ISSN 1977-091X
Official Journal
of the European Union
C 202
English edition
Information and Notices
Volume 65
19 May 2022
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ISSN 1977-091X |
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Official Journal of the European Union |
C 202 |
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English edition |
Information and Notices |
Volume 65 |
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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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2022/C 202/01 |
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IV Notices |
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NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES |
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Council |
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2022/C 202/02 |
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European Commission |
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2022/C 202/03 |
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NOTICES CONCERNING THE EUROPEAN ECONOMIC AREA |
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EFTA Surveillance Authority |
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2022/C 202/04 |
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2022/C 202/05 |
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2022/C 202/06 |
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2022/C 202/07 |
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2022/C 202/08 |
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2022/C 202/09 |
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2022/C 202/10 |
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2022/C 202/11 |
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2022/C 202/12 |
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2022/C 202/13 |
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2022/C 202/14 |
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V Announcements |
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PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY |
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European Commission |
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2022/C 202/15 |
Prior notification of a concentration (Case M.10705 – BLACKSTONE / CARLYLE / GOLDMAN SACHS / PRIMA) – 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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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/1 |
Commission notice concerning the application of the transitional rules of origin providing for diagonal cumulation between the applying Contracting Parties (1) in the pan-Euro-Mediterranean (PEM) zone
(2022/C 202/01)
For the purpose of the application of diagonal cumulation of origin among the applying Contracting Parties, the applying Contracting Parties concerned notify each other, through the European Commission, of the origin rules in force with the other applying Contracting Parties.
It is recalled that diagonal cumulation (of working, processing and/or materials) can only be applied if the applying Contracting Parties of final manufacture and of final destination have concluded free trade agreements, containing identical rules of origin, with all the applying Contracting Parties participating in the acquisition of originating status.
Products originating in an applying Contracting Party which has not concluded an agreement with the applying Contracting Parties of final manufacture and/or of final destination shall be treated as non-originating.
Based on the notifications made by the applying Contracting Parties to the European Commission, the tables attached specify:
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Table 1 – a simplified overview of cumulation possibilities on 1 April 2022. |
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Table 2 – the date from which diagonal cumulation becomes applicable. |
In Table 1, an ‘X’ marks the existence between 2 partners of a free trade agreement containing rules of origin allowing cumulation based on the transitional rules of origin. To use diagonal cumulation with a third partner, an ‘X’ should be present in all the intersection of the table between the 3 partners.
In Table 2, the dates mentioned refer to the date of application of diagonal cumulation on the basis of Article 8 of Appendix A to each protocol on rules of origin between the applying Contracting Parties. In that case the date is preceded by ‘(T)’.
A list of applying Contracting Parties having opted to extend the application of Article 7(3) of the transitional rules provided by Appendix A to the bilateral protocols on rules of origin on importation of products falling within Chapters 50 to 63 unilaterally is contained in Annex I
The codes for the applying Contracting Parties listed in the tables are given here below.
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EU |
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IS |
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CH (+ LI) |
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NO |
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FO |
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JO |
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PS |
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AL |
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MK |
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RS |
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ME |
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GE |
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MD |
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This notice replaces notice 2022/C 31/01 (OJ C 31, 21.1.2022, p. 1).
