do-me/EUR-LEX huggingface dataset:
Prior notification of a concentration (Case COMP/M.2561 — Prudential/BPB) — Candidate case for simplified procedure (Text with EEA relevance)
Date: 2001-10-10
Institutions: European Commission
Subjects: economic concentration, financial institution, merger control

C 284/20

EN

Official Journal of the European Communities

10.10.2001

Prior notification of a concentration

(Case COMP/M.2561 (cid:151) Prudential/BPB)

Candidate case for simplified procedure

(2001/C 284/04)

(Text with EEA relevance)

On 28 September 2001 the Commission received notification of a proposed concentration pursuant
1.
to Article 4 of Council Regulation (EEC) No 4064/89 (1), as last amended by Regulation (EC) No
1310/97 (2), by which the Prudential
Insurance Company of America (Prudential), through Prudential
International Investments Corporation (Prudential Investments) and Banca Popolare di Bergamo-Credito
Varesino (BPB), acquire, within the meaning of Article 3(1)(b) of the Regulation, joint control of Finanz-
attiva SGR (Finanzattiva) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

(cid:151) Prudential: insurance, investment, and asset management services,

(cid:151) BPB: banking, asset management, capital markets, insurance, leasing, and other financial services,

(cid:151) Finanzattiva: asset management services in Italy.

3.
On preliminary examination, the Commission finds that the notified concentration could fall within
the scope of Regulation (EEC) No 4064/89. However, the final decision on this point is reserved. Pursuant
to the Commission Notice on a simplified procedure for treatment of certain concentrations under
Regulation (EEC) No 4064/89 (3), it should be noted that this case is a candidate for treatment under
the procedure set out in the notice.

The Commission invites interested third parties to submit

4.
proposed operation.

their possible observations on the

Observations must reach the Commission not later than 10 days following the date of this publication.
Observations can be sent by fax (No (32-2) 296 43 01 or 296 72 44) or by post, under reference
COMP/M.2561 (cid:151) Prudential/BPB, to:

European Commission,
Directorate-General for Competition,
Directorate B (cid:151) Merger Task Force,
Rue Joseph II/Jozef II-straat 70,
B-1000 Brussels.

(1) OJ L 395, 30.12.1989, p. 1; corrigendum: OJ L 257, 21.9.1990, p. 13.
(2) OJ L 180, 9.7.1997, p. 1; corrigendum: OJ L 40, 13.2.1998, p. 17.
(3) OJ C 217, 29.7.2000, p. 32.
Euro exchange rates
Date: 2001-10-10
Institutions: European Commission
Subjects: euro, exchange rate

10.10.2001

EN

Official Journal of the European Communities

C 284/1

I

(Information)

COMMISSION

Euro exchange rates (1)

9 October 2001

(2001/C 284/01)

1 euro

=

=

=

=

=

=

=

=

=

=

=

=

7,4352

Danish krone

9,6785

Swedish krona

0,6257

Pound sterling

0,9193

United States dollar

1,4335

Canadian dollar

110,61

Japanese yen

1,4814

Swiss franc

8,0235

Norwegian krone

94,09

Icelandic kr(cid:243)na (2)

1,8247

Australian dollar

2,2187

New Zealand dollar

8,5155

South African rand (2)

(1) Source: reference exchange rate published by the ECB.
(2) Source: Commission.
WRITTEN QUESTION P-2878/01 by Sir Robert Atkins (PPE-DE) to the Commission. Financial support to Sabena.
Date: 2001-10-10
Institutions: European Parliament, Provisional data
Subjects: Belgium, State aid, aid for restructuring, aid to undertakings, air transport, application of EU law, control of State aid

C 115 E/184

Official Journal of the European Communities

EN

16.5.2002

(2002/C 115 E/192)

WRITTEN QUESTION P-2878/01

by Sir Robert Atkins (PPE-DE) to the Commission

(10 October 2001)

Subject: Financial support to Sabena

Will
in
the Commission make a statement on any discussions held with the Belgian Government
connection with the subsidy given to Sabena Airlines? Does this financial support contravene EU statutes
on state aid and if so, what action will the Commission take as a matter of urgency?

Answer given by Mrs de Palacio on behalf of the Commission

(6 November 2001)

On 5 October 2001 the Belgian Government notified the Commission of its intention to grant a loan of
€ 125 million to Sabena as rescue aid, so as to enable the company to meet its existing cash flow
requirements for a period not exceeding three months. The Commission has examined this measure as a
matter of urgency, given the precarious position in which the company finds itself.

On 17 October 2001 the Commission decided to authorise the rescue aid on the grounds that, in this
instance, all the conditions laid down in the Guidelines on State aid for rescuing and restructuring firms in
difficulty (1) had been met.

Rescue aid is subject to strict rules. In order to be authorised, it must, among other things, comply with
the following five conditions:

6 take the form of loan guarantees or interest-bearing loans at market rates;

6 be limited to the amount strictly necessary to keep the firm in business (for example by covering wage

or salary costs or routine supplies);

6 be granted for a period not exceeding six months;

6 be warranted on the grounds of serious social difficulties and have no unduly adverse spillover effects

on other Member States;

6 be accompanied by an undertaking to restructure or liquidate the aid beneficiary, or to reimburse the

loans.

The aim of rescue aid is to permit the assisted firm to survive for a short period. This time must be used to
assess in detail the prospects for future viability of the economic activities under threat.

The Commission would stress that State aid to the restructuring of airlines is governed by guidelines laying
down very strict conditions, including the ‘one time, last time’ principle. The Commission will scrutinise
any proposal for the granting of aid to the restructuring of Sabena in the light of these conditions.

(1) OJ C 288, 9.10.1999.

(2002/C 115 E/193)

WRITTEN QUESTION P-2879/01

by Gerard Collins (UEN) to the Commission

(10 October 2001)

Subject: UK implementation of Directive 73/239

Is the Commission aware that a considerable number of Union citizens have suffered substantial loss by
being liable for a share of the losses that Lloyd’s of London has incurred in business written in the United
Non-opposition to a notified concentration (Case COMP/M.2503 — HBG/Ballast Nedam/Baggeren JV) (Text with EEA relevance)
Date: 2001-10-10
Institutions: European Commission
Subjects: economic concentration, merger control, restrictive-practice authorisation

10.10.2001

EN

Official Journal of the European Communities

C 284/21

Non-opposition to a notified concentration

(Case COMP/M.2476 (cid:151) Blue Circle/Michelin/JV)

(2001/C 284/05)

(Text with EEA relevance)

On 5 July 2001 the Commission decided not to oppose the above notified concentration and to declare it
compatible with the common market. This decision is based on Article 6(1)(b) of Council Regulation (EEC)
No 4064/89. The full text of the decision is only available in English and will be made public after it is
cleared of any business secrets it may contain. It will be available:

(cid:151) as a paper version through the sales offices of the Office for Official Publications of the European

Communities (see list on the last page),

(cid:151) in electronic form in the (cid:145)CEN(cid:146) version of the CELEX database, under document No 301M2476. CELEX

is the computerised documentation system of European Community law.

For more information concerning subscriptions please contact:

EUR-OP,
Information, Marketing and Public Relations,
2, rue Mercier,
L-2985 Luxembourg.
Tel. (352) 29 29 427 18, fax (352) 29 29 427 09.

Non-opposition to a notified concentration

(Case COMP/M.2503 (cid:151) HBG/Ballast Nedam/Baggeren JV)

(2001/C 284/06)

(Text with EEA relevance)

On 3 August 2001 the Commission decided not to oppose the above notified concentration and to declare
it compatible with the common market. This decision is based on Article 6(1)(b) of Council Regulation
(EEC) No 4064/89. The full text of the decision is only available in English and will be made public after it
is cleared of any business secrets it may contain. It will be available:

(cid:151) as a paper version through the sales offices of the Office for Official Publications of the European

Communities (see list on the last page),

(cid:151) in electronic form in the (cid:145)CEN(cid:146) version of the CELEX database, under document No 301M2503. CELEX

is the computerised documentation system of European Community law.

