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Case number: |
Vj-101/2008 |
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Type of case: |
Concentration |
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Undertaking(s) concerned: |
Zakrutoe Akcionernoe Obshhestvo Transportno-Tekhnologicheskoe Mashinosctroenie (TTM), Ganz Gépgyár Holding and Ganz Engineering Environmental (Ganz EK). |
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Short description: |
On 24 July 2008 the undertakings made a preliminary agreement on a transaction of several phases that would result in the Russian TTM acquiring a 51 % stake of Ganz Gépgyár Holding (100 % owner of Ganz EK) in Ganz EK. |
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Decision: |
The Hungarian Competition Authority (GVH) authorised the joint acquisition of control by Zakrutoe Akcionernoe Obshhestvo Transportno-Tekhnologicheskoe Mashinosctroenie (TTM) and Ganz Gépgyár Holding over Ganz Engineering Environmental (Ganz EK). |
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Date: |
Budapest, 2 October 2008 |
2008. Oct. 21.