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COMPETITION COUNCIL CLEARED ACQUISITION OF 100 PER CENT OF PALINK SHARES BY RIMI LIETUVA SUBJECT TO CONDITIONS
18 10 2017

On October 18 the Competition Council cleared the acquisition of 100 per cent of UAB Palink ( PALINK ) shares ant control by UAB Rimi Lietuva ( RIMI ) on condition that RIMI will sell part of its business related to retail trade.

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UAB SOSTENA RECEIVED MERGER CLEARANCE
19 09 2017

The Competition Council cleared the acquisition of 5,6 per cent (together with the currently owned shares –  25,6 per cent) of  UAB Balux shares and joint control by UAB SOSTENA together with UAB Lona .

NETHERLANDS-BASED THE IT CHANNEL COMPANY RECEIVED MERGER CLEARANCE
06 09 2017

On September 5 the Council cleared the acquisition of 23 per cent of UAB 1ClickFactory shares and joint control by the Netherlands-based The IT Channel Company from UAB Volternas and the Danish company Sfink Invest .

UAB AGROKONCERNO GRŪDAI RECEIVED MERGER CLEARANCE
01 09 2017

On August 30 the Competition Council cleared the acquisition of elevators located in Rokiškis and Kretinga by UAB Agrokoncerno grūdai .

COMPETITION COUNCIL CLEARED MERGER RELATED TO SALE-PURCHASE OF UAB CGATES GROUP SHARES
24 08 2017

On August 23 the Competition Council cleared the merger whereby the Latvian company AS EuVECA Livonia Partners and the Estonian company AS LHV Varahaldus indirectly through Silver Screen Holdings UAB acquired 34,8 per cent of UAB Cgates Group shares and joint control together with the Estonian companies OÜ Polaris Invest and OÜ Com Holding .

UAB KONCERNAS ACHEMOS GRUPĖ FINED FOR UNNOTIFIED MERGER
02 08 2017

The Competition Council found that UAB koncernas Achemos grupė implemented an unnotified merger by acquiring sole control of UAB Jūros vartai and AB KLAIPĖDOS LAIVŲ REMONTAS . For the infringement of the Law on Competition, the Council fined Achemos grupė EUR 54,700.

UAB SPORTLAND LT RECEIVED MERGER CLEARANCE
25 07 2017

On July 25 the Competition Council cleared the acquisition of commercial real estate located at Gedimino pr. 20, Vilnius by UAB SPORTLAND LT

UAB KONCERNAS ACHEMOS GRUPĖ SUSPECTED OF HAVING IMPLEMENTED UNNOTIFIED MERGER
24 04 2017

The Council completed an investigation into suspected unnotified merger by koncernas Achemos grupė . According to the Council‘s preliminary findings, in 2013 koncernas Achemos grupė acquired sole control of UAB Jūros vartai and AB Klaipėdos laivų remontas and by doing so implemented unnotified merger.

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SUPREME ADMINISTRATIVE COURT DENIED GAZPROM’S APPLICATION TO RENEW COURT PROCEEDINGS
14 04 2017

The Supreme Administrative Court of Lithuania (Court) denied Gazprom’s (Company) application to renew court proceedings and upheld the Competition Council’s decision, according to which the Company breached merger condition.

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SUPREME ADMINISTRATIVE COURT UPHELD COUNCIL‘S DECISION IN GAZPROM CASE
23 12 2016

On December 22 the Supreme Administrative Court of Lithuania (hereinafter – SACL) upheld the Competition Council‘s (hereinafter – Council) decision of 2014 whereby Gazprom   received a fine of more than EUR 35 million – Gazprom created obstacles for AB Lietuvos energijos gamyba to purchase natural gas from other supplier.

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COMPETITION COUNCIL CLEARS ACQUISITION OF BTA BALTIC INSURANCE COMPANY AAS BY VIENNA INSURANCE GROUP AG  SUBJECT TO CONDITIONS
19 08 2016

On 18 August the Competition Council (hereinafter – Council) cleared the acquisition of 100 per cent of BTA Baltic Insurance Company AAS  (hereinafter –  BTA ) shares by  VIENNA INSURANCE GROUP AG  (hereinafter –  VIG ) on condition that VIG  will sell the part of business of Compensa Vienna Insurance Group ,...

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COMPETITION COUNCIL CLEARS ACQUISITION OF DANSKE BANK A/S LIETUVOS FILIALAS BY AB SWEDBANK AND UAB SWEDBANK LIZINGAS
22 03 2016

The Competition Council cleared the acquisition of part of the assets, rights and obligations of  Danske Bank A/S Lietuvos filialas  by  AB   Swedbank  and  UAB   Swedbank lizingas .

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