natgillin/translations-raw huggingface dataset:
‘Northern Norway is a unique travel destination and must be given the opportunity to realize and release its potential’ (p. 22) (http://arbeiderpartiet.no/file/download/4861/58544/file/soriamoria2_english.pdf).
4.
See the Norwegian Government's tourism strategy:
2006 in objavljene v UL L 54, 28.2.2008, str. 1, skupaj z Dopolnilom EGP št. 11, 28.2.2008, str. 1.
‘Avinor is establishing “Northern Light Airports” as a unified brand for the largest airports in Northern Norway […] Avinor supports the Charter Fund for Northern Norway […] This kind of charter fund is intended to promote charter tours to the region.
Smernice ustrezajo Smernicam o državni regionalni pomoči za obdobje 2007–2013, ki jih je sprejela Evropska komisija in so bile objavljene v UL C 54, 4.3.2006, str. 13 (v nadaljnjem besedilu: smernice o regionalni pomoči).
Feedback from the industry indicates that this will be an important initiative to encourage new traffic ’ ( ‘Destination Norway — National strategy for the tourism industry’, p. 76).
Tri okrožja so regije na ravni NUTS II.
For instance, the County of Nordland has prepared a ‘Strategy for Tourism in Nordland for the period 2011 until 2015’ (http://www.nfk.no/Filnedlasting.aspx?MId1=1266 & FilId=11230).
Finnmark ima najmanjšo gostoto prebivalstva, in sicer 1,6 prebivalca na kvadratni kilometer.
The Authority's Guidelines on National Regional Aid for 2007-2013, OJ L 231, 3.9.1994, p. 1, and EEA Supplement No 32, 3.9.1994, p. 42, also available at:
Nadzorni organ je leta 2009 odobril shemo pomoči za razvoj linij iz mesta Bodø, ki je drugo največje mesto na severu Norveške; glej Odločbo Nadzornega organa št. 179/09/COL (v nadaljnjem besedilu: sklad za razvoj linij iz mesta Bodø).
The Guidelines were last time amended on 6.4.2006, published in OJ L 54, 28.2.2008, p. 1 and EEA Supplement No 11, 28.2.2008, p. 1.
V okviru sheme še ni bila dodeljena pomoč iz sklada za razvoj linij.
The Guidelines correspond to the ‘Guidelines on National Regional Aid for 2007-2013’ adopted by the European Commission, published in OJ C 54, 4.3.2006, p. 13 (the ‘Regional Aid Guidelines’).
Letalska družba Norwegian je tri leta upravljala linijo med mestom Tromsø in enim od največjih mest v Evropi.
Finnmark has the lowest population density with 1,6 inhabitants per square kilometre.
Linija je bila ukinjena marca 2011.
In 2009, the Authority approved an aid scheme for route development from the second largest city in Northern Norway, Bodø, see the Authority's Decision No 179/09/COL (‘the Route Development Fund Bodø’).
Družba Air Baltic je upravljala sezonsko linijo med mestoma Tromsø in Riga, in sicer je lete izvajala dvakrat na teden med 1. aprilom in 30. septembrom.
The Route Development Fund has not yet granted any aid under the scheme.
Poleg tega ruska letalska družba leti trikrat na teden iz mesta Tromsø v Murmansk v Rusiji.
For three years, the airline company ‘Norwegian’ operated a route between Tromsø and one of the biggest cities in Europe.
Glede na omejeno število mednarodnih linij se domneva, da linije med letališči na severu Norveške in evropskimi mesti niso v komercialnem interesu letalskih prevoznikov (dogodek št. 632837).
Despite receiving support from Avinor, this route was not profitable.
Neposredni učinki se nanašajo na porabo, ki jo turisti plačajo s svojim denarjem.
The route was shut down in March 2011.
Posredni učinki se nanašajo na vrednost porabe turistov v širšem pogledu, npr. v smislu povpraševanja po blagu in storitvah v obliki sklepanja pogodb s podizvajalci.
Air Baltic has operated a seasonal route between Tromsø and Riga twice a week from 1 April to 30 September.
Vsi zneski so v NOK.
This route was shut down in 2011.
Zneski temeljijo na številkah iz poročila „Travel Life's economic impact in Trøndelag and North Norway 2010“, ki sta ga pripravila Izvršni odbor severne Norveške (Landsdelsutvalget) in norveško združenje Norwegian Hospitality Association (NHO Reiseliv Nord-Norge).
