natgillin/translations-raw huggingface dataset:
Therefore, the Commission must conclude that the third Altmark condition is not met either.
ne glede na vrsto zadevnega podjetja, kadar izpolnjuje merila po nacionalni zakonodaji, da je predmet skupnih postopkov v primeru insolventnosti.
Given that the first three Altmark conditions have not been met, the Commission concludes that the compensation granted to Saremar by Regional Law 15/2012 provides an economic advantage to Saremar.
Točka 11 smernic za reševanje in prestrukturiranje navaja, da tudi ko ni prisotna nobena od okoliščin iz točke 10, se družba še vedno lahko šteje za podjetje v težavah, in našteje nekatere običajne znake takšnih razmer, in sicer: naraščajoče izgub, upadanje prometa, kopičenje zalog, presežki prostih zmogljivosti, padanje denarnih tokov, naraščajoči dolgovi, naraščajoči stroški obresti ter zmanjševanje ali izguba vrednosti premoženja.
Conclusion
Družba Saremar je imela leta 2010 izgubo v višini 5253530 EUR.
The compensation granted to Saremar by virtue of Regional Law 15/2012 provides the beneficiary with an economic advantage.
Izguba iz leta 2010 se je prenesla na leto 2012 in je bila pokrita z zmanjšanjem kapitala družbe v višini od 6099961 EUR do 1209010,64 EUR.
Promotional activities
Družba Saremar je leta 2011 torej izgubila več kot 80 % svojega kapitala in jo je treba šteti kot podjetje v težavah v skladu s točko 10 smernic za reševanje in prestrukturiranje.
As concerns the promotional activities, the Commission first notes that the logos and advertising effectively carried on Saremar vessels did not refer to the reduction in prices of maritime transport services but were intended at promoting Sardinia as tourist destination.
V skladu z bilanco stanja družbe Saremar iz leta 2012 je v navedenem letu družba še vedno beležila izgubo v višini 1,7 milijona EUR.
Therefore, the question that arises is whether Saremar received a remuneration for those promotional activities which was above market price.
Kot je navedeno v uvodni izjavi 157, Komisija ugotavlja, da je tudi družba Saremar sama menila, da je bil njen finančni položaj leta 2012 kritičen.
RAS has argued that promotional activities carried out by Saremar have been priced at market rates.
Tako stanje se je odražalo v sklepu 41/23, ki ga je 15. oktobra 2012 sprejela RAS.
The Commission should presumably take into account the fact that these activities have been carried out by Saremar both in 2011 and 2012.
Sklep je navajal obvestilo z dne 4. oktobra 2012, ki ga je predložil predsednik družbe Saremar, da je RAS med drugim obvestil o tem, da če se določbe iz Deželnega zakona 15 z dne 7. avgusta 2012 o dodelitvi subvencije v višini 10 milijonov EUR družbi ne začnejo izvajati takoj, bo zaradi zadolženosti družbe vprašljivo nadaljevanje njene dejavnosti, kar bo pomembno vplivalo tako na javno storitev kot na predvideno privatizacijo družbe.
As mentioned above, a study concluded by an expert appointed by RAS was submitted to the Commission in August 2013.
Glede na stalne izgube, likvidnostne težave in analizo, ki jo je opravila družba Saremar sama, Komisija ugotavlja, da je družbo treba šteti za podjetje v težavah tudi na podlagi člena 11 smernic za reševanje in prestrukturiranje.
The study concluded that the market value of the promotional activities carried out by Saremar in 2011 and 2012 would range between EUR 2458168 and EUR 2609631.
Leta 2012 so se finančne težave družbe Saremar omilile, in sicer z dodelitvijo nadomestila novembra/decembra 2012, ki se trenutno ocenjuje.
Hence the EUR 2479000 price set by RAS would be justified.
Če družba Saremar teh zneskov ne bi prejela, bi leta 2012 zabeležila izgubo v višini 13 milijonov EUR.
In the present case, there was neither an open and unconditional bidding procedure nor an ex-ante independent expert valuation prepared for the purposes of awarding the services in order to ensure that the price adequately reflects the market value of the services.
V skladu s točko 9 okvira SSGP iz leta 2011 je treba nadomestilo SSGP, dodeljeno podjetjem v težavah, oceniti na podlagi smernic za reševanje in prestrukturiranje.
Since the activities in question were not tendered out, it cannot be assumed that the price paid by RAS is in line with market conditions, thus ruling out the possibility that it conferred an advantage on Saremar.
Ker pogoji iz sklepa SSGP iz leta 2011 niso izpolnjeni, je treba nadomestilo, ki ga je družba Saremar kot podjetje v težavah prejela za upravljanje zadevnih dveh poti, oceniti v skladu s smernicami za reševanje in prestrukturiranje, da se ugotovi, ali se lahko razglasi za združljivo z notranjim trgom v skladu s členom 107(3) PDEU.
The mere fact that the amount was originally granted as compensation for promotional activities to be carried out exclusively in 2011, and that no advertising was supposed to be carried out by Saremar in 2012, suggests that the price was not based on a reliable ex-ante valuation of costs.
Vendar je treba upoštevati vse pogoje iz smernic za reševanje in prestrukturiranje, da se državna pomoč podjetju v težavah šteje za združljivo z notranjim trgom v skladu s členom 107(3)(c) PDEU.
Nonetheless, it cannot be ruled out that other valuation methods may be applied in such instances, so long as it is ensured that the price actually paid by the purchaser on the basis of those methods reflects, as far as possible, the market value of the service.
V skladu s točko 13 smernic za reševaje in prestrukturiranje podjetje, ki pripada večji poslovni skupini, običajno ni upravičeno do pomoči za prestrukturiranje, razen če je mogoče dokazati, da je vzrok težav v podjetju samem in te niso posledica samovoljnega prerazporejanja stroškov v skupini ter da so težave prehude, da bi jih lahko odpravila skupina sama.
RAS has indeed produced a valuation report showing that the services have been priced at market value.
Po prenosu iz matične družbe Tirrenia je družba Saremar v celoti v lasti RAS in zato ni del skupine.
The expert derived the market value of the services provided by Saremar to RAS based on a benchmark with average advertising costs per square meter estimated on the basis of parameters such as duration (certain discounts for the continuation of the advertising campaign in 2012 were taken into account), type of the advertising (internal or external) and location (main cities, important influx of population, mobility areas).
Da bi ukrep veljal za združljivega v skladu s točkami od 34 do 37 smernic za reševanje in prestrukturiranje, je treba v načrtu za prestrukturiranje podrobno analizirati razloge, ki so privedli do težav, in predstaviti načine za ponovno vzpostavitev dolgoročne gospodarske uspešnosti in zdravega stanja podjetja v razumnem časovnem okviru.
Given that the valuation was carried out on the basis of generally accepted valuation standards, which in this case consist of an analysis of transactions involving similar services, the Commission considers that the valuation adequately reflects the market value of the services in question.
To je treba izvesti na podlagi realnih domnev glede prihodnjih pogojev upravljanja s scenariji, ki odražajo najbolj optimistična, najbolj pesimistična in vmesna predvidevanja, ter značilnih prednosti in pomanjkljivosti podjetja.
The Commission considers that it cannot rely on the report of the expert commissioned by the Court of Genoa in the context of civil proceedings concluding that the pricing of the promotional activities was excessive: no benchmark is considered and no market value is put forward for comparable advertising activities in that report.
Načrt, ki ga je treba predložiti Komisiji, mora vsebovati vse pomembne podrobnosti in zlasti vključevati tržno raziskavo.
Moreover, there is no indication that the expert in question has any relevant experience in carrying out similar tasks.
Komisiji ni bil predložen noben tak načrt.
On this basis, the Commission cannot conclude that the price paid by RAS for the promotional services contains State aid.
RAS je sicer res predložila poslovni načrt družbe Saremar za obdobje 2011–2022, vendar ta načrt ni v skladu z zahtevami smernic za reševanje in prestrukturiranje.
EUR 3 million loan and the letters of comfort
V tem primeru je bil poslovni načrt družbe Saremar odobren julija 2010, preden je RAS dodelila nadomestilo, in ni temeljilo na zamisli, da bi bil tak ukrep sprejet v korist družbe Saremar.
In particular, the EUR 3 million credit line initially considered was not drawn by Saremar before the first comfort expired and the second letter of comfort authorised by Decision 52/119/EC in the end was not issued by RAS.
Načrt ne vsebuje natančne predstavitve okoliščin, zaradi katerih se je družba znašla v težavah, niti ne opisuje sredstev za obnovitev njene dolgoročne gospodarske uspešnosti in sploh ne navaja upravljanja povezav med Sardinijo in celino s strani družbe Saremar.
The recapitalisation
Na podlagi tega Komisija meni, da pogoj za ukrep ni bilo izvajanje poslovnega načrta za izpolnitev zahtev iz smernic za reševanje in prestrukturiranje, ki zadostuje za izključitev njegove združljivosti z notranjim trgom.
RAS has argued that (i) the measure did not involve a transfer of new public resources since it merely implied a transfer of funds already at Saremar's disposal, (ii) the measure was justified by profitability perspectives and based on a business plan prepared ex-ante, and (iii) the measure aimed to maximise the proceeds of the sale and was due to the financial situation of former parent company Tirrenia.
