natgillin/translations-raw huggingface dataset:
The Commission agreed with the interested parties that the notion should be interpreted in line with the guidance from the Appellate Body.
V nasprotju z bankami, ki zagotavljajo sredstva v RMB in trdni valuti, sklad SRF podpira projekte samo s tujo valuto.
In Large Civil Aircraft the Appellate Body stated that: ‘The standard for de facto export contingency under Article 3.1(a) and footnote 4 of the SCM Agreement would be met when the subsidy is granted so as to provide an incentive to the recipient to export in a way that is not simply reflective of the conditions of supply and demand in the domestic and export markets undistorted by the granting of the subsidy.’
Kot je navedel predsednik sklada SRF: „Sklad Silk Road Fund je sklad za naložbe v tujini, ki večinoma vlaga v tujih valutah.“
In other words, ‘is the granting of the subsidy geared to induce the promotion of future export performance by the recipient?’.
Zato družba, ki prodaja samo na kitajskem trgu in ne izvaža ali nima preverjenega poslovnega načrta za povečanje izvoza, ne bi bila upravičena do podpore sklada SRF.
This could include the situation in which the recipient promises to increase export (compared to domestic) performance.
Drugič, Komisija je proučila konkretne okoliščine, ki so obstajale v času, ko so organi, ki dodeljujejo subvencije, dodeljevali subvencije, pri čemer je ugotovila, da je bila tudi ta posebna podpora vezana na dajanje prednosti pričakovanemu izvozu družbe CNRC (v primerjavi z njeno domačo prodajo).
Applying the facts of this case in the light of the evidence on the file, the Commission found that this test was met.
Odkrila je več kazalnikov, ki potrjujejo sklep, da to dejansko drži.
In contrast to the Airbus case, where the four granting authorities were financing a European company active in both domestic and foreign markets and where the design of the measure was not geared towards more export orientation of Airbus, the present case involves a three-way relationship: Chinese public bodies financed CNRC which had no margins how to spend the money.
V vseh petih posredovanjih, imenovanih „ukrep“, je organ, ki je dodelil sredstva, navedel, da so bila sredstva zagotovljena za prevzem skupine Pirelli.
It received it with the precise legal condition to purchase another company, namely Pirelli.
V primeru posredovanja družbe Cinda je ta organ še podrobneje opredelil pogoje za dodelitev sredstev.
When accepting to receive such tied financing, CNRC promised to increase its export (compared to domestic) performance and increase its sales notably in Europe.
Dejansko je, kot je bilo omenjeno v zvezi s posredovanjem družbe Cinda, v sporazumu med imetniki kvot navedeno, da družba Cinda priznava, da je njena kapitalska udeležba v družbi Pirelli Industrial pogojena z načrtom za vložitev vseh njenih delnic v kitajskega proizvajalca izvoznika Aeolus pred določenim rokom.
First, the granting of the subsidy is tied to anticipated exportation, because, inter alia, the design of the measure is geared towards foreign trade enterprises.
Sklad SRF je bil kot sovlagatelj v celoti seznanjen s tržnim položajem družbe CNRC in je pričakoval ugodnosti od izvoza, ki naj bi jih zagotovila transakcija.
Support was only available for CNRC to gear its activities more towards exports (compared to its domestic sales) and such support was not given to other Chinese companies which are exclusively selling on the Chinese domestic market.
Predsednik sklada Silk Road Fund je to priznal z naslednjimi besedami: „Sklad je družbi Chemchina zagotovil podporo za prevzem družbe Pirelli, s čimer ji ni le pomagal uspešno uvesti napredne tehnologije iz tujine in strokovnega znanja na področju upravljanja za visokokakovostno proizvodnjo, ampak ji je pomagal tudi uspešno pridobiti dostop do mednarodnih trgov.“
This is supported by the following official government documents:
Za družbo CNRC glavne ugodnosti, pridobljene s prevzemom družbe Pirelli, niso bile povezane z domačim trgom.
The 13th Five Year Petrochemical Plan specifically mentions the acquisition of Pirelli by Chemchina as a major achievement of the 12th Five Year Plan, under the header ‘international cooperation’.
