natgillin/translations-raw huggingface dataset:
On the contrary, Poland informed the Commission that in its view the aid is not compatible with the internal market.
Poljska v dveh mesecih po uradnem obvestilu o tem sklepu Komisiji predloži naslednje informacije:
The Commission has nonetheless examined whether the aid in question can be deemed compatible with the internal market.
skupni znesek (glavnica in obresti), ki ga je treba izterjati od upravičenca;
Article 107(3) TFEU provides for certain exemptions to the general rule set out in Article 107(1) TFEU that State aid is not compatible with the internal market.
podroben opis že sprejetih in načrtovanih ukrepov za uskladitev s tem sklepom;
First, the Commission has assessed the aid in question against the exemption laid down in Article 107(3)(c) TFEU.
dokumente, ki dokazujejo, da se je od upravičenca zahtevalo vračilo pomoči.
Article 107(3)(c) TFEU stipulates that ‘aid to facilitate the development of certain economic activities or of certain economic areas, where such aid does not adversely affect trading conditions to an extent contrary to the common interest’, may be considered to be compatible with the internal market.
Poljska obvešča Komisijo o napredku glede nacionalnih ukrepov, sprejetih za izvajanje tega sklepa, dokler pomoč iz člena 1 ni v celoti izterjana.
In this regard, the Commission also notes that none of the State aid guidelines directly apply to motorway infrastructure and its operation.
Na zahtevo Komisije takoj predloži informacije o že sprejetih in načrtovanih ukrepih za uskladitev s tem sklepom.
The Commission notes that the assessment of the compatibility of aid can differ depending on its classification as investment or operating aid.
Prav tako predloži podrobne informacije o zneskih pomoči in obrestih pri vračilu, ki jih je upravičenec že vrnil.
The Commission further notes that at the time when the aid in question was granted, the whole part of the A2 motorway operated by Autostrada Wielkopolska had been opened for almost one year.
Člen 7
The State aid in case N 462/09 had been paid to the beneficiary before the construction works began and had an incentive effect for the beneficiary to carry out the relevant investment project.
V Bruslju, 25. avgusta 2017
By contrast, the Commission does not find an incentive effect in the case at hand, as the construction of the motorway was already finished.
Za Komisijo
Neither Poland nor Autostrada Wielkopolska pointed to any other investment project to which the aid in question could contribute.
Članica Komisije
Moreover, the Commission notes that, contrary to investment aid, the aid in the present case was not linked to the costs of any investment project but was dependant on the amount of vehicles using the motorway and had a recurring character.
UL C 328, 20.9.2014, str. 12.
As such, it did not contribute to the financing of an investment project, but to the recurring operating costs of the beneficiary.
Glej opombo 1.
Therefore, the Commission considers that the aid in question constitutes operating aid.
Autostrada Wielkopolska je zasebno podjetje, katerega izključni dejavnosti sta gradnja in upravljanje odseka avtoceste A2 med krajema Nowy Tomysl in Konin.
According to the case law of the Court, such operating aid is in principle incompatible with the internal market.
Edini delničar družbe AWSA Holland I B.V. je družba AWSA Holland II B.V., katere glavni delničarji so podjetje Kulczyk Holding S.A. (registrirano v Varšavi, 24,10 % delniškega kapitala), podjetje Meridiam Infrastructure S.a.r.l (Luksemburg, 20,12 %), podjetje PGE S.A.
The Commission, however, notes that the A2 motorway between Nowy Tomysl and Konin is located in an underprivileged region covered by the derogation set out in Article 107(3)(a) TFEU.
(Varšava, 20,00 %), podjetje Strabag AG (Spittal/Drau, 10,12 %), podjetje KWM Investment (Dunaj, 9,32 %), banka Bank Zachodni WBK S.A.
The Commission has, therefore, assessed whether the operating aid at stake can be considered compatible under the Regional Aid Guidelines (hereinafter ‘RAG’).
(Wroclaw, 5,44 %) in podjetje TUiR „Warta“ S.A.
The Commission has considered that it should assess the aid in question under the Guidelines valid at the time when the decision to grant the aid in question was taken by signing Annex 6 to the Concession Agreement, namely in 2005.
(Varšava, 4,81 %).