For more information concerning subscriptions please contact:

EUR-OP,
Information, Marketing and Public Relations,
2, rue Mercier,
L-2985 Luxembourg.
Tel. (352) 29 29 427 18, fax (352) 29 29 427 09.
Commission Regulation (EC) No 1985/2001 of 10 October 2001 determining the world market price for unginned cotton
Date: 2001-10-10
Institutions: European Commission
Subjects: cotton, world market price

L 270/24

EN

Official Journal of the European Communities

11.10.2001

COMMISSION REGULATION (EC) No 1985/2001

of 10 October 2001

determining the world market price for unginned cotton

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Protocol 4 on cotton, annexed to the Act of
Accession of Greece, as last amended by Council Regulation
(EC) No 1050/2001 (1),

Having regard to Council Regulation (EC) No 1051/2001 of 22
May 2001 on production aid for cotton (2), and in particular
Article 4 thereof,

Whereas:

(1)

(2)

In accordance with Article 4 of Regulation (EC) No
1051/2001, a world market price for unginned cotton is
to be determined periodically from the price for ginned
cotton recorded on the world market and by reference
to the historical relationship between the price recorded
for ginned cotton and that calculated for unginned
cotton. That historical relationship has been established
in Article 2(2) of Commission Regulation (EC) No 1591/
2001 of 2 August 2001 (3). Where the world market
price cannot be determined in this way, it is to be based
on the most recent price determined.

In accordance with Article 5 of Regulation (EC) No
1051/2001, the world market price for unginned cotton
is to be determined in respect of a product of specific
characteristics and by reference to the most favourable
offers and quotations on the world market among those

considered representative of the real market trend. To
that end, an average is to be calculated of offers and
quotations
recorded on one or more European
exchanges for a product delivered cif to a port in the
Community and coming from the various supplier coun-
tries considered the most representative in terms of
international
there is provision for
adjusting the criteria for determining the world market
price for ginned cotton to reflect differences justified by
the quality of the product delivered and the offers and
quotations concerned. Those adjustments are specified in
Article 3(2) of Regulation (EC) No 1591/2001.

trade. However,

(3)

The application of the above criteria gives the world
market price for unginned cotton determined herein-
after,

HAS ADOPTED THIS REGULATION:

Article 1

The world price for unginned cotton as referred to in Article 4
of Regulation (EC) No 1051/2001 is hereby determined as
equalling EUR 18,551/100 kg.

Article 2

This Regulation shall enter into force on 11 October 2001.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 10 October 2001.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 148, 1.6.2001, p. 1.
(2) OJ L 148, 1.6.2001, p. 3.
(3) OJ L 210, 3.8.2001, p. 10.
Commission Regulation (EC) No 1984/2001 of 10 October 2001 on the issue of import licences for high-quality fresh, chilled or frozen beef and veal
Date: 2001-10-10
Institutions: European Commission
Subjects: beef, fresh meat, frozen product, import licence, product quality, refrigerated product

11.10.2001

EN

Official Journal of the European Communities

L 270/23

COMMISSION REGULATION (EC) No 1984/2001

of 10 October 2001

on the issue of import licences for high-quality fresh, chilled or frozen beef and veal

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

(3)

Having regard to the Treaty establishing the European
Community,

Having regard to Commission Regulation (EC) No 936/97 of
27 May 1997 opening and providing for the administration of
tariff quotas for high-quality fresh, chilled and frozen beef and
for frozen buffalo meat (1), as last amended by Regulation (EC)
No 134/1999 (2),

Whereas:

(1)

(2)

Regulation (EC) No 936/97 provides in Articles 4 and 5
the conditions for applications and for the issue of
import licences for meat referred to in Article 2(f).

Article 2(f) of Regulation (EC) No 936/97 fixes the
amount of high-quality fresh, chilled or frozen beef and
veal originating in and imported from the United States
of America and Canada which may be imported on
special terms for the period 1 July 2001 to 30 June
2002 at 11 500 t.

It should be recalled that licences issued pursuant to this
Regulation will, throughout the period of validity, be
open for use only in so far as provisions on health
protection in force permit,

HAS ADOPTED THIS REGULATION:

Article 1

1.
All applications for import licences from 1 to 5 October
2001 for high-quality fresh, chilled or frozen beef and veal as
referred to in Article 2(f) of Regulation (EC) No 936/97 shall be
granted in full.

2.
Applications for licences may be submitted, in accord-
ance with Article 5 of Regulation (EC) No 936/97, during the
first five days of November 2001 for 4 408,667 t.

