natgillin/translations-raw huggingface dataset:
Animal proteins only
Samo živalske beljakovine
Wool hides and skins only
Samo kožuh in koža
Only liquid fats, oils, and fish oils
Samo tekoče maščobe, olja in ribja olja
Icelandic ponies (from April to October only)
Islandski poniji (samo od aprila do oktobra)
Equidae only
Samo kopitarji
Only cats, dogs, rodents, lagomorphs, live fish, reptiles and other birds than ratites
Samo mačke, psi, glodalci, lagomorfi, žive ribe, plazilci in ptice razen ratitov
Only feedstuffs in bulk
Samo krma v razsutem stanju
For (U) in the case of solipeds, only those consigned to a zoo; and for (O), only day old chicks, fish, dogs, cats, insects, or other animals consigned to a zoo
Za (U) v primeru enokopitarjev, samo tisti, namenjeni v živalski vrt; in za (O), samo dan stari piščanci, ribe, psi, mačke, žuželke, ali druge živali, namenjene v živalski vrt
Nagylak HU: This is a border inspection post (for products) and crossing point (for Live animals) on the Hungarian Romanian border, subject to transitional measures as negotiated and laid down in the Treaty of Accession for both products and live animals.
Nagylak HU: To je mejna kontrolna točka (za proizvode) in prehodna točka (za žive živali) na madžarsko-romunski meji, za katero veljajo prehodni ukrepi, kakor so bili izpogajani in določeni v Pogodbi o pristopu, tako za proizvode kot za žive živali.
See Commission Decision 2003/630/EC
Glej Odločbo Komisije 2003/630/ES
Designated for transit across the European Community for consignments of certain products of animal origin for human consumption, coming to or from Russia under the specific procedures foreseen in relevant Community legislation
Namenjeno za tranzit preko Evropske skupnosti za pošiljke nekaterih proizvodov živalskega izvora za prehrano ljudi, ki prihajajo v Rusijo ali iz nje po posebnih postopkih, predvidenih v ustrezni zakonodaji Skupnosti
Aquaculture animals only
Samo živali iz ribogojstva
Fish meal only
Samo ribja moka
Country: ICELAND
Država: ISLANDIJA
Country: NORWAY
Država: NORVEŠKA
No 313/06/COL
št. 313/06/COL
amending, for the fifty-ninth time, the procedural and substantive rules in the field of State aid by introducing a new chapter 10.B — State aid to promote risk capital investment in small and medium-sized enterprises
o devetinpetdeseti spremembi procesnih in materialnih pravil na področju državne pomoči z uvedbo novega poglavja 10.B – Državna pomoč za spodbujanje naložb rizičnega kapitala v mala in srednje velika podjetja
THE EFTA SURVEILLANCE AUTHORITY [1], Having regard to the Agreement on the European Economic Area [2], in particular to Articles 61 to 63 and Protocol 26 thereof, Having regard to the Agreement between the EFTA States on the establishment of a Surveillance Authority and a Court of Justice [3], in particular to Article 24 and Article 5(2)(b) thereof, Having regard to Article 1 of Part I of Protocol 3 to the Surveillance and Court Agreement,
NADZORNI ORGAN EFTE [1] JE – ob upoštevanju Sporazuma o Evropskem gospodarskem prostoru [2] in zlasti členov 61 do 63 Sporazuma ter Protokola 26 k Sporazumu, ob upoštevanju Sporazuma med državami Efte o ustanovitvi nadzornega organa in sodišča [3] ter zlasti člena 24 in člena 5(2)(b) Sporazuma, ob upoštevanju člena 1 dela I Protokola 3 k Sporazumu o nadzornem organu in sodišču,
Whereas under Article 24 of the Surveillance and Court Agreement, the Authority shall give effect to the provisions of the EEA Agreement concerning State aid,
ker po členu 24 Sporazuma o nadzornem organu in sodišču Nadzorni organ uveljavlja določbe Sporazuma o EGP v zvezi z državno pomočjo,
Whereas under Article 5(2)(b) of the Surveillance and Court Agreement the Authority shall issue notices or guidelines on matters dealt with in the EEA Agreement, if that Agreement or the Surveillance and Court Agreement expressly so provides or if the Authority considers it necessary,
