Examples of using Integrated undertaking in English and their translations into Polish
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In several Member States, 26 coal mines andpower plants form part of one integrated undertaking.
Vertically integrated undertaking' shall mean an undertaking performing two or more of the functions of generation, transmission and distribution of electricity;
Vertically integrated undertaking' means a natural gas undertaking performing two or more of the tasks of production, transmission, distribution, supply or storage of natural gas;
Where the transmission system operator is part of a vertically integrated undertaking, it shall be independent at least in terms of its legal form, organisation and decision making from other activities not relating to transmission.
Horizontally integrated undertaking" means an undertaking performing at least one of the functions of production, transmission, distribution, supply or storage of natural gas, and a non-gas activity;
These rules shall not create an obligation to separate the ownership of assets of the transmission system from the vertically integrated undertaking.
Where the distribution system operator is part of a vertically integrated undertaking, it shall be independent at least in terms of its legal form, organisation and decision making from other activities not relating to distribution.
The option of an independent operator of the transmission network may be used by countries in which, on the entry into forceof the new directive, the transmission network will fall to a vertically integrated undertaking.
Where the transmission system operator is part of a vertically integrated undertaking, it shall be independent at least in terms of its legal form, organisation and decision making from other activities not relating to transmission.
Member States may allow for derogations from paragraphs 1(b) and 1(c) until[date of transposition plus two years],provided that transmission system operators are not part of a vertically integrated undertaking.
Horizontally integrated undertaking' shall mean an undertaking performing at least one of the functions of generation for sale, or transmission or distribution of electricity, and another non-electricity activity;
The ITO option will be available to both gas andelectricity sectors for member states where the transmission system belongs to a vertically integrated undertaking on entry into force of the directive.
Horizontally integrated undertaking' means an undertaking performing at least one of the functions of production, transmission, distribution, supply or storage of natural gas, and a non-gas activity;
In addition to the requirements of paragraph 1,where the distribution system operator is part of a vertically integrated undertaking, it shall be independent in terms of its organisation and decision making from the other activities not related to distribution.
The Commission may adopt guidelines to ensure full and effective compliance of the distribution system operator with paragraph 2 as regards the full independence ofthe distribution system operator, the absence of discriminatory behaviour, and that supply activities of the vertically integrated undertaking cannot take unfair advantage of its vertical integration.
In addition to the requirements of paragraph 1, where the distribution system operator is part of a vertically integrated undertaking, it shall be independent in terms of its organisation and decision making from the other activities not related to distribution.
Vertically integrated undertaking" means an undertaking or a group of undertakings whose mutual relationships are defined in Article 3(3) of Council Regulation(EEC) No 4064/89 of 21 December 1989 on the control of concentrations between undertakings(8) and where the undertaking/group concerned is performing at least one of the functions of transmission or distribution and at least one of the functions of generation or supply of electricity;
Member States shall ensure that commercially sensitive information referred to in Article 12 held by a transmission system operator which was part of a vertically integrated undertaking, and the staff of such a transmission system operator, are not transferred to undertakings performing any of the functions of generation and supply.
Where the transmission system belongs to a vertically integrated undertaking on entry into force of this Directive, Member States may grant derogations from Article 7(1), provided that an independent system operator is designated by the Member State upon a proposal from the transmission system owner and subject to approval of such designation by the Commission.
Member States shall ensure that commercially sensitive information referred to in Article 10(1)held by a transmission system operator which was part of a vertically integrated undertaking, and the staff of such a transmission system operator, are not transferred to undertakings performing any of the functions of production and supply.
Vertically integrated undertaking" means a natural gas undertaking or a group of undertakings whose mutual relationships are defined in Article 3(3) of Council Regulation(EEC) No 4064/89 of 21 December 1989 on the control of concentrations between undertakings(9) and where the undertaking/group concerned is performing at least one of the functions of transmission, distribution, LNG or storage, and at least one of the functions of production or supply of natural gas;
Where the distribution system operator is part of a vertically integrated undertaking, Member States shall ensure that the activities of the distribution system operator is monitored so that it cannot take advantage of its vertical integration to distort competition.
Where the undertaking owning a transmission system is part of a vertically integrated undertaking, Member States should therefore be given a choice between ownership unbundling and, as a derogation, setting up system operators which are independent from supply and generation interests.
Regarding the organisation of the transmission system and the system operator,in the context of a vertically integrated undertaking a range of requirements have been established that define the independence of the system operator, balanced and impartial operation, the safety of carrying out necessary investment and also protection of the interests of the vertically integrated undertaking itself.
Binding commitments can add predictability andtransparency to the process of voluntary separation by a vertically integrated undertaking which has been designated as having significant market power in one or more relevant markets, by setting out the process of implementation of the planned separation, for example by providing a roadmap for implementation with clear milestones and predictable consequences if certain milestones are not met.