V času prevzema je bila družba CNRC že pomemben akter, kar zadeva pnevmatike za tovornjake na kitajskem domačem trgu, medtem ko je imela družba Pirelli na istem trgu le majhen delež (manjši od 1 %).
Furthermore, chapter 10 mentions in the context of international cooperation projects under the Belt and Road initiative that ‘the expansion of international capacity cooperation in the tire industry and other high proportion export industries’ should be emphasized.
Poleg tega je skupina Pirelli Group globalni akter, za katerega je kitajski trg predstavljal manj kot 10 % celotne prodaje vseh izdelkov.
The Pirelli acquisition has been designated by MOFCOM as a key project for the development of foreign trade in 2015.
Tudi izvoz je tako za družbo CNRC kot družbo Pirelli Tyre Co. Ltd. že predstavljal približno 60 % celotne prodaje.
In more general terms, one of the objectives of the 13th Five Year Plan for the Development of Foreign Trade (chapter III.3) is the enhancement of the transnational operation capability of foreign trade enterprises, which encourages powerful companies to extend industrial chains, to conduct transnational mergers and acquisitions, and to obtain quality brands, core technologies and marketing channels.
Poleg tega na kitajskem domačem trgu, med drugim v skladu z navedbami iz izvedbenega načrta za preoblikovanje in posodobitev industrije pnevmatik v provinci Shandong, prevladuje prodaja pnevmatik tretjega razreda, medtem ko so pnevmatike prvega razreda veliko bolj zastopane na trgih EU in ZDA, kar potrjujejo tudi izpolnjeni obrazci sodelujočih proizvajalcev izvoznikov.
In the Guiding Opinions the State Council stated that ‘China's industrial advantage and funding advantage shall be combined with the demand abroad […] to vigorously promote international production capacity and equipment manufacturing cooperation’.
Tako družba CNRC z vključitvijo akterja na področju proizvodnje pnevmatik prvega razreda s svetovno priznano blagovno znamko, kot je Pirelli, ni pridobila takojšnje vrednosti na domačem prodajnem trgu, vendar je močno povečala svojo konkurenčnost na izvoznem trgu, saj lahko zdaj poleg običajnega nabora izdelkov tretjega razreda izvaža celoten nabor izdelkov.
Furthermore, they stipulate that ‘fields […] with remarkable advantages in international competition and with international market demand shall be chosen as priorities’.
Poleg tega je za kitajski trg že značilna določena stopnja presežne zmogljivosti, sama družba CNRC pa ima veliko neizkoriščene zmogljivosti.
Furthermore, as mentioned in recital (349) above, the objectives of the Guiding Opinions are ‘to actively develop’ and ‘tap into’ markets in developed countries'.
Glede na poročilo o analizi trga, ki je bilo v imenu družbe CNRC pripravljeno pred naložbo in na katerem je temeljila odločitev o naložbi, je blagovna znamka CNRC tako „iskala možnosti za pobeg iz konkurence ‚rdečega oceana‘ in si prizadevala za širitev na tuje trge, da bi v celoti izkoristila svoje prednosti“.
The SRF only operates with foreign exchange funds (i.e. USD and EUR).
V poročilu je tudi navedeno, da bi bila glavna ugodnost za družbo CNRC povečanje njenega mednarodnega poslovanja z razširitvijo globalne prodajne mreže družbe Pirelli.
Contrary to the banks, providing resources both in RMB and hard currency, the SRF supports projects only with foreign currency.
V zvezi s tem je Komisija ugotovila, da družba CNRC pred prevzemom ni imela vzpostavljenih neposrednih prodajnih kanalov v EU, ampak je prodajala prek neodvisnih posrednikov.
As stated by the chairman of the SRF: ‘The Silk Road Fund is an outbound investment fund investing mainly in foreign exchange’.
To potrjuje tudi intervju z direktorjem globalnega poslovanja družbe Pirelli po prevzemu, ki je navedel, da je lahko nova skupina s prevzemom prodrla na avstralski trg pnevmatik v različnih cenovnih segmentih ter da namerava družba povečati izvoz in s tem povečati svoj tržni delež v Avstraliji z 1 % na 10 % s prodajo pnevmatik na celotnem komercialnem trgu.
Consequently, a company which sells only on the Chinese market and does not export or does not have any proven business plan to increase its exports would not be eligible to be supported by the SRF.
V poročilu, ki je bilo pripravljeno pred izvedbo naložbe, je tudi poudarjeno, da bi lahko družba CNRC izkoristila sredstva družbe Pirelli, namenjena za raziskave in razvoj, za povečanje lastnih proizvodnih linij, da bi lažje zadovoljila povpraševanje na mednarodnem trgu.
Second the Commission analysed the concrete circumstances existing at the time when the granting authorities were providing the subsidies in order to establish that also this specific support was tied to the skewing of CNRC's anticipated sales towards exports (compared to its domestic sales).
Po prevzemu je bilo enemu od kitajskih proizvajalcev izvoznikov v skupini dejansko izdano dovoljenje za uporabo strokovnega znanja družbe Pirelli glede njenega proizvodnega postopka.
It found a number of indicators confirming the conclusion that this was indeed the case:
Ob upoštevanju navedenih dokazov o profilu družbe Pirelli, znanih ob dodelitvi subvencije, in o pomembnih prednostih, ki bi jih prevzem zagotovil za izvoz družbe CNRC, je Komisija sklenila, da je organ, ki je dodelil sredstva, predvideval in mu je bilo obljubljeno, da se bo izvoz družbe CNRC (v primerjavi s prodajo na domačem trgu) močno povečal.
In all five interventions referred to as ‘the measure’, the granting authority specified that the funds were provided to acquire the Pirelli Group.
Zato med subvencijo in pričakovanim izvozom družbe CNRC obstaja razmerje pogojenosti ali odvisnosti.
In the case of the intervention of Cinda, the granting authority specified even further the conditions for granting the funds.
Na koncu je Komisija proučila, kakšen je bil dejanski učinek prevzema družbe Pirelli na prodajno strukturo družbe CNRC.
Indeed, as mentioned in relation to Cinda's intervention, the quotaholders' agreement notes that Cinda acknowledges that its equity participation in Pirelli Industrial is contingent to a plan to inject all of its stake into the Chinese exporting producer Aeolus before a certain deadline.
Družba CNRC je, kot je navedeno v uvodni izjavi 345, dejansko pristala na to, da bo celotno proizvodnjo pnevmatik za tovornjake družbe Pirelli v EU vključila v dejavnosti povezanega proizvajalca izvoznika Aeolus Tyre Co. Ltd., da bi začela izvažati pnevmatike za tovornjake višje kakovosti, ki so na trgu EU konkurenčnejše.
The SRF, as a co-investor, was fully aware of the market position of CNRC and anticipated the benefits on export performance which the transaction would bring.
V zvezi s tem je Komisija primerjala prodajno strukturo skupine CNRC pred prevzemom in po njem: z vključitvijo družbe Pirelli se je ne le povečala celotna prodaja, ampak se je glede na ugotovitve Komisije zaradi prevzema tudi izvoz povečal bolj kot domača prodaja, tj. prodaja družbe CNRC je bila osredotočena na izvoz (v primerjavi z domačo prodajo).
The Chairman of the Silk Road Fund acknowledged this as follows: ‘The Fund supported Chemchina in its acquisition of Pirelli, which has not only helped Chemchina to successfully introduce from overseas advanced technologies and management knowhow for high-end manufacturing, but also to effectively obtain an access to international markets.’
Natančneje, izvoz pnevmatik za tovornjake v Evropo se je povečal za 55 %, na druge trge za 5 % in na splošno v obdobju preiskave za 14 %.
For CNRC, the main benefits from the acquisition of Pirelli were not linked to the domestic market.
Poleg tega je skupina začela uporabljati mrežo za neposredno prodajo na vseh večjih trgih EU, medtem ko je prej lahko prodajala le posredno prek neodvisnih posrednikov.
At the time of the acquisition, CNRC was already a major player for truck tires on the Chinese domestic market, whereas Pirelli only had a very small market share on the same market (less than 1 %).