ker po členu 5(2)(b) Sporazuma o nadzornem organu in sodišču Nadzorni organ izdaja obvestila ali smernice o zadevah, obravnavanih v Sporazumu o EGP, če ta sporazum ali Sporazum o nadzornem organu in sodišču izrecno tako določa ali če Nadzorni organ meni, da je to potrebno,
Recalling the Procedural and Substantive Rules in the Field of State Aid [4] adopted on 19 January 1994 by the Authority [5], Whereas, on 19 July 2006, the Commission of the European Communities (hereinafter the Commission) adopted Community guidelines on State aid to promote risk capital investments in small and medium-sized enterprises [6],Whereas this Communication is also of relevance for the European Economic Area,
ob sklicevanju na Procesna in materialna pravila na področju državne pomoči [4], ki jih je Nadzorni organ sprejel 19. januarja 1994 [5], ker je Komisija Evropskih skupnosti (v nadaljnjem besedilu „Komisija“) 19. julija 2006 sprejela Smernice Skupnosti o državni pomoči za spodbujanje naložb rizičnega kapitala v mala in srednje velika podjetja [6],ker je to sporočilo pomembno tudi za evropski gospodarski prostor,
Whereas uniform application of the EEA State aid rules is to be ensured throughout the European Economic Area,
ker je treba po celotnem evropskem gospodarskem prostoru zagotoviti enotno uporabo pravil EGP o državni pomoči,
Whereas, according to point II under the heading ‘GENERAL’ at the end of Annex XV to the EEA Agreement, the Authority, after consultation with the Commission, is to adopt acts corresponding to those adopted by the European Commission,
ker mora v skladu s točko II pod naslovom SPLOŠNO na koncu Priloge XV k Sporazumu o EGP Nadzorni organ, po posvetovanju s Komisijo, sprejeti zakone, ustrezne tistim, ki jih je sprejela Komisija,
Having consulted the European Commission,
ob posvetovanju s Komisijo,
Recalling that the Authority has consulted the EFTA States by letters to Iceland, Liechtenstein and Norway on the subject dated 10 October 2006,
ob sklicevanju, da se je Nadzorni organ o zadevah posvetoval z državami Efte z dopisi Islandiji, Lihtenštajnu in Norveški z dne 10. oktobra 2006 –
The State Aid Guidelines shall be amended by introducing a new chapter 10.B on State aid to promote risk capital investments to small and medium-sized enterprises.
Smernice o državni pomoči se dopolnijo z uvedbo novega poglavja 10.B o državni pomoči za spodbujanje naložb rizičnega kapitala v mala in srednje velika podjetja.
The new chapter is contained in the Annex to this Decision.
Novo poglavje vsebuje Priloga k tej odločbi.
The EFTA States shall be informed of this Decision by means of a letter, together with a copy of the Decision, including the Annex.
Države Efte se o tej odločbi obvestijo z dopisom, skupaj z izvodom odločbe, ki vključuje Prilogo.
The EFTA States shall be requested to signify their agreement within two months to the proposed appropriate measures as set out in the letter (see points 83 to 85 of the Guidelines).
Države Efte so naprošene, da v dveh mesecih sporočijo svoje soglasje s predlaganimi ustreznimi ukrepi, kot so navedeni v dopisu (glej točke 83 do 85 Smernic).
The Commission shall be informed, in accordance with point (d) of Protocol 27 of the EEA Agreement, by means of a copy of this Decision, including the Annex.
Komisija se v skladu s točko (d) Protokola 27 k Sporazumu o EGP obvesti z izvodom te odločbe, vključno s Prilogo.
This Decision, including the Annex, shall be published in the EEA Section of and in the EEA Supplement to the Official Journal of the European Union.
Ta odločba, vključno s Prilogo, se objavi v sklopu EGP Uradnega lista Evropske unije in Dopolnilu EGP k Uradnemu listu Evropske unije.
Hereinafter referred to as ‘the Authority’.
V nadaljnjem besedilu „Nadzorni organ“.
Hereinafter referred to as ‘the EEA Agreement’.
V nadaljnjem besedilu „Sporazum o EGP“.
Hereinafter referred to as ‘the Surveillance and Court Agreement’.
V nadaljnjem besedilu „Sporazum o nadzornem organu in sodišču“.
Hereinafter referred to as ‘the State Aid Guidelines’.
V nadaljnjem besedilu „Smernice o državni pomoči“.
STATE AID TO PROMOTE RISK CAPITAL INVESTMENTS IN SMALL AND MEDIUM-SIZED ENTERPRISES
DRŽAVNA POMOČ ZA SPODBUJANJE NALOŽB RIZIČNEGA KAPITALA V MALA IN SREDNJE VELIKA PODJETJA
RISK CAPITAL AS AN EEA OBJECTIVE
RIZIČNI KAPITAL KOT CILJ EGP
Risk capital relates to the equity financing of companies with perceived high-growth potential during their early growth stages.
Rizični kapital zadeva financiranje podjetij z lastniškim kapitalom z ugotovljenim potencialom hitre rasti na njihovih zgodnjih stopnjah.
The demand for risk capital typically comes from companies with growth potential that do not have sufficient access to capital markets, while the offer of risk capital comes from investors ready to take high risk in exchange of potentially above average returns from the equity invested.
Po rizičnem kapitalu navadno povprašujejo podjetja s potencialom rasti, ki nimajo zadostnega dostopa do kapitalskih trgov, ponujajo pa ga investitorji, ki so pripravljeni prevzeti veliko tveganje v zameno za morebitne nadpovprečne donose od vloženega lastniškega kapitala.
On 19 July 2006, the Commission of the European Communities (hereinafter the Commission) issued Community guidelines on State aid to promote risk capital investments in small and medium-sized enterprises [1].
Komisija Evropskih skupnosti (v nadaljnjem besedilu ‚Komisija‘) je 19. julija 2006 izdala Smernice Skupnosti o državni pomoči za spodbujanje naložb rizičnega kapitala v mala in srednje velika podjetja [1].
The basis and background for the Commission's new guidelines on risk capital is the recognition of the insufficient level of risk capital available for start-up, innovative young businesses.
Podlaga in ozadje za nove smernice Komisije o rizičnem kapitalu je ugotovitev, da ni na voljo zadostna stopnja rizičnega kapitala za zagon inovativnih mladih podjetij.
In this context, the State Aid Action Plan announced the review of the Communication on State aid and risk capital [3] to tackle the market failures affecting the provision of risk capital to start-ups and young, innovative small and medium-sized enterprises (SMEs), in particular by increasing the flexibility of the rules contained in the Communication on State aid and risk capital.
V tem okviru je v Akcijskem načrtu državnih pomoči napovedan ponovni pregled Sporočila o državni pomoči in rizičnem kapitalu [3], da se odpravijo tržne nepopolnosti, ki vplivajo na zagotavljanje rizičnega kapitala za novoustanovljena ter mlada in inovativna mala in srednje velika podjetja (‚MSP‘), zlasti s povečanjem prilagodljivosti pravil, ki jih vsebuje Sporočilo o državni pomoči in rizičnem kapitalu.
While it is the primary role of the market to provide sufficient risk capital within the EEA, there is an “equity gap” in the risk capital market, a persistent capital market imperfection preventing supply from meeting demand at a price acceptable to both sides, which negatively affects European SMEs.
Čeprav je glavna vloga trga zagotoviti dovolj rizičnega kapitala v evropskem gospodarskem prostoru, je na trgu rizičnega kapitala prisotna ‚vrzel lastniških sredstev‘, to je trajno pomanjkanje na kapitalskem trgu, ki preprečuje ponudbi, da bi zadostila povpraševanju po ceni, sprejemljivi za obe strani, kar negativno vpliva na evropska MSP.
The gap concerns mainly high-tech innovative and mostly young firms with high growth potential.
Vrzel zadeva predvsem visokotehnološka, inovativna in zlasti mlada podjetja z visokim potencialom rasti.
However, a wider range of firms of different ages and in different sectors with smaller growth potential that cannot find financing for their expansion projects without external risk capital may also be affected.