This Regulation shall enter into force on 11 October 2001.

Article 2

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 10 October 2001.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 137, 28.5.1997, p. 10.
(2) OJ L 17, 22.1.1999, p. 22.
Non-opposition to a notified concentration (Case COMP/M.2532 — Fiat/Italenergia/Montedison) (Text with EEA relevance)
Date: 2001-10-10
Institutions: European Commission
Subjects: economic concentration, merger control, restrictive-practice authorisation

C 284/22

EN

Official Journal of the European Communities

10.10.2001

Non-opposition to a notified concentration

(Case COMP/M.2532 (cid:151) Fiat/Italenergia/Montedison)

(2001/C 284/07)

(Text with EEA relevance)

On 28 August 2001 the Commission decided not to oppose the above notified concentration and to
declare it compatible with the common market. This decision is based on Article 6(1)(b) of Council
Regulation (EEC) No 4064/89. The full text of the decision is only available in Italian and will be made
public after it is cleared of any business secrets it may contain. It will be available:

(cid:151) as a paper version through the sales offices of the Office for Official Publications of the European

Communities (see list on the last page),

(cid:151) in electronic form in the (cid:145)CIT(cid:146) version of the CELEX database, under document No 301M2532. CELEX

is the computerised documentation system of European Community law.

For more information concerning subscriptions please contact:

EUR-OP,
Information, Marketing and Public Relations,
2, rue Mercier,
L-2985 Luxembourg.
Tel. (352) 29 29 427 18, fax (352) 29 29 427 09.
Non-opposition to a notified concentration (Case COMP/M.2476 — Blue Circle/Michelin/JV) (Text with EEA relevance)
Date: 2001-10-10
Institutions: European Commission
Subjects: economic concentration, merger control, restrictive-practice authorisation

10.10.2001

EN

Official Journal of the European Communities

C 284/21

Non-opposition to a notified concentration

(Case COMP/M.2476 (cid:151) Blue Circle/Michelin/JV)

(2001/C 284/05)

(Text with EEA relevance)

On 5 July 2001 the Commission decided not to oppose the above notified concentration and to declare it
compatible with the common market. This decision is based on Article 6(1)(b) of Council Regulation (EEC)
No 4064/89. The full text of the decision is only available in English and will be made public after it is
cleared of any business secrets it may contain. It will be available:

(cid:151) as a paper version through the sales offices of the Office for Official Publications of the European

Communities (see list on the last page),

(cid:151) in electronic form in the (cid:145)CEN(cid:146) version of the CELEX database, under document No 301M2476. CELEX

is the computerised documentation system of European Community law.

For more information concerning subscriptions please contact:

EUR-OP,
Information, Marketing and Public Relations,
2, rue Mercier,
L-2985 Luxembourg.
Tel. (352) 29 29 427 18, fax (352) 29 29 427 09.

Non-opposition to a notified concentration

(Case COMP/M.2503 (cid:151) HBG/Ballast Nedam/Baggeren JV)

(2001/C 284/06)

(Text with EEA relevance)

On 3 August 2001 the Commission decided not to oppose the above notified concentration and to declare
it compatible with the common market. This decision is based on Article 6(1)(b) of Council Regulation
(EEC) No 4064/89. The full text of the decision is only available in English and will be made public after it
is cleared of any business secrets it may contain. It will be available:

(cid:151) as a paper version through the sales offices of the Office for Official Publications of the European

Communities (see list on the last page),

(cid:151) in electronic form in the (cid:145)CEN(cid:146) version of the CELEX database, under document No 301M2503. CELEX

is the computerised documentation system of European Community law.