SAS operates a route between Tromsø and Stockholm twice a week from 1 July to 15 August.
Priglasitev, str. 11 (dogodek št. 632837), ki se nanaša na poročilo Inštituta za transportno ekonomijo (Transportøkonomisk institutt, TØI) za leto 2007, št. 941/2008 (https://www.toi.no/getfile.php/Publikasjoner/T%C3%98I%20rapporter/2008/941-2008/941-hele%20%20rapporten%20elektronisk-ny.pdf).
In addition, a Russian airline flies three times a week from Tromsø to Murmansk, Russia.
Norveški organi so navedli, da so številčni podatki le ocene, izdelane za pripravo proračuna sklada za čarterske lete.
Given the limited number of international routes, there is a presumption that routes between North Norwegian airports and European cities are of little commercial interest for air carriers (Event No 632837).
Zaradi zaokroževanja številk podatki v preglednici niso natančni.
Direct effects refer to consumption paid with the tourists' own money.
Možno je, da bo norveška država zagotovila nekaj sredstev iz državnega proračuna.
The indirect effects refer to the value of tourists' spending in a broader view, e.g. demand for goods and services in the form of subcontracts.
„Prazni leti“ so leti, opravljeni zato, da se letalo prestavi na mesto, kjer se začne ali konča serija čarterskih letov.
All numbers are in NOK.
Povratni let po prvem odhodu in let, ki bo pobral zadnje potnike, sta prazna.
The figures are based on numbers from the report ‘Travel Life's economic impact in Trøndelag and North Norway 2010’ prepared by The Executive Committee for Northern Norway (Landsdelsutvalget) and the Norwegian Hospitality Association (NHO Reiseliv Nord-Norge).
Prazni leti pomenijo precejšnje stroške za serije čarterskih letov.
The notification, p. 11 (Event No 632837), referring to a report from the Institute of Transport Economics (Transportøkonomisk institutt, TØI) of 2007 No 941/2008 (https://www.toi.no/getfile.php/Publikasjoner/T%C3%98I%20rapporter/2008/941-2008/941-hele%20%20rapporten%20elektronisk-ny.pdf).
dstotna zasedenost sedežev se v industriji šteje za standard, ki pokrije stroške.
The Norwegian authorities have submitted that the figures are only estimates made for the purposes of preparing a budget for the Charter Fund.
Preglednico je pripravil sklad za čarterske lete in podaja primer, kako bodo leti iz Londona na sever Norveške z letalom Boeing 737-800 obravnavani v okviru sheme.
Due to rounding of numbers, the figures in the table are not accurate.
Ocenjuje se, da bodo neto stroški, ki jih bo letalska družba zaračunala organizatorju potovanj, znašali 300000 NOK na povratni let.
It is possible that the Norwegian State might provide some funding over the state budget.
Vozovnice mora kupiti 149 oseb, da se doseže prag dobička (80 % zmogljivosti letala, ki je 186 oseb).
‘Empty legs’ are flights operated in order to position an aircraft at the start and at the end of a charter series.
Sklad za čarterske lete je sliko pripravil za ponazoritev (dogodek št. 632837).
The return flight on the first departure will be empty and the flight to pick up the last passengers will be empty.
Avinor AS je družba v državni lasti, ki upravlja večino civilnih letališč na Norveškem.
Empty legs represent a considerable cost for charter series.
Innovative Experiences je skupina 33 družb za doživljajski turizem na severu Norveške.
A cabin factor of 80 % is deemed to be the industrial break-even standard.
NHO Reiseliv (združenje Norwegian Hospitality Association) zastopa več kot 2500 družb, ki zaposlujejo približno 55000 ljudi.
The table is prepared by the Charter Fund and gives an example of how the Scheme will work with flights from London to Northern Norway with a Boeing 737-800.
Podružnica NHO Reiseliv na severu Norveške ima 400 članov.
It is estimated that the net cost quoted by the airline to the tour operator will be NOK 300000 per flight rotation.
VinterTroms AS je v lasti šestih potovalnih agencij na severu Norveške.
149 persons must purchase tickets to reach the break-even point (80 % of an aircraft capacity of 186 persons).
NHO Luftfart zastopa družbe v norveškem letalskem sektorju in druge zainteresirane družbe.
The figure is prepared by the Charter Fund for illustration purposes (Event No 632837).
NHO Luftfart (dogodek št. 650733) (neuradni prevod iz norveškega v angleški jezik).
