 also aimed only at supporting the military production of HDS and should not be subject to a State aid assessment, as it would be covered by the exception of Article 346(1)(b) TFEU.
Datumi odobritve povečanj kapitala leta 2011
The Greek authorities based their argumentation on the fact that the […] industrial facility, which was the object of measure 2, is exclusively used for military production of products […].
Datum sklepa skupščine
Measure 3: 2011 capital increase
Znesek v EUR
The Greek authorities argued that the decision of the Greek state, as majority shareholder, to carry out the relevant capital increases was in line with the behaviour of a market economy investor in a similar situation.
Opombe
The Greek authorities argued that their decision as a shareholder to increase the company's share capital with a view to ensuring its viability was a fair commercial decision, given its decisive role in national defence and security.
4. maj 2011
Thus, in their view, the capital increases did not involve State aid.
Kapitalizacija dolgov zaradi unovčitve poroštev
However, in their letter of 3 July 2017, the Greek authorities confirmed they did not possess additional information or documents to support their observations on the capital increase, by reference to the request of the Commission to produce, if available, (i) any restructuring plan for HDS drawn up before the decision to increase the company capital, (ii) any ex ante economic analysis carried out by the State as to whether the conversion of the claims stemming from the calling of the guarantees into capital was economically more advantageous than keeping or enforcing those claims, and (iii) any ex ante return analysis carried out by the State as regards the fresh capital provided for the capital increases.
19. oktober 2011
In any event, just as with the other two measures, the Greek authorities in addition argued that also measure 3 aimed only at supporting the military production of HDS and should not be subject to a State aid assessment, as it would be covered by the exception of Article 346(1)(b) TFEU.
16. december 2011
As regards the total amount of the relevant capital increases, the Greek authorities, in their submission of 1 July 2013, claimed that they amounted to EUR 107,6 million.
Gotovinsko plačilo
However, in their submission of 7 August 2013, the Greek authorities finally clarified that the capital increases covered by measure 3 included a total capital increase of EUR 158,19 million, as identified in the decision of 6 March 2013.
Grški organi so trdili, da se povečanje kapitala v višini 154,19 milijona EUR, ki izhaja iz kapitalizacije dolgov zaradi unovčitve poroštev, ne bi smelo šteti za „novo“ državno podporo družbi HDS, saj se je v obrazložitvi Komisije v sklepu z dne 6. marca 2013 že štelo za državno podporo v okviru ukrepa 1.
Out of the total capital increase of EUR 158,19 million, EUR 154,19 million were the result of capitalisation of debts that HDS had towards the State.
Razcepitev družbe HDS
Those debts stemmed from the calling of guarantees, provided in the context of measure 1, because HDS failed to repay the loans.
V skladu s tem predlogom bi se družba HDS razcepila na dva dela, tj. civilnega in vojaškega.
The remaining EUR 4 million were provided as fresh capital.
To dejanje so poimenovali „razcepitev“.
The general assembly of 25 October 2010 agreed that HDS' capital needed to be increased.
Civilni del bi se likvidiral.
However, the precise amounts of different capital increases were decided by the general assembly in various meetings during 2011, at dates on which Greece committed the relevant funds.
Vojaški del bi se prestrukturiral, njegova proizvodnja pa bi bila omejena na proizvode, ki so potrebni za bistvene varnostne interese države.
According to the Greek authorities, the distribution of the capital increases in the context of measure 3 and their granting dates were as follows:
Grški organi so se na podlagi razprav s službami Komisije in drugih institucij v dopisu z dne 16. decembra 2013 zavezali, da bodo izvedli razcepitev, pri čemer so predložili akcijski načrt.
Table 4
Postopek razcepitve družbe se je začel s sklepom upravnega odbora z dne 26. februarja 2014, za datum prestrukturiranja pa je bil določen 28. februar 2014 (datum „bilance stanja ob prestrukturiranju“).
Date of general assembly decision
Z istim sklepom je bilo določeno, da se bo delniška družba naslednica, ki bo prevzela izključno civilne dejavnosti prvotne družbe, imenovala Hellenic Civilian Production Systems Industrial Commercial Ltd (v nadaljnjem besedilu: civilna družba HDS).