# Official Journal C 136/2020

| | ISSN 1977-091X |
| --- | --- |
| Official Journal
  of the European Union | C 136 |
| | |
| English edition | Information and Notices | Volume 6327 April 2020 |

ISSN 1977-091X

Official Journal

of the European Union

C 136

English edition

Information and Notices

Volume 6327 April 2020

---

| Contents | page |
| --- | --- |
| | IV   Notices |
| | NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES |
| | European Commission |
| 2020/C 136/01 | Euro exchange rates — 24 April 2020 | 1 |
| 2020/C 136/02 | New national side of euro coins intended for circulation | 2 |
| | Court of Auditors |
| 2020/C 136/03 | Special Report 7/2020 Implementing Cohesion policy: comparatively low costs, but insufficient information to assess simplification savings | 3 |
| 2020/C 136/04 | Special Report 8/2020 EU investments in cultural sites: a topic that deserves more focus and coordination | 4 |
| | NOTICES FROM MEMBER STATES |
| 2020/C 136/05 | List of trusts and similar legal arrangements governed under the law of the Member States as notified to the Commission
  (This text annuls and replaces the text published in OJ C 434, 27.12.2019, p. 27 ) | 5 |

Contents

page

IV   Notices

NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

2020/C 136/01

Euro exchange rates — 24 April 2020

1

2020/C 136/02

New national side of euro coins intended for circulation

2

Court of Auditors

2020/C 136/03

Special Report 7/2020 Implementing Cohesion policy: comparatively low costs, but insufficient information to assess simplification savings

3

2020/C 136/04

Special Report 8/2020 EU investments in cultural sites: a topic that deserves more focus and coordination

4

NOTICES FROM MEMBER STATES

2020/C 136/05

List of trusts and similar legal arrangements governed under the law of the Member States as notified to the Commission
  (This text annuls and replaces the text published in OJ C 434, 27.12.2019, p. 27 )

(This text annuls and replaces the text published in OJ C 434, 27.12.2019, p. 27 )

5

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| | V   Announcements |
| --- | --- |
| | PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY |
| | European Commission |
| 2020/C 136/06 | Prior notification of a concentration (Case M.9447 – Hitachi/ABB (Power Grid Division)) (
  1
  ) | 7 |

V   Announcements

PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY

European Commission

2020/C 136/06

Prior notification of a concentration (Case M.9447 – Hitachi/ABB (Power Grid Division)) (
  1
  )

1

7

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| | |
| --- | --- |
| | (1)   Text with EEA relevance. |

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(1)   Text with EEA relevance.

1

| EN | |
| --- | --- |

EN

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IV Notices

NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

| 27.4.2020 | EN | Official Journal of the European Union | C 136/1 |
| --- | --- | --- | --- |

27.4.2020

EN

Official Journal of the European Union

C 136/1

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Euro exchange rates (1)

24 April 2020

(2020/C 136/01)

1 euro =

| | Currency | Exchange rate |
| --- | --- | --- |
| USD | US dollar | 1,0800 |
| JPY | Japanese yen | 116,22 |
| DKK | Danish krone | 7,4577 |
| GBP | Pound sterling | 0,87498 |
| SEK | Swedish krona | 10,8723 |
| CHF | Swiss franc | 1,0525 |
| ISK | Iceland króna | 158,60 |
| NOK | Norwegian krone | 11,4785 |
| BGN | Bulgarian lev | 1,9558 |
| CZK | Czech koruna | 27,310 |
| HUF | Hungarian forint | 355,19 |
| PLN | Polish zloty | 4,5284 |
| RON | Romanian leu | 4,8419 |
| TRY | Turkish lira | 7,5365 |
| AUD | Australian dollar | 1,6943 |
| CAD | Canadian dollar | 1,5173 |
| HKD | Hong Kong dollar | 8,3706 |
| NZD | New Zealand dollar | 1,7991 |
| SGD | Singapore dollar | 1,5396 |
| KRW | South Korean won | 1 332,59 |
| ZAR | South African rand | 20,5019 |
| CNY | Chinese yuan renminbi | 7,6455 |
| HRK | Croatian kuna | 7,5523 |
| IDR | Indonesian rupiah | 16 875,00 |
| MYR | Malaysian ringgit | 4,7093 |
| PHP | Philippine peso | 54,891 |
| RUB | Russian rouble | 80,3991 |
| THB | Thai baht | 35,030 |
| BRL | Brazilian real | 6,0128 |
| MXN | Mexican peso | 26,8331 |
| INR | Indian rupee | 82,3660 |

