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turutingimustes tegutsev investor
market economy investor

seetõttu käitus riik kahla ii-le finantsabi andes turutingimustes tegutseva investorina.
therefore, when offering financial support to it, the public authorities acted like market economy investors.

meede) leiab komisjon, et turutingimustes tegutsev investor ei oleks andnud tagastamatut toetust.
(104) regarding the grants (measures 15, 24-29 and 31-32), the commission considers that a market economy investor would not have granted non-reimbursable subsidies.

komisjon analüüsib esmajoones, kas kahla ii-le finantsabi andnud riigiettevõtted käitusid turutingimustes tegutsevate investoritena.
the commission will analyse first of all whether the public entities which provided financial support to kahla ii acted like market economy investors.

Ülalnimetatut arvestades saab komisjon ainult järeldada, et riigipangad ja -asutused ei käitunud turutingimustes tegutsevate ettevõtjatena.
in view of the above, the commission can only conclude that the public banks and institutions did not act like market economy operators.

(102) tabelist 10 selgub, et avalik-õiguslikud finantsasutused ei käitunud turutingimustes tegutseva investorina.
(102) table 10 proves that the public financial institutions did not behave like market economy investors.

aruanded kinnitavad selgelt, et piirkondliku omavalitsuse ja tema finantsasutuste eesmärk oli töökohtade säilitamine, mis ei ole turutingimustes tegutseva investori peamine eesmärk.
the reports clearly state that the objective of the regional government and its financial institutions was to preserve jobs, which is not the main aim of a market economy investor.

(88) järgmistes punktides uuritakse, kas kahla ii 49% osade müük tib-le oli kooskõlas turutingimustes tegutseva investori käitumisega.
(88) as regards the subsequent sale of tib's 49 % stake in kahla ii, the question whether this amounted to the behaviour of a market economy investor will be examined in the sections below.

(105) Ülaltoodut arvestades ei saa komisjon nõustuda, et avalik-õiguslikud finantsasutused pakkusid kahla ii-le toetust turutingimustes tegutseva investoriga võrreldavatel tingimustel.
(105) in view of the above, the commission cannot conclude that the public financial institutions offered support to kahla ii under conditions comparable to those of a market economy investor.

(97) nimetatud aruannete alusel jõudis komisjon järeldusele, et avalik-õiguslikud finantsasutused, eriti tib, ei käitunud kahla ii-le finantsabi pakkudes turutingimustes tegutsevate investoritena.
(97) in the light of these reports, the commission concludes that the public financial institutions - particularly tib - did not act like market economy investors in offering financial support to kahla ii.