natgillin/translations-raw huggingface dataset:
The Icelandic authorities have indicated that ‘it was a critical factor in [the financial] negotiations that the pension debt would be removed from the balance sheet of the company, so that it could provide a viable and plausible repayment schedule.
Islandski organi so navedli, da „je bil zelo pomemben dejavnik [finančnih] pogajanj, da bo pokojninski dolg odstranjen iz bilance stanja družbe, tako da bo ta lahko zagotovila izvedljive in verjetne roke za odplačilo.
It is clear, and this view was shared by the buyers and creditors, that the company could not have serviced both the pension debt and other short and long term loans, as well as maintaining a critical level of fixed asset investments to keep the company operational.’
Očitno je, in tako so menili kupci in upniki, da družba ne bi mogla odplačevati pokojninskega dolga ter drugih dolgoročnih in kratkoročnih posojil ob hkratnem vzdrževanju kritične višine naložb v osnovna sredstva za zagotovitev njenega poslovanja.“
To remove the pension debt along with a partial repayment of other debt was an essential part of gaining approval for the financial restructuring.
Odprava pokojninskega dolga in delno poplačilo drugega dolga sta bila ključna pogoja za pridobitev odobritve finančnega prestrukturiranja. Prestrukturiranje delovne sile
Restructuring of workforce
Ob prodaji je imela družba Sementsverksmiðjan hf.
At the time of the sale, 63 employees worked for Sementsverksmiðjan hf.
63 zaposlenih.
An analysis of the economic characteristics of the undertaking and of the market in which it was active showed that the workforce would have to be reduced by at least 20 employees.
Analiza ekonomskih značilnosti podjetja in trga, na katerem je delovalo, je pokazala, da bi bilo treba delovno silo zmanjšati za najmanj 20 zaposlenih.
A minimum of 41 employees were needed to operate the factory.
Tovarna je za svoje obratovanje potrebovala najmanj 41 zaposlenih.
The contracts with redundant staff were terminated, whereby, due to the long employment history of some employees, the severance costs were high.
Pogodbe s presežnimi delavci so bile prekinjene, pri čemer so bili stroški odpravnin visoki, ker so imeli nekateri zaposleni dolgo delovno dobo.
Secondly, the company operated a bonus scheme related to production for the majority of its employees.
Drugič, družba je za večino zaposlenih izvajala sistem premij, povezan s proizvodnjo.
The amount to be distributed to employees was fixed so that the costs for the production bonus remained the same for the undertaking regardless of the number of employees.
Znesek, ki se je razdelil med zaposlene, je bil fiksen, tako da so stroški za dodatek, vezan na proizvodnjo, ostali za podjetje enaki, ne glede na število zaposlenih.
A negotiation was initiated with the trade union to apply this production bonus per employee so that the reduction in the overall number of staff would correspond to a reduction in the overall amount of production bonus paid.
Začela so se pogajanja s sindikatom, da bi se dodatek, vezan na proizvodnjo, uporabljal na zaposlenega, tako da bi zmanjšanje skupnega števila zaposlenih ustrezalo zmanjšanju skupnega zneska izplačanega dodatka, vezanega na proizvodnjo.
Restructuring of production costs and alternative revenue sources
Prestrukturiranje proizvodnih stroškov in nadomestni viri prihodkov
According to the Icelandic authorities, the most important measure was to re-negotiate the prices of raw materials.
Po navedbah islandskih organov so bila najpomembnejši ukrep ponovna pogajanja o cenah surovin.
Moreover, the composition of cement was changed to reduce the energy costs for production.
Spremenili so tudi sestav cementa, da bi se zmanjšali stroški energije za proizvodnjo.
Regarding the re-negotiation of prices for raw materials, a significant part of the variable operational costs of Sementsverksmiðjan hf. was related to international/national market prices and could not be altered.
Pri ponovnih pogajanjih o cenah surovin se je velik del spremenljivih stroškov poslovanja družbe Sementsverksmiðjan hf. nanašal na mednarodne/domače tržne cene in ga ni bilo mogoče spremeniti.