Currency

Exchange rate

USD

US dollar

1,0800

JPY

Japanese yen

116,22

DKK

Danish krone

7,4577

GBP

Pound sterling

0,87498

SEK

Swedish krona

10,8723

CHF

Swiss franc

1,0525

ISK

Iceland króna

158,60

NOK

Norwegian krone

11,4785

BGN

Bulgarian lev

1,9558

CZK

Czech koruna

27,310

HUF

Hungarian forint

355,19

PLN

Polish zloty

4,5284

RON

Romanian leu

4,8419

TRY

Turkish lira

7,5365

AUD

Australian dollar

1,6943

CAD

Canadian dollar

1,5173

HKD

Hong Kong dollar

8,3706

NZD

New Zealand dollar

1,7991

SGD

Singapore dollar

1,5396

KRW

South Korean won

1 332,59

ZAR

South African rand

20,5019

CNY

Chinese yuan renminbi

7,6455

HRK

Croatian kuna

7,5523

IDR

Indonesian rupiah

16 875,00

MYR

Malaysian ringgit

4,7093

PHP

Philippine peso

54,891

RUB

Russian rouble

80,3991

THB

Thai baht

35,030

BRL

Brazilian real

6,0128

MXN

Mexican peso

26,8331

INR

Indian rupee

82,3660

---

(1)  Source: reference exchange rate published by the ECB.

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| 27.4.2020 | EN | Official Journal of the European Union | C 136/2 |
| --- | --- | --- | --- |

27.4.2020

EN

Official Journal of the European Union

C 136/2

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New national side of euro coins intended for circulation

(2020/C 136/02)

Image 1

National side of the new commemorative 2-euro coin intended for circulation and issued by Latvia

Euro coins intended for circulation have legal tender status throughout the euro area. For the purpose of informing the public and all parties who handle the coins, the Commission publishes a description of the designs of all new coins (1). In accordance with the Council conclusions of 10 February 2009 (2), euro-area Member States and countries that have concluded a monetary agreement with the European Union providing for the issuing of euro coins are allowed to issue commemorative euro coins intended for circulation, provided that certain conditions are met, particularly that only the 2-euro denomination is used. These coins have the same technical characteristics as other 2-euro coins, but their national face features a commemorative design that is highly symbolic in national or European terms.

Issuing country: Latvia

Subject of commemoration: Latgalian ceramics

Description of the design: The coin is dedicated to the Latgalian pottery. The traditional pottery established itself for substantial periods of time in two districts, Latgale and Kurzeme, ut only in Latgale it has survived throughout the times and passed over to the next generations. The Latgalian pottery is included also in the Latvian Culture Canon.

The design depicts a characteristic piece of Latgalian ceramics – clay candelabrum. It bears an inscription ‘LATGALES KERAMIKA’ (Latgalian ceramics), the country name ‘LATVIJA’ as well as the year of issuance ‘2020’.

The coin’s outer ring depicts the 12 stars of the European flag.

Estimated number of coins to be issued: 312 000

Date of issue: Second quarter of 2020

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(1)  See OJ C 373, 28.12.2001, p. 1 for the national faces of all the coins issued in 2002.

(2)  See the conclusions of the Economic and Financial Affairs Council of 10 February 2009 and the Commission Recommendation of 19 December 2008 on common guidelines for the national sides and the issuance of euro coins intended for circulation (OJ L 9, 14.1.2009, pp. 52).

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Court of Auditors

| 27.4.2020 | EN | Official Journal of the European Union | C 136/3 |
| --- | --- | --- | --- |

27.4.2020

EN

Official Journal of the European Union

C 136/3

---

Special Report 7/2020

Implementing Cohesion policy: comparatively low costs, but insufficient information to assess simplification savings

(2020/C 136/03)

The European Court of Auditors hereby informs you that Special Report 7/2020 Implementing Cohesion policy: comparatively low costs, but insufficient information to assess simplification savings has just been published.

The report can be accessed for consultation or downloading on the European Court of Auditors’ website: http://eca.europa.eu

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| 27.4.2020 | EN | Official Journal of the European Union | C 136/4 |
| --- | --- | --- | --- |

27.4.2020

EN

Official Journal of the European Union

C 136/4

---

Special Report 8/2020

‘EU investments in cultural sites: a topic that deserves more focus and coordination’

(2020/C 136/04)

The European Court of Auditors hereby informs you that Special Report 8/2020 ‘EU investments in cultural sites: a topic that deserves more focus and coordination’ has just been published.

The report can be accessed for consultation or downloading on the European Court of Auditors’ website: http://eca.europa.eu

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NOTICES FROM MEMBER STATES

| 27.4.2020 | EN | Official Journal of the European Union | C 136/5 |
| --- | --- | --- | --- |

27.4.2020

EN

Official Journal of the European Union

C 136/5

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List of trusts and similar legal arrangements governed under the law of the Member States as notified to the Commission

(This text annuls and replaces the text published in OJ C 434, 27.12.2019, p. 27)

(2020/C 136/05)

Article 31(10) of Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (1), amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC, requires Member States to notify to the Commission the categories, description of the characteristics, names and, where applicable, legal basis of the trusts and similar legal arrangements governed under their law. The same article requires the Commission to publish the consolidated list of such trusts and similar legal arrangements, as notified by the Member States, in the Official Journal of the European Union. Such list was published in the C series of the Official Journal on 27 December 2019 (2019/C 434/13) (2). A number of Member States have since amended their notifications. This document integrates these amendments and replaces the list published on 27 December 2019.

| Member State | Trust or similar legal arrangement notified |
| --- | --- |
| Belgium | None |
| Bulgaria | None |
| Czechia | Svěřenský fond |
| Denmark | None |
| Germany | a) | nicht rechtsfähige Stiftungen, wenn der Stiftungszweck aus Sicht des Stifters eigennützig ist |

Member State

Trust or similar legal arrangement notified

Belgium

None

Bulgaria

None

Czechia

Svěřenský fond

Denmark

None

Germany

a)

nicht rechtsfähige Stiftungen, wenn der Stiftungszweck aus Sicht des Stifters eigennützig ist

| b) | Rechtsgestaltungen, die solchen Stiftungen in ihrer Struktur und Funktion entsprechen |
| --- | --- |

b)

Rechtsgestaltungen, die solchen Stiftungen in ihrer Struktur und Funktion entsprechen

Estonia

None

Ireland

Express trusts

Greece

None

Spain

None

France

Fiducies

Croatia

None

Italy (*1)

| a) | Mandato fiduciario |
| --- | --- |

a)

Mandato fiduciario

| b) | Vincolo di destinazione |
| --- | --- |

b)

Vincolo di destinazione

Cyprus (*1)

| a) | Εμπιστεύματα |
| --- | --- |

a)

Εμπιστεύματα

| b) | Διεθνή εμπιστεύματα |
| --- | --- |

b)

Διεθνή εμπιστεύματα

Latvia

None

Lithuania

None

Luxembourg (*1)

Contrats fiduciaires

Hungary

Bizalmi vagyonkezelő

Malta

| a) | Trusts |
| --- | --- |

a)

Trusts

| b) | Foundations |
| --- | --- |

b)

Foundations

Netherlands (*1)

Fonds voor gemene rekening

Austria

None

Poland

None

Portugal

None (*2)

Romania

Fiducia

Slovenia

None

Slovakia

None

Finland

None

Sweden

None

United Kingdom

Express trusts

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(1)  OJ L 141, 5.6.2015, p. 73.

(2)  OJ C 434, 27.12.2019, p. 27.

(*1)  Trusts are recognised based on provisions of the Hague Convention of 1 July 1985 on the Law Applicable to Trusts and on their Recognition developed by the Hague Conference on Private International Law.

(*2)  Trusts that have been legally constituted under foreign laws, with terms exceeding one year and whose settlor(s) are non-Portuguese residents (foreign trusts), can be recognised and authorised to perform business activities exclusively in the Madeira Free Trade Zone.

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V Announcements

PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY

European Commission

| 27.4.2020 | EN | Official Journal of the European Union | C 136/7 |
| --- | --- | --- | --- |

27.4.2020

EN

Official Journal of the European Union

C 136/7

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Prior notification of a concentration

(Case M.9447 – Hitachi/ABB (Power Grid Division))

(Text with EEA relevance)

(2020/C 136/06)

1.

This notification concerns the following undertakings:

| — | Hitachi Ltd (‘Hitachi’, Japan), |
| --- | --- |

—

Hitachi Ltd (‘Hitachi’, Japan),

| — | ABB Management Holding AG (‘ABB (Power Grid Division’), Switzerland), controlled by ABB Ltd. |
| --- | --- |

—

ABB Management Holding AG (‘ABB (Power Grid Division’), Switzerland), controlled by ABB Ltd.

Hitachi acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of ABB (Power Grid Division).

The concentration is accomplished by way of purchase of shares.

2.

| — | for Hitachi: Hitachi is active in a variety of business segments including IT Solution, Energy Solution (including the development, engineering, manufacturing and sale of products, systems and projects relating to: (a) high voltage products; (b) transformers; (c) power grid automation; and (d) power grid integration), Industry Solution, Mobility Solution and SmartLife Solution, |
| --- | --- |

—

for Hitachi: Hitachi is active in a variety of business segments including IT Solution, Energy Solution (including the development, engineering, manufacturing and sale of products, systems and projects relating to: (a) high voltage products; (b) transformers; (c) power grid automation; and (d) power grid integration), Industry Solution, Mobility Solution and SmartLife Solution,

| — | for ABB (Power Grid Division): ABB (Power Grid Division) is active in the development, engineering, manufacturing and sale of products, systems and projects relating to: (a) high voltage products; (b) transformers; (c) power grid automation; and (d) power grid integration. |
| --- | --- |

—

for ABB (Power Grid Division): ABB (Power Grid Division) is active in the development, engineering, manufacturing and sale of products, systems and projects relating to: (a) high voltage products; (b) transformers; (c) power grid automation; and (d) power grid integration.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.9447 – Hitachi/ABB (Power Grid Division)

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

| European Commission |
| --- |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

1

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