17/09/2010 (Agence Europe) - On 15 September, the Commission authorised the exclusive takeover by the Dutch company, Metinvest B.V., of the Ukrainian companies PJSC-Ilyich Steel and PSC Ilyich Iron and Steel Works (jointly called “IISW”). Metinvest B.V. is controlled by the Ukrainian private conglomerate, SCM (mining, metals, energy, real estate and finance) and by the private Cypriot conglomerate, Energees Invetsment Ltd. (mining and metals). It is present at every stage of the steel production and marketing chain. IISW is a fully-integrated steelworks, specialised in the production of flat finished products. The operation, notified on 10 August 2010, was examined under simplified merger review procedure. (F.G./transl.jl)