Table 1
Simplified overview of diagonal cumulation possibilities under the transitional rules of origin in the pan-Euro-Med zone on 1 April 2022
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EU |
CH (+LI) |
IS |
NO |
FO |
JO |
PS |
AL |
MK |
RS |
ME |
GE |
MD |
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EU |
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X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
X |
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CH (+LI) |
X |
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X |
X |
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X |
X |
X |
X |
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IS |
X |
X |
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X |
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X |
X |
X |
X |
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NO |
X |
X |
X |
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X |
X |
X |
X |
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FO |
X |
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JO |
X |
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PS |
X |
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AL |
X |
X |
X |
X |
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MK |
X |
X |
X |
X |
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RS |
X |
X |
X |
X |
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ME |
X |
X |
X |
X |
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GE |
X |
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MD |
X |
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Table 2
Date of application of transitional rules of origin providing for diagonal cumulation in the pan-Euro-Med zone
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EU |
CH (+LI) |
IS |
NO |
FO |
JO |
PS |
AL |
MK |
RS |
ME |
GE |
MD |
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EU |
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(T) 1.9.2021 |
(T) 1.9.2021 |
(T) 1.9.2021 |
(T) 1.9.2021 |
(T) 1.9.2021 |
(T) 1.9.2021 |
(T) 1.9.2021 |
(T) 9.9.2021 |
(T) 6.12.2021 |
(T) 9.2.2022 |
(T) 1.9.2021 |
(T) 16.11.2021 |
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CH (+LI) |
(T) 1.9.2021 |
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(T) 1.11.2021 |
(T) 1.11.2021 |
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(T) 1.1.2022 |
(T) 1.4.2022 |
(T) 1.1.2022 |
(T) 1.4.2022 |
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IS |
(T) 1.9.2021 |
(T) 1.11.2021 |
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(T) 1.11.2021 |
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(T) 1.1.2022 |
(T) 1.4.2022 |
(T) 1.1.2022 |
(T) 1.4.2022 |
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NO |
(T) 1.9.2021 |
(T) 1.11.2021 |
(T) 1.11.2021 |
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(T) 1.1.2022 |
(T) 1.4.2022 |
(T) 1.1.2022 |
(T) 1.4.2022 |
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FO |
(T) 1.9.2021 |
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JO |
(T) 1.9.2021 |
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PS |
(T) 1.9.2021 |
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AL |
(T) 1.9.2021 |
(T) 1.1.2022 |
(T) 1.1.2022 |
(T) 1.1.2022 |
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MK |
(T) 9.9.2021 |
(T) 1.4.2022 |
(T) 1.4.2022 |
(T) 1.4.2022 |
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RS |
(T) 6.12.2021 |
(T) 1.1.2022 |
(T) 1.1.2022 |
(T) 1.1.2022 |
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ME |
(T) 9.2.2022 |
(T) 1.4.2022 |
(T) 1.4.2022 |
(T) 1.4.2022 |
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GE |
(T) 1.9.2021 |
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MD |
(T) 16.11.2021 |
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(1) ’applying Contracting Party’ means a Contracting Party to the PEM Convention that incorporates the PEM transitional rules of origin in its bilateral preferential trade agreements with another Contracting Party to the PEM Convention
(2) Switzerland and the Principality of Liechtenstein form a customs union.
(3) This designation shall not be construed as recognition of a State of Palestine and is without prejudice to the individual positions of the Member States on this issue
ANNEX I
List of applying Contracting Parties having opted to extend the application of Article 7(3)
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Switzerland (Liechtenstein) |
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Norway |
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Iceland |
IV Notices
NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES
Council
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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/5 |
COUNCIL DECISION
of 16 May 2022
adopting the Council’s position on draft amending budget No 3 of the European Union for the financial year 2022
(2022/C 202/02)
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 314 thereof, in conjunction with the Treaty establishing the European Atomic Energy Community, and in particular Article 106a thereof,
Having regard to Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012 (1), and in particular Article 44 thereof,
Whereas:
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the Union’s budget for the financial year 2022 was definitively adopted on 24 November 2021 (2); |
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on 22 April 2022, the Commission submitted a proposal containing draft amending budget No 3 to the general budget for the financial year 2022; |
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the Council needs to proceed without delay with the adoption of its position on draft amending budget No 3 to the general budget for 2022, which would contribute to the financing, in the Member States, of the first reception and registration costs of people fleeing Ukraine as a consequence of the Russian aggression against Ukraine. It is therefore justified to provide for an exception to the eight-week period referred to in Article 4 of Protocol No 1 on the role of national Parliaments in the European Union, annexed to the Treaty on European Union, to the Treaty on the Functioning of the European Union and to the Treaty establishing the European Atomic Energy Community. |
HAS DECIDED AS FOLLOWS:
Sole Article
The Council’s position on draft amending budget No 3 of the European Union for the financial year 2022 was adopted on 16 May 2022.