For aid granted at that time, the Guidelines on National Regional aid adopted by the Commission in 1998 apply (hereinafter ‘RAG 1998’).
[4] V skladu s koncesijskim sporazumom je koncesionar najprej posodobil obstoječi 47,7 km dolg pododsek avtoceste (pododsek I: med krajema Konin in Wrzesnia), nato pa zgradil dva pododseka: med krajema Poznan in Wrzesnia (pododsek II – 37,5 km) ter med krajema Nowy Tomsyl in Komorniki (pododsek III – 50,4 km).
According to paragraph 4.15 of RAG 1998, operating aid that is normally prohibited can be exceptionally granted in regions eligible under the derogation in Article 92(3)(a) (now – Article 107(3)(a)) provided that (i) it is justified in terms of its contribution to regional development and its nature and (ii) its level is proportional to the handicaps it seeks to alleviate.
Poleg tega se po začetku pobiranja cestnine najvišje dovoljene cene cestnin letno prilagodijo z indeksom inflacije (letni indeks cen življenjskih potrebščin) in indeksom razlike v deviznih tečajih (med EUR in PLN).
It is for the Member State to demonstrate the existence of any handicaps and gouge their importance.
Poslovna skrivnost.
In this context the Commission notes that Poland did not demonstrate the existence of any handicaps that the aid in questions could alleviate.
Direktiva 1999/62/ES Evropskega parlamenta in Sveta z dne 17. junija 1999 o cestnih pristojbinah za uporabo določene infrastrukture za težka tovorna vozila, UL L 187, 20.7.1999, str. 42.
Contrary, Poland is of the opinion that the aid did not contribute to regional development.
Zakon z dne 28. julija 2005 o cestninskih avtocestah in nacionalnem skladu za ceste ter zakon o cestnem prometu (Uradni list št. 155, točka 1297).
The Commission considers that the operating aid in this case resulted exclusively in an increase of the IRR of the project for the investors and, as such, does not contribute to regional development of the regions where the toll motorway is located.
In sicer vozila iz kategorij 1–5 z maso, ki presega 3,5 tone; v praksi je bil delež težkih tovornih vozil v kategoriji 1 zanemarljiv.
Thus, the Commission considers that the criteria set out in the paragraph 4.15 of the RAG are not met.
Interna stopnja donosnosti, navedena v besedilu tega sklepa, se nanaša na pričakovani dejanski, letni skupni donos delničarskega kapitala (lastniški kapital in dolg) po obdavčitvi na podlagi denarnih tokov v EUR, razen če je določeno drugače.
Further, it is irrelevant for the purpose of the Commission's assessment that the compensation to AW S.A has not been and will not be used as profit distribution (dividends) to shareholders, but instead for repayment of the EIB loan.
To je trenutek, ko so finančni sporazumi, potrebni za izvedbo projekta, že sklenjeni.
In fact the repayment of the EIB loan is an obligation of the concession holder stemming from the financial arrangements the concession holder had to make in order to fulfil the Concession Agreement.
Kot je opisano v poročilu družbe PwC „Estimation of the adjusted AGRi rate and overpaid compensation on the basis of the 2004 WSA Traffic and Revenue Study“ (Ocena prilagojene cene AGRi in preplačanega nadomestila na podlagi študije podjetja WSA iz leta 2004 o prometu in prihodkih), str. 36.
If the compensation paid to Autostrada Wielkopolska was such that it enabled the company to repay its loans earlier than foreseen (i.e., in the case without the change in the law and the need for compensation), then the compensation provided an advantage to the company as it made resources available for other purposes like for example distribution of dividends which could not have been paid out otherwise.
Kot je opisano v poročilu družbe PwC „Estimation of the adjusted AGRi rate and overpaid compensation on the basis of the 2004 WSA Traffic and Revenue Study“ (Ocena prilagojene cene AGRi in preplačanega nadomestila na podlagi študije podjetja WSA iz leta 2004 o prometu in prihodkih), str. 61.
Such distribution of dividends however had no contribution to the development of the region in which the motorway is located.
Cene cestnin za vozila kategorij II–IV: PLN: […],[…],[…] z 22-odstotnim DDV, od katerih je koncesionar prejel 70 % (tj. […],[…] in […] PLN).