Avinor AS is a state-owned company that operates the majority of the civil airports in Norway.
Uredba (ES) št. 1008/2008 z dne 24. septembra 2008 o skupnih pravilih za opravljanje zračnih prevozov v Skupnosti (UL L 293, 31.10.2008, str. 3).
Innovative Experiences represents 33 experience-based tourist companies in Northern Norway.
Vključena v Sporazum EGP kot točka 64a Priloge XIII.
NHO Reiseliv (the Norwegian Hospitality Association) represents more than 2500 companies that employ a workforce of approximately 55000.
Dogodek št. 653590/653595 in dogodek št. 669821.
The North Norwegian branch of NHO Reiseliv has 400 members.
Sklad za čarterske lete je sliko pripravil za ponazoritev (dogodek št. 644991).
VinterTroms AS is owned by six travel companies in Northern Norway.
Glej oddelek 3.3 dela II spodaj.
NHO Luftfart represents companies in the airline sector in Norway and other interested companies.
Dopis norveških organov z dne 15. novembra 2012 (dogodek št. 653590/653595).
NHO Luftfart (Event No 650733) (unofficial translation from Norwegian to English).
Norveški organi so omenili tudi, da bodo na neki stopnji v prihodnosti sklad za čarterske lete morda financirala zasebna podjetja.
Regulation (EC) No 1008/2008 of 24.9.2008 on common rules for the operation of air services in the Community (OJ L 293, 31.10.2008, p. 3).
Nadzorni organ pri pripravi ocene ni proučil te možnosti, ker se zdi dokaj negotova.
Incorporated into the EEA Agreement by Annex XIII point 64a.
Odstavek 81 smernic o regionalni pomoči.
Event Nos 653590/653595 and Event No 669821.
Glej zadevo T-348/04, SIDE proti Komisiji, ZOdl., str.
The figure is prepared by the Charter Fund for illustration purposes (Event No 644991).
II-625, točka 99, in zadevo T-162/06, Kronoply GmbH proti Komisiji, ZOdl., str. II-1, točka 75.
See Section 3.3 in Part II below.
Odstavek 1 smernic o regionalni pomoči.
Letter from the Norwegian authorities dated 15.11.2012 (Event Nos 653590/653595).
Naloga države Efte je, da dokaže, da je predlagana pomoč potrebna in ustrezna za preprečevanje ali zmanjševanje nadaljnjega upada prebivalstva (glej opombo 65 smernic o regionalni pomoči).
The Norwegian authorities have also mentioned the fact that the Charter Fund may, at some stage in the future, be co-financed by private undertakings.
Odstavek 69 smernic o regionalni pomoči.
The assessment carried out by the Authority has not examined this possibility as this option seems to be relatively uncertain.
Odstavek 22(a) smernic o regionalni pomoči.
The Regional Aid Guidelines at paragraph 81.
Sklep 1999/99/ES z dne 3. junija 1998 o zakonu št. 25/93 dežele Sicilije o ukrepih za spodbujanje zaposlovanja (UL L 32, 5.2.1999, str. 18).
See Case T-348/04 SIDE v Commission [2008] ECR II-625, paragraph 99, Case T-162/06 Kronoply GmbH v Commission [2009] ECR II-1, paragraph 75.
Glej opombo 65 v smernicah o regionalni pomoči.
The Regional Aid Guidelines at paragraph 1.
Glej npr. Odločbo Nadzornega organa št. 228/06/COL z dne 19. julija 2006 o priglašeni shemi prispevkov za socialno varnost, ki se razlikujejo po regijah:
It is the task of the EFTA State to demonstrate that the aid proposed is necessary and appropriate to prevent or reduce continuing depopulation (see the Regional Aid Guidelines at footnote 65).
„Na podlagi informacij, ki so jih predložili norveški organi, Nadzorni organ ugotavlja, da ni očitno, da bi bili ukrepi, ki niso pomoč za tekoče poslovanje, bolj ustrezni za uresničitev cilja preprečevanja ali zmanjševanja upadanja prebivalstva na področjih z najmanjšim številom prebivalcev“ (str. 23).
The Regional Aid Guidelines at paragraph 69.
Odstavek 10 smernic o regionalni pomoči.
The Regional Aid Guidelines at paragraph 22(a).
Glej sklic na poročilo TØI št. 941/2008 v opombi 23 in priglasitev, str. 11 (dogodek št. 632837).