The full text is available for consultation or download on the Council’s Internet: https://www.consilium.europa.eu/.
Done at Brussels, 16 May 2022.
For the Council
The President
J. BORRELL FONTELLES
European Commission
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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/7 |
Euro exchange rates (1)
18 May 2022
(2022/C 202/03)
1 euro =
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Currency |
Exchange rate |
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USD |
US dollar |
1,0523 |
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JPY |
Japanese yen |
135,76 |
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DKK |
Danish krone |
7,4419 |
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GBP |
Pound sterling |
0,84670 |
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SEK |
Swedish krona |
10,4675 |
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CHF |
Swiss franc |
1,0486 |
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ISK |
Iceland króna |
138,90 |
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NOK |
Norwegian krone |
10,2125 |
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BGN |
Bulgarian lev |
1,9558 |
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CZK |
Czech koruna |
24,647 |
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HUF |
Hungarian forint |
382,88 |
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PLN |
Polish zloty |
4,6443 |
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RON |
Romanian leu |
4,9473 |
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TRY |
Turkish lira |
16,7811 |
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AUD |
Australian dollar |
1,4980 |
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CAD |
Canadian dollar |
1,3488 |
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HKD |
Hong Kong dollar |
8,2591 |
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NZD |
New Zealand dollar |
1,6548 |
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SGD |
Singapore dollar |
1,4598 |
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KRW |
South Korean won |
1 332,76 |
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ZAR |
South African rand |
16,7313 |
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CNY |
Chinese yuan renminbi |
7,0972 |
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HRK |
Croatian kuna |
7,5350 |
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IDR |
Indonesian rupiah |
15 446,00 |
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MYR |
Malaysian ringgit |
4,6254 |
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PHP |
Philippine peso |
55,077 |
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RUB |
Russian rouble |
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THB |
Thai baht |
36,399 |
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BRL |
Brazilian real |
5,1974 |
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MXN |
Mexican peso |
20,9204 |
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INR |
Indian rupee |
81,6455 |
(1) Source: reference exchange rate published by the ECB.
NOTICES CONCERNING THE EUROPEAN ECONOMIC AREA
EFTA Surveillance Authority
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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/8 |
State aid – Decision to raise no objections
(2022/C 202/04)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
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Date of adoption of the decision |
25 January 2022 |
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Case No |
88028 |
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Decision No |
012/22/COL |
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EFTA State |
Iceland |
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Title |
COVID-19 Tax deferrals scheme for undertakings operating a restaurant |
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Legal basis |
Act No 2/2022 amending the Act on withholding of tax on public duties No 45/1987 and the Act on Social Security Contributions No 113/1990 |
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Type of measure |
Scheme |
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Objective |
To compensate those undertakings that operate restaurants with a license to serve alcoholic beverages that have been subject to restrictions in opening hours, due to the measures taken by the Government as a response to the spreading of the COVID-19 outbreak |
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Form of aid |
Deferrals of tax and social security contributions |
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Budget |
The deferrals of public duties under the scheme are estimated at ISK 500 – 1 000 million (approx. EUR 3,4 – 6,8 million) |
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Duration |
The granting of aid under the measure shall be completed on 1 June 2022 and the deferred tax shall be paid in full by 15 February 2023 |
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Economic sectors |
All sectors |
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Name and address of the granting authority |
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The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/9 |
State aid – Decision to raise no objections
(2022/C 202/05)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
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Date of adoption of the decision |
26 January 2022 |
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Case No |
88016 |
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Decision No |
