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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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COMPETITION COUNCIL PROHIBITS MERGER BETWEEN MALT PRODUCERS
16 10 2015

On 15 October, Competition Council (further - the Council) prohibited acquisition of 100 per cent of  Maltosa  shares by  Viking Malt Oy . The Council found that the merger will restrict competition in the market of pilsen malt production.

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COMPETITION COUNCIL CLEARS ACQUISITION OF 15 PER CENT OF AMBERWIND SHARES BY KAMINEROS GRUPĖ
27 07 2015

On 23 July, the Competition Council cleared acquisition of 15 per cent of AMBERWIND shares by Kamineros grupė . The latter company together with Stemma Group and ENERCON INDEPENDENT POWER PRODUCER GmbH gained joint control of AMBERWIND.

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COMPETITION COUNCL CLEARS ACQUISITION OF 20 PER CENT OF EESTI MEEDIA SHARES BY UP INVEST
24 07 2015

On 23 July, the Competition Council allowed UP Invest OÜ   to acquire 20 per cent of AS Eesti Meedia   shares (all UP Invest OÜ   shares together  with already  owned  ones will amount to 70 per cent) and, thus, acquire sole control of the latter company.

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COMPETITION CLOUNCIL CLEARS ACQUISITION OF 50 PER CENT OF BANGA PLIUS SHARES BY CATUS
23 07 2015

On 23 July, the Competition Council cleared acquisition of 50 per cent of Banga plius shares by CATUS . The latter company together with Esama gained joint control of Banga plius .

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