Daily News 03 /01/2019


Economy - published on 04 January 2019


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Press release European Commission


2019 European Capitals of Culture: Plovdiv and Matera


As of 1 January 2019, Plovdiv (Bulgaria) and Matera (Italy) will hold the title
of European Capital of Culture for one year. Commissioner for Education, Culture, Youth and Sport, Tibor Navracsics, said: “The programmes for Plovdiv and Matera show how these
cities envisage both their own future and that of Europe, whilst celebrating their extraordinary centuries-old heritage. The European Capital of Culture initiative brings people together and
highlights the role of culture in building a European identity. Both cities will help ensure a long-term impact of last year’s successful European Year of Cultural Heritage, which has demonstrated
how culture can transform our cities and regions for the better. I wish Plovdiv and Matera every success in the coming year.” Plovdiv is the first ever Bulgarian city to be chosen as European
Capital of Culture. With a full programme under the motto “Together”, 2019 will bring new opportunities to the region and international visibility for the city. Mariya Gabriel,
Commissioner for Digital Economy and Society will attend the official opening ceremony on 12 January. The programme for Matera has been organised under the motto “Open Future”, and will
have a special focus on social and cultural inclusion and collaborative innovation. Commissioner Navracsics will attend the official opening ceremony on 19 January. The full press
release is online here. A
factsheet
and a
brochure
on the European Capitals of Culture are available online.



President Juncker sends his condolences to Denmark Prime Minister after train accident


Commission President Jean-Claude Juncker sent yesterday his condolences via a letter to Denmark Prime Minister Lars Løkke Rasmussen after eight persons died and 16 were wounded in
a train accident on the bridge between Zealand and Funen. President Juncker said: “On behalf of the European Commission, I would like to express my sincere condolences to the
families and friends of the victims and the Danish people. Lives were sadly cut short at the moment when the passengers were travelling back from the most festive season of the year. I commend your
rescue services for their work, and wish for a speedy recovery of the injured passengers.”




The Juncker Plan supports the rural economy in Spain


On 27 December 2018, the Investment Plan for Europe – the Juncker Plan – backed part of a €610 million European Investment Bank (EIB) Group guarantee to Spanish bank Cajamar. The guarantee provides
better access to finance for small businesses and entrepreneurs in Spain’s rural areas and enables more investments in agri-food projects. Some 15,000 rural businesses are set to benefit from this
agreement. Commissioner Phil Hogan, responsible for Agriculture and Rural Development, said: “With €46 billion of additional investment mobilised in Spain, the Juncker Plan is
already a success story in the country. This new agreement will bring EU support to small and medium businesses and entrepreneurs in rural areas, where a helping hand is much needed. The rural
economy is a green goldmine and I’m glad that the Juncker Plan helps fulfil its potential.” A press release is available
here
. As of December 2018, the European Fund for Strategic Investments (EFSI) at the heart of the Juncker Plan had already mobilised €371.2 billion of investment across Europe, including €46
billion in Spain.



Concentrations: la Commission autorise l’acquisition du contrôle en commun de CIT par Bolloré et APMT


La Commission européenne a approuvé, en vertu du règlement européen sur les concentrations, l’acquisition du contrôle en commun de Côte d’Ivoire Terminal (“CIT”), basée en Côte d’Ivoire, par
Bolloré Africa Logistics, appartenant au groupe Bolloré, toutes deux basées en France, et APM Terminals BV (“APMT”), basée aux Pays-Bas, une filiale en propriété exclusive d’A.P. Møller-Mærsk A/S,
basée au Danemark. CIT est actuellement sous le contrôle exclusif d’APMT. CIT est active dans la construction et l’exploitation d’un nouveau terminal à conteneurs en eau profonde dans le port
d’Abidjan, en Côte d’Ivoire, destiné à accueillir des navires de haute mer de grande taille et un centre d’acheminement. Bolloré Africa Logistics fournit des services logistiques, notamment de
transit, de dédouanement et d’entreposage, et de gestion et exploitation de terminaux portuaires et de chemins de fer. APMT exploite des terminaux à conteneurs. La Commission a conclu que
l’opération envisagée ne soulèverait pas de problème de concurrence en raison de son impact limité sur le marché. L’opération a été examinée dans la cadre de la procédure simplifiée du contrôle
des concentrations. De plus amples informations sont disponibles sur le site internet concurrence de la Commission,
dans le registre public des
affaires sous le numéro d’affaire
M.8747
.



Mergers: Commission clears acquisition of COSTA Coffee by The Coca Cola Company


The European Commission has approved, under the EU Merger Regulation, the acquisition of Costa Coffee of the UK by The Coca Cola Company of the US. Costa Coffee operates coffee shops and hot
beverage vending machines mainly in the UK, Ireland and Poland and sells packaged, roast and ground coffee and other ingredients. The Coca Cola Company owns and licensees various trademarks used to
market non-alcoholic beverages, produces soft drink concentrate and syrups that it supplies to its bottlers and is responsible for the consumer marketing of beverages sold under its trademarks. The
Commission concluded that the proposed acquisition would raise no competition concerns because the companies do not sell the same products and the links between their activities are limited. The
operation was examined under the normal merger review procedure. More information will be available on the Commission’s competition website.



Mergers: Commission clears the acquisition of joint control over Peggy Holdco by Macquarie and MML


The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Peggy Holdco of the UK by Macquarie Group (“Macquarie”) of Australia and MML UK Partners
(“MML”) of the UK. Peggy Holdco owns ParkingEye, a carpark management company active in the UK. Macquarie is a global provider of banking, financing, advisor, investment and funds management
services. MML is a private equity firm. The Commission concluded that the proposed acquisition would raise no competition concerns, given its limited impact on the market. The transaction was
examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the
public case register under
the case number
M.9225
.




Mergers: Commission clears proposed establishment of two joint ventures by Autolaunch and Beijing Electric Vehicle


The European Commission has approved, under the EU Merger Regulation, the establishment of two joint ventures by Autolaunch Ltd. of Ireland and Beijing Electric Vehicle Co. Ltd. of China. The joint
ventures will be active on the market for engineering services and contract manufacturing of blade electric passenger vehicles. Autolaunch is a 100% owned subsidiary of Cosma Tooling Ireland
Unlimited, which is directly held by Magna International Inc., a global automotive supplier active in the areas of manufacturing operations, product development, engineering and sales. Autolaunch
is mainly active in the production of tooling and related services. Beijing Electric Vehicle Co. is a wholly-owned subsidiary of Beijing Automotive Group Co. Ltd. and is mainly active in the fields
of vehicle system integration and matching, production and development of vehicle control systems, electric drive systems and pure electric passenger systems. The Commission concluded that the
proposed creation of the two joint ventures would raise no competition concerns, because the joint ventures have no actual or foreseen activities within the European Economic Area. The transaction
was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the
public case register under
the case number
M.9187
.

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