Prior notification of a concentration (Case COMP/M.6356 — GE/IR/UEC/JV) — Candidate case for simplified procedure Text with EEA relevance
Date: 2011-10-08
Institutions: European Commission
Subjects: economic concentration, electric machinery, energy distribution, energy production, merger control, renewable energy








C_2011297EN.01000801.xml










8.10.2011   


EN


Official Journal of the European Union


C 297/8





Prior notification of a concentration
(Case COMP/M.6356 — GE/IR/UEC/JV)
Candidate case for simplified procedure
(Text with EEA relevance)
2011/C 297/05






1.


On 30 September 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which General Electric Company (‘GE’, USA), INTER RAO UES (‘IR’, Russian Federation), and United Engine Corporation (‘UEC’, Russian Federation) acquire within the meaning of Article 3(1)(b) of the Merger Regulation indirect joint control of a newly created joint venture (JV, Russian Federation), by way of a purchase of shares.










2.


The business activities of the undertakings concerned are:






—


for the joint venture: manufacturing, marketing and selling heavy duty gas turbine generator units, primarily in the Russian Federation,










—


for GE: a global diversified manufacturing, technology and services company. GE Energy, the relevant GE business unit involved in the proposed concentration, supplies power generation and energy delivery technologies in a number of areas in the energy industry including coal, oil, natural gas and nuclear energy, as well as with renewable resources such as water, wind, solar and alternative fuels,










—


for IR: producing, selling and trading electric energy in the Russian Federation and its surrounding countries,










—


for UEC: producing engines for military and civil aviation, equipment of various strengths for generating electric and heat energy, gas pumping systems and marine gas turbine units.














3.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.










4.


The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6356 — GE/IR/UEC/JV, to the following address:





European Commission




Directorate-General for Competition




Merger Registry




J-70




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










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

(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).