This was the case for coal, electricity, silica dust and other raw materials.
To je veljalo za premog, elektriko, kremenov prah in druge surovine.
However, the price for the supply of shell sand, the single most significant domestic raw material, could be reduced by […] %.
Cena za dobavo školjčnega peska, edine najpomembnejše domače surovine, bi se lahko znižala za […] %.
The price for other domestic raw materials could also be negotiated.
Glede cene drugih domačih surovin bi se bilo tudi mogoče pogajati.
Moreover, Sementsverksmiðjan hf. had started to burn waste fluids as an alternative source of revenue and as a means to reduce the overall fuel costs.
Družba Sementsverksmiðjan hf. je za nadomestni vir prihodka in zmanjšanje skupnih stroškov goriva že začela kuriti odpadne tekočine.
Compliance with the restructuring requirements
Skladnost z zahtevami za prestrukturiranje
On the basis of the measures described above, the Authority finds that the restructuring plan for Sementsverksmiðjan hf. complies with the requirements of the R & R guidelines.
Na podlagi zgoraj opisanih ukrepov Nadzorni organ ugotavlja, da je načrt za prestrukturiranje družbe Sementsverksmiðjan hf. v skladu z zahtevami smernic za reševanje in prestrukturiranje.
The restructuring plan described the circumstances that led to Sementsverksmiðjan hf.’s difficulties.
V načrtu za prestrukturiranje so opisane okoliščine, ki so privedle družbo Sementsverksmiðjan hf. v težave.
Sementsverksmiðjan hf. was not in the position to face competition and the economic weaknesses of the construction sector at the beginning of the 2000s.
Družba Sementsverksmiðjan hf. se ni mogla spopasti s konkurenco in gospodarske šibkosti gradbenega sektorja na začetku novega tisočletja.
The plan comprised a thorough financial restructuring covering debt re-negotiation with creditors and the taking over by the Icelandic State of the pension liabilities towards the State Pension Fund.
Načrt je obsegal temeljito finančno prestrukturiranje, ki je vključevalo ponovno pogajanje o posojilih z upniki in prevzem pokojninskih obveznosti do Državnega pokojninskega sklada, ki ga je izvedla islandska država.
Financial restructuring was accompanied by measures of physical restructuring including the restructuring of the workforce (termination of contracts with workers, re-negotiation of advantages for workers) and in particular the re-structuring of production costs, the most costly part of the re-structuring plan.
Finančno prestrukturiranje so spremljali ukrepi fizičnega prestrukturiranja, ki je vključevalo prestrukturiranje delovne sile (prekinitev pogodb z delavci, ponovna pogajanja o ugodnostih za delavce) in zlasti prestrukturiranje proizvodnih stroškov, ki je bilo najdražji del načrta za prestrukturiranje.
The production costs were reduced, the composition of cement was changed, the contracts with suppliers were re-negotiated, market initiatives were started to increase revenues.
Proizvodni stroški so se zmanjšali, sestava cementa se je spremenila, pogodbe z dobavitelji so se na novo dogovorile in začele so se izvajati tržne pobude za povečanje prihodkov.
The re-structuring plan of Sementsverksmiðjan hf. foresaw the return to viability within a short deadline of two years, which seems a reasonable timescale.
Načrt za prestrukturiranje družbe Sementsverksmiðjan hf. je predvideval ponovno vzpostavitev rentabilnosti v kratkem roku dveh let, kar se zdi razumno.
The plan has now been fully implemented and has enabled the company to compete in the marketplace on its own merits.
Načrt je bil v celoti izveden in je družbi omogočil samostojno konkuriranje na trgu.
For these reasons, on the basis of the information provided by the Icelandic authorities, the Authority considers that the restructuring plan in favour of Sementsverksmiðjan hf. complies with the requirements of Section 16.3.2.2(b) of the R & R guidelines.
Zato Nadzorni organ na podlagi informacij islandskih organov meni, da je načrt za prestrukturiranje družbe Sementsverksmiðjan hf. v skladu z zahtevami oddelka 16.3.2.2(b) smernic za reševanje in prestrukturiranje.
