natgillin/translations-raw huggingface dataset:
The Authority will consider such State aid compatible with the functioning of the EEA Agreement on the basis of Article 61(3)(b) of the EEA Agreement, provided all the following conditions are met:
Nadzorni organ bo štel, da je taka državna pomoč združljiva z delovanjem Sporazuma EGP trgom na podlagi člena 61(3)(b) Sporazuma EGP, če bodo izpolnjeni vsi naslednji pogoji:
the aid does not exceed a cash grant of EUR 500000 per undertaking; all figures used must be gross, that is, before any deduction of tax or other charge; where aid is awarded in a form other than a grant, the aid amount is the gross grant equivalent of the aid;
pomoč ne presega denarne dotacije v višini 500000 EUR na podjetje; vsi uporabljeni zneski so bruto zneski, tj. pred odbitkom davkov ali drugih dajatev, kadar se pomoč dodeli v obliki, ki ni dotacija, je znesek pomoči enak bruto ekvivalentu dotacije;
the aid is granted in the form of a scheme;
pomoč se dodeli v obliki sheme;
the aid is granted to firms which were not in difficulty [14] on 1 July 2008; it may be granted to firms that were not in difficulty at that date but entered in difficulty thereafter as a result of the global financial and economic crisis;
pomoč se dodeli podjetjem, ki 1. julija 2008 niso bila v težavah [14]; lahko se dodeli podjetjem, ki na ta dan niso bila v težavah, vendar so pozneje zašla v težave zaradi svetovne finančne in gospodarske krize;
the aid is not export aid or aid favouring domestic over imported products;
pomoč ni izvozna pomoč ali pomoč, ki daje prednost domačim proizvodom pred uvoženimi;
the aid is granted no later than 31 December 2010;
pomoč se dodeli najpozneje 31. decembra 2010;
prior to granting the aid, the EFTA State obtains a declaration from the undertaking concerned, in written or electronic form, about any other de minimis aid and aid pursuant to this measure, received during the current fiscal year and checks that the aid will not raise the total amount of aid received by the undertaking during the period 1 January 2008 to 31 December 2010 to a level above the ceiling of EUR 500000;
pred dodelitvijo pomoči država Efte pridobi izjavo zadevnega podjetja v pisni ali elektronski obliki o kakršni koli drugi pomoči de minimis in pomoči v zvezi s tem odstavkom, prejeti v tekočem proračunskem letu, ter preveri, da s tem skupni znesek pomoči, ki ga bo podjetje prejelo v obdobju med 1. januarjem 2008 in 31. decembrom 2010, ne bo presegel praga 500000 EUR;
the aid scheme does not apply to undertakings active in the primary production of agricultural products; it may apply to undertakings active in the processing and marketing of agricultural products [15] unless the amount of the aid is fixed on the basis of the price or quantity of such products purchased from primary producers or put on the market by the undertakings concerned, or the aid is conditional on being partly or entirely passed on to primary producers [16].
ta shema pomoči se ne uporablja za podjetja, ki se ukvarjajo s primarno proizvodnjo kmetijskih proizvodov; uporablja se lahko za podjetja, ki se ukvarjajo s predelavo in trženjem kmetijskih proizvodov [15] razen če je znesek pomoči fiksno določen na podlagi cene ali količine takih izdelkov, ki so bili kupljeni od primarnih proizvajalcev ali ki so jih zadevna podjetja dala na trg, ali če je pomoč pogojena s tem, da se delno ali v celoti prenese na primarne proizvajalce [16].
Aid in the form of guarantees
Pomoč v obliki poroštev
The Guidelines on State aid in the form of guarantees aim at giving EFTA States detailed guidance about the principles on which the Authority intends to base its interpretation of Articles 61 and 62 of the EEA Agreement and the application thereof to state guarantees.
Namen Smernic o državni pomoči v obliki poroštev je zagotoviti državam Efte podrobne smernice o načelih, na katerih namerava Nadzorni organ utemeljiti svojo razlago členov 61 in 62 Sporazuma EGP ter njuno uporabo za državna poroštva.
In particular, the Guidelines specify the conditions under which State aid can be considered not to be present.
Smernice zlasti določajo pogoje, pod katerimi se lahko šteje, da element državne pomoči ni prisoten.
It does not provide compatibility criteria for assessment of guarantees.
Meril združljivosti za ocenjevanje poroštev ne določajo.
In order to further encourage access to finance and to reduce the current high risk aversion on the part of banks, subsidised loan guarantees for a limited period can be an appropriate and well targeted solution to give firms easier access to finance.
Za nadaljnje spodbujanje dostopa do financiranja in zmanjšanje sedanje velike zadržanosti bank do tveganja, so subvencionirana poroštva za posojila v omejenem obdobju lahko ustrezna in ciljno usmerjena rešitev, ki podjetjem omogoča lažji dostop do financiranja.
The Authority will consider such State aid compatible with the functioning of the EEA Agreement on the basis of Article 61(3)(b) thereof, provided all the following conditions are met:
Nadzorni organ bo štel, da je taka državna pomoč združljiva z delovanjem Sporazuma EGP na podlagi člena 61(3)(b) Sporazuma, če bodo izpolnjeni vsi naslednji pogoji:
for SMEs, EFTA States grant a reduction of up to 25 % of the annual premium to be paid for new guarantees granted in accordance with the safe-harbour provisions of the Guidelines on State aid in the form of guarantees [17];
za MSP lahko države Efte odobrijo do 25-odstotno znižanje letne premije, ki se plača za nova poroštva, dodeljena v skladu s premijo varnega pristana iz Smernic o državni pomoči v obliki poroštev [17];
for large companies, EFTA States also grant a reduction of up to 15 % of the annual premium for new guarantees calculated on the basis of the same safe-harbour provisions;
tudi za velika podjetja lahko države Efte odobrijo do 15-odstotno znižanje letne premije za nova poroštva, izračunano na podlagi istih določb glede varnega pristana;
when the aid element in guarantee schemes is calculated through methodologies already accepted by the Authority following their notification under a regulation incorporated into the EEA Agreement in the field of State aid [18], EFTA States may also grant a similar reduction of up to 25 % of the annual premium to be paid for new guarantees for SMEs and up to 15 % for large companies;
kadar se element pomoči v poroštvenih shemah izračunava z metodologijami, ki jih je že odobril Nadzorni organ, po njihovi priglasitvi na podlagi uredbe, vključene v Sporazum EGP na področju državne pomoči [18] lahko države Efte odobrijo podobno, do 25-odstotno znižanje letne premije za nova poroštva za MSP in do 15-odstotno znižanje za velika podjetja;
guarantees are granted until 31 December 2010 at the latest;
poroštva se lahko dodelijo najpozneje 31. decembra 2010;
the guarantee does not exceed 90 % of the loan;
poroštvo ne presega 90 % posojila;
the guarantee may relate to both investment and working capital loans;
poroštvo se lahko nanaša na posojila za naložbe in posojila za obratni kapital;
the reduction of the guarantee premium is applied during a maximum period of two years following the granting of the guarantee;
znižanje premije za poroštva se uporablja v obdobju največ dveh let po dodelitvi poroštva;
the aid is granted to firms which were not in difficulty [19] on 1 July 2008; it may be granted to firms that were not in difficulty at that date but entered in difficulty thereafter as a result of the global financial and economic crisis.
ta ukrep se uporablja samo za podjetja, ki 1. julija 2008 niso bila v težavah [19] lahko se dodeli podjetjem, ki na ta dan niso bila v težavah, vendar so pozneje zašla v težave zaradi svetovne finančne in gospodarske krize.
Aid in the form of a subsidised interest rate
Pomoč v obliki subvencionirane obrestne mere
The Guidelines on reference and discount rates establish a method for calculation of the reference rate, based on the one-year inter-bank offered rate (IBOR) increased by margins ranging from 60 to 1000 base points, depending on the creditworthiness of the company and the level of collateral offered.
