The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of 33.4 per cent of the shares of the company 9 sparnai, as well as acquisition of its joint control together with E energy invest, by the Estonian firm Windly Holding OÜ.

The Finnish forestry company UPM-Kymmene Beteiligungs will be able to acquire 100 per cent of the shares of the German firm AMC AG Advanced Methods of Coating and, indirectly, control of Inter Sign, SERPRI, Print Inform Japan and ITRACO International Trading + Consulting . This transaction has been cleared by the Lithuanian competition...

The Lithuanian competition authority Konkurencijos taryba has decided to close the infringement proceedings into an alleged anti-competitive agreement between the firms Vilniaus energija and Bionovus (its successor was First Opportunity , a company registered in Estonia and later liquidated), in the biofuel market.

Konkurencijos taryba found that the company Neste Lietuva infringed the Law on Advertising by spreading misleading advertising claims about Neste fuel.  The company was fined EUR 8,688.

Konkurencijos taryba cleared the acquisition of 69 per cent of UAB Pusbroliai shares and sole control by the Netherlands-based company  Genopas B. V.

The Supreme Administrative Court of Lithuania agreed to renew court proceedings concerning an anti-competitive agreement on the biofuel market as requested by the Lithuanian competition authority Konkurencijos taryba.

Šarūnas Keserauskas, Chairman of the Competition Council (hereinafter – the Council), presented the authority‘s achievements of 2015 to the members of the Cabinet.