Decision 1999/99/EC of 3.6.1998 concerning Sicilian Regional Law No 25/93 on measures to promote employment (OJ L 32, 5.2.1999, p. 18).
Evropska komisija je v svojih odločbah o združitvi menila, da redni in izredni leti niso del istega trga.
See the Regional Aid Guidelines at footnote 65.
Glej na primer zadevo št.
See e.g. the Authority's Decision No 228/06/COL of 19.7.2006 on the notified scheme concerning regionally differentiated social security contributions:
COMP/M.5141 – KLM/Martinair, v kateri je Komisija prodajo letalskih sedežev organizatorjem potovanj (to je „veleprodajni trg“) štela kot trg, ki se razlikuje od trga za prodajo storitev rednega zračnega prevoza končnim uporabnikom.
‘On the basis of the information provided by the Norwegian authorities, the Authority finds that it is not apparent that measures other than operating aid would be better suited in order to achieve the aim of preventing or reducing depopulation in the least populated areas’ (p. 23).
Komisija je opomnila, da „prodaja sedežev organizatorjem potovanj poteka pred prodajo sedežev posameznikom.
The Regional Aid Guidelines at paragraph 10.
Zato so konkurenčni pogoji na tem trgu očitno drugačni, saj imajo organizatorji potovanj drugačne zahteve kot posamezne stranke (na primer nakup večjih paketov sedežev, pogajanje o popustih, upoštevanje potreb strank v smislu časa leta itd.)“ ( UL C 51, 4.3.2009, str. 4).
See reference to the TØI Report No 941/2008 in footnote 23 above and the notification p. 11 (Event No 632837).
Glej opis sheme v oddelku 2.5 dela I.
The EU Commission has in its merger decisions held that scheduled and non-scheduled flights are not in the same market.
Odločba 2003/262/ES z dne 27. novembra 2002 o shemi premij za organizatorje potovanj v Grčiji (UL L 103, 24.4.2003, str. 63).
See for instance Case No COMP/M.5141 — KLM/Martinair, where the Commission regarded the supply of airline seats to tour operators (that is the ‘wholesale market’) as a market distinct from the market for supply of scheduled air transport services to end users.
V navedenem primeru je Evropska komisija menila tudi, da ji grški organi niso predložili informacij, potrebnih za oceno ustreznosti pomoči v smislu njenega prispevka k regionalnemu razvoju (glej odstavek 22 odločbe).
The Commission noted that ‘the market for sales of seats to tour operators is a market which is upstream to the market for sales of seats to individuals.
Odstavek 71 smernic o regionalni pomoči.
Accordingly, the competitive conditions on this market are manifestly different since tour operators have different requirements than individual customers (for example, buying large seat packages, negotiation of rebates, taking into account of customers' needs in terms of flight times etc.)’
Na voljo na spletni strani:
( OJ C 51, 4.3.2009, p. 4).
Neposredni upravičenci do pomoči v okviru sheme so organizatorji potovanj, ki opravljajo čarterske lete na sever Norveške (izredne lete).
No 305/13/COL
št. 305/13/COL
on the recapitalisation of Sjóvá Insurance Company (Iceland)
o dokapitalizaciji zavarovalnice Sjóvá (Islandija)
HAVING REGARD to the Agreement on the European Economic Area (‘the EEA Agreement’), in particular to Article 61(3)(b) and Protocol 26,
OB UPOŠTEVANJU Sporazuma o Evropskem gospodarskem prostoru (v nadaljnjem besedilu: Sporazum EGP), zlasti člena 61(3)(b) in Protokola 26,
HAVING REGARD to Protocol 3 to the Surveillance and Court Agreement (‘Protocol 3’), in particular to Articles 1(2) and 1(3) of Part I and Articles 7(3) and 13 of Part II,
OB UPOŠTEVANJU Protokola 3 k Sporazumu o nadzornem organu in sodišču (v nadaljnjem besedilu: Protokol 3), zlasti člena 1(2) in (3) dela I ter člena 7(3) in člena 13 dela II Protokola,
The Authority became aware of the Icelandic state's intervention in the insurance company Sjóvá-Almennar tryggingar hf.
Nadzorni organ je bil prek islandskih medijev obveščen o posredovanju države v zavarovalnici Sjóvá-Almennar tryggingar hf.
(Sjóvá) in the summer of 2009 through the Icelandic media.
(v nadaljnjem besedilu: zavarovalnica Sjóvá) poleti 2009.
Subsequently, the Authority included this case in the agenda of an annual meeting on pending cases in the field of state aid between the Authority and the Icelandic authorities that was held in Reykjavik on 5 November 2009.
Nadzorni organ je nato vključil to zadevo na dnevni red letnega srečanja o nerešenih zadevah na področju državne pomoči med Nadzornim organom in islandskimi organi, ki je potekalo 5. novembra 2009 v Reykjaviku.
At this meeting, the Icelandic authorities provided brief information concerning the background and history of the case.
Islandski organi so na tem srečanju na kratko predstavili informacije o ozadju in preteklosti zadeve.
At the same meeting, due to the complexity of the intervention and the circumstances surrounding it, the Authority asked the Icelandic authorities to provide detailed written information.
Nadzorni organ je na istem srečanju zaradi zapletenosti in okoliščin posredovanja pozval islandske organe, naj pisno predložijo podrobne informacije.
On 7 June 2010, the Authority received a complaint (Event No 559496) against alleged state aid granted when the Icelandic state intervened in Sjóvá.
Nadzorni organ je 7. junija 2010 prejel pritožbo (evidenčna številka 559496) zoper domnevno državno pomoč, dodeljeno s posredovanjem države v zavarovalnici Sjóvá.
After having sent written requests for information and adopted an information injunction decision requesting information on the state intervention in Sjóvá, as well as subsequent correspondence, by letter dated 22 September 2010 the Authority informed the Icelandic authorities that it had decided to initiate the procedure laid down in Article 1(2) of Part I of Protocol 3 in respect of the recapitalisation of Sjóvá.
Nadzorni organ je potem, ko je poslal pisne zahteve po informacijah in sprejel odločbo o predložitvi informacij glede posredovanja države v zavarovalnici Sjóvá, ter po naknadnem dopisovanju z dopisom z dne 22. septembra 2010 obvestil islandske organe, da je sprejel odločitev o začetku postopka iz člena 1(2) dela I Protokola 3 v zvezi z dokapitalizacijo zavarovalnice Sjóvá.
The Authority's Decision No 373/10/COL to initiate the formal investigation procedure (Opening Decision) of 22 September 2010 was published in the Official Journal of the European Union and the EEA Supplement thereto [1].
Odločba Nadzornega organa št. 373/10/COL o začetku formalnega postopka preiskave (v nadaljnjem besedilu: odločba o začetku postopka) z dne 22. septembra 2010 je bila objavljena v Uradnem listu Evropske unije in njegovem Dopolnilu EGP [1].
The Authority called on interested parties to submit their comments thereon.
Nadzorni organ je zainteresirane strani pozval, naj predložijo svoje pripombe o tem.
The Icelandic authorities, Sjóvá and Íslandsbanki submitted comments by letter dated 14 January 2011 (Event No 583507).
Islandski organi, zavarovalnica Sjóvá in banka Íslandsbanki so predložili pripombe v dopisu z dne 14. januarja 2011 (ev. št. 583507).
The Authority also received comments from two competitors of Sjóvá.
Nadzorni organ je prejel pripombe tudi od dveh konkurentk zavarovalnice Sjóvá.
By letter dated 31 January 2011 (Event No 584930) the Authority forwarded these comments to the Icelandic authorities, which were given the opportunity to respond.
Nadzorni organ je z dopisom z dne 31. januarja 2011 (ev. št. 584930) te pripombe posredoval islandskim organom in jim dal možnost, da nanje odgovorijo.
The response was received by letter dated 25 February 2011 (Event No 588606).
Odgovor je bil prejet z dopisom z dne 25. februarja 2011 (ev. št. 588606).
On 3 October 2011, the Icelandic authorities submitted a first restructuring plan for Sjóvá (Event No 610472), which was updated on 13 April 2012 (Event No 631003) and 28 May 2013 (Event No 673746), as well as supplementary information on 6 March 2013 (Event No 665021).
Islandski organi so 3. oktobra 2011 predložili prvi načrt prestrukturiranja zavarovalnice Sjóvá (ev. št. 610472), ki je bil posodobljen 13. aprila 2012 (ev. št. 631003) in 28. maja 2013 (ev. št. 673746), 6. marca 2013 pa so predložili dopolnilne informacije (ev. št. 665021).