Avoidance of undue distortions of competition
Preprečitev nedovoljenega izkrivljanja konkurence
Section 16.3.2.2(c) of the R & R guidelines requires measures to be taken to mitigate as far as possible any adverse effects of the aid on competitors.
V skladu z oddelkom 16.3.2.2(c) smernic za reševanje in prestrukturiranje je treba sprejeti ukrepe, ki kar najbolj ublažijo škodljive učinke pomoči na konkurente.
Otherwise, the aid should be regarded as contrary to the common interest and therefore incompatible with the functioning of the EEA Agreement.
V nasprotnem primeru bi bila pomoč v nasprotju s skupnimi interesi in zato nezdružljiva z delovanjem Sporazuma EGP.
This condition usually takes the form of a limitation on the presence which the company can enjoy on its market after the end of the restructuring period.
Ta pogoj po navadi pomeni omejitev prisotnosti podjetja na trgu po izvedenem prestrukturiranju.
Where the size of the relevant market is negligible at EEA level, or the firm’s share of the relevant market is negligible, it should be considered that there is no undue distortion of competition.
Če je velikost upoštevnega trga na ravni EGP zanemarljiva ali če je zanemarljiv delež podjetja na upoštevnem trgu, se šteje, da ni nedovoljenega izkrivljanja konkurence.
According to the provisions of Section 16.3.2.2(c) of the R & R guidelines, the Authority shall determine the extent of the limitation or reduction necessary to assure that there is no undue distortion of competition on the basis of the market survey attached to the re-structuring plan and, where the procedure has been initiated, on the basis of information supplied by interested parties.
V skladu z določbami 16.3.2.2(c) smernic za reševanje in prestrukturiranje Nadzorni organ določi potrebni obseg omejitve ali zmanjšanja, da se prepreči nedovoljeno izkrivljanje konkurence, na podlagi raziskave trga, priložene načrtu za prestrukturiranje, če je bil sprožen postopek, pa na podlagi informacij zainteresiranih strani.
The R & R guidelines have a more favourable view on those undertakings regarding which the continuation of operation is unlikely to have significant effects on the competitive situation in the EEA.
Smernice za reševanje in prestrukturiranje zavzemajo ugodnejše stališče do tistih podjetjih, za katera je malo verjetno, da bo njihovo nadaljnje poslovanje izrazito vplivalo na konkurenčne razmere v EGP.
The Icelandic authorities have provided a market survey on Sementsverksmiðjan hf. and the Icelandic market of cement, which is the only market in which the company is active.
Islandski organi so predložili raziskavo trga o družbi Sementsverksmiðjan hf. in islandskem trgu cementa, ki je edini trg, na katerem družba deluje.
According to this survey, the total market for cement in Iceland is limited because of the small population of the country.
V skladu s to raziskavo je celoten trg za cement v Islandiji omejen zaradi majhnega števila prebivalstva v državi.
There are two companies active in the cement market in Iceland: Sementsverksmiðjan hf. and Aalborg Portland Ísland hf.
Na islandskem trgu za cement sta dejavni dve družbi: Sementsverksmiðjan hf. in Aalborg Portland Íslandi hf.
Whereas the former produces and sells cement and slag cement, the latter imports cement from Denmark and sells it in Iceland.
Medtem ko prva proizvaja in prodaja cement in žlindrani cement, druga uvaža cement iz Danske in ga prodaja v Islandiji.
In 2002, the consumption of cement in Iceland added up to 122899 tons [34].
Leta 2002 je poraba cementa v Islandiji znašala 122899 ton [34].
Moreover, according to the provisions of Section 16.1(3) of the R & R guidelines, restructuring aid may be considered justified not only by social or regional policy considerations but also by the desirability of maintaining a competitive market structure when the disappearance of firms could lead to a monopoly or a tight oligopoly situation.