004/22/COL |
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EFTA State |
Norway |
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Title (and/or name of the beneficiary) |
Trondheim Spektrum AS |
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Legal basis |
Decision of the City Council of the Municipality of Trondheim |
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Type of measure |
Ad hoc |
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Objective |
COVID-19 damage compensation |
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Form of aid |
One direct grant |
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Budget |
NOK 5,4 million |
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Intensity |
51 % |
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Economic sectors |
The operating of multipurpose facilities used for events |
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Name and address of the granting authority |
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The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/10 |
State aid – Decision to raise no objections
(2022/C 202/06)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
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Date of adoption of the decision |
25 January 2022 |
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Case No |
88021 |
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Decision No |
011/22/COL |
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EFTA State |
Norway |
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Title (and/or name of the beneficiary) |
Renewal of and amendments to the COVID-19 Compensation scheme for operators of year-round, commercial, long-distance scheduled bus or passenger boat services |
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Legal basis |
The regulation on a temporary compensation scheme for operators of commercial bus and passenger boat routes with a loss in turnover caused by the COVID-19 outbreak |
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Type of measure |
Scheme |
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Objective |
Compensation for loss incurred by COVID-19 outbreak and the infection control measures implemented by the Norwegian authorities, to ensure the continuity of year-round, commercial, long-distance bus and passenger boat services that do not receive compensation from local or other public authorities for public services obligation |
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Form of aid |
Direct grants |
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Budget |
NOK 300 million |
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Intensity |
80 % |
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Duration |
1.1.2022 - 30.6.2022 |
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Economic sectors |
Land and sea transport |
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Name and address of the granting authority |
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The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/11 |
State aid – Decision to raise no objections
(2022/C 202/07)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
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Date of adoption of the decision |
28 January 2022 |
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Case No |
88047 |
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Decision No |
027/22/COL |
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EFTA State |
Norway |
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Title |
COVID-19 additional amendments to the aid scheme for undertakings suffering a substantial loss of turnover |
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Legal basis |
Act on the temporary subsidy scheme for enterprises with a significant reduction in turnover after August 2020 |
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Type of measure |
Scheme |
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Objective |
Compensate losses and thereby limit the damage caused by the COVID-19 pandemic |
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Form of aid |
Grants |
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Budget |
NOK 3,512 billion |
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Intensity |
70–90 % |
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Duration |
Until 30 June 2022 |
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Economic sectors |
All sectors except for companies engaged in petroleum extraction and production, companies engaged in production, transmission, distribution and trade of electric power, financial institutions and companies whose main purpose is investment activities |
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Name and address of the granting authority |
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The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/12 |
State aid – Decision to raise no objections
(2022/C 202/08)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
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Date of adoption of the decision |
27 January 2022 |
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Case No |
88034 |
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Decision No |
013/22/COL |
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EFTA State |
Norway |
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Title (and/or name of the beneficiary) |
COVID-19 wage subsidy scheme |
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Legal basis |
Lov om lønnsstøtte |
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Type of measure |
Scheme |
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Objective |
Avoiding lay-offs during the COVID-19 outbreak |
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Form of aid |
Direct grants |
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Budget |
NOK 4 billion |
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Intensity |
The maximum aid amount per employee cannot exceed 80 % of the individual gross salary, including the employer’s social security contributions |
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Duration |
Until 30 June 2022 |
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Economic sectors |
Sectors affected by containment measures, including, but not limited to accommodation, restaurant, tourism, and transport |
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Name and address of the granting authority |
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The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/13 |
State aid – Decision to raise no objections
(2022/C 202/09)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
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Date of adoption of the decision |
21 January 2022 |
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Case No |
88018 |
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Decision No |
003/22/COL |
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EFTA State |
Iceland |
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Title |
COVID-19 Renewal of, and amendment to, the Resilience grants scheme |
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Legal basis |
Act on Resilience Grants No 160/2020 (lög um viðspyrnustyrki) |
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Type of measure |
Scheme |
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Objective |
To contribute to the continued economic activity of undertakings that have suffered loss of income due to the COVID-19 pandemic and containment measures imposed to fight the spreading of the virus |
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Form of aid |
Direct grants |
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Budget |
ISK 27,2 billion for the period from 1 November 2020 to 31 December 2021 |
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Duration |
Until 30 June 2022 |
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Economic sectors |
All sectors |
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Name and address of the granting authority |
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The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
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19.5.2022 |
EN |
Official Journal of the European Union |
C 202/14 |
State aid – Decision to raise no objections
(2022/C 202/10)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
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Date of adoption of the decision |
1 February 2022 |
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Case No |
88040 |
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Decision No |
028/22/COL |
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EFTA State |
Iceland |
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Title |
COVID-19 Scheme to compensate undertakings in the restaurant sector due to pandemic restrictions |
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Legal basis |
Act on grants to undertakings operating restaurants that have been subject to restrictions in opening hours (lög um styrki til rekstraraðila veitingastaða sem hafa sætt takmörkunum á opnunartíma) |
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Type of measure |
Scheme |
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Objective |
Compensating undertakings operating restaurants, which have a license to serve alcoholic beverages, for the loss of income due to the effects of the containment measures implemented to combat the spreading of COVID-19 |
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Form of aid |
Direct grants |
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Budget |
Between ISK 1,5 to 3 billion (approx. EUR 10 to 20 million) |
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Duration |
Until 30 June 2022 |
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Economic sectors |
Restaurant sector |
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Name and address of the granting authority |
Iceland Revenue and Customs Tryggvagata 19 101 Reykjavík ICELAND |
The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
|
19.5.2022 |
EN |
Official Journal of the European Union |
C 202/15 |
State aid – Decision to raise no objections
(2022/C 202/11)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
|
Date of adoption of the decision |
4 February 2022 |
||||
|
Case No |
88071 |
||||
|
Decision No |
34/22/COL |
||||
|
EFTA State |
Iceland |
||||
|
Title |
COVID-19 Amendments to the Resilience grants scheme |
||||
|
Legal basis |
Act on Resilience Grants No 160/2020 (lög um viðspyrnustyrki) |
||||
|
Type of measure |
Scheme |
||||
|
Objective |
To contribute to the continued economic activity of undertakings that have suffered loss of income due to the COVID-19 pandemic and containment measures imposed to fight the spreading of the virus |
||||
|
Form of aid |
Direct grants |
||||
|
Budget |
ISK 27,2 billion for the period from 1 November 2020 to June 2022 |
||||
|
Duration |
Until June 2022 |
||||
|
Economic sectors |
All Sectors |
||||
|
Name and address of the granting authority |
|
The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
|
19.5.2022 |
EN |
Official Journal of the European Union |
C 202/16 |
State aid – Decision to raise no objections
(2022/C 202/12)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
|
Date of adoption of the decision |
27 January 2022 |
||||
|
Case No |
88036 |
||||
|
Decision No |
14/22/COL |
||||
|
EFTA State |
Iceland |
||||
|
Title (and/or name of the beneficiary) |
COVID-19 Renewal of and amendment to the Closure grants scheme |
||||
|
Legal basis |
Legislative Act amending Act No 38/2020 on closure grants |
||||
|
Type of measure |
Scheme |
||||
|
Objective |
The objective of the measure is to maintain the level of employment and economic activity in Iceland by supporting undertakings that have incurred a temporary loss of income due to the COVID-19 pandemic and measures imposed to fight the spreading of the virus |
||||
|
Form of aid |
Direct grants |
||||
|
Budget |
An estimated budget ISK 1 billion and a maximum budget ISK 2 billion |
||||
|
Duration |
30 June 2022 |
||||
|
Economic sectors |
All sectors |
||||
|
Name and address of the granting authority |
|
The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
|
19.5.2022 |
EN |
Official Journal of the European Union |
C 202/17 |
State aid – Decision to raise no objections
(2022/C 202/13)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
|
Date of adoption of the decision |
28 January 2021 |
|||||
|
Case No |
88037 |
|||||
|
Decision No |
025/22/COL |
|||||
|
EFTA State |
Norway |
|||||
|
Title (and/or name of the beneficiary) |
COVID-19 renewal of and amendments to the scheme compensating for the cancellation of large public events |
|||||
|
Legal basis |
Parliamentary decision authorising the scheme and the prolongation in the revised State budget. In addition to a letter of assignment from the Ministry of Trade, Industry and Fisheries to Innovation Norway. |
|||||
|
Type of measure |
Aid scheme |
|||||
|
Objective |
To remedy the shortage of liquidity that organisers and co-organisers of large public events face following the COVID-19 outbreak. |
|||||
|
Form of aid |
Direct grants |
|||||
|
Budget |
NOK 85 million |
|||||
|
Intensity |
60 % |
|||||
|
Duration |
Until 30 June 2022 |
|||||
|
Economic sectors |
All sectors |
|||||
|
Name and address of the granting authority |
|
The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
|
19.5.2022 |
EN |
Official Journal of the European Union |
C 202/18 |
State aid – Decision to raise no objections
(2022/C 202/14)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
|
Date of adoption of the decision |
28 January 2022 |
||||
|
Case No |
88045 |
||||
|
Decision No |
026/22/COL |
||||
|
EFTA State |
Norway |
||||
|
Title |
COVID-19 Renewal of and amendment to the aid scheme for lost inventory |
||||
|
Legal basis |
Regulation complementing and executing the Act on a temporary aid scheme for undertakings with substantial loss in turnover after August 2020 for grant periods after October 2021 |
||||
|
Type of measure |
Scheme |
||||
|
Objective |
To compensate restaurants, cafes, bars, and hotels that offer food to other customers than hotel guests, and flower retailers, for inventory loss |
||||
|
Form of aid |
Direct grants |
||||
|
Budget |
NOK 28 million |
||||
|
Intensity |
100 % |
||||
|
Duration |
December 2021 to February 2022 |
||||
|
Economic sectors |
Food services and flower retailers |
||||
|
Name and address of the granting authority |
|
The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s Internet: http://www.eftasurv.int/state-aid/state-aid-register/decisions/
V Announcements
PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY
European Commission
|
19.5.2022 |
EN |
Official Journal of the European Union |
C 202/19 |
Prior notification of a concentration
(Case M.10705 – BLACKSTONE / CARLYLE / GOLDMAN SACHS / PRIMA)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 202/15)
1.
On 12 May 2022, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).This notification concerns the following undertakings:
|
— |
Blackstone Inc. (‘Blackstone’, United States), |
|
— |
Carlyle Group, Inc. (‘Carlyle’, United States), |
|
— |
Goldman Sachs Group, Inc. (‘Goldman Sachs’, United States), |
|
— |
Prima Assicurazioni S.p.A. (‘Prima’, Italy), jointly controlled by Blackstone and a private individual. |
Blackstone, Carlyle and Goldman Sachs will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of Prima.
The concentration is accomplished by way of purchase of shares and of contract.
2.
The business activities of the undertakings concerned are the following:|
— |
Blackstone is a global asset management firm that manages funds, |
|
— |
Carlyle is a global asset management firm that manages funds in three main investment disciplines: (i) global private equity, (ii) global credit and (iii) investment solutions, |
|
— |
Goldman Sachs is a global investment banking, securities and investment management firm providing services to corporations, financial institutions, governments and individuals, |
|
— |
Prima is an intermediary distributing non-life car, motorcycle, vans (including road assistance) and home and family private liability insurances in Italy. |
3.
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the 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 Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.
4.
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. The following reference should always be specified:
M.10705 – BLACKSTONE / CARLYLE / GOLDMAN SACHS / PRIMA
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Fax +32 22964301
Postal address:
|
European Commission |
|
Directorate-General for Competition |
|
Merger Registry |
|
1049 Bruxelles/Brussel |
|
BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).