The Commission also notes that the compatibility criteria for operating aid included in paragraph 76 of the Regional Aid Guidelines for the period 2007 – 2011 (hereinafter ‘RAG 2007’), that applied as of 1 January 2007, are the same.
Podjetje Autostrada Wielkopolska se v svojih pripombah, predloženih Komisiji, sklicuje na interno stopnjo donosnosti v višini […] % iz vinjetnega modela.
Thus, the compatibility assessment for the aid in question is the same under RAG 2007.
Vendar pa vinjetni model, ki ga je Poljska predložila Komisiji, kaže interno stopnjo donosnosti v višini […] %.
Conclusion on compatibility
Poljska potrjuje, da se […] % nanaša na izračune svetovalnega podjetja za podjetje Autostrada Wielkopolska, vendar ne ve, kako so bili izračuni opravljeni.
The Commission has not identified any other provision regarding the compatibility of aid with the internal market that could provide a basis for considering the aid in question compatible with the Treaty.
Zato je interna stopnja donosnosti pri vinjetnem modelu, uporabljena v nadaljnjem besedilu, […]-odstotna.
Nor has Poland invoked any provision concerning compatibility with the internal market or provided any arguments that would allow the Commission to consider the aid in question compatible.
Ugotovitve iz besedila veljajo ne glede na to, katera od teh internih stopenj donosnosti je uporabljena.
Similarly, the comments submitted by the third party do not allow the Commission to consider the aid in question compatible.
Ob predvidevanju tega je koncesionar pred začetkom veljavnosti zakona o spremembi zvišal dejanske cene cestnin, ki so jih plačevali vozniki vseh kategorij vozil, na najvišje cene, ki jih je takrat dovoljeval koncesijski sporazum.
Consequently, the Commission concludes that the State aid that Poland has granted to AW S.A is incompatible with the internal market.
Vendar so v praksi cene cestnin, ki so jih morali plačevati vozniki, ostale nizke, saj je podjetje Autostrada Wielkopolska hkrati uvedlo popuste za vse kategorije vozil.
Poland has unlawfully implemented the aid in question in breach of Article 108(3) TFEU.
Poleg interne stopnje donosnosti so bili analizirani tudi koeficient servisiranja dolga, koeficient servisiranja dolga v njegovi življenjski dobi in minimalna stopnja servisiranja dolga, za katero jamči država.
RECOVERY
Poročilo o preverjanju z dne 8. junija 2007, ki ga je za podjetje Autostrada Wielkopolska pripravil […].
According to the Treaty 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.
Posodobljena študija o prometu in prihodkih za projekt cestninske avtoceste A2 na Poljskem iz novembra 1999, ki jo je za […] pripravilo podjetje Wilbur Smith Associates.
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.
Končna študija o prometu in prihodkih za peto fazo projekta cestninske avtoceste A2 iz junija 2004, ki jo je za podjetje Autostrada Wielkopolska S.A. pripravila družba Wilbur Smith Associates.
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.
Ocena prilagojene cene AGRi in preplačanega nadomestila na podlagi študije podjetja WSA iz leta 2004 o prometu in prihodkih, ki jo je pripravila družba PricewaterhouseCoopers, z dne 24. septembra 2010.
In line with the case-law, Article 16(1) of Council Regulation (EU) 2015/1589 states 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 […]’.
Glej člena 84 in 88 poljskega civilnega zakonika.
The Commission has concluded that Poland has overcompensated AW SA. for the period from 1 September 2005 to 30 June 2011.
Bruto zneski vključujejo ustrezen veljavni DDV.
The Commission has also established that this overcompensation constitutes unlawful aid that is incompatible with the internal market.
Pravica do nadomestila, kot je opisana v tem dokumentu, je navedena v Prilogi 2 h koncesijskemu sporazumu.
As a result, the aid must be recovered in order to re-establish the situation that existed on the market prior to its granting.
Sklep Komisije v zadevi N 264/2002: London Underground Public Private Partnership.
As stated in recitals from 146 to 150 above (see also the Annex to this decision), the Commission concludes that for the period from 1 September 2005 to 30 June 2011 the total aid amounts to PLN 894956888,88 gross.
