Commission clears creation of joint venture by VERBUND and Burgenland Energie

Daily News 10 / 01 / 2024 The transaction relates primarily to the production of hydrogen gas.


Economia - pubblicata il 12 Gennaio 2024


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Source: European Commission Spokesperson's Service  

 

The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by VERBUND and Burgenland Energie, both of Austria.

The transaction relates primarily to the production of hydrogen gas.

The Commission concluded that the notified transaction would not raise competition concerns, given that the joint venture has negligible activities in the European Economic Area. The notified 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.11336.

 

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