Ne nazadnje, nabor pnevmatik, ki se prodajajo na trgu EU, se je s pnevmatik tretjega razreda razširil na pnevmatike prvega in tretjega razreda.
In addition, the Pirelli Group is a global player, for whom the Chinese market represented less than 10 % of the total sales of all products.
Zato je Komisija sklenila, da je družba CNRC dejansko izpolnila pogoje, vezane na dodelitev subvencije, tj. svojo obljubo, da bo povečala prodajo za izvoz (v primerjavi z domačo prodajo).
Also, export sales already represented around 60 % of total sales, both for CNRC and Pirelli Tyre Co. Ltd
Posledično je bila dodelitev subvencije družbi CNRC za nakup družbe Pirelli usmerjena v spodbujanje obljubljenega povečanja prihodnjega izvoza (v primerjavi z domačo prodajo) s strani prejemnika subvencije, tj. družbe CNRC.
Furthermore, among others in the Implementation Plan for Transforming and Upgrading the Tire Industry of Shandong Province, corroborated by the sampling replies of the cooperating exporting producers, the Chinese domestic market is a market dominated by sales in the Tier 3 category, whereas Tier 1 tires are much more represented on the EU and US markets.
Komisija je zato trdila, da so subvencije, zagotovljene v okviru tega ukrepa, pogojene z opravljanjem izvoza v smislu člena 4(4)(a) osnovne uredbe.
Thus, adding a tier 1 player with a globally recognized brand such as Pirelli in its product portfolio did not add any immediate value for CNRC on the domestic sales market, but significantly enhanced its competitiveness on the export market, since it could now export the full range of products on top of its usual tier 3 product range.
Družbi CNRC in Pirelli ter kitajska vlada so po dokončnem razkritju nasprotovale pogojenosti ukrepa z izvozom.
In addition, the Chinese market is already characterized by a certain overcapacity, and CNRC itself had a significant amount of idle capacity.
Trdile so, da organ, ki je dodelil sredstva, ni pogojeval dodelitve subvencije s povečanjem izvoza družbe CNRC.
According to the market analysis report conducted on behalf of CNRC prior to the investment, and on which the investment decision was based, the CNRC brand was thus ‘looking for opportunities to escape from the current ‘Red Ocean’ competition and pursued further outbound expansion to give full play of its strength’.
Družba CNRC je navedla, da usmerjevalna mnenja kitajskim družbam, ki delujejo samo na domačem trgu, ne preprečujejo dostopa do okrepljenega naložbenega sodelovanja v okviru pobude „En pas, ena cesta“.
The report further stated that the main benefits for CNRC would be to enhance its international business by leveraging Pirelli's global sales network.
Poleg tega ukrep ni bil pogojen z izvozom, ampak z ustvarjanjem vrednosti, ki je izhajala iz zunanje naložbe.
In this respect, the Commission noted that before the acquisition, CNRC did not have its own direct sales channels in the EU, but was selling via independent dealers.
Komisija se ni mogla zanašati le na dejanske učinke domnevne subvencije, ampak bi morala izvesti ustrezno predhodno analizo.
This is also illustrated by an interview with Pirelli's global operations manager after the acquisition, who stated that thanks to the acquisition, the new group could now enter Australia with tyres in different price segments, and that the company intended to increase its exports, thus increasing its market share in Australia from 1 % to 10 % by selling tyres across the whole commercial tyre market.
Kitajska vlada je trdila, da vzročno-posledična povezava ne bi zadostovala za potrditev pogojenosti z izvozom.
The pre-investment report also highlighted that CNRC could leverage Pirelli's R & D resources to enhance its own product lines, to better meet international market demand.
Dodala je, da ukrepi ali subvencije vlade, ki zagotavljajo pomoč za tuje naložbene transakcije, kot je nakup delnic v podjetjih v tretjih državah, niso navedeni v Prilogi I k Sporazumu o subvencijah in izravnalnih ukrepih ter jih zato ni mogoče šteti za izvozne subvencije.