Sklep Komisije z dne 29. julija 2009 v zadevi N 462/2009: Aid for transport infrastructure - the construction and operation of the A2 motorway section Swiecko - New Tomysl (Pomoč za prometno infrastrukturo – izgradnja in upravljanje odseka avtoceste A2 med krajema Swiecko in New Tomysl) sprotna opomba 6.
To the extent that Autostrada Wielkopolska has paid tax on the aid received, Poland may, in accordance with its national tax rules, take account of the earlier payment of tax by recovering only the net amount received by Autostrada Wielkopolska.
Opozoriti je treba, da je bila v sklepu Komisije dejansko ugotovljena odsotnost državne pomoči v zadevnem primeru.
Poland has a period of two months from the date of adoption of this decision within which it should provide the Commission with evidence of any tax paid on the aid received and the date at which the payments referred to in recitals from 146 to 150 and the Annex to the decision were made.
Sodba Sodišča z dne 23. aprila 1991 v zadevi Höfner in Elser proti Macrotron, C-41/90, ECLI:EU:C:1991:161; Sodba Sodišča z dne 16. novembra 1995 v zadevi FFSA in drugi proti Ministère de l'Agriculture and de la Pêche, C-244/94, ECLI:EU:C:1995:392; Sodba Sodišča z dne 11. decembra 1997 v zadevi Job Centre, C-55/96, ECLI:EU:C:1997:603.
The Commission considers that from those dates, the beneficiary has at its disposal the aid.
Sodba Sodišča z dne 16. junija 1987 v zadevi Komisija proti Italiji, C-118/85, ECLI:EU:C:1987:283.
HAS ADOPTED THIS DECISION:
Sodba Sodišča z dne 18. junija 1998 v zadevi Komisija proti Italiji, C-35/96, ECLI:EU:C:1998:303.
Article 1
Kar zadeva koncesionarje za avtoceste, je Komisija podala enako ugotovitev, npr. v sklepu z dne 27. oktobra 2014 v zadevi SA.39224 – Greece – Reset of Greek Motorway concession projects – Moreas Motorway (Grčija – ponovna opredelitev koncesijskih projektov za grško avtocesto – avtocesta Moreas) (UL C 460, 19.12.2014, str. 1).
The overcompensation for the period from 1 September 2005 to 30 June 2011 amounting to PLN 894956888,88, granted by Poland to Autostrada Wielkopolska S. A. on the basis of the Amendment Act, constitutes State aid within the meaning of Article 107(1) of the Treaty.
Sodba Sodišča z dne 16. maja 2002 v zadevi Francija proti Komisiji (v nadaljnjem besedilu: sodba Stardust Marine), C-482/99, ECLI:EU:C:2002:294.
Article 2
Dajatev na gorivo je poljski parlament uvedel z zakonom z dne 27. avgusta 2004 o spremembi zakona o cestninskih avtocestah in nacionalnem skladu za ceste.
The State aid referred to in Article 1 is unlawful as it was granted in breach of the notification and standstill obligations stemming from Article 108(3) of the Treaty.
Generalni direktorat za državne ceste in avtoceste je osrednji upravni organ za vprašanja, povezana z nacionalnim cestnim sistemom.
Article 3
Generalni direktorat opravlja svoje naloge s pomočjo GDDKiA.
The State aid referred to in Article 1 is incompatible with the internal market.
Podobno je Komisija v sklepu z dne 4. decembra 2013 v zadevi SA.29584 – Shadow toll compensation to Stalexport Autostrada Małopolska S.A.
Article 4
(SAM S.A.) - A4 motorway (Katowice - Krakow) (Nadomestilo iz naslova prikritega cestninjenja podjetju Stalexport Autostrada Małopolska S.A.
Poland shall recover the aid referred to in Article 1 from the beneficiary.
(SAM S.A.) – avtocesta A4 (med krajema Katovice in Krakov)) sklenila, da nadomestilo koncesionarju ni pomenilo državne pomoči, saj je v skladu s koncesijskim sporazumom za zadevni odsek avtoceste A4 odgovornost za tveganje, povezano s spremembo zakonodaje, ki je neposredno ali posredno vplivala na koncesionarja, nosila država, nadomestilo pa je bilo omejeno na izgubo, ki jo je utrpel koncesionar (UL C 172, 6.6.2014, str. 2).