Treba je tudi sprejeti ukrepe za zagotovitev, da se negativni učinki pomoči na trgovinske pogoje čim bolj ublažijo.
RAS claimed that the measure was in no way linked to the operation by Saremar of the two routes to the mainland, but rather to the provision of SGEIs under the initial Convention with the Italian State, as prolonged.
Pomoč ne sme neupravičeno izkrivljati konkurence.
In order to assess whether the recapitalisation entailed an advantage to Saremar, the Commission must assess whether in similar circumstances, a private investor in a market economy would have made capital contributions of the same size, having regard in particular to the information available and foreseeable developments at the date of those contributions.
To običajno pomeni omejitev prisotnosti, ki jo družba lahko uživa na svojih trgih, ob koncu obdobja prestrukturiranja.
The MEIP should be applied ex-ante, i.e. one should determine whether at the time of the investment a private investor in a market economy would have prevailed upon making such capital contribution.
Nadomestni ukrepi bi morali biti sorazmerni z izkrivljajočimi učinki pomoči in zlasti z velikostjo in sorazmernim pomenom družbe na njenem trgu ali trgih.
A market investor would duly take into account the risks associated with the investment — so as to require higher profitability from more risky investments.
Stopnjo nadomestnih ukrepov je treba določiti za vsak primer posebej in ob upoštevanju cilja ponovne vzpostavitve dolgoročne gospodarske uspešnosti družbe.
If, for instance, specific regulatory requirements, such as on minimum capital or liquidity, make the investment unprofitable, a market economy investor would not proceed with the investments.
Poleg tega bo Komisija v skladu s točko 7 smernic za reševanje in prestrukturiranje zahtevala nadomestne ukrepe, ki čim bolj zmanjšajo učinke na tekmece.
The recapitalisation of Saremar was finally decided on 15 June 2012 when the Shareholders' Assembly decided to increase Saremar capital from EUR 1209010,64 to EUR 6099961 of which EUR 824309,69 paid in on 11 July 2012.
RAS ni predlagala nobenega nadomestnega ukrepa v zameno za morebitno izkrivljanje konkurence zaradi dodelitve pomoči.
Given that the company appeared to be in a precarious financial position, it was the Commission's preliminary view in the 2012 Decision that a market economy investor would have required the implementation of a plan to restore the firm's viability, so that the company could provide a sufficient return for its shareholders.
Pomoč mora biti strogo omejena na najmanjšo potrebno za prestrukturiranje.
This view was supported by the interested parties in the course of the investigation.
Pričakuje se, da bo upravičenec znatno prispeval k načrtu prestrukturiranja iz lastnih virov, tudi s prodajo sredstev, ki niso bistvena za preživetje družbe, ali iz zunanjega financiranja po tržnih pogojih.
RAS provided to the Commission Saremar's business plan for 2011-2022, approved in July 2010.
Takšen prispevek mora biti realen, tj. dejanski, in ne sme vključevati nobenih prihodnjih dobičkov, kot je denarni tok, ker je to znak, da trgi verjamejo v ponovno vzpostavitev sposobnosti za preživetje družbe.
The Commission considers that Saremar's business plan for 2011-2022 is not based on realistic assumptions since (i) it did not refer to the capitalisation of the company by the public shareholder, but rather to a capital injection to be carried out pari passu by a future private shareholder and RAS after completion of the partial privatisation initially foreseen for November 2010; the capital injection laid down by the business plan for 2010 was supposed to provide one third of the required funding to acquire two vessels, whereas the remaining 70 % would have been obtained by the repayment by Tirrenia to Saremar of a EUR 11,5 loan (see recital 89 above) and from various financial institutions; (ii) it covers the 12-year duration of the new public service contract to be signed with the buyer of the company, which was initially sought to be signed end 2010.
Komisija ugotavlja, da subvencija, dodeljena družbi Saremar za pokritje primanjkljaja, nastalega pri upravljanju obeh poti do celinske Italije leta 2011 in 2012, pomeni nezdružljivo pomoč družbi Saremar kot podjetju v težavah.
This plan therefore only concerns measures to be implemented upon partial privatisation of the company.
Zaradi dokončanja je Komisija preverila tudi, ali bi bila zadevna pomoč združljiva z okvirom SSGP iz leta 2011, če družba Saremar ne bi bila podjetje v težavah v trenutku, ko je bila ta pomoč dodeljena.
In summary, the business plan provided by RAS predates of about two years the binding decision to recapitalise Saremar.