Smernice o referenčnih obrestnih merah in diskontnih stopnjah določajo metodologijo za izračun referenčne obrestne mere na podlagi enoletne medbančne obrestne mere (IBOR), povečane za razliko v višini od 60 do 1000 bazičnih točk, ki je odvisna od kreditne sposobnosti podjetja in stopnje ponujenega zavarovanja.
If EFTA States apply that method, the interest rate does not contain State aid.
Če države Efte uporabijo to metodologijo, obrestna mera ne vsebuje državne pomoči.
Companies may have difficulties in finding finance in the current market circumstances.
V sedanjih razmerah na trgu imajo podjetja pri iskanju financiranja lahko težave.
Therefore the Authority will accept that public or private loans are granted at an interest rate which is at least equal to the central bank overnight rate plus a premium equal to the difference between the average one year interbank rate and the average of the central bank overnight rate over the period from 1 January 2007 to 30 June 2008, plus the credit risk premium corresponding to the risk profile of the recipient, as stipulated by the Authority’s Guidelines on reference and discount rates.
Zato bo Nadzorni organ dovolil dodeljevanje javnih ali zasebnih posojil po obrestni meri, ki je najmanj enaka obrestni meri centralne banke za depozite čez noč, ter proti plačilu premije, ki je enaka razliki med povprečno enoletno medbančno obrestno mero in povprečno obrestno mero centralne banke za depozite čez noč v obdobju od 1. januarja 2007 do 30. junija 2008, in premije za kreditno tveganje, ki ustreza profilu tveganja prejemnika, kot je določeno v smernicah Nadzornega organa o referenčnih obrestnih merah in diskontnih stopnjah.
The aid element contained in the difference between this interest rate and the reference rate defined by the Guidelines on reference and discount rates will be considered, on a temporary basis, to be compatible with the functioning of the EEA Agreement on the basis of Article 61(3)(b) thereof, provided the following conditions are met:
Element pomoči, vsebovan v razliki med to obrestno meri in referenčno obrestno mero, določeno v Smernicah o referenčnih obrestnih merah in diskontnih stopnjah, se bo začasno štel za združljivega z delovanjem Sporazuma EGP na podlagi člena 61(3)(b) Sporazuma, če bosta izpolnjena naslednja pogoja:
this method applies to all contracts concluded on 31 December 2010 at the latest; it may cover loans of any duration: the reduced interest rates may be applied for interest payments before 31 December 2012 [20]; an interest rate at least equal to the rate defined in the Guidelines on reference and discount rates must apply to loans after that date;
ta metodologija se uporablja za vse pogodbe, sklenjene do vključno 31. decembra 2010; zajema lahko posojila vseh ročnosti: znižane obrestne mere se lahko uporabljajo za plačila obresti pred 31. decembrom 2012 [20]; za posojila po tem datumu se uporablja obrestna mera, ki je najmanj enaka obrestni meri, določeni v Smernicah o referenčnih obrestnih merah in diskontnih stopnjah;
the aid is granted to firms which were not in difficulty on 1 July 2008 [21]; it may be granted to firms that were not in difficulty at that date but entered in difficulty thereafter as a result of the global financial and economic crisis.
ta ukrep se uporablja samo za podjetja, ki 1. julija 2008 niso bila v težavah [21]; lahko se dodeli podjetjem, ki na ta dan niso bila v težavah, vendar so pozneje zašla v težave zaradi svetovne finančne in gospodarske krize.
Aid for the production of green products
Pomoč za proizvodnjo zelenih proizvodov
Because of the current financial crisis, companies are also finding it more difficult to gain access to finance for production of more environmentally friendly products.
Zaradi trenutne finančne krize imajo podjetja tudi več težav pri dostopu do financiranja za proizvodnjo okolju prijaznejših proizvodov.