The sums to be recovered shall bear interest from the date on which they were put at the disposal of the beneficiary until their actual recovery.
Glej Prilogo 6, stran 9.
The interest shall be calculated on a compound basis in accordance with Chapter V of Commission Regulation (EC) No 794/2004 as last amended by Regulation (EC) No 271/2008.
Glej obvestilo Komisije o pojmu državne pomoči (UL C 262, 19.7.2016, str. 1), odstavek 102.
Article 5
Te tri finančne modele je predstavila in preverila družba Ernst & Young v poročilu z dne 19. septembra 2005.
Recovery of the aid referred to in Article 1 shall be immediate and effective.
Ime spisa: 050518 A2-CB-2004-12 V1.51.123.
Poland shall ensure that this decision is implemented within four months following the date of notification of this Decision.
Študija WSA iz leta 1999 temelji na predpostavki, da vsa vozila plačujejo dejanske cestnine za uporabo avtoceste.
Article 6
Glej študijo WSA iz leta 1999, stran 17, točki 3 in 4.
Within two months following notification of this Decision, Poland shall submit the following information to the Commission:
Ime spisa: 050915 A2-COMPENSATION V.3.71 (awsa)_EY.123.
the total amount (principal and recovery interests) to be recovered from the beneficiary;
Komisija tudi ugotavlja, da te predpostavke o prometu niso temeljile na dejanskih podatkih o prometu za primer brezplačne avtoceste ter na ustrezni študiji o prometu in prihodkih.
a detailed description of the measures already taken and planned to comply with this Decision;
Ime spisa: Ref 071023-Combined Faza I & II - Poljska A2.xls.
documents demonstrating that the beneficiary has been ordered to repay the aid.
Študija WSA iz leta 2006 temelji na prvotnih dejanskih podatkih o prometu in predpostavlja uporabo sistema prikritega cestninjenja v celotnem obdobju (brezplačna uporaba avtoceste A2 za težka tovorna vozila).
Poland shall keep the Commission informed of the progress of the national measures taken to implement this Decision until recovery of the aid referred to in Article 1 has been completed.
Posodobljena študija o prometu in prihodkih za cestninsko avtocesto A2, november 2006.
It shall immediately submit, on simple request by the Commission, information on the measures already taken and planned to comply with this Decision.
Študiji WSA o prometu in prihodkih vključujeta napoved za promet na avtocesti A2 na podlagi optimalnega načrta dejanskega cestninjenja ob vsaki pripravi napovedi.
It shall also provide detailed information concerning the amounts of aid and recovery interest already recovered from the beneficiary
Študija WSA iz leta 2004 temelji na predpostavki, da vsa vozila plačujejo dejanske cestnine za uporabo avtoceste.
Article 7
Glej študijo WSA iz leta 2004, strani 5–10, točka 4.
This Decision is addressed to the Republic of Poland.
Glede na ocene podjetja Autostrada Wielkopolska na podlagi povprečij za obdobje 2005–2011.
Done at Brussels, 25 August 2017.
Največji del znižanja (324 bazičnih točk) je mogoče pripisati posodobitvi napovedi prometa in le 11 bazičnih točk drugim manjšim popravkom.
For the Commission
Ta znesek znaša […] EUR bruto (po menjalnem tečaju PLN/EUR = 4).
Member of the Commission
Ta model je bil uporabljen v poročilu PwC iz leta 2010 za obdobje do avgusta 2010 in v dodatnem poročilu PwC iz leta 2011 za obdobje od septembra 2010 do junija 2011.
OJ C 328, 20.9.2014, p. 12.
Ime spisa: […].
See footnote 1.
Zadeva N 264/2002 London Underground Public Private Partnership. točka 79.
Autostrada Wielkopolska is a private company whose exclusive activity is the construction and operation of the A2 motorway section between Nowy Tomysl and Konin.
V točki 4.25 arbitražne odločbe je navedeno: […].
The company's main shareholder is AWSA Holland I B.V., which holds 98,85 % of Autostrada Wielkopolska's share capital.
