The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision, according to which the Council prohibited the acquisition of 100 per cent of Maltosa shares by Viking Malt Oy .
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 .
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 .
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.
On July 18 the President of the Republic of Lithuania Dalia Grybauskaitė appointed Elonas Šatas as Council Member of the Competition Council for the second six-year term starting on 24 August 2017.
After the final ruling of the Supreme Administrative Court of Lithuania, UAB AMIC Lietuva (former UAB Lukoil Baltija) paid a fine of EUR 3,297,700 and EUR 536,339 of interest.
The Competition Council found that having acquired about 51 per cent of Vievio paukštynas shares and gained control over the company, Kauno grūdai implemented unnotified merger. For the infringement of the Law on Competition, the Council fined Kauno grūdai EUR 947,700.
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.
The Supreme Administrative Court of Lithuania (hereinafter – Court) upheld the Lithuanian Competition Council’s decision of December 12, 2014 whereby UAB AMIC Lietuva (former UAB Lukoil Baltija ) received a fine of EUR 3 297 700.