Vendar pa je lahko povezana tudi s širšim sklopom podjetij različnih starosti in različnih sektorjev z manjšim potencialom rasti, ki ne morejo pridobiti financiranja za svoje projekte širitve brez zunanjega rizičnega kapitala.
The existence of the equity gap may justify the granting of State aid in certain limited circumstances.
Obstoj vrzeli lastniškega kapitala lahko upraviči dodelitev državnih pomoči v nekaterih omejenih okoliščinah.
If properly targeted, State aid in support of risk capital provision can be an effective means to alleviate the identified market failures in this field and to leverage private capital.
Če je državna pomoč pravilno usmerjana, je lahko za zagotavljanje rizičnega kapitala učinkovito sredstvo za zmanjševanje ugotovljenih tržnih nepopolnosti na tem področju in za spodbujanje zasebnega kapitala.
These guidelines replace Chapter 10A [4], State Aid and Risk Capital, of the Authority's State Aid Guidelines by setting out the conditions under which State aid supporting risk capital investments may be considered compatible with the EEA Agreement.
Te smernice nadomeščajo poglavje 10A [4], Državna pomoč in rizični kapital, Smernic Nadzornega organa o državni pomoči ter opredeljujejo pogoje, pod katerimi se državna pomoč za naložbe rizičnega kapitala lahko šteje za združljivo s Sporazumom o EGP.
The guidelines explain the conditions under which State aid is present in accordance with Article 61(1) of the EEA Agreement and the criteria that the Authority will apply in the compatibility assessment of the risk capital measures in accordance with Article 61(3) of the EEA Agreement.
Te smernice pojasnjujejo pogoje obstoja državne pomoči v skladu s členom 61(1) Sporazuma o EGP in merila, ki jih bo uporabil Nadzorni organ pri presoji združljivosti ukrepov v zvezi z rizičnim kapitalom v skladu s členom 61(3) Sporazuma o EGP.
EXPERIENCE IN THE FIELD OF STATE AID TO RISK CAPITAL
IZKUŠNJE NA PODROČJU DRŽAVNIH POMOČI ZA RIZIČNI KAPITAL
These guidelines are based on the Community guidelines on State aid to promote risk capital investments in small and medium-sized enterprises, which have been prepared in the light of the experience gained in the application of the Communication on State aid and risk capital, which corresponds to the Authority's guidelines on State aid and risk capital [5].
Te smernice temeljijo na Smernicah Skupnosti o državni pomoči za spodbujanje naložb rizičnega kapitala v mala in srednja velika podjetja, ki so bile oblikovane ob upoštevanju izkušenj, pridobljenih z uporabo Sporočila o državni pomoči in rizičnem kapitalu, ki ustreza Smernicam Nadzornega organa o državni pomoči in rizičnem kapitalu [5].
Comments, received by the Commission, from public consultations of EEA States and stakeholders on the revision of the Communication on State aid and risk capital, on the State Aid Action Plan and on the Communication on State aid to innovation [6] have also been taken into account.
Pripombe, ki jih je prejela Komisija, iz javnih posvetovanj držav EGP in zainteresiranih strank o ponovnem pregledu Sporočila o državni pomoči in rizičnem kapitalu, Akcijskem načrtu državnih pomoči in Sporočilu o državnih pomočeh za inovacije [6] so se prav tako upoštevale.
The experience of the Commission and the comments received in the consultations have shown that the Communication on State aid and risk capital has generally worked well in practice, but also revealed a need to increase the flexibility in the application of the rules and to adjust the rules to reflect the changed situation of the risk capital market.
Izkušnje Komisije in pripombe, prejete pri posvetovanjih, so pokazale, da je Sporočilo o državni pomoči in rizičnem kapitalu na splošno dobro delovalo v praksi, vendar pa so pokazale tudi potrebo po povečanju fleksibilnosti pri uporabi pravil in po prilagoditvi pravil v skladu s spremenjenim položajem na trgu rizičnega kapitala.
In addition, experience has shown that for some types of risk capital investments in some areas it was not always possible to fulfil the conditions set out in the Communication on State aid and risk capital, and, as a result, risk capital could not be adequately supported with State aid in these cases.
Poleg tega so izkušnje pokazale, da za nekatere vrste naložb rizičnega kapitala na nekaterih območjih ni bilo vedno mogoče izpolniti pogojev, določenih v Sporočilu o državni pomoči in rizičnem kapitalu, in zato v teh primerih rizičnega kapitala ni bilo mogoče ustrezno podpreti z državnimi pomočmi.
Furthermore, experience has also shown a low overall profitability of the aided risk capital funds.
Nadalje so izkušnje tudi pokazale nizko splošno donosnost skladov rizičnega kapitala, ki prejemajo pomoč.
The Authority agrees with the abovementioned views.
Nadzorni organ se strinja z zgornjimi mnenji.
To remedy these problems, these guidelines adopt a more flexible approach in certain circumstances so as to allow EFTA States to better target their risk capital measures to the relevant market failure.
Za odpravo teh težav sprejemajo te smernice v določenih okoliščinah bolj prilagodljiv pristop, tako da državam Efte omogočajo, da svoje ukrepe v zvezi z rizičnim kapitalom bolje usmerjajo na zadevne tržne nepopolnosti.
These guidelines also set out a refined economic approach for the assessment of the compatibility of risk capital measures with the EEA Agreement.
Te smernice določajo tudi nadgrajen gospodarski pristop pri presoji združljivosti ukrepov v zvezi z rizičnim kapitalom s Sporazumom o EGP.
Under the Authority's guidelines on State aid and risk capital the assessment of the compatibility of schemes was already based on a relatively sophisticated economic analysis focussing on the size of the market failure and the targeting of the measure.
Ocena združljivosti shem v skladu s Smernicami Nadzornega organa o državni pomoči in rizičnem kapitalu je že temeljila na sorazmerno zapleteni gospodarski analizi, ki se osredotoča na obseg tržne nepopolnosti in usmerjenost ukrepa.
Hence, the Authority's guidelines on State aid and risk capital already reflected the key focus of a refined economic approach.
Zato so Smernice Nadzornega organa o državni pomoči in rizičnem kapitalu že pokazale glavni poudarek nadgrajenega gospodarskega pristopa.
However, some fine-tuning was still needed in respect of some of the criteria to ensure that the measure better target the relevant market failure.
Vendar je bilo še vedno treba izpopolniti nekatera merila, da se zagotovi boljša usmerjenost ukrepa na zadevno tržno nepopolnost.
In particular, the new guidelines contain elements to ensure that profit-driven and professional investment decisions are strengthened in order to further encourage private investors to co-invest with the State.
Nove smernice zlasti vsebujejo elemente, s katerimi se zagotovi, da se dobičkonosne in strokovne odločitve o naložbah okrepijo za nadaljnje spodbujanje zasebnih investitorjev k sovlaganju z državo.
Finally, an effort has been made to provide clarity where the experience with the Commission Communication on State aid and risk capital and the Authority's guidelines on State aid and risk capital has shown that this was needed.
Poleg tega si prizadevajo zagotoviti jasnost, kadar so izkušnje s Sporočilom Komisije o državni pomoči in rizičnem kapitalu ter Smernice Nadzornega organa o državni pomoči in rizičnem kapitalu pokazale, da je to potrebno.
THE BALANCING TEST FOR STATE AID SUPPORTING RISK CAPITAL INVESTMENTS
PRESKUS IZRAVNAVE ZA DRŽAVNE POMOČI V PODPORO NALOŽBAM RIZIČNEGA KAPITALA
The State Aid Action Plan and the balancing test
Akcijski načrt državnih pomoči in preskus izravnave
In the State Aid Action Plan, the Commission underlined the importance of strengthening the economic approach to State aid analysis.
Komisija je v Akcijskem načrtu državnih pomoči poudarila pomen krepitve gospodarskega pristopa k analizi državnih pomoči.
This translates into a balancing of the potential positive effects of the measure in reaching an objective of common interest against its potential negative effects in terms of distortion of competition and trade.
To se kaže v usklajevanju možnih pozitivnih učinkov ukrepa pri doseganju cilja skupnega interesa v primerjavi z njegovimi možnimi negativnimi učinki glede izkrivljanja konkurence in trgovanja.
The balancing test, as outlined in the State Aid Action Plan, is composed of three steps, the first two relating to the positive effects and the last one to the negative effects and the resulting balance:
Preskus izravnave, kot je opisan v Akcijskem načrtu državnih pomoči, je sestavljen iz treh korakov, prva dva se nanašata na pozitivne učinke, zadnji pa na negativne učinke in na posledično izravnavo:
Is the aid measure aimed at a well-defined objective of common interest, such as growth, employment, cohesion and environment?
Ali je ukrep pomoči namenjen natančno opredeljenemu cilju skupnega interesa, kot so rast, zaposlovanje, kohezija in okolje?
Is the aid well designed to deliver the objective of common interest, that is to say, does the proposed aid address the market failure or other objective?
Ali je pomoč dobro oblikovana za dosego cilja skupnega interesa, in sicer, ali je predlagana pomoč usmerjena v tržno nepopolnost ali drug cilj?
Is State aid an appropriate policy instrument?
Ali je državna pomoč ustrezen instrument politike?
Is there an incentive effect, i.e. does the aid change the behaviour of firms and/or investors?
Ali obstaja spodbujevalni učinek, tj. ali pomoč spreminja obnašanje podjetij in/ali investitorjev?
Is the aid measure proportional, i.e. could the same change in behaviour be obtained with less aid?
Ali je ukrep pomoči sorazmeren, tj. ali bi bila lahko enaka sprememba v obnašanju dosežena z manj pomoči?
Are the distortions of competition and effect on trade limited, so that the overall balance is positive?
Ali so izkrivljanja konkurence in vpliv na trgovanje omejeni, tako da je splošna izravnava pozitivna?
The balancing test is equally relevant for the design of State aid rules and for the assessment of cases falling within their scope.
Preskus izravnave je prav tako pomemben za oblikovanje pravil državnih pomoči in presojo zadev, ki spadajo v njihov obseg.
Market failures
Tržne nepopolnosti
On the basis of the experience gained in applying the provisions on State aid and risk capital, the Authority considers that there is no general risk capital market failure within the EEA.
Nadzorni organ na podlagi izkušenj, pridobljenih pri uporabi določb o državni pomoči in rizičnem kapitalu, meni, da v EGP ni splošne tržne nepopolnosti rizičnega kapitala.
The Authority does, however, accept that there are market gaps for some types of investments at certain stages of enterprises’ development.
Vendar pa sprejema dejstvo, da obstajajo tržne vrzeli za nekatere vrste naložb na nekaterih stopnjah razvoja podjetij.
These gaps result from an imperfect matching of supply and demand of risk capital and can generally be described as an equity gap.
Te vrzeli so posledica pomanjkljive usklajenosti ponudbe in povpraševanja po rizičnem kapitalu ter se lahko na splošno opišejo kot vrzeli lastniškega kapitala.
The provision of equity finance, in particular to smaller businesses, presents numerous challenges both to the investor and to the enterprise invested in.
Zagotavljanje sredstev lastniškega kapitala, zlasti za manjša podjetja, pomeni številne izzive za investitorja in za podjetje, v katero se vlaga.
On the supply side, the investor needs to make a careful analysis not merely of any collateral being offered (as is the case of a lender) but of the entire business strategy in order to estimate the possibilities of making a profit on the investment and the risks associated with it.
Investitor mora, kar zadeva ponudbo, skrbno analizirati ne le vsa ponujena poroštva (kakor to stori posojilodajalec), temveč tudi celotno poslovno strategijo, da oceni možnosti ustvarjanja dobička iz naložbe in z naložbo povezana tveganja.
The investor also needs to be able to monitor that the business strategy is well implemented by the enterprise's managers.
Investitor mora biti tudi sposoben spremljati, ali upravljavci podjetja dobro izvajajo poslovno strategijo.
The investor finally needs to plan and execute an exit strategy, in order to generate a risk-adjusted return on investment from selling its equity stake in the company in which the investment is made.
Poleg tega mora investitor tudi načrtovati in izvesti strategijo izstopa, da ustvari tveganju ustrezen donos za naložbo s prodajo svojega deleža lastniškega kapitala v podjetju, ki je predmet naložbe.