Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERG ER-REGISTRY@ec.europa.eu . 
  
 EUROPEAN COMMISSION  
Brussels, 16.11.2022  
C(2022 ) 8403 final  
PUBLIC VERSION  
EP Power Europe, a.s.  
Pařížská 130/26  
110 00 Prague 1  
Czech Republic  
Subject : Case M. 10960 – EPPE / PZEM SUBSIDIARIES  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 20 October 2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger Regulation , by which  the 
undertaking EP Power Europe, a.s. (“EPPE”), belonging to the EPH Group (both 
Czech Republic) , will acquire withi n the meaning of Artic le 3(1)(b ) of the Merger 
Regulation sole control over the whole of the undertaking s PZEM Energy Company 
B.V. (“PEC”) and its subsidiaries (a) Sloe Centrale Holding B.V. (“SCH”), (b) Sloe 
Centrale B.V. (“SCBV”) and (c) PZEM Tolling Sloe B.V. (“PZEM TOLLING” ), and 
PZEM Pipe B.V. (“PZEM PIPE”) (all from the Netherlands , together hereinafter the 
“Target” ), currently either solely owned and controlled by PZEM Ficus or jointly 
owned and controlled by PZEM Ficus and EDF International  by way of purchase of 
shares .3 
2. The business activities of the undertakings concerned  are the following : 
 EPPE (Czech Republic) belongs to the EPH Group. The EPH Group is a 
vertically integrated energy utility with several activities including lignite mining, 
electricity and heat production, distribution and supply as well as gas 
transmission, distribution, storage and supply,  
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 417, 31/10/2022 , p. 20. 

 
2  The Target entities  are active in the energy and gas sector . 
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5 (c) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in applic ation of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .