THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT WILL BE ABLE TO IMPLEMENT THE TRANSACTION
The European Bank for Reconstruction and Development (EBRD) will be able to acquire joint control of Green Genius International , a Dutch renewable energy company, together with its existing shareholders, Modus Grupe and MG NL Holding . The merger has been cleared by the Competition Council.
THE COMPETITION COUNCIL CLEARS TRANSACTION FOR ESTONIAN COMPANIES
Aktsiaselts Infortar will be able to acquire 21.71% of the shares in Aktsiaselts Tallink Grupp, together with the existing shares for a total of 68.47%, and take over sole control of it. The transaction has been cleared by the Competition Council.
On 6–9 September experts from the Armenian Competition Protection Commission participated in a study visit to the Lithuanian competition authority Konkurencijos taryba, as well as to other institutions, and got acquainted with their activities and practice of international cooperation.
More targeted state aid measures, the reduction of administrative burden for small and medium-sized enterprises (SMEs), more information on alternative financing opportunities and enhanced financial reporting of enterprises – these recommendations and measures of their implementation have been presented by the Bank of Lithuania and the...
Lithuanian competition authority Konkurencijos taryba cleared Latvian company‘s AS Eco Baltia acquisition of up to 100 per cent of shares and sole control of the company AWT Holding and allowed the former to acquire control of Ecoservice , Ecoservice projektai , Ecoservice Klaipėda , Ecoplasta , Marijampolės švara , Biržų komunalinis...
The Lithuanian competition authority Konkurencijos taryba decided to terminate an investigation into the compliance of actions of undertakings involved in public procurements for the construction and reconstruction of quays and other objects with the Law on Competition and the Treaty on the Functioning of the European Union.
Konkurencijos taryba cleared the acquisition of 52.81 per cent of the Latvian company Eco Baltia indirectly through BSGF Salvus , and acquisition of joint control of Eco Baltia by the investment fund INVL Baltic Sea Growth Fund together with the existing shareholder the European Bank for Reconstruction and Development.
The Supreme Administrative Court of Lithuania (Court) rejected the appeals by the construction company Panevėžio statybos trestas (PST) and company Active Construction Management , previously known as Irdaiva , and upheld the ruling of the court of first instance confirming the fines imposed on the companies for anti-competitive joint bidding.
Konkurencijos taryba has terminated investigation into the alleged anti-competitive agreement among 7 Lithuanian and Latvian companies engaged in the production and sales of construction, repair and household goods.
Konkurencijos taryba cleared the acquisition of vehicle trading business of Estonian Aktsiaselts Silberauto, Silberauto Estonia AS, Silwi Autoehituse Aktsiaselts and Lithuanian Silberauto by the Finland-based firm Veho Oy Ab .
Vilnius Regional Administrative Court (Court) partially upheld the request of Konkurencijos taryba and restricted the right of D. L., manager of the company Ledevila , Ž. K., former manager of Elmis , and L. K., former manager of Vortex Capital , to occupy managerial positions in the public or private sector for their involvement in...
Konkurencijos taryba cleared the acquisition of 69 per cent of UAB Pusbroliai shares and sole control by the Netherlands-based company Genopas B. V.