Additional commitment proposals were received on 25 June 2012 (Event No 641330), 4 October 2012 (Event No 648708), 3 May 2013 (Event No 671655), 28 May 2013 (Event No 673746) and 2 July 2013 (Event No 677440).
Predlogi dodatnih zavez so bili prejeti 25. junija 2012 (ev. št. 641330), 4. oktobra 2012 (ev. št. 648708), 3. maja 2013 (ev. št. 671655), 28. maja 2013 (ev. št. 673746) in 2. julija 2013 (ev. št. 677440).
DESCRIPTION OF THE CASE
OPIS ZADEVE
In the following, Milestone decided in particular to change the focus of Sjóvá's investments towards highly leveraged foreign real estate projects, and enabled assets swaps and unsecured loans to shareholders to the detriment of Sjóvá's financial situation.
Organ FME je od oktobra 2008 do septembra 2009 v zavarovalnici Sjóvá izvajal poseben nadzor v skladu s členom 90 zakona o zavarovalniških dejavnostih št. 60/1994.
According to a report [3] by the Icelandic Financial Supervisory Authority (FME), these investments led to major financial difficulties, and did not comply with the prescriptions of Article 34(2) of Act on Insurance Activities No 60/1994.
(v nadaljnjem besedilu: družba Avant), ki je bila dejavna na trgu financiranja avtomobilov.
From thereon, Sjóvá's creditors started managing the company, culminating in Glitnir — its biggest creditor — taking it over in March 2009.
Zavarovalnica Sjóvá je 20. junija 2009 z banko Glitnir, banko Íslandsbanki in SAT Eignarhaldsfélag hf.
Glitnir also acquired control over Askar Capital, an Icelandic investment bank formerly controlled by Milestone, as well as its subsidiary, Avant hf.
(holdinško družbo v polni lasti banke Glitnir, v nadaljnjem besedilu: družba SAT Holding) v imenu družbe SA tryggingar hf. podpisala sporazum o prenosu sredstev, na podlagi katerega so se vsa sredstva in obveznosti zavarovalnice Sjóvá v zvezi z njenim zavarovalniškim poslovanjem, vključno z zavarovalnim portfeljem, prenesli na družbo SA tryggingar hf. v skladu s členom 86 zakona o zavarovalniških dejavnostih št. 60/1994.
(Avant), which was active on the car financing market.
Preostala sredstva zavarovalnice Sjóvá so se prenesla na holdinško družbo SJ Eignarhaldsfélag (v nadaljnjem besedilu: družba SJE).
In April 2009, Glitnir and Íslandsbanki, which was also a major creditor of Sjóvá, approached the Icelandic state requesting its assistance in refinancing and restructuring Sjóvá, having exhausted all alternative market solutions to rescue the company.
Družba SJE bi potem postopno prenehala poslovati z običajnim postopkom zaradi insolventnosti.
On 20 June 2009, Sjóvá on the one hand and Glitnir, Íslandsbanki, and SAT Eignarhaldsfélag hf.
Po transakciji se je nova družba SA tryggingar hf. preimenovala v Sjóvá.
(a holding company wholly owned by Glitnir, hereinafter referred to as SAT Holding) on behalf of SA tryggingar hf. on the other hand signed an Asset Transfer Agreement, according to which all assets and liabilities of Sjóvá related to the company's insurance operations, including the insurance portfolio, were transferred to SA tryggingar hf., in accordance with Article 86 of the Act on Insurance Activities No 60/1994.
V skladu z njenim statutom z dne 20. junija 2009 naj bi delničarji nove družbe (banka Glitnir, banka Íslandsbanki in družba SAT Holding) prispevali nov lastniški kapital v višini približno 16 milijard ISK, ki je bil potreben za nadaljevanje zavarovalniškega poslovanja, kot sledi [4]:
The remaining assets of Sjóvá were placed in SJ Eignarhaldsfélag (SJE), a holding company.
Družba
SJE would then be wound down in a regular insolvency process.
Znesek
Following the transaction the new company, SA tryggingar hf., was renamed Sjóvá.
Način plačila
According to its Articles of Association, dated 20 June 2009, the shareholders of the new company (Glitnir, Íslandsbanki and SAT Holding) were to contribute new equity of about ISK 16 billion, required to continue insurance operations, as follows [4]:
Delež
Company
2,8 milijarde ISK
Amount
Obveznica, ki jo je izdala družba Avant z obrestno mero REIBOR plus 3,75 % z naslednjimi zavarovanji s premoženjem: