ISSN 1977-091X
doi:10.3000/1977091X.C_2011.294.eng
Official Journal
of the European Union
C 294
English edition
Information and Notices
Volume 54
6 October 2011
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ISSN 1977-091X doi:10.3000/1977091X.C_2011.294.eng |
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Official Journal of the European Union |
C 294 |
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English edition |
Information and Notices |
Volume 54 |
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Notice No |
Contents |
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II Information |
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INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES |
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European Commission |
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2011/C 294/01 |
Non-opposition to a notified concentration (Case COMP/M.6337 — Citic Dicastal Wheel Manufacturing/KSM Castings) ( 1 ) |
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2011/C 294/02 |
Non-opposition to a notified concentration (Case COMP/M.6384 — Zurich/Santander/ZS Insurance) ( 1 ) |
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2011/C 294/03 |
Non-opposition to a notified concentration (Case COMP/M.6351 — Ilva/Taranto Energia) ( 1 ) |
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2011/C 294/04 |
Non-opposition to a notified concentration (Case COMP/M.6093 — BASF/INEOS/Styrene/JV) ( 1 ) |
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2011/C 294/05 |
Authorisation for State aid pursuant to Articles 107 and 108 of the TFEU — Cases where the Commission raises no objections ( 1 ) |
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IV Notices |
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NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES |
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European Commission |
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2011/C 294/06 |
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V Announcements |
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COURT PROCEEDINGS |
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EFTA Court |
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2011/C 294/07 |
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2011/C 294/08 |
Action brought on 21 July 2011 by the EFTA Surveillance Authority against Norway (Case E-9/11) |
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PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY |
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European Commission |
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2011/C 294/09 |
Prior notification of a concentration (Case COMP/M.6355 — Axel Springer France/Mondadori France/AR Technology) — Candidate case for simplified procedure ( 1 ) |
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(1) Text with EEA relevance |
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EN |
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II Information
INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES
European Commission
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6.10.2011 |
EN |
Official Journal of the European Union |
C 294/1 |
Non-opposition to a notified concentration
(Case COMP/M.6337 — Citic Dicastal Wheel Manufacturing/KSM Castings)
(Text with EEA relevance)
2011/C 294/01
On 28 September 2011, the Commission decided not to oppose the above notified concentration and to declare it compatible with the common market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004. The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:
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in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes, |
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in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/en/index.htm) under document number 32011M6337. EUR-Lex is the on-line access to the European law. |
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6.10.2011 |
EN |
Official Journal of the European Union |
C 294/1 |
Non-opposition to a notified concentration
(Case COMP/M.6384 — Zurich/Santander/ZS Insurance)
(Text with EEA relevance)
2011/C 294/02
On 29 September 2011, the Commission decided not to oppose the above notified concentration and to declare it compatible with the common market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004. The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:
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in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes, |
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in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/en/index.htm) under document number 32011M6384. EUR-Lex is the on-line access to the European law. |
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6.10.2011 |
EN |
Official Journal of the European Union |
C 294/2 |
Non-opposition to a notified concentration
(Case COMP/M.6351 — Ilva/Taranto Energia)
(Text with EEA relevance)
2011/C 294/03
On 29 September 2011, the Commission decided not to oppose the above notified concentration and to declare it compatible with the common market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004. The full text of the decision is available only in Italian language and will be made public after it is cleared of any business secrets it may contain. It will be available:
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in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes, |
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in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/en/index.htm) under document number 32011M6351. EUR-Lex is the on-line access to the European law. |
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6.10.2011 |
EN |
Official Journal of the European Union |
C 294/2 |
Non-opposition to a notified concentration
(Case COMP/M.6093 — BASF/INEOS/Styrene/JV)
(Text with EEA relevance)
2011/C 294/04
On 1 June 2011, the Commission decided not to oppose the above notified concentration and to declare it compatible with the common market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004. The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:
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in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes, |
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in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/en/index.htm) under document number 32011M6093. EUR-Lex is the on-line access to the European law. |
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6.10.2011 |
EN |
Official Journal of the European Union |
C 294/3 |
Authorisation for State aid pursuant to Articles 107 and 108 of the TFEU
Cases where the Commission raises no objections
(Text with EEA relevance)
2011/C 294/05
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Date of adoption of the decision |
29.9.2010 |
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Reference number of State Aid |
N 4/10 |
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Member State |
Spain |
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Region |
Andalucía |
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Title (and/or name of the beneficiary) |
Alestis Aerospace S.L. |
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Legal basis |
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Type of measure |
Individual aid |
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Objective |
Research and development |
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Form of aid |
Soft loan |
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Budget |
Overall budget: EUR 42,41 million |
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Intensity |
24 % |
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Duration (period) |
Until 31.12.2013 |
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Economic sectors |
Manufacturing industry |
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Name and address of the granting authority |
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Other information |
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The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:
http://ec.europa.eu/community_law/state_aids/state_aids_texts_en.htm
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Date of adoption of the decision |
29.9.2010 |
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Reference number of State Aid |
N 7/10 |
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Member State |
Spain |
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Region |
Andalucía |
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Title (and/or name of the beneficiary) |
Alestis Aerospace S.L. |
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Legal basis |
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Type of measure |
Individual aid |
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Objective |
Research and development |
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Form of aid |
Soft loan |
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Budget |
Overall budget: EUR 83,83 million |
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Intensity |
24 % |
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Duration (period) |
Until 31.12.2013 |
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Economic sectors |
Manufacturing industry |
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Name and address of the granting authority |
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Other information |
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The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:
http://ec.europa.eu/community_law/state_aids/state_aids_texts_en.htm
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Date of adoption of the decision |
29.6.2011 |
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Reference number of State Aid |
N 175/10 |
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Member State |
Slovenia |
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Region |
Zasavska |
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Title (and/or name of the beneficiary) |
Pomoč za kritje izrednih stroškov RTH Rudnika Trbovlje-Hrastnik d.o.o |
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Legal basis |
Zakon o postopnem zapiranju Rudnika Trbovlje-Hrastnik in razvojnem prestrukturiranju regije (uradno prečiščeno besedilo) (Ur.l. RS št. 22/05) Predlog sprememb in dopolnitev Zakona o postopnem zapiranju Rudnika Trbovlje-Hrastnik in razvojnem prestrukturiranju regije |
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Type of measure |
Individual aid |
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Objective |
Closure aid |
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Form of aid |
Direct grant |
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Budget |
Overall budget: EUR 89,9 million |
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Intensity |
100 % |
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Duration (period) |
Until 31.12.2015 |
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Economic sectors |
Mining and quarrying |
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Name and address of the granting authority |
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Other information |
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The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:
http://ec.europa.eu/community_law/state_aids/state_aids_texts_en.htm
IV Notices
NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES
European Commission
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6.10.2011 |
EN |
Official Journal of the European Union |
C 294/6 |
Euro exchange rates (1)
5 October 2011
2011/C 294/06
1 euro =
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Currency |
Exchange rate |
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USD |
US dollar |
1,3337 |
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JPY |
Japanese yen |
102,25 |
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DKK |
Danish krone |
7,4434 |
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GBP |
Pound sterling |
0,86300 |
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SEK |
Swedish krona |
9,1190 |
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CHF |
Swiss franc |
1,2265 |
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ISK |
Iceland króna |
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NOK |
Norwegian krone |
7,8105 |
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BGN |
Bulgarian lev |
1,9558 |
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CZK |
Czech koruna |
24,811 |
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HUF |
Hungarian forint |
298,84 |
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LTL |
Lithuanian litas |
3,4528 |
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LVL |
Latvian lats |
0,7087 |
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PLN |
Polish zloty |
4,3953 |
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RON |
Romanian leu |
4,3145 |
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TRY |
Turkish lira |
2,4980 |
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AUD |
Australian dollar |
1,3913 |
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CAD |
Canadian dollar |
1,4025 |
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HKD |
Hong Kong dollar |
10,3797 |
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NZD |
New Zealand dollar |
1,7536 |
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SGD |
Singapore dollar |
1,7389 |
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KRW |
South Korean won |
1 585,87 |
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ZAR |
South African rand |
10,8014 |
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CNY |
Chinese yuan renminbi |
8,5037 |
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HRK |
Croatian kuna |
7,5110 |
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IDR |
Indonesian rupiah |
11 883,71 |
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MYR |
Malaysian ringgit |
4,2492 |
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PHP |
Philippine peso |
58,499 |
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RUB |
Russian rouble |
43,5025 |
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THB |
Thai baht |
41,585 |
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BRL |
Brazilian real |
2,4769 |
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MXN |
Mexican peso |
18,3168 |
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INR |
Indian rupee |
65,8180 |
(1) Source: reference exchange rate published by the ECB.
V Announcements
COURT PROCEEDINGS
EFTA Court
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6.10.2011 |
EN |
Official Journal of the European Union |
C 294/7 |
JUDGMENT OF THE COURT
of 10 May 2011
in Joined Cases E-4/10, E-6/10 and E-7/10
Principality of Liechtenstein, Reassur Aktiengesellschaft and Swisscom RE Aktiengesellschaft v EFTA Surveillance Authority
(Action for annulment of a decision of the EFTA Surveillance Authority — State aid — Special tax rules applicable to captive insurance companies — Notion of undertaking — Selectivity — Existing aid and new aid — Distortion of competition and effect on trade — Recovery — Legitimate expectations — Legal certainty — Obligation to state reasons)
2011/C 294/07
In Joined Cases E-4/10, E-6/10 and E-7/10, Principality of Liechtenstein, Reassur Aktiengesellschaft and Swisscom RE Aktiengesellschaft v EFTA Surveillance Authority — APPLICATION for the annulment of Decision 97/10/COL of 24 March 2010 regarding the taxation of captive insurance companies under the Liechtenstein Tax Act, the Court, composed of Carl Baudenbacher, President, Thorgeir Örlygsson (Judge-Rapporteur) and Per Christiansen, Judges, gave judgment on 10 May 2011, the operative part of which is as follows:
The Court hereby:
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Dismisses the applications. |
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2. |
Orders the applicants to pay the costs of the proceedings. |
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6.10.2011 |
EN |
Official Journal of the European Union |
C 294/8 |
Action brought on 21 July 2011 by the EFTA Surveillance Authority against Norway
(Case E-9/11)
2011/C 294/08
An action against Norway was brought before the EFTA Court on 21 July 2011 by the EFTA Surveillance Authority, represented by Xavier Lewis, Florence Simonetti Gjermund Mathisen, acting as Agents of the EFTA Surveillance Authority, 35, Rue Belliard, 1040 Brussels, Belgium.
The EFTA Surveillance Authority requests the EFTA Court to declare that:
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By maintaining in force such restrictions on the rights of persons and undertakings established in EEA States to own holdings and exercise voting rights in regulated markets in Norway as provided for in Sections 35(1), (2) and (3) and 36 of the Act of 29 June 2007 No 74 on Regulated Markets (the Stock Exchange Act) and Sections 5-3(1), (2) and (3) and 5-4 of the Act of 5 July 2002 on Registration of Financial Instruments (the Securities Depositories Act), the Kingdom of Norway has failed to fulfil its obligations arising from Articles 31 and 40 EEA. |
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2. |
The Kingdom of Norway bear the costs of the proceedings. |
Legal and factual background and pleas in law adduced in support:
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Norwegian legislation restricts ownership of and voting rights in financial services infrastructure institutions. As a main rule, the Stock Exchange Act prohibits the holding of more than 20 % of the shares in stock exchanges, as well as the voting for more than 20 % of the total voting capital or 30 % of the votes represented at the general meeting. Corresponding rules with respect to securities depositories are laid down in the Securities Depositories Act. |
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The EFTA Surveillance Authority submits that the contested legislation is incompatible both with the freedom of establishment under Article 31 EEA and with the freedom movement of capital under Article 40 EEA. |
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The EFTA Surveillance Authority submits in particular that the contested legislation is unnecessary to promote the well-functioning and efficiency of the financial markets and to inspire confidence among market operators in the independence and impartiality of the institutions. It argues that alternative, less restrictive measures are available that would be sufficiently effective. |
PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY
European Commission
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6.10.2011 |
EN |
Official Journal of the European Union |
C 294/9 |
Prior notification of a concentration
(Case COMP/M.6355 — Axel Springer France/Mondadori France/AR Technology)
Candidate case for simplified procedure
(Text with EEA relevance)
2011/C 294/09
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1. |
On 26 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 the undertakings Axel Springer France SAS (‘Axel Springer France’, France) controlled by Axel Springer AG (Germany) and Mondadori France SAS (‘Mondadori France’, France) ultimately controlled by Fininvest Finanziara d’Investimento SpA (Italy) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking AR Technology SAS (‘AR Technology’, France) by way of purchase of shares. |
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2. |
The business activities of the undertakings concerned are:
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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. |
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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.6355 — Axel Springer France/Mondadori France/AR Technology, to the following address:
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(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’).