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Image header Agence Europe
Europe Daily Bulletin No. 10696
ECONOMY - FINANCES / (ae) competition

Verbund-Siemens e-mobility merger

Brussels, 23/09/2012 (Agence Europe) - Last week, the European Commission gave the go-ahead to the creation of a joint venture between Verbund, the largest Austrian electricity provider, and Siemens of Germany, to provide e-mobility services across Austria. E-mobility services are needed for operating electric vehicles, including the provision of charging infrastructure, electricity from renewable sources and information services. The Commission found that the operation did not give rise to...

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