For more information concerning subscriptions please contact:

EUR-OP,
Information, Marketing and Public Relations,
2, rue Mercier,
L-2985 Luxembourg.
Tel. (352) 29 29 427 18, fax (352) 29 29 427 09.
Commission Regulation (EC) No 1983/2001 of 10 October 2001 on the issue of system B export licences in the fruit and vegetables sector
Date: 2001-10-10
Institutions: European Commission
Subjects: export licence, grape

L 270/22

EN

Official Journal of the European Communities

11.10.2001

COMMISSION REGULATION (EC) No 1983/2001

of 10 October 2001

on the issue of system B export licences in the fruit and vegetables sector

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

(3)

Having regard to Commission Regulation (EC) No 2190/96 of
14 November 1996 on detailed rules for implementing Council
Regulation (EC) No 2200/96 as regards export refunds on fruit
and vegetables (1), as last amended by Regulation (EC) No
298/2000 (2), and in particular Article 5(5) thereof,

Whereas:

proper working of the export refund scheme in the fruit
and vegetables sector.

system B
situation, applications
To avoid this
licences for table grapes exported after 10 October 2001
should be rejected until the end of the current export
period,

for

HAS ADOPTED THIS REGULATION:

Article 1

(1)

(2)

Commission Regulation (EC) No 1705/2001 (3) fixes the
indicative quantities for system B export licences other
than those sought in the context of food aid.

In the light of the information available to the Commis-
sion today, there is a risk that the indicative quantities
laid down for the current export period for table grapes
will shortly be exceeded. This overrun will prejudice the

licences for table grapes
Applications for system B export
submitted pursuant to Article 1 of Regulation (EC) No 1705/
2001, export declarations for which are accepted after 10
October 2001 and before 16 November 2001, are hereby
rejected.

This Regulation shall enter into force on 11 October 2001.

Article 2

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 10 October 2001.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 292, 15.11.1996, p. 12.
(2) OJ L 34, 9.2.2000, p. 16.
(3) OJ L 232, 30.8.2001, p. 10.
Commission Regulation (EC) No 1976/2001 of 10 October 2001 establishing the standard import values for determining the entry price of certain fruit and vegetables
Date: 2001-10-10
Institutions: European Commission
Subjects: agri-monetary policy, citrus fruit, fruit vegetable, grape, import price, pip fruit

11.10.2001

EN

Official Journal of the European Communities

L 270/1

I

(Acts whose publication is obligatory)

COMMISSION REGULATION (EC) No 1976/2001

of 10 October 2001

establishing the standard import values for determining the entry price of certain fruit and
vegetables

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

(2)

Having regard to the Treaty establishing the European
Community,

In compliance with the above criteria,
the standard
import values must be fixed at the levels set out in the
Annex to this Regulation,

Having regard to Commission Regulation (EC) No 3223/94 of
21 December 1994 on detailed rules for the application of the
last
import arrangements
amended by Regulation (EC) No 1498/98 (2), and in particular
Article 4(1) thereof,

fruit and vegetables (1), as

for

HAS ADOPTED THIS REGULATION:

Article 1

Whereas:

(1)

Regulation (EC) No 3223/94 lays down, pursuant to the
outcome of the Uruguay Round multilateral trade nego-
tiations, the criteria whereby the Commission fixes the
standard values for imports from third countries,
in
respect of the products and periods stipulated in the
Annex thereto.

The standard import values referred to in Article 4 of Regula-
tion (EC) No 3223/94 shall be fixed as indicated in the Annex
hereto.

Article 2

This Regulation shall enter into force on 11 October 2001.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 10 October 2001.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 337, 24.12.1994, p. 66.
(2) OJ L 198, 15.7.1998, p. 4.

L 270/2

EN

Official Journal of the European Communities

11.10.2001

to the Commission Regulation of 10 October 2001 establishing the standard import values for determining the
entry price of certain fruit and vegetables

ANNEX

CN code

0702 00 00

0707 00 05

0709 90 70

0805 30 10

0806 10 10

0808 10 20, 0808 10 50, 0808 10 90

0808 20 50

Third country
code (1)

Standard import
value

(EUR/100 kg)

052
999
052
999
052
999
052
388
512
524
528
999
052
064
388
400
512
624
999
060
388
400
512
800
804
999
052
999

113,9
113,9
108,1
108,1
95,3
95,3
68,7
65,4
46,9
51,7
50,3
56,6
84,4
89,2
113,3
191,0
76,0
111,6
110,9
39,0
75,9
59,3
92,2
171,5
94,5
88,7
110,9
110,9

(1) Country nomenclature as fixed by Commission Regulation (EC) No 2032/2000 (OJ L 243, 28.9.2000, p. 14). Code ‘999’ stands for ‘of

other origin’.