V skladu z določbami oddelka 16.1(3) smernic za reševanje in prestrukturiranje pomoč za prestrukturiranje lahko upravičuje socialna ali regionalna politika podjetja, pa tudi želja po vzdrževanju konkurenčne tržne strukture, ko bi izginjanje podjetij lahko vodilo v monopolni ali izrazito oligopolni položaj.
This would be the case in Iceland if Sementsverksmiðjan hf. were to disappear from the market, which would most likely become a monopoly market for cement depending on the imports from the sole other competitor in the Icelandic market for cement.
To bi se zgodilo v Islandiji, če bi družba Sementsverksmiðjan hf. izginila s trga, ki bi najverjetneje postal monopolni trg za cement, odvisen od uvoza edinega preostalega tekmeca na islandskem trgu za cement.
The fact that the market for cement in Iceland has been characterised by either a monopoly or a tight oligopoly of two market players shows that the possibility and attractiveness of this market for other players is very limited due to the reduce scope of the market and its possibilities of development (reference is made in this respect to the findings of the market survey mentioned above).
Dejstvo, da sta za islandski trg za cement značilna monopol ali izrazit oligopol dveh akterjev na trgu, kaže, da so možnosti in zanimivost tega trga za druge akterje zelo omejene zaradi majhnega obsega trga in njegovih možnosti razvoja (pri tem se sklicujemo na ugotovitve zgoraj navedene raziskave trga).
The Authority does therefore not consider it necessary to require any further measures to limit the presence of the company in the market.
Zato Nadzorni organ meni, da ni treba zahtevati dodatnih ukrepov za omejitev prisotnosti družbe na trgu.
In line with the provisions of Section 16.3.2.2(d) of the R & R guidelines, the amount and intensity of the aid must be limited to the strict minimum needed to enable restructuring to be undertaken in the light of the existing financial resources of the company, its shareholders or the business group to which it belongs.
V skladu z določbami oddelka 16.3.2.2(d) smernic za reševanje in prestrukturiranje je treba znesek in intenzivnost pomoči omejiti na strogi minimum, ki še omogoča izvedbo prestrukturiranja, ob upoštevanju razpoložljivih finančnih virov družbe, njenih delničarjev ali poslovne skupine, kateri pripada.
Aid beneficiaries will be expected to make a significant contribution to the restructuring plan from their own resources, including through the sale of assets that are not essential to the firm’s survival, or from external financing at market conditions.
Od upravičencev do pomoči se pričakuje, da bodo morali prispevati k načrtu za prestrukturiranje precejšen delež iz lastnih virov, tudi s prodajo premoženja, ki ni bistveno za preživetje podjetja, ali iz zunanjega financiranja pod tržnimi pogoji.
To limit the distortive effect, the provisions of Section 16.3.2.2(d) of the R & R guidelines require the amount of the aid or the form in which the aid is granted to be such as to avoid providing the company with surplus cash which could be used for aggressive, market-distorting activities not linked to the restructuring process.
Da se omeji izkrivljajoči učinek, morata biti v skladu z oddelkom 16.3.2.2(d) smernic za reševanje in prestrukturiranje znesek pomoči ali oblika, v kateri se pomoč dodeli, taka, da podjetje ne dobi presežka denarnih sredstev, ki bi ga lahko uporabilo za agresivne dejavnosti, ki izkrivljajo konkurenco na trgu in niso povezane s prestrukturiranjem.
In line with the R & R guidelines, the Authority shall examine the level of the firm’s liabilities after re-structuring, including after any postponement or reduction of its debts.
V skladu s smernicami za reševanje in prestrukturiranje Nadzorni organ pregleda višino obveznosti podjetja po prestrukturiranju, vključno z razmerami po kakršnem koli odlogu ali zmanjšanju dolgov.
The Authority shall also examine whether any of the aid goes to finance new investment that is not essential for restoring the firm’s viability.
Nadzorni organ tudi pregleda, ali je bila pomoč namenjena financiranju novih naložb, ki niso nujne za ponovno vzpostavitev rentabilnosti podjetja.
In any event, it must be demonstrated that the aid will be used only for the purpose of restoring the firm’s viability and that it will not enable the recipient during the implementation of the restructuring plan to expand production capacity, except in so far as this is essential for restoring viability without thereby unduly distorting competition.
Vsekakor je treba dokazati, da se bo pomoč uporabila samo za ponovno vzpostavitev rentabilnosti podjetja in da prejemniku ne bo omogočila povečanja proizvodnih zmogljivosti med izvajanjem načrta za prestrukturiranje, razen če je to nujno potrebno za ponovno vzpostavitev rentabilnosti brez povzročanja neupravičenega izkrivljanja konkurence.
A fundamental part of Sementsverksmiðjan hf.’s re-structuring consisted on the sale of assets that were not essential to the firm’s survival, such as land and buildings as well as shares and bonds in other undertakings of which the company could dispose to obtain cash to pay its debts.
Temeljni del prestrukturiranja družbe Sementsverksmiðjan hf. je bila prodaja premoženja, ki ni bilo nujno za preživetje družbe, kot so zemljišče in stavbe ter delnice in obveznice drugih podjetij, ki jih je družba lahko prodala in s tem pridobila denarna sredstva za plačilo dolgov.
Moreover, debts of the company were paid back to the extent possible and re-negotiated to facilitate its reimbursement for continuing operation of the company.
Dolgovi družbe so bili v možnem obsegu poplačani in ponovno dogovorjeni pogoji zanje, da se olajša njihovo vračilo za nadaljnje poslovanje družbe.
Workforce and production costs and structures were accordingly restructured and financed with own means of the company.
Skladno s tem so bili prestrukturirani delovna sila ter proizvodni stroški in strukture, kar se je financiralo z lastnimi sredstvi družbe.
The only intervention from the State consisted in the takeover of pension related liabilities of Sementsverksmiðjan hf. for an amount corresponding to approximately ISK 425 million.
Edini poseg države je bil prevzem pokojninskih obveznosti družbe Sementsverksmiðjan hf. v znesku, ki je znašal približno 425 milijonov ISK.
This was considered as conditio sine qua non for the creditors of the company to make its restructuring feasible.
Upniki družbe so nanj gledali kot na nujni pogoj, ki je omogočil njeno prestrukturiranje.
Therefore, the Authority concludes that the aid granted by the Treasury was restricted to the necessary minimum as it only concerned the takeover by the Icelandic State of Sementsverksmiðjan hf.’s debt towards the Pension Fund of State Employees.
Zato Nadzorni organ meni, da je bila pomoč, ki jo je dodelila Zakladnica, omejena na nujni minimum, ker se je nanašala samo na prevzem dolga družbe Sementsverksmiðjan hf. do Pokojninskega sklada državnih uslužbencev, ki ga je izvedla islandska država.
The restructuring costs can be summarised as follows:
Stroški prestrukturiranja so povzeti v naslednji razpredelnici:
renegotiations with creditors
ponovna pogajanja z upniki
ISK 2648904 (fee for carrying out the financial restructuring)
2648904 ISK (plačilo za izvedbo finančnega prestrukturiranja)
restructuring of workforce
prestrukturiranje delovne sile
ISK 2702963 (fee for carrying out the restructuring of workforce)
2702963 ISK (plačilo za izvedbo prestrukturiranja delovne sile)
restructuring in production costs and alternative revenue sources
prestrukturiranje proizvodnih stroškov in nadomestni viri prihodkov
re-evaluation of assets
ponovna ocenitev premoženja
The Authority considers that the participation of the Icelandic State in the restructuring of Sementsverksmiðjan hf. by taking over the pension-related liabilities of the company towards the Pension Fund of State Employees constitute a fundamental element for the accomplishment of Sementsverksmiðjan hf.’s restructuring.
Po mnenju Nadzornega organa je bil poseg islandske države pri prestrukturiranju družbe Sementsverksmiðjan hf., ko je prevzela pokojninske obveznosti, ki jih je družba imela do Pokojninskega sklada državnih uslužbencev, bistven za izvedbo prestrukturiranja družbe Sementsverksmiðjan hf.
The taking over by the State of the pension-related liabilities was considered by the creditors of the company as a preliminary condition to renegotiate any other debts and liabilities.
Po mnenju upnikov družbe je bil prevzem pokojninskih obveznosti, ki ga je izvedla država, predpogoj za ponovna pogajanja o vseh drugih dolgovih in obveznostih.
This aid granted by the State allowed Sementsverksmiðjan hf. to obtain the necessary resources to finance the pure restructuring measures.
Ta pomoč, ki jo je dodelila država, je omogočila družbi Sementsverksmiðjan hf. pridobitev potrebnih virov za financiranje pravih ukrepov za prestrukturiranje.
Although the takeover of the pension liabilities was not a cost to Sementsverksmiðjan hf. but to the State, it should be included in the whole assessment of the restructuring of Sementsverksmiðjan hf.
Čeprav prevzem pokojninskih obveznosti ni bil strošek družbe Sementsverksmiðjan hf., temveč države, ga je treba vključiti v celotno oceno prestrukturiranja družbe Sementsverksmiðjan hf.
The aid was necessary to undertake the various restructuring measures.
Pomoč je bila potrebna za izvedbo raznih ukrepov za prestrukturiranje.
Taking this into account and in light of the amount of expenditure necessary for the return to viability o f Sementsverksmiðjan hf., the Authority considers that the amount of aid involved in this restructuring was limited to the minimum required.
Glede na to in ob upoštevanju zneska izdatkov, potrebnih za ponovno vzpostavitev rentabilnosti družbe Sementsverksmiðjan hf., Nadzorni organ meni, da je bil znesek pomoči, vključene v to prestrukturiranje, omejen na nujni minimum.
Restructuring aid in assisted areas
Pomoč za prestrukturiranje na območjih, ki prejemajo podporo
In accordance with Section 16.3.2.5 of the R & R guidelines, the Authority will take the needs of regional development into account when assessing re-structuring aid in assisted areas.
V skladu z oddelkom 16.3.2.5 smernic za reševanje in prestrukturiranje bo Nadzorni organ pri oceni pomoči za prestrukturiranje na območjih, ki prejemajo podporo, upošteval potrebe regionalnega razvoja.
In assisted areas, the conditions for authorising aid may be less stringent as regards, in particular, the implementation of compensatory measures.
Na območjih, ki prejemajo podporo, so lahko pogoji za odobritev pomoči manj strogi, zlasti kar zadeva izvajanje izravnalnih ukrepov.
This does not, however, mean that the Authority will have a permissive approach to aid for the re-structuring of ailing firms located in assisted areas to help a region prop up companies artificially.
Vendar to ne pomeni, da bo Nadzorni organ imel popustljiv pristop do pomoči za prestrukturiranje podjetij v težavah iz območij, ki prejemajo podporo, da bi regiji pomagal umetno podpreti podjetja.
On the contrary, it is in the region’s own best interest to develop alternative activities that are viable and sustainable as soon as possible.
Prav nasprotno, v najboljšem interesu regije je razviti nadomestne dejavnosti, ki čim prej postanejo rentabilne in trajnostne.
The factory of Sementsverksmiðjan hf. is situated in Akranes, in the mid-west region of Iceland.
Družba Sementsverksmiðjan hf. ima svojo tovarno v Akranesu, v osrednje-zahodni regiji Islandije.
The cement factory has been in Akranes since 1958 and has constituted an important element in the economic life of the area.
Tovarna cementa je v Akranesu že od leta 1958 in je pomemben sestavni del gospodarskega življenja na tem območju.
In a town with a population of approximately 5500 inhabitants the closure of this factory would have a very detrimental effect adding further to the ongoing depopulation and general social and economical decline.
V mestu s približno 5500 prebivalci bi zaprtje te tovarne imelo zelo škodljive posledice, ki bi še pospešile upadanje števila prebivalcev ter splošno socialno in gospodarsko nazadovanje.