CELEX: 32001M2290
Language: en
Date: 2001-02-22 00:00:00
Title: COMMISSION DECISION of 22/02/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2290 - SFK99-RAHASTO/FORTUM/NAPS SYSTEMS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32001M2290

COMMISSION DECISION of 22/02/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2290 - SFK99-RAHASTO/FORTUM/NAPS SYSTEMS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 180 , 26/06/2001 P. 0015 - 0015

COMMISSION DECISION of 22/02/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2290 - SFK99-RAHASTO/FORTUM/NAPS SYSTEMS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)Brussels, 22.02.2001   To the notifying partiesDear Sirs,Subject: Case No. COMP/M.2290 - SFK99-RAHASTO / FORTUM / NAPS SYSTEMS  Notification of 24.1.2001 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1][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.  Publication in the Official Journal of the European Communities No. C 35, 02.02.2001, page 3. 1. On 24.1.2001, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking SFK 99-Rahasto Ky/3I Finland Oy, belonging to the 3i Group plc ("3I Group"), United Kingdom, acquires within the meaning of Article 3(1)(b) of the Council Regulation joint control of NAPS Systems Oy ("NAPS Systems"), Finland, currently a subsidiary of Fortum Power and Heat Oy ("Fortum"), belonging to Fortum Oyj, Finland, by way of purchase of shares. The business activities of the undertakings concerned are: For 3i Group: venture capital company For Fortum: generation, sales and transmission of power and heatFor Naps Systems: manufacture, development and marketing of solar electricity systems and photovoltaic (PV) power systems and their components 2. 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, subparagraph 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. 32.3. To the extent that restrictions specified by the parties are directly related and necessary to the implementation of the concentration, these restrictions are covered pursuant to Article 6(1)(b), second subparagraph, of Council Regulation (EEC) No. 4064/89.4. 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,