After the acquisition, a license was indeed granted to one of the Chinese exporting producers within the group to use the Pirelli knowhow in its production process.
Komisija je opozorila, da Priloga I k Sporazumu o subvencijah in izravnalnih ukrepih vsebuje „Ponazoritveni seznam“ ukrepov, ki jih je mogoče šteti za izvozne subvencije.
In light of the above evidence about the profile of Pirelli known at the time of the grant and about the significant advantages that the acquisition would bring to the export performance of CNCR, the Commission concluded that the granting authority anticipated and was promised by CNRC in return for obtaining the subsidy that CNRC's exports sales would increase (compared to its domestic sales).
Seznam vključuje primere in ni izčrpen.
Thus, there is a relationship of conditionality or dependence between the subsidy and CNRC's anticipated exports.
Poleg tega se člen 3.1(a) Sporazuma o subvencijah in izravnalnih ukrepih nanaša na izvozne subvencije, „vključno s tistimi, opredeljenimi v Prilogi I“.
Finally, the Commission analysed what was the actual effect of the Pirelli acquisition on CNRC's sales structure.
Iz tega sledi, da se za ukrepe, ki niso navedeni na seznamu, lahko šteje, da so pogojeni z izvozom, če izpolnjujejo pogoje iz navedene določbe.
Indeed, as mentioned in recital (345), CNRC agreed to integrate Pirelli's EU truck tyre business entirely into its related exporting producer Aeolus Tyre Co. Ltd in order to start exporting truck tyres of a higher quality which are more competitive on the EU market.
V skladu s smernicami pritožbenega organa v zadevi Airbus je Komisija proučila, ali je organ, ki je dodelil sredstva, zagotovil subvencijo pod pogojem, da bo prejemnik povečal izvoz (v primerjavi z domačo prodajo).
In this respect, the Commission compared the sales structure of the CNRC group before and after the acquisition: not only did overall sales increase thanks to the addition of Pirelli, but the Commission also found that export sales increased more than domestic sales thanks to the acquisition, i.e. CNRC's sales were skewed towards exports (compared to its domestic sales).
V zvezi s tem je Komisija upoštevala (i) zasnovo in strukturo ukrepa; (ii) načine delovanja, določene v takem ukrepu, ter (iii) ustrezne dejanske okoliščine, povezane z dodelitvijo subvencije, ki tvorijo okvir za razumevanje zasnove, strukture in načinov delovanja ukrepa.
More specifically, truck tyre export sales had increased by 55 % towards Europe, by 5 % towards other markets and by 14 % overall during the investigation period.
V zvezi z zasnovo in strukturo ukrepa je Komisija opozorila, da družbe, ki izvajajo samo domače dejavnosti, niso upravičene do sredstev iz tega programa.
In addition, the group was now using a direct sales network in all major EU markets, whereas previously they could only sell indirectly via independent dealers.
Dejstvo, da usmerjevalna mnenja iz financiranja sklada SRF formalno ne izključujejo kitajskih družb, ki delujejo samo na domačem trgu, bi bilo lahko pomembno samo za analizo pravne pogojenosti.
Finally, the product range of the tyres sold on the EU market was extended from Tier 3 tyres to Tier 1 as well as Tier 3 tyres.
Vendar pa se obravnava dejanska pogojenost.
Therefore, the Commission concluded that the CNRC actually fulfilled the conditions tied to the granting of the subsidy, i.e. CNRC's promise to increase its sales towards exports (as compared to domestic sales).
Namesto tega sklad Silk Road Fund od svoje ustanovitve decembra 2014 podpira samo tuje projekte in družbe, ki izvažajo.
Consequently, the granting of the subsidy to CNRC to purchase Pirelli was geared to induce the promotion of promised future export (compared to domestic) performance by the recipient CNCR.
Ti prejemajo finančne injekcije, ki so, kar zadeva njihov trenutni izvoz, pogojene z dajanjem prednosti izvozni prodaji (v primerjavi z domačo prodajo).
The Commission thus maintained that the subsidies provided under this measure are contingent upon export performance within the meaning of Article 4(4)(a) of the basic Regulation.
Družbe, ki sprejmejo financiranje, so tako seznanjene s tem, da je podpora dodeljena pod pogojem, da bodo pri pričakovani prodaji dajale prednost izvozu.
After final disclosure the CNRC, Pirelli and the GOC contested the export contingent nature of the measure.
Ta pravna obveznost je stalno prisotna pri vseh projektih sklada Silk Road Fund.
They argued that the granting authority had not tied the granting of the subsidy to an improved export performance of CNRC.
Pregled najnovejših dejavnosti potrjuje, da so bili prejemniki dejavni na izvoznih trgih in da je bila finančna podpora, prejeta v okviru sklada Silk Road Fund, pogojena s povečanjem njihovega izvoza (v primerjavi z domačo prodajo).
CNRC submitted that the Guiding Opinions do not exclude Chinese companies only operating on the domestic market from access to enhanced investment cooperation under the BR initiative.
Predsednik skupine Shanghai Electric Group je tudi navedel, da namerava družba s pomočjo projekta v Dubaju „spremeniti družbo Shanghai Electric v kitajsko blagovno znamko, ki bo priznana po vsem svetu“, ter dodal, da „je bil pri projektu inženirskih, nabavnih in gradbenih storitev v Dubaju dosežen velikanski napredek pri poslovanju skupine in proizvodnji opreme glede na širše ozadje pobude ‚En pas, ena cesta‘“.
Moreover, there was no contingency on export, but on value creation that happened to arise from the outward investment.
V tej zadevi je organ, ki je dodelil sredstva, v obvestilih o dodelitvi nepovratnih sredstev, posojilnih pogodbah ter naložbenem sporazumu med skladom SRF in družbo CNRC jasno navedel, da so bila sredstva prejeta pod pogojem prevzema družbe Pirelli.
The GOC also argued that a cause and effect relationship would not be sufficient to affirm export contingency.
Po proučitvi načinov delovanja, določenih v ukrepu, je Komisija ugotovila, da sklad SRF posluje le s sredstvi v tujih valutah (tj. USD in EUR).
The Commission noted that Annex I to the SCM contains an ‘Illustrative List’ of measures that can qualify as export subsidies.
Kar zadeva dejanske okoliščine, povezane z dodelitvijo subvencije, je Komisija proučila tudi podrobnosti vključitve družbe Pirelli v strukturo družbe CNRC.
Moreover, Article 3.1 (a) of the SCM Agreement refers to export subsidies, ‘including those illustrated in Annex I’.
V skladu s sporazumom med imetniki kvot, sklenjenim med družbama Cinda in CNRC, je bila kapitalska udeležba družbe Cinda v družbi Pirelli Industrial pogojena z načrtom za vložitev vseh njenih delnic v družbo Aeolus pred določenim rokom.
It follows that non-listed measures can qualify as export contingent when they meet the conditions laid down in that provision.
Če ta pogoj ne bo izpolnjen, bo sprožen dražbeni postopek za prodajo delnic družbe Cinda in s tem ustavljeno dodeljevanje sredstev.
In that respect, the Commission took into account the (i) design and structure of the measure; (ii) the modalities of operation set out in such measure; and (iii) the relevant factual circumstances surrounding the granting of the subsidy that provide the context for understanding the measure's design, structure, and modalities of operation.
O tem je družba Aeolus tudi javno obvestila šanghajsko borzo.
With respect to the design and structure of the measure, the Commission recalled that companies with only domestic activities are not eligible for funding under this programme.
Iz navedenega sledi, da je organ, ki je dodelil sredstva, postavil pravni pogoj glede načina prestrukturiranja družbe CNRC, pri čemer bi morala dajati prednost izvozu.
The fact that the Guiding Opinions do not formally exclude Chinese companies only operating on the domestic market from SRF funding, could only be relevant for a de jure contingency analysis.
Ne nazadnje, Komisija zgolj na podlagi dejanskih učinkov subvencije ni sklepala, da je v času dodelitve obstajala pogojenost, kot je trdila družba CNRC.
However, at stake is a de facto contingency.
Namesto tega je s predhodnega vidika proučila dejstva, povezana s transakcijo.