Aid in the form of guarantees may not be sufficient to finance costly projects aiming at increasing environmental protection by adapting earlier to future standards not yet in force or by going beyond such standards.
Pomoč v obliki poroštev morda ne bo zadostovala za financiranje dragih projektov, ki so namenjeni izboljšanju varstva okolja s predčasnim prilagajajo prihodnjim standardom, ki še ne veljajo, ali s preseganjem teh standardov.
The Authority considers that environmental goals should remain a priority despite the financial crisis.
Nadzorni organ meni, da mora izpolnjevanje okoljskih ciljev kljub finančni krizi ostati prednostna naloga.
Production of more environmentally friendly, including energy-efficient products, is in the EEA’s common interest and it is important that the financial crisis should not impede this objective.
Proizvodnja okolju prijaznejših proizvodov, vključno z energetsko učinkovitimi proizvodi, je v skupnem interesu EGP in pomembno je, da finančna kriza ne ovira uresničevanja tega cilja.
Therefore, additional measures in the form of subsidised loans could encourage production of ‘green products’.
Zato bi dodatni ukrepi v obliki subvencioniranih posojil lahko spodbudili proizvodnjo „zelenih proizvodov“.
However, subsidised loans may cause serious distortions of competition and should be strictly limited to specific situations and targeted investment.
Vendar lahko subvencionirana posojila povzročijo resno izkrivljanje konkurence, zato jih je treba strogo omejiti na posebne okoliščine in ciljne naložbe.
The Authority considers that, for a limited period, EFTA States should be given the possibility of granting aid in the form of an interest-rate reduction.
Nadzorni organ meni, da bi države Efte v omejenem obdobju morale imeti možnost, da dodelijo pomoč v obliki znižanja obrestne mere.
On the basis of Article 61(3)(b) of the EEA Agreement, the Authority will consider compatible with the functioning of the EEA Agreement any interest-rate subsidy for investment loans that meets all the following conditions:
Nadzorni organ bo na podlagi člena 61(3)(b) Sporazuma EGP štel, da je subvencionirana obrestna mera za posojila za naložbe združljiva z delovanjem Sporazuma EGP, če bodo izpolnjeni vsi naslednji pogoji:
the aid relates to investment loans for financing projects consisting of production of new products which significantly improve environmental protection;
pomoč je namenjena posojilom za naložbe, s katerimi se financirajo projekti za proizvodnjo novih proizvodov, ki občutno izboljšujejo varstvo okolja;
the aid is necessary for launching a new project; in the case of existing projects, aid may be granted if it becomes necessary, due to the new economic situation, in order to pursue the project;
pomoč je potrebna za začetek novega projekta; tekočim projektom se pomoč lahko dodeli, če postane potrebna zaradi novih gospodarskih razmer, da se projekti lahko nadaljujejo;
the aid is granted only for projects consisting of production of products involving early adaptation to or going beyond future Community product standards [22] which increase the level of environmental protection and are not yet in force;
pomoč se dodeli samo za projekte za proizvodnjo proizvodov, ki se predčasno prilagajajo prihodnjim standardom Skupnosti [22] za proizvode, ki povečujejo stopnjo varstva okolja in še ne veljajo, ali ki presegajo te standarde;
for products involving early adaptation to or going beyond future Community environmental standards, the investment starts on 31 December 2010 at the latest with the objective of putting the product on the market at least two years before the standard enters into force;
naložbe v proizvode, ki se predčasno prilagajajo prihodnjim okoljskim standardom Skupnosti ali pa jih presegajo, se morajo začeti najpozneje 31. decembra 2010 s ciljem, da proizvodi pridejo na trg najmanj dve leti pred začetkom veljavnosti standarda;
the loans may cover the costs of investment in tangible and intangible assets [23] with the exception of loans for investments which account for production capacities of more than 3 % on product markets [24] where the average annual growth rate, over the last five years before the start of the investment, of the apparent consumption on the EEA market, measured in value data, remained below the average annual growth rate of the EEA’s GDP over the same five year reference period;
posojila se lahko dodelijo za naložbe v opredmetena in neopredmetena sredstva [23] razen posojil za naložbe, namenjene povečanju proizvodnih zmogljivosti za več kot 3 % na proizvodnih trgih [24] kadar je bila povprečna letna stopnja rasti vidne potrošnje na trgu EGP, merjena z vrednostnimi podatki, v zadnjih petih letih pred začetkom naložbe nižja od povprečne letne stopnje rasti BDP Evropskega gospodarskega prostora v istem petletnem referenčnem obdobju;
the loans are granted on 31 December 2010 at the latest;
posojila se lahko dodelijo najpozneje 31. decembra 2010;
for calculation of the aid, the starting point should be the individual rate of the beneficiary as calculated on the basis of the methodology contained in point 4.4.2 of these Guidelines.
osnova za izračun pomoči mora biti obrestna mera posameznega upravičenca, izračunana na podlagi metodologije iz točke 4.4.2 teh smernic.
On the basis of that methodology, the company may benefit from an interest-rate reduction of:
V skladu s to metodologijo se lahko podjetju odobri znižanje obrestne mere v višini:
25 % for large companies;
25 % za velika podjetja,
50 % for SMEs.
50 % za MSP;
the subsidised interest rate applies during a maximum period of two years following the granting of the loan;
subvencionirana obrestna mera se uporablja v obdobju največ dveh let od dodelitve posojila;
the reduction in the interest rate may be applied to loans granted by the State or public finance institutions and to loans granted by private financial institutions.
znižanje obrestne mere se lahko uporablja za posojila, ki jih dodeli državna ali javna finančna institucija, ter za posojila, ki jih dodelijo zasebne finančne institucije.
Non-discrimination between public and private entities should be ensured;
Zagotoviti je treba, da ni diskriminacije med osebami javnega in zasebnega prava;
the aid is granted to firms which were not in difficulty [25] on 1 July 2008; it may be granted to firms that were not in difficulty at that date but entered in difficulty thereafter as a result of the global financial and economic crisis;
ta ukrep se uporablja samo za podjetja, ki 1. julija 2008 niso bila v težavah [25] lahko se dodeli podjetjem, ki na ta dan niso bila v težavah, vendar so pozneje zašla v težave zaradi svetovne finančne in gospodarske krize;
EFTA States ensure that the aid is not directly or indirectly transferred to financial entities.
države Efte zagotovijo, da se pomoč neposredno ali posredno ne prenese finančnim institucijam.
Risk capital measures
Ukrepi v zvezi z rizičnim kapitalom
The Guidelines on State aid to promote risk capital investments in small and medium-sized enterprises set out the conditions under which State aid supporting risk capital investment may be considered compatible with the functioning of the EEA Agreement in accordance with Article 61(3) of the EEA Agreement.
Smernice o državnih pomočeh za spodbujanje naložb rizičnega kapitala v mala in srednje velika podjetja določajo pogoje, pod katerimi se državna pomoč za naložbe rizičnega kapitala lahko šteje za združljivo z učinkovanjem Sporazuma EGP v skladu s členom 61(3) Sporazuma EGP.
Based on the experience gained from applying the Guidelines on State aid to promote risk capital investments in small and medium-sized enterprises, the Authority considers that there is no general risk capital market failure in the EEA.
Nadzorni organ na podlagi izkušenj, pridobljenih pri izvajanju Smernic o državnih pomočeh za spodbujanje naložb rizičnega kapitala v mala in srednje velika podjetja, meni, da v EGP ni splošne tržne nepopolnosti rizičnega kapitala.
It does, however, accept that there are market gaps for some types of investment at certain stages of enterprises’ development which are the result of imperfect matching of supply of and demand for risk capital and can generally be described as an equity gap.
Vendar sprejema dejstvo, da obstajajo tržne vrzeli za nekatere vrste naložb na nekaterih stopnjah razvoja podjetij, ki so posledica pomanjkljive usklajenosti ponudbe in povpraševanja po rizičnem kapitalu ter jih lahko na splošno opišemo kot vrzel lastniškega kapitala.
