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European Commission Spokesman's Briefing for 98-08-06

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Paroleb

06/08/98


CONTENTS / CONTENU

  • [01] Commission approves Swedish electricity merger

  • [01] Commission approves Swedish electricity merger

    The European Commission has decided to clear the merger between Stockholm Energi and Gullspång, both active on the Swedish electricity market. Gullspång is owned by IVO, the largest Finnish company in the energy sector. Stockholm Energi is owned by the City of Stockholm. Following the operation the activities of Stockholm Energi and Gullspång will be coordinated under Birka Energi AB, which will be jointly controlled by the City of Stockholm and IVO. The rationale of the concentration is to enable Stockholm Energi and Gullspång to compete effectively with the two largest producers on the Swedish market, Vattenfall and Sydkraft. Given the latter's market share the merger poses no threat to competition.

    MIDDAY EXPRESS


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


    Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article
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