CELEX: 32001M2527
Language: en
Date: 2001-09-21 00:00:00
Title: COMMISSION DECISION of 21/09/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2527 - TELENOR EAST/ECO TELECOM/VIMPEL-COMMUNICATIONS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32001M2527

COMMISSION DECISION of 21/09/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2527 - TELENOR EAST/ECO TELECOM/VIMPEL-COMMUNICATIONS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 298 , 24/10/2001 P. 0011 - 0011

COMMISSION DECISION of 21/09/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2527 - TELENOR EAST/ECO TELECOM/VIMPEL-COMMUNICATIONS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)Brussels, 21-09-2001SG (2001) D/291537&gt;REFERENCE TO A GRAPHIC&gt;PUBLIC VERSIONTo the notifying partiesDear Madam/Sirs,Subject: Case No. COMP/M.2527 - Telenor East/Eco Telecom/Vimpel-Communications Notification of 24 August 2001 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1]; publication in the Official Journal of the European Communities No. C 243, 31.8.2001, p. 7.[1]   OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.1. On 24 August 2001, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the Gibraltar-based undertaking Eco Telecom Limited ("Eco Telecom"), belonging to the Russian Alfa Group of Companies ("Alfa Group"), and the Norwegian undertaking Telenor East Invest AS ("Telenor East"), controlled by the Norwegian Telenor ASA ("Telenor"), acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the Russian Open Joint Stock Company "Vimpel-Communications" ("Vimpel-Communications") by way of purchase of assets.2. The business activities of the undertakings concerned are: - for Eco Telecom: holding company for Russian telecommunications  companies - for Alfa Group: financial services, commodity trading, food processing - for Telenor East: shareholder of Vimpel-Communications - for Telenor: telecommunications services - for Vimpel-Communications: telecommunications services3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraphs a and b, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].[2]   OJ C 217, 29.07.2000, p. 32.4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.    For the Commission           Mario MONTI Member of the Commission