Resnična storitev splošnega gospodarskega pomena, kot je navedena v členu 106 Pogodbe
In the meanwhile the market situation had changed significantly: Tirrenia was admitted to the extraordinary administration procedure in August 2010 and declared insolvent by the Court; the former parent company was subsequently acquired by CIN and the latter signed on 18 July 2012 a new Convention laying down PSOs on the routes between Sardinia and mainland Italy; Saremar's privatisation was delayed.
Kot je navedeno v točki 56 okvira SSGP iz leta 2011, imajo države članice visoko stopnjo diskrecije v zvezi z naravo storitev, ki bi se lahko uvrstile med storitve splošnega gospodarskega pomena.
The Commission considers a private investor would have updated its business plan to take into account the new market situation before deciding to inject the sums in question.
Naloga Komisije je zagotoviti, da se stopnja diskrecije uporabi brez očitne napake, kar zadeva opredelitev SSGP.
Both RAS and Saremar have confirmed that the capital injection was agreed so as to satisfy regulatory requirements, thus allowing the company to continue to stay in business.
Na podlagi razlogov, navedenih v uvodnih izjavah od 188 do 210, Komisija meni, da se v tem primeru ta pogoj ni upošteval.
The case file contains no document showing that RAS took into consideration the profitability prospects of the company in the changed market situation when it decided to inject capital into Saremar in June 2012.
Potreba po aktu o pooblastitvi, ki določa obveznosti javnih storitev in načine izračuna nadomestila
The Commission considers that compliance with regulatory capital requirements would not have been a sufficient reason for a private market investor to inject further capital into a company.
V skladu z oddelkom 2.3 okvira SSGP iz leta 2011 pojem storitev splošnega gospodarskega pomena v smislu člena 106 PDEU pomeni, da je bilo zadevno podjetje pooblaščeno za opravljanje storitev splošnega gospodarskega pomena z uradnim aktom ali več uradnimi akti.
As provided in the Commission communication on the application of Articles 92 and 93 of the EEC Treaty [now 107 and 108 TFEU] (hereinafter the MEIP Communication), investors are often obliged by law to contribute with additional equity to firms whose capital base has been eroded by continuous losses to below a predetermined level.
V teh aktih mora biti navedeno zlasti naslednje:
To answer Member States' claims that these capital injections cannot be considered as aid as they are merely fulfilling a legal obligation, the MEIP Communication provides that private investors faced with such a situation would consider all other options – including the liquidation or run-down – and choose the one which is financially the most advantageous.
konkretna narava obveznosti javnih storitev in njeno trajanje;
For the purpose of assessment of MEIP compliance, the Commission may only take into account information which was available at the time when the decision to make the investment was taken, including developments which were reasonably foreseeable at that time.
zadevno podjetje in ozemlje;
On account of the information available at the relevant time, the decision to recapitalise the company does not appear to be based on economic evaluations comparable to those which, in the relevant circumstances, a rational private investor in a similar situation would have had carried out, before making the investment, in order to determine its future profitability.
narava izključnih pravic, dodeljenih družbi Saremar;
Indeed, the Commission notes that, at the time the recapitalisation was decided, the company was facing acute financial difficulties.
opis mehanizma nadomestila in meril za izračun, nadzor in pregled nadomestila;
In addition, as put forward by RAS itself, it was not at that stage certain whether the operation of the routes to minor islands and Corsica would continue to be subsidised by the State.
dogovori za preprečitev kakršnega koli prekomernega nadomestila in njegovo vračilo.
The Commission considers that RAS's argument, according to which several market investors had also injected capital into their companies competing with Saremar, thereby supporting their loss-making operations, is irrelevant to the extent that each investment decision must be assessed on its own merits.
Trajanje obdobja pooblastitve
Fully fledged profitability projections may have been available to these private investors at the time of their investments.
Kot je navedeno v oddelku 2.4 okvira SSGP iz leta 2011, mora biti „trajanje obdobja pooblastitve […] utemeljeno z navedbo objektivnih meril, kot je potreba po amortizaciji neprenosljivih stalnih sredstev.
Furthermore, such companies may have been in a better financial situation prior to the recapitalisation, thus making it more likely that a return to profitability could be achieved.
Trajanje obdobja pooblastitve načeloma ne sme biti daljše od obdobja, potrebnega za amortizacijo najpomembnejših sredstev, ki so potrebna za opravljanje storitve splošnega gospodarskega pomena.“
The Commission must likewise reject RAS's claim that the capitalisation of the company was in no way linked to the operation by Saremar of the routes to mainland Italy.
Ker je v tem primeru obdobje izvajanja storitev omejeno na leti 2011 in 2012, je ta pogoj izpolnjen.
As stressed by RAS, the objective of the measure was to allow the company to continue operation by bringing the capital, which had dropped by more than one third, back to legally approved standards.
Znesek nadomestila
Therefore, the recapitalisation of Saremar benefitted necessarily all the activities offered by that undertaking.
Točka 21 okvira SSGP iz leta 2011 navaja, da „[…] znesek nadomestila ne sme presegati zneska, ki je nujen za kritje neto stroškov izpolnjevanja obveznosti javne storitve, vključno z zmernim dobičkom“.
The Commission therefore concludes that the decision to recapitalise the company does not comply with the MEIP and therefore confers on Saremar an advantage that it would not have received under normal market conditions.
Ukrep pomoči se lahko šteje za nujnega, če sta njegova znesek in oblika takšna, da je nujen za doseganje cilja javnega interesa.
Affectation of trade and distortion of competition
Določen mora biti v minimalni višini, ki je nujna za doseganje cilja, in v obliki, ki je najbolj primerna za odpravo motnje.
In order to be qualified as State aid, a financial measure must affect trade between Member States and distort or threaten to distort competition.
Zato je v tem primeru treba količinsko opredeliti dodatne stroške obveznosti javnih storitev, naložene družbi Saremar z akti o pooblastitvi, in primerjati te dodatne stroške s prednostmi, ki ji jih je dodelila RAS.
In its assessment of those two conditions, the Commission is not required to establish that the aid has a real effect on trade between Member States and that competition is actually being distorted, but only to examine whether that aid is liable to affect such trade and distort competition.
Nadomestilo za javno storitev, dodeljeno družbi Saremar, znaša 10 milijonov EUR.
When aid granted by a Member State strengthens the position of an undertaking compared with other undertakings competing in intra-Union trade, the latter must be regarded as affected by that aid.
RAS je trdila, da so v ustreznem obdobju dodatni stroški, nastali pri zagotavljanju storitev, ustrezali finančni podpori, dodeljeni družbi Saremar, ne da bi se upošteval razumen dobiček.
Therefore, the measure under scrutiny is liable to affect Union trade and distort competition within the internal market.
Na podlagi teh rezultatov se zdi, da nadomestilo, ki ga je dodelila RAS, ne presega primanjkljaja, nastalega pri izvajanju storitev.
The fact that Saremar's share in that market has remained marginal does not affect this finding.
Vendar, kot je bilo že ugotovljeno v zvezi s tretjim pogojem iz zadeve Altmark ter iz že navedenih razlogov, Komisija meni, da družba Saremar ni bila upravičena do prejetja nadomestila za stroške, nastale pri upravljanju obeh poti, in nadomestilo ni jasno izražalo opredeljenih obveznosti javnih storitev.
LAWFULNESS OF THE AID
Ker je bila pomoč dodeljena po začetku veljavnosti novega okvira SSGP, je treba njeno združljivost prav tako oceniti na podlagi naslednjih pogojev:
All measures subject to this Decision have been put into effect before formal approval by the Commission.
odstavek 14: ustrezno upoštevati potrebe javnih storitev, ko se izvajalcu daje pooblastilo za določeno storitev splošnega gospodarskega pomena;
Therefore the Italian authorities did not respect the stand-still obligation under Article 108(3) TFEU.
odstavek 19: skladnost s pravili Unije o postopku oddaje javnega naročila, ko se daje pooblastilo za storitev splošnega gospodarskega pomena;
COMPATIBILITY OF THE AID
odstavek 20: nediskriminatorna obravnava;
Insofar as the measures identified above constitute State aid within the meaning of Article 107(1) TFEU, their compatibility can be assessed in the light of the exceptions laid down in paragraphs 2 and 3 of that Article and Article 106(2) TFEU.
odstavek 24 (in naslednji odstavki): izračun neto stroškov na podlagi metodologije NAC (Net Avoided Cost);
According to the case-law of the Court of Justice, it is up to the Member State to invoke possible grounds for compatibility and to demonstrate that the conditions for compatibility are met.
odstavek 39 (in naslednji odstavki): spodbude za učinkovitost;
RAS considers that none of the measures under assessment constitutes State aid and has only provided possible grounds for compatibility as concerns the compensation for the operation of the two routes to the mainland and the subsidy paid for the promotional activities.
odstavek 60: preglednost.
On 31 January 2012 the new SGEI package entered into force.
RAS ni izvedla javnega posvetovanja niti ni objavila zahtevanih informacij v zvezi z obveznostmi javnih storitev ter vnaprej plačanim nadomestilom za njihovo izpolnjevanje.