CELEX: 32012M6479
Language: en
Date: 2012-04-11 00:00:00
Title: Commission Decision of 11/04/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6479 - MNV / RABA) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32012M6479

Commission Decision of 11/04/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6479 - MNV / RABA) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION     |
             Brussels, 11.04.2012
             C(2012) 2468 
              PUBLIC VERSION
                     
             SIMPLIFIED MERGER PROCEDURE
             |To the notifying party: |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6479 - MNV / RÁBA  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 9 March 2012, the European Commission received a notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 by which the undertaking Magyar Nemzeti Vagyonkezelő ZRT (‘MNV’, Hungary) controlled by the Hungarian state acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking Rába Járműipari Holding NYRT (‘Rába’, Hungary) by way of public bid announced on 7 November 2011. 
              The business activities of the undertakings concerned are:
             - MNV: holding, management and utilization of the assets owned by the Hungarian state,
             - Rába: production of motor vehicle components and military trucks. [2]  
            2.  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) ii of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004. [3]  
            3.  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 application of Article 6(1)(b) of the Merger Regulation.
             For the Commission
             (signed) Alexander ITALIANER Director General
            [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]  Publication in the Official Journal of the European Union No C 79, 17.3.2012, p. 21.
            [3] OJ C 56, 5.3.2005, p. 32.