Point 4.3 of the above-mentioned Guidelines states that for tranches of finance not exceeding EUR 1,5 million per target SME over each period of twelve months, under certain conditions market failure is presumed and does not need to be demonstrated by EFTA States.
Točka 4.3 navedenih smernic določa, da se pri tranšah sredstev do 1,5 milijona EUR na ciljno MSP za vsako dvanajstmesečno obdobje tržna nepopolnost lahko pod določenimi pogoji domneva in je državam Efte ni treba dokazovati.
Point 5.1(a) of the same Guidelines states that ‘the Authority is aware of the constant fluctuation of the risk capital market and of the equity gap over time, as well as of the different degree by which enterprises are affected by the market failure depending on their size, on their stage of business development, and on their economic sector.
Točka 5.1(a) istih smernic navaja, da se „Nadzorni organ […] zaveda neprestanih nihanj, ki se sčasoma pojavijo na trgu rizičnega kapitala in pri vrzeli lastniškega kapitala, ter različnih stopenj tržnih nepopolnosti, ki prizadenejo podjetja, odvisno od njihovega obsega, od stopnje poslovnega razvoja in gospodarskega sektorja.
Therefore, the Authority is prepared to consider declaring risk capital measures providing for investment tranches exceeding the threshold of EUR 1,5 million per enterprise per year compatible with the functioning of the EEA Agreement, provided the necessary evidence of the market failure is submitted’.
Zato je Nadzorni organ pripravljen preučiti razglasitev ukrepov, ki se nanašajo na rizični kapital o tranšah razpoložljivega kapitala nad pragom, ki znaša 1,5 milijona EUR letno na podjetje, in so združljivi z učinkovanjem Sporazuma EGP, če so predloženi potrebni dokazi o tržni nepopolnosti.“
Temporary adaptation of the existing rules
Začasna prilagoditev veljavnih pravil
The turmoil on the financial market has had a negative effect on the risk capital market for early growth SMEs by tightening the availability of risk capital.
Kriza finančnih trgov zaradi manjše razpoložljivosti rizičnega kapitala negativno vpliva na trg rizičnega kapitala za MSP v nastajanju.
Due to the currently greatly increased risk perception associated with risk capital linked with uncertainties resulting from possibly lower yield expectations, investors are currently tending to invest in safer assets the risks of which are easier to assess as compared to those associated with risk capital investments.
Zaradi trenutno močno povečanega zaznavanja tveganja, povezanega z rizičnim kapitalom, ki izvira iz negotovosti zaradi potencialno nižjih pričakovanj o donosih, vlagatelji trenutno raje vlagajo v varnejša sredstva, katerih tveganje je v primerjavi z naložbami rizičnega kapitala lažje oceniti.
Furthermore the illiquid nature of risk capital investments has proven to be a further disincentive for investors.
Poleg tega tudi nelikvidnost naložb rizičnega kapitala dodatno odvrača vlagatelje od tovrstnih naložb.
There is evidence that the resulting restricted liquidity under current market circumstances has widened the equity gap for SMEs.
Podatki kažejo, da je posledično omejena likvidnost v sedanjih tržnih razmerah povečala vrzel lastniškega kapitala za MSP.
It is therefore considered appropriate to temporarily raise the safe-harbour threshold for risk capital investments to meet the increased equity gap and to temporarily lower the percentage of minimum private investor participation to 30 % also in the case of measures targeting SMEs in non assisted areas.
Zato Nadzorni organ meni, da je primerno začasno povišati prag varnega pristana za naložbe rizičnega kapitala ter tako zadostiti povečani vrzeli lastniškega kapitala in začasno znižati delež najmanjše udeležbe zasebnih vlagateljev na 30 %, tudi v primeru ukrepov, namenjenih MSP na območjih, ki ne prejemajo pomoči.