Sodba Sodišča z dne 17. septembra 1980 v zadevi Philip Morris proti Komisiji, C-730/79, ECLI:EU:C:1980:209, točka 11; sodba Sodišča prve stopnje z dne 30. aprila 1998 v zadevi Het Vlaamse Gewest proti Komisiji, T-214/95, ECLI:EU:T:1998:77, točka 50.
The sole shareholder of AWSA Holland I B.V. is AWSA Holland II B.V., whose main shareholders are Kulczyk Holding S.A. (registered in Warsaw, 24,10 % of share capital), Meridiam Infrastructure S.a.r.l (Luxembourg, 20,12 %), PGE S.A.
Sodba Sodišča z dne 21. marca 1991 v zadevi Italija proti Komisiji, C-303/88, ECLI:EU:C:1991:136; sodba Sodišča prve stopnje z dne 30. aprila 1998 v zadevi Het Vlaamse Gewest proti Komisiji, T-214/95, ECLI:EU:T:1998:77, točka 49.
(Warsaw, 20,00 %), Strabag AG (Spittal/Drau, 10,12 %), KWM Investment (Vienna, 9,32 %), Bank Zachodni WBK S.A.
Sodba Sodišča prve stopnje z dne 14. januarja 2004 v zadevi Fleuren Compost proti Komisiji, T-109/01, ECLI:EU:T:2004:4.
(Wroclaw, 5,44 %), and TUiR ‘Warta’ S.A.
Sodba Sodišča z dne 28. aprila 1993 v zadevi Italija proti Komisiji, C-364/90, ECLI:EU:C:1993:157.
(Warsaw, 4,81 %).
Sodba Sodišča prve stopnje z dne 8. junija 1995 v zadevi Siemens SA proti Komisiji, T-459/93, ECLI:EU:T:1995:100, sodba Sodišča z dne 19. septembra 2000 v zadevi Nemčija proti Komisiji, C-156/98, ECLI:ECLI:EU:C:2000:467, točka 30.
Under the Concession Agreement, the concession holder first modernised the existing 47,7 km-long sub-section of the motorway (sub-section I: between Konin and Wrzesnia) and then constructed two sub-sections: between Poznan and Wrzesnia (sub-section II – 37,5 km) and between Nowy Tomysl and Komorniki (sub-section III – 50,4 km).
UL C 74, 10.3.1998, str. 9.
These rates are based on values from July 1999.
UL C 54, 4.3.2006, str. 13.
They are subject to an increase by the inflation rate between July 1999 and the respective dates of commencement of operation of individual toll collection points.
Sodba Sodišča z dne 12. julija 1973 v zadevi Komisija proti Nemčiji, C-70/72, ECLI:EU:C:1973:87, točka 13.
Moreover, after commencing toll collection, the maximum toll rates are annually adjusted by the inflation index (annual consumer price index) and foreign exchange rate difference index (between EUR and PLN).
Sodba Sodišča z dne 14. septembra 1994 v združenih zadevah Španija proti Komisiji, C-278/92, C-279/92 in C-280/92, ECLI:EU:C:1994:325, točka 75.
Covered by the obligation of professional secrecy.
Sodba Sodišča (šesti senat) z dne 17. junija 1999 v zadevi Belgija proti Komisiji, C-75/97, ECLI:EU:C:1999:311, točki 64 in 65.
Directive 1999/62/EC of the European Parliament and of the Council of 17 June 1999 on the charging of heavy goods vehicles for the use of certain infrastructures (OJ L 187, 20.7.1999, p. 42).
Uredba Sveta (EU) 2015/1589 z dne 13. julija 2015 o določitvi podrobnih pravil za uporabo člena 108 Pogodbe o delovanju Evropske unije (UL L 248, 24.9.2015, str. 9).
The Act of 28 July 2005 amending the Act on Toll Motorways and the National Road Fund, and the Act on Road Transport (Journal of Laws No 155, item 1297).
Ta znesek je enak vsoti zneska iz uvodne izjave 148, tj. […] PLN, in zneska iz uvodne izjave 150, tj. […] PLN, ki sta bruto zneska in skupaj znašata približno 223,74 milijona EUR (po menjalnem